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COLUMBIA STREET WATERFRONT DISTRICT A quarterly analysis of residential sales in Columbia Street Waterfront District, Brooklyn 4th Quarter 2016
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Residential Market Report, 4th Quarter 2016
Residential Market Report, 4th Quarter 2016 Columbia Street Waterfront District, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$890K
7
$1,062
$649K
12% YoY
-22% YoY
15% YoY
13% YoY
NEIGHBORHOOD BOUNDARIES
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RESIDENTIAL STATS Median Sale Price by Quarter $1.6M $1.4M
$1.2M
$890K
$1.0M
$800K $600K $400K
$200K $
Median Sale Price by Year $1.4M $1.2M $1.0M
$850K
$800K
$600K $400K $200K $
Number of Transactions Quarter Q1 Q2 Q3 Q4
2011 47 34 33 9
18 16 14 12 10 8 6 4 2 0
2012 8 12 12 11
2013 17 16 13 15
2014 10 12 17 17
2015 7 13 8 9
2016 14 16 13 7
16 14
13
7
Q1
Q2 2014
Q3 2015
Q4
2016
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Median Sale Price per Square Foot $1,200
$1,062
$1,000 $800
$600 $400
$200 $
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $848,500 Coops Houses $2,490,000
Y-o-Y 6% -
Median sale price/sqft $1,040 $1,396
Y-o-Y 13% -
Transactions 6 0 1
Number of Sales by Building Type
14%
Condos Coops Houses
86%
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LIST OF TRANSACTIONS Address 48 Tiffany Pl 60 Tiffany Place #2B 414 Hicks Street #C305 414 Hicks Street #B205 156 Sackett Street #6C 43 Tiffany Place #3F 40 Carroll Street #49G
BBL 3-00319-0066 3-00319-1111 3-00304-1132 3-00304-1110 3-00336-1219 3-00320-1262 3-00352-1010
Sale date 18-Oct-16 15-Nov-16 7-Dec-16 7-Dec-16 20-Dec-16 13-Oct-16 27-Dec-16
Sale price $2,490,000 $1,280,000 $910,000 $890,000 $807,000 $605,000 $13,913
Property type House Condo Condo Condo Condo Condo Condo
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Sqft 1,784 1,086 838 838 793 679 566
