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COLUMBIA STREET WATERFRONT DISTRICT A quarterly analysis of residential sales in Columbia Street Waterfront District, Brooklyn 3rd Quarter 2017

P: 718-715-1758 www.PropertyShark.com [email protected]

Residential Market Report, 3rd Quarter 2017

Residential Market Report, 3rd Quarter 2017 Columbia Street Waterfront District, Brooklyn

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

BROOKLYN MEDIAN SALE PRICE

$1.12M

11

$1,062

$706K

42% YoY

0% YoY

10% YoY

11% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Quarter $1.6M

$1.4M

$1.1M

$1.2M $1.0M

$800K $600K

$400K $200K $

Median Sale Price by Year $1.4M $1.2M

$1.0M

$840K

$800K $600K $400K $200K $

Number of Transactions Quarter Q1 Q2 Q3 Q4

2012 8 12 12 11

2013 17 16 9 14

2014 10 11 16 17

2015 5 13 8 9

2016 14 15 11 6

2017 13 5 11

16 13

14

11

12 10 8 5

6 4 2 0 Q1

Q2

2015

Q3

2016

Q4

2017

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Median Sale Price per Square Foot $1,600 $1,400 $1,200 $1,000 $800 $600 $400 $200 $

$1,062

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $1,115,000 Coops Houses -

Y-o-Y 42% -

Median sale price/sqft $1,062 -

Y-o-Y 10% -

Transactions 11 0 0

Number of Sales by Building Type

Condos Coops Houses

100%

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LIST OF TRANSACTIONS Address 255 Columbia St #S2 69-75 Carroll St #3D 42 Tiffany Pl #5C 60 Tiffany Pl #2G 1 Tiffany Pl #3P 51 Woodhull St #1B 118 Union St #6C 76 President St #15AG 1 Tiffany Pl #4D

BBL 3-00348-1204 3-00348-1020 3-00319-1012 3-00319-1116 3-00320-1042 3-00358-1202 3-00342-1021 3-00347-1019 3-00320-1046

Sale date 4-Aug-17 3-Aug-17 20-Sep-17 14-Aug-17 13-Sep-17 7-Sep-17 13-Jul-17 27-Sep-17 28-Jul-17

Sale price $1,650,000 $1,500,000 $1,340,000 $1,130,000 $1,100,000 $1,090,000 $885,000 $834,000 $706,000

Property type Condo Condo Condo Condo Condo Condo Condo Condo Condo

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Sqft 1,253 1,286 1,169 865 1,056 1,298 833 793 834