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COLUMBIA STREET WATERFRONT DISTRICT A quarterly analysis of residential sales in Columbia Street Waterfront District, Brooklyn 2nd Quarter 2016
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Residential Market Report, 2nd Quarter 2016
Residential Market Report, 2nd Quarter 2016 Columbia Street Waterfront District, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$830K
15
$990
$596K
13% YoY
15% YoY
11% YoY
7% YoY
NEIGHBORHOOD BOUNDARIES
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RESIDENTIAL STATS Median Sale Price by Quarter $1.6M $1.4M $1.2M $1.0M
$830K
$800K $600K $400K $200K $
Median Sale Price by Year $1.4M $1.2M $906K
$1.0M $800K $600K $400K $200K $
Number of Transactions Quarter Q1 Q2 Q3 Q4
2011 17 24 31 9
18 16 14 12 10 8 6 4 2 0
2012 8 12 12 11
2014 10 11 16 17
2015 5 13 8 9
2016 14 15
15
14
Q1
2013 17 16 9 14
Q2 2014
Q3 2015
Q4
2016
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Median Sale Price per Square Foot $1,200 $1,000
$990
$800 $600 $400 $200 $
RESIDENTIAL SALES BREAKDOWN" Type of Residential Properties Sold Property Type Median sale price Condos $830,000 Coops Houses -
Y-o-Y 16% -
Median sale price/sqft $990 -
Y-o-Y 9% -
Transactions 15 0 0
Number of Sales by Building Type
Condos Coops Houses
100%
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LIST OF TRANSACTIONS Address 43 Tiffany Place #PH5 20 Tiffany Place #2S 136 De Graw Street #2 100 Congress Street #401 138 Sackett Street #3B 145 Sackett Street #5A 25 Carroll Street #4A 1 Tiffany Place #4C 57 President Street #22AG 260 Columbia Street #37 260 Columbia Street #F 145 Sackett Street #3C 152 De Graw Street #2A 152 De Graw Street #3A 152 De Graw Street #2B
BBL 3-00320-1304 3-00319-1202 3-00330-1202 3-00299-1045 3-00336-1405 3-00330-1311 3-00347-1111 3-00320-1045 3-00341-1037 3-00347-1056 3-00347-1056 3-00330-1307 3-00330-1003 3-00330-1005 3-00330-1004
Sale date 2-May-16 1-Jun-16 2-May-16 18-Apr-16 24-Jun-16 26-Apr-16 29-Jun-16 26-Apr-16 8-Jun-16 10-May-16 10-May-16 25-May-16 18-May-16 18-May-16 18-May-16
Sale price $2,400,000 $1,200,000 $1,200,000 $1,150,000 $1,073,363 $966,319 $850,000 $830,000 $780,000 $760,000 $760,000 $683,500 $408,170 $380,240 $366,030
Property type Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo
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Sqft 2,406 1,188 1,020 965 967 934 898 1,013 792 768 768 762 699 701 612