Columbia Street Waterfront District


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Columbia Street Waterfront District Report Columbia Street Waterfront District FEBRUARY 2016 in Columbia Street Waterfront District, Brooklyn

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Columbia Street Waterfront District A monthly analysis of residential sales in Columbia Street Waterfront District, Brooklyn FEBRUARY 2016

Borough

Neighborhood

Brooklyn

Year

2016

Columbia StreetMonth Waterfront2 District

Residential Market Report, February 2016 Columbia Street Waterfront District, Brooklyn

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ. FT.

7 $858K

$992

$858K

7

$992

-5% Y-o-Y

600% Y-o-Y

-3% Y-o-Y

NEIGHBORHOOD BOUNDARIES

2 www.propertyshark.com

BOROUGH MEDIAN SALE PRICE

$600K

$600K

17% Y-o-Y

RESIDENTIAL STATS Median Sale Price by Month $1,800K

$1,600K $1,400K $1,200K $906K

$1,000K

$858K

$800K $600K $400K $200K 0

Median Sale Price by Quarter $1,400K

$1,166K

$1,200K $1,000K

$797K

$800K $600K $400K $200K 0

Number of Transactions Month Jan

2011 1

2012 3

2013 7

2014 3

2015 3

2016 7 7

Feb

7

4

6

4

1

Mar

9

1

4

3

1

Apr

13

n/a

5

3

9

May

6

5

4

3

3

Jun

5

7

7

5

1

Jul

5

4

6

4

6

Aug

12

7

1

4

1

Sep

14

1

2

8

1

Oct

4

3

7

9

2

Nov

3

4

2

4

4

Dec

2

4

5

4

3

10

9 8

7

7

7

6 5 4 3 2 1

0 Jan

Feb

Mar

Apr

May

Jun 2014

2015

Jul 2016

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Aug

Sep

Oct

Nov

Dec

Median Price per Square Foot $1,400 $1,200 $1,000 $800 $600 $400 $200 $0

$1,018

$992

CO-OP VERSUS CONDO SALES Type of Residential Properties Sold

Property type Condos

Median Price

Median price per sq. ft.

No. of sales

Condos

Price $857,756

Y-o-Y change -5%

Price $992

Y-o-Y change -3%

Co-ops

n/a

n/a

n/a

n/a

n/a

Houses

n/a

n/a

n/a

n/a

n/a

Number of Sales by Building Type

Condos 100.0%

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7

100.0%

7

LIST OF TRANSACTIONS Address 1 84 Congress St #A 2 148 De Graw Street #1

BBL 3-00299-1201 3-00330-1401

Sale date 29-Feb-16 26-Feb-16

Sale price $2,952,925 $2,010,000

Property type Condo Condo

Sqft 2,952 n/a

3 60 Tiffany Place #2C

3-00319-1112

05-Feb-16

$1,350,000

Condo

1,109

4 145 Sackett Street #4A

3-00330-1308

04-Feb-16

$857,756

Condo

934

5 156 Sackett Street #3C

3-00336-1207

23-Feb-16

$795,000

Condo

793

6 156 Sackett Street #5C

3-00336-1215

25-Feb-16

$780,000

Condo

793

7 71 Summit Street #59G

3-00352-1040

01-Feb-16

$633,971

Condo

787

5 www.propertyshark.com