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COLUMBIA STREET WATERFRONT DISTRICT A monthly analysis of residential sales in Columbia Street Waterfront District, Brooklyn June 2018

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

Residential Market Report, June 2018 Columbia Street Waterfront District, Brooklyn

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

BROOKLYN MEDIAN SALE PRICE

$632K

6

$750

$705K

-57% YoY

200% YoY

-45% YoY

-5% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Month $1.8M $1.6M $1.4M $1.2M $1.0M $800K $600K $400K $200K $

$632K

Median Sale Price by Quarter $1.6M $1.4M $1.2M $1.0M $660K

$800K

$600K $400K $200K $

Number of Transactions Year 2013 2014 2015 2016 2017 2018

Jan 7 3 3 7 5 2

Feb 6 4 1 7 5 0

Mar 4 3 1 0 3 2

Apr 5 3 9 3 0 1

May 4 3 3 8 3 3

Jun 7 5 1 4 2 6

Jul 6 4 6 4 2

Aug 1 4 1 3 3

Sep 2 8 1 4 5

Oct 7 9 2 2 4

Nov 2 4 4 2 1

Dec 5 4 3 2 4

10 8

6

6 4

2

2

3

2

1

0

0 Jan

Feb

Mar

Apr

May

Jun 2016 2017

Jul 2018

Aug

Sep

Oct

Nov

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Dec

Median Sale Price per Square Foot $3,500 $3,000 $2,500 $2,000 $1,500 $1,000

$750

$500 $

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $632,000 Coops Houses -

Y-o-Y -57% -

Median sale price/sqft $750 -

Y-o-Y -45% -

Transactions 6 0 0

Number of Sales by Building Type

Condos Coops Houses

100%

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LIST OF TRANSACTIONS Address 25 Carroll St #5B 138 Sackett St #1B 1 Tiffany Pl #1M 280 Columbia St #1 280 Columbia St #58

BBL 3-00347-1115 3-00336-1402 3-00320-1012 3-00352-1038 3-00352-1038

Sale date 27-Jun-18 4-Jun-18 6-Jun-18 1-Jun-18 1-Jun-18

Sale price $1,750,000 $1,276,000 $632,000 $330,000 $330,000

Property type Condo Condo Condo Condo Condo

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Sqft 1,377 1,167 843 768 768