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COLUMBIA STREET WATERFRONT DISTRICT A monthly analysis of residential sales in Columbia Street Waterfront District, Brooklyn May 2017

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

Residential Market Report, May 2017

Residential Market Report, May 2017 Columbia Street Waterfront District, Brooklyn

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

BROOKLYN MEDIAN SALE PRICE

$1.44M

3

$971

$679K

100% YoY

-63% YoY

3% YoY

18% YoY

NEIGHBORHOOD BOUNDARIES

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

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

$1.4M

Median Sale Price by Quarter $1.6M

$1.4M $1.2M $1.0M

$820K

$800K $600K

$400K $200K $

Number of Transactions Year 2012 2013 2014 2015 2016 2017

Jan 3 7 3 3 7 5

Feb 4 6 4 1 7 5

Mar 1 4 3 1 0 3

Apr 0 5 3 9 3 0

May 5 4 3 3 8 3

Jun 7 7 5 1 4

Jul 4 6 4 6 4

Aug 7 1 4 1 3

Sep 1 2 8 1 4

Oct 3 7 9 2 2

Nov 4 2 4 4 2

Dec 4 5 4 3 2

10 8 5

6

5 3

4

3

2

0

0 Jan

Feb

Mar

Apr

May

Jun 2015 2016

Jul 2017

Aug

Sep

Oct

Nov

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

Dec

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

$2,500 $2,000 $1,500

$1,000

$971

$500

$

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $1,090,000 Coops Houses $1,490,000

Y-o-Y 51% -

Median sale price/sqft $1,220 $596

Y-o-Y 29% -

Transactions 2 0 1

Number of Sales by Building Type

33% Condos Coops Houses 67%

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LIST OF TRANSACTIONS Address 129 A Tiffany Pl 100 Congress St #501 145 Sackett St #5C

BBL 3-00319-0072 3-00299-1051 3-00330-1313

Sale date 25-May-17 2-May-17 4-May-17

Sale price $1,490,000 $1,440,000 $740,000

Property type House Condo Condo

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

Sqft 2,500 981 762