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COLUMBIA STREET WATERFRONT DISTRICT A quarterly analysis of residential sales in Columbia Street Waterfront District, Brooklyn 2nd Quarter 2017

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

Residential Market Report, 2nd Quarter 2017

Residential Market Report, 2nd Quarter 2017 Columbia Street Waterfront District, Brooklyn

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

BROOKLYN MEDIAN SALE PRICE

$1.44M

5

$1,405

$718K

73% YoY

-67% YoY

42% YoY

21% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Quarter $1.6M

$1.4M

$1.4M $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

16 13

14 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 $

$1,405

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $1,320,000 Coops Houses $1,490,000

Y-o-Y 59% -

Median sale price/sqft $1,437 $596

Y-o-Y 45% -

Transactions 4 0 1

Number of Sales by Building Type

20%

Condos Coops Houses

80%

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LIST OF TRANSACTIONS Address 86 Congress St #305 129 A Tiffany Pl 100 Congress St #501 145 Sackett St #6B 145 Sackett St #5C

BBL 3-00299-1042 3-00319-0072 3-00299-1051 3-00330-1315 3-00330-1313

Sale date 26-Jun-17 25-May-17 2-May-17 29-Jun-17 4-May-17

Sale price $1,725,000 $1,490,000 $1,440,000 $1,200,000 $740,000

Property type Condo House Condo Condo Condo

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

Sqft 1,175 2,500 981 854 762