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COLUMBIA STREET WATERFRONT DISTRICT A quarterly analysis of residential sales in Columbia Street Waterfront District, Brooklyn 3rd Quarter 2016
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Residential Market Report, 3rd Quarter 2016
Residential Market Report, 3rd Quarter 2016 Columbia Street Waterfront District, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$785K
11
$963
$640K
-35% YoY
38% YoY
-7% YoY
12% YoY
NEIGHBORHOOD BOUNDARIES
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RESIDENTIAL STATS Median Sale Price by Quarter $1.6M $1.4M
$1.2M $1.0M
$785K
$800K $600K $400K
$200K $
Median Sale Price by Year $1.4M $1.2M $1.0M
$850K
$800K
$600K $400K $200K $
Number of Transactions Quarter Q1 Q2 Q3 Q4
2011 47 34 33 9
18 16 14 12 10 8 6 4 2 0
2012 8 12 12 11
2013 17 16 13 15
2014 10 12 17 17
2015 7 13 8 9
2016 14 16 11
16 14
11
Q1
Q2 2014
Q3 2015
Q4
2016
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Median Sale Price per Square Foot $1,200
$1,000
$963
$800
$600 $400
$200 $
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $785,000 Coops Houses -
Y-o-Y -35% -
Median sale price/sqft $963 -
Y-o-Y -7% -
Transactions 11 0 0
Number of Sales by Building Type
Condos Coops Houses
100%
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LIST OF TRANSACTIONS Address 110 President Street #1 51 Woodhull Street #5A 43 Tiffany Place #4K 1 Tiffany Place #3J 55 Carroll Street #39 55 Carroll Street #G 118 Union Street #9C 222 Columbia Street #2A 152 De Graw Street #2A 152 De Graw Street #3A 152 De Graw Street #2B
BBL 3-00348-1301 3-00358-1209 3-00320-1278 3-00320-1037 3-00347-1061 3-00347-1061 3-00342-1030 3-00335-1019 3-00330-1003 3-00330-1005 3-00330-1004
Sale date 21-Jul-16 10-Aug-16 21-Sep-16 20-Sep-16 21-Sep-16 21-Sep-16 3-Aug-16 5-Aug-16 15-Jul-16 15-Jul-16 15-Jul-16
Sale price $2,512,721 $1,532,500 $1,275,000 $1,200,000 $785,000 $785,000 $770,000 $760,000 $408,170 $374,237 $366,030
Property type Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo
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Sqft 1,276 1,122 1,195 759 759 835 825 699 701 612
