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COLUMBIA STREET WATERFRONT DISTRICT A quarterly analysis of residential sales in Columbia Street Waterfront District, Brooklyn 3rd Quarter 2016

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

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

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

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

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

Sqft 1,276 1,122 1,195 759 759 835 825 699 701 612