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DOWNTOWN BROOKLYN A monthly analysis of residential sales in Downtown Brooklyn, Brooklyn December 2016
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Residential Market Report, December 2016
Residential Market Report, December 2016 Downtown Brooklyn, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$650K
21
$1,177
$655K
-16% YoY
31% YoY
8% YoY
8% 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 $
$650K
Median Sale Price by Quarter $1.0M $900K $800K $700K $600K $500K $400K $300K $200K $100K $
$749K
Number of Transactions Year 2011 2012 2013 2014 2015 2016
Jan 57 7 30 17 33 17
Feb 38 21 15 14 19 14
Mar 58 25 15 12 27 20
Apr 32 21 17 18 33 6
May 44 32 24 19 19 10
Jun 45 28 27 16 32 34
Jul 25 27 20 24 23 12
Aug 37 33 33 19 31 20
Sep 19 22 26 15 5 23
Oct 20 20 19 13 19 19
Nov 17 23 19 13 8 11
Dec 17 27 16 39 16 21
50 40
34
30 17
20
14
20
20 6
10
23
10
21
19
12
11
0 Jan
Feb
Mar
Apr
May
Jun 2014 2015
Jul 2016
Aug
Sep
Oct
Nov
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Dec
Median Sale Price per Square Foot $1,600 $1,400 $1,200 $1,000 $800 $600 $400 $200 $
$1,177
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $935,000 Coops $491,000 Houses -
Y-o-Y 11% 43% -
Median sale price/sqft $1,193 $637 -
Y-o-Y 7% -21% -
Transactions 10 11 0
Number of Sales by Building Type
52%
48%
Condos Coops Houses
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LIST OF TRANSACTIONS Address 388 Bridge Street #35A 388 Bridge Street #35B 110 Livingston Street #10P 176 Johnson Street #5A 110 Livingston Street #10R 175 Adams St #6C 175 Adams St #2J 306 Gold Street #39B 176 Johnson Street #8H 189 Schermerhorn Street #25H 175 Adams St #9B 191 Willoughby St #2K 77-95 Livingston St #8B 64 Court Street #7G 175 Adams St #3F 175 Adams St #14F 175 Adams St #5D 122 Ashland Pl #10F 165-167 Sands St #105
BBL 3-00152-1029 3-00152-1029 3-00269-1181 3-02049-1027 3-00269-1183 3-00086-0011 3-00086-0011 3-00133-1289 3-02049-1058 3-00164-1341 3-00086-0011 3-02061-0060 3-00266-0012 3-00265-1032 3-00086-0011 3-00086-0011 3-00086-0011 3-02061-0040 3-00068-0107
Sale date 27-Dec-16 27-Dec-16 12-Dec-16 8-Dec-16 19-Dec-16 19-Dec-16 13-Dec-16 28-Dec-16 1-Dec-16 15-Dec-16 5-Dec-16 15-Dec-16 14-Dec-16 5-Dec-16 6-Dec-16 13-Dec-16 12-Dec-16 16-Dec-16 14-Dec-16
Sale price $2,065,000 $2,065,000 $985,000 $973,000 $935,000 $875,000 $840,000 $749,000 $675,000 $650,000 $580,000 $540,000 $530,000 $499,000 $452,000 $430,000 $340,000 $330,000 $150,000
Property type Condo Condo Condo Condo Condo Coop Coop Condo Condo Condo Coop Coop Coop Condo Coop Coop Coop Coop Coop
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Sqft 1,731 1,731 848 1,090 767 870 615 670 507
355 675 893