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DOWNTOWN BROOKLYN A monthly analysis of residential sales in Downtown Brooklyn, Brooklyn February 2017
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Residential Market Report, February 2017
Residential Market Report, February 2017 Downtown Brooklyn, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$558K
15
$1,156
$707K
-19% YoY
7% YoY
5% YoY
15% 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 $
$558K
Median Sale Price by Quarter $1.0M $900K $800K $700K $600K $500K $400K $300K $200K $100K $
$750K
Number of Transactions Year 2012 2013 2014 2015 2016 2017
Jan 7 30 17 34 17 19
Feb 21 15 14 19 14 15
Mar 25 15 12 27 20
Apr 21 17 18 33 6
May 32 24 19 19 10
Jun 28 27 16 32 34
Jul 27 20 24 23 12
Aug 33 33 19 32 21
Sep 22 26 15 5 23
Oct 20 19 13 19 19
Nov 23 19 13 8 11
Dec 27 16 39 16 20
40 30 19
20
15
10 0 Jan
Feb
Mar
Apr
May
Jun 2015 2016
Jul 2017
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 $
$1,156
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $1,220,000 Coops $421,000 Houses -
Y-o-Y 43% -5% -
Median sale price/sqft $1,179 $568 -
Y-o-Y 6% -43% -
Transactions 6 10 0
Number of Sales by Building Type
37%
Condos Coops Houses
63%
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LIST OF TRANSACTIONS Address 306 Gold St #39C 150 Myrtle Ave #2903 150 Myrtle Ave #1706 62-64 Court St #4F 365-101 Bridge St #12B 77-95 Livingston St #18D 175 Willoughby St #3C 175 Adams St #6C 77-95 Livingston St #17L 77-95 Livingston St #3L 122 Ashland Pl #5N 175 Adams St #2J 175 Willoughby St #16N 165-167 Sands St #603
BBL 3-00133-1290 3-02060-1208 3-02060-1127 3-00265-1012 3-02058-1169 3-00266-0012 3-02061-0080 3-00086-0011 3-00266-0012 3-00266-0012 3-02061-0040 3-00086-0011 3-02061-0080 3-00068-0107
Sale date 24-Feb-17 21-Feb-17 2-Feb-17 10-Feb-17 21-Feb-17 23-Feb-17 9-Feb-17 1-Feb-17 24-Feb-17 2-Feb-17 3-Feb-17 23-Feb-17 28-Feb-17 21-Feb-17
Sale price $1,515,000 $1,350,000 $1,220,000 $950,000 $899,900 $855,330 $590,000 $525,000 $470,000 $421,000 $380,000 $338,800 $168,250 $150,000
Property type Condo Condo Condo Condo Condo Coop Coop Coop Coop Coop Coop Coop Coop Coop
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Sqft 1,311 1,052 1,033 806 901
630
870
