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DOWNTOWN BROOKLYN A monthly analysis of residential sales in Downtown Brooklyn, Brooklyn June 2017
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Residential Market Report, June 2017
Residential Market Report, June 2017 Downtown Brooklyn, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$879K
19
$1,152
$750K
-7% YoY
-44% YoY
7% YoY
23% 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 $
$879K
Median Sale Price by Quarter $1.0M $900K $800K $700K $600K $500K $400K $300K $200K $100K $
$835K
Number of Transactions Year 2012 2013 2014 2015 2016 2017
Jan 7 30 17 34 17 18
Feb 21 15 14 19 14 14
Mar 25 15 12 27 20 13
Apr 21 17 18 33 6 15
May 32 24 19 19 10 15
Jun 28 27 16 32 34 19
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
18
20
14
13
15
15
19
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 $
$1,152
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $899,000 Coops $477,500 Houses -
Y-o-Y -13% -5% -
Median sale price/sqft $1,217 $585 -
Y-o-Y 9% -18% -
Transactions 15 5 0
Number of Sales by Building Type
25%
Condos Coops Houses
75%
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LIST OF TRANSACTIONS Address 365 Bridge St #9P 306 Gold St #29A 388 Bridge St #34G 365 Bridge St #8E 365-101 Bridge St #4J 306 Gold St #33E 189 Schermerhorn St #11F 306 Gold St #3H 306 Gold St #3H 44 Duffield St #1A 384-388 Bridge St #33D 365-101 Bridge St #12J 150 Myrtle Ave #1207 77-95 Livingston St #17F 175 Willoughby St #2N 175 Willoughby St #10J 165-167 Sands St #107
BBL 3-02058-1136 3-00133-1218 3-00152-1027 3-02058-1108 3-02058-1045 3-00133-1250 3-00164-1218 3-00133-1011 3-00133-1011 3-00120-1101 3-00152-1016 3-02058-1177 3-02060-1099 3-00266-0012 3-02061-0080 3-02061-0080 3-00068-0107
Sale date 8-Jun-17 1-Jun-17 29-Jun-17 9-Jun-17 8-Jun-17 7-Jun-17 1-Jun-17 9-Jun-17 9-Jun-17 5-Jun-17 1-Jun-17 15-Jun-17 22-Jun-17 20-Jun-17 21-Jun-17 14-Jun-17 28-Jun-17
Sale price $1,800,000 $1,525,000 $1,490,000 $1,200,000 $1,150,000 $967,500 $899,000 $879,000 $879,000 $775,000 $690,000 $590,000 $575,000 $560,000 $485,000 $470,000 $170,000
Property type Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Coop Coop Coop Coop
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Sqft 1,800 1,208 1,141 1,287 1,287 765 739 669 669 927 530 566 499 650
550