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DOWNTOWN BROOKLYN A monthly analysis of residential sales in Downtown Brooklyn, Brooklyn October 2016
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Residential Market Report, October 2016
Residential Market Report, October 2016 Downtown Brooklyn, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$719K
19
$1,127
$630K
31% YoY
0% YoY
29% YoY
10% 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 $
$719K
Median Sale Price by Quarter $1.0M $900K $800K $700K $600K $500K $400K $300K $200K $100K $
$803K
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
Dec 17 27 16 39 16
50 40
34
30 17
20
14
20
20 6
10
23
19
12
10
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 $
$1,127
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $995,000 Coops $510,000 Houses -
Y-o-Y 0% 5% -
Median sale price/sqft $1,137 $877 -
Y-o-Y -6% 23% -
Transactions 11 8 0
Number of Sales by Building Type
42%
Condos Coops 58%
Houses
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LIST OF TRANSACTIONS Address 110 Livingston Street #8E 306 Gold Street #31C 150 Myrtle Avenue #3002 365 Bridge Street #10F 365 Bridge Street #10M 175 Adams St #9C 189 Schermerhorn Street #11G 189 Schermerhorn Street #25C 64 Court Street #2F 150 Myrtle Avenue #1807 189 Schermerhorn Street #17F 175 Adams St #7H 175 Adams St #12B 191 Willoughby St #10K 175 Adams St #8B 175 Adams St #5K 165-167 Sands St #215
BBL 3-00269-1130 3-00133-1234 3-02060-1214 3-02058-1143 3-02058-1150 3-00086-0011 3-00164-1219 3-00164-1336 3-00265-1004 3-02060-1135 3-00164-1267 3-00086-0011 3-00086-0011 3-02061-0060 3-00086-0011 3-00086-0011 3-00068-0107
Sale date 14-Oct-16 17-Oct-16 31-Oct-16 11-Oct-16 28-Oct-16 7-Oct-16 24-Oct-16 18-Oct-16 14-Oct-16 7-Oct-16 28-Oct-16 13-Oct-16 14-Oct-16 20-Oct-16 19-Oct-16 27-Oct-16 12-Oct-16
Sale price $1,500,000 $1,400,000 $1,399,000 $1,250,000 $1,100,000 $1,100,000 $890,000 $800,000 $719,000 $685,000 $660,000 $575,000 $545,000 $510,000 $329,000 $300,000 $175,000
Property type Condo Condo Condo Condo Condo Coop Condo Condo Condo Condo Condo Coop Coop Coop Coop Coop Coop
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Sqft 1,227 1,320 1,240 1,232 1,063 1,043 749 616 628 609 510 420 730 770
