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DOWNTOWN BROOKLYN A quarterly analysis of residential sales in Downtown Brooklyn, Brooklyn 3rd Quarter 2017
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Residential Market Report, 3rd Quarter 2017
Residential Market Report, 3rd Quarter 2017 Downtown Brooklyn, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$881K
47
$1,166
$706K
10% YoY
-16% YoY
7% YoY
11% YoY
NEIGHBORHOOD BOUNDARIES
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RESIDENTIAL STATS Median Sale Price by Quarter $1.0M $900K $800K $700K $600K $500K $400K $300K $200K $100K $
$881K
Median Sale Price by Year $900K $800K $700K $600K $500K $400K $300K $200K $100K $
$825K
Number of Transactions Quarter Q1 Q2 Q3 Q4
2012 53 81 82 70
90 80 70 60 50 40 30 20 10 0
2013 60 68 79 54
48
45
Q1
2014 43 53 58 65
2016 51 50 56 50
2017 45 48 47
47
Q2
2015
2015 80 84 60 43
Q3
2016
Q4
2017
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Median Sale Price per Square Foot $1,400
$1,200
$1,166
$1,000 $800
$600 $400 $200
$
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $885,000 Coops $702,500 Houses -
Y-o-Y -2% 33% -
Median sale price/sqft $1,190 $869 -
Y-o-Y 0% 10% -
Transactions 31 14 0
Number of Sales by Building Type
31% Condos Coops Houses 69%
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LIST OF TRANSACTIONS Address 306 Gold St #33F 110 Livingston St #9E 388 Bridge St 388 Bridge St 167 Clinton St #4 365-101 Bridge St #12D 365 Bridge St #8O 365-101 Bridge St #3E 365-101 Bridge St #4O 77-95 Livingston St #11A 164 State St #3 189 Schermerhorn St #8E 388 Bridge St 306 Gold St #39G 77-95 Livingston St #19C 384-388 Bridge St #32F 189 Schermerhorn St #8G 150 Myrtle Ave #1105 306 Gold St #15E 150 Myrtle Ave #1704 365-101 Bridge St #4K 189 Schermerhorn St #14D 44 Duffield St #2B 176 Johnson St #3D 110 Livingston St #10M 191 Willoughby St #4A 110 Livingston St #4Q 110 Livingston St #4T 306 Gold St #33B 38 Livingston St #3 306 Gold St #27B 77-95 Livingston St #17K 150 Myrtle Ave #1507 122 Ashland Pl #5J 122 Ashland Pl #8J 77-95 Livingston St #18O 150 Myrtle Ave #306 150 Myrtle Ave #608 175 Willoughby St #15K 197 Bridge St #8C 77-95 Livingston St #5A 110 Livingston St #T8 191 Willoughby St #PS201 191 Willoughby St #PS196
BBL 3-00133-1251 3-00269-1150 3-00152-1074 3-00152-1066 3-00270-0022 3-02058-1171 3-02058-1118 3-02058-1023 3-02058-1050 3-00266-0012 3-00276-0027 3-00164-1187 3-00152-1040 3-00133-1294 3-00266-0012 3-00152-1010 3-00164-1189 3-02060-1089 3-00133-1119 3-02060-1125 3-02058-1046 3-00164-1236 3-00120-1104 3-02049-1014 3-00269-1178 3-02061-0060 3-00269-1052 3-00269-1055 3-00133-1247 3-00268-0030 3-00133-1205 3-00266-0012 3-02060-1114 3-02061-0040 3-02061-0040 3-00266-0012 3-02060-1010 3-02060-1052 3-02061-0080 3-00108-1029 3-00266-0012 3-00269-1308 3-02061-0060 3-02061-0060
Sale date 14-Jul-17 8-Aug-17 25-Jul-17 18-Sep-17 20-Jul-17 7-Jul-17 7-Jul-17 14-Sep-17 18-Jul-17 22-Aug-17 14-Aug-17 14-Aug-17 18-Sep-17 24-Jul-17 2-Aug-17 21-Jul-17 18-Sep-17 9-Aug-17 31-Aug-17 6-Jul-17 19-Sep-17 28-Aug-17 13-Sep-17 25-Sep-17 18-Aug-17 28-Aug-17 24-Aug-17 22-Aug-17 19-Sep-17 11-Aug-17 28-Sep-17 8-Aug-17 28-Jul-17 27-Sep-17 31-Jul-17 16-Aug-17 28-Sep-17 5-Jul-17 11-Jul-17 6-Jul-17 28-Aug-17 19-Jul-17 20-Sep-17 20-Sep-17
Sale price $1,600,000 $1,560,000 $1,525,000 $1,520,000 $1,520,000 $1,520,000 $1,250,000 $1,190,000 $1,125,000 $999,000 $995,000 $975,000 $965,000 $955,000 $945,000 $938,000 $900,000 $895,000 $885,000 $885,000 $883,500 $881,020 $880,000 $840,000 $830,000 $780,000 $765,000 $756,000 $750,000 $748,000 $745,000 $725,000 $721,000 $680,000 $601,000 $571,000 $544,000 $540,000 $530,000 $445,000 $445,000 $100,000 $37,136 $37,136
Property type Condo Condo Condo Condo Coop Condo Condo Condo Condo Coop Coop Condo Condo Condo Coop Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Coop Condo Condo Condo Coop Condo Coop Condo Coop Coop Coop Condo Condo Coop Condo Coop Condo Coop Coop
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Sqft 1,337 1,227 1,141 1,141 1,554 1,062 1,287 1,062 1,150 871 783 709 761 749 738 800 738 917 684 791 820 676 1,008 656 836 615 615 609 822 630 495 449 796 468 300
