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DOWNTOWN BROOKLYN A monthly analysis of residential sales in Downtown Brooklyn, Brooklyn September 2018

P: 718-715-1758 www.PropertyShark.com [email protected]

Residential Market Report, September 2018

Residential Market Report, September 2018 Downtown Brooklyn, Brooklyn

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

BROOKLYN MEDIAN SALE PRICE

$799K

17

$1,122

$690K

-5% YoY

31% YoY

1% YoY

4% YoY

NEIGHBORHOOD BOUNDARIES

P: 718-715-1758 www.PropertyShark.com [email protected]

RESIDENTIAL STATS Median Sale Price by Month $1.8M $1.6M $1.4M $1.2M $1.0M $800K $600K $400K $200K $

$799K

Median Sale Price by Quarter $1.0M $900K $800K $700K $600K $500K $400K $300K $200K $100K $

$841K

Number of Transactions Year 2013 2014 2015 2016 2017 2018

Jan 30 17 34 17 18 19

Feb 15 14 19 14 14 23

Mar 15 12 27 20 13 21

Apr 17 18 33 6 15 18

May 24 19 19 10 15 31

50

Jun 27 16 32 35 18 41

Jul 20 24 23 14 16 15

Aug 33 19 32 24 16 15

Sep 26 15 5 24 13 17

15

15

17

Oct 19 13 19 19 9

Nov 19 13 8 12 10

Dec 16 39 16 21 15

41

40

31

30

19

20

23

21

18

10 0 Jan

Feb

Mar

Apr

May

Jun 2016 2017

Jul 2018

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 $

$1,122

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $885,729 Coops $632,039 Houses -

Y-o-Y 0% 1602% -

Median sale price/sqft $1,173 $919 -

Y-o-Y 1% 11% -

Transactions 12 4 0

Number of Sales by Building Type

25%

Condos Coops Houses

75%

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LIST OF TRANSACTIONS Address 150 Myrtle Ave #601 110 Livingston St #8G 75 Livingston St #6A 388 Bridge St 365-101 Bridge St #4M 306 Gold St #23E 319 Schermerhorn St #7A 189 Schermerhorn St #17D 110 Livingston St #8H 306 Gold St #6L 175 Willoughby St #10K 306 Gold St #4E 175 Willoughby St #11N 306 Gold St #8C 122 Ashland Pl #12F

BBL 3-02060-1045 3-00269-1132 3-00265-0001 3-00152-1090 3-02058-1048 3-00133-1180 3-00167-1026 3-00164-1265 3-00269-1133 3-00133-1048 3-02061-0080 3-00133-1019 3-02061-0080 3-00133-1063 3-02061-0040

Sale date 21-Sep-18 4-Sep-18 13-Sep-18 28-Sep-18 24-Sep-18 28-Sep-18 7-Sep-18 5-Sep-18 18-Sep-18 4-Sep-18 6-Sep-18 21-Sep-18 17-Sep-18 21-Sep-18 12-Sep-18

Sale price $1,970,000 $1,935,000 $1,661,100 $1,595,000 $1,500,000 $930,000 $885,729 $799,000 $775,000 $710,000 $684,077 $675,000 $580,000 $580,000 $405,000

Property type Condo Condo Coop Condo Condo Condo Condo Condo Condo Condo Coop Condo Coop Condo Coop

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Sqft 1,206 1,427 1,644 1,141 1,553 765 729 675 714 634 700 484