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DOWNTOWN BROOKLYN A monthly analysis of residential sales in Downtown Brooklyn, Brooklyn January 2017
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Residential Market Report, January 2017
Residential Market Report, January 2017 Downtown Brooklyn, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$815K
19
$1,104
$672K
-1% YoY
12% YoY
3% 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 $
$815K
Median Sale Price by Quarter $1.0M $900K $800K $700K $600K $500K $400K $300K $200K $100K $
$749K
Number of Transactions Year 2012 2013 2014 2015 2016 2017
Jan 7 30 17 33 17 19
Feb 21 15 14 19 14
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 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 $
$1,104
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $1,250,000 Coops $645,000 Houses -
Y-o-Y 22% 37% -
Median sale price/sqft $1,180 $786 -
Y-o-Y 3% 22% -
Transactions 12 7 0
Number of Sales by Building Type
37% Condos Coops Houses 63%
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LIST OF TRANSACTIONS Address 110 Livingston St #PHE 110 Livingston St #9G 306 Gold St #23A 110 Livingston St #14N 110 Livingston St #PHL 189 Schermerhorn St #11C 58-60 Court St #7C 110 Livingston St #6R 191 Willoughby St #PS255 189 Schermerhorn St #24D 175 Adams St #15H 175 Adams St #11J 191 Willoughby St #12J 175 Adams St #2B 110 Livingston St #9P 110 Livingston St #T16 77-95 Livingston St #7G
BBL 3-00269-1292 3-00269-1152 3-00133-1176 3-00269-1239 3-00269-1299 3-00164-1215 3-00265-1035 3-00269-1098 3-02061-0060 3-00164-1328 3-00086-0011 3-00086-0011 3-02061-0060 3-00086-0011 3-00269-1161 3-00269-1316 3-00266-0012
Sale date 5-Jan-17 11-Jan-17 12-Jan-17 25-Jan-17 25-Jan-17 25-Jan-17 25-Jan-17 27-Jan-17 12-Jan-17 30-Jan-17 12-Jan-17 19-Jan-17 20-Jan-17 6-Jan-17 24-Jan-17 27-Jan-17 24-Jan-17
Sale price $2,200,000 $1,895,000 $1,475,000 $1,425,000 $1,285,000 $1,250,000 $961,000 $940,850 $815,000 $770,000 $730,000 $730,000 $560,000 $330,000 $330,000 $120,000 $112,356
Property type Condo Condo Condo Condo Condo Condo Condo Condo Coop Condo Coop Coop Coop Coop Condo Condo Coop
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Sqft 1,490 1,427 1,208 1,146 988 1,313 835 797 729 893
420 848 286 650