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DOWNTOWN BROOKLYN A monthly analysis of residential sales in Downtown Brooklyn, Brooklyn April 2017

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

Residential Market Report, April 2017

Residential Market Report, April 2017 Downtown Brooklyn, Brooklyn

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

BROOKLYN MEDIAN SALE PRICE

$795K

17

$1,099

$724K

63% YoY

183% YoY

-2% YoY

21% 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 $

$795K

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

$730K

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 12

Apr 21 17 18 33 6 17

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

18

20

14

17

12

10 0 Jan

Feb

Mar

Apr

May

Jun 2015 2016

Jul 2017

Aug

Sep

Oct

Nov

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

Dec

Median Sale Price per Square Foot $1,600 $1,400 $1,200 $1,000 $800 $600 $400 $200 $

$1,099

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $847,000 Coops $495,000 Houses -

Y-o-Y 1% 15% -

Median sale price/sqft $1,141 $733 -

Y-o-Y 0% 5% -

Transactions 11 6 0

Number of Sales by Building Type

35% Condos Coops Houses 65%

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LIST OF TRANSACTIONS Address 365-101 Bridge St #6J 189 Schermerhorn St #19J 122 Ashland Pl #PS32 122 Ashland Pl #PS260 306 Gold St #14F 189 Schermerhorn St #3A 306 Gold St #10E 42 Duffield St #2A 176 Johnson St #8B 150 Myrtle Ave #807 189 Schermerhorn St #11J 175 Adams St #8F 175 Adams St #12E 175 Adams St #9K 306 Gold St #32

BBL 3-02058-1079 3-00164-1288 3-02061-0040 3-02061-0040 3-00133-1112 3-00164-1117 3-00133-1087 3-00120-1003 3-02049-1052 3-02060-1067 3-00164-1221 3-00086-0011 3-00086-0011 3-00086-0011 3-00133-1338

Sale date 24-Apr-17 24-Apr-17 13-Apr-17 11-Apr-17 7-Apr-17 7-Apr-17 6-Apr-17 13-Apr-17 17-Apr-17 21-Apr-17 3-Apr-17 7-Apr-17 25-Apr-17 12-Apr-17 6-Apr-17

Sale price $1,175,000 $1,115,000 $957,975 $957,579 $935,000 $920,000 $899,000 $795,000 $758,298 $578,000 $540,000 $495,000 $349,000 $344,500 $20,000

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

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Sqft 1,287 910

765 842 800 741 690 499 444 675 464 476 15