Sheepshead Bay Report

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Sheepshead Bay Report Sheepshead Bay APRIL 2016 in Sheepshead Bay, Brooklyn

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Sheepshead Bay Report A monthly analysis of residential sales in Sheepshead Bay, Brooklyn APRIL 2016

Borough

Neighborhood

Brooklyn

Year

Sheepshead Bay Month

2016

4

Residential Market Report, April 2016 Sheepshead Bay, Brooklyn

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ. FT.

30 $330K

BOROUGH MEDIAN SALE PRICE

$457 $585K

$330K

30

$457

$585K

22% Y-o-Y

-32% Y-o-Y

8% Y-o-Y

10% Y-o-Y

NEIGHBORHOOD BOUNDARIES

2 www.propertyshark.com

RESIDENTIAL STATS Median Sale Price by Month $500K $450K $400K $350K $300K $250K $200K $150K $100K $50K 0

$330K $271K

Median Sale Price by Quarter $400K $336K

$350K

$300K $250K

$217K

$200K $150K

$100K $50K 0

Number of Transactions Month Jan

2011 21

2012 26

2013 27

2014 28

2015 37

2016 39

Feb

24

19

18

30

27

47

Mar

35

26

29

27

39

46 30

Apr

22

22

28

33

44

May

26

29

27

39

28

Jun

40

27

20

37

48

Jul

33

25

33

41

42

Aug

33

28

34

43

38

Sep

19

23

29

36

29

Oct

20

25

36

38

36

Nov

28

16

28

28

25

Dec

25

38

28

34

45

60 50

47

46

39

40

30

30 20 10

0 Jan

Feb

Mar

Apr

May

Jun 2014

2015

Jul 2016

3 www.propertyshark.com

Aug

Sep

Oct

Nov

Dec

Median Price per Square Foot $500

$457

$424

$400 $300 $200 $100 $0

CO-OP VERSUS CONDO SALES Type of Residential Properties Sold

Property type

Median Price

Median price per sq. ft.

Y-o-Y change 8%

Price $467

Y-o-Y change -7%

No. of sales

Condos

Condos

Price $570,220

7

23.3%

Co-ops

Co-ops

$210,000

11%

$214

-26%

14

46.7%

Houses

Houses

$630,000

-2%

$459

13%

9

30.0%

Number of Sales by Building Type

Co-ops 46.7%

Houses 30.0%

Condos 23.3%

4 www.propertyshark.com

30

LIST OF TRANSACTIONS Address 1 2654 E 7 St 2 2631 Hubbard St

BBL 3-07243-0028 3-07243-0071

Sale date 14-Apr-16 13-Apr-16

Sale price $760,000 $729,000

Property type House House

Sqft 1,809 1,604

3 4591 Bedford Ave

3-07441-0136

14-Apr-16

$700,000

House

1,526

4 2370 E 21 St

3-07405-0007

01-Apr-16

$690,000

House

1,368

5 3041 Ocean Ave #6F

3-07465-1224

04-Apr-16

$651,100

Condo

n/a

6 3041 Ocean Ave #5F

3-07465-1218

04-Apr-16

$645,877

Condo

n/a

7 2711 Avenue Z

3-07443-0022

19-Apr-16

$630,000

House

1,813

8 2358 E 23 St

3-07405-0222

04-Apr-16

$610,000

House

1,280

9 2607 East 12 Street #C1

3-07456-1003

29-Apr-16

$605,000

Condo

1,384

10 2490 East 7 Street #3A

3-07203-1005

04-Apr-16

$570,220

Condo

n/a

11 2123 Ford St

3-07367-0066

05-Apr-16

$570,000

House

1,632

12 1711 Sheepshead Bay Road #4B

3-08772-1227

15-Apr-16

$560,000

Condo

1,123

13 2680 E 12 St

3-07455-0089

29-Apr-16

$530,000

House

800

14 1237 Avenue Z #4H

3-07433-0034

06-Apr-16

$370,000

Coop

n/a

15 2800 Coyle St #322

3-08804-0042

11-Apr-16

$340,000

Coop

n/a

16 1917 Avenue X #7

3-07404-1407

11-Apr-16

$320,000

Condo

645

17 1625 Emmons Ave #3W

3-08771-0135

11-Apr-16

$320,000

Coop

n/a

18 2852 Haring St

3-08796-0170

29-Apr-16

$315,000

House

620

19 3060 Ocean Ave #6G

3-07464-0035

05-Apr-16

$303,922

Coop

n/a

20 2717 E 28 St #4G

3-08791-0104

12-Apr-16

$245,000

Coop

n/a

21 1625 Emmons Ave #5J

3-08771-0135

12-Apr-16

$245,000

Coop

n/a

22 2717 E 28 St #1C

3-08791-0104

12-Apr-16

$215,000

Coop

n/a

23 1237 Avenue Z #5A

3-07433-0034

07-Apr-16

$205,000

Coop

n/a

24 3105 Avenue V #4C 25 1075 Sheepshead Bay Rd #4M

3-07370-0021

06-Apr-16

$190,000

Coop

n/a

3-07397-0001

15-Apr-16

$175,000

Coop

n/a

26 2212-2286 Brigham St #3B

3-07392-0001

27-Apr-16

$165,000

Coop

n/a

27 2212-2286 Brigham St #1G

3-07392-0001

21-Apr-16

$140,000

Coop

n/a

28 2430-2450 Haring St #2E

3-07422-0013

27-Apr-16

$125,000

Coop

n/a

29 2900 Ocean Avenue #1C

3-07440-1017

22-Apr-16

$75,000

Condo

496

30 2430-2450 Haring St #1E

3-07422-0013

06-Apr-16

$35,000

Coop

n/a

5 www.propertyshark.com