Sheepshead Bay Report


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Sheepshead Bay Report Sheepshead Bay FEBRUARY 2016 in Sheepshead Bay, Brooklyn

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

Borough

Neighborhood

Brooklyn

Year

Sheepshead Bay Month

2016

2

Residential Market Report, February 2016 Sheepshead Bay, Brooklyn

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ. FT.

41 $420K

$423

$420K

41

$423

97% Y-o-Y

52% Y-o-Y

26% Y-o-Y

NEIGHBORHOOD BOUNDARIES

2 www.propertyshark.com

BOROUGH MEDIAN SALE PRICE

$600K

$600K

17% Y-o-Y

RESIDENTIAL STATS Median Sale Price by Month $450K

$420K

$400K $350K $300K $250K

$213K

$200K $150K $100K $50K 0

Median Sale Price by Quarter $350K $300K

$268K

$233K

$250K $200K $150K $100K $50K 0

Number of Transactions Month Jan

2011 21

2012 26

2013 27

2014 28

2015 37

2016 38 41

Feb

24

19

18

30

27

Mar

35

26

29

27

39 44

Apr

22

22

28

33

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 41

38

40 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

$423

$400

$335

$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 85%

Price $467

Y-o-Y change 13%

No. of sales

Condos

Condos

Price $646,064

20

48.8%

Co-ops

Co-ops

$198,000

13%

$264

43%

18

43.9%

Houses

Houses

$533,000

-7%

$317

-5%

3

7.3%

Number of Sales by Building Type

Co-ops 43.9%

Houses 7.3%

Condos 48.8%

4 www.propertyshark.com

41

LIST OF TRANSACTIONS Address 1 2114 E 12 St 2 3041 Ocean Ave #PH1

BBL 3-07343-0012 3-07465-1237

Sale date 26-Feb-16 16-Feb-16

Sale price $1,450,000 $879,840

Property type House Condo

Sqft 4,580 n/a 1,678

3 2650 East 26 Street #3A

3-07470-1203

08-Feb-16

$870,000

Condo

4 3041 Ocean Ave #PH4

3-07465-1240

23-Feb-16

$838,881

Condo

n/a

5 3165 Emmons Avenue #1L

3-08805-1069

11-Feb-16

$766,000

Condo

1,201

6 3041 Ocean Ave #7C

3-07465-1227

16-Feb-16

$746,198

Condo

n/a

7 3041 Ocean Ave #5C

3-07465-1215

25-Feb-16

$715,524

Condo

n/a

8 3041 Ocean Ave #4C

3-07465-1209

01-Feb-16

$707,642

Condo

n/a

9 2752 East 27 Street #1B

3-08786-1202

29-Feb-16

$685,282

Condo

n/a

10 3041 Ocean Ave #8D

3-07465-1234

26-Feb-16

$681,741

Condo

n/a

11 3041 Ocean Ave #4D

3-07465-1210

11-Feb-16

$646,120

Condo

n/a

12 3041 Ocean Ave #7F

3-07465-1230

11-Feb-16

$646,009

Condo

n/a

13 3041 Ocean Ave #5E

3-07465-1217

03-Feb-16

$637,730

Condo

n/a

14 2409 Avenue Z #101

3-07441-1003

11-Feb-16

$620,000

Condo

2,030

15 3041 Ocean Ave #4B

3-07465-1208

10-Feb-16

$606,490

Condo

n/a

16 2833 Ford Street #3B

3-08804-1507

29-Feb-16

$580,000

Condo

1,262

17 2276 E 21 St

3-07381-0031

23-Feb-16

$533,000

House

1,759

18 2130 Batchelder St

3-07365-0018

24-Feb-16

$530,000

House

928

19 3041 Ocean Ave #8B

3-07465-1232

09-Feb-16

$474,209

Condo

n/a

20 2827 Brown Street #1A

3-08800-1001

05-Feb-16

$440,000

Condo

844

21 2277 Homecrest Ave #5R

3-07373-0029

09-Feb-16

$420,000

Coop

n/a

22 3695 Shore Parkway #R1

3-08794-1001

11-Feb-16

$400,000

Condo

1,034

23 1910 Avenue V #2000

3-07380-1002

12-Feb-16

$390,000

Condo

1,280

24 3060 Ocean Ave #6J 25 2620 E 13 St #6A

3-07464-0035

11-Feb-16

$346,010

Coop

n/a

3-07457-0001

02-Feb-16

$327,000

Coop

n/a

26 1917 Avenue X #8

3-07404-1408

29-Feb-16

$325,000

Condo

685

27 2616-2626 Homecrest Ave #7J

3-07456-0006

16-Feb-16

$290,000

Coop

n/a

28 3901-3903 Nostrand Ave #6H

3-07475-0001

04-Feb-16

$289,000

Coop

n/a

29 2616-2626 Homecrest Ave #1T

3-07456-0006

26-Feb-16

$280,000

Coop

n/a

30 2665 Homecrest Ave #6J

3-07457-0055

02-Feb-16

$250,045

Coop

n/a

31 3221-3235 Emmons Ave #225

3-08808-0059

24-Feb-16

$225,000

Coop

n/a

32 3025 Ocean Ave #4J

3-07465-0052

16-Feb-16

$211,000

Coop

n/a

33 2020 Avenue V #3C

3-07381-0006

01-Feb-16

$185,000

Coop

n/a

34 3080-3090 Voorhies Ave #2K 35 2531-2553 E 7 St #4O 36 3845-3855 Shore Pkwy #6C

3-08806-0150

09-Feb-16

$179,000

Coop

n/a

3-07224-0050

02-Feb-16

$167,000

Coop

n/a

3-08806-0140

18-Feb-16

$155,000

Coop

n/a

37 2212-2286 Brigham St #5D

3-07392-0001

25-Feb-16

$140,000

Coop

n/a

38 2190 Brigham St #2D

3-07369-0027

12-Feb-16

$139,000

Coop

n/a

39 2940 Ocean Ave #A8

3-07440-0020

25-Feb-16

$136,000

Coop

n/a

40 3080-3090 Voorhies Ave #4H

3-08806-0150

11-Feb-16

$135,000

Coop

n/a

41 3845-3855 Shore Pkwy #LA

3-08806-0140

09-Feb-16

$90,000

Coop

n/a

5 www.propertyshark.com