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Welcome to the Ratner Team Market Report for April 2017 In our Residential Market Review for Brooklyn, April 2017 data shows the average price per square foot as $622, and a median sale price of $724,000 across 653 total transactions. The top single family residential sale in Brooklyn in April 2017 was in the Brooklynn Heights neighborhood. It sold for $12,900,00. The price per square foot was $1750. The least expensive single family residential sale was in the Gowanus neighborhood, coming in at just $2,100,000.

The price per square foot was $1215. The top condo sale sold for $7,789,613. The least expensive condo residential sale was in the Boerum Hill neighborhood, coming in at just $3,767,525. The top coop sale in Brooklyn was in the Park Slope neighborhood. It sold for $3,845,000. The least expensive sale was in the Prospect Heights neighborhood, coming in at just $975,000. The 5 least expensive neighborhoods were Spring Creek with an average of just $261 per square foot, East Flatbush at $285 per square foot, Canarise at $318, New Lots at $¬¬¬¬¬346, and Flatbush at $317.

The 5 most expensive neighborhoods were DUMBO with an average of just $1301 per square foot, Gowanus at $1203 per square foot, Brooklyn Heights at $1196, Cobble Hill at $¬1170, and Williamsburg at $1163.

 

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Welcome to the Ratner Team Market Report for April 2017 In our Residential Market Review for Manhattan, April 2017 data shows the average price per square foot as $1331, and the median price of $1.2 million across 990 total transactions. The top single family residential sale in Manhattan in April 2017 was in the Carnegie Hill neighborhood. It sold for $21,000,000.

 

The price per square foot was $4140. The least expensive single family residential sale was in the Sugar Hill neighborhood, coming in at just $72,500. The price per square foot was $15. The top condo sale was in the TriBeCa neighborhood. It sold for $30,000,000. The price per square foot was $4896. The least expensive condo residential sale was also in the West Village neighborhood, coming in at just $12,795,000. The top Coop sale in Manhattan was in the Upper West Side neighborhood. It sold for $45,000,000.

 

The cheapest Coop sale was in the Carnegie Hill neighborhood, coming in at just $5,200,000. The 5 most expensive neighborhoods were TriBeCa with an average of just $2,667 per square foot, West Village at $2,112 per square foot, Flatiron District at $1960, NoMad at $1942, and SoHo at $1905. The 5 least expensive neighborhoods were Inwood with an average of just $448 per square foot, Washington Heights at $598 per square foot, Hudson Heights at $727, Morningside Heights at $758, and Lower East Side Manhattan at $923.

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Welcome to the Ratner Team Market Report for the 4th Quarter of 2016. In our Multifamily Market Review for Manhattan, the 4th Quarter data shows $2.4 billion in sales volume, $508 dollars as the average price per square foot, and the average price per unit at $416,000 across 170 total transactions. The top multifamily sale in Manhattan in the 4th quarter of 2016 was in the Kips Bay neighborhood.

It sold for $620,000,000. The least expensive multifamily sale was in the Little Italy neighborhood, coming in at just $15,200,000. The 5 least expensive neighborhoods were: Hudson Heights with an average of just $244 per square foot, Inwood at $250 per square foot, Harlem at $260, Washington Heights at $309 and Hamilton heights at $325.

The most expensive neighborhood in Manhattan by price per square foot was in SoHo at average of $1,574.

 

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Welcome to the Ratner Team Market Report for the 4th Quarter of 2016. In our Multifamily Market Review for Brooklyn the 4th Quarter data shows $1.1 billion in sales volume, $411 dollars as the average price per square foot, and the average price per unit at $356,000 across 437 total transactions. The top multifamily sale in Brooklyn in the 4th quarter of 2016 was in the Downtown Brooklyn neighborhood.

It sold for $154,250,000. The least expensive multi-family sale was in the Flatbush neighborhood, coming in at just $5,060,000. The 5 least expensive neighborhoods were: Canarsie with an average of just $191 per square foot, New Lots at $194 per square foot, East New York at $197, Remsen Village at $198 and City Line at $205.

The most expensive neighborhood in Brooklyn by price per square foot was Carroll Gardens at average of $921.

 

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Welcome to the Ratner Team Market Report for the Jan 2017. In our Residential Market Review for Brooklyn, the Jan 2017 data shows the average price per square foot as $568, and the average price per unit at $671,000 across 726 total transactions. The top single-family residential sale in Brooklyn in Jan of 2017 was in the Park Slope neighborhood. It sold for $6,129,000.

 

The price per square foot was $2,395. The least expensive single family residential sale was in the Fort Greene neighborhood, coming in at just $2,175,000. The price per square foot was $948. The top condo sale sold for $4,483,507. The least expensive condo residential sale was in the DUMBO neighborhood, coming in at just $3,172,000. The top coop sale in Brooklyn was in the Brooklyn Heights neighborhood. It sold for $3,000,000. The least expensive sale was in the Cobble Hill neighborhood, coming in at just $1,350,000.

The 5 least expensive neighborhoods were East Flatbush with an average of just $280 per square foot, Flatlands at $299 per square foot, Brownsville at $310, East New York at $325, and New Lots at $339. The most expensive neighborhood in Brooklyn by price per square foot was Brooklyn Heights at an average of $1,430.

 

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If you like this information, the best way you can support us is with a 5-star rating. Share it with someone you know, and subscribe. We’ll put out new content and a whole new report every quarter.

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Interested in getting a free market analysis of your Manhattan property, renting your vacant apartment, or simply acquiring an investment property?

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Don't forget to check our Brooklyn Made Blog and The Brooklyn Made Show.

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Welcome to the Ratner Team Market Report for the 3nd Quarter of 2016.

In our Residential Market Review for Man...

Welcome to the Ratner Team Market Report for the 3nd Quarter of 2016.

In our Residential Market Review for Bro...

Welcome to the Ratner Team Market Report for the 3rd Quarter of 2016.

In our Multifamily Market Review for Manhattan, the 3rd Quarter data shows $1.6 billion in sales volume, $579 dollars as the average price per square foot, and the average price per unit at $421,000 across 155 total transactions.

The top multifamily sale in Manhattan in the 3rd quarter of 2016 was in the Financial District neighborhood. It sold for $239,114,604. The least expensive multifamily sale was in the Lenox Hill neighborhood, coming in at just $11,200,000.

The 5 least expensive neighborhoods were: Inwood with an average of just $248 per square foot, Hudson Heights at $288 per square foot, Harlem at $294, Washington Heights at $312 and East Harlem at $413.

The most expensive neighborhood in Manhattan by price per square foot was Greenwich Village at average of $1,411

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Welcome to the Ratner Team Market Report for the 3rd Quarter of 2016.

In our Multifamily Market Review for Brooklyn the 3rd Quarter data shows $1.3 billion in sales volume, $363 dollars as the average price per square foot, and the average price per unit at $326,000 across 541 total transactions.

The top multifamily sale in Brooklyn in the 3rd quarter of 2016 was in the Williamsburg neighborhood. It sold for $45,352,000. The least expensive multifamily sale was in the Borough Park neighborhood, coming in at just $7,900,000.

The 5 least expensive neighborhoods were: Coney Island with an average of just $123 per square foot, New Lots at $165 per square foot, Cityline at $187, Brownsville at $194 and East New York at $206.

The most expensive neighborhood in Brooklyn by price per square foot was Boerum Hill at average of $878.

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Brooklyn Multi-Family Market Report Q2 2016