Market Overview for Quarter 3, 2021
A total of 604 sales were closed, representing a Y-o-Y increase of 70%. The average price per square foot in Quarter 3, 2021 was $527, a change of 21% Y-o-Y.
Brooklyn commercial real estate price per square foot in Quarter 3, 2021 was $527, up by 21% Y-o-Y.
Brooklyn commercial real estate transactions in Quarter 3, 2021 was 604, up by 70% Y-o-Y.
Brooklyn commercial real estate sales volume in Quarter 3, 2021 was $1.6B, up by 85% Y-o-Y.
Brooklyn commercial real estate total square feet in Quarter 3, 2021 was 3.5M, up by 28% Y-o-Y.
Brooklyn Commercial Sales Volume by property type
Recent Significant Sales
|Property Address||Submarket||Sale Date||Price||Square Feet||Average Price/Sqft||Package Deal|
Top Boroughs in New York City
Brooklyn average price per sqft compared with other boroughs in New York City
|Submarket||Borough||Average sale price/sqft||Transactions||Sales volume||Total sqft|
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