Market Overview for Quarter 3, 2021
Average price/sqft
21% YoY
Sales volume
85% YoY
Transactions
70% YoY
Total sqft
28% YoY
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
View the most recent commercial market trends and historic prices per square feet, transactions and sales volume in Manhattan , Queens , Bronx , Staten Island
Brooklyn average price per sqft compared with other boroughs in New York City
| Submarket | Borough | Average sale price/sqft | Transactions | Sales volume | Total sqft |
|---|
See also
Fair use and redistribution
We encourage and freely grant you permission to reuse and repost the information, charts and images found in this report. When doing so, we only ask that you link back to this page, or PropertyShark.com.
Disclaimer
PropertyShark.com provides commercial market trend information (Data) on an "as is" basis for the user's personal use. Data comes from publicly available sources which can be out of date. PropertyShark.com provides no warranties regarding title, merchantability, or fitness for a particular purpose. While reasonable efforts are made toward maintaining a high standard of quality of information, PropertyShark.com does not warrant the accuracy, completeness, timeliness or other characteristics of the Data.