Market Overview for Quarter 4, 2022
Average price/sqft
-10% YoY
Sales volume
-43% YoY
Transactions
-29% YoY
Total sqft
-38% YoY
There were a total of 494 transactions, representing a Y-o-Y decrease of 29%. The average price per square foot in Quarter 4, 2022 was $436, a change of -10% Y-o-Y.

Brooklyn commercial real estate price per square foot in Quarter 4, 2022 was $436, down by 10% Y-o-Y.

Brooklyn commercial real estate transactions in Quarter 4, 2022 was 494, down by 29% Y-o-Y.

Brooklyn commercial real estate sales volume in Quarter 4, 2022 was $2.2B, down by 43% Y-o-Y.

Brooklyn commercial real estate total square feet in Quarter 4, 2022 was 4.9M, down by 38% 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 |
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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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See also

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