Market Overview for Quarter 1, 2022
Average price/sqft
-26% YoY
Sales volume
4% YoY
Transactions
28% YoY
Total sqft
42% YoY
In total, 27 industrial deals closed, for a gain of 28% compared to the same period last year. The average price per square foot in Quarter 1, 2022 was $366, a change of -26% Y-o-Y.
Brooklyn industrial real estate price per square foot in Quarter 1, 2022 was $366, down by 26% Y-o-Y.
Brooklyn industrial real estate transactions in Quarter 1, 2022 was 27, up by 28% Y-o-Y.
Brooklyn industrial real estate sales volume in Quarter 1, 2022 was $224.7M, up by 4% Y-o-Y.
Brooklyn industrial real estate total square feet in Quarter 1, 2022 was 614K, up by 42% Y-o-Y.
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 industrial 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
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