Market Overview for Quarter 1, 2022
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
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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