Brooklyn Industrial Market Trends

Stats: Quarterly Yearly

Market Overview for Quarter 1, 2022


Average price/sqft

$366

-26% YoY


Sales volume

$224.7M

4% YoY


Transactions

27

28% YoY


Total sqft

614K

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.

Average Industrial Sale Price Per Square Feet

Brooklyn industrial real estate price per square foot in Quarter 1, 2022 was $366, down by 26% Y-o-Y.

Industrial Transactions in Brooklyn

Brooklyn industrial real estate transactions in Quarter 1, 2022 was 27, up by 28% Y-o-Y.

Industrial sales volume in Brooklyn

Brooklyn industrial real estate sales volume in Quarter 1, 2022 was $224.7M, up by 4% Y-o-Y.

Total sqft of Industrial properties sold in Brooklyn

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

See also

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