Market Overview for Quarter 1, 2022
A total of 447 properties changed hands, up 40% compared to the same period last year. The average price per square foot in Quarter 1, 2022 was $420, a change of 5% Y-o-Y.
Brooklyn multifamily real estate price per square foot in Quarter 1, 2022 was $420, up by 5% Y-o-Y.
Brooklyn multifamily real estate transactions in Quarter 1, 2022 was 447, up by 40% Y-o-Y.
Brooklyn multifamily real estate sales volume in Quarter 1, 2022 was $1.2B, up by 103% Y-o-Y.
Brooklyn multifamily real estate total square feet in Quarter 1, 2022 was 2.8M, up by 92% 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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