Brooklyn Retail Market Trends

Stats: Quarterly Yearly

Market Overview for Quarter 1, 2022


Average price/sqft

$727

35% YoY


Sales volume

$293M

220% YoY


Transactions

62

67% YoY


Total sqft

402K

137% YoY

A total of 62 sales were closed, representing a Y-o-Y increase of 67%. The average price per square foot in Quarter 1, 2022 was $727, a change of 35% Y-o-Y.

Average Retail Sale Price Per Square Feet

Brooklyn retail real estate price per square foot in Quarter 1, 2022 was $727, up by 35% Y-o-Y.

Retail Transactions in Brooklyn

Brooklyn retail real estate transactions in Quarter 1, 2022 was 62, up by 67% Y-o-Y.

Retail sales volume in Brooklyn

Brooklyn retail real estate sales volume in Quarter 1, 2022 was $293M, up by 220% Y-o-Y.

Total sqft of Retail properties sold in Brooklyn

Brooklyn retail real estate total square feet in Quarter 1, 2022 was 402K, up by 137% 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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