Market Overview for Quarter 3, 2021
Average price/sqft
-12% YoY
Sales volume
124% YoY
Transactions
17% YoY
Total sqft
153% YoY
In total, 41 retail deals closed, for a gain of 17% compared to the same period last year. The average price per square foot in Quarter 3, 2021 was $387, a change of -12% Y-o-Y.
Brooklyn retail real estate price per square foot in Quarter 3, 2021 was $387, down by 12% Y-o-Y.
Brooklyn retail real estate transactions in Quarter 3, 2021 was 41, up by 17% Y-o-Y.
Brooklyn retail real estate sales volume in Quarter 3, 2021 was $223.4M, up by 124% Y-o-Y.
Brooklyn retail real estate total square feet in Quarter 3, 2021 was 574K, up by 153% 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 retail 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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