Brooklyn Market Report 2013

Our team verified a total of 1,956 commercial sales with a total consideration of $5 Billion, an approx. 16% increase in dollar volume from 2012 and approx. 22% increase in total number of sales.

Comprehensive Study of Commercial Property Sales in Brooklyn in 2013, conducted by TerraCRG

Brooklyn 2013 Market Report

Individual Sections by Asset Class:

Summary – Brooklyn Sales Report 2013
Brooklyn 2013 Market Report – Summary

Multifamily – Brooklyn Sales Report 2013
Brooklyn 2013 Market Report – Multifamily

Mixed Use – Brooklyn Sales Report 2013
Brooklyn 2013 Market Report – Mixed Use

Retail – Brooklyn Sales Report 2013
Brooklyn 2013 Market Report – Retail

Development – Brooklyn Sales Report 2013
Brooklyn 2013 Market Report – Development

Industrial-Office – Brooklyn Sales Report 2013
Brooklyn 2013 Market Report – Industrial-Office

The largest year over year increase in dollar volume in Brooklyn was in the Industrial/Office asset class more than doubled from $323.9M in 2012 to $761.8M in 2013.

The sales of multifamily buildings represented the highest dollar volume category, totaling over $1.6B in trades with a total of 663 transactions.

The Downtown Brooklyn/Park Slope region had the highest dollar volume with sales totaling over $1.5B, up 71% from 2012.

Dollar volume of residentially zoned development site sales in 2013 maintained similar levels to those of 2012, yet still showed a 12 fold increase from 2010.

The Bed Stuy/Bushwick/Crown Heights region had the highest number of transactions, for the fourth year in a row, with 655 trades, up 24% from 2012.

Other transactions which include conversion properties, residentially zoned industrial buildings, hotels and special use properties had a total of $742M in dollar volume and 210 Other commercial properties sold this year.

* In target categories, see Methodology

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