Selling Brooklyn

TerraCRG's approach to investment sales is strategically designed for the Brooklyn market with each of our team members focused on a specific asset type and neighborhood.

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Each of our Investment Sales teams focus on specific asset types in Brooklyn. This specialized approach pairs clients with the most knowledgeable brokers, ensuring a successful process.

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Multifamily

The average price per SF of multifamily buildings in 2017 in Brooklyn was $371, up slightly from 2016’s average of $361. The average price per unit was approximately $303K, up 6% from approximately $285K in 2016.

Multifamily Data & Transactions >

Retail/Mixed-Use

The average price per SF of retail building transactions in 2017 in Brooklyn was $605, down 13% from 2016’s average of $694.

Retail/Mixed-Use Data & Transactions >

Industrial/Office

In 2017, there was a total of 80 industrial/ office transactions in Brooklyn, totaling approximately $1.2B. The average price per SF of industrial/ office buildings in 2017 in Brooklyn was $409, up 20% from 2016’s average of $341.

Industrial/Office Data & Transactions >

Development

After a two year transactional volume decline, the residential development market seems to be edging towards a volume recovery. While total dollar volume continued to decline slightly in 2017, there was still a robust $1 billion market of total development site sale transactions last year, compared with $2 billion in 2015, with both a slight increase in price per buildable SF, as well as an increase in total number of transactions.

Development Data & Transactions >

See Listings by Asset Type

  • Multifamily
  • Industrial/Office
  • Retail/Mixed-Use
  • Development

Brooklyn Neighborhood Guides

Our neighborhood guides tell you everything you need to know about Brooklyn, from comprehensive market data to the best places to eat, shop and play.

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