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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The average price per SF of multifamily buildings this year in Brooklyn was $403 up from 2021’s average of $367. The average price per unit was approximately $368K, up from $320k in 2021. The Greater Downtown Brooklyn region achieved the highest average price per SF at $708.
The average price per SF of mixed-use buildings in 2022 in Brooklyn was $501, down from 2021’s average of $508. The average price sale in 2022 was approximately $4M, in line with the approximately $4M in 2021. The North Brooklyn region achieved the highest average price per SF at $723.
The average price per SF of retail buildings in 2022 in Brooklyn was $667, up from 2021’s average of $609. The average price was approximately $4.6M, up from approximately $3.7M in 2021. The North Brooklyn Region achieved the highest average price per SF at $2,312.
The average price per SF of industrial buildings in 2022 in Brooklyn was $538, up from 2021’s average of $300. The average price was approximately $13M, up from approximately $8.18M in 2021. The average price per SF of office buildings in 2022 in Brooklyn was $424. The average price was approximately $19M.
The average price per BSF of residential development sites in 2022 in Brooklyn was $188, slighty up from 2021’s average of $187. The average price was approximately $5.59M, up from approximately $5.5M in 2021. The North Brooklyn Region achieved the highest average price per SF at $303.