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 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.

Multifamily Data & Transactions >
Mixed-Use

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.

Mixed-Use Data & Transactions >
Retail

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.

Retail Data & Transactions >
Industrial/Office

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.

Industrial/Office Data & Transactions >
Development

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.

Development Data & Transactions >

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  • Multifamily
  • Mixed-Use
  • Retail
  • Industrial/Office
  • Development
  • Loan/Note Sale

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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