Market Notebook · Downtown Brooklyn
What Came to Market in Downtown Brooklyn This Week
10 new sale listings reached the Downtown Brooklyn market this week. Homes here typically take about 46 days to reach a signed contract, so this week's arrivals are genuinely fresh.
None of these are my listings. I track new inventory across Downtown Brooklyn every week because the first read on a building, how a unit prices against its own past sales, is the part a search portal will not assemble for you.
Priced at the Median
1 listing came in within a few percent of the neighborhood median.
365 BRIDGE Street #14D, a 2-bedroom condo in a doorman building, steps from the A, C, F and R trains, asks $1,675,000. That is effectively the neighborhood's $1,727,500 2-bedroom condo median. The last 2-bedroom to close in the building, #7A, sold for $1,495,000.
Below the Benchmark
6 arrivals priced below the neighborhood median.
195 ADAMS Street #11F, a 1-bedroom co-op, a short walk from the A and C trains, asks $595,000. It is among the more affordable 1-bedroom co-ops to list this week. The last 1-bedroom to close in the building, #12E, sold for $540,000.
85 LIVINGSTON Street #12K, a 1-bedroom, steps from the 2, 3, 4 and 5 trains, is listed at $599,000. The ask comes in at the lower end of the 1-bedroom co-op range. In the same building, #16O last traded at $520,000.
#8I, the most recent 3-bedroom to close here, went for $1,035,000. 365 BRIDGE Street #2P, a 3-bedroom in a doorman building, steps from the A, C, F and R trains, comes to market at $1,575,000. It is priced well under the neighborhood norm for 3-bedroom condos.
215 Adams Street #2D, a studio with a fitness room, a short walk from the A and C trains, asks $360,000. It is among the more affordable studio co-ops to list this week. The last studio to close in the building, #12 D, sold for $345,750.
195 ADAMS Street #4F, a 675 sq ft 1-bedroom, a short walk from the A and C trains, is listed at $525,000. The ask comes in at the lower end of the 1-bedroom co-op range. In the same building, #12E last traded at $540,000.
#8I, the most recent 3-bedroom to close here, went for $1,035,000. 365 BRIDGE Street #22C, a 3-bedroom in a doorman building, steps from the A, C, F and R trains, comes to market at $2,250,000. The number sits below the area median of $2,545,000 for 3-bedroom condos.
Where Size and Light Set the Price
3 listings priced above the median, where square footage, floor, or exposure account for the number.
1 CITY Point #59E, a 3-bedroom condo, a short walk from the A, C, F and R trains, asks $3,100,000. At 1,499 square feet, it is one of the larger 3-bedroom layouts on the market this week. The last 3-bedroom to close in the building, #57E, sold for $2,900,000.
85 FLEET Street #70E, a 1-bedroom in a doorman building, a short walk from the A, C, F and R trains, is listed at $1,575,000. The 880-square-foot floor plan runs generous for a 1-bedroom condo. In the same building, #72B last traded at $1,365,000.
#72B, the most recent 1-bedroom to close here, went for $1,365,000. 85 FLEET Street #58E, a 1-bedroom condo in a doorman building, a short walk from the A, C, F and R trains, comes to market at $1,390,000. Space is the draw here, at 810 square feet.
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Milton Coste, Licensed Real Estate Associate Broker at Keller Williams NYC, has worked across all five boroughs for 25+ years.
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