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Q2 2019Market Report

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Q2 2019Market Report Q2 MARKET REPORT 2019 Brooklyn Retail PROPERTY PRICE SF PRICE/SF NOTES 74 Bogart Street $45,500,000 80,000 $569 iValue Add EXCLUSIVE LISTINGS 1013 Atlantic Avenue $8,000,000 5,292 $1,512 Redevelopment 1183-1189 Flatbush Avenue $6,350,000 6,890 $922 Value Add 1012 Bay Ridge Avenue $5,800,000 11,044 $525 iFinished Product 1090 Fulton Street $5,750,000 7,500 $767 Value Add 97 4th Avenue $5,500,500 5,320 $1,034 Redevelopment 303 Bond Street $3,250,000 3,600 $903 iValue Add 837 Manhattan Avenue $3,062,500 3,148 $973 Value Add 675 Manhattan Avenue $2,985,000 3,360 $888 Value Add 299 Cumberland Street $2,950,000 2,600 $1,134 Value Add 454 Myrtle Avenue $2,600,000 4,627 $562 iFinished Product 1128 Saint Johns Place $2,450,000 3,966 $618 Redevelopment 678 Franklin Avenue $2,400,000 2,886 $832 iValue Add 2143-2161 Flatbush Avenue 1618 Kings Highway $2,350,000 3,300 $712 iDelivered Vacant BSF: 16,617 653 Myrtle Avenue $2,200,000 3,150 $698 Value Add $5,000,000 64 Meserole Avenue $2,150,000 3,000 $717 Value Add 2795 Cropsey Avenue $1,650,000 1,831 $901 Redevelopment 2993 Fulton Street $1,225,000 4,761 $257 iFinished Product 1679 McDonald Avenue $1,200,000 2,310 $519 Value Add 249 Ralph Ave $950,000 3,300 $288 iValue Add 1230 Utica Avenue $890,000 2,800 $318 iFinished Product 4017 Church Ave $850,000 2,900 $293 iFinished Product Q2 METRICS Indicators 6001 Church Avenue SF: 9,828 97 $430 $627 $5,600,000 SALES MILLION, IN PER SQ FT SALES JUST CLOSED Total Number of Sales Total Sales Volume Average Price/SF 1618 Kings Highway PPSF: $712 Sale Price: $2,350,000 Scott Plasky William Stephan Niels Mariager (212)430-5229 (646)805-1439 Tel: (646) 805-1479 [email protected] [email protected] [email protected] This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or unit count are approximate. Recipient must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap.
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