The Elliman Report: Q2-2019 Brooklyn Sales Prepared by Miller
Q2 2019 BROOKLYN SALES REPORT Quarterly Survey of Residential Sales
CO-OPS, CONDOS & 1-3 FAMILY Although median sales price reached a new record, DASHBOARD sales slipped annually for the sixth straight quarter. year-over-year Brooklyn Market Matrix Q2–2019 %∆ (qtr) Q1–2019 %∆ (yr) Q2–2018 Average Sales Price $1,030,200 6.8% $964,324 4.7% $984,047 PRICES Median Sales Price $815,000 6.5% $765,000 4.5% $780,000 Median Sales Price 4.5% Number of Sales 2,561 15.6% 2,216 -4.5% 2,683 Days on Market (From Last List Date) 102 8.5% 94 -4.7% 107 PACE Listing Discount (From Last List Price) 4.4% 5.6% 2.6% Months of Supply 1.0 mos. Listing Inventory 3,405 6.3% 3,203 27.3% 2,675 Months of Supply 4.0 -7.0% 4.3 33.3% 3.0
Year-to-Date Q2–2019 %∆ (qtr) Q1–2019 %∆ (yr) Q2–2018 SALES Average Sales Price (YTD) $999,641 N/A N/A 1.7% $983,122 Closed Sales 4.5% Median Sales Price (YTD) $799,000 N/A N/A 1.8% $785,000 Number of Sales (YTD) 4,777 N/A N/A -6.2% 5,094
INVENTORY BROOKLYN Total Inventory 27.3% MEDIAN SALES PRICE NUMBER OF SALES $1,000,000 5,000
MARKETING TIME $800,000 4,000 Days on Market 5 days $600,000 3,000 NEGOTIABILITY Listing Discount 1.8% $400,000 2,000
• Median sales price set a new record $200,000 1,000 this quarter for the seventh time in three years $0 0 • The number of sales declined year 09 10 11 12 13 14 15 16 17 18 19 over year for the sixth straight quarter • Listing inventory expanded annually The median sales price unexpectedly set a new from 27.8% in the same period the previous year. for the fourth consecutive quarter record as sales activity rose at the high end of The number of sales by price strata showed a the market. This metric reached a new high of 9.6% gain from $1 million to $2 million and an $815,000MEDIAN inSALES the secondPRICE quarter exceedingBROOKL the YN18.5% CONDO increase from $7 millionNUMBER to $10OF SALES million. The Douglas Elliman Report series is $800,000$1,000,000 threshold only the second time. This All other price strata showed year over1,000 year new level was 4.5% higher than the same period declines. There were 2,561 sales borough-wide, recognized as the industry standard for $800,000 800 providing the state of the residential real estate a year ago and the seventh record achieved in down 4.5% from the prior year quarter, the sixth market. The report includes an extensive suite three$600,000 years. Average sales price rose 4.7% to straight quarter of year over year declining600 sales. of tools to help readers objectively identify $1,030,200,$400,000 the second highest level in history, The market share of condos expanded 1.7%400 to and measure market trends, provide historical and the second time the $1,000,000 threshold 32.4%, and their sales rose 1% from the same $200,000 200 context to current information and provide was reached. The market share of sales that period last year, the only property type of the comprehensive analysis of the results. sold above$0 the last asking price, a proxy for three tracked in the report to see gains. 0Co-op bidding wars, was09 15.7%,10 down11 by almost12 half13 sales14 declined15 164.6%, and17 their18 market19 share
PREPARED BY MILLER SAMUEL REAL ESTATE APPRAISAL AND CONSULTING SERVICES Covering the New York City metropolitan area MEDIAN SALES PRICE BROOKLYN CO-OP NUMBER OF SALES $500,000 1,000 $400,000 800 $300,000 600 $200,000 400 $100,000 200 $0 0 09 10 11 12 13 14 15 16 17 18 19
MEDIAN SALES PRICE BROOKLYN 1-3 FAMILY NUMBER OF SALES $950,000 2,500 $850,000 2,000 $750,000 1,500 $650,000 1,000 $550,000 500 $450,000 09 10 11 12 13 14 15 16 17 18 19 0
MEDIAN SALES PRICE BROOKLYN LUXURY NUMBER OF SALES $3,000,000 500
$2,400,000 400 $1,800,000 300 $1,200,000 200 $600,000 100 $0 0 09 10 11 12 13 14 15 16 17 18 19
AVERAGE PRICE PER SQ FT NEW DEVELOPMENT % OF ALL BROOKLYN SALES $1,500 25% $1,200 20% $900 15% $600 10% $300 5% $0 0% 09 10 11 12 13 14 15 16 17 18 19 Q2-2019 The Elliman Report • Quarterly Survey of Brooklyn Residential Sales was unchanged at 19.3% over the same period. 28.6% faster than the 5.6-month average pace market price trends, representing the top 10% The sales of 1-3 family properties fell 7.9%, and of the past decade. The average days on market, of all sales, underperformed the overall market. their market share declined 1.8% to 48.3%, the number of days from the last price change Luxury median sales price declined 2.7% to the lowest share in two years. Consistent with to the contract date, was 102 days, five days $2,400,000, and luxury average sales price the cooling sales trend, listing inventory has faster than the same period the previous year. slipped 1.5% to $2,782,267 from the same expanded annually for the fifth straight quarter, Listing discount, the percentage change from the period a year ago. The luxury threshold remained rising 27.3% to 3,405. Despite the decrease in last list price to the contract price, was 4.4% up unchanged at $1,840,000, indicating that the sales, and the rise of inventory, the pace of the fromMEDIAN 2.6% SALES in the PRICE prior-year quarter, indicatingBROOKL luxuryYN market results were NUMBERnot skewed OF SALES overall market remained unusually fast. The months of that sellers were becoming more negotiable as by a shift in the mix. Still, the pace of the luxury supply, the number of months to sell all listing sales$1,000,000 slow. Despite the record overall median market was faster than the overall market5,000 with inventory at the current rate of sales, was 4, sales price and rise in high-end sales, luxury 3.2 months of supply.
$800,000 4,000
CONDOS $600,000 3,000 Condo Market Matrix Q2–2019 %∆ (qtr) Q1–2019 %∆ (yr) Q2–2018 Average Sales Price $1,145,115 14.4% $1,000,769 4.1% $1,100,282 • The number of sales increased Average$400,000 Price Per Sq Ft $955 0.6% $949 -7.4% $1,0312,000 year over year for the first time in MedianMEDIAN Sales SALES Price PRICE $923,500BROOKL14.0%YN $810,000 NUMBER7.4% OF$860,000 SALES seven quarters Number$1,000,000$200,000 of Sales 831 49.2% 557 1.0% 5,0001,000823 • Median sales price rose annually Days on Market (From Last List Date) 105 2.9% 102 -8.7% 115 after six consecutive quarters of Listing$800,000 Discount$0 (From Last List Price) 4.1% 4.3% 4,00001.9% declines 09 10 11 12 13 14 15 16 17 18 19 Listing Inventory 993 21.0% 821 28.5% 773
• The average resale price of a Months$600,000 of Supply 3.6 -18.2% 4.4 28.6% 3,0002.8 condo reached a record high
MEDIAN$400,000 SALES PRICE BROOKLYN CONDO NUMBER OF SALES2,000 $1,000,000 1,000 Quintiles Med. Sales Price %∆ (yr) $800,000$200,000 1,000800 5/5 $2,077,23 0 -1.1% $600,000 600 4/5 $1,272,812 9.7% $400,000$0 0400 3/5 $923,500 7.4% 09 10 11 12 13 14 15 16 17 18 19 $200,000 200 2/5 $704,500 5.6% $0 0 1/5 $495,000 26.5% 09 10 11 12 13 14 15 16 17 18 19 MEDIAN SALES PRICE BROOKLYN CONDO NUMBER OF SALES
Co-op$1,000,000 Market Matrix Q2–2019 %∆ (qtr) Q1–2019 %∆ (yr) Q2–20181,000 CO-OPS BROOKLYN CO-OP AverageMEDIAN$800,000 Sales SALES Price PRICE $596,070 0.0% $595,819 NUMBER5.7% OF$563,709 SALES800 Median$500,000$600,000 Sales Price $462,500 3.9% $445,000 8.1% $428,0001,000600 • Average and median sales price $400,000 800 increased year over year for the Number$400,000 of Sales 493 -2.4% 505 -4.6% 400517 second consecutive quarter Days$300,000$200,000 on Market (From Last List Date) 97 19.8% 81 -4.9% 600200102 400 • The number of sales declined for Listing$200,000 Discount$0 (From Last List Price) 2.7% 7.7% -0.3%0 09 10 11 12 13 14 15 16 17 18 19 the second time in three quarters Listing$100,000 Inventory 446 14.1% 391 12.1% 200398 Months of$0 Supply 2.7 17.4% 2.3 17.4% 0 2.3 • Listing inventory has expanded for 09 10 11 12 13 14 15 16 17 18 19 four straight quarters MEDIAN SALES PRICE BROOKLYN CO-OP NUMBER OF SALES $500,000 1,000 Quintiles Med. Sales Price %∆ (yr) MEDIAN$400,000 SALES PRICE BROOKLYN 1-3 FAMILY NUMBER OF SALES800 5/5 $1,150,800 5.7% 600 $950,000$300,000 2,500 4/5 $675,000 9.8% $850,000$200,000 2,000400 3/5 $462,500 8.1% $750,000$100,000 1,500200 2/5 $325,000 6.6% $650,000$0 1,0000 1/5 $217,20 0 3.4% $550,000 09 10 11 12 13 14 15 16 17 18 19 500 $450,000 09 10 11 12 13 14 15 16 17 18 19 0
Visit our website to browse listings and learn more about market trends MEDIAN SALES PRICE BROOKLYN 1-3 FAMILY NUMBER OF SALES $950,000 2,500 MEDIAN$850,000 SALES PRICE BROOKLYN LUXURY NUMBER OF SALES2,000 $750,000 1,500 $3,000,000 500 $650,000 1,000 $2,400,000 $550,000 500400 $450,000$1,800,000 300 09 10 11 12 13 14 15 16 17 18 19 0 $1,200,000 200 $600,000 100 $0 0 09 10 11 12 13 14 15 16 17 18 19 MEDIAN SALES PRICE BROOKLYN LUXURY NUMBER OF SALES $3,000,000 500
$2,400,000 400 NEW DEVELOPMENT A$1,800,000VERAGE PRICE PER SQ FT % OF ALL BROOKLYN SALES300 $1,500 25% $1,200,000 200 $1,200 20% $600,000 100 $900 15% $0 0 $600 09 10 11 12 13 14 15 16 17 18 19 10% $300 5% $0 0% 09 10 11 12 13 14 15 16 17 18 19 AVERAGE PRICE PER SQ FT NEW DEVELOPMENT % OF ALL BROOKLYN SALES $1,500 25% $1,200 20% $900 15% $600 10% $300 5% $0 0% 09 10 11 12 13 14 15 16 17 18 19 MEDIAN SALES PRICE BROOKLYN NUMBER OF SALES $1,000,000 5,000
$800,000 4,000
$600,000 3,000
$400,000 2,000
$200,000 1,000
$0 0 09 10 11 12 13 14 15 16 17 18 19
MEDIAN SALES PRICE BROOKLYN CONDO NUMBER OF SALES $1,000,000 1,000 $800,000 800 $600,000 600 $400,000 400 $200,000 200 $0 0 09 10 11 12 13 14 15 16 17 18 19
The Elliman Report • Quarterly Survey of Brooklyn Residential Sales MEDIAN SALES PRICE BROOKLYN CO-OP NUMBERQ2 -2019OF SALES $500,000 1,000 1-3 Family Market Matrix Q2–2019 %∆ (qtr) Q1–2019 %∆ (yr) Q2–2018 $400,000 800 1-3 FAMILY Average Sales Price $1,126,022 1.6% $1,107,993 4.8% $1,074,630 $300,000 600 Average Price Per Sq Ft $630 11.1% $567 10.3% $571 • All three price trend indicators rose $200,000 400 as sales slipped Median Sales Price $900,000 4.4% $861,750 5.1% $856,000 200 Number$100,000 of Sales 1,237 7.2% 1,154 -7.9% 1,343 • Listing inventory continued to rise Days on $0Market (From Last List Date) 104 4.0% 100 11.8% 0 93 as marketing time increased 09 10 11 12 13 14 15 16 17 18 19 Listing Discount (From Last List Price) 5.4% 5.9% 6.1% • While months of supply expanded, Listing Inventory 1,966 -1.3% 1,991 30.7% 1,504 the pace of the market remained brisk Months of Supply 4.8 -7.7% 5.2 41.2% 3.4 BROOKLYN 1-3 FAMILY Quintiles Med. Sales Price %∆ (yr) MEDIAN SALES PRICE NUMBER OF SALES 5/5 $2,000,000 0.0% $950,000 2,500 4/5 $1,250,000 6.7% $850,000 2,000 3/5 $900,000 5.1% $750,000 1,500 2/5 $675,000 5.5% $650,000 1,000 1/5 $445,000 9.8% $550,000 500 $450,000 Brooklyn Market by LOCATION 09 10 11 12 13 14 15 16 17 18 19 0 North Market Matrix Q2–2019 %∆ (qtr) Q1–2019 %∆ (yr) Q2–2018 NORTH Average Sales Price $1,398,132 -2.8% $1,438,771 4.6% $1,336,318 • Number of sales surged as median and average sales price posted Average Price Per Sq Ft $1,090 -7.7% $1,181 -5.1% $1,148 large gains Condo $1,171 -5.0% $1,233 0.5% $1,165 MEDIAN SALES PRICE BROOKLYN LUXURY NUMBER OF SALES • Marketing time and negotiability saw Median Sales Price $1,201,535 -4.7% $1,261,303 15.8% $1,037,500 substantial increases Number$3,000,000 of Sales 275 96.4% 140 32.2% 500208 $2,400,000 400 South Market Matrix Q2–2019 %∆ (qtr) Q1–2019 %∆ (yr) Q2–2018 $1,800,000 300 SOUTH Average Sales Price $772,527 1.1% $764,239 0.2% $771,172 • Price trend indicators moved higher Median$1,200,000 Sales Price $665,000 0.8% $660,000 3.5% $642,500200 as number of sales declined $600,000Condo $623,066 1.3% $615,000 -3.2% $643,481100 • Marketing time edged higher as Co-op $322,500 0.8% $320,000 1.4% $318,000 $0 0 negotiability expanded sharply 1-3 Family09 10 11 12$849,50013 14 3.6%15 $820,00016 17 4.2%18 $815,00019 Number of Sales 1,254 9.3% 1,147 -8.5% 1,370
East Market Matrix Q2–2019 %∆ (qtr) Q1–2019 %∆ (yr) Q2–2018 EAST Average Sales Price $884,779 5.2% $840,668 5.2% $841,000 • Average and median sales price Median Sales Price $784,000 7.4% $730,000 1.2% $775,000 each increased to second highest AVERAGE PRICE PER SQ FT NEW DEVELOPMENT % OF ALL BROOKLYN SALES Condo $722,957 9.5% $660,000 -3.6% $750,000 on record $1,500 25% 1-3 Family $810,000 3.8% $780,000 4.5% $775,000 • Number of sales declined despite $1,200 20% expansion in negotiability Number of Sales 509 6.3% 479 -11.5% 575 $900 15% Northwest Market Matrix Q2–2019 %∆ (qtr) Q1–2019 %∆ (yr) Q2–2018 $600 10% NORTHWEST Average Sales Price $1,596,091 9.4% $1,458,337 2.9% $1,551,253 Median$300 Sales Price $1,225,000 6.5% $1,150,775 4.0% $1,178,3005% • Average and median sales price $0Condo $1,432,500 15.3% $1,242,500 11.5% $1,284,8970% increased from year ago levels Co-op09 10 11 $745,00012 13 -2.0%14 15 $760,00016 17 0.7%18 19$740,000 • Number of sales slipped as 1-3 Family $2,500,000 0.0% $2,500,000 4.2% $2,400,000 negotiability expanded Number of Sales 523 16.2% 450 -1.3% 530
Brownstone Market Matrix Q2–2019 %∆ (qtr) Q1–2019 %∆ (yr) Q2–2018 BROWNSTONE Average Sales Price $2,835,739 14.2% $2,483,376 7.3% $2,643,898 Average Price Per Sq Ft $1,365 17.5% $1,162 23.0% $1,110 • Overall price trend indicators moved Median Sales Price $2,500,000 0.0% $2,500,000 4.2% $2,400,000 higher as median sales price for 1-Family $2,525,000 6.3% $2,375,000 -21.4% $3,212,500 2-families set record 2-Family $2,750,000 10.0% $2,500,000 15.2% $2,387,500 • First increase in brownstone sales 3-Family $2,062,500 -26.0% $2,787,000 -10.3% $2,300,000 after six quarters of declines Number of Sales 99 16.5% 85 17.9% 84
Visit our website to browse listings and learn more about market trends MEDIAN SALES PRICE BROOKLYN NUMBER OF SALES $1,000,000 5,000
$800,000 4,000
$600,000 3,000
$400,000 2,000 MEDIAN SALES PRICE BROOKLYN NUMBER OF SALES $1,000,000$200,000 5,0001,000
$0 0 $800,000 09 10 11 12 13 14 15 16 17 18 19 4,000
$600,000 3,000
MEDIAN$400,000 SALES PRICE BROOKLYN CONDO NUMBER OF SALES2,000 $1,000,000 1,000
$800,000$200,000 1,000800 $600,000 600
$400,000$0 0400 09 10 11 12 13 14 15 16 17 18 19 $200,000 200 $0 0 09 10 11 12 13 14 15 16 17 18 19 MEDIAN SALES PRICE BROOKLYN CONDO NUMBER OF SALES $1,000,000 1,000 BROOKLYN CO-OP MEDIAN$800,000 SALES PRICE NUMBER OF SALES800 $500,000$600,000 1,000600 $400,000$400,000 800400 600 $300,000$200,000 200 400 $200,000$0 0 09 10 11 12 13 14 15 16 17 18 19 $100,000 200 $0 0 09 10 11 12 13 14 15 16 17 18 19 Q2-2019 The Elliman Report • QuarterlyMEDIAN Survey SALES of Brooklyn PRICE ResidentialBROOKL Sales YN CO-OP NUMBER OF SALES $500,000 1,000 MEDIAN$400,000 SALES PRICE BROOKLYN 1-3 FAMILY NUMBER OF SALES800 LUXURY Luxury Market Matrix Q2–2019 %∆ (qtr) Q1–2019 %∆ (yr) Q2–2018 $950,000$300,000 2,500600 Average Sales Price $2,782,267 2.1% $2,724,093 -1.5% $2,826,029 $850,000$200,000 2,000400 Median Sales Price $2,400,000 -4.0% $2,500,000 -2.7% $2,467,500 • Sales from $1-2 million and $4 -10 $750,000$100,000 1,500200 million were the only price strata Number$650,000 of Sales 275 30.3% 211 -0.4% 1,000276 to see an increase $0 0 Days$550,000 on Market09 (From10 Last List11 Date) 12 13122 1416.2% 15 16 105 17 10.9%18 19 500110 • Listing inventory increased year Listing$450,000 Discount (From Last List Price) 5.8% 5.7% 04.2% over year for the fifth consecutive 09 10 11 12 13 14 15 16 17 18 19 Listing Inventory 292 12.7% 259 7.4% 272 quarter Months of Supply 3.2 -13.5% 3.7 6.7% 3.0 • Median and average sales price Entry-PriceMEDIAN SALES Threshold PRICE BROOKL$1,840,000YN 1-30.8% FAMIL$1,825,000Y 0.0%NUMBER$1,840,000 OF SALES slipped as negotiability expanded $950,000 2,500 MEDIAN$850,000 SALES PRICE BROOKLYN LUXURY NUMBER OF SALES2,000 $750,000 1,500 Luxury Luxury Median $3,000,000 500 $650,000 1,000 Mix Sales Share Sales Price $2,400,000 400 $550,000 500 Condo 39.3% $2,400,000 $450,000$1,800,000 300 09 10 11 12 13 14 15 16 17 18 19 0 Co-op 4.0% $2,450,000 $1,200,000 200 1-3 Family 56.7% $2,350,000 $600,000 100 $0 0 09 10 11 12 13 14 15 16 17 18 19 BROOKLYN LUXURY NewMEDIAN Development SALES PRICE Market Matrix Q2–2019 %∆ (qtr) Q1–2019 %NUMBER∆ (yr) OFQ2–2018 SALES NEW DEVELOPMENT Average$3,000,000 Sales Price $1,205,462 13.9% $1,058,287 -0.4% $1,209,911500 Condos Average$2,400,000 Price Per Sq Ft $882 -10.4% $984 -18.8% $1,086400 AVERAGE PRICE PER SQ FT NEW DEVELOPMENT % OF ALL BROOKLYN SALES Median$1,800,000 Sales Price $921,516 16.0% $794,235 3.5% $890,000300 $1,500 25% • New development sales surged as Number$1,200,000 of Sales 321 316.9% 77 23.0% 200261 price trends showed mixed results $1,200 20% Days$600,000 on Market (From Last List Date) 114 6.5% 107 -33.3% 100171 $900 15% • Listing inventory increased Listing Discount$0 (From Last List Price) 2.3% 5.4% 2.4%0 09 10 11 12 13 14 15 16 17 18 19 annually for the third straight Listing$600 Inventory 162 13.3% 143 24.6% 10130% quarter Months$300 of Supply 1.5 -73.2% 5.6 0.0% 5%1.5 • Median sales price rose year over Sales$0 Share of All Condos 38.6% 13.8% 31.7%0% year for the first time in two years 09 10 11 12 13 14 15 16 17 18 19 AVERAGE PRICE PER SQ FT NEW DEVELOPMENT % OF ALL BROOKLYN SALES $1,500 25% New Condo Median $1,200 20% Development Mix Sales Share Sales Price $900 15% < $1M 55.1% $697,501 $600 10% $1M - $3M 41.7% $1,649,783 $300 5% > $3M 3.1% $3,437,999 $0 0% 09 10 11 12 13 14 15 16 17 18 19
NEIGHBORHOODS OF BROOKLYN
NORTH BROOKLYN NORTHWEST BROOKLYN SOUTH BROOKLYN EAST BROOKLYN Greenpoint “Brownstone Brooklyn” Fort Greene Bath Beach Dyker Heights Marine Park Bedford Stuyvesant Homecrest Williamsburg Boerum Hill Gowanus Bay Ridge Flatbush Midwood Brownsville Ocean Hill Brooklyn Heights Navy Yard Bensonhurst Flatlands Mill Basin Bushwick Wingate Carroll Gardens Park Slope Bergen Beach Gerritsen Beach Ocean Parkway Crown Heights Wyckoff Heights Clinton Hill Park Slope South Borough Park Gravesend Old Mill Basin Cypress Hills Cobble Hill Prospect Heights Brighton Beach Kensington Seagate East New York Downtown Red Hook Bush Terminal Madison Sheepshead Bay Farragut Dumbo Vinegar Hill Canarsie Manhattan Beach Sunset Park Windsor Terrace Coney Island For more information or electronic copies of this report visit elliman.com. © 2019 Douglas Elliman and Miller Samuel Inc. All worldwide rights reserved. Email report author Jonathan J. Miller at [email protected] with questions or comments. Report Methodology: BROOKLYN 43 Fifth Ave 347.844.9162 190 Fifth Ave 718.230.3201 • 156 Montague St 718.780.8100 • 187 Seventh Ave 718.840.2000 http://www.millersamuel.com/research-reports/methodology 237 Smith St 718.522.2929 • 280 Metropolitan Ave 718.486.4400 • 664 Fulton St 718.715.7000 • 1410 Cortelyou Rd 718.856.3572 Douglas Elliman Miller Samuel Real Estate 2503 Avenue U RELOCATION 575 Madison Ave 212.891.7000 • Visit ELLIMAN.COM for a list of all our offices in Manhattan, Brooklyn, Real Estate Appraisers & Consultants Queens, Long Island, the Hamptons & North Fork, Westchester, Putnam/Dutchess Counties, Greenwich, Aspen, Los Angeles and Florida 575 Madison Avenue 21 West 38th Street 575 MADISON AVENUE, NY, NY 10022. 212.891.7000 © 2019 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, New York, NY 10022 New York, NY 10018 THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, 212.891.7000 212.768.8100 BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. IF YOUR PROPERTY IS CURRENTLY LISTED WITH ANOTHER REAL ESTATE BROKER, PLEASE DISREGARD THIS OFFER. IT IS NOT OUR INTENTION TO SOLICIT THE OFFERINGS OF elliman.com millersamuel.com OTHER REAL ESTATE BROKERS. WE COOPERATE WITH THEM FULLY. EQUAL HOUSING OPPORTUNITY.