Engel & Volkers Brownstone Brooklyn 3Q19 Market Report by Engel & Völkers Brownstone Brooklyn

3Q19

BROWNSTONE BROOKLYN MARKET REPORT

3Q 2019 Market Report | i

Brownstone Brooklyn Market Report 3Q19 Overview Our report indicates that townhouses in Brownstone Brooklyn are trading just below the average sales price established a year ago and the average sales price for condominiums is 6.6% below the average sales price established in the 3Q18. Overall volume and gross transaction volume of townhouses and condominiums has decreased year over year.

Townhouses Over $379MM worth of 1- to 4-family townhouses traded hands in 3Q19, versus $452MM during 3Q18, a decrease of $73MM, or 16.2%. Transaction volume decreased 14.9% compared to last year. The average sales price decreased modestly as well, to approximately $2,893,000. Brooklyn Heights took the top spot in our ranking of highest gross priced transactions at $9.8MM for a single family on Sidney Place. A small townhouse in Clinton Hill claimed the top spot on a dollar per square foot basis at $2,313. Notable transactions appear on page 9 of this report.

Condominiums Approximately $339MM worth of condominiums sold in 3Q19, versus $410MM during 3Q18, a decrease of $71MM, or 17.3%. The number of transactions dropped 11.4% and year over year average price per square foot dipped by 4.8% to $1,149 and average sales price moved down by 6.6%. A penthouse transaction at the Polhemus in Cobble Hill was the most expensive deal on a gross sales price basis at $6.8MM. Another penthouse in the same project took the top spot on a dollar per foot basis at $2,088. Other notable condominium transactions appear on page 9 of this report. If you are interested in receiving a complimentary opinion of value for your property, please don’t hesitate to contact me directly. Sincerely,

Donald P. Brennan, Jr. License Partner | Real Estate Broker Engel & Völkers Brownstone Brooklyn Brennan Realty Services, LLC 45 Main Street, Suite 1022 Brooklyn, NY 11201 Email: donald.brennan@evrealestate.com Cell: (917) 568-6525 Web: brownstonebrooklyn.evrealestate.com

ENGEL&VÖLKERS DEVELOPMENT

ENGEL&VÖLKERS

YACHTING

ENGEL&VÖLKERS COMMERCIAL

ENGEL&VÖLKERS RESORTS

3Q 2019 Market Report | 2

BROWNSTONE BROOKLYN Townhouse Summary The townhouse market saw a steady 131

1 to 4 Family Townhouses

transactions this quarter. Average sales price increased 17.86% on the quarter but PPSF increased 19.83% on the quarter, but decreased 2.50%on the year. The fourquarter trailing average is $936 PSF and just over $2.6MM gross.

$2.89MM AVERAGE SALES PRICE THIS QUARTER

Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales

(in Millions)

decreased 1.34% on the year. Similarly,

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$2,893,200

17.86%

$2,454,864

-1.34%

$2,932,380

$1,023

19.83%

$854

-2.50%

$1,049

$2,495,000

16.05%

$2,150,000

-6.99%

$2,682,500

131

133

154

$20.0

$2500 $2,500

$16.0

$2,000 $2000

$12.0

$1,500 $1500

$8.0

$1,000 $1000

$4.0

$500 $500

$0.0

2017 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 20183Q2018 20184Q2019 20191Q2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

Condo Summary The condo market saw an impressive increase

Condominium Units

in transaction volume at 240 compared to

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$1,413,730

-2.18%

$1,445,178

-6.62%

$1,513,951

$1,149

2.10%

$1,125

-4.78%

$1,207

$1,195,000

1.49%

$1,177,500

-6.64%

$1,280,000

last quarter’s performance. Average sales price decreased on the quarter and on the

Average Sales Price

year. PPSF increased slightly on the quarter,

Average Price Per Sq Ft

but decreased by 4.78% on the year. The

Median Sales Price

and over $1.4MM gross.

Number of Sales

$1,149 AVERAGE PPSF THIS QUARTER

(in Millions)

four-quarter trailing average is $1,136 PSF

240

166

271

$20 $20.0

$2000 $2,000

$16.0 $16

$1,600 $1600

$12.0 $12

$1,200 $1200

$8.0 $8

$800

$4.0 $4

$400

$0.0 $0

2017 3Q2018 4Q2019 1Q2019 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

$0$0

All materials presented herein are prepared by Brennan Realty Services LLC, and are intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. Property information was gathered through StreetEasyTM, PropertySharkTM, NYC.gov, and other sources deemed reliable. Methodology subject to change.

3Q 2019 Market Report | 3

BROOKLYN HEIGHTS Townhouse Summary There were more than twice as many

1 to 4 Family Townhouses

townhouse transactions at 9 than in the previous quarter. Average sales price more so on the year by 26.68%. However, PPSF saw significant increase on the quarter but decreased on the year. The four-quarter trailing average is $1,606 PSF and just under $6MM gross.

16.04% AVERAGE PPSF INCREASE QUARTER OVER QUARTER

Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$5,457,222

-12.65%

$6,247,500

-26.68%

$7,442,857

$1,759

16.04%

$1,516

-11.59%

$1,990

$5,200,000

-11.11%

$5,850,000

-20.00%

$6,500,000

$15.0 $15.0

$2500 $2,500

$12.0 $12.0

$2,000 $2000

$9.0 $9.0

$1,500 $1500

$6.0 $6.0

$1,000 $1000

(in Millions)

decreased notably this quarter, and even

3Q19

$3.0 $3.0 $0.0 $0.0

PPSF PRICE

$500 2017 3Q2018 4Q2019 1Q 2019 2Q 2019 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

$0 $0

Condo Summary The third quarter saw a continued decrease

Condominium Units

in transaction volume. Average sales price

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$2,196,624

-8.60%

$2,403,214

-31.36%

$3,200,245

$1,393

0.09%

$1,391

-4.17%

$1,453

$2,092,500

-2.67%

$2,150,000

-10.96%

$2,350,000

decreased on the quarter, and even more so on the year. PPSF was on the level on the

Average Sales Price

quarter, but down on the year. The four-

Average Price Per Sq Ft

quarter trailing average is $1,368 PSF and just under $2.8MM gross.

Median Sales Price

8.86% AVERAGE SALES PRICE DECREASE OVER FOUR TRAILING QUARTERS

(in Millions)

Number of Sales

$20 $20.0

$2000 $2,000

$16.0 $16

$1,600 $1600

$12.0 $12

$1,200 $1200

$8.0 $8

$800 $800

$4.0 $4

$400 $400

$0.0 $0

2017 3Q2018 4Q2019 1Q2019 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

$0 $0

3Q 2019 Market Report | 4

COBBLE HILL Townhouse Summary Cobble Hill saw a modest uptick in transaction

1 to 4 Family Townhouses

volume to 9 this quarter. The average sales price decreased on the quarter, but saw an increase of 17.53% on the year. PPSF saw increases on the quarter and on the year. The four-quarter trailing average is $1,380 PSF and just under $4.5MM gross.

Average Sales Price Average Price Per Sq Ft Median Sales Price

17.53% AVERAGE SALES PRICE INCREASE YEAR OVER YEAR

(in Millions)

Number of Sales

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$4,945,301

-16.03%

$5,889,050

17.53%

$4,207,857

$1,528

7.12%

$1,427

11.05%

$1,376

$4,495,000

-23.37%

$5,865,500

2.74%

$4,375,000

$9.0

$2500 $2,500

$7.2 $7.2

$2000 $2,000

$5.4 $5.4

$1500 $1,500

$3.6 $3.6

$1000 $1,000

$1.8 $1.8

$500 $500

$0.0

2017 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 20183Q2018 20184Q2019 20191Q2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

Condo Summary Cobble Hill saw more than twice as many

Condominium Units

transactions as last quarter did at 13. Average sales price increased on both periods, most notably by 205.22% on the year. PPSF was up similarly year over year. The four-quarter trailing average is $1,409 PSF and just over $2.3MM gross.

Average Sales Price Average Price Per Sq Ft Median Sales Price

205.22% AVERAGE SALE INCREASE YEAR OVER YEAR

(in Millions)

Number of Sales

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$3,351,968

13.68%

$2,948,625

205.22%

$1,098,211

$1,551

0.99%

$1,536

28.16%

$1,210

$3,617,388

20.06%

$3,013,069

217.45%

$1,139,500

$7.0.0 $7.0

$2000 $2,000

$5.6 $5.6.0

$1,600 $1600

$4.2 $4.2.0

$1,200 $1200

$2.8 $2.8.0

$800

$1.4 $1.4.0

$400

$0.0 $0.0.0

2017 3Q2018 4Q2019 1Q2019 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

$0 $0

3Q 2019 Market Report | 5

CARROLL GARDENS Townhouse Summary The volume of Carroll Gardens townhouse

1 to 4 Family Townhouses

transactions rose to 13 this quarter. Average sales price increased both on this quarter and on the year. PPSF increased on the quarter, but decreased by 8.81% on the year. The four-quarter trailing average is $1,087 PSF and just under $3MM gross.

Average Sales Price Average Price Per Sq Ft Median Sales Price

17.96% AVERAGE SALES PRICE INCREASE QUARTER OVER QUARTER

(in Millions)

Number of Sales

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$3,338,949

17.96%

$2,830,556

14.29%

$2,921,429

$1,233

13.55%

$1,086

-8.81%

$1,352

$3,100,000

16.98%

$2,650,000

1.89%

$3,042,500

$10.0

$2500 $2,500

$8.0

$2,000 $2000

$6.0

$1,500 $1500

$4.0

$1,000 $1000

$2.0

$500

$0.0

2017 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 20183Q2018 20184Q2019 20191Q2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

Condo Summary Thirteen condo transactions closed in Carroll

Condominium Units

Gardens this quarter. Average sales price

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$1,462,541

-0.13%

$1,464,500

-19.57%

$1,818,454

$1,249

15.06%

$1,086

1.79%

$1,227

$1,308,000

-9.17%

$1,440,000

-6.57%

$1,400,000

decreased marginally on the quarter, but significantly on the year. Meanwhile, PPSF

Average Sales Price

increased 15.06% on the quarter, but only

Average Price Per Sq Ft

marginally on the year. The four-quarter

Median Sales Price

$1.6MM gross.

Number of Sales

$1,249 AVERAGE PPSF THIS QUARTER

(in Millions)

trailing average is $1,188 PSF and just below

$5.0 $5.0

$2000 $2,000

$4.0 $4.0

$1,600 $1600

$3.0 $3.0

$1,200 $1200

$2.0 $2.0

$800

$1.0 $1.0

$400

$0.0 $0.0

2017 3Q2018 4Q2019 1Q2019 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

$0 $0

3Q 2019 Market Report | 6

COLUMBIA STREET WATERFRONT DISTRICT Townhouse Summary

0 TRANSACTIONS THIS QUARTER

1 to 4 Family Townhouses 3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

Average Sales Price

-100.00%

$2,100,000

-100.00%

$1,812,500

Average Price Per Sq Ft

-100.00%

$972

-100.00%

$958

Median Sales Price

-100.00%

$2,100,000

-100.00%

$1,812,500

Number of Sales

(in Millions)

There were no transactions.

$5.0

$2500 $2,500

$4.0

$2,000 $2000

$3.0

$1,500 $1500

$2.0

$1,000 $1000

$1.0

$500

$0.0

2017 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 20183Q2018 20184Q2019 20191Q2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

Condo Summary There were 6 condo transactions this

Condominium Units

quarter. Average sales price increased

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$1,378,158

37.13%

$1,005,025

42.18%

$969,333

$1,168

11.73%

$1,045

12.89%

$1,034

$1,235,000

32.79%

$930,050

38.76%

$890,000

drastically on the quarter and on the year. PPSF, saw increases on both the quarter

Average Sales Price

and the year around 12%. The four-quarter

Average Price Per Sq Ft

trailing average is $1,152 PSF and just under $1.3MM gross.

Median Sales Price

13.15% AVERAGE SALES PRICE INCREASE OVER TRAILING FOUR QUARTERS

(in Millions)

Number of Sales

$3.75 $3.75

$2000 $2,000

$3.00

$1,600 $1600

$2.25 $2.25

$1,200 $1200

$1.50 $1.50

$800

$0.75 $0.75

$400

$0.00 $0.00

2017 3Q2018 4Q2019 1Q2019 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

3Q 2019 Market Report | 7

BOERUM HILL Townhouse Summary Transaction volume was back to more normal

1 to 4 Family Townhouses

levels with five trades this quarter. Average sales price increased 17.79% this quarter, but on the year the increase was marginal. PPSF increased notably on both periods. The four-quarter trailing average is $1,325 PSF and just under $3.3MM gross.

Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales

AVERAGE PPSF OVER TRAILING FOUR QUARTERS

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$3,975,400

17.79%

$3,375,000

1.01%

$3,935,500

$1,316

6.00%

$1,242

18.73%

$1,109

$3,750,000

7.91%

$3,475,000

-5.30%

$3,960,000

$10.0 $10.0

$2500 $2,500

$8.0 $8.0

$2,000 $2000

$6.0 $6.0

$1,500 $1500

$4.0 $4.0

$1,000 $1000

$2.0 $2.0

$500

(in Millions)

$1,325

3Q19

$0.0 $0.0

2017 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 20183Q2018 20184Q2019 20191Q2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

Condo Summary Boerum Hill saw a continued increase in

Condominium Units

the volume of condo sales this quarter

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$1,528,321

10.16%

$1,387,364

2.17%

$1,495,867

$1,276

7.52%

$1,187

1.12%

$1,262

$1,252,500

8.91%

$1,150,000

-4.75%

$1,315,000

to 14 transactions. Average sales price increased by 10.16% on the quarter, and

Average Sales Price

more modestly on the year. PPSF similarly

Average Price Per Sq Ft

increased, but by a lesser extent. The four-

Median Sales Price

just under $1.5MM gross.

Number of Sales

10.16% AVERAGE PPSF INCREASE QUARTER OVER QUARTER

(in Millions)

quarter trailing average is $1,240 PSF and

$7.5

$2000 $2,000

$6.0

$1,600 $1600

$4.5

$1,200 $1200

$3.0

$800 $800

$1.5

$400

$0.0 $0.0

2017 3Q2018 4Q2019 1Q2019 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

3Q 2019 Market Report | 8

Townhouse Market Neighborhood Overview Average Price Per Sq Ft

Average Sales Price

Average SF

Total # of Properties

Gross Transaction Volume

# of Transactions

% of Total Transactions

Brooklyn Heights

$1,759

$5,457,222

3,204

497

$49,115,000

7.00%

Cobble Hill

$1,528

$4,945,301

3,286

956

$44,507,709

7.00%

Boerum Hill

$1,316

$3,975,400

3,262

794

$19,877,000

4.00%

Carroll Gardens

$1,233

$3,338,949

2,743

1,423

$43,406,333

10.00%

Gowanus

$1,075

$2,392,857

2,311

964

$16,750,000

5.00%

Prospect Heights

$1,062

$2,297,500

2,200

910

$9,190,000

3.00%

Park Slope

$1,041

$3,040,997

2,918

3,627

$88,188,911

22.00%

Clinton Hill

$950

$2,647,292

3,021

1,328

$31,767,500

9.00%

Fort Greene

$939

$2,746,375

2,933

1,236

$27,463,745

8.00%

Bedford-Stuyvesant (W)

$578

$1,477,062

2,654

$48,743,049

25.00%

Columbia Water District

190

0.00%

DUMBO

0.00%

$1,023

$2,893,200

2,849

11,929

$379,009,247

131

100.00%

Market

ALL

Condominium Market Neighborhood Overview Average Price Per Sq Ft

Average Sales Price

Average SF

Total # of Properties

Gross Transaction Volume

# of Transactions

% of Total Transactions

Cobble Hill

$1,551

$3,351,968

1,995

541

$43,575,587

5.00%

Brooklyn Heights

$1,393

$2,196,624

1,631

890

$21,966,240

4.00%

DUMBO

$1,323

$1,999,112

1,477

1,197

$35,984,024

8.00%

Boerum Hill

$1,276

$1,528,321

1,190

827

$21,396,499

6.00%

Carroll Gardens

$1,249

$1,462,541

1,134

659

$19,013,033

5.00%

Prospect Heights

$1,236

$1,550,127

1,237

1,367

$31,002,532

8.00%

Park Slope

$1,205

$1,381,754

1,140

2,733

$69,087,691

21.00%

Gowanus

$1,203

$1,174,989

964

557

$12,924,875

5.00%

Columbia Water District

$1,168

$1,378,158

1,142

691

$8,268,948

3.00%

Fort Greene

$1,112

$1,083,974

971

848

$20,595,509

8.00%

Clinton Hill

$1,088

$1,231,900

1,122

942

$12,319,000

4.00%

$831

$770,736

973

$43,161,230

23.00%

$1,149

$1,413,730

1,182

11,252

$339,295,168

240

100.00%

Market

Bedford-Stuyvesant (W) ALL

3Q 2019 Market Report | 9

Top 5 Townhouse Sales By Sales Price Rank

Address

Neighborhood

Sales Price

Square Feet

$PSF

16 Sidney Pl

Brooklyn Heights

$9,800,000

4,500

$2,178

96 Amity St

Cobble Hill

$8,553,300

5,294

$1,616

30 Garden Pl

Brooklyn Heights

$7,220,000

3,360

$2,149

270 Henry St

Brooklyn Heights

$7,150,000

5,100

$1,402

48 Tompkins Pl

Cobble Hill

$6,650,000

3,360

$1,979

Top 5 Townhouse Sales By Price Per Square Foot Rank

Address

Neighborhood

Sales Price

Square Feet

$PSF

361 Waverly Ave

Clinton Hill

$2,850,000

1,232

$2,313

45 Willow Pl

Brooklyn Heights

$3,370,000

1,470

$2,293

135 Joralemon St

Brooklyn Heights

$5,750,000

2,548

$2,257

28 Bergen St

Boerum Hill

$4,955,000

2,196

$2,256

16 Sidney Pl

Brooklyn Heights

$9,800,000

4,500

$2,178

Top 5 Condominium Sales By Sales Price Rank

Address

Neighborhood

Sales Price

Square Feet

$PSF

100 Amity St #9

Cobble Hill

$6,822,275

3,694

$1,847

100 Amity St #PH2

Cobble Hil

$5,501,150

2,635

$2,088

100 Amity St #PH1

Cobble Hill

$4,669,932

2,281

$2,047

100 Amity St #14

Cobble Hill

$4,600,000

2,680

$1,716

100 Amity St #5

Cobble Hill

$4,584,725

2,889

$1,587

Top 5 Condominium Sales By Price Per Square Foot Rank

Address

Neighborhood

Sales Price

Square Feet

$PSF

100 Amity St #PH2

Cobble Hil

$5,501,150

2,635

$2,088

100 Amity St #PH1

Cobble Hill

$4,669,932

2,281

$2,047

9 College Pl #4B

Brooklyn Heights

$2,900,000

1,462

$1,984

325 Henry St #2B

Cobble Hill

$4,075,000

2,166

$1,881

210 Pacific St #3W

Boerum Hill

$2,895,000

1,563

$1,852

3Q 2019 Market Report | 10

GOWANUS Townhouse Summary Gowanus saw a mostly cyclical increase in

1 to 4 Family Townhouses

volume this quarter with 7 transactions. Average sales price increased significantly, however, on the year by 20.65%. PPSF increased slightly on the quarter, and decreased significantly on the year. The fourquarter trailing average is $950 PSF and just over $2MM gross.

18.55% AVERAGE PPSF DECREASE YEAR OVER YEAR

Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales

(in Millions)

at 40.02% on the quarter. They dipped,

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$2,392,857

40.02%

$1,709,000

-20.65%

$3,015,500

$1,075

4.88%

$1,025

-18.55%

$1,320

$2,200,000

10.00%

$2,000,000

-32.31%

$3,250,000

$5.0

$2,500

$4.0

$2,000

$3.0

$1,500

$2.0

$1,000

$1.0

$500

$0.0

2017 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 20183Q2018 20184Q2019 20191Q2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

Condo Summary At 11 transactions, Gowanus saw increased

Condominium Units

volume from last quarter. While average

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$1,174,989

-6.24%

$1,253,167

7.30%

$1,095,000

$1,203

-7.83%

$1,305

-0.36%

$1,208

$1,275,000

7.41%

$1,187,000

15.91%

$1,100,000

sales price decreased on the quarter, it increased on the year. PPSF decreased on

Average Sales Price

both periods, but only nominally for the year.

Average Price Per Sq Ft

The four-quarter trailing average is $1,256 PSF and just over $1.4MM gross.

Median Sales Price

$1.41MM AVERAGE SALES PRICE OVER TRAILING FOUR QUARTERS

(in Millions)

Number of Sales

$5.0

$2000 $2,000

$4.0

$1,600 $1600

$3.0

$1,200 $1200

$2.0

$800

$1.0

$400

$0.0

2017 3Q2018 4Q2019 1Q2019 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

3Q 2019 Market Report | 11

FORT GREENE Townhouse Summary Fort Greene saw 10 townhouse transactions

1 to 4 Family Townhouses

this quarter. Average sales price was up on the quarter by 27.44%, but down on the year by 14.49%. PPSF, while up on the quarter, was down significantly on the year. The fourquarter trailing average is $941 PSF and just under $2.6MM gross.

Average Sales Price Average Price Per Sq Ft Median Sales Price

4.87% AVERAGE PPSF DECREASE OVER TRAILING FOUR QUARTERS

(in Millions)

Number of Sales

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$2,746,375

27.44%

$2,154,996

-14.49%

$3,211,833

$939

4.32%

$900

-19.77%

$1,170

$2,747,623

19.46%

$2,300,000

-19.14%

$3,398,000

$7.5 $7.5

$2500 $2,500

$6.0 $6.0

$2,000 $2000

$4.5 $4.5

$1,500 $1500

$3.0 $3.0

$1,000 $1000

$1.5

$500 $500

$0.0

2017 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 20183Q2018 20184Q2019 20191Q2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

Condo Summary There was significant increase in transaction

Condominium Units

volume to 19 in Fort Greene this quarter.

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$1,083,974

-16.35%

$1,295,922

-19.23%

$1,342,000

$1,112

-5.15%

$1,173

-9.62%

$1,231

$1,128,000

-10.65%

$1,262,500

-12.90%

$1,295,000

Average sales price decreased 16.35% on the quarter and 19.23% on the year, while

Average Sales Price

PPSF decreased slightly less at 5.15% on the

Average Price Per Sq Ft

quarter and 9.62% on the year. The four-

Median Sales Price

over $1.2MM gross.

Number of Sales

16.35% AVERAGE SALES PRICE DECREASE QUARTER OVER QUARTER

(in Millions)

quarter trailing average is $1,169 PSF and just

$3.75

$2000 $2,000

$3.00

$1,600 $1600

$2.25

$1,200 $1200

$1.50 $1.50

$800

$0.75 $0.75

$400 $400

$0.0 $0.00

2017 3Q2018 4Q2019 1Q2019 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

3Q 2019 Market Report | 12

CLINTON HILL Townhouse Summary There were 12 transactions during the quarter

1 to 4 Family Townhouses

in Clinton Hill. On the quarter, average sales price increased significantly by 39.88%, as did PPSF by 31.28%. On the year, both were

Average Sales Price

also positive but at around 9%. The four-

Average Price Per Sq Ft

quarter trailing average is $885 PSF and just over $2.4MM gross.

Median Sales Price

39.88% AVERAGE SALES PRICE INCREASE THIS QUARTER

(in Millions)

Number of Sales

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$2,647,292

39.88%

$1,892,500

9.34%

$2,421,056

$950

31.28%

$724

9.04%

$871

$2,800,000

53.01%

$1,830,000

23.65%

$2,264,500

$7.5 $7.5

$2500 $2,500

$6.0

$2,000 $2000

$4.5

$1,500 $1500

$3.0

$1,000 $1000

$1.5

$500

$0.0

2017 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 20183Q2018 20184Q2019 20191Q2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

Condo Summary There were 10 transactions this quarter in

Condominium Units

Clinton Hill. Average sales price increased

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$1,231,900

12.11%

$1,098,825

11.27%

$1,107,129

$1,088

6.63%

$1,021

2.05%

$1,067

$1,222,500

22.86%

$995,000

22.62%

$997,000

by around 12% on both periods. PPSF also increased in both periods, but to a lesser

Average Sales Price

degree. The four-quarter trailing average is

Average Price Per Sq Ft

$1,051 PSF and just over $1.1MM gross.

Median Sales Price

$1.1MM AVERAGE SALES PRICE OVER TRAILING FOUR QUARTERS

(in Millions)

Number of Sales

$3.75 $3.75

$2000 $2,000

$3.00 $3.00

$1600 $1,600

$2.25 $2.25

$1200 $1,200

$1.50 $1.50

$800

$0.75 $0.75

$400

$0.0 $0.00

2017 3Q2018 4Q2019 1Q2019 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

3Q 2019 Market Report | 13

PROSPECT HEIGHTS Townhouse Summary There were 4 transactions this quarter

1 to 4 Family Townhouses

in Prospect Heights. Average sales price decreased both on the quarter and on the year. PPSF, however, increased for both periods, much less significantly on the year. The four-quarter trailing average is $939 PSF and just under $2.5MM gross.

Average Sales Price Average Price Per Sq Ft Median Sales Price

6.42% AVERAGE SALES PRICE DECREASE YEAR OVER YEAR

(in Millions)

Number of Sales

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$2,297,500

-23.67%

$3,010,000

-6.42%

$2,455,222

$1,062

22.91%

$864

2.06%

$1,040

$2,212,500

-26.50%

$3,010,000

-19.55%

$2,750,000

$7.5 $7.5

$2500 $2,500

$6.0 $6.0

$2,000 $2000

$4.5 $4.5

$1,500 $1500

$3.0

$1,000 $1000

$1.5

$500

$0.0

2017 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 20183Q2018 20184Q2019 20191Q2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

Condo Summary There were 20 condo transactions this

Condominium Units

quarter in Prospect Heights. Average sales

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$1,550,127

-9.75%

$1,717,559

2.62%

$1,510,568

$1,236

-5.87%

$1,313

-8.02%

$1,344

$1,547,500

-11.54%

$1,749,410

6.72%

$1,450,000

price decreased by 9.75% on the quarter and increased 2.62% on the year. PPSF,

Average Sales Price

however, decreased on both periods. The

Average Price Per Sq Ft

four-quarter trailing average is $1,288 PSF and just under $1.6MM gross.

Median Sales Price

9.75% AVERAGE SALES PRICE DECREASE QUARTER OVER QUARTER

(in Millions)

Number of Sales

$5$5.0

$2000 $2,000

$4$4.0

$1,600 $1600

$3.0 $3

$1,200 $1200

$2$2.0

$800

$1$1.0

$400

$0.0 $0

2017 3Q2018 4Q2019 1Q2019 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

3Q 2019 Market Report | 14

PARK SLOPE Townhouse Summary Park Slope saw a moderate increase in

1 to 4 Family Townhouses

townhouse transactions to 29 this quarter, but still a dip from previous quarters. Average but is level on the year. PPSF moderately decreased on both periods. The four-quarter trailing average is $1,066 PSF and just over $2.9MM gross.

$1,066 AVERAGE PPSF OVER TRAILING FOUR QUARTERS

Average Sales Price Average Price Per Sq Ft Median Sales Price Number of Sales

(in Millions)

sales price decreased 5.37% on the quarter,

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$3,040,997

-5.37%

$3,213,446

0.67%

$3,020,677

$1,041

-8.53%

$1,138

-7.68%

$1,127

$2,674,182

-15.93%

$3,181,050

-6.51%

$2,860,500

$20.0

$2500 $2,500

$16.0

$2,000 $2000

$12.0

$1,500 $1500

$8.0

$1,000 $1000

$4.0

$500 $500

$0.0

2017 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 20183Q2018 20184Q2019 20191Q2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

$0 $0

Condo Summary Park Slope saw 50 transactions, a significant

Condominium Units

increase in volume from last quarter. Average

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$1,381,754

-7.03%

$1,486,305

3.27%

$1,337,968

$1,205

2.20%

$1,179

-0.53%

$1,211

$1,367,500

4.19%

$1,312,500

0.55%

$1,360,000

sales price was down 7.03% on the quarter, but up 3.27% on the year. PPSF increased

Average Sales Price

slightly on the quarter, and was mostly

Average Price Per Sq Ft

level on the year. The four-quarter trailing

Median Sales Price

gross.

Number of Sales

$1.37MM AVERAGE SALES PRICE OVER TRAILING FOUR QUARTERS

(in Millions)

average is $1,180 PSF and under $1.3MM

$7.5 $7.5

$2000 $2,000

$6.0

$1,600 $1600

$4.5

$1,200 $1200

$3.0 $3.0

$800

$1.5 $1.5

$400

$0.0 $0.0

2017 3Q2018 4Q2019 1Q2019 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

3Q 2019 Market Report | 15

BEDFORD-STUYVESANT (WEST) Townhouse Summary The third quarter saw 33 transactions, a

1 to 4 Family Townhouses

decrease from last quarter’s high. Average sales price decreased on the quarter and more notably on the year, at 19.27%. PPSF was level on the quarter at $578, but also significantly down on the year. The fourquarter trailing average is $575 PSF and just over $1.55MM gross.

Average Sales Price Average Price Per Sq Ft Median Sales Price

13.70% AVERAGE PPSF DECREASE YEAR OVER YEAR

(in Millions)

Number of Sales

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$1,477,062

-5.93%

$1,570,193

-19.27%

$1,829,669

$578

4.18%

$554

-13.70%

$669

$1,390,000

0.36%

$1,385,000

-10.75%

$1,557,500

$7.5 $7.5

$2500 $2,500

$6.0 $6.0

$2,000 $2000

$4.5 $4.5

$1,500 $1500

$3.0

$1,000 $1000

$1.5

$500

$0.0

2017 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 20183Q2018 20184Q2019 20191Q2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

Condo Summary Bedford-Stuyvesant

saw

increased

Condominium Units

transaction volume at 56 this quarter.

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$770,736

3.07%

$747,801

-10.09%

$857,185

$831

12.44%

$739

-6.63%

$890

$760,000

8.96%

$697,502

-5.59%

$805,000

Average sales price increased slightly on the quarter, but decreased by 10.09% on the

Average Sales Price

year. Conversely, PPSF increased by 12.44%

Average Price Per Sq Ft

on the quarter but decreased on the year.

Median Sales Price

and just under $800K gross.

Number of Sales

$831 AVERAGE PPSF THIS QUARTER

(in Millions)

The four-quarter trailing average is $790 PSF

$3.75

$2000 $2,000

$3.00

$1,600 $1600

$2.25

$1,200 $1200

$1.50

$800

$0.75

$400

$0.0

2017 3Q2018 4Q2019 1Q2019 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

3Q 2019 Market Report | 16

DUMBO Condo Summary DUMBO saw 18 condo transactions, a

Condominium Units

return in volume from last quarter’s low. While average sales price increased on the quarter, it decreased on the year. PPSF was

Average Sales Price

up nominally on the quarter but more level

Average Price Per Sq Ft

on the year. The four-quarter trailing average is $1,338 PSF and just under $2.0MM gross.

Median Sales Price

7.04% AVERAGE SALES PRICE DECREASE YEAR OVER YEAR

(in Millions)

Number of Sales

3Q19

%∆ (Qtr)

2Q19

%∆ (Yr)

3Q18

$1,999,112

12.65%

$1,774,695

-7.04%

$2,150,608

$1,323

3.70%

$1,276

-0.30%

$1,327

$1,520,000

1.33%

$1,500,000

-18.17%

$1,857,500

$20 $20.0

$2000 $2,000

$16.0 $16

$1,600 $1600

$12.0 $12

$1200 $1,200

$8.0 $8

$800

$4.0 $4

$400 $400

$0.0 $0

2017 3Q2018 4Q2019 1Q2019 20172Q2017 20173Q2017 20174Q2018 20181Q2018 20182Q2018 2018 2018 2019 20192Q2019 20193Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q

PPSF PRICE

$0 $0

Would You Like To Know What Your Property Is Worth? Engel & Völkers Brownstone Brooklyn agents are your local experts— attuned to the fluctuating Brooklyn and Manhattan real estate markets. Let us provide you with a comprehensive and up-to-date complimentary valuation of your property, or a property that you are interested in acquiring. Simply call or email Donald using the contact information noted below. From representing residential buyers and sellers in re-sales and new development (townhouses, condos and co-ops), to landlords and renters of multi-family properties, Engel & Völkers Brownstone Brooklyn is a respected and trusted advisor. Advocacy is central to everything we do. No matter what your goals are, our team has decades of experience to help you reach them. This report was created with contributions from Engel & Völkers Brownstone Brooklyn team member Kyle Gregory. Donald P. Brennan, Jr. License Partner | Real Estate Broker Engel & Völkers Brownstone Brooklyn Brennan Realty Services, LLC 45 Main Street, Suite 1022 Brooklyn, NY 11201 Email: donald.brennan@evrealestate.com Cell: (917) 568-6525 Web: brownstonebrooklyn.evrealestate.com

Exclusive Listings

A Selection of Our Exclusive Listings

2 Strong Place SOLD COBBLE HILL Single-Family Townhouse $6,874,000

4 Strong Place SOLD COBBLE HILL Single-Family Townhouse $5,091,250

15 Willow Street SOLD BROOKLYN HEIGHTS Four-Family Townhouse $4,810,000

2A Strong Place SOLD COBBLE HILL Single-Family Townhouse $4,475,000

388 Henry Street SOLD COBBLE HILL Two-Family $3,700,000

104 Butler Street SOLD BOERUM HILL Four-Family Townhouse $3,250,000

341 Sackett Street, SOLD Penthouse Duplex CARROLL GARDENS Three-Bedroom Condominium $3,200,000

24 Remsen Street, #4 SOLD BROOKLYN HEIGHTS Four-Bedroom Condominium $2,950,000

75 Livingston Street, #8CD SOLD BROOKLYN HEIGHTS Four-Bedroom Cooperative $2,850,000

Engel & Vรถlkers Brownstone Brooklyn 45 Main Street, Suite 1022 Brooklyn NY 11201 USA Telephone +1 718 858 8238 brownstonebrooklyn.evrealestate.com

449 Seventh Street SOLD PARK SLOPE Multi-Family Townhouse $2,815,100

99 Kane Street SOLD COLUMBIA STREET WATERFRONT DISTRICT Two-Family Townhouse $2,800,000

58 Strong Place #1A SOLD COBBLE HILL Three-Bedroom Condominium $ 2,200,000

176 12th Street SOLD GOWANUS Single-Family Townhouse $2,070,000

474 Dean Street SOLD PROSPECT HEIGHTS Two-Family Townhouse $1,995,000

24 Remsen Street, #2 SOLD BROOKLYN HEIGHTS Two-Bedroom Condominium $1,950,000

341 Sackett Street, SOLD Garden Duplex CARROLL GARDENS One-Bedroom + Rec Room Condominium $1,900,000

24 Remsen Street, #3 SOLD BROOKLYN HEIGHTS Two-Bedroom Condominium $1,730,000

36 Cambridge Place SOLD CLINTON HILL Two-Family Townhouse $1,715,000

400 East 56th Street SOLD UPPER EAST SIDE Two-Bedroom Cooperative $1,650,000

225 East 73rd Street, #4A SOLD UPPER EAST SIDE Two-Bedroom Cooperative $1,625,000

20 Pierrepont Street, #6D SOLD BROOKLYN HEIGHTS Two-Bedroom Cooperative $1,550,000

Engel & Vรถlkers Brownstone Brooklyn

45 Main Street, Ste 1022

Brooklyn NY 11201 USA

T +1 718 858 8238

brownstonebrooklyn.evrealestate.com

ID AM-148134 ID ID AM-148134 AM-148134

ID AM-148134 ID AM-148134

Available Exclusive Listing

Timeless Timeless Elegance Elegance on on Historic Historic Block Block

16 16 South South Portland Portland Avenue, Avenue, Fort Fort Greene Greene ··· Brooklyn Brooklyn ··· NY NY ··· 11217 11217 16 South Portland Avenue, Fort Greene Brooklyn NY 11217

Timeless Elegance on Historic Historic Block Block Bedrooms Dormitorio Schlafzimmer Bedrooms ·••Dormitorio · ••Schlafzimmer 55 Bedrooms Dormitorio Schlafzimmer 5 Bedrooms • Dormitorio • Schlafzimmer 16 South Portland Avenue, Fort Greene · Brooklyn · NY · 11217 Fort Greene · Brooklyn · NY · 11217 3.5 Bathrooms Baño·••Badezimmer Badezimmer Bathrooms ·•Baño 3.5 Bathrooms 3.5 Baño • Badezimmer Badezimmer Bathrooms •• Baño 3760 SF SF Living Area SuperficieConstrudia Construida ·••Wohnflӓche Wohnflӓche Living Area ·•• Superficie 3760 Living 3760 SF Superficie Construida Construida • Wohnflӓche Wohnflӓche Living Area Area • Superficie $4,800,0005 Bedrooms Schlafzimmer Price Price •· Preccio Preccio Preis ·•Preis • Dormitorio • Schlafzimmer $4,800,000 Price $4,800,0005 Price •• Preccio Preccio •• Preis Preis 3.5 Brownstonebrooklyn.evrealestate.com Bathrooms • Baño • Badezimmer www.evrealestate.com 3.5 www.evrealestate.com www.evrealestate.com 3760SF SF 3760 Construida •• Wohnflӓche Wohnflӓche Living Area • Superficie Construida Katriona Campbell-Kearney • C 917-680-3670 • katriona.kearney@evrealestate.com $4,800,000 $4,800,000 Price • Preccio • Preis Ryan Roberson • C 214-335-4836 • ryan.roberson@evrealestate.com www.evrealestate.com

© 2019 Engel & Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. Each property shop is independently owned © 2019 Engel & Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles by of the Fair Housing Act. Each property shop is solicit independently owned and operated. information provided is deemed reliable butand is not guaranteed and should beare independently verified. If your property currently a real broker, is not an attempt your listing. © 2019 Engel & All Völkers. All rights reserved. Engel & Völkers its independent franchisees Equal Opportunity Employers and fullyis therepresented principles by of the Fairestate Housing Act.this Each property shop to is solicit independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is support currently represented a real estate broker, this is not an attempt to your listing. and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. © 2019 Engel

& Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. Each property is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. © 2019 Engel & Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. Each property shop is independently owned © 2019 Engel & Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. Each property shop is independently owned and operated. All information provided is deemed reliable reliable but but is is not not guaranteed guaranteed and and should shouldbe beindependently independentlyverified. verified.IfIfyour yourproperty propertyisiscurrently currentlyrepresented representedby byaareal realestate estatebroker, broker,this thisisisnot notananattempt attempttotosolicit solicityour yourlisting. listing.

ID AM-149731 ID AM-149731

Available Exclusive Listing

Exquisite Exquisite Brooklyn Brooklyn Heights Heights Penthouse Penthouse

24 24 Remsen Remsen Street, Street, PH PH ·· Brooklyn Brooklyn Heights Heights ·· NY NY ·· 11201 11201

Bedrooms ···Schlafzimmer Exquisite Brooklyn Heights Penthouse Bedrooms···Dormitorio Dormitorio Schlafzimmer Bedrooms Dormitorio Schlafzimmer Exquisite Brooklyn 24 Remsen Street, PH · Brooklyn Heights Penthouse · NY · 11201 Bathrooms · Baño · Badezimmer Heights

4 4 Bathrooms Baño Badezimmer 3.5 · · Bathrooms · Baño · Badezimmer 24 Remsen Street, PH · Brooklyn Heights · NY · 11201 3.5 Living ··· Superficie Construdia Living Area Area Superficie Construdia··· Wohnzimmer Wohnzimmer 2,414 SF / 224 SM Living Area Superficie Construdia Wohnzimmer Bedrooms · Dormitorio · Schlafzimmer 2,414 SF / 224 SM4 Bedrooms ··Dormitorio · Schlafzimmer Price ··· Preccio ··· Preis Price Preccio Preis $$ 4,450,000 Price Preccio Preis Bathrooms Baño · Badezimmer 4,450,000 3.54 Bathrooms · Baño · Badezimmer www.brownstonebrooklyn.evrealestate.com Brownstonebrooklyn.evrealestate.com 3.5 www.brownstonebrooklyn.evrealestate.com Living Area · Superficie Construdia · Wohnzimmer 2,414 SF / 224 SM Living Area · Superficie Construdia · Wohnzimmer 2,414 SF / 224 SM Price · Preccio · Preis $ 4,450,000 Katriona Campbell-Kearney • C 917-680-3670 • katriona.kearney@evrealestate.com Price · Preccio · Preis $ 4,450,000 www.brownstonebrooklyn.evrealestate.com Deborah ‘Debi’ Pine • C 804-512-1021 • debi.pine@evrealestate.com www.brownstonebrooklyn.evrealestate.com

Each property is independently owned and&operated. All provided are is deemed reliable but is not guaranteed and the should be independently verified. If your property is independently currently owned © 2019 Engel & Völkers. All rights reserved. Engel Völkers and its information independent franchisees Equal Opportunity Employers and fully support principles of the Fair Housing Act. Each property shop is and operated. All provided is deemed reliable but is notto guaranteed and should represented byinformation a real estate broker, this is not an attempt solicit your listing.be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. © 2019 Engel & Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. Each property shop is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing.

ID AM-155542

ID AM-155542 ID AM-155542

Available Exclusive Listing

Classic Pre-war Brooklyn Heights 114 Clinton St. 3G · Brooklyn · NY· 11201

Classic Classic Pre-war Pre-war Brooklyn Brooklyn Heights Heights 114 Clinton St. 3G · Brooklyn · NY· 11201 Bedrooms Bedrooms · Dormitorio · Schlafzimmer 114 Clinton St. 3G · Brooklyn · NY· 11201 Bathrooms Bathrooms · Baño · Badezimmer Bedrooms Bedrooms Sq Ft Size Size Ft Bathrooms Bathrooms Price Price · Preccio · Preis Sq Ft Size Sq Ft Size Brownstonebrooklyn.evrealestate.com

1 1 11 NA 11 $625,000 NA NA $625,000 $625,000

Price Dawn Price Silverstein Real Estate Salesperson Email: Dawn.Silverstein@EVrealestate.com Dawn Silverstein • C 917-207-6369 • dawn.silverstein@evrealestate.com Dawn Silverstein Real Mobile: 917.207.6369 Dawn Silverstein Real Estate Estate Salesperson Salesperson Email: Dawn.Silverstein@EVrealestate.com Email: Dawn.Silverstein@EVrealestate.com © Mobile: 2019 Engel & Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. 917.207.6369 Mobile: 917.207.6369 Each property is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently

©2018 Engel & Völkers. All rights reserved. Each brokerage independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.

represented by a real broker,Each thisbrokerage is not anindependently attempt toowned solicit listing. ©2018 Engel & Völkers. Allestate rights reserved. andyour operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real ©2018 Engelthis & Völkers. rightstoreserved. Each brokerage owned and operated. All information is deemed reliable but and is not guaranteed andprinciples should beof independently verified. estate broker, is not anAll attempt solicit your listing. Engelindependently & Völkers and its independent License Partners areprovided Equal Opportunity Employers fully support the the Fair Housing Act. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.

ID AM-155077

ID AM-155077 ID AM-155077

Available Exclusive Listing

Trendy Prospect Heights

675 Vanderbilt Ave 1C · Brooklyn · NY· 11238

Trendy Prospect Trendy Prospect Heights Heights 675 Vanderbilt Ave 1C · Brooklyn · NY· 11238 Bedrooms Bedrooms · Dormitorio · Schlafzimmer 675 Vanderbilt Ave 1C · Brooklyn · NY· 11238 Bathrooms · Baño · Badezimmer Bathrooms Bedrooms Bedrooms Ft Size Sq Size Bathrooms Bathrooms Price · Preccio · Preis Sq Ft Size Sq Ft Size Brownstonebrooklyn.evrealestate.com

1 1 1 1 NA 1 1 $535,000 NA NA $535,000 $535,000

©2018 Engel & Völkers. All rights reserved. Each brokerage independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.

represented by a real broker,Each thisbrokerage is not an attempt toowned solicit listing. ©2018 Engel & Völkers. Allestate rights reserved. independently andyour operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real ©2018broker, Engel this & Völkers. rights to reserved. Eachlisting. brokerage independently owned and operated. All information is deemed reliable but is notfully guaranteed should be of independently verified. estate is not anAll attempt solicit your Engel & Völkers and its independent License Partners areprovided Equal Opportunity Employers and support and the principles the Fair Housing Act.If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.

AM-156387 AM-156387 AM-156387 AM-156387

Available Exclusive Listing

Alcove Studio | Co-op 85 Livingston St #5O · Downtown Brooklyn · NY · 11201 Alcove Studio | Co-op 85 Livingston St #5O · Downtown Brooklyn · NY · 11201 Alcove Studio Studio | | Co-op Alcove Co-op 85 Livingston St #5O · Downtown Brooklyn · NY · 11201 Price · Preccio · Prix 85 Livingston St #5O · Downtown Brooklyn · NY · 11201 Maintenance Alimenti · Pension Alimentaire Price · Preccio ··Prix

www.brownstonebrooklyn.evrealestate.com Brownstonebrooklyn.evrealestate.com Maintenance · Alimenti · Pension Alimentaire Price · Preccio · Prix Deborah 'Debi' Pine C 804-512-1021 Price · Preccio · Prix www.brownstonebrooklyn.evrealestate.com Maintenance · Alimenti · Pension Alimentaire debi.pine@evrealestate.com Maintenance · Alimenti Alimentaire Deborah 'Debi' Pine C· Pension 804-512-1021 www.brownstonebrooklyn.evrealestate.com www.brownstonebrooklyn.evrealestate.com debi.pine@evrealestate.com Deborah 'Debi' Pine C 804-512-1021 Deborah 'Debi' ‘Debi’ Pine C • C804-512-1021 804-512-1021 • debi.pine@evrealestate.com Deborah Pine debi.pine@evrealestate.com debi.pine@evrealestate.com

$495,000 $1,087 $495,000

$1,087 $495,000 $495,000 $1,087 $1,087

©2018 Engel & Völkers. All rights reserved. Each brokerage independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.

EachEngel property is independently owned and operated. All information provided is deemed reliable but isreliable not guaranteed and should be be independently verified. If your property is represented currentlyby a real ©2018 & Völkers. All rights reserved. Each brokerage independently owned and operated. All information provided is deemed but is not guaranteed and should independently verified. If your property is currently estate broker, this is not an solicit your listing. Engel &attempt Völkers and its independent License Partners areprovided Equal Opportunity Employers fully support the the Fair Housing Act. If your property is currently represented by a real represented by a real estate broker, this is not an toowned solicit listing. ©2018 Engel & Völkers. Allattempt rights to reserved. Each brokerage independently andyour operated. All information is deemed reliable but and is not guaranteed andprinciples should beofindependently verified. estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.

ID AM-155982

ID AM-155982 ID AM-155982

Available Exclusive Listing

Perfect Starter Apartment

305 Prospect Place 4C · Brooklyn · NY· 11238

Perfect Perfect Starter Starter Apartment Apartment Bedrooms

305 Place ·· Brooklyn Bedrooms · Dormitorio · Schlafzimmer 305Prospect Prospect Place 4C 4C Brooklyn ·· NY· NY· 11238 11238 Bathrooms · Baño · Badezimmer Bathrooms

1 1 11 NA 11 $425,000 NA NA $425,000 $425,000

Bedrooms Bedrooms Ft Sq Ft Size Size Bathrooms Bathrooms Price Price · Preccio · Preis Sq Ft Size Sq Ft Size Brownstonebrooklyn.evrealestate.com Price Dawn Price Silverstein Real Estate Salesperson Email: Dawn.Silverstein@EVrealestate.com Dawn Silverstein • C 917-207-6369 • dawn.silverstein@evrealestate.com Dawn Real Mobile: 917.207.6369 Dawn Silverstein Silverstein Real Estate Estate Salesperson Salesperson Email: Dawn.Silverstein@EVrealestate.com Email: Dawn.Silverstein@EVrealestate.com © 2019 Engel & Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. Mobile: 917.207.6369 Mobile: 917.207.6369 Each property is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently

©2018 Engel & Völkers. All rights reserved. Each brokerage independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.

represented by a real estate broker, this is not an attempt to solicit your listing.

©2018 Engel & Völkers. All rights reserved. Each brokerage independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real ©2018 Engel & Völkers. All rights reserved. Each brokerage independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.

Greenpoint

QUEENS

MANHATTAN Navy Yard

Williamsburg

DUMBO Brooklyn Heights

Downtown Brooklyn

Clinton Hill

Cobble Boerum Fort Greene Hill Hill Carroll Gardens Red Hook

Park Slope Greenwood Heights

BedfordStuyvesant

Prospect Heights

Gowanus

Windsor Terrace

Bushwick

Crown Heights

BROOKLYN Lefferts Gardens

Sunset Park

Fort Shop Locations

Hamilton DUMBO – 45 Main Street, Suite 1022

Cobble Hill – 221A Court Street

Prospect Heights – 663 Vanderbilt Avenue

Engel &Völkers Brownstone Brooklyn Office Phone: (718) 858 8238

Email: BrownstoneBrooklyn@EVRealEstate.com Web: BrownstoneBrooklyn.EVRealEstate.com @EVBrownstoneBrooklyn

Cover Photo by Arnab Dutta | IG: @arnabdt

Engel & Volkers Brownstone Brooklyn 3Q19 Market Report

Articles inside

Engel & Volkers Brownstone Brooklyn 3Q19 Market Report