TerraCRG, Brooklyn’s leading investment sales firm, released its quarterly Brooklyn Market Report today, analyzing investment sales transactions by asset class across the borough.
In the first quarter of 2022, Brooklyn investment sales transactions totaled $2 billion in total dollar volume from 365 transactions. Despite a 48% dip in dollar volume from the previous quarter, the market is now surpassing pre-pandemic levels with a 32% increase over the first quarter of 2020, and a 45% increase over the fourth quarter of 2019.
Read more here.