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Brooklyn Mastery of the Markets 2023

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Market Leadership<br />

As <strong>the</strong> most respected residential real estate firm in all our<br />

regions, we closed a substantial number <strong>of</strong> listings and ranked<br />

as one <strong>of</strong> <strong>the</strong> Top 10 Power Brokerages by Sales Volume in <strong>the</strong><br />

country out <strong>of</strong> 86,000 firms. For <strong>the</strong> period from July 1st, 2022<br />

through December 30th, <strong>2023</strong>, our mastery <strong>of</strong> <strong>the</strong> <strong>Brooklyn</strong><br />

market includes:<br />

Total <strong>of</strong> $589 Million in Sales Achieved by BHS <strong>Brooklyn</strong>,<br />

<strong>2023</strong><br />

comprised <strong>of</strong> 418 Transactions.<br />

50% <strong>of</strong> transactions were under $1,000,000.<br />

50% <strong>of</strong> transactions were over $1,000,000.<br />

19% <strong>of</strong> transactions were over $2,000,000.<br />

4% <strong>of</strong> transactions were over $4,000,000.<br />

Recent Notable Sales over $4,000,000 :<br />

We set <strong>the</strong> record for <strong>the</strong> highest Co-op ever sold in <strong>Brooklyn</strong>:<br />

1 Pierrepont Street, Penthouse - $9,000,000 (January ‘23)<br />

We set <strong>the</strong> record for <strong>the</strong> highest sale <strong>of</strong> a 2-Family Townhouse:<br />

18 Remsen Street - $18,300,000 (‘22)<br />

88 REMSEN STREET .............$18,300,000<br />

469 HENRY STREET ..............$11,000,000<br />

1440 PACIFIC STREET ..............$9,150,000<br />

1 PIERREPONT STREET ...........$9,000,000<br />

83 ST MARKS PLACE ..............$7,600,000<br />

635 10TH STREET ................. $4,995,000<br />

286 STERLING PLACE ............. $4,980,000<br />

29 PROSPECT PLACE ............$4,950,000<br />

403 4TH STREET ..................$4,750,000<br />

306 CLERMONT AVENUE .........$4,700,000<br />

Brown Harris Stevens agents have provided generations<br />

<strong>of</strong> <strong>Brooklyn</strong> clients exceptional real estate service.<br />

We maintained our historic dominance <strong>of</strong> <strong>the</strong> borough’s<br />

high-end market throughout 2022 and into 2024, and<br />

we continue to break our own records.<br />

Brown Harris Stevens knows <strong>Brooklyn</strong>. We’ve been in <strong>the</strong> borough for<br />

over four decades, strategically growing our footprint and establishing<br />

ourselves as a leader in <strong>the</strong> market. BHS <strong>Brooklyn</strong> agents live where <strong>the</strong>y<br />

work, and <strong>the</strong>ir love <strong>of</strong> <strong>the</strong>ir communities is evident in <strong>the</strong>ir unwavering<br />

dedication to <strong>the</strong>ir clients. Our agents are <strong>the</strong> most experienced in<br />

<strong>Brooklyn</strong>, with <strong>the</strong> highest average years <strong>of</strong> sales experience among<br />

all firms. They partner with clients on all types <strong>of</strong> properties and price<br />

points, thoughtfully counseling <strong>the</strong>m through each transaction while<br />

ensuring <strong>the</strong>y get <strong>the</strong> most out <strong>of</strong> <strong>the</strong>ir real estate investments.<br />

Over <strong>the</strong> years, we have expanded our presence in <strong>Brooklyn</strong>,<br />

establishing <strong>of</strong>fices in <strong>Brooklyn</strong> Heights, Park Slope, Cobble Hill,<br />

South Slope, and Bay Ridge. Our expansion underscores our<br />

dedication to serving <strong>the</strong> borough’s diverse neighborhoods.<br />

Above all else, we at Brown Harris Stevens are committed to<br />

operating with pr<strong>of</strong>essionalism, ethics, and integrity, no matter<br />

<strong>the</strong> type or size <strong>of</strong> <strong>the</strong> transaction. We are proud to support<br />

New York City’s most populous borough, upholding our 150-year<br />

legacy <strong>of</strong> premier service and industry expertise.<br />

NYC President<br />

The average BHS <strong>Brooklyn</strong> Sale was $1,409,972,<br />

18% higher than <strong>the</strong> industry wide <strong>Brooklyn</strong> average<br />

during<br />

#1<br />

<strong>the</strong> same period.<br />

#1<br />

Almanac.*<br />

Ranking in <strong>the</strong> Nation<br />

by REAL Trends with <strong>the</strong> highest<br />

average sales price per agent in <strong>the</strong> US.<br />

#2<br />

Ranking<br />

in sales volume increase (100.8%) <strong>of</strong> year-over-year business,<br />

compared to all <strong>Brooklyn</strong> firms, according to <strong>the</strong> Real Estate<br />

Brokerage in <strong>Brooklyn</strong> Closed Sales<br />

Volume Per Agent in by <strong>the</strong><br />

Real Deal.<br />

in <strong>the</strong> nation for <strong>the</strong> Fastest<br />

Growing Real Estate Company by<br />

#2Sales Volume in <strong>the</strong> U.S.<br />

*Date range (2020-2021)<br />

18 REMSEN STREET ..............$7,400,000<br />

109 WILLOW STREET .............$7,050,000<br />

627 3RD STREET ...................$6,987,500<br />

236 DEGRAW STREET ............$6,750,000<br />

60 FRONT STREET ...............$ 6,595,000<br />

429 WASHINGTON AVENUE .....$6,000,000<br />

133 STERLING PLACE .............$5,900,000<br />

28 WILLOW STREET ..............$5,800,000<br />

320 ECKFORD STREET ...........$5,450,000<br />

195 MESEROLE STREET ............$5,432,702<br />

423 COURT STREET ...............$5,346,458<br />

300 PROSPECT PLACE ........... $5,295,000<br />

94 PARK PLACE ....................$5,100,000<br />

113 CONGRESS STREET ...........$5,000,000<br />

We have set numerous neighborhood sales records over<br />

<strong>the</strong> years, recently with <strong>the</strong> highest price achieved in:<br />

Bedford-Stuyvesant, Fort Greene, and <strong>Brooklyn</strong> Heights<br />

BHS Development Marketing<br />

Over 60 completed new developments in <strong>Brooklyn</strong>, representing over 2,500 units<br />

and $7 Billion in sales to date.<br />

168 PLYMOUTH STREET ...........$4,631,000<br />

169 MONTROSE AVENUE ......... $4,585,000<br />

168 DEAN STREET ................$4,340,000<br />

398 STATE STREET ................$4,325,000<br />

1 CLINTON STREET ................$4,251,078<br />

367 GREENE AVENUE .............$4,240,000<br />

45 DUFFIELD STREET .............$4,200,000<br />

14 SCHERMERHORN STREET .....$4,100,000<br />

1 PIERREPONT STREET ............$4,100,000<br />

101 WARREN STREET ..............$4,100,000<br />

75 LIVINGSTON STREET .........$4,075,000<br />

585 4TH STREET ..................$4,030,000<br />

266 15TH STREET .................$4,000,000


All-Time<br />

NYC<br />

We have provided generations <strong>of</strong> clients exceptional expertise in<br />

real estate service for more than 150 years. Our historic dominance<br />

<strong>of</strong> <strong>the</strong> high end <strong>of</strong> <strong>the</strong> market continued in <strong>2023</strong>. We frequently and<br />

continuously break our own records.<br />

Co-Ops<br />

Four <strong>of</strong> <strong>the</strong> Top 5 highest prices ever paid for a Co-Op.<br />

Five <strong>of</strong> <strong>the</strong> Top 10 highest prices ever paid for a Co-Op.<br />

Ten <strong>of</strong> <strong>the</strong> Top 20 highest prices ever paid for a Co-Op.<br />

Forty percent <strong>of</strong> <strong>the</strong> Top 50 prices ever paid for a Co-Op.<br />

( * excluding <strong>of</strong>f-market properties )<br />

Condos<br />

The highest price ever paid for a non-new development Resale Condo.<br />

Two <strong>of</strong> <strong>the</strong> Top 10 highest prices ever paid for a non-new development<br />

Resale Condo.<br />

Townhouses<br />

The highest price ever paid for a Townhouse.<br />

Two <strong>of</strong> <strong>the</strong> Top 4 highest prices ever paid for a Townhouse.<br />

Seven <strong>of</strong> <strong>the</strong> Top 15 highest prices ever paid for a Townhouse.<br />

Forty-four percent <strong>of</strong> <strong>the</strong> Top 25 prices ever paid for a Townhouse.<br />

Forty-seven percent <strong>of</strong> <strong>the</strong> Top 50 prices ever paid for a Townhouse.<br />

We were named a <strong>2023</strong> GameChanger by RealTrends for achieving<br />

163% TRANSACTION GROWTH OVER THE LAST 5 YEARS.<br />

One <strong>of</strong> only 18 firms nationwide to receive this designation.<br />

Connecticut<br />

we are a leader in Lower Fairfield County<br />

in sales <strong>of</strong> waterfront homes and hold<br />

records for highest prices in New Canaan,<br />

Darien, Stamford, and Rowayton.<br />

New Jersey<br />

we sell more homes over $1M than any<br />

o<strong>the</strong>r firm in our markets.<br />

The Hamptons<br />

we have achieved record sales throughout<br />

<strong>the</strong> East End for over 30 years.<br />

Miami<br />

we hold <strong>the</strong> record for <strong>the</strong> highest price<br />

ever paid for a Condo.<br />

Palm Beach<br />

we had 1/4 <strong>of</strong> all single-family home sales<br />

in all <strong>of</strong> Palm Beach last year.<br />

Nationwide<br />

we are ranked #1 in <strong>the</strong> Nation by<br />

REAL Trends with <strong>the</strong> highest average<br />

sales price per agent in <strong>the</strong> US.<br />

As <strong>of</strong> January 1, 2024

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