RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods...

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# P: 718-715-1758 www.PropertyShark.com [email protected] MANHATTAN RESIDENTIAL MARKET REPORT February 2020

Transcript of RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods...

Page 1: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

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MANHATTANRESIDENTIAL MARKET REPORT

February 2020

Residential Market Report Overview

Page 2: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Residential Market Report Overview

The Manhattan Market Report is organized in six distinct sections and it is designed as a guide to the

borough’s residential market. The report includes key market stats, the most up-to-date monthly sales

data, and charts that give a clear picture of current market conditions.

The first section - Residential Market Overview - shows the borough’s median sale price per property and

per square foot, together with trends and changes over the past year. The second section informs on the

borough’s most expensive sales for each residential property type included: single-family homes, condo

and co-op units.

Then, the last four sections of the report take a closer look at Manhattan’s neighborhoods: informative

sales maps are complemented by a section dedicated to the borough’s most expensive neighborhoods

ranked by median sales price per square foot. Each Manhattan neighborhood has a dedicated one-page

snapshot, which includes a short description of the neighborhood’s profile, plus useful sales stats: median

sale price, median sale price per square foot, number of transactions and a breakdown by type of

residential properties sold.

Table of Contents

123456

Residential Market Overview

Top 10 Residential Sales

Map of Neighborhoods

Top Neighborhoods

Sales Maps

Stats by Neighborhood

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Residential Market Overview

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Coop

Condo

Single family

24% YoY

No. of Transactions

-12% YoY

Median Price/Sq.ft.

-2% YoY

Median Sale Price

Residential Market Overview

Manhattan, February 2020

$1.1M $1,225 1,010

$1,368

$

$1,000

$2,000

$3,000

$4,000

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median price/sq.ft.

$5.1M 7

0

10

20

30

40

0

$5.0M

$10.0M

$15.0MMedian price / No. of Transactions

$1,352

$

$500

$1,000

$1,500

$2,000

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median price/sq.ft.

$1.6M 398

0

200

400

600

800

1000

0

$500K

$1.0M

$1.5M

$2.0M

$2.5MMedian price / No. of Transactions

$1,059

$900

$950

$1,000

$1,050

$1,100

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median price/sq.ft.

$840K602

0

200

400

600

800

0

$200K

$400K

$600K

$800K

$1.0MMedian price / No. of Transactions

1

Top 10 Residential Sales

Page 4: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

$3,848

-

-

$2,500

$2,500

$2,917

-

-

-

Lincoln Square

Central Midtown

Central Midtown

Central Midtown

Central Midtown

Carnegie Hill

Lenox Hill

Central Midtown

Central Midtown$8,033,817

10-Feb-20

18-Feb-20

18-Feb-20

18-Feb-20

18-Feb-20

04-Feb-20

11-Feb-20

18-Feb-20

18-Feb-20

3,300

-

-

4,000

4,000

3,000

-

-

-

Neighborhood

Central Park South

Lenox Hill

Central Park South

-

-

2

3

4

5

6

7

8

9

10

101 Central Park W #12E

417 Park Ave #12BC

417 Park Ave #7W

417 Park Ave #4W

417 Park Ave #8W

930 Park Ave #12N

800 Park Ave #14

417 Park Ave #SRPH

417 Park Ave #6W

$12,700,000

$11,681,850

$11,524,995

$9,999,900

$9,999,900

$8,750,000

$8,700,000

$8,403,742

Neighborhood

Upper West Side

Lenox Hill

#

1

2

3

4

5

Address

220 Central Park S #61

610 Park Ave #PH16E

220 Central Park S #57B

45 E 22nd St #PHB

45 E 22nd St #PHA

Sale Price

$51,421,625

$32,000,000

$28,640,950

$24,845,250

$19,361,423

Sale Date

24-Feb-20

14-Feb-20

18-Feb-20

21-Feb-20

21-Feb-20

Sq.ft.

5,935

3,218

3,211

6,032

#

1

2

Address

22 W 74th St

167 E 69th St

Sale Price

$18,200,000

$11,000,000

Sale Date

05-Feb-20

24-Feb-20

Sq.ft.

9,325

4,822

Price/Sq.ft.

$1,952

$2,281

7,048

Price/Sq.ft.

$8,664

$9,944

$8,920

$4,119

$2,747

2,760

40 E End Ave #6C

545 W 30th St #PH87A

53 W 53rd St #53B

9

10 -

Neighborhood

Upper West Side

Sq.ft.

3,550

Sale Date

Greenwich Village

Central Park South

Lenox Hill

Harlem

West Village

Harlem

-

$1,487

$946

$1,250

$617

-

$4,530

$4,006

3,951

3,466

3,477

3,323

-

Hudson Yards

01-Feb-20

3,081

-

-

-

21-Feb-20

$13,000,000

$11,850,000

$16,300,000

7

8

155 W Eleventh St #9A

157 W 57th St #50C

6

7

8

-

1

Price/Sq.ft.

$5,775

$3,912

-

11-Feb-20

-

-

-

-

-

-

-

-

Central Midtown

19-Feb-20

04-Feb-20

$13,927,603

$15,700,000

#

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04-Feb-20

Sale Price

$20,500,000

Address

211 Central Park W #15D

$4,126

-

-

-

$5,875,000

$4,250,000

$3,450,000

$1,900,000

9

10

314 E 69th St

250 W 139th St

22 Jane St

465 W 144th St

-

3

4

5

3,952

4,492

-

6

-

-

-

-

-

12-Feb-20

03-Feb-20

28-Feb-20

27-Feb-20

Coop

Condo

Single family

Top 10 Residential Sales

Manhattan, February 2020

2

Map of Neighborhoods

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Map of Neighborhoods

Manhattan, February 2020

3

Top Neighborhoods

Page 6: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

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$1,150,000

-

-

-

-

-

-

$610,000

$1,019,000

$565,129

$4,075,000

$791,250

$990,000

$1,650,000

$1,425,000

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48

18

27

12

14

18

38

No. of

sales

8

-

-

$1,925,000

$2,102,560

$2,670,000

$4,000,000

$1,330,000

$1,250,000

$3,375,000

$1,592,500

Coop

-

$1,299,000

$4,439,108

$600,000

$852,750

$2,187,500

$415,000

-

-

$3,450,000

13

3

4

5

6

7

8

NoMad

TriBeCa

Gramercy Park

$1,586

$1,576

$1,550

$1,791

$1,733

Greenwich Village

$1,597

Neighborhood

Two Bridges

Central Park South

Central Midtown

Lower East Side

West Village

SoHo

$1,838

$1,080,000

$766,209

Single family

-

-

9

10

11

12

Median sale price

Condo

$1,441,429

$8,762,500

$3,017,020

$1,275,000

$1,900,000

$2,988,780

$915,000

12

66

11

20

7

$1,825,000

$3,792,780

$920,000

$982,500

$3,375,000

Median sale

price

$1,441,429

$1,679

$1,667

$1,667

$1,611

Median

price/sq.ft.

$2,0741

2

Clinton - Hell's Kitchen

East Village

Flatiron District

$1,724

#

14 Lincoln Square $1,500 $1,809,248 75 $2,300,000 $710,000 -

31

Manhattan Valley

Chelsea

Carnegie Hill

Chinatown

Upper West Side

Battery Park City

Lenox Hill

Murray Hill

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

$1,451

$1,423

$1,244

$1,231

$1,214

$1,200

$1,179

$1,107

$1,083

$1,061

$1,057

$1,042

$1,023

$971

$883

$756

$532

Kips Bay

Theatre District - Times Square

Financial District

Yorkville

Turtle Bay

Sutton Place

Harlem

Washington Heights

Inwood

$1,255,000

$1,120,281

$832,500

$632,500

$1,125,000

$640,000

$525,135

$399,000

$1,030,394

$970,000

$1,800,000

$1,950,000

$1,162,500

$960,000

$1,100,000

$691,000

$675,000

7

29

48

13

32

45

29

6

12

44

35

3

84

10

105

23

19

$1,367,500

$1,295,000

$746,000

$960,000

$1,710,000

$860,000

$783,468

-

$945,000

$1,560,000

$2,375,000

$1,950,000

$1,200,000

$960,000

$1,675,000

$1,120,000

$707,500

$225,000

$840,000

$943,750

$499,000

$1,105,000

$387,000

$492,500

$399,000

$1,030,394

$747,500

$1,737,500

-

$1,067,500

-

$902,500

$517,500

$675,000

-

-

-

-

-

$3,075,000

-

-

-

-

-

-

$18,200,000

-

$8,437,500

-

-

Top Neighborhoods

Manhattan, February 2020

This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft.

Only neighborhoods with a minimum of 3 property sales where square footage is available were considered.

4

Sales Maps

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The map displays Price per sq.ft. for properties

sold in the last 5 years.

Price / Sq.ft.

The map displays the median sale price

changes in the last 10 years. The analysis is

based only on residential sales.

Home Price Changes by

Neighborhood

Sales Maps

Manhattan, February 2020

5

Page 8: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

- - - - 0

Y-o-Y

-36%

- --

Houses

Transactions

10

0

Battery Park City

Median sale price/sqft

$1,200

Y-o-Y

-25%

Manhattan, February 2020

Property Type

Condos

Coops

Median sale price

$960,000

-

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Type of Properties Sold

0% YoY

Number of Transactions

-25% YoY

Median Sale Price per Sq.ft.

-36% YoY

Median Sale Price

More than a 1/3rd of Battery Park City is made up of parkland, which

makes it a top choice for buyers looking for a garden oasis in Lower

Manhattan. This quaint neighborhood, built in 1979, is also home to a

Whole Foods Market, museums, two baseball fields, and a host of family-

friendly restaurants.

$960K

$ $500K $1.0M $1.5M $2.0M $2.5M $3.0M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$960K

$1,200

$

$500

$1,000

$1,500

$2,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,200

10

0

5

10

15

20

25

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

10

6

Page 9: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

17%

-12% 31

Transactions

466%

-17%

Median sale price/sqft

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Y-o-Y

$1,596

$1,140

Condos

Coops

Median sale price

$2,375,000

$1,737,500

Carnegie HillManhattan, February 2020

Property Type Y-o-Y

Type of Properties Sold

-3% YoY

Number of Transactions

-8% YoY

Median Sale Price per Sq.ft.

-5% YoY

Median Sale Price

Nestled on the Upper East Side, Carnegie Hill is a top choice for buyers

who want a small-town feel in the middle of Manhattan. A wide variety

of property types are available here, including apartments, historic

brownstones, newer condos, and mansions. Old and new trees alike line

avenues that are home to offices, storefronts, and residential buildings.

$1.8M

$ $500K $1.0M $1.5M $2.0M $2.5M $3.0M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$1.8M

$1,244

$

$500

$1,000

$1,500

$2,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,244

35

0

20

40

60

80

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

35

7

Page 10: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

Central MidtownManhattan, February 2020

Property Type Y-o-Y Y-o-Y

Condos

Coops

Median sale price

$3,017,020

$4,439,108

-45%

129%

Transactions

21

45

-17%

536%

Median sale price/sqft

$1,452

$2,079

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Type of Properties Sold

136% YoY

Number of Transactions

-13% YoY

Median Sale Price per Sq.ft.

186% YoY

Median Sale Price

As the name implies, Central Midtown is smack dab in the middle of it

all. This quintessential New York neighborhood may seem at first glance

to be all office spaces and skyscrapers, with honking horns and neon

signs galore, but a walk down the side streets uncovers relatively quiet

family-orientated condos and co-op buildings.

$3.8M

$

$1.0M

$2.0M

$3.0M

$4.0M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$3.79M

$1,791

$

$500

$1,000

$1,500

$2,000

$2,500

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,791

66

0

20

40

60

80

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

66

8

Page 11: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

Transactions

7

6

-3%

41%

Median sale price/sqft

$3,319

$1,346

-9%

-

Central Park SouthManhattan, February 2020

Property Type Y-o-Y Y-o-Y

Condos

Median sale price

$8,762,500

$1,299,000

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Coops

Type of Properties Sold

-14% YoY

Number of Transactions

-49% YoY

Median Sale Price per Sq.ft.

-66% YoY

Median Sale Price

$1.8M

$ $5.0M

$10.0M $15.0M $20.0M $25.0M $30.0M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$1.82M

$1,838$

$2,000

$4,000

$6,000

$8,000

$10,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,838

12

0

5

10

15

20

25

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

12

9

Page 12: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

$1,285

P: 718-715-1758 www.PropertyShark.com [email protected]

$747,500 8%

Transactions

18

27

ChelseaManhattan, February 2020

Property Type Y-o-Y Y-o-Y

Condos

Coops

Median sale price

$1,560,000 -8%-35%

23%

Median sale price/sqft

$1,550

Type of Properties Sold

52% YoY

Number of Transactions

-6% YoY

Median Sale Price per Sq.ft.

13% YoY

Median Sale Price

Chelsea is one of the most popular neighborhoods in Manhattan and

manages to balance being a cultural capital of the city while still

maintaining its cozy residential feel. Points of interest include Chelsea

Market, which takes up an entire city block and is home to the Food

Network studios and Chelsea Piers, a 28-acre waterfront sports village.

$970K

$

$500K

$1.0M

$1.5M

$2.0M

$2.5M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$970K

$1,423

$

$500

$1,000

$1,500

$2,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,423

44

0

20

40

60

80

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

44

10

Page 13: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

Chinatown

P: 718-715-1758 www.PropertyShark.com [email protected]

Transactions

3

0

144%

-

Median sale price/sqft

$1,231

-

Manhattan, February 2020

Property Type Y-o-Y Y-o-Y

Condos

Coops

Median sale price

$1,950,000

-

-3%

-

Type of Properties Sold

-40% YoY

Number of Transactions

-3% YoY

Median Sale Price per Sq.ft.

144% YoY

Median Sale Price

In Chinatown, residents have access to a wide range of unique

restaurants, open-air fish markets, and many places to explore. Most

housing is in centuries-old tenement-style buildings, which leads to a

very dense and bustling atmosphere. There are several subway lines to

Chinatown and easy access to the Soho neighborhood make it a popular

choice.

$2.0M

$

$500K

$1.0M

$1.5M

$2.0M

$2.5M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$1.95M

$1,231

$

$500

$1,000

$1,500

$2,000

$2,500

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,231

3

02468

1012

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

3

11

Page 14: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

Coops

Median sale price

$1,592,500

$415,000

5%

-14%

Transactions

11

7

30%

-24%

Median sale price/sqft

$1,668

$900

Clinton - Hell's KitchenManhattan, February 2020

Property Type Y-o-Y Y-o-Y

Condos

P: 718-715-1758 www.PropertyShark.com [email protected]

Type of Properties Sold

-42% YoY

Number of Transactions

10% YoY

Median Sale Price per Sq.ft.

26% YoY

Median Sale Price

High-rises are the order of the day in some parts of Hell’s Kitchen but

there are also plenty of historic NYC condos, apartments, and residential

homes. Residents are proud of the neighborhood’s unique rough-and-

tumble vibe and buyers choose it for its convenient proximity to the lush

greens of Central Park, the theaters on Broadway, and the old-world

charm of its mom and pop shops.

$1.1M

$

$500K

$1.0M

$1.5M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$1.08M

$1,667

$

$500

$1,000

$1,500

$2,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,667

18

0102030405060

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

18

12

Page 15: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

8

19

14%

-37%

Median sale price/sqft

$1,667

-

P: 718-715-1758 www.PropertyShark.com [email protected]

East VillageManhattan, February 2020

Property Type Y-o-Y Y-o-Y

Condos

Coops

Median sale price

$1,650,000

$610,000

24%

-

Transactions

Type of Properties Sold

108% YoY

Number of Transactions

23% YoY

Median Sale Price per Sq.ft.

-41% YoY

Median Sale Price

Home to a number of artistic movements including punk rock and the

Nuyorican literary movement, East Village is a diverse community with a

unique artistic vibe and vibrant 24/7 nightlife. The neighborhood is home

to parks, indie record stores, and budget-minded eateries. Housing

options here include co-ops, condos, and some rare examples of the

townhouse.

$766K

$

$500K

$1.0M

$1.5M

$2.0M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$766K

$1,667

$

$500

$1,000

$1,500

$2,000

$2,500

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,667

27

0

10

20

30

40

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

27

13

Page 16: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

P: 718-715-1758 www.PropertyShark.com [email protected]

Financial DistrictManhattan, February 2020

Property Type Y-o-Y Y-o-Y

Condos

Coops

Median sale price

$1,295,000

$840,000

-9%

-14%

Transactions

19

10

15%

-14%

Median sale price/sqft

$1,089

$853

Type of Properties Sold

7% YoY

Number of Transactions

-8% YoY

Median Sale Price per Sq.ft.

1% YoY

Median Sale Price

Also referred to as FiDi, the Financial District is home to the headquarters

of many financial powerhouses and includes the New York Stock

Exchange and Federal Reserve Bank. The population of this

neighborhood almost doubled from 23,000 in 2000 to 43,000 in 2014,

thanks to buyers looking for a conveniently located, quiet, and safe place

to call home.

$1.1M

$

$500K

$1.0M

$1.5M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$1.12M

$1,057

$

$500

$1,000

$1,500

$2,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,057

29

0

10

20

30

40

50

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

29

14

Page 17: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

Flatiron DistrictManhattan, February 2020

Property Type Y-o-Y Y-o-Y

Condos

Coops

Median sale price

$1,425,000

$1,019,000

3%

2%

Transactions

6

7

-46%

-41%

Median sale price/sqft

$1,643

$1,433

P: 718-715-1758 www.PropertyShark.com [email protected]

Type of Properties Sold

-8% YoY

Number of Transactions

3% YoY

Median Sale Price per Sq.ft.

-46% YoY

Median Sale Price

This bustling neighborhood is the epitome of New York’s metropolitan

mystique. Both laid-back and fast-paced, men in suits share the sidewalk

with skateboarders. Madison Square Park is both a spot to relax and a

venue for arts events, and there are a lot of galleries in the area. In fact, a

walk through the Flatiron District can sometimes feel like a jaunt through

the worlds of fashion, art and design.

$1.3M

$ $500K $1.0M $1.5M $2.0M $2.5M $3.0M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$1.27M

$1,611

$$500

$1,000$1,500$2,000$2,500$3,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,611

12

05

1015202530

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

12

15

Page 18: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

Y-o-Y

Condos

Coops

Median sale price

$2,670,000

$791,250

-5%

19%

Gramercy ParkManhattan, February 2020

Property Type Y-o-Y

www.PropertyShark.com [email protected]: 718-715-1758

Transactions

7

31

32%

2%

Median sale price/sqft

$1,929

$1,297

Type of Properties Sold

6% YoY

Number of Transactions

-10% YoY

Median Sale Price per Sq.ft.

-20% YoY

Median Sale Price

Known as a safe and quiet community, Gramercy Park’s nickname is

“Block Beautiful,” thanks to its historic buildings and lush landscaping.

Buyers can find generous backyards attached to the townhomes here

and small apartments with impressive amenities. The tallest building in

the area is only 20 stories high and most of the older buildings are 3 – 6

floors.

$915K

$

$500K

$1.0M

$1.5M

$2.0M

$2.5M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$915K

$1,576

$

$500

$1,000

$1,500

$2,000

$2,500

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,576

38

0

20

40

60

80

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

38

16

Page 19: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

P: 718-715-1758 www.PropertyShark.com

Transactions

8

40

[email protected]

Y-o-Y

Condos

Coops

Median sale price

$4,000,000

$990,000

12%

-12%

60%

-8%

Median sale price/sqft

$1,987

$1,366

Greenwich VillageManhattan, February 2020

Property Type Y-o-Y

Type of Properties Sold

55% YoY

Number of Transactions

-8% YoY

Median Sale Price per Sq.ft.

-3% YoY

Median Sale Price

New York history is rich in Greenwich Village. Locals have successfully

had much of it designated a historic district. It’s home to the city’s

biggest concentration of Federal-style row houses and a group of 22

homes that share a common back yard. Once known for its bohemian

attitude, the Village is now one of NYC’s most sought-after

neighborhoods.

$1.2M

$

$500K

$1.0M

$1.5M

$2.0M

$2.5M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$1.15M

$1,550

$

$500

$1,000

$1,500

$2,000

$2,500

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,550

48

0

20

40

60

80

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

48

17

Page 20: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses $3,075,000 - $781 - 2

Median sale price/sqft

$895

$725

HarlemManhattan, February 2020

P: 718-715-1758 www.PropertyShark.com [email protected]

Property Type Y-o-Y Y-o-Y

Condos

Coops

-7%

33%

Transactions

28

15

-3%

15%

Median sale price

$860,000

$387,000

Type of Properties Sold

55% YoY

Number of Transactions

-6% YoY

Median Sale Price per Sq.ft.

2% YoY

Median Sale Price

Home to the Apollo Theater, Harlem is made up of elegant row houses,

city parks with world famous landmarks like Hamilton Grange and Mount

Morris Fire Watchtower, shops, music halls, and eateries of all types and

price points. There are ten trains and 26 train stations in Harlem, which

makes it a great choice for buyers who plan to commute.

$640K

$ $200K $400K $600K $800K $1.0M $1.2M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$640K

$883

$$200$400$600$800

$1,000$1,200

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$883

45

0102030405060

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

45

18

Page 21: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

P: 718-715-1758 www.PropertyShark.com [email protected]

InwoodManhattan, February 2020

Property Type

Condos

Coops

Median sale price

-

Y-o-Y

-

-8%

Transactions

0

6$399,000

Y-o-Y

-

-20%

Median sale price/sqft

-

$532

Type of Properties Sold

100% YoY

Number of Transactions

-8% YoY

Median Sale Price per Sq.ft.

-20% YoY

Median Sale Price

Located in the northern part of Manhattan, Inwood feels far away from

the fast pace of stereotypical Manhattan, thanks to the lush, forested

parks and local salt marshes. Luckily, this distance doesn’t result in a lack

of diversity. This is a unique neighborhood for renters or buyers who

want low-key, pastoral living with easy access to the city.

$399K

$

$200K

$400K

$600K

$800K

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$399K

$532

$

$200

$400

$600

$800

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$532

6

02468

1012

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

6

19

Page 22: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Kips BayManhattan, February 2020

Property Type

Condos

Coops

Median sale price

$707,500

$675,000

Y-o-Y

-49%

26%

Median sale price/sqft

$1,156

$1,010

Y-o-Y

-9%

3%

Transactions

4

14

P: 718-715-1758 www.PropertyShark.com [email protected]

Houses - - - - 0

Type of Properties Sold

12% YoY

Number of Transactions

6% YoY

Median Sale Price per Sq.ft.

17% YoY

Median Sale Price

Though it’s dominated by buildings associated with New York University,

there are many condos and townhomes in Kips Bay as well. Residents of

this high-priced neighborhood have everything they need at their

fingertips, including a movie theater, bank, gym, 24-hour pharmacy, a

New York public library and a 44,000 square foot grocery store.

$675K

$ $200K $400K $600K $800K $1.0M $1.2M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$675K

$1,083

$

$500

$1,000

$1,500

$2,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,083

19

05

1015202530

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

19

20

Page 23: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

P: 718-715-1758 www.PropertyShark.com [email protected]

Lenox HillManhattan, February 2020

Property Type

Condos

Coops

Median sale price

$1,675,000

$902,500

Y-o-Y

-16%

-14%

Median sale price/sqft

$1,498

$907

Y-o-Y

-5%

-5%

Transactions

19

84

Houses $8,437,500 -28% $1,884 -9% 2

Type of Properties Sold

12% YoY

Number of Transactions

-3% YoY

Median Sale Price per Sq.ft.

-13% YoY

Median Sale Price

Perhaps best known as the home of Lenox Hill Hospital, there are many

luxury residences from the 1910s and ‘20s in Lenox Hill, alongside newer

co-ops, condos, and high rises. The streets are lined with boutiques, five-

star hotels, art galleries, and museums – including the Frick Collection.

There is just one subway but it is close to Central Park.

$1.1M

$

$500K

$1.0M

$1.5M

$2.0M

$2.5M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$1.1M

$1,179

$

$500

$1,000

$1,500

$2,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,179

105

0

50

100

150

200

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

105

21

Page 24: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

Y-o-Y

-1%

18%

Transactions

45

30

Median sale price

$2,300,000

$710,000

Y-o-Y

12%

-5%

Lincoln SquareManhattan, February 2020

Property Type

Condos

Coops

Median sale price/sqft

$1,519

$1,150

P: 718-715-1758 www.PropertyShark.com [email protected]

Type of Properties Sold

92% YoY

Number of Transactions

5% YoY

Median Sale Price per Sq.ft.

51% YoY

Median Sale Price

Home to the Lincoln Center for the Performing Arts, Lincoln Square

draws culture aficionados looking for a classic neighborhood with style,

history, and charm. The myriad attractions include the New York Society

for Ethical Culture, Stage 72, and The Kaufman Music Center. Proximity

to Midtown and the numerous subways make it a commuter’s dream.

$1.8M

$

$500K

$1.0M

$1.5M

$2.0M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$1.81M

$1,500

$

$500

$1,000

$1,500

$2,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,500

75

0

20

40

60

80

100

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

75

22

Page 25: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

Transactions

6

6

P: 718-715-1758 www.PropertyShark.com [email protected]

Lower East SideManhattan, February 2020

Property Type

Condos

Coops

Median sale price

$1,330,000

$600,000

Y-o-Y

-30%

-17%

Median sale price/sqft

$1,733

-

Y-o-Y

-13%

-

Type of Properties Sold

-48% YoY

Number of Transactions

-13% YoY

Median Sale Price per Sq.ft.

6% YoY

Median Sale Price

One of the oldest neighborhoods in NYC, Lower East Side Manhattan is

one of the most fashionable neighborhoods in the city. With indie

boutiques, some of the best restaurants in the world, numerous art

galleries, the famous Katz’s Delicatessen, and the Tenement Museum,

this neighborhood is rich with both history and contemporary amenities.

$920K

$

$500K

$1.0M

$1.5M

$2.0M

$2.5M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$920K

$1,733

$

$500

$1,000

$1,500

$2,000

$2,500

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,733

11

0

10

20

30

40

50

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

11

23

Page 26: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

Manhattan Valley

Y-o-Y

45%

-

Transactions

7

6

P: 718-715-1758 www.PropertyShark.com [email protected]

Manhattan, February 2020

Property Type

Condos

Coops

Median sale price

$945,000

$1,030,394

Y-o-Y

16%

106%

Median sale price/sqft

$1,451

$1,474

Type of Properties Sold

9% YoY

Number of Transactions

45% YoY

Median Sale Price per Sq.ft.

41% YoY

Median Sale Price

Formerly known as the Bloomingdale District, Manhattan Valley is made

up of a combination of new developments and pre-war buildings. The

ample green spaces and access to three subway lines attract both

commuters and families. Columbus Square, an expanding new

development, has hundreds of condos, 500,000+ square feet of retail

space, and eateries.

$1.0M

$ $200K $400K $600K $800K $1.0M $1.2M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$1.03M

$1,451

$

$500

$1,000

$1,500

$2,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,451

12

0

10

20

30

40

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

12

24

Page 27: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Murray HillManhattan, February 2020

Property Type

Condos

Coops

Median sale price

$1,120,000

$517,500

Y-o-Y

-11%

15%

Median sale price/sqft

$1,154

$818

Y-o-Y

-6%

-3%

Transactions

12

11

P: 718-715-1758 www.PropertyShark.com [email protected]

Houses - - - - 0

Type of Properties Sold

-4% YoY

Number of Transactions

2% YoY

Median Sale Price per Sq.ft.

23% YoY

Median Sale Price

More affordable than surrounding neighborhoods, Murray Hill is safe,

made up primarily of modern and well-maintained residences, and is

known for its wide variety of ethnic eateries. Public transportation is less

comprehensive than other Manhattan neighborhoods , but many buyers

consider that the vivid nightlife and lower prices make the compromise

well worthwhile .

$691K

$

$500K

$1.0M

$1.5M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$691K

$1,107

$

$500

$1,000

$1,500

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,107

23

0

20

40

60

80

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

23

25

Page 28: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

$576

Y-o-Y

-9%

-39%

Transactions

11

3Coops

Median sale price

$1,925,000

$565,129

Y-o-Y

-11%

-25%

NoMadManhattan, February 2020

Property Type

Condos

Median sale price/sqft

$1,641

P: 718-715-1758 www.PropertyShark.com [email protected]

Type of Properties Sold

8% YoY

Number of Transactions

-7% YoY

Median Sale Price per Sq.ft.

-6% YoY

Median Sale Price

The name NoMad, which stands for North of Madison Square Park, has

only been in use since 1999 but this neighborhood has a rich and storied

history. New restaurants, buildings, and shops are popping up

everywhere and residents consider it a perfect balance between the

convenience of Midtown and the trendiness Downtown is known for.

$1.9M

$

$1.0M

$2.0M

$3.0M

$4.0M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$1.9M

$1,597

$

$500

$1,000

$1,500

$2,000

$2,500

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,597

14

0

10

20

30

40

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

14

26

Page 29: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

Transactions

2

4

P: 718-715-1758 www.PropertyShark.com [email protected]

SoHoManhattan, February 2020

Property Type

Condos

Coops

Median sale price

$3,375,000

$2,187,500

Y-o-Y

-33%

-23%

Median sale price/sqft

$1,693

$1,679

Y-o-Y

-17%

-2%

Type of Properties Sold

40% YoY

Number of Transactions

-2% YoY

Median Sale Price per Sq.ft.

18% YoY

Median Sale Price

Premium shopping is just one of the draws of hip SoHo, with its

timelessly fashionable crowd and a wide array of expensive boutiques.

This is a youthful area with high rents and never-ending nightlife. While

some of the classic artists’ lofts and galleries are still there, new condos

and converted lofts have taken over the real estate landscape.

$3.4M

$ $1.0M $2.0M $3.0M $4.0M $5.0M $6.0M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$3.38M

$1,679

$$500

$1,000$1,500$2,000$2,500$3,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,679

7

0

5

10

15

20

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

7

27

Page 30: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

Sutton Place

Y-o-Y

-16%

-9%

Transactions

3

29

P: 718-715-1758 www.PropertyShark.com [email protected]

Manhattan, February 2020

Property Type

Condos

Coops

Median sale price

$1,710,000

$1,105,000

Y-o-Y

3%

-20%

Median sale price/sqft

$1,226

$913

Type of Properties Sold

167% YoY

Number of Transactions

-7% YoY

Median Sale Price per Sq.ft.

-18% YoY

Median Sale Price

Perhaps the most upscale neighborhood in New York, Sutton Place

covers a relatively small area yet has been the backdrop for a wide range

of TV shows and movies. Nightlife is nearly nonexistent but families and

young professionals appreciate the numerous public parks, historic

buildings and the easy access to virtually every hot spot in Manhattan.

$1.1M

$

$500K

$1.0M

$1.5M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$1.12M

$971

$

$500

$1,000

$1,500

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$971

32

0

10

20

30

40

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

32

28

Page 31: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Theatre District - Times SquareManhattan, February 2020

Property Type

Condos

Coops

Median sale price

$1,367,500

$225,000

Y-o-Y

4%

-

Median sale price/sqft

$1,061

-

Y-o-Y

-27%

-

Transactions

4

2

P: 718-715-1758 www.PropertyShark.com [email protected]

Houses - - - - 0

Type of Properties Sold

75% YoY

Number of Transactions

-27% YoY

Median Sale Price per Sq.ft.

-5% YoY

Median Sale Price

The Theatre District is considered by many to be the heart of NYC.

Always energetic, always bustling, and always exciting, this

neighborhood is home to famed Broadway theaters, television studios,

and Times Square itself. Residences are mostly limited to newly built

high-rise condos and come with some of the biggest price tags in the

city.

$1.3M

$

$1.0M

$2.0M

$3.0M

$4.0M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$1.25M

$1,061

$

$500

$1,000

$1,500

$2,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,061

7

0

5

10

15

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

7

29

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Houses - - - - 0

$1,156

Y-o-Y

-19%

-15%

Transactions

12

6Coops

Median sale price

$2,102,560

$4,075,000

Y-o-Y

-54%

131%

TriBeCaManhattan, February 2020

Property Type

Condos

Median sale price/sqft

$1,630

P: 718-715-1758 www.PropertyShark.com [email protected]

Type of Properties Sold

-31% YoY

Number of Transactions

-19% YoY

Median Sale Price per Sq.ft.

-24% YoY

Median Sale Price

Most residential properties in TriBeCa were originally industrial buildings

that have been converted into condos and lofts. A former textile center,

this neighborhood includes historic buildings like the Textile Building

and Powell Building. There are tons of transit options, waterfront access,

and light-filled lofts in this popular neighborhood.

$3.0M

$

$2.0M

$4.0M

$6.0M

$8.0M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$2.99M

$1,586

$

$1,000

$2,000

$3,000

$4,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,586

18

0

20

40

60

80

100

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

18

30

Page 33: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

Transactions

3

10

P: 718-715-1758 www.PropertyShark.com [email protected]

Turtle BayManhattan, February 2020

Property Type

Condos

Coops

Median sale price

$960,000

$499,000

Y-o-Y

-29%

-26%

Median sale price/sqft

$1,118

$910

Y-o-Y

-9%

21%

Type of Properties Sold

-28% YoY

Number of Transactions

-13% YoY

Median Sale Price per Sq.ft.

-26% YoY

Median Sale Price

Located on the east side of Midtown, Turtle Bay is home to the iconic

Chrysler Building and the U.N. headquarters. Housing costs range from

affordable to multi-million dollar penthouse condos. New upscale

eateries are moving in alongside affordable neighborhood diners in this

neighborhood that’s close to Grand Central Station and public parks.

$633K

$

$500K

$1.0M

$1.5M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$633K

$1,023

$

$500

$1,000

$1,500

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,022

13

0

10

20

30

40

50

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

13

31

Page 34: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

Two Bridges

Y-o-Y

-1%

-

Transactions

8

0

P: 718-715-1758 www.PropertyShark.com [email protected]

Manhattan, February 2020

Property Type

Condos

Coops

Median sale price

$1,441,429

-

Y-o-Y

-1%

-

Median sale price/sqft

$2,074

-

Type of Properties Sold

700% YoY

Number of Transactions

-1% YoY

Median Sale Price per Sq.ft.

-1% YoY

Median Sale Price

Named for its location between the Brooklyn Bridge and Manhattan

Bridge, Two Bridges is just southwest of Chinatown. There are many

thriving many thriving businesses, an incredible culinary scene, and

affordable housing – all of which make it a highly desirable

neighborhood for buyers. Public transportation is available on virtually

every corner.

$1.4M

$ $500K $1.0M $1.5M $2.0M $2.5M $3.0M

Jan-1

8

May-

18

Jun-1

8

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$1.44M

$2,074

$

$500

$1,000

$1,500

$2,000

$2,500

Jan-1

8

May-

18

Jun-1

8

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$2,074

8

0

20

40

60

80Number of Transactions

8

32

Page 35: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Upper West SideManhattan, February 2020

Property Type

Condos

Coops

Median sale price

$1,200,000

$1,067,500

Y-o-Y

2%

-1%

Median sale price/sqft

$1,359

$1,095

Y-o-Y

-7%

9%

Transactions

21

62

P: 718-715-1758 www.PropertyShark.com [email protected]

Houses $18,200,000 108% $1,952 33% 1

Type of Properties Sold

0% YoY

Number of Transactions

-10% YoY

Median Sale Price per Sq.ft.

6% YoY

Median Sale Price

The Upper West Side, often shortened to UWS, is conveniently situated

between Central Park and the Hudson River. This primarily residential

neighborhood has a diverse population but is known as a top choice for

business workers. Prices are higher in UWS than in most other NYC

neighborhoods but the laidback atmosphere can be worth it.

$1.2M

$

$500K

$1.0M

$1.5M

$2.0M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$1.16M

$1,214

$

$500

$1,000

$1,500

$2,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,214

84

0

50

100

150

200

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

84

33

Page 36: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

$736

Y-o-Y

56%

-15%

Transactions

2

27Coops

Median sale price

$783,468

$492,500

Y-o-Y

146%

15%

Washington HeightsManhattan, February 2020

Property Type

Condos

Median sale price/sqft

$888

P: 718-715-1758 www.PropertyShark.com [email protected]

Type of Properties Sold

4% YoY

Number of Transactions

31% YoY

Median Sale Price per Sq.ft.

30% YoY

Median Sale Price

Though less dense than other Manhattan neighborhoods, Washington

Heights offers good transportation options. This neighborhood is home

to ten outdoor parks, including Bennet Park – famous for including the

highest natural point in Manhattan. The Cloisters museum, in

Washington Heights’ Fort Tryon Park, is one of the most important

tourist attractions in North Manhattan.

$525K

$

$200K

$400K

$600K

$800K

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$525K

$756

$

$200

$400

$600

$800

$1,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$756

29

0

10

20

30

40

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

29

34

Page 37: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses $3,450,000 - $1,250 - 1

Transactions

3

15

P: 718-715-1758 www.PropertyShark.com [email protected]

West VillageManhattan, February 2020

Property Type

Condos

Coops

Median sale price

$1,250,000

$852,750

Y-o-Y

-83%

-15%

Median sale price/sqft

$2,177

$1,543

Y-o-Y

-14%

7%

Type of Properties Sold

-13% YoY

Number of Transactions

-7% YoY

Median Sale Price per Sq.ft.

-24% YoY

Median Sale Price

Made up of the western area of Greenwich Village, the West Village is a

residential area with an eclectic assortment of classic brownstones, small

eateries, services, and shops. Property prices are some of the highest in

the U.S. but with the prices come access to numerous subway lines and

cobblestone streets that feel unchanged for centuries.

$983K

$

$1.0M

$2.0M

$3.0M

$4.0M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$983K

$1,724

$$500

$1,000$1,500$2,000$2,500$3,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,724

20

0

10

20

30

40

50

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

20

35

Page 38: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

Houses - - - - 0

Yorkville

Y-o-Y

-16%

16%

Transactions

19

29

P: 718-715-1758 www.PropertyShark.com [email protected]

Manhattan, February 2020

Property Type

Condos

Coops

Median sale price

$746,000

$943,750

Y-o-Y

-51%

46%

Median sale price/sqft

$1,184

$925

Type of Properties Sold

4% YoY

Number of Transactions

7% YoY

Median Sale Price per Sq.ft.

5% YoY

Median Sale Price

Home to Gracie Mansion, the home of the New York City mayor,

Yorkville doesn’t have a single subway station and has some of the

farthest walks in all of Manhattan to any subway station. Buyers who

aren’t afraid of the walk can find affordable condos in classic walk-up

buildings and access to several universities and numerous large city

parks.

$833K

$

$500K

$1.0M

$1.5M

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price

$833K

$1,042

$

$500

$1,000

$1,500

$2,000

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Median Sale Price per Sq.ft.

$1,042

48

0

20

40

60

80

100

Jan-1

8

Feb

-18

Mar-

18

Ap

r-18

May-

18

Jun-1

8

Jul-

18

Aug

-18

Sep

-18

Oct

-18

No

v-18

Dec-

18

Jan-1

9

Feb

-19

Mar-

19

Ap

r-19

May-

19

Jun-1

9

Jul-

19

Aug

-19

Sep

-19

Oct

-19

No

v-19

Dec-

19

Jan-2

0

Feb

-20

Number of Transactions

48

36

Attractions

Page 39: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property

P: 718-715-1758 www.PropertyShark.com [email protected]

Garden of the Cloisters Museum

Attractions

Manhattan, February 2020

Central Park

37

Page 40: RESIDENTIAL MARKET REPORT · Manhattan, February 2020 This is a ranking of Manhattan neighborhoods based on median sale price per sq.ft. Only neighborhoods with a minimum of 3 property