YORKVILLE - theratnerteam.com file7 YORKVILLE A monthly analysis of residential sales in Yorkville,...

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7 YORKVILLE A monthly analysis of residential sales in Yorkville, Manhattan October 2017 Warren Lewis Sotheby's International Realty o: 718-747-8215 | c: 347-501-0860 | e: [email protected] The RATNER Team Market Report

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Page 1: YORKVILLE - theratnerteam.com file7 YORKVILLE A monthly analysis of residential sales in Yorkville, Manhattan October 2017 Residential Market Report, October 2017:DUUHQ/HZLV6RWKHE\

7

YORKVILLE

A monthly analysis of residential sales

in Yorkville, Manhattan

October 2017

Residential Market Report, October 2017

Warren Lewis Sotheby's International Realty

o: 718-747-8215 | c: 347-501-0860 | e: [email protected] RATNER Team Market Report

Page 2: YORKVILLE - theratnerteam.com file7 YORKVILLE A monthly analysis of residential sales in Yorkville, Manhattan October 2017 Residential Market Report, October 2017:DUUHQ/HZLV6RWKHE\

0% YoY

MANHATTAN

MEDIAN SALE PRICE

5% YoY

MEDIAN PRICE/SQ.FT.

83% YoY

NO. OF TRANSACTIONS

2% YoY

MEDIAN SALE PRICE

Residential Market Report, October 2017

Yorkville, Manhattan

SUMMARY

$935K 77 $1,221 $995K

NEIGHBORHOOD BOUNDARIES

Warren Lewis Sotheby's International Realty

o: 718-747-8215 | c: 347-501-0860 | e: [email protected] RATNER Team Market Report

Page 3: YORKVILLE - theratnerteam.com file7 YORKVILLE A monthly analysis of residential sales in Yorkville, Manhattan October 2017 Residential Market Report, October 2017:DUUHQ/HZLV6RWKHE\

4842

77

Nov

57

71

56

73

34

Oct

77

103

79

61

Dec

93

53

57

120

66

117

Sep

63

70

63

65

76

62

Aug

63

112

83

78

66

69

Jul

66

94

104

78

68

82

Jun

60

115

88

64

58

52

May

71

77

64

71

63

92

Apr

56

60

64

60

76

51

Mar

36

56

53

52

87

68

Feb

46

45

58

52

2016

2017

Jan

46

63

66

58

106

60

Year

2012

2013

2014

2015

Number of Transactions

Median Sale Price by Quarter

Median Sale Price by Month

RESIDENTIAL STATS

$935K

$

$200K

$400K

$600K

$800K

$1.0M

$1.2M

$1.4M

$906K

$

$200K

$400K

$600K

$800K

$1.0M

$1.2M

6051

68

52

92

6982

117

6277

0

20

40

60

80

100

120

140

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2015 2016 2017

Warren Lewis Sotheby's International Realty

o: 718-747-8215 | c: 347-501-0860 | e: [email protected] RATNER Team Market Report

Page 4: YORKVILLE - theratnerteam.com file7 YORKVILLE A monthly analysis of residential sales in Yorkville, Manhattan October 2017 Residential Market Report, October 2017:DUUHQ/HZLV6RWKHE\

Condos $1,397,753

15%

$1,312

Y-o-YProperty Type Median sale price Median sale price/sqft

Coops $725,000

Y-o-Y Transactions

-47% -4% 41

$967 6% 36

Houses - - - - 0

Number of Sales by Building Type

Type of Residential Properties Sold

Median Sale Price per Square Foot

$1,221

$

$200

$400

$600

$800

$1,000

$1,200

$1,400

$1,600

RESIDENTIAL SALES BREAKDOWN

53%

47%Condos

Coops

Houses

Warren Lewis Sotheby's International Realty

o: 718-747-8215 | c: 347-501-0860 | e: [email protected] RATNER Team Market Report

Page 5: YORKVILLE - theratnerteam.com file7 YORKVILLE A monthly analysis of residential sales in Yorkville, Manhattan October 2017 Residential Market Report, October 2017:DUUHQ/HZLV6RWKHE\

650

550

444

700

706

900

533

700

759

835

648

794

627

1,000

590

590

Coop

Coop

Coop

Coop

Condo

Coop

Coop

Coop

Coop

Condo

Coop

Condo

Coop

Coop

Coop

Coop

Condo

Coop

Condo

Condo

Condo

Condo

Condo

Coop

Coop

Condo

Condo

$619,000

$615,000

$595,000

$578,500

$570,000

$549,000

$530,000

$528,000

$475,000

$786,803

$781,000

$775,000

$757,500

$750,000

$725,000

$705,000

$649,000

$625,000

$912,000

$910,000

$895,000

$835,000

$814,600

$812,500

$800,000

$800,000

$793,217

20-Oct-17

24-Oct-17

10-Oct-17

23-Oct-17

5-Oct-17

4-Oct-17

10-Oct-17

12-Oct-17

6-Oct-17

17-Oct-17

5-Oct-17

18-Oct-17

2-Oct-17

31-Oct-17

24-Oct-17

11-Oct-17

3-Oct-17

17-Oct-17

10-Oct-17

25-Oct-17

19-Oct-17

26-Oct-17

5-Oct-17

4-Oct-17

16-Oct-17

25-Oct-17

16-Oct-17

1-01532-0015

1-01543-0014

1-01540-0034

1-01567-0040

1-01555-1200

1-01576-0001

1-01566-0017

1-01535-0042

1-01562-0005

1-01552-1333

1-01542-0019

1-01544-1016

1-01559-0010

1-01564-0047

1-01579-0015

1-01551-0005

1-01551-1012

1-01543-0009

1-01526-1260

1-01536-1402

1-01542-1089

1-01536-1588

1-01543-1216

1-01542-0019

1-01553-0020

1-01543-1313

1-01543-1332

231-235 E 86 St #5C

325 E 80 St #2G

226 E 95 St #506

414 E 88 St #2C

300 E 93 St #22C

1498-1502 York Ave #18E

437-449 E 86 St #8F

204-208 E 90 St #4W

405 E 82 St #2A

389 E 89 St #6J

333 E 79 St #2W

350 E 82 St #3C

425 E 79 St #10G

1634 1 Ave #3D

525 E 82 St #2H

305 E 88 St #3D

348 E 89 St #9E

315 E 80 St #3A

215 E 80 St #3F

1619 3 Ave #5G

301 E 79 St #8C

1619 3 Ave #21D

345 E 80 St #3H

333 E 79 St #PHZ

335 E 90 St #5F

345 E 80 St #10L

345 E 80 St #30L

Condo

973

200 E 94 St #507 1-01539-1376 $2,050,00027-Oct-17

BBL

1-01582-0034

1-01589-0002

Address

530 E 86 St #5C

19-Oct-17

31-Oct-17

Condo

Condo

Sale price

17-Oct-17

1 E End Ave #4C

1-01539-1248

1-01531-1085

5-Oct-17

Sqft

3,000

Coop

Coop

$3,862,500

$3,200,000

Sale date Property type

1,328

$2,798,200

$2,300,000

Condo$1,794,8701-01552-1419389 E 89 St #23D

1,238

245 E 93 St #10J

205 E 85 St #11E

17-Oct-17

1761 1 Ave #7C

605-609 E 82 St #4D

245 E 93 St #2C

17-Oct-17

12-Oct-17

30-Oct-17

Coop

Coop

Condo

1-01554-0023

1-01590-0007

1-01539-1067

$1,760,000

$1,700,000

$1,650,000

389 E 89 St #7F

1523-1535 2 Ave #11L

75 E End Ave #8H

345 E 93 St #17EF

510 E 80 St #15C

515 E 79 St #25C

389 E 89 St #7A

345 E 81 St #18N

510 E 86 St #6B

205 E 85 St #6B

436-444 E 86 St #14A

450 E 83 St #5K

345 E 80 St #9J

1-01552-1334

1-01544-0019

1-01582-0046

1-01531-1033

1-01565-0029

1-01562-1038

1-01543-1252

1-01552-1338

1-01525-0021

1-01590-0008

1-01556-0023

1-01576-1091

1-01576-0014

11-Oct-17

25-Oct-17

10-Oct-17

31-Oct-17

12-Oct-17

12-Oct-17

31-Oct-17

25-Oct-17

25-Oct-17

31-Oct-17

26-Oct-17

6-Oct-17

27-Oct-17

$1,367,205

$1,170,000

$1,160,000

$1,140,000

$1,040,000

$965,000

$940,688

$1,565,764

$1,500,000

$1,475,000

$1,470,000

$1,450,000

$1,395,000

Condo

Coop

Coop

Coop

Condo

Coop

Condo

Coop

Condo

Condo

1,200

640

720

733

1,238Condo$930,00023-Oct-171-01569-1002402 E 90 St #1C

1,441

1,287

1,200

1,350

1,095

Condo

Coop

Coop

LIST OF TRANSACTIONS

Warren Lewis Sotheby's International Realty

o: 718-747-8215 | c: 347-501-0860 | e: [email protected] RATNER Team Market Report

Page 6: YORKVILLE - theratnerteam.com file7 YORKVILLE A monthly analysis of residential sales in Yorkville, Manhattan October 2017 Residential Market Report, October 2017:DUUHQ/HZLV6RWKHE\

Sqft

255

Property type

Condo

Coop

Coop

Coop

Coop

Coop

Coop

Sale price

$410,000

$377,000

$365,000

$340,000

$329,500

$325,000

$18,072

Sale date

12-Oct-17

19-Oct-17

25-Oct-17

23-Oct-17

5-Oct-17

5-Oct-17

17-Oct-17

BBL

1-01534-1303

1-01549-0036

1-01552-0039

1-01578-0044

1-01562-0010

1-01542-0019

1-01554-0023

Address

237 E 88 St #104

344 E 87 St #3C

320 E 90 St #3A

512 E 82 St #4B

415 E 82 St #5B

333 E 79 St #3U

1761 1 Ave #SB13

Warren Lewis Sotheby's International Realty

o: 718-747-8215 | c: 347-501-0860 | e: [email protected] RATNER Team Market Report

Page 7: YORKVILLE - theratnerteam.com file7 YORKVILLE A monthly analysis of residential sales in Yorkville, Manhattan October 2017 Residential Market Report, October 2017:DUUHQ/HZLV6RWKHE\

THE RATNER TEAM

Residential Sales & Rental Specialist

Sandra Levykh Nate Pfa� Residential Sales &

Rental Specialist

Jessie TorresNYC Condo, Co-op &

New Development Expert

David RatnerCommercial & Residential

Brooklyn Expert

Warren Lewis Sotheby's International Realty

o: 718-747-8215 | c: 347-501-0860 | e: [email protected] RATNER Team Market Report

Page 8: YORKVILLE - theratnerteam.com file7 YORKVILLE A monthly analysis of residential sales in Yorkville, Manhattan October 2017 Residential Market Report, October 2017:DUUHQ/HZLV6RWKHE\

David Ratner

Whether it is fabulous makeovers of luxurious Brownstones, planning and unleashing the potential of world class new condominium buildings, or revitalizing commercial and mixed use develop-ments on the edge of Brooklyn and Manhattan’s trend setting frontiers you’ll be hard pressed to �nd someone as passionate, connected, and capable to help.

I o�er multilingual assistance in English, Hebrew, and Russian, and when I’m not in the o�ce or on a development site you might catch me recharging at and exploring NYC’s best restaurants, martial arts studios, or parks with my wife and Golden Retriever, Dean.

I come from a strong �nancial planning background, so bring an adeptness to the numbers and appreciation of con�dentially to the table that many others in this business simply don’t seem to o�er.

The bottom line is that I am the NYC real estate guy to best help with your questions and com-mercial real estate and investment property needs. I am YOUR real estate guy in NYC!

Awards and Recognitions:"Deal of the Year Award Winner 2016""Top 40 Stars Under 40 Award Winner 2017"

Ever since getting into NY real estate full time I’ve been able to set new records for the clients I’ve worked with, and the NYC brokerage �rms I’ve worked for. That’s not meant to brag, but an honor I’ve received and been given by the great people I’ve had the opportunity to add value to.

Today I am honored to be working the world’s best established and most respected brand in the high end real estate space – Warren Lewis Sotheby’s International Realty.

A�er falling in love with NYC, and Brooklyn in particular, I was compelled to participate in its property industry, the preserva-tion of its historic places and culture, and helping to carefully curate its future through stylish, amazing, and bene�cial new developments.

Record setting commercial real estate investment specialistwith over 16 years in sales, marketing & brand development

Commercial & Residential

Brooklyn Expert

Warren Lewis Sotheby's International Realty

o: 718-747-8215 | c: 347-501-0860 | e: [email protected] RATNER Team Market Report

Page 9: YORKVILLE - theratnerteam.com file7 YORKVILLE A monthly analysis of residential sales in Yorkville, Manhattan October 2017 Residential Market Report, October 2017:DUUHQ/HZLV6RWKHE\

I am undaunted by challenge. Bring your deal or needs list, even if no one else has been able to

help, or has tried so far. I’m con�dent I can get you the result you need.

My decade plus experience working in the country’s top �nancial institutions prior to being on the

frontline of real estate has added to my skills, as well as earning my Masters in Information Scienc-

es; gives me an edge in marketing and property management which gives my clients a huge

advantage in the market.

I can serve clients in English, French, and Spanish. And when I’m not out showing property you

might �nd me hosting a dinner party with new cuisines and wines I’ve found around the world, or

visiting your favorite international destinations for a little scuba diving or honing my Latin dance

skills.

NYC Condo, Co-op & New Development Expert

Jessie Torres

Whether you know exactly what you want and just need help

getting it, or have no idea where to start, I’m here to help!

My experience working with hundreds of NYC real estate

buyers, renters, sellers, and developers, including new proper-

ty representation has given me an incredible appreciation for

each individual’s, investor’s, and families’ tastes and needs

for their space in NYC.

Setting the benchmark for service & experiencein the NYC property market

Warren Lewis Sotheby's International Realty

o: 718-747-8215 | c: 347-501-0860 | e: [email protected] RATNER Team Market Report

Page 10: YORKVILLE - theratnerteam.com file7 YORKVILLE A monthly analysis of residential sales in Yorkville, Manhattan October 2017 Residential Market Report, October 2017:DUUHQ/HZLV6RWKHE\

My quest to �nd the most beautiful parks to read a morning book, hunt down the best cafes,

�gure out the best homes for catching regular shows and enjoying NY’s art scene, has all helped,

and means I can help you hone right in on the neighborhood or building which will maximize your

life.

Condo, co-op, single family home, rental or purchase, I can streamline your search and make

getting a great deal on your next slice of New York real estate far easier than you imagine.

I live and breathe NYC and its never sleeping symphony of culture. I can serve your in both English

and Russian. I’m sure you’ll �nd my calm demeanor, but focused energy a powerful perk in your

property search. And for those new to the city I’d love to take you on a tour of the best museums,

theaters, yoga studios, and performing arts academies.

Awards and Recognitions:"Rookie of the Year Award Winner 2016"

On arriving in Brooklyn I set o� on a journey to explore all the

best spots in the borough. I’m still on that adventure, and

every day it enables me to help someone new to �nd just

their perfect place for them to live in NYC.

There are so many diverse neighborhoods, streets, and build-

ings, even just in Brooklyn. And while they are all great, there

is the ideal �t for each person.

New York City explorer and real estate curator

Residential Sales & Rental Specialist

Sandra Levykh

Warren Lewis Sotheby's International Realty

o: 718-747-8215 | c: 347-501-0860 | e: [email protected] RATNER Team Market Report

Page 11: YORKVILLE - theratnerteam.com file7 YORKVILLE A monthly analysis of residential sales in Yorkville, Manhattan October 2017 Residential Market Report, October 2017:DUUHQ/HZLV6RWKHE\

I’d love to help you become one of the hundreds of individuals and families I’ve connected with

just the right space in NYC.

You’ll �nd working with us a unique experience, where a true professional will actually take the

time to get to know your needs and tastes, curate the best short list of properties which match

your needs, and provide a pleasant process throughout.

We serve all of NYC’s famous boroughs, though particularly specialize in the bubbling borough of

Brooklyn which in many ways has overtaken Manhattan as the place to live, work, and play.

Everything I’ve done previously from teaching history to high schoolers to founding a gourmet

food �rm, and even becoming a self-proclaimed Mozart a�cionado has all led up to empower-

ing to serve my NY real estate clients in incredible ways.

My love for New York City and its people have made working in real estate and helping others secure their perfect space a dream come true.

You can’t help fall in love with the New York life, its architec-ture, history, and culture. Although I’ve traveled the globe there is really nowhere else I could dream of calling home.

I’m convinced that a well-suited home is one of the pillars of happiness. Of course while NYC is famous for its many varied types of real estate, and is home to some of the most fabu-lous homes and condos on the planet, �nding and securing the right spot amongst all the others looking can be a bit of a challenge. That’s where I come in

Delivering happiness one home at a time

Residential Sales & Rental Specialist

Nate Pfa�

Warren Lewis Sotheby's International Realty

o: 718-747-8215 | c: 347-501-0860 | e: [email protected] RATNER Team Market Report

Page 12: YORKVILLE - theratnerteam.com file7 YORKVILLE A monthly analysis of residential sales in Yorkville, Manhattan October 2017 Residential Market Report, October 2017:DUUHQ/HZLV6RWKHE\

Warren Lewis Sotheby's International Realty

o: 718-747-8215 | c: 347-501-0860 | e: [email protected] RATNER Team Market Report

Page 13: YORKVILLE - theratnerteam.com file7 YORKVILLE A monthly analysis of residential sales in Yorkville, Manhattan October 2017 Residential Market Report, October 2017:DUUHQ/HZLV6RWKHE\

www.RatnerTeamVendors.com

1031 Qualified Intermediary Estate Planing Interior Designers Restoration Specialists

Appraisers & Inspectors Expediters Roofers

Architects Exterminators Rubbish Removal Companies

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Warren Lewis Sotheby's International Realty

o: 718-747-8215 | c: 347-501-0860 | e: [email protected] RATNER Team Market Report

Page 14: YORKVILLE - theratnerteam.com file7 YORKVILLE A monthly analysis of residential sales in Yorkville, Manhattan October 2017 Residential Market Report, October 2017:DUUHQ/HZLV6RWKHE\

From the Ratner Team, this is the Brooklyn Made Real Estate Podcast, a show

about Brooklyn real estate and the professionals behind one of the hottest

real estate markets in the world.

Brooklyn Made Real Estate is a one-stop shop for anyone interested in New

York real estate, getting connected with local experts and learning how to

make smarter decisions and leveraging your assets.

Each week our show will feature real estate news and interviews with local

professionals that we are eager for you to meet.

THE BROOKLYN MADE REAL ESTATE SHOW

www.TheBrooklynMadeShow.com

Warren Lewis Sotheby's International Realty

o: 718-747-8215 | c: 347-501-0860 | e: [email protected] RATNER Team Market Report