PropertyShark BlogCenter » manhattan property

The Plaza: 11 condo units are suffering price cuts

laura — Thu, 25 Jun 2009 15:19:14 +0000

PropertyShark has identified that 11 out of the 29 listings currently available in the building have suffered price cuts. Here is one example:

See the current listings in this building and view the property report .

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Manhattan: Highest return on resold properties

laura — Wed, 24 Jun 2009 16:06:09 +0000

Since the beginning of 2009, we’ve found that there were 315 re-sales of properties in Manhattan that were originally purchased between 2005 and 2007. Of these, 120 (38%) sold at a price lower than the original, while 195 were sold at a higher price. On average, prices for properties resold in Manhattan during 2009 are 10% higher than the original sale price. By comparison, properties in Brooklyn and Queens are being resold for an average of 6% profit.

Look up any Manhattan property with PropertyShark.

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Building with most price cuts in Manhattan

laura — Thu, 18 Jun 2009 11:39:14 +0000

The new development at 117 West 123rd Street, known as Windows on 123, had the most price drops in Manhattan in the last four weeks. See current listings in this building and view the property report .

Windows on 123

PropertyShark has found that 26 units listed for sale have suffered price drops ranging from 5-11%. Here is the units list with the corresponding price cuts. Click to enlarge.

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