2019 Annual Multifamily Report: NYC Sales Volume Down 41%, Unit Volume Halved
Key Takeaways: Multifamily sales volume dives 41% Y-o-Y across the four boroughs. Manhattan prices accelerate; price per unit up 22% Y-o-Y. Queens loses 60% of its sales volume Y-o-Y after strong 2018. Bronx sales activity down 37%, inking a mere 155 deals. Brooklyn sales volume halved, transactional activity down 32% Y-o-Y. As a blue wave…
Multifamily Sales Volume Declines City-Wide, But Gains 26% Y-o-Y in Brooklyn
Key Takeaways: City-wide multifamily sales volume down 60% Y-o-Y. Brooklyn sales volume climbs 26% Y-o-Y. NYC price per unit gains 26% over year-ago figures. Top multifamily sale in Manhattan fetches $53 million. YTD unit volume drops 65% in Queens. Sales activity down 60% in the Bronx. As New York City’s commercial real estate market adjusts…
NYC Commercial Transactions Increase in Q1 2011
The number of commercial transactions increased by 8% in NYC in Q1 2011 over Q4 2010 and rose by 28% compared to Q1 2010. With 251 commercial deals, Brooklyn accounted for 40% of the total transaction volume while Manhattan (194) compiled 31%. Browse current commercial spaces in New York City.
Top New York City Commercial Deals In August 2010
At the top of the list is a 24 story office tower located in Midtown. SL Green purchased it for $330 million on August 31 from Shorenstein Company LLC.
Top New York City Commercial Deals In Q2 2010
PropertyShark has identified the top New York City commercial deals that happened during Q2 2010. Here are the top five: 452 5 Avenue, New York, NY 10018 At the top of the list is the HSBC Bank headquarter. The office building went into contract in 2009 for $330 million according to the Wall Street Journal….
Top New York City Commercial Deals In March 2010
PropertyShark has identified the top commercial deals that happened during March 2010. Here are the top three: (Click on the photo to see current for sale listings in each building) 45 E 135 St, New York, 10037 At the top of the list is the Riverton Complex located at 45 East 135 in East Harlem….
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