PropertyShark Acquired by Yardi Systems
Yardi Systems announced today that it has acquired PropertyShark, creators of PropertyShark.com, the premier real estate data website. Yardi acquired the New York-based company to integrate deep property data into the Yardi suite of real estate investment management and property management software. “PropertyShark’s aggregation of real estate data from hundreds of sources into a single…
Priciest homes in Beverly Hills that hit the market in March 2010
Here are the three most expensive properties we identified in Beverly Hills that hit the market in March. You can click on the picture for more details on the listing or click on the address for a detailed property report. 335 Trousdale Place, Beverly Hills, 90210Asking price: $14,565,000 Beds: 4 Baths: 6 9909 Beverly Grove,…
Manhattan neighborhoods with highest residential activity
We looked at single family homes, condo and coop units that sold in Manhattan during February 2010 in order to see which neighborhoods had the most activity. At the top of the list were the Upper East Side with a total of 202 sales and the Upper West Side with 139 sales. Next was Midtown…
Retail Spaces Available for Lease on Madison Avenue
The retail corridor on Madison Avenue, between 57th and 72nd Streets, has historically been one of the most expensive retail stretches in the City. Retail leases have ranged between $750 and $1250 per square foot, according to a retail report compiled by brokerage Cpex Real Estate which analyzed new leases finalized between July 2009 and…
PropertyShark Real Estate Networking in New York City
Thank you to the 900+ real estate investors and professionals that made it out to the PropertyShark.com real estate networking event at LQ in Manhattan. A special thanks as well goes out to our main sponsor, City Connections Realty. We hope everyone made some new contacts, found opportunities, and is now in a better position…
Biggest Los Angeles commercial transactions happening at the courthouse
The five largest transactions so far in 2010 for non-residential properties in Los Angeles County happened via government auction. The property at 9900 Wilshire Avenue in Beverly Hills sold at auction for $150,000,000, property records show. The owners, CPC Group, were in default on a $365.5 million loan, the LA Times reports. They had apparently…
Hamptons residential listings with largest price cuts in the past week
PropertyShark has identified the top 3 properties in the Hamptons with the largest total dollar price drops during the past week. You can click on the photo for more listing details or click on the address for a detailed property report. At the top of the list is a 7,000 square foot single family home,…
PropertyShark NYC real estate networking event on Tuesday March 23rd
We now have over 1000 RSVPs (SEE who has registered!) from real estate investors and professionals to attend the next PropertyShark real estate networking event on March 23rd at LQ in Manhattan. For those that have not already done so, it is FREE but you must register in advance at http://www.PropertyShark.com/mason/rsvp.html Bring lots of business…
Average days on the market for Brooklyn properties
We analyzed the average days on the market for the current listings in some of Brooklyn’s neighborhoods. From the neighborhoods that we analyzed, the properties in Windsor Terrace had the highest average number of days on the market (293). Properties in DUMBO were listed for an average of 180 days on the market and in…
Resale prices at 15 Central Park West reach new heights
In January 2010, the closing of Unit 25 at 15 Central Park West marked the highest resale gain in this famed Upper West Side limestone building. The unit sold for $13,700,000 in January 2010 but was initially purchased for $5,990,000 in December 2007, an increase of 129%. 32 units have changed hands, some more than…
Profitable deals emerge from banks unloading their REO inventory
In 2009, banks more than doubled the number of New York City properties unloaded from their REO inventories. 1,027 repossessed properties located in the five boroughs of New York City were sold by banks to private buyers or investor groups in 2009. That’s a 131% increase from the 444 properties the banks sold from their…
Presidio Heights, Sea Cliff most expensive San Francisco neighborhoods in 2009
Looking for updated stats? Check out San Francisco’s most expensive neighborhoods in 2013. With a median sale price of $2,900,000, Presidio Heights was the most expensive neighborhood in San Francisco County in 2009. Fifty homes sold for over $1,000,000 in the neighborhood, increasing the median sale price by 58% over the 2008 median sale price…
NYC buildings with the most condo units sold in 2009
PropertyShark has identified the buildings that had the highest number of condo units sold during 2009. Here are the top three: (Click on the photo to see current for sale listings in each building) The Brompton (122 units sold) At the top of the list is The Brompton, located at 205 East 85 Street on…
Forest Hills has most multimillion dollar homes of any neighborhood in Queens
With a median sale price of $680,000 in 2009, Forest Hills is one of the most expensive neighborhoods in Queens. The neighborhood features more multimillion dollar sales of single family homes since 2005 than any other neighborhood in Queens . 170 single family homes in the neighborhood sold for over $1 million since 2005, peaking…
Listing price vs sale price for Manhattan Apartments
We took a look at apartments that were sold in 2009 in certain Manhattan neighborhoods and compared the median prices they sold for with the median prices that apartments are currently listed for in those neighborhoods. The highest percentage difference was recorded on the Upper East Side, with a current median listing price 29% higher…
NYC residential listings with largest price cuts in the past week
Here are the top 3 listings of residential properties (coop units, condo units, single family homes) in NYC that we’ve found to have the largest total dollar price drops during the past week. You can click on the photo for more listing details or click on the address for a detailed property report. 170 East…
Hamptons: Homes of accused participants in $50 million mortgage fraud scheme put up for auction
98 Bridies Path and 191 Shinnecock Hills Road, both located in Southampton, are the properties scheduled for auction in March 2010 with the highest lien amount. According to our foreclosure records the defendants of the scheduled properties are Carrie Coakley and Donald Macpherson. According to the NY Daily News, the owners of a renowned club…
Priciest homes to hit the market in 2010 in Nassau County
At the top of the list of the highest priced homes to hit the market in Nassau County in 2010 is a Mediterranean-style home located at 240 Middle Neck Road in Sands Point, listed at $17.5 million. 240 Middle Neck Rd, Sands Point, NY 11050 Single family home Beds: 5 Baths: 6 Price: $17,500,000 In…
Commercial distressed properties listed for sale in NYC
Occasionally, commercial property owners have creditors file lis pendens against them and put the property up for sale. Here are 3 such properties listed for sale where the owner recently received a lis pendens filing. You can click on the photo for more listing details or click on the address for a detailed property report…
An early look at Manhattan Apartment Sales in 2010
While all sales are not yet recorded for January, so far we have identified that there were 619 recorded Manhattan apartment sales in the first month of 2010, up 5% from January 2009, but down 58% from January 2007. January 2007 (1,467 sales) had the highest number of sales of any January in the last…
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