Andra Rus
With 10+ years of experience at PropertyShark, Andra covers the latest product updates and market reports for our blog. Her work has been featured in The Real Deal, Curbed, TimeOut, The Daily Mail, Business Insider, Crain’s New York.
You Can Now Access PropertyShark Tools 50% Faster; New Residential Market Reports Available
Here’s some amazing news for all PropertyShark users! Based on your feedback, we’ve just improved the speed and loading times of our products. We’ve also been busy adding even more options to the Branded Market Reports and releasing the latest data. Read on for more fresh updates from the PropertyShark team: Property Reports, Comps and…
DUMBO Just Out-Priced Most of Manhattan in Q3 2016
Despite rising prices in waterfront Brooklyn, it’s still highly unusual for any outer-borough neighborhood to out-price the notoriously unaffordable Manhattan. Nevertheless, the spectacular evolution of DUMBO commands attention. This small market ranked at number 4 on our Top 50 priciest neighborhoods in NYC list, to reach a jaw-dropping $2.4M median sale price last quarter. Catch more…
TriBeCa Jumps the $4M Mark, Still Reigns Over Priciest NYC Neighborhoods
When it comes to expensive lifestyles and pricey real estate, New York City holds strong to its reputation as the world’s hottest market. Whether it’s a lavish penthouse in sizzling Lower Manhattan or a posh loft overlooking Central Park, the city’s spectacular properties entice deep-pocketed buyers across all neighborhoods. And as we’re less than two weeks…
Top 50 Most Expensive NYC Neighborhoods in Q1 2016
The rampant price soar for the most desirable homes in NYC showed no signs of slowing down in the Lower Manhattan neighborhoods are among the first ten most expensive on our list, while the Garment District leads in record price booms – almost tripling the value of its median sale since last year’s Q1 to $3,496,538 (albeit, with only 6 sales on record). As for…
Top 10 Most Expensive Neighborhoods in the Bronx
Which neighborhoods in the Bronx were the most expensive in 2015? And where are the deals for buyers and investors in 2016? Find out as we countdown the 10 priciest Bronx neighborhoods: 10. Castle Hill Median Sale Price: $345,000 Castle Hill, in south-central Bronx, is home to the borough’s only YMCA, features a renovated greenspace…
PropertyShark Expands Its Corporate Clients Portfolio with Keller Williams NYC
PropertyShark’s portfolio of corporate clients includes the major brokerage companies in NYC and it’s a huge honor for us to be trusted by the top industry players. We are proud to announce another corporate client! Keller Williams NYC, ranked among the top NYC brokerages, is also powered by PropertyShark services. These services are designed to…
Expert Interview with Elegran’s Chris Fry: Lower Manhattan Real Estate Market Is Definitely Hot
PropertyShark has become over the years an established source for real estate market reports and we decided to complement our analyses with insights from top industry players. We turned to Elegran’s experienced power broker, Chris Fry, for insights on the current state of the market and the challenges faced by the industry in 2016. Here,…
Manhattan’s Top 10 Best-Selling Buildings in 2015
NYC offers a diverse selection of ultra-prime real estate for home buyers, condo dwellers, and investors. In spite of strong shows of force being put on by New York City’s other boroughs, Manhattan continues to dominate the attention of the world. Though it didn’t make the top 10 with 48 units sold, a special mention…
Top Most Expensive NYC Multi-Family Buildings in January 2016
January’s list of most expensive NYC multi-family buildings includes a good number of package deals as Related acquired its Bronx portfolio with properties on Carpenter Ave, Decatur Ave and Creston Ave. The top of the list is still dominated by properties in Manhattan and Brooklyn. Most expensive multi-family deal The Riverton Housing Complex – a…
Most Expensive NYC Retail Property Sales in January 2016
The first month of 2016 recorded intense activity in the NYC retail market with Manhattan dominating the list of most expensive properties sold. Brooklyn and Queens are also both well represented, while the Bronx makes one contribution to the list thanks to a package deal closed for two neighboring store buildings in Wakefield. Most expensive…
Top Most Expensive NYC Office Sales in January 2016
The office market started 2016 at full speed as several deals closed for prime spaces in Manhattan neighborhoods such as SoHo and Midtown. Though the priciest deals recorded were for Manhattan buildings, Queens also takes several spots in the list of most expensive sales, reasserting its position as a hot market for office spaces and…
Top 10 Best-Selling Buildings in Queens
While often overshadowed by Manhattan and Brooklyn, Queens has a lot to offer to buyers looking for luxury amenities, accessibility, and proximity to green spaces. Property Shark’s data shows significant real estate transaction activity over the last year in the borough. Check out the best-selling buildings in Queens ranked by number of units sold in…
Brooklyn’s Top 10 Best-Selling Buildings in 2015
Where are the buildings Brooklyn buyers love most? While property prices may be substantially lower compared to the most popular buildings in Manhattan, Brooklyn’s trendy rebirth has certainly driven a substantial amount of real estate activity in the last year. Dive into Property Shark’s countdown of the most in-demand buildings in Brooklyn based on the…
Top 20 Most Expensive Queens Neighborhoods in 2015
The real estate market in Queens registered impressive price gains in 2015 while the luxury segment in particular flourished, according to our recent market report for the borough. The median sale price in Queens reached an 8-year high at $360,000 and here we take a look at the neighborhoods that are leading the borough’s growth….
Bronx Luxury Market Is Picking Up, Median Home Price Sees Very Modest Increase in 2015
Residential Market Highlights The median price reached $250,000, a modest 2% increase Y-o-Y. The total number of transactions closed was 1,938, far from the values seen before 2008. The luxury market is picking up and reached an all-time high with 37 sales recorded over $1M. Most expensive neighborhood: Morris Park, median home sale price hit…
Top 20 NYC Condo Sales in 2015
100% of NYC’s top 20 condo sales in 2015 were in Manhattan. This list of ultra-prime residential real estate boasts luxury flips on Billionaires’ Row, expansive penthouses, and townhouses which are legendary works of architectural art. The Times Square-Theatre District neighborhood put on a grand show, as it dominated the top condo sales in the…
Top 20 NYC Multifamily Sales in 2015
2015 was a busy year for NYC commercial real estate! While Manhattan certainly boasts the title for the most top 20 multifamily property sales over the last 12 months, Brooklyn, Queens, and The Bronx make appearances too. Find out who the biggest deal-makers were, and what they paid hundreds of millions of dollars for: 1….
Top 20 NYC Single-Family Home Sales in 2015
2015 was yet another busy year for New York City real estate and we turned to our database for the top 20 most expensive single-family sales. All but one were in Manhattan. The single exception was a $15.5M sale in Cobble Hill, Brooklyn. Here are the exceptional properties that were the most sought after by…
Top 20 NYC Co-Op Sales in 2015
The first half of 2015 was especially hot for NYC’s co-op market. 15 of the top 20 most expensive units were sold in the first 6 months of the year. Lenox Hill dominates the list while the Upper West Side also made quite a few notable appearances. Discover the most expensive NYC co-op sales in…
Median Home Sale Price in Astoria Climbs to All-Time-High
Astoria Residential Market Highlights in 2015 Median Home Sale Price in Astoria Overall: $551,500 (+17% Y-o-Y). The number of sales is at its second highest level since the market fell (267 transactions). Ditmars-Steinway was the 5th most expensive neighborhood in Queens by median sale price ($794,500, up 20% Y-o-Y). Most expensive home sold: $3M for…
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