PropertyShark Staff
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…
Malibu, California: Steady number of sales, but decrease in median sale price
In this PropertyShark study that was first covered in the Los Angeles Times, we see that the number of sold homes remained steady in Malibu for 2009 (148 sold homes*) when compared to 2008 (145 sold homes). However, it’s still a significant drop from the peak years in 2005 (275 sold homes) and 2007 (240…
Los Angeles residential listings with largest price cuts in the past week
PropertyShark has identified the top 3 properties in Los Angeles 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. 16150 Peterson Drive, Whittier Single family home (short sale) Beds: 5 Baths: 7 First…
Brooklyn’s priciest homes to hit the market in 2010
At the top of the list is the triplex located in DUMBO in the Clock Tower Building, listed at $25 million. 1 Main Street, DUMBO Condo Beds: 3 Baths: 3.5 Listing price: $25,000,000 In second place is a townhouse located at 13 Cranberry Street in Brooklyn Heights, just over the Brooklyn Bridge from Manhattan and…
Q4 2009 map for Brooklyn condo and coop sales
In collaboration with Corcoran, PropertyShark.com developed the Q4 2009 Corcoran Report, covering apartment sales (condos and coops) in Brooklyn for Q4 2009. Here is an interactive map showing all sales that took place in the fourth quarter of 2009. The size of the circle indicates the number of sales in the building and the color…
Number of Brooklyn Properties bought at auction hit 3-year lows
According to PropertyShark.com records, only 55 properties were bought at auction in 2009 by investors or independent buyers in Brooklyn. That is 16.8% of the 326 properties successfully auctioned properties* at the Brooklyn courthouse. By comparison in 2008, 96 properties (19.7% of total) were bought by independent buyers, while in 2007 independent buyers bought 114…
Distressed homes listed for sale in Los Angeles
While there can be risk involved, distressed properties can occasionally present an opportunity to buy a home for less than market value. Here are three single family homes in Los Angeles that are listed for sale and currently have a trustee sale scheduled. 7501 Bellingham Avenue, North Hollywood Single Family Home Beds: 3 Baths: 3…
Hampton lis pendens increased 84% in 2009 over 2008
There were a total of 566 first time residential lis pendens in the Hamptons in 2009. This is 84% more than in 2008, when there were 307 pre-foreclosure filings. Zip codes 11937 (East Hampton), 11968 (Southampton) and 11946 (Hampton Bays) topped the list for the highest number of lis pendens. (Note: First time lis pendens…
Strong start for NYC Commercial Property Segment
New York City has already seen a strong start for the year in the commercial properties sector with 3 recorded sales over $50,000,000 since the beginning of 2010. In comparison with the past year, the biggest transaction in January 2009 was a $11.75 million deal in the Bronx, involving an apartment building and an adjacent…
Manhattan residential listings with largest price cuts in the past week
We examined Manhattan residential for sale listings that hit the market in the last year that are still listed, and identified the top 3 properties with the largest total dollar price drop during the past week. You can click on the photo for more details on the listing or click on the address for a…