Brooklyn Luxury Real Estate Market at Three-Year High
More good news has come out about Brooklyn’s real estate market after two of its neighborhoods ranked among New York City’s most expensive neighborhoods and the borough posted the lowest rate of lis pendens ending up at auction. PropertyShark analyzed the activity in Brooklyn’s luxury market (residential sales of $1 million and above) and the…
Condo Financing in NYC – Not Much Changed On the Top End
A brief look at the largest residential mortgages handed out in 2011, as compared to a similar list compiled for the pre-crisis period, leaves one with the impression that today financing is as widely available for condo owners and buyers as it was several years ago. That is at least for buyers of high-end condo apartments in Manhattan.
Brooklyn’s Dumbo makes it in the top 5 most expensive NYC neighborhoods
We’re all pretty much familiar with Forbes’ annual list of the most expensive zip codes in the U.S. which last year ranked West Village’s 10014 as New York City’s most expensive zip code. But how do the rankings change if we analyze entire neighborhoods and move away from the strict zip code boundaries? Not so…
What Will Buy You a Home on Brooklyn’s Greenest Blocks?
The Brooklyn Botanical Garden has just announced the winners of its 17th annual Brooklyn’s Greenest Block contest. The winner of this year’s contest in the residential category is the East 25th Street block between Clarendon Road and Avenue D. The block’s housing stock consists mainly of single- and two-family brownstones built around 1900, and according…
Top Five Priciest NYC Homes Sold in Q2 2011
To follow the Manhattan Apartment Sales Map, we wanted to see which were the biggest NYC residential sales that closed during Q2 2011. Unsurprisingly, they are all located in Manhattan. 15 Central Park West #27A The priciest recorded sale was for the condo at 15 Central Park West sold for $24.5M. The listing spent around…
Q2 2011 Brooklyn Apartment Sales Map
Check out our new interactive map showing closed apartment sales in Brooklyn that took place in the second quarter of 2011. On the map, the size of the circle indicates the number of sales in the building and the color indicates the price per square foot. For more details about the sold units in the…
Q2 2011 Manhattan Apartment Sales Map
It’s the time again for our quarterly sales map displaying closed apartment sales in Manhattan in Q2 2011. As you may already know the map is interactive.
Top 10 New Condo Developments in New York City by Gross Income
Therefore we decided to create a top 10 of New York’s largest new developments by their gross income. We started analyzing residential sales in new condo developments that closed starting January 2005.
Top 10 New York City Homes by their Market Value
We have put together a list of the most valuable properties in New York City as determined by the City assessors. The homes’ market values are calculated for tax purposes.
Another Brooklyn House of Worship Goes Residential
541 Leonard Street in Greenpoint, Brooklyn is about to become one of the many houses of worship in the borough that have been converted to residential use in the past few years.
Top Three NYC Houses Sold in May
Here are the top 3 single- and two-family homes in New York City sold in May 2011. You can click on the photos for more details on the properties. 450 Avenue S 450 Avenue S The priciest house sold in May is located at 450 Avenue S in Gravesend, Brooklyn. This single-family home has 2,914…
Apartment Sales Sluggish, But Prices Slightly Up
With 938 transactions in April 2011, Manhattan sales volume saw a 19% drop from April 2010.
Top Three NYC Houses Sold in April
Here are the top 3 single- and two-family homes in New York City sold in April 2011. You can click on the photos for more details on the properties. 38 Grove Street 38 Grove Street In first place is a 5,995 sqft house at 38 Grove Street in West Village . The house was previously…
Q1 2011 Brooklyn Apartment Sales Map
The Corcoran Group recently released their quarterly market report covering closed apartment sales (condos and coops) in Brooklyn for Q1 2011. PropertyShark has put together an interactive map showing the sales that closed and were recorded in the first quarter of 2011. The size of the circle indicates the number of sales in the building…
NYC Top 10 Residential deals closed in Q1 2011
A study by PropertyShark has revealed the top 10 closed residential property sales that happened in New York City in the first quarter of 2011. Here are the top three. 768 5th Avenue The priciest residential transaction in Q1 2011 involved the 6,000 sqft condo at The Plaza, that sold in March for $48 million….
Q1 2011 Manhattan Apartment Sales Map
PropertyShark has put together an interactive map, displaying closed apartment sales in Manhattan in Q4 2010.
44-Unit Apartment Building in Inwood, Manhattan Scheduled for Auction
A 44-unit apartment building located at 509 West 212th Street in Inwood, Manhattan is scheduled for auction on April 6th 2011. The lien amount is $5,288,753. The property seems to be owned by Milbank Real Estate, a California-based company that defaulted last year on a $35 million loan used to finance a portfolio of 10…
CEO Buys Most Expensive Apartment Ever in Park Avenue Building
The closing of apartment 6A at 1100 Park Avenue for $8.05 million marked the highest price ever paid for an apartment in the 18-story pre-war coop building. The buyers are Gail Pisano and Joseph Gromek, the latter identified by Bloomberg as the CEO of Warnaco Group Inc., the apparel company. According to the listing description…
Super Fast-Closing Deals in Manhattan Luxury Apartment Market
Luxury apartments that are selling in less than 20 days after being listed are anything but the norm in the Manhattan market of the last few years. Actually, according to the latest market report by Miller Samuel, the average number of days on the market for an apartment in Manhattan was 125 days in Q4…
Proposed Ultra-Luxury Conversion in SoHo Scheduled for Auction
As first reported by Forbes, the proposed luxury residential conversion at 476 Broome Street (aka 62 Wooster Street) in SoHo is scheduled for auction on March 17th. It has a lien amount of $32,309,343. According to the developer’s website, the luxury conversion would have had 2 penthouses, a total of 5 residential units, roof-top swimming…
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