New York Real Estate

Q1 2010 map for Brooklyn closed condo and coop sales

In conjunction with Corcoran, we developed the Q1 2010 Corcoran Report covering closed apartment sales (condos and coops) in Brooklyn for Q1 2010. For a visual perspective, we have put together an interactive map showing the sales that took place in the first quarter of 2010. The size of the circle indicates the number of…

Q1 2010 Manhattan condo and coop closed sales map

PropertyShark.com, in collaboration with Corcoran,  recently published the Q1 2010 Corcoran Report covering apartment sales (condos and coops) in Manhattan for Q1 2010. Here is an interactive map showing the sales that took place in the first quarter of 2010. The size of the circle indicates the number of sales in the building and the…

Manhattan Absorption Rate in Q1 2010

We looked at single-family homes, condo and coop units that sold in Manhattan during Q1 2010 and compared them with the current for sale inventory. From the chart it can be seen that the highest absorption rate is on the Upper West Side (48%), followed by Chelsea & Flatiron (34%) and by the Upper East…

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….

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…

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…

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…

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…

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…

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…

$5 Million Homes sold in Manhattan in 2009

We found out that in 2009 through mid November there were 211 condo, coop, single family homes sold in Manhattan with a closed sale price of at least $5 million. Check out our new interactive map that plots all those properties. Browse our current Manhattan homes for sale or look up any New York property…

Largest coop price drops of the week found on the Upper East Side

Here are the top three coops with the largest price drops in the past week in New York City: Browse current apartments for sale on the Upper East Side.

Manhattan Neighborhood Mini-Guides

Manhattan is well known for its variety of neighborhoods, each with a distinctive offering for any apartment shopper. To make life easier for apartment buyers browsing our site, we have created a set of Manhattan neighborhood pages. Each page contains useful links to school, subway, and crime maps, stats and an interactive map on closed…

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