{"id":10319,"date":"2012-10-11T12:02:49","date_gmt":"2012-10-11T16:02:49","guid":{"rendered":"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=10319"},"modified":"2024-03-14T20:47:19","modified_gmt":"2024-03-14T18:47:19","slug":"newcomer-top-10-expensive-nyc-neighborhoods-manhattan-beach-brooklyn","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2012\/10\/11\/newcomer-top-10-expensive-nyc-neighborhoods-manhattan-beach-brooklyn\/","title":{"rendered":"Newcomer in the Top-10 Most Expensive NYC Neighborhoods: Manhattan Beach, Brooklyn"},"content":{"rendered":"<p>As home sales and median sale prices across NYC have continued to inch up in Q3 2012, Brooklyn is pulling some aces from its sleeve&#8211;Manhattan Beach has secured the #4 place in the list of the most expensive NYC neighborhoods PropertyShark completed for this quarter. <strong>Median sale prices in Manhattan Beach have spiked at 143%<\/strong> over the previous quarter to an impressive <strong>$1,120,000<\/strong>, quite close to reaching a tie with #3 on the list, the Flatiron District ($1,175,000).<\/p>\n<p>This is still almost half the average price home buyers are paying in Soho, Manhattan ($2,200,000), the most expensive NYC neighborhood Tribeca ($1,974,800). Dumbo, on the other hand, the other top-favorite Brooklyn neighborhood, didn&#8217;t make it on this list this quarter.<\/p>\n<p><a href=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2012\/10\/Top-10-NYC-Neighborhoods-by-Median-Sale-Prices.png\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-10320 aligncenter\" title=\"Top 10 NYC Neighborhoods by Median Sale Prices\" src=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2012\/10\/Top-10-NYC-Neighborhoods-by-Median-Sale-Prices.png\" alt=\"\" width=\"539\" height=\"257\" srcset=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2012\/10\/Top-10-NYC-Neighborhoods-by-Median-Sale-Prices.png 725w, https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2012\/10\/Top-10-NYC-Neighborhoods-by-Median-Sale-Prices.png?resize=300,143 300w\" sizes=\"auto, (max-width: 539px) 100vw, 539px\" \/><\/a><\/p>\n<p>There were 11,050 <a href=\"https:\/\/www.propertyshark.com\/mason\/Real-Estate-Listings\/\" target=\"_blank\" rel=\"noopener\">homes sold across NYC<\/a> in Q3 2012, 10% more than last quarter and at an average sale price of $517,000 (7% up quarter-by-quarter).<\/p>\n<p><strong>The most<\/strong> expensive home sold this quarter is nothing compared to <a href=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/2012\/07\/25\/top-10-nyc-home-sales-in-q2-2012\/\" target=\"_blank\" rel=\"noopener\">last quarter&#8217;s top sale<\/a>, but it still put a nice amount in its seller&#8217;s pockets: $21,000,000. That&#8217;s how much the penthouse at <a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/52526974\/721-731-Madison-Ave-New-York-NY-10065\/\" target=\"_blank\" rel=\"noopener\">721 Madison Ave #10W<\/a> was sold for.<\/p>\n<p>According to The Real Deal, the penthouse was quite an <a href=\"http:\/\/therealdeal.com\/blog\/2012\/08\/17\/stephen-meringoff-picks-up-verona-penthouse-in-unconventional-21m-deal\/\" target=\"_blank\" rel=\"noopener\">unconventional deal<\/a> closed in August between Himmel and Meringoff Properties <a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-principal\/\" target=\"_blank\" rel=\"noopener\">principal<\/a> Stephen Meringoff and previous owner-for-10-years Jonathan Sobel.<\/p>\n<p>The other priciest home sale of Q3 2012, at a tie with the one above, is the single-family home at <a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/22527\/26-E-73-St-New-York-NY-10021\/\" target=\"_blank\" rel=\"noopener\">26 E 73 St<\/a>. It was sold in the same month for the same amount ($21,000,000), and is rumored to have been <a href=\"http:\/\/ny.curbed.com\/tags\/26-east-73rd-street\" target=\"_blank\" rel=\"noopener\">checked out several times by actor Jerry Seinfeld<\/a>. The 6,900 sqft home had been on the market for 2 years before it was finally bought by an anonymous LLC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As home sales and median sale prices across NYC have continued to inch up in Q3 2012, Brooklyn is pulling some aces from its sleeve&#8211;Manhattan Beach has secured the #4 place in the list of the most expensive NYC neighborhoods PropertyShark completed for this quarter. Median sale prices in Manhattan Beach have spiked at 143%&hellip;<\/p>\n","protected":false},"author":30,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[349,89,328],"tags":[607,423,606,439,561],"class_list":["post-10319","post","type-post","status-publish","format-standard","hentry","category-brooklyn-real-estate","category-manhattan-real-estate","category-new-york-real-estate","tag-most-expensive-home-manhattan","tag-most-expensive-home-nyc","tag-most-expensive-neighborhood-in-brooklyn","tag-most-expensive-neighborhoods-nyc","tag-nyc-home-sales"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Newcomer in the Top-10 Most Expensive NYC Neighborhoods: Manhattan Beach, Brooklyn - PropertyShark Real Estate Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2012\/10\/11\/newcomer-top-10-expensive-nyc-neighborhoods-manhattan-beach-brooklyn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Newcomer in the Top-10 Most Expensive NYC Neighborhoods: Manhattan Beach, Brooklyn\" \/>\n<meta property=\"og:description\" content=\"As home sales and median sale prices across NYC have continued to inch up in Q3 2012, Brooklyn is pulling some aces from its sleeve&#8211;Manhattan Beach has secured the #4 place in the list of the most expensive NYC neighborhoods PropertyShark completed for this quarter. Median sale prices in Manhattan Beach have spiked at 143%&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2012\/10\/11\/newcomer-top-10-expensive-nyc-neighborhoods-manhattan-beach-brooklyn\/\" \/>\n<meta property=\"og:site_name\" content=\"PropertyShark Real Estate Blog\" \/>\n<meta property=\"article:published_time\" content=\"2012-10-11T16:02:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-14T18:47:19+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2012\/10\/Top-10-NYC-Neighborhoods-by-Median-Sale-Prices.png\" \/>\n<meta name=\"author\" content=\"Roxana Baiceanu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Roxana Baiceanu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Newcomer in the Top-10 Most Expensive NYC Neighborhoods: Manhattan Beach, Brooklyn - PropertyShark Real Estate Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2012\/10\/11\/newcomer-top-10-expensive-nyc-neighborhoods-manhattan-beach-brooklyn\/","og_locale":"en_US","og_type":"article","og_title":"Newcomer in the Top-10 Most Expensive NYC Neighborhoods: Manhattan Beach, Brooklyn","og_description":"As home sales and median sale prices across NYC have continued to inch up in Q3 2012, Brooklyn is pulling some aces from its sleeve&#8211;Manhattan Beach has secured the #4 place in the list of the most expensive NYC neighborhoods PropertyShark completed for this quarter. 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