{"id":48600,"date":"2026-09-24T11:16:42","date_gmt":"2026-09-24T08:16:42","guid":{"rendered":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=48600"},"modified":"2026-09-24T15:32:27","modified_gmt":"2026-09-24T12:32:27","slug":"nyc-condo-size-vs-price-per-square-foot","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2026\/09\/24\/nyc-condo-size-vs-price-per-square-foot\/","title":{"rendered":"The Bigger the Condo, The Higher the Price Per Square Foot \u2014 But Only in Manhattan"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-key-takeaways\">Key Takeaways:<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Manhattan is the only borough where price per square foot rises with condo size, going from $1,370 for units smaller than 500 square feet to $2,515 for layouts over 2,500 square feet<\/li>\n\n\n\n<li>Brooklyn\u2019s condo prices seem nearly disconnected from size: Buy a studio or a unit over 2,500 square feet in Brooklyn, you&#8217;ll pay essentially the same per square foot<\/li>\n\n\n\n<li>In Queens, smaller condos carry the pricing premium at $1,075 per-square-foot, three times higher than the $305 per square foot charged by condos over 2,500 square feet<\/li>\n\n\n\n<li>Staten Island\u2019s limited condo stock also values smaller layouts, with units under 500 square feet sold at $416 per square foot, double the borough\u2019s largest layouts<\/li>\n\n\n\n<li>Manhattan\u2019s median price per square foot remained essentially flat since 2015, whereas every outer borough grew by double digits<\/li>\n\n\n\n<li>Brooklyn buyers matched the borough&#8217;s stock almost exactly in size, while Manhattan buyers reached for larger layouts and Queens owners for smaller<\/li>\n<\/ul>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Analyzing more than a decade of NYC condo sales for a granular view of the relationship between price and size shows a market split not just by stock distribution, but also by unique trends and buyer preferences. In <a href=\"https:\/\/www.propertyshark.com\/mason\/market-trends\/residential\/nyc\/manhattan\" target=\"_blank\" rel=\"noreferrer noopener\">Manhattan<\/a>, larger condos consistently command higher prices per square foot \u2014 a size premium that scales up with size and holds across nearly every neighborhood in the borough.<\/p>\n\n\n\n<p>Meanwhile, the other four boroughs follow their own trends, some more pronounced \u2014 such as the pricing consistency of Brooklyn condos across size ranges or Queens\u2019 inverted price and size relationship \u2014 while others like Staten Island and the Bronx are limited by their small condo stocks.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:543px\" id=\"datawrapper-vis-H2pnu\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/H2pnu\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-H2pnu\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/H2pnu\/full.png\" alt=\"Line chart showing the relationship between price per square foot and size for condos in NYC and the five boroughs.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Reviewing some 136,000 NYC condo sales recorded between January 2015 and September 2026 reveals this present day split and the decade of movement that shaped it, including the narrowing distance between Manhattan\u2019s condo price per square foot and the rest of the city.<\/p>\n\n\n\n<p>That evolution also includes the gap between existing stock and what buyers have been choosing in the last decade, both at the borough level, as well as in individual neighborhoods.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\" id=\"h-size-amp-price-per-square-foot-today\"><span class=\"ez-toc-section\" id=\"Size_Price_per_Square_Foot_Today\"><\/span>Size &amp; Price per Square Foot Today<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-larger-condos-cost-more-per-square-foot-only-in-manhattan\"><span class=\"ez-toc-section\" id=\"Larger_Condos_Cost_More_Per_Square_Foot_Only_in_Manhattan\"><\/span>Larger Condos Cost More Per Square Foot Only in Manhattan<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Across <a href=\"https:\/\/www.propertyshark.com\/mason\/market-trends\/residential\/nyc-all\" target=\"_blank\" rel=\"noreferrer noopener\">NYC\u2019s condo market<\/a>, median price per square foot rises steadily with unit size, reaching $2,328 for the largest layouts (over 2,500 square feet). But there is one notable exception: The city\u2019s smallest units (under 500 square feet) are priced higher than the lower end of the city\u2019s mid-sized stock, likely lifted by Manhattan\u2019s luxury studios and micro-unit stock.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:321px\" id=\"datawrapper-vis-sbJnk\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/sbJnk\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-sbJnk\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/sbJnk\/full.png\" alt=\"Bar chart showing the median price per square foot for NYC condos sold since 2015 across six size ranges: Less than 500 square feet, 500 to 1,000 square feet, 1,000 to 1,500 square feet, 1,500 to 2,000 square feet, 2,000 to 2,500 square feet, more than 2,500 square feet.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>As is often the case, the citywide picture is heavily distorted by Manhattan \u2014 the borough that supplied nearly half of all condo sales in the city \u2014 hiding the diverging borough-level trends. For example, Manhattan is the only borough where larger condos cost more per square foot, rising steadily from $1,370 per square foot for the smallest units, nearly doubling up to $2,515 for the largest layouts.<\/p>\n\n\n\n<p>Manhattan also dominated the top of the NYC condo market, sustained by the generous square footage of the <a href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/priciest-nyc-neighborhoods\/\" target=\"_blank\" rel=\"noreferrer noopener\">city\u2019s most expensive neighborhoods<\/a>. So, while the borough generated 46% of NYC\u2019s condo sales overall, it supplied 71% of sales in the 2,000- to 2,500-square-foot range and 85% of sales above 2,500 square feet. Meaning that any citywide metric for larger condos is really an indicator for Manhattan trends.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:321px\" id=\"datawrapper-vis-PfJqo\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/PfJqo\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-PfJqo\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/PfJqo\/full.png\" alt=\"Bar chart showing the median price per square foot for Manhattan condos sold since 2015 across six size ranges: Less than 500 square feet, 500 to 1,000 square feet, 1,000 to 1,500 square feet, 1,500 to 2,000 square feet, 2,000 to 2,500 square feet, more than 2,500 square feet.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>At the same time, Brooklyn\u2019s condo price metrics barely responded to size. Regardless of square footage, the median price per square foot falls within a $57 price range between $1,000 and $1,057. Put simply, in Brooklyn, a micro studio and a sprawling condo over 2,500 square feet trade at essentially the same price per square foot.<\/p>\n\n\n\n<p>Brooklyn was also the only borough where transactional activity outpaced stock share over the past decade. So, while the borough holds a quarter (25%) of the citywide condo stock, it generated nearly one third (31%) of NYC condo sales since 2015, as a growing number of buyers turned from Manhattan to Brooklyn.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:321px\" id=\"datawrapper-vis-mIWl8\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/mIWl8\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-mIWl8\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/mIWl8\/full.png\" alt=\"Bar chart showing the median price per square foot for Brooklyn condos sold since 2015 across six size ranges: Less than 500 square feet, 500 to 1,000 square feet, 1,000 to 1,500 square feet, 1,500 to 2,000 square feet, 2,000 to 2,500 square feet, more than 2,500 square feet.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Moving on to Queens and Staten Island, the condo price and size relationship follows an inverted path, placing the pricing premium on <a href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2024\/02\/29\/where-are-nycs-smallest-and-largest-condos\/\" data-type=\"link\" data-id=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2024\/02\/29\/where-are-nycs-smallest-and-largest-condos\/\" target=\"_blank\" rel=\"noreferrer noopener\">smaller layouts versus larger sizes<\/a>. As such, condo prices for units under 500 square feet sold at a median $1,075 per square foot, more than three times the rate of units over 2,500 square feet.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:321px\" id=\"datawrapper-vis-yLwm7\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/yLwm7\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-yLwm7\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/yLwm7\/full.png\" alt=\"Bar chart showing the median price per square foot for Queens condos sold since 2015 across six size ranges: Less than 500 square feet, 500 to 1,000 square feet, 1,000 to 1,500 square feet, 1,500 to 2,000 square feet, 2,000 to 2,500 square feet, more than 2,500 square feet.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Staten Island follows the same trend, although at a more muted rate, accounting for its limited condo stock that generated just over 5,000 sales since 2015. So, while the handful of large Staten Island condos sold for a median $203 per square foot, units under 500 square feet sold for more than double. That price and size relationship held steady within the mid-range sizes too, which accounted for the majority of the borough\u2019s sales.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:311px\" id=\"datawrapper-vis-on5AQ\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/on5AQ\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-on5AQ\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/on5AQ\/full.png\" alt=\"Bar chart showing the median price per square foot for NYC condos sold since 2015 across six size ranges: Less than 500 square feet, 500 to 1,000 square feet, 1,000 to 1,500 square feet, 1,500 to 2,000 square feet, 2,000 to 2,500 square feet, more than 2,500 square feet.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Notably, <a href=\"https:\/\/www.propertyshark.com\/mason\/market-trends\/residential\/nyc\/bronx\" target=\"_blank\" rel=\"noreferrer noopener\">the Bronx<\/a> has the smallest condo market of the five boroughs with fewer than 4,000 sales in the last decade. Across that limited pool of sales, condo prices fluctuate up and down across size ranges, with the lowest median condo price ($284 per square foot) recorded for the lower end of the mid-sized range.<\/p>\n\n\n\n<p>That said, the Bronx\u2019s thin condo market is split across a handful of small neighborhoods, tying price trends more to individual neighborhoods, rather than sizing or more generalized boroughwide preferences.<\/p>\n\n\n\n<p>For example, Parkchester accounted for most sales of smaller units at lower prices and generating more than half of the borough\u2019s transactional activity. Meanwhile, the handful of larger unit sales in Riverdale and City Island pushed rates higher for mid-sized and larger condos.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:321px\" id=\"datawrapper-vis-DDTbB\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/DDTbB\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-DDTbB\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/DDTbB\/full.png\" alt=\"Bar chart showing the median price per square foot for Bronx condos sold since 2015 across six size ranges: Less than 500 square feet, 500 to 1,000 square feet, 1,000 to 1,500 square feet, 1,500 to 2,000 square feet, 2,000 to 2,500 square feet, more than 2,500 square feet.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h5 class=\"wp-block-heading\" id=\"h-the-last-decade\"><span class=\"ez-toc-section\" id=\"The_Last_Decade\"><\/span>The Last Decade<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-manhattan-stays-flat-while-outer-boroughs-grow-by-double-digits\"><span class=\"ez-toc-section\" id=\"Manhattan_Stays_Flat_While_Outer_Boroughs_Grow_by_Double_Digits\"><\/span>Manhattan Stays Flat While Outer Boroughs Grow by Double Digits<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>NYC\u2019s current size and price snapshot is the product of a decade of changing preferences, stock availability, market performance and rebound around the effects of the pandemic.<\/p>\n\n\n\n<p>For example, condo prices for the pre-pandemic (2015-2019) and post-pandemic (2023-2026) periods were essentially the same as Manhattan\u2019s median price per square foot barely moved (-0.2%). Conversely, every outer borough grew by double digits, from Brooklyn\u2019s +22% to the Bronx\u2019s +45%, but citywide gains were muted by Manhattan\u2019s lack of movement.<\/p>\n\n\n\n<p>Consequently, the price-per-square-foot gap between Manhattan and the outer boroughs narrowed: Pre-pandemic, Manhattan traded at $1,600 per square foot as compared to <a href=\"https:\/\/www.propertyshark.com\/mason\/market-trends\/residential\/nyc\/brooklyn\" target=\"_blank\" rel=\"noreferrer noopener\">Brooklyn<\/a>\u2019s $921 for a spread of $679 per square foot. Now, post-pandemic, that spread narrowed to $471 per square foot following Brooklyn\u2019s increases.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:263px\" id=\"datawrapper-vis-q8DGm\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/q8DGm\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-q8DGm\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/q8DGm\/full.png\" alt=\"Visual showing two bar charts of the five boroughs plus NYC and their respective changes to the median price per square foot for condos both in percentages as well as in dollar amounts.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>But growth in the outer boroughs didn\u2019t land evenly across size ranges. In Brooklyn, prices in the units in the 1,500- to 2,000-square-foot range appreciated most, jumping 65% to reach $1,265 per square foot \u2014 the borough\u2019s biggest gain by a wide margin. For comparison, Manhattan\u2019s median price per square foot dropped in every size range with losses running between 1% and 5%.<\/p>\n\n\n\n<p>At the same time, <a href=\"https:\/\/www.propertyshark.com\/mason\/market-trends\/residential\/nyc\/queens\" target=\"_blank\" rel=\"noreferrer noopener\">Queens<\/a> grew across every size range but was strongest at the top with the 2,000- to 2,500-square-foot range climbing from $380 to $558 per square foot for a 47% gain. It\u2019s worth noting here that Queens had only 169 transactions in this size range since 2015. The Bronx and <a href=\"https:\/\/www.propertyshark.com\/mason\/market-trends\/residential\/nyc\/staten-island\" target=\"_blank\" rel=\"noreferrer noopener\">Staten Island<\/a> grew across every range, too, though their markets at the largest sizes are genuinely small, logging only a few dozen sales over the course of a decade.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:353px\" id=\"datawrapper-vis-H0PPq\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/H0PPq\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-H0PPq\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/H0PPq\/full.png\" alt=\"Top Condo Size for Price Growth Varies by Borough, but Manhattan Logs Only Drops (Scatter Plot)\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h5 class=\"wp-block-heading\" id=\"h-sold-sizes-vs-condo-stock\"><span class=\"ez-toc-section\" id=\"Sold_Sizes_vs_Condo_Stock\"><\/span>Sold Sizes vs. Condo Stock<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-manhattan-buyers-reach-for-larger-queens-buyers-for-smaller-amp-brooklyn-buyers-like-what-the-borough-offers\"><span class=\"ez-toc-section\" id=\"Manhattan_Buyers_Reach_for_Larger_Queens_Buyers_for_Smaller_Brooklyn_Buyers_Like_What_the_Borough_Offers\"><\/span>Manhattan Buyers Reach for Larger, Queens Buyers for Smaller &amp; Brooklyn Buyers Like What the Borough Offers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It\u2019s not just NYC condo prices where buyers\u2019 preferences surfaced, but also in sizing, specifically what size condos they actually chose to buy from what was available in their borough and neighborhood. Citywide, the median condo that sold over the past decade measured 971 square feet compared to the 920-square-foot median size for NYC\u2019s full condo stock, meaning buyers overall landed roughly 51 square feet above the typical NYC condo.<\/p>\n\n\n\n<p>But buyers didn\u2019t behave the same way from one borough to the next. In Manhattan, buyers chose larger units than what\u2019s typical, with the median size of condos sold here 110 square feet above the median size of its existing stock (976 square feet). Manhattan buyers consistently chose larger condo layouts, reaching for larger units in 31 out of the 42 Manhattan neighborhoods in our study.<\/p>\n\n\n\n<p>In this case, the most dramatic examples sit in the borough\u2019s high-value pockets: Central Park South buyers landed 711 square feet above the neighborhood\u2019s 1,197-square-foot median size. In Battery Park City, buyers came in 504 square feet above an 807-square-foot median, while Greenwich Village buyers reached 433 square feet above the typical 967-square-foot condo.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:394px\" id=\"datawrapper-vis-oRP4l\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/oRP4l\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-oRP4l\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/oRP4l\/full.png\" alt=\"Bar chart showing median size for condos sold in square feet and the median size of all condos in square feet for all five boroughs and NYC overall.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Additionally, Manhattan buyers selected smaller units in just seven neighborhoods, but in only one location did they buy meaningfully smaller units, with Marble Hill buyers choosing condos with a 644-square-foot median size, 156 square feet smaller than the neighborhood\u2019s stock. Taken as a whole, that means that Manhattan\u2019s buyer behavior showcases how the entire borough transacts, rather than highlighting the patterns of just a handful of luxury enclaves.<\/p>\n\n\n\n<p>Next, Queens and Staten Island buyers went the opposite way, landing below what\u2019s typically available. In Queens, buyers landed 21 square feet below the borough\u2019s median condo size, with buyers in 27 of 52 analyzed neighborhoods choosing a unit that\u2019s smaller than the median size of neighborhood condos.<\/p>\n\n\n\n<p>For example, in Whitestone, buyers landed 198 square feet below the neighborhood\u2019s 1,150-square-foot median, while, in Douglaston, they came in 159 square feet below the neighborhood\u2019s median stock size.<\/p>\n\n\n\n<p>Of course, there are a few neighborhood-level exceptions. For instance, Rockaway Park buyers went 254 square feet above the neighborhood\u2019s 800-square-foot median condo size, transacting like a Manhattan neighborhood in a Queens borough. In the same way, Far Rockaway buyers aimed 132 square feet above the neighborhood\u2019s 1,092-square-foot median size.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:679px\" id=\"datawrapper-vis-D03yq\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/D03yq\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-D03yq\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/D03yq\/full.png\" alt=\"Interactive NYC neighborhood map showing median size of condos sold, median size of condo stock, size difference between stock and sold units, price per square foot.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Staten Island showed the same preferences as Queens: Buyers landed 48 square feet below the borough\u2019s median condo size. Plus, 18 of its 38 neighborhoods in this study showed the same downward reach versus 13 neighborhoods that aimed higher (and seven where buyers chose the same sizes).<\/p>\n\n\n\n<p>In particular, New Dorp buyers swung widest, going 340 square feet lower than the neighborhood\u2019s 1,083-square-foot median size, whereas in Bulls Head, they went 192 square feet smaller. Exceptions to this borough-level trend included St. George buyers, who chose units that were 108 square feet larger, while West Brighton buyers went 76 square feet larger.<\/p>\n\n\n\n<p>Over in Brooklyn, buyers stayed consistent with borough stock neither stretching up, nor pulling down, with the median size of condos sold sitting within 13 square feet of its stock\u2019s median size.<\/p>\n\n\n\n<p>Moreover, in 48 of Brooklyn\u2019s 52 neighborhoods, buyers chose just slightly above or just slightly below the typical neighborhood condo, with all but four of these locations well under 100 square feet of size parity. And, in locations like Kensington and Coney Island, buyers landed at exactly the neighborhood\u2019s typical condo size.<\/p>\n\n\n\n<p>Finally, in the Bronx, buyers generally chose units that were somewhat larger than the existing condo stock, with the median size of sold units 60 square feet over the borough\u2019s median condo size. But, since the borough\u2019s condo activity flows through just a handful of small neighborhoods with very different size and price profiles. As such, borough-wide buyer preference for sizes cannot reliably be determined.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\" id=\"h-conclusions\"><span class=\"ez-toc-section\" id=\"Conclusions\"><\/span>Conclusions<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-a-decade-of-nyc-condo-prices-buyer-choices-and-potential-outlooks\"><span class=\"ez-toc-section\" id=\"A_Decade_of_NYC_Condo_Prices_Buyer_Choices_and_Potential_Outlooks\"><\/span>A Decade of NYC Condo Prices: Buyer Choices and Potential Outlooks<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Looking at 10+ years of NYC condo prices and sales, buyer preferences were reconfirmed and strengthened. Manhattan is undeniably the market for sprawling, expensive condo layouts and buyers are again and again choosing larger footprints, suggesting that Manhattan\u2019s luxury condo market remains an attractive prospect, even as prices stagnate.<\/p>\n\n\n\n<p>Meanwhile, Brooklyn\u2019s growing condo market is consistently delivering what buyers are looking for, signaling continued price appreciation for the sector here. Condo buyers in the house-centric real estate landscapes of Queens and Staten Island\u2019s are slowly shifting to more compact layouts overall but the strong price gains recorded across their limited stock of larger layouts signals at least some appetite for larger, more high-end developments.<\/p>\n\n\n\n<p>As for the Bronx, its ultra-fragmented and unevenly distributed condo stock highlights how this asset type remains more of a detail of the Bronx real estate market, rather than an essential sector, leaving room for more growth. <\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h5 class=\"wp-block-heading\" id=\"h-all-data-price-per-square-foot-by-neighborhood\"><span class=\"ez-toc-section\" id=\"All_Data_Price_per_Square_Foot_by_Neighborhood\"><\/span>All Data: Price per Square Foot by Neighborhood<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:998px\" id=\"datawrapper-vis-OEadW\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/OEadW\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-OEadW\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/OEadW\/full.png\" alt=\"Table of NYC neighborhoods with price per square foot breakdowns at the neighborhood level, plus across six size ranges: Less than 500 square feet, 500 to 1,000 square feet, 1,000 to 1,500 square feet, 1,500 to 2,000 square feet, 2,000 to 2,500 square feet, more than 2,500 square feet.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-methodology\"><span class=\"ez-toc-section\" id=\"Methodology\"><\/span>Methodology<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>We extracted all NYC condo sales recorded between January 1, 2015, and September 7, 2026, totaling approximately 136,000 transactions. Units with unreliable square footage or sale price data were excluded. Only arm\u2019s-length transactions were considered. Package deals were excluded.<\/p>\n\n\n\n<p>For existing condo stock, we analyzed all condo units in the PropertyShark database with reliable square footage data, totaling approximately 256,000 units. Median and average square footage figures for existing stock were calculated based on this dataset.<\/p>\n\n\n\n<p>The share of sales in each size bucket was calculated as a percentage of all sales in the given borough or neighborhood. The share of existing stock in each size bucket was calculated as a percentage of all condo units in the given borough or neighborhood.<\/p>\n\n\n\n<p>Size ranges were defined as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Under 500 square feet<\/li>\n\n\n\n<li>500 to 1,000 square feet<\/li>\n\n\n\n<li>1,000 to 1,500 square feet<\/li>\n\n\n\n<li>1,500 to 2,000 square feet<\/li>\n\n\n\n<li>2,000 to 2,500 square feet<\/li>\n\n\n\n<li>Over 2,500 square feet<\/li>\n<\/ul>\n\n\n\n<p>Timeframes were defined as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Pre-pandemic period: 2015-2019<\/li>\n\n\n\n<li>Pandemic era: 2020-2022<\/li>\n\n\n\n<li>Post-pandemic period: 2023-2026.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-fair-use-amp-redistribution\"><span class=\"ez-toc-section\" id=\"Fair_Use_Redistribution\"><\/span>Fair Use &amp; Redistribution\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>We encourage and freely grant permission to reuse and repost information, analysis, charts, tables and images included on this page. When doing so, we only ask that you link back to this page or PropertyShark.com as the official source.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-about-propertyshark\"><span class=\"ez-toc-section\" id=\"About_PropertyShark\"><\/span>About PropertyShark<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p><a href=\"https:\/\/www.propertyshark.com\/mason\/\" target=\"_blank\" rel=\"noreferrer noopener\">PropertyShark<\/a>&nbsp;is an online real estate database and property research tool that provides building details, ownership information, comparable sales and foreclosure data. Founded in 2003, PropertyShark serves real estate professionals and consumers in New York and other major U.S. markets.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><a id=\"_msocom_1\"><\/a><\/p>\n\n\n\n<p><a id=\"_msocom_2\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Across more than a decade of New York City condo sales, Manhattan is the only borough where larger condos cost more per square foot than smaller sizes and the only one where prices remained flat over the past 10+ years.<\/p>\n","protected":false},"author":49,"featured_media":48602,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[328,11186],"tags":[11183,7],"class_list":["post-48600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-york-real-estate","category-new-york-residential-real-estate","tag-market-study","tag-residential-sales"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>A Decade of NYC Condo Size vs. Price Trends | PropertyShark<\/title>\n<meta name=\"description\" content=\"Explore the relationship between size and price per square foot for condos across the city, plus the evolution of NYC condo prices since 2015.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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Theiss","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=retro&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=retro&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=retro&r=g","caption":"Eliza Theiss"},"description":"Eliza Theiss is a senior writer reporting real estate trends in the US. 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