Bronx Commercial Market Trends

Stats: Quarterly Yearly

Market Overview for Quarter 1, 2021


Average price/sqft

$298

17% YoY


Sales volume

$239M

-45% YoY


Transactions

167

-29% YoY


Total sqft

987K

-63% YoY

In total, 167 commercial deals closed, a decline of 29% compared to the same period last year. The average price per square foot in Quarter 1, 2021 was $298, a change of 17% Y-o-Y.

Average Commercial Sale Price Per Square Feet

Bronx commercial real estate price per square foot in Quarter 1, 2021 was $298, up by 17% Y-o-Y.

Commercial Transactions in Bronx

Bronx commercial real estate transactions in Quarter 1, 2021 was 167, down by 29% Y-o-Y.

Commercial sales volume in Bronx

Bronx commercial real estate sales volume in Quarter 1, 2021 was $239M, down by 45% Y-o-Y.

Total sqft of Commercial properties sold in Bronx

Bronx commercial real estate total square feet in Quarter 1, 2021 was 987K, down by 63% Y-o-Y.

Bronx Commercial Sales Volume by property type-breakdown by type-only for Commercial overall

Recent Significant Sales

Property Address Submarket Sale Date Price Square Feet Average Price/Sqft Package Deal

Top Boroughs in New York City

Bronx average price per sqft compared with other boroughs in New York City

Submarket Borough Average sale price/sqft Transactions Sales volume Total sqft

See also

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