Market Overview for Quarter 1, 2021
In total, 124 multifamily deals closed, a decline of 24% compared to the same period last year. The average price per square foot in Quarter 1, 2021 was $211, a change of 19% Y-o-Y.
Bronx multifamily real estate price per square foot in Quarter 1, 2021 was $211, up by 19% Y-o-Y.
Bronx multifamily real estate transactions in Quarter 1, 2021 was 124, down by 24% Y-o-Y.
Bronx multifamily real estate sales volume in Quarter 1, 2021 was $150M, down by 39% Y-o-Y.
Bronx multifamily real estate total square feet in Quarter 1, 2021 was 710K, down by 49% Y-o-Y.
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|
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