Market Overview for Quarter 1, 2025
Median price/sqft
12.9% YoY
Sales volume
97.3% YoY
Transactions
6.6% YoY
Total sqft
6.7% YoY
A total of 81 sales were closed, representing a Y-o-Y increase of 6.6%. The median price per square foot in Quarter 1, 2025 was $583, a change of 12.9% Y-o-Y.
Manhattan multifamily real estate price per square foot in Quarter 1, 2025 was $583, up by 12.9% Y-o-Y.
Manhattan multifamily real estate transactions in Quarter 1, 2025 was 81, up by 6.6% Y-o-Y.
Manhattan multifamily real estate sales volume in Quarter 1, 2025 was $865.5M, up by 97.3% Y-o-Y.
Manhattan multifamily real estate total square feet in Quarter 1, 2025 was 1.2M, up by 6.7% Y-o-Y.
Recent Significant Sales
| Property Address | Submarket | Sale Date | Price | Square Feet | Price/Sqft | Package Deal |
|---|
Top Boroughs in New York City
Manhattan median price per sqft compared with other boroughs in New York City
| Submarket | Borough | Median sale price/sqft | Transactions | Sales volume | Total sqft |
|---|
Discover market trends in other boroughs in New York City
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