Manhattan Multifamily Market Trends

Stats: Quarterly Yearly

Market Overview for Quarter 1, 2022


Average price/sqft

$659

53% YoY


Sales volume

$1.9B

839% YoY


Transactions

108

151% YoY


Total sqft

2.8M

512% YoY

A total of 108 sales were closed, representing a Y-o-Y increase of 151%. The average price per square foot in Quarter 1, 2022 was $659, a change of 53% Y-o-Y.

Average Multifamily Sale Price Per Square Feet

Manhattan multifamily real estate price per square foot in Quarter 1, 2022 was $659, up by 53% Y-o-Y.

Multifamily Transactions in Manhattan

Manhattan multifamily real estate transactions in Quarter 1, 2022 was 108, up by 151% Y-o-Y.

Multifamily sales volume in Manhattan

Manhattan multifamily real estate sales volume in Quarter 1, 2022 was $1.9B, up by 839% Y-o-Y.

Total sqft of Multifamily properties sold in Manhattan

Manhattan multifamily real estate total square feet in Quarter 1, 2022 was 2.8M, up by 512% 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

Manhattan 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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