Market Overview for Quarter 1, 2022
A total of 29 sales were closed, representing a Y-o-Y increase of 26%. The average price per square foot in Quarter 1, 2022 was $1K, a change of 115% Y-o-Y.
Manhattan office real estate price per square foot in Quarter 1, 2022 was $1K, up by 115% Y-o-Y.
Manhattan office real estate transactions in Quarter 1, 2022 was 29, up by 26% Y-o-Y.
Manhattan office real estate sales volume in Quarter 1, 2022 was $2.6B, up by 299% Y-o-Y.
Manhattan office real estate total square feet in Quarter 1, 2022 was 1.7M, up by 83% 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|
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