Market Overview for Quarter 1, 2022
Average price/sqft
115% YoY
Sales volume
299% YoY
Transactions
26% YoY
Total sqft
83% YoY
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
View the most recent office market trends and historic prices per square feet, transactions and sales volume in Brooklyn , Queens , Bronx , Staten Island
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
Fair use and redistribution
We encourage and freely grant you permission to reuse and repost the information, charts and images found in this report. When doing so, we only ask that you link back to this page, or PropertyShark.com.
Disclaimer
PropertyShark.com provides commercial market trend information (Data) on an "as is" basis for the user's personal use. Data comes from publicly available sources which can be out of date. PropertyShark.com provides no warranties regarding title, merchantability, or fitness for a particular purpose. While reasonable efforts are made toward maintaining a high standard of quality of information, PropertyShark.com does not warrant the accuracy, completeness, timeliness or other characteristics of the Data.