Market Overview for Quarter 1, 2022
Average price/sqft
-16% YoY
Sales volume
112% YoY
Transactions
80% YoY
Total sqft
151% YoY
In total, 36 retail deals closed, for a gain of 80% compared to the same period last year. The average price per square foot in Quarter 1, 2022 was $777, a change of -16% Y-o-Y.
Manhattan retail real estate price per square foot in Quarter 1, 2022 was $777, down by 16% Y-o-Y.
Manhattan retail real estate transactions in Quarter 1, 2022 was 36, up by 80% Y-o-Y.
Manhattan retail real estate sales volume in Quarter 1, 2022 was $284M, up by 112% Y-o-Y.
Manhattan retail real estate total square feet in Quarter 1, 2022 was 361K, up by 151% 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 retail 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
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