CENTRAL MIDTOWN - THE RATNER TEAM · 2019-02-01 · 6 CENTRAL MIDTOWN A monthly analysis of...
10
6 CENTRAL MIDTOWN A monthly analysis of residential sales in Central Midtown, Manhattan November 2018 Warren Lewis Sotheby's International Realty The RATNER Team Market Report o: 718-747-8215 | c: 347-501-0860 | e: [email protected]
Transcript of CENTRAL MIDTOWN - THE RATNER TEAM · 2019-02-01 · 6 CENTRAL MIDTOWN A monthly analysis of...
6
CENTRAL MIDTOWN
A monthly analysis of residential sales
in Central Midtown, Manhattan
November 2018
Residential Market Report, November 2018Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
-6% YoY
MANHATTAN
MEDIAN SALE PRICE
-36% YoY
MEDIAN PRICE/SQ.FT.
-13% YoY
NO. OF TRANSACTIONS
-36% YoY
MEDIAN SALE PRICE
Residential Market Report, November 2018
Central Midtown, Manhattan
SUMMARY
$1.06M 21 $1,279 $1.03M
NEIGHBORHOOD BOUNDARIES
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
Year
2013
2014
2015
2016
2017
2018
Jan
15
25
14
31
17
20
Feb
25
21
24
27
21
19
Mar
28
28
28
40
22
14
Apr
35
40
22
22
43
27
May
39
20
33
37
40
23
Jun
28
34
39
32
41
23
Jul
41
32
31
30
18
28
29
26
Sep
34
34
32
32
32
16
Aug
38
28
33
36
Dec
22
32
34
29
40
22
33
24
Nov
27
23
20
23
24
21
Oct
33
39
36
Number of Transactions
Median Sale Price by Quarter
Median Sale Price by Month
RESIDENTIAL STATS
$1.1M
$
$500K
$1.0M
$1.5M
$2.0M
$2.5M
$3.0M
$3.5M
$1.1M
$
$200K
$400K
$600K
$800K
$1.0M
$1.2M
$1.4M
$1.6M
$1.8M
20 1914
2723 23
28 26
16
2421
0
10
20
30
40
50
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2016 2017 2018
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
Houses -
-35% $1,000 -11% 10
- - - 0
Condos $1,650,000 $1,742
Y-o-YProperty Type Median sale price Median sale price/sqft
Coops $850,000
Y-o-Y Transactions
-41% -19% 12
Number of Sales by Building Type
Type of Residential Properties Sold
Median Sale Price per Square Foot
$1,279
$
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500
RESIDENTIAL SALES BREAKDOWN
55%
45%Condos
Coops
Houses
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
1,477
492
1,300
1,500
1,000
1,300
730
513
779
481
Condo
Condo
Condo
Coop
Coop
Coop
Coop
Condo
Coop
Condo
Condo
Coop
Coop
Condo
Coop
Coop
$850,000
$780,000
$640,000
$630,000
$615,000
$430,000
$430,000
$2,700,000
$1,650,000
$1,525,000
$1,500,000
$1,175,000
$1,150,000
$980,000
$910,000
$850,000
14-Nov-18
20-Nov-18
29-Nov-18
9-Nov-18
12-Nov-18
13-Nov-18
12-Nov-18
28-Nov-18
13-Nov-18
7-Nov-18
15-Nov-18
28-Nov-18
20-Nov-18
15-Nov-18
9-Nov-18
15-Nov-18
1-01292-1220
1-01309-1199
1-01327-1228
1-01330-0004
1-01270-0020
1-01331-1203
1-01294-0033
1-01271-0408
1-01270-0020
1-01312-1122
1-01310-1562
1-01328-0021
1-01328-0021
1-01310-1080
1-01327-0037
1-01312-0028
117 E 57th St #34F
150 E 56th St #10A
245 E 54th St #15P
245 E 54th St #12R
141 E 55th St #11F
220 E 54th St #8L
153 E 57th St #10L
721-725 Fifth Ave #59A
135 E 54th St #10J
250 E 54th St #27A
200 E 57th St #4N
24 W 55th St #8C
225 E 57th St #8G
480 Park Ave #14J
77 W 55th St #4H
24 W 55th St #PHD
Condo
432 Park Ave #68B
1-01292-1362
15-Nov-18
$15,443,814432 Park Ave #38A
$3,999,631
Address
432 Park Ave #72B
$27,500,000
1-01330-1128 1-Nov-18252 E 57th St #42D
4,082
BBL
1-01292-1429
1-01292-1421
9-Nov-18 Condo
SqftSale price
20-Nov-18
Sale date Property type
4,019
4,019
Condo
Condo
$29,500,000
LIST OF TRANSACTIONS
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
THE RATNER TEAM
Nate Pfa� Residential Sales &
Rental Specialist
Jessie TorresNYC Condo, Co-op &
New Development Expert
David Ratner Commercial & Residential
Brooklyn Expert
Meet the power team for assisting you in selling, buying, renting, and investing in NYC real
estate…
Connect with the leading team for selling, buying, and investing in NYC real estate…
The Ratner Team at Warren Lewis Sotheby's International are your personal NYC real estate
contacts for getting what you want most out of your next transaction.
· Sales & Rental of Homes, Townhouses & Brownstones
· NYC Condo Sales, Purchases & Rentals
· New Developments & Development Sites
· Commercial Property: Multifamily Buildings, Mixed Use, Office Buildings, Retail & Land
· OFF Market Investment Properties in Brooklyn and Manhattan
Read more Read moreRead more
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
C L I E N T R E V I E W S"I asked David & his Team to find a tenant for my building. Could not have asked for a more
professional and effective service.” Joseph Fellner
"David, I can't express enough how grateful I am for all your hard work with selling my Cobble
Hill Townhouse! You did an amazing job and achieved a record that I didn't even expect, to be
honest. From now own any real estate related work is yours. Keep up the good work and I am
looking forward working with you again! “ David.K
"David & his Team was incredibly professional and responsive throughout our apartment search
process. He responded to emails promptly and ensured we felt secure about the lease and
apartment. Can't recommend him highly enough. “ Grace. G
"It was a pleasure working with Dave & his Team. Very professional, knowledgable and kept us
informed throughout the proccess. We have used their services before and will do so again in
the future. Halina and Jack (Local Landlords)”
"First and foremost, David is a good guy to deal with. More often then not, it's hard to find a
realtor who's easy going. David is professional, diligent and a good listener. He also doesn't BS.
He tells it like it is when he's creating a strategy for you, yet a smooth-talker with the landlords.
The bottom line is, he has your best interests in mind because he knows that a happy client is a
repeat client- and that will definitely be the case with me.” Spencer Zabiela
"David just recently landed me an amazing place in NYC. I was under a very limited amount of
time to find a new home and David was able to find me an awesome new apartment for a
great price and in an ideal location for work. The man knows how operate in times of pressure
and I'm proud to call him my friend after going through the moving process with him. The man
is honestly among the best of the best in the industry and I'd highly recommend him to anybody
who is serious about finding the right home. “ Tyler Clinton
READ MORE REVIEWS
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
1031 Qualified Intermediary Estate Planing
Interior Designers Restoration SpecialistsAppraisers & Inspectors Expediters
RoofersArchitects Exterminators
Rubbish Removal CompaniesArtist & Artisans Fences & Gates Specialists
Ironwork Professionals
Kitchen & Bathroom Specialists
Landscape Design School ConsultantsAttorneys Fireplaces
Landscapers & GardenersBankers Floor & Carpet Professionals Spiritual Experts
Stair Building & Repair Specialists
Cabinets Furniture
Lighting Experts Stone & Tile ProfessionalsGarage & Driveway
Locksmith Structural EngineersGeneral Contractors
Mortgage Professionals Surveyors
Carpenters
Chimney & Fireplace Specialists
Cleaners Glass & Shower Doors
Moving & Storage Experts Title CompaniesCloset Design
Wealth ManagersCO Experts
Plumbing Contractors Window ProfessionalsDecks & Patios Specialists
Handymen
Home Automation
Specialists
Home Security Professionals Property Compliance Wine CellarsDemolition Experts
Home Stagers Property Managers Zoning & Land Use ExpertsDoor Experts
Hvac Professionals Renewable Energy SpecialistsElectricians
Insurance Agents Renovation Professionals
www.RatnerTeamVendors.com
Painters & Plasterers
Lawn & Sprinklers Experts
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
THE BROOKLYN MADE SHOWFrom The Ratner Team, this is the Brooklyn Made Podcast, a show about Brooklyn real estate, entrepreneurs, businesses and the professionals behind one of the hottest real estate markets in the world.
The Brooklyn Made Show is a one-stop shop for anyone interested in New York Real Estate, Entrepreneurship, and Business. On the show, you’ll learn valuable insights from New York’s industry leaders.
State up to date with the latest local real estate and business news. Follow market trends, listen to exciting local stories and much more…
Each month our show will feature local entrepreneurs, professionals and real estate experts that we are eager for you to meet.
www.BrooklynMade.Blog/Podcast
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
