According to New York City records, the median price for an apartment in Brooklyn in the month of December 2022 was $729,000. The price represents a 5.6% dip from last year’s median of $775,000. The number of sales also dropped, plunging from 575 to 465 representing a year-over-year decrease of 19.1%. What exactly does $729,000 get you in Brooklyn? Let’s take a closer look. Apartment 703 at 9956 3rd Avenue (aka The ...
Read MorePermits have been filed for a 22-story mixed-use building at 370 Livingston Street In Downtown Brooklyn. The corner parcel is located at the intersection of Flatbush Avenue and Livingston Street and will adjoin the new 50-story highrise at 333 Schermerhorn Street (aka Hub). The proposed 235-foot tall development will total 186,076 square feet and include residential and commercial space. The residential component will comprise the bulk of the build out at ...
Read MoreAccording to New York City records, the median price for an apartment in Manhattan for the month of December 2022 was $1,100,000. The price represents a decrease of 6.4% from the median price of $1,175,000 recorded in December 2021. The number of apartment sales dropped dramatically from 1111 to 851 reflecting a year-over-year decrease of 23.4%. December represents the fourth consecutive month that the volume of year-over-year sales have dipped ...
Read MoreSales have been launched at 959 Madison Street, a new residential condominium in Bushwick, Brooklyn. The mid-block development is located between Bushwick Avenue and Broadway, within easy walking distance to Saratoga Park. 959 Madison Street will rise five floors and contain eight residential apartments across floors two through five. There will be a community facility that will occupy the ground and basement levels. According to the offering plan, 959 Madison Street has ...
Read MoreThe latest edition of Price Chop looks at a large maisonette apartment in Carnegie Hill. And at its newly reduced price of $395,000 it's worth taking a serious look. Apartment 1-A at 114 East 90th Street is a six-room ground floor apartment with its own private street entrance. It’s the best of both worlds - townhouse living with the amenities and security of a co-op building. Previously utilized as a professional ...
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