According to New York City records, the median price for an apartment in Manhattan in the month of February was $1,100,000. The price represents an increase of 10% from last year’s median price of $999,000. The number of sales increased from 876 to 985 representing a year-over-year increase of 12.4%. What exactly does $1.1 million get you in Manhattan? Let’s take a closer look. Apartment 2A at 305 West 72nd Street is ...
Read MoreAccording to New York City records, the median price for an apartment in Manhattan in the month of January was $1,200,000. The price represents an increase of 11.3% from last year’s median price of $1,077,500. The number of sales increased from 801 to 1,056 representing a year-over-year increase of 31.8%. What exactly does $1.2 million get you in Manhattan? Let’s take a closer look. Apartment 5B at 340 East 64th Street, aka ...
Read MoreAccording to New York City Records, the median price for an apartment in Brooklyn in the month of January was $750,000. The price represents a 9.63% decrease from last year’s median price of $830,000. The number of year-over-year sales decreased from 566 to 542, representing a 4.24% drop. What exactly does $750,000 get you in Brooklyn? Let’s have a look. Apartment 1-I at 42 Maspeth Avenue is a ground-floor one-bedroom 690 square ...
Read MoreAccording to New York City Records, the median price for an apartment in Manhattan in the month of December was $1,175,000. The price represents an increase of 4.1% from last year’s median price of $1,126,500. The number of sales increased from 949 to 1,111, representing a year-over-year increase of 17%. What exactly does $1,175,000 get you in Manhattan? Let’s take a look. Apartment 12-C at 365 West 20th Street, aka Chelsea Court ...
Read MoreAccording to New York City Records, the median price for an apartment in Brooklyn in the month of December was $775,000. The price represents a slight 2% increase from last year’s median price of $760,000. The number of sales decreased from 665 to 575, representing a 13.5% drop. What exactly does $775,000 get you in Brooklyn? Let’s have a look. Apartment 2 at 257 Throop Avenue is a split two bedroom floor-through ...
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