This Week’s Price Chop – One Hanson Place, 21-D

The latest edition of Price Chop looks at an exceptional high floor two-bedroom condominium in Brooklyn’s most iconic structure. Apartment 21-D at One Hanson Place is a generously sized loft-like two-bedroom residence with a huge wrap terrace and tremendous views across Brooklyn and New York Harbor. The current price of $2.275 million represents a price drop of more than 21% from the original ask of $2.85 million.  The most recent price drop, ...

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Condo Sales Launched at 1105 Cortelyou Road

Sales have been launched at 1105 Cortelyou Road, aka Stratford Terrace, a new residential condominium in Ditmas Park, Brooklyn. The mid-block development is located between Stratford Road and Westminster Road. 1105 Cortelyou Road will rise six floors and contain 10 residential apartments.  It will also have a   ground floor commercial space.  The building’s distinctive elevation features arched windows and doors According to the offering plan, the residential component of 1105 Cortelyou ...

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1595 Lexington Ave, 3E

Manhattan | February 2023

According to New York City records, the median price for an apartment in Manhattan for the month of February 2023 was $1,075,000.  The price represents a decrease of 2.3% from the median price of $1,100,000 recorded in February 2022. The number of apartment sales dropped dramatically from 985 to 649 reflecting a year-over-year decrease of 34.1%.   February represents the sixth consecutive month that the volume of year-over-year sales have dipped in ...

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45 Argyle Road

Brooklyn | February 2023

According to New York City records, the median price for an apartment in Brooklyn in the month of February 2023 was $657,000.  The price represents a 13.8% drop from last year’s median of $761,844.  The number of sales for the month fell significantly, plunging from 474 to 296 representing a year-over-year decrease of 38%.   February is the fifth consecutive month that the number of year-over-year sales has dropped in Brooklyn by ...

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Condo Sales Launched at 733 Ocean Parkway

Sales have been launched at 733 Ocean Parkway, aka Arbor, a new residential condominium in Kensington, Brooklyn. The mid-block development is located between Parkville Avenue and Foster Avenue. 733 Ocean Parkway will rise nine floors and contain 30 residential apartments across floors two through nine.   According to the offering plan, the residential component of 733 Ocean Parkway will have a sell out of $21.976 million.  There are an additional seven deeded parking ...

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