Manhattan | December 2022

According 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 ...

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959 Madison Street Brooklyn

Condo Sales Launched at 959 Madison Street, Bushwick, Brooklyn

Sales 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 ...

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114 East 90th Street, 1-A

This Week’s Price Chop – 114 East 90th Street, 1-A

The 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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The Magnificent Seven – Manhattan’s Top Studios

At present, there are just over 500 studio apartments available for sale in Manhattan.  We decided to take a quick perusal through the entire lot and come up with our top seven.  These are homes, or in some cases pieds-a terre, that warranted our attention in one way or another.  In each case there was something unique, whether it was the character, the value or even the low monthlies.  With ...

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Grand Opening of The Paxton at 540 Fulton Street, Brooklyn

The Paxton, a new mixed-use high-rise at 540 Fulton Street in Downtown Brooklyn is scheduled to open in February.  MNS Real Estate NYC is handing the initial lease up of the building's residential component. 540 Fulton Street is one of several towers that have sprouted in the Downtown Brooklyn neighborhood in the recent past.  Three of the boroughs tallest structures, Brooklyn Tower at 9 DeKalb Avenue, Brooklyn Point at 138 Willoughby ...

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