Manhattan | April 2023

According to New York City records, the median price for an apartment in Manhattan for the month of April 2023 was $1,200,000.  The price represents an increase of 5.5% from the median price of $1,270,000 recorded in April 2022. The number of apartment sales, however, dropped dramatically from 1,139 to 813 reflecting a year-over-year decrease of 28.6%.  April represents the seventh consecutive month that the volume of year-over-year sales have dipped ...

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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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255 East 77th Street, Manhattan

The Naftali Group has filed permits for a 36-story residential development at the northwest corner of Second Avenue and East 77th Street.  The 475-foot tall tower will contain 55 apartments averaging more than 3,000 square feet per residence. The Naftali Group is well known for its penchant for developing luxury condominiums.  The company’s recent success on the Upper East Side followed the same formula - large uber luxury apartments in prime ...

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Manhattan | January 2022

According 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 ...

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