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Welcome to the Ratner Team Market Report for the 1st Quarter of 2017. In our Multifamily Market Review for Brooklyn the 1st Quarter data shows $993 million in sales volume, $340 dollars as the average price per square foot, and the average price per unit at $311,000 across 453 total transactions. The top multifamily sale in Brooklyn in the 1st quarter of 2017 was in the Williamsburg neighborhood. It sold for $55,675,000. The least expensive multifamily sale was in the Brooklyn Heights neighborhood, coming in at just $5,400,000.

 

The 5 most expensive neighborhoods were: Cobble Hill with an average of just $880 per square foot, Carroll Gardens at $845 per square foot, Clinton Hill at $656, Prospect Heights at $640 and Park Slope at $626. The 5 least expensive neighborhoods were: East NY with an average of just $90 per square foot, Remsen Village at $167 per square foot, New Lots at $175, Brownsville at $190 and Cypress Hills at $191.

 

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Welcome to the Ratner Team Market Report for the 1st Quarter of 2017. In our Multifamily Market Review for Manhattan, the 1st Quarter data shows $1 billion in sales volume, $908 dollars as the average price per square foot, and the average price per unit at $654,000 across 104 total transactions. The top multifamily sale in Manhattan in the 1st quarter of 2017 was in the Sutton Place neighborhood. It sold for $86,000,000. The least expensive multifamily sale was in the Upper West Side neighborhood, coming in at just $11,650,000.

The 5 most expensive neighborhoods were: Lenox Hill with an average of just $2693 per square foot, West Village at $1814 per square foot, Chelsea at $1191, Clinton- Hell’s Kitchen at $1089 and Carnegie Hill at $1086. The 5 least expensive neighborhoods were: Washington Heights with an average of just $314 per square foot, Hamilton Heights at $440 per square foot, East Harlem at $494, Sugar Hill at $495 and Harlem at $518.

 

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Don't forget to check our Brooklyn Made Blog and The Brooklyn Made Show.

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Check the full version of these reports and individual reports at:

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Welcome to the Ratner Team Market Report for the 4th Quarter of 2016. In our Multifamily Market Review for Brooklyn the 4th Quarter data shows $1.1 billion in sales volume, $411 dollars as the average price per square foot, and the average price per unit at $356,000 across 437 total transactions. The top multifamily sale in Brooklyn in the 4th quarter of 2016 was in the Downtown Brooklyn neighborhood.

It sold for $154,250,000. The least expensive multi-family sale was in the Flatbush neighborhood, coming in at just $5,060,000. The 5 least expensive neighborhoods were: Canarsie with an average of just $191 per square foot, New Lots at $194 per square foot, East New York at $197, Remsen Village at $198 and City Line at $205.

The most expensive neighborhood in Brooklyn by price per square foot was Carroll Gardens at average of $921.

 

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Check the full version of these reports and individual reports at:

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Welcome to the Ratner Team Market Report for the 4th Quarter of 2016. In our Multifamily Market Review for Manhattan, the 4th Quarter data shows $2.4 billion in sales volume, $508 dollars as the average price per square foot, and the average price per unit at $416,000 across 170 total transactions. The top multifamily sale in Manhattan in the 4th quarter of 2016 was in the Kips Bay neighborhood.

It sold for $620,000,000. The least expensive multifamily sale was in the Little Italy neighborhood, coming in at just $15,200,000. The 5 least expensive neighborhoods were: Hudson Heights with an average of just $244 per square foot, Inwood at $250 per square foot, Harlem at $260, Washington Heights at $309 and Hamilton heights at $325.

The most expensive neighborhood in Manhattan by price per square foot was in SoHo at average of $1,574.

 

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Don't forget to check our Brooklyn Made Blog and The Brooklyn Made Show.

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Check the full version of these reports and individual reports at:

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Welcome to the Ratner Team Market Report for the Jan 2017. In our Residential Market Review for Brooklyn, the Jan 2017 data shows the average price per square foot as $568, and the average price per unit at $671,000 across 726 total transactions. The top single-family residential sale in Brooklyn in Jan of 2017 was in the Park Slope neighborhood. It sold for $6,129,000.

 

The price per square foot was $2,395. The least expensive single family residential sale was in the Fort Greene neighborhood, coming in at just $2,175,000. The price per square foot was $948. The top condo sale sold for $4,483,507. The least expensive condo residential sale was in the DUMBO neighborhood, coming in at just $3,172,000. The top coop sale in Brooklyn was in the Brooklyn Heights neighborhood. It sold for $3,000,000. The least expensive sale was in the Cobble Hill neighborhood, coming in at just $1,350,000.

The 5 least expensive neighborhoods were East Flatbush with an average of just $280 per square foot, Flatlands at $299 per square foot, Brownsville at $310, East New York at $325, and New Lots at $339. The most expensive neighborhood in Brooklyn by price per square foot was Brooklyn Heights at an average of $1,430.

 

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If you like this information, the best way you can support us is with a 5-star rating. Share it with someone you know, and subscribe. We’ll put out new content and a whole new report every quarter.

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Interested in getting a free market analysis of your Manhattan property, renting your vacant apartment, or simply acquiring an investment property?

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We’re full-time professionals and always here to help!

 

Don't forget to check our Brooklyn Made Blog and The Brooklyn Made Show.

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Welcome to the Ratner Team Market Report for the 3nd Quarter of 2016.

In our Residential Market Review for Bro...

Welcome to the Ratner Team Market Report for the 3nd Quarter of 2016.

In our Residential Market Review for Man...

Welcome to the Ratner Team Market Report for the 3rd Quarter of 2016.

In our Multifamily Market Review for Brooklyn the 3rd Quarter data shows $1.3 billion in sales volume, $363 dollars as the average price per square foot, and the average price per unit at $326,000 across 541 total transactions.

The top multifamily sale in Brooklyn in the 3rd quarter of 2016 was in the Williamsburg neighborhood. It sold for $45,352,000. The least expensive multifamily sale was in the Borough Park neighborhood, coming in at just $7,900,000.

The 5 least expensive neighborhoods were: Coney Island with an average of just $123 per square foot, New Lots at $165 per square foot, Cityline at $187, Brownsville at $194 and East New York at $206.

The most expensive neighborhood in Brooklyn by price per square foot was Boerum Hill at average of $878.

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Welcome to the Ratner Team Market Report for the 3rd Quarter of 2016.

In our Multifamily Market Review for Manhattan, the 3rd Quarter data shows $1.6 billion in sales volume, $579 dollars as the average price per square foot, and the average price per unit at $421,000 across 155 total transactions.

The top multifamily sale in Manhattan in the 3rd quarter of 2016 was in the Financial District neighborhood. It sold for $239,114,604. The least expensive multifamily sale was in the Lenox Hill neighborhood, coming in at just $11,200,000.

The 5 least expensive neighborhoods were: Inwood with an average of just $248 per square foot, Hudson Heights at $288 per square foot, Harlem at $294, Washington Heights at $312 and East Harlem at $413.

The most expensive neighborhood in Manhattan by price per square foot was Greenwich Village at average of $1,411

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Manhattan Residential Market Report Q2 2016