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6 Karen Kostiw P: 917.524.4152 [email protected] www.karenkostiw.com NOLITA A quarterly analysis of residential sales in NoLIta, Manhattan 4th Quarter 2018

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Page 1: NOLITA - Karen Kostiw · Type of Residential Properties Sold Median Sale Price per Square Foot $1,938 $ $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 RESIDENTIAL SALES BREAKDOWN

6

Karen Kostiw

P: 917.524.4152

[email protected]

www.karenkostiw.com

NOLITA

A quarterly analysis of residential sales

in NoLIta, Manhattan

4th Quarter 2018

Residential Market Report, 4th Quarter 2018

Page 2: NOLITA - Karen Kostiw · Type of Residential Properties Sold Median Sale Price per Square Foot $1,938 $ $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 RESIDENTIAL SALES BREAKDOWN

-7% YoY

MANHATTAN

MEDIAN SALE PRICE

-7% YoY

MEDIAN PRICE/SQ.FT.

150% YoY

NO. OF TRANSACTIONS

127% YoY

MEDIAN SALE PRICE

Residential Market Report, 4th Quarter 2018

NoLIta, Manhattan

SUMMARY

$2.92M 10 $1,938 $1.02M

NEIGHBORHOOD BOUNDARIES

Karen Kostiw

P: 917.524.4152

[email protected]

www.karenkostiw.com

Page 3: NOLITA - Karen Kostiw · Type of Residential Properties Sold Median Sale Price per Square Foot $1,938 $ $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 RESIDENTIAL SALES BREAKDOWN

2018

Q1 5 7 11 6 7 4

Quarter 2013 2014 2015 2016 2017

21

Q3 27 7 13 4 4 16

Q2 6 4 10 2 4

10Q4 6 5 10 3 4

Number of Transactions

Median Sale Price by Year

Median Sale Price by Quarter

RESIDENTIAL STATS

$2.9M

$

$2.0M

$4.0M

$6.0M

$8.0M

$10.0M

$12.0M

$2.1M

$

$500K

$1.0M

$1.5M

$2.0M

$2.5M

$3.0M

$3.5M

4

21

16

10

0

5

10

15

20

25

Q1 Q2 Q3 Q4

2016 2017 2018

Karen Kostiw

P: 917.524.4152

[email protected]

www.karenkostiw.com

Page 4: NOLITA - Karen Kostiw · Type of Residential Properties Sold Median Sale Price per Square Foot $1,938 $ $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 RESIDENTIAL SALES BREAKDOWN

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions

0

Condos $2,925,000 57% $1,938 -7% 10

Coops - - - -

Houses - - - - 0

Number of Sales by Building Type

Type of Residential Properties Sold

Median Sale Price per Square Foot

$1,938

$

$500

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

RESIDENTIAL SALES BREAKDOWN

100%

Condos

Coops

Houses

Karen Kostiw

P: 917.524.4152

[email protected]

www.karenkostiw.com

Page 5: NOLITA - Karen Kostiw · Type of Residential Properties Sold Median Sale Price per Square Foot $1,938 $ $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 RESIDENTIAL SALES BREAKDOWN

SqftAddress BBL Sale date Sale price Property type

1,834

211 Elizabeth St #3S 1-00493-1104 12-Dec-18 $3,150,000 Condo 1,114

354 Broome St #6F 1-00478-1043 3-Dec-18 $2,100,000 Condo

879

211 Elizabeth St #3E 1-00493-1105 23-Oct-18 $1,650,000 Condo 751

14 Prince St #3B 1-00492-1017 10-Oct-18 $1,475,000 Condo

LIST OF TRANSACTIONS

Karen Kostiw

P: 917.524.4152

[email protected]

www.karenkostiw.com


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