Cold Hard Facts
We specialize in townhouse and building sales in Manhattan. When representing sellers my area of focus is the downtown market. We pride ourselves on knowing the market better than anyone else. Below is a snapshot of 2014 first half data.
CHELSEA
(14th street to 29th streets from Fifth Avenue to the Hudson River)
AVERAGE SALES PRICE
Residential: $6.987mm (8 Transactions vs. 18 in 1H2013)
Commercial/Development: $11.323mm (7 Transactions vs. 10 in 1H2013)
Combined: $9.011mm (15 Transactions vs. 27 in 1H2013)
AVERAGE P.P.S.F:
Residential: $1,053
Commercial/Development: $729
Combined:$902
CENTRAL VILLAGE
(1st Street to 14th streets from Fifth Avenue to First Avenue)
AVERAGE SALES PRICE $8.893mm
AVERAGE PPSF $845
10 Transactions vs. 13 transactions in 1H2013
GRAMERCY
(15th Street to 29th Street from Fifth Avenue to First Avenue)
AVERAGE SALES PRICE $7.156mm
AVERAGE PPSF $841
13 Transactions vs. 10 transactions in 1H2013
AUTHOR
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