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GARMENT DISTRICT A monthly analysis of residential sales in Garment District, Manhattan June 2018
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Residential Market Report, June 2018 Garment District, Manhattan
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
MANHATTAN MEDIAN SALE PRICE
$2.83M
9
$2,080
$1.03M
18% YoY
80% YoY
46% YoY
-15% YoY
NEIGHBORHOOD BOUNDARIES
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RESIDENTIAL STATS Median Sale Price by Month $6.0M $5.0M $4.0M
$2.8M
$3.0M $2.0M $1.0M $
Median Sale Price by Quarter $2.5M
$2.3M
$2.0M $1.5M $1.0M $500K $
Number of Transactions Year 2013 2014 2015 2016 2017 2018
Jan 7 2 4 3 3 2
Feb 4 2 1 2 0 4
Mar 3 5 3 5 2 3
Apr 8 4 2 3 3 7
May 7 1 1 2 2 3
10
Jun 2 5 0 5 5 9
Jul 6 7 1 0 2
Aug 5 1 3 1 3
Sep 7 3 5 2 2
Oct 2 1 5 4 4
Nov 5 1 1 4 1
Dec 4 19 3 4 3
9 7
8
6
4
4
3
2
2
3
0 Jan
Feb
Mar
Apr
May
Jun 2016 2017
Jul 2018
Aug
Sep
Oct
Nov
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Dec
Median Sale Price per Square Foot $3,000 $2,500 $2,080
$2,000 $1,500 $1,000 $500 $
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $2,833,925 Coops Houses -
Y-o-Y 57% -
Median sale price/sqft $2,080 -
Y-o-Y 18% -
Transactions 9 0 0
Number of Sales by Building Type
Condos Coops Houses
100%
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LIST OF TRANSACTIONS Address 16 W 40th St #23A 16 W 40th St #21A 16 W 40th St #18A 16 W 40th St #23B 16 W 40th St #17C 16 W 40th St #21B 16 W 40th St #18D 502 Ninth Ave #4D
BBL 1-00841-1033 1-00841-1025 1-00841-1013 1-00841-1034 1-00841-1011 1-00841-1026 1-00841-1016 1-00762-1115
Sale date 22-Jun-18 29-Jun-18 1-Jun-18 8-Jun-18 21-Jun-18 22-Jun-18 14-Jun-18 4-Jun-18
Sale price $4,209,446 $3,950,000 $3,810,000 $2,850,000 $2,817,850 $2,760,000 $2,219,785 $747,000
Property type Condo Condo Condo Condo Condo Condo Condo Condo
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Sqft
1,074
1,067 486
