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GARMENT DISTRICT A monthly analysis of residential sales in Garment District, Manhattan June 2016
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Residential Market Report, June 2016
Residential Market Report, June 2016 Garment District, Manhattan
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
MANHATTAN MEDIAN SALE PRICE
$2.02M
6
$2,064
$1.05M
-
-
-
5% YoY
NEIGHBORHOOD BOUNDARIES
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RESIDENTIAL STATS Median Sale Price by Month $6.0M $5.0M $4.0M $3.0M
$2.0M
$2.0M $1.0M $
Median Sale Price by Quarter $3.0M $2.5M $2.0M
$1.6M
$1.5M $1.0M $500K $
Number of Transactions Year 2011 2012 2013 2014 2015 2016
Jan 2 6 7 2 4 2
Feb 1 6 4 2 1 2
Mar 2 8 3 5 3 5
Apr 5 7 8 4 2 3
May 5 8 7 1 1 2
Jun 11 9 2 5 0 6
Jul 7 6 6 7 1
Aug 8 9 5 1 3
Sep 5 7 7 3 5
Oct 7 7 2 1 5
Nov 10 7 5 1 1
Dec 13 7 4 19 3
20 15 10
6
5
5
2
3
2
2
0 Jan
Feb
Mar
Apr
May
Jun 2014 2015
Jul 2016
Aug
Sep
Oct
Nov
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Dec
Median Sale Price per Square Foot $6,000 $5,000 $4,000 $3,000 $2,064
$2,000 $1,000 $
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $2,020,000 Coops Houses -
Y-o-Y -
Median sale price/sqft $2,064 -
Y-o-Y -
Transactions 6 0 0
Number of Sales by Building Type
Condos Coops Houses
100%
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LIST OF TRANSACTIONS Address 400 5 Avenue #57A 400 5 Avenue #58A 400 5 Avenue #38F 502 9 Avenue #6B 400 5 Avenue #46C
BBL 1-00838-1180 1-00838-1183 1-00838-1059 1-00762-1121 1-00838-1117
Sale date 14-Jun-16 28-Jun-16 20-Jun-16 7-Jun-16 7-Jun-16
Sale price $5,651,288 $5,600,375 $2,020,000 $1,150,000 $957,500
Property type Condo Condo Condo Condo Condo
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Sqft 2,426 2,426 982 845 464
