The recent median sale price was $830,000 for all types of housing in the metro area. The median list price of homes was $895K, demonstrating the existence of a some-what buyer’s market. Homes are selling at a moderate speed, with the median days on market being 126 days which is slightly less than last year. Tribeca is the most expensive neighborhood, based on a median listing price of $3.6M. Meanwhile, Riverdale has a median listing price of $360,000, making it the least expensive neighborhood in New York City.
The following are some examples of recent residential real estate deals in New York City.
This upgrade studio apartment sold for $250,000. It is located in the Turtle Bay neighborhood of Manhattan and is 580 square feet in size. This apartment is located in a co-op building that was built in 1960. It was fully renovated and modernized to a high quality standard. The building has a southern exposure, with a view of the Chrysler Building. The building has a doorman and an equipped health club. It also features a landscaped roof deck, laundry room and garage with a reduced rate for residents.
This spacious 2 bedroom, 1 bath apartment sold for $407,000. It is located in the famous Lenox Hill neighborhood of Manhattan. The apartment is 950 square feet in size and is located in a co-op building that was built in 1959. The apartment has three different exposures and comes with a fully modernized and equipped kitchen. Other features of the building include: Full Time Doorman, Laundry Room (new), Bike Storage , Resident Super, Pet Friendly, and a landscaped Roof Deck ( which can also be rented for private use).
This duplex house sold for $748,000 and has three bedrooms and two bathrooms. It is located in the Glendale neighborhood of Queens (a borough of New York City). It is 1,200 square feet in size and was built in 1925. The house sits on a lot that is 24 feet wide and 100 feet deep. The property includes a private driveway and carport for one car. Other features of this house include: Full size partially finished basement, Eat-in Kitchen, Formal Dining Room, Wall To Wall Carpet, Baseboard Natural Gas Heating, and includes a Dryer, Oven, Refrigerator, and Washer.
This well built and attractive attached house sold for $848,000 and has three bedrooms and three bathrooms. It is located in the Middle Village neighborhood of Queens. The house is 1,791 square feet in size and of solid built brick design, built in 1940. The property lot is 18 feet wide and 100 feet deep. There is an attached private one car garage and a full size and fully finished basement, which has access directly to the outside plus the house. The home also features a nice rear yard, a fully redone and modernized kitchen, hardwood floors and modern recessed lighting. There is a very highly rated K-8 public school only one half mile away.
True high-end luxury in the great Manhattan neighborhood of Turtle Bay. It sold for $1,750,000 and has four bedrooms and four bathrooms in its two floors, with a total space of 73,000 square feet, including a very large panoramic terrace. This penthouse is in a classic and very upscale co-op building, built in 1925. This home has been fully renovated and modernized and has a semi-private elevator accessible to each floor of the penthouse. In addition to the large terrace that provides river views, this penthouse also features: a real wood burning fireplace, top of the line modern kitchen and appliances, walk in kitchen pantry, on site super, and 24 hour doorman. The building is adjacent to two of the nicest parks in the city and some of the best food shops and restaurants are nearby.