In the fourth quarter of 2015, median selling prices in the overall Manhattan real estate market rose 17% over the same period last year, according to data compiled by Vanderbilt Appraisal Company.
- Price increases were most significant for condos in Upper West Side and Downtown neighborhoods, posting a 44% increase in average sales price for the Upper West Side and a 52% increase in average sales price for Downtown.
- Sales activity increased in the middle price ranges of the market, where the number of total units sold was up 34% in the $3,000,000-to-$9,999,999 range year-over-year.
- The ultra-luxury market, including all properties over $10,000,000, saw 62 sales in the fourth quarter of 2015, representing less than both prior quarter and the same quarter of 2014.
128 East 73rd Street
This exceptionally wide red brick Neo-Georgian mansion is ideally situated on one of the Upper East Side’s most charming and architecturally significant townhouse blocks.
737 Park Avenue
Originally built in 1940 by famed architect Sylvan Bien, 737 Park Avenue has been transformed in to a luxury prewar condominium.
Brooklyn Heights’ Finest Home
An extremely rare 25-foot wide, meticulously restored, approximately 6,500-sq.ft. (excluding basement) Columbia Heights mansion with unparalleled views of the harbor, promenade, lower Manhattan, Brooklyn Bridge Park and Lady Liberty.