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7
TRIBECA
A quarterly analysis of residential sales
in TriBeCa, Manhattan
1st Quarter 2019
Residential Market Report, 1st Quarter 2019Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
3% YoY
MANHATTAN
MEDIAN SALE PRICE
-3% YoY
MEDIAN PRICE/SQ.FT.
30% YoY
NO. OF TRANSACTIONS
19% YoY
MEDIAN SALE PRICE
Residential Market Report, 1st Quarter 2019
TriBeCa, Manhattan
SUMMARY
$4.25M 70 $1,790 $1.12M
NEIGHBORHOOD BOUNDARIES
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
2014
110
83
80
52
2015
63
70
2019
70
2018
54
79
117
92
2017
148
147
86
71
2016
115
102
153
113
91
66
Quarter
Q1
Q2
Q3
Q4
Number of Transactions
Median Sale Price by Year
Median Sale Price by Quarter
RESIDENTIAL STATS
$4.3M
$
$1.0M
$2.0M
$3.0M
$4.0M
$5.0M
$6.0M
$4.0M
$
$500K
$1.0M
$1.5M
$2.0M
$2.5M
$3.0M
$3.5M
$4.0M
$4.5M
$5.0M
70
0
20
40
60
80
100
120
140
160
Q1 Q2 Q3 Q4
2017 2018 2019
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
Y-o-Y
-2%
23%
-
Transactions
57
12
0
25%
29%
-
Median sale price/sqft
$1,857
$1,568
-
Property Type
Condos
Coops
Houses
Median sale price
$5,025,000
$2,285,000
-
Y-o-Y
Number of Sales by Building Type
Type of Residential Properties Sold
Median Sale Price per Square Foot
$1,790
$
$500
$1,000
$1,500
$2,000
$2,500
$3,000
RESIDENTIAL SALES BREAKDOWN
83%
17%
Condos
Coops
Houses
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
Coop
Condo
1,850
1,900
1,676
1,589
1,562
1,840
1,700
2,191
Condo
Condo
Condo
Condo
Condo
Condo
28-Jan-19
8-Mar-19
$3,145,000
$3,050,000
$3,000,000
$2,950,000
$2,900,000
$2,800,000
$2,690,000
$2,500,000
12-Feb-19
27-Feb-19
21-Mar-19
1-Feb-19
9-Jan-19
3-Jan-19
14 Jay St #7
37 Walker St #4
1-00215-1135
1-00144-1002
1-00132-1403
1-00134-1464
1-00133-1804
1-00222-1013
1-00143-0025
1-00193-1304
415 Greenwich St #5D
42 Hudson St #2FL
83 Murray St #2
25 Murray St #7G
53 Warren St #4
181 Hudson St #6D
2,292
2,342
2,176
1,850
1,677
1,650
2,300
2,492
1,973
1,920
Condo
Condo
Condo
Coop
Condo
Condo
Condo
Condo
Condo
Condo
Condo
Condo
$3,836,438
$3,700,000
$3,675,000
$3,500,000
$3,300,000
$3,250,000
$4,500,000
$4,400,000
$4,100,000
$4,050,000
$3,920,263
$3,870,000
21-Feb-19
13-Mar-19
7-Feb-19
11-Mar-19
1-Feb-19
5-Feb-19
25-Mar-19
29-Jan-19
26-Mar-19
7-Feb-19
25-Mar-19
23-Jan-19
1-00188-1505
1-00132-1063
1-00173-1204
1-00210-0026
1-00218-1003
1-00142-1549
1-00190-1321
1-00142-1894
1-00173-1208
1-00217-1234
1-00142-1847
1-00142-1625
60 Beach St #2A
275 Greenwich St #6DS
65-77 Worth St #2C
45 Lispenard St #2E
88 Laight St #3
101 Warren St #11J
27 N Moore St #4C
101 Murray St #34W
65-77 Worth St #3A
250 West St #4G
101 Murray St #17A
101 Warren St #1550
1,669
2,360
2,436
2,219
4,663
2,409
3,500
3,282
Condo
Condo
4,016
3,699
4,574
Coop
Condo
Condo
Condo
Condo
Condo
Condo
Condo
Condo
Condo
Condo
Condo
Condo
Condo
Condo
Condo
Condo
Condo
Coop
Condo
Condo
Condo
Condo
Condo
$5,300,000
$5,250,000
$5,250,000
$5,150,000
$4,900,000
$4,750,000
$7,200,000
$6,924,100
$6,761,138
$6,053,000
$5,350,000
$5,350,000
$9,316,988
$9,164,250
$8,909,688
$8,000,000
$8,000,000
$7,722,000
18-Jan-19
22-Mar-19
$12,950,000
$12,750,000
$12,376,829
$12,142,631
$11,648,526
$11,100,000
$10,750,000
$10,200,000
19-Feb-19
31-Jan-19
14-Mar-19
12-Mar-19
22-Mar-19
5-Feb-19
21-Feb-19
11-Mar-19
18-Jan-19
14-Jan-19
7-Feb-19
1-Feb-19
7-Feb-19
15-Jan-19
15-Jan-19
7-Feb-19
30-Jan-19
30-Jan-19
10-Jan-19
5-Feb-19
30-Jan-19
11-Mar-19
25-Jan-19
5-Feb-19
1-00135-1802
1-00193-1606
1-00175-1549
1-00142-1923
1-00222-1106
1-00123-1164
1-00214-1207
1-00142-1903
1-00212-1406
1-00222-1207
1-00225-1002
1-00217-1421
1-00142-1921
1-00142-1915
1-00142-1924
1-00218-1302
1-00123-1005
1-00142-1882
195 Hudson St #2C
30 Park Pl #50E
1-00132-0026
1-00214-1221
1-00142-1930
1-00142-1934
1-00142-1928
1-00123-1232
1-00179-1506
1-00222-1220
465-469 Greenwich St #5W
412 Greenwich St #2F
12 Warren St #THN
42 White St #6
5 Franklin Pl #17B
101 Murray St #44B
2 Park Pl #32A
101 Murray St #28W
7 Hubert St #M9
101 Murray St #37W
11 Beach St #3A
443 Greenwich St #1G
15 Leonard St #PH
443 Greenwich St #3C
101 Murray St #43W
101 Murray St #41W
101 Murray St #44W
415 Washington St #THB
75 Warren St #XX
7 Hubert St #6B
101 Murray St #47W
101 Murray St #49W
101 Murray St #46W
30 Park Pl #69A
Property type
Condo
Condo
Condo
Condo
Sqft
4,986
Sale date
15-Feb-19
11-Mar-19
26-Feb-19
18-Jan-19
Sale price
$39,285,000
$19,600,000
$15,000,000
$13,240,000
Address
70 Vestry St #12S
56 Leonard St #PH54
443 Greenwich St #PHF
412 Greenwich St #PHC
BBL
1-00223-1144
1-00176-1142
1-00222-1251
1-00217-1433
LIST OF TRANSACTIONS
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
868
885
748
634
432
440
Condo
Condo
Condo
Condo
$1,090,000
$1,037,500
$999,500
$858,000
$640,000
$630,000
31-Jan-19
28-Feb-19
24-Jan-19
14-Mar-19
1-00132-1070
1-00135-1002
1-00132-1032
1-00140-1044
1-00137-1095
1-00137-1088
275 Greenwich St #4BS
303 Greenwich St #5F
295 Greenwich St #8JN
295 Greenwich St #7ON
1,144
611
275 Greenwich St #6LS
260 Broadway #7C
29-Jan-19
28-Feb-19
Condo
Coop
Coop
Condo
Coop
Condo
Sqft
1,500
1,400
1,350
$1,750,000
$1,658,000
$1,350,000
$1,189,000
Property type
Coop
Coop
Coop
Coop
Coop
25-Mar-19
15-Feb-19
28-Feb-19
6-Feb-19
Sale price
$2,500,000
$2,395,000
$2,175,000
$1,875,000
$1,850,000
1-00146-0021
1-00180-1107
1-00189-0010
1-00173-1153
Sale date
11-Jan-19
30-Jan-19
13-Feb-19
28-Jan-19
22-Mar-19
134 Duane St #4S
67 Hudson St #2B
156 Franklin St #1R
93 Worth St #606
BBL
1-00136-0012
1-00189-1152
1-00179-0021
1-00143-0001
1-00193-0016
Address
56 Warren St #5W
38 N Moore St #9B
10 Leonard St #5S
165 Duane St #4B
36 White St #5
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
T E R TNER TE
Jessie TorresNYC Condo, Co-op &
New Development Expert
David atner Commercial & esidential
Brooklyn xpert
Meet the power team for assisting you in selling, buying, renting, and investing in NYC real
estate
Connect with the leading team for selling, buying, and investing in NYC real estate
The atner Team at Warren Lewis Sotheby's International are your personal NYC real estate
contacts for getting what you want most out of your next transaction.
Sales & ental of Homes, Townhouses & Brownstones
NYC Condo Sales, urchases & entals
New Developments & Development Sites
Commercial roperty Multifamily Buildings, Mixed se, ffice Buildings, etail & Land
FF Market Investment roperties in Brooklyn and Manhattan
ead more ead moreead more
Eiffel DelRosarioResidential Sales &
Rentals Specialist
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
C L I E N T R E V I E W S"I asked David & his Team to find a tenant for my building. Could not have asked for a more
professional and effective service.” Joseph Fellner
"David, I can't express enough how grateful I am for all your hard work with selling my Cobble
Hill Townhouse! You did an amazing job and achieved a record that I didn't even expect, to be
honest. From now own any real estate related work is yours. Keep up the good work and I am
looking forward working with you again! “ David.K
"David & his Team was incredibly professional and responsive throughout our apartment search
process. He responded to emails promptly and ensured we felt secure about the lease and
apartment. Can't recommend him highly enough. “ Grace. G
"It was a pleasure working with Dave & his Team. Very professional, knowledgable and kept us
informed throughout the proccess. We have used their services before and will do so again in
the future. Halina and Jack (Local Landlords)”
"First and foremost, David is a good guy to deal with. More often then not, it's hard to find a
realtor who's easy going. David is professional, diligent and a good listener. He also doesn't BS.
He tells it like it is when he's creating a strategy for you, yet a smooth-talker with the landlords.
The bottom line is, he has your best interests in mind because he knows that a happy client is a
repeat client- and that will definitely be the case with me.” Spencer Zabiela
"David just recently landed me an amazing place in NYC. I was under a very limited amount of
time to find a new home and David was able to find me an awesome new apartment for a
great price and in an ideal location for work. The man knows how operate in times of pressure
and I'm proud to call him my friend after going through the moving process with him. The man
is honestly among the best of the best in the industry and I'd highly recommend him to anybody
who is serious about finding the right home. “ Tyler Clinton
READ MORE REVIEWS
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
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Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
THE BROOKLYN MADE SHOWrom T e Ratner Team t s s t e roo n ade odcast a s ow a o troo n rea estate entre rene rs s nesses and t e ro ess ona s e ndone o t e ottest rea estate mar ets n t e wor d.
T e roo n ade ow s a one sto s o or an one nterested n ewor Rea state ntre rene rs and s ness. n t e s ow o earna a e ns ts rom ew or s nd str eaders.
tate to date w t t e atest oca rea estate and s ness news. o owmar et trends sten to e c t n oca stor es and m c more
ac mont o r s ow w eat re oca entre rene rs ro ess ona s and reaestate e erts t at we are ea er or o to meet.
www. roo n ade. o odcast
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]
O U R P R E F E R R E D V E N D O R S
SPARTAN RENOVATIONS
Multifamily Market Report, 3rd Quarter 2018
Warren Lewis Sotheby's International Realty
The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]