The 3rd Quarter Report for Manhattan and Brooklyn came out at the beginning of the month. Here is a link to the report so you can read it for yourself, http://www.prudentialelliman.com/MainSite/MarketReports/Repo
We are seeing buyers who are nervous about the market and some sellers that are ready to negotiate. Our financially qualified buyers are able to make aggressive offers in this type of market.
In Manhattan and Brookyln, you can find a sponsor unit for around 175-225k. In Queens, the pricing starts at around 130k as does the Bronx.
If you would like more information about a particular neighborhood or would like to speak about your real estate goals, feel free to email me.