Shirly.Sampa…, Other/Just Looking in New York, NY

What is the average price per square foot for apartments in Manhattan and in the west village?

Asked by Shirly.Sampath, New York, NY Mon Apr 22, 2013

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3
Anna Brocco’s answer
Keep in mind that square footage pricing does vary, and doesn't account for location and other considerations; therefore, it's really in your best interest to also review closed recently sold similar properties in the immediate area, and their final sales price...
1 vote Thank Flag Link Tue Apr 23, 2013
Hi Shirly,

March 2013 the average price per square foot Manhattan condo =$1,660
March 2013 the average price per square foot Manhattan co-op = $1,005

the first quartet of 2013 average ppsf for all Manhattan apartments =$1,040

1-Q-2013 -The average ppsf downtown condo =$1,495
1-Q-2013 - The average ppsf downtown coop=$960

more market data:

http://nycblogestate.com/2013/04/manhattan-market-report-fir…
http://nycblogestate.com/2013/04/manhattan-monthly-market-re…
2 votes Thank Flag Link Tue Apr 23, 2013
Mitchell Hall, Real Estate Pro in New York, NY
MVP'08
Contact
Hi, Shirley.
Please bear in mind that the average price per square foot is not necessarily the best gauge for what you should pay, as there are so many factors to consider when determining the value of a particular apartment.
That said, here is the link to the first quarter report on the NYC real estate market, compiled by leading expert and Chief Economist at Halstead Property, Greg Heym:

http://media.halstead.com/pdf/Halstead_QuarterlyReport_1Q13.pdf

Best,
Jenet Levy
Halstead Property, LLC
jlevy@halstead.com
212 381-4268
http://jenetlevy.halstead.com
1 vote Thank Flag Link Tue Apr 23, 2013
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