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LITTLE ITALY A quarterly analysis of residential sales in Little Italy, Manhattan 4th Quarter 2017

P: 718-715-1758 www.PropertyShark.com [email protected]

Residential Market Report, 4th Quarter 2017

Residential Market Report, 4th Quarter 2017 Little Italy, Manhattan

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

MANHATTAN MEDIAN SALE PRICE

$1.35M

3

$1,250

$1.1M

8% YoY

200% YoY

-20% YoY

11% YoY

NEIGHBORHOOD BOUNDARIES

P: 718-715-1758 www.PropertyShark.com [email protected]

RESIDENTIAL STATS Median Sale Price by Quarter $5.0M $4.5M $4.0M $3.5M $3.0M $2.5M $2.0M $1.5M $1.0M $500K $

$1.3M

Median Sale Price by Year $3.5M $3.0M $2.2M

$2.5M $2.0M $1.5M $1.0M $500K $

Number of Transactions Quarter Q1 Q2 Q3 Q4

2012 1 0 1 6

9 8 7 6 5 4 3 2 1 0

2013 2 2 1 5

2014 2 1 3 2

2015 0 0 2 1

2016 4 8 1 1

2017 5 0 2 3

5 3

2 0 Q1

Q2

2015

Q3

2016

Q4

2017

P: 718-715-1758 www.PropertyShark.com [email protected]

Median Sale Price per Square Foot $2,000

$1,500 $1,250

$1,000 $500

$

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $1,349,181 Coops Houses -

Y-o-Y 8% -

Median sale price/sqft $1,250 -

Y-o-Y -20% -

Transactions 3 0 0

Number of Sales by Building Type

Condos Coops Houses

100%

P: 718-715-1758 www.PropertyShark.com [email protected]

LIST OF TRANSACTIONS Address 176 Mulberry St #2 123 Baxter St #2D 179 Grand St #2F

BBL 1-00471-1106 1-00206-1109 1-00236-1007

Sale date 17-Nov-17 11-Oct-17 20-Dec-17

Sale price $3,350,000 $1,349,181 $990,000

Property type Condo Condo Condo

P: 718-715-1758 www.PropertyShark.com [email protected]

Sqft 1,773 1,079 837