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NORTHEAST BRONX A monthly analysis of residential sales in Northeast Bronx, Bronx May 2016

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

Residential Market Report, May 2016

Residential Market Report, May 2016 Northeast Bronx, Bronx

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

BRONX MEDIAN SALE PRICE

$340K

36

$238

$215K

39% YoY

13% YoY

17% YoY

-7% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Month $400K

$340K

$350K $300K $250K $200K $150K $100K $50K $

Median Sale Price by Quarter $400K $319K

$350K $300K $250K $200K $150K $100K $50K $

Number of Transactions Year 2011 2012 2013 2014 2015 2016

Jan 25 29 24 26 31 40

Feb 40 33 28 30 37 34

Mar 29 30 38 33 39 40

Apr 41 21 38 42 36 35

May 52 44 34 40 32 36

Jun 35 40 41 51 39

Jul 43 40 42 43 44

Aug 39 29 32 43 41

Sep 29 33 36 53 39

Oct 38 34 57 50 32

Nov 38 32 39 46 34

Dec 32 56 51 47 51

60 50 40

40

34

40

35

36

30 20 10 0 Jan

Feb

Mar

Apr

May

Jun 2014 2015

Jul 2016

Aug

Sep

Oct

Nov

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Dec

Median Sale Price per Square Foot $300 $250

$238

$200 $150 $100 $50 $

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $475,000 Coops $122,500 Houses $364,200

Y-o-Y 210% 19% 4%

Median sale price/sqft $435 $200 $238

Y-o-Y 127% 16%

Transactions 1 10 25

Number of Sales by Building Type 3%

28% Condos Coops Houses 69%

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LIST OF TRANSACTIONS Address 2481 Delanoy Ave 254 Bowne Street #244A 1949 Yates Ave 2921 Wallace Ave 3039 Gunther Ave 4523 Seton Ave 1645 Bogart Ave 2730 Gunther Ave 711 Sagamore St 2863 Dewitt Pl 2557 Westervelt Ave 744 Van Nest Ave 1958 Bussing Ave 2901 Dewitt Pl 1647 Yates Ave 3477 Mickle Ave 3057 Wilson Ave 1235 E 223 St 2724 Gunther Ave 4302 Boyd Ave 2105 Wallace Ave #5B 1154 Adee Ave 2550-2560 Olinville Ave #14M 2186 Cruger Ave #5L 665 Thwaites Pl #1J 2080-2090 Barnes Ave #4A 2080-2090 Barnes Ave #6D 2081-2085 Cruger Ave #4K 747 E 226 St #3C

BBL 2-04495-0037 2-05645-1007 2-04274-0016 2-04548-0049 2-04773-0016 2-05124-0026 2-04092-0018 2-04803-0046 2-04258-0152 2-04564-0162 2-04486-0059 2-04038-0007 2-05016-0003 2-04564-0143 2-04111-0011 2-04723-0006 2-04588-0033 2-04898-0028 2-04803-0044 2-05050-0001 2-04291-0014 2-04560-0027 2-04429-0001 2-04319-0015 2-04341-0001 2-04293-0010 2-04293-0010 2-04287-0001 2-04840-0023

Sale date 25-May-16 27-May-16 11-May-16 3-May-16 27-May-16 26-May-16 17-May-16 26-May-16 5-May-16 5-May-16 27-May-16 31-May-16 19-May-16 11-May-16 5-May-16 5-May-16 27-May-16 3-May-16 5-May-16 18-May-16 13-May-16 19-May-16 13-May-16 2-May-16 11-May-16 12-May-16 9-May-16 5-May-16 18-May-16

Sale price $595,000 $475,000 $469,500 $452,000 $439,000 $434,660 $432,000 $425,000 $386,250 $374,400 $368,400 $359,999 $355,000 $340,000 $340,000 $328,570 $325,000 $315,000 $250,000 $217,000 $180,000 $170,000 $150,000 $134,000 $125,000 $120,000 $120,000 $104,000 $50,000

Property type House Condo House House House House House House House House House House House House House House House House House House Coop House Coop Coop Coop Coop Coop Coop Coop

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

Sqft 1,900 1,092 1,636 2,014 1,890 1,280 1,122 1,088 1,848 1,536 1,400 1,164 1,746 1,536 1,948 1,024 1,782 960 1,088 1,146 900 1,440