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WASHINGTON HEIGHTS A quarterly analysis of residential sales in Washington Heights, Manhattan 2nd Quarter 2016

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

Residential Market Report, 2nd Quarter 2016

Residential Market Report, 2nd Quarter 2016 Washington Heights, Manhattan

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

MANHATTAN MEDIAN SALE PRICE

$595K

25

$630

$1.1M

51% YoY

-49% YoY

4% YoY

16% YoY

NEIGHBORHOOD BOUNDARIES

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

RESIDENTIAL STATS Median Sale Price by Quarter $700K

$595K

$600K $500K $400K $300K $200K $100K $

Median Sale Price by Year $500K $450K $400K $350K $300K $250K $200K $150K $100K $50K $

$445K

Number of Transactions Quarter Q1 Q2 Q3 Q4

2011 28 27 19 17

2012 23 24 33 24

2013 18 27 37 38

2014 38 21 75 46

2015 30 49 32 31

2016 33 25

80 70 60 50 33

40

25

30 20 10 0 Q1

Q2 2014

Q3 2015

Q4

2016

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

Median Sale Price per Square Foot $700 $600 $500 $400 $300 $200 $100 $

$630

RESIDENTIAL SALES BREAKDOWN" Type of Residential Properties Sold Property Type Median sale price Condos $577,500 Coops $600,000 Houses -

Y-o-Y -11% 107% -

Median sale price/sqft $762 $610 -

Y-o-Y 16% 24% -

Transactions 6 19 0

Number of Sales by Building Type

24%

Condos Coops Houses

76%

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LIST OF TRANSACTIONS Address 371 Ft Washington Ave #5I 790 Riverside Dr #1A 779 Riverside Drive #A31 800 Riverside Dr #2G 779 Riverside Drive #C32 359 Ft Washington Ave #1I 371 Ft Washington Ave #6H 790 Riverside Dr #7K 4018-4038 Broadway #4I 870 Riverside Dr #7D 330-340 Haven Ave #5B 330-340 Haven Ave #6B 779 Riverside Drive #B30 15818-15900 Riverside Dr W #1C 807 Riverside Drive #3A 8-156 Riverside Drive West #2F 330-340 Haven Ave #2J 870 W 181 St #45 330-340 Haven Ave #1C 330-340 Haven Ave #1M 474 W 158 St #2 474 W 158 St #32 15 Ft Washington Ave #5F 779 Riverside Drive #C40 501 W 156 St #54

BBL 1-02139-0523 1-02134-0071 1-02134-1230 1-02134-0195 1-02134-1241 1-02139-0530 1-02139-0523 1-02134-0071 1-02126-0001 1-02136-0036 1-02177-0234 1-02177-0234 1-02134-1233 1-02135-0060 1-02134-1421 1-02134-1585 1-02177-0234 1-02177-0170 1-02177-0234 1-02177-0234 1-02108-0035 1-02108-0035 1-02136-0050 1-02134-1254 1-02115-0040

Sale date 9-Jun-16 27-Jun-16 5-Apr-16 31-May-16 29-Jun-16 9-Jun-16 28-Jun-16 5-Apr-16 31-May-16 15-Apr-16 6-May-16 25-May-16 25-Apr-16 10-May-16 20-Apr-16 25-Apr-16 31-May-16 21-Jun-16 27-Apr-16 27-Jun-16 30-Jun-16 20-Jun-16 19-May-16 3-Jun-16 11-May-16

Sale price $985,000 $965,517 $825,000 $825,000 $809,509 $805,000 $749,000 $700,000 $695,000 $675,000 $615,000 $600,000 $595,000 $565,000 $560,000 $456,300 $360,000 $330,000 $325,000 $299,000 $295,500 $286,000 $270,000 $239,304 $150,000

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

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

Sqft 1,600 1,600 1,083 1,049 1,278 1,000 875 1,289

754 818

650 700

649