Real Estate
Prices plummet in Turtle Bay & East Midtown
BY SHAYE
WEAVER
Turtle Bay
– East Midtown
saw
the highest number
of price drops
across all New
York City neighborhoods
in October,
according to
a report by Realty-
Hop.com.
The real estate
website looks at important
quantitative
metrics provided by
its rental site, Rent-
Hop, that has “a trove” of rental data.
In its most recent report, RealtyHop
says that the Turtle Bay – East Midtown
neighborhood saw 245 price drops,
which is up 19 percent from 206 in
September, the report states. The Upper
East Side-Carnegie Hill followed
closely behind with 225 price drops in
October.
Manhattan neighborhoods in general
had the most price drops across the city,
including Hudson Yards-Chelsea-Flatiron
Union Square, Upper West Side
and the West Village.
The top fi ve addresses that saw the
highest dollar price drop were all in Manhattan,
in fact. One address in particular,
990 Fifth Ave., dropped $12,250,000 —
a 23.6 percent drop in price. The Central
Park penthouse apartment with fi ve
bedrooms and fi ve bathrooms is listed
by Sotheby’s for $39.7 million.
Long Island City/Queensbridge-Ravenswood
took the top spot as the neighborhood
with the highest median dollar
price drop in October with a decrease of
$2 million. SoHo/TriBeCa/Civic Center/
Little Italy had a median price drop of
$200,000 while the Bronx’s Morrisania/
Melrose saw a prices drop by $150,000.
The Upper East Side and Brooklyn’s
Starett City were No. 4 and 5 on the list
with $130,000 and $100,000 median
price decreases, respectively.
For more information, RealtyHop.
com also has an interactive map where
you can search each neighborhood’s
price drops.
The Villager Sales Guide
Listings selected at random. Courtesy StreetEasy.com and Google Maps
GREENWICH VILLAGE SOHO LOWER EAST SIDE CHELSEA
East 12th Street Charlton Street East Houston Street West 29th Street
Under $1 million
39 East 12th Street #203
Price:$739,000
Studio
Bathrooms: 1
Broker: Corcoran
Under $3 million
60 East 13th Street #2W
Price: $2,900,000
Beds: 2
Bathrooms: 2
Broker: Brown harris Stevens
Under $5 million
644 Broadway #3W
Price: $4,600,000
Beds: 3
Bathrooms: 2.5
Broker: Corcoran
Under $1 million
246 Spring Street #3509
Price:$995,000
Beds: 1
Bathrooms: 1.5
Broker: Corcoran Group
Under $3 million
110 Charlton Street #28E
Price: $2,820,000
Beds: 2
Bathrooms: 2
Broker: Corcoran Group
Under $5 million
46 Mercer Street #7W
Price: $3,500,000
Beds: 3
Bathrooms: 3
Broker: Capital Realty Investors
Under $1 million
415 Grand Street #E1801
Price:$950,000
Beds: 2
Bathrooms: 1
Broker: Corcoran
Under $3 million
252 South Street #41A
Price: $2,785,000
Beds: 2
Bathrooms: 2
Broker: Extell
Under $5 million
287 East Houston Street Penthouse
Price: $4,995,000
Beds: 3
Bathrooms: 2.5
Broker: Corcoran
Under $1 million
420 West 23rd Street #7C
Price:$999,900
Beds: 2
Bathrooms: 1
Broker: Sothebys
Under $3 million
144 West 18th Street #4N
Price: $2,295,000
Beds: 2
Bathrooms: 2
Broker: Corcoran
Under $5 million
515 West 29th Street #4S
Price:$4,250,000
Beds: 2
Bathrooms: 3
Broker: Corcoroan
26 November 7, 2019 Schneps Media
/Hop.com
/StreetEasy.com
