ember 01 Absorption Report Manhattan Apartments
ember 01 Highlights The Manhattan absorption rate dipped from last month, to a 7.3-month supply of available units At. months, condo absorption rates remained well above the co-op level of. months. With a 5.3-month supply of units for sale in ember, Upper Manhattan was the tightest market. BrownHarrisStevens.com WEB# 1973 Definitions Listings: Number of active listings transmitted through the Real Estate Board of New York s listing service at the beginning of the month. Absorption Rate: How many months it would take to sell all active listings in a given market. We calculate it by dividing the number of listings by the average number of closings over the prior months. Historically, an absorption rate between 9 months indicates a balanced market. BrownHarrisStevens.com WEB# 191777 Cover Property: BrownHarrisStevens.com WEB# 1700107
Manhattan 5. 5.1 5.. 7..0..0 7.. 7.. 7.3 10 BrownHarrisStevens.com WEB# 17955 Studio 9 5.5 0 7. 9 5.5 1-Bedroom 970.9 1,00. 0 5.1 -Bedroom 1,03.5 1,0 9. 1,03.7 3+Bedroom 1,19 13.7 1,07 1. 1,01 10. Loft 15 11.3 7.1 57 9.5 All 3,55. 3,57 10.5 3,50 7.0 BrownHarrisStevens.com WEB# 191707 Studio 0. 07 5..9 1-Bedroom 1,15 5.5 1,173. 70 3.5 -Bedroom 90.1 970 7.5 7.5 3+Bedroom 7 9.7 99 11. 3. Loft 153. 17. 30 5.7 All 3,70. 3,513 7.,703.5 DECEMBER 01 ABSORPTION REPORT Brown Harris Stevens 3
East Side Generally 59th Street to 9th Street, Fifth Avenue to the East River 10 5.5 5.0 5.7 7.0 7...7.0 7..1 7.5.9 7. BrownHarrisStevens.com WEB# 19039990 Studio 5 5.0 7..1 1-Bedroom 131 7.3 1.0 9.0 -Bedroom 1 7.3 19.1 135.9 3+Bedroom 190 11. 19 1. 179 10. All 70. 7 9.7 3 5. BrownHarrisStevens.com WEB# 10591 Studio 99 5. 11. 9 3.3 1-Bedroom 30.0 37 7. 3.7 -Bedroom 309 7. 33 9.0 5 5. 3+Bedroom 31 9.5 337 11.5 31 9. All 1,0 7.1 1,11. 3 5.3 DECEMBER 01 ABSORPTION REPORT Brown Harris Stevens
West Side Generally 59th to 110th Street, Hudson River to West of Fifth Avenue.1 3. 3.9.5 5.1.0..1 5..5 5. 7..3 0 BrownHarrisStevens.com WEB# 107109 Studio 5.0.0 1 5.3 1-Bedroom 11 5.9 113. 9 3.1 -Bedroom 13. 17 7.9 15.3 3+Bedroom 17 13.0 07 11.9 15 7. All 95. 71.5 03.7 BrownHarrisStevens.com WEB# 179700 Studio 53 3. 51 5.0 9.0 1-Bedroom 151.0 10 5.7 1 3. -Bedroom 177 5.1 19 5. 135 3.3 3+Bedroom 11. 15 9. 131.1 All 5 5.0 57. 1 3. DECEMBER 01 ABSORPTION REPORT Brown Harris Stevens 5
Midtown East Generally 3th to 59th Street, Fifth Avenue to the East River 10. 5..3 7.3. 9. 9. 9.5. 7.3.5 9. 7.7 BrownHarrisStevens.com WEB# 10910 Studio 5 3. 9.7 3.3 1-Bedroom 1.1 15.7 1 7.0 -Bedroom 10 11.9 17 1. 13 9.1 3+Bedroom 97 1.9 95 15.0 13 10.7 All. 11. 37.5 BrownHarrisStevens.com WEB# 17955 Studio 9.5 9 5.1 9. 1-Bedroom 7. 7. 15. -Bedroom 1. 15 9. 13.9 3+Bedroom 9 17. 1 17. 9 1.1 All 571 7. 571..9 DECEMBER 01 ABSORPTION REPORT Brown Harris Stevens
Midtown West Generally 3th to 59th Street, Hudson River to West of Fifth Avenue 1 7.1. 7..0.3 9.0 9. 9.5 9. 7.9 9.1 1. 10.0 1 10 BrownHarrisStevens.com WEB# 1939373 Studio 7.3 51 11. 9.1 1-Bedroom 151.7 13 11.9 15. -Bedroom 13 10.9 133 11. 137.1 3+Bedroom 119 37. 115 3.1 9 5. All 50 11.5 1. 09. BrownHarrisStevens.com WEB# 17901 Studio. 7.0 19 3.0 1-Bedroom 5. 5 10.5.1 -Bedroom 33 7. 3 9.1 7 7.0 3+Bedroom 1.0 15 30.0 10 10.0 All 17.7 13 9. 9. DECEMBER 01 ABSORPTION REPORT Brown Harris Stevens 7
Downtown 3th - 1th Street 5.3 5.0 5. 7.0 7... 7..7 5.7 7.1.3 7.0 0 BrownHarrisStevens.com WEB# 1700909 Studio 7. 9 1. 0.1 1-Bedroom 119 5. 1 5.5 7 3.3 -Bedroom 157 7.9 13. 13. 3+Bedroom 15 0. 131 0.7 157 1.9 Loft. 7.3 7 9. All 73.5 9 9.5 9. Studio 73.9 77 5. 5 3. 1-Bedroom 13 5. 151.5.9 -Bedroom 71. 75. 0 3. 3+Bedroom 31 13.3 35 1.0 9. Loft 3 5.5.7 7. All 33 5. 30 7. 7 3.9 DECEMBER 01 ABSORPTION REPORT Brown Harris Stevens
Downtown South of 1th Street 10..3.7 7.. 9.0 9. 9.1. 7.0.3 9.9 7.9 BrownHarrisStevens.com WEB# 11073 Studio 0.9 70 7.9 7.9 1-Bedroom 9. 75 11. 3 7.5 -Bedroom 9.5 3 10.1 79 10. 3+Bedroom 307 11.3 1.3 9 11.0 Loft 130 11. 19 0. 17 9. All 1,050 9.5 1,09 11.9 1,073 9.3 BrownHarrisStevens.com WEB# 19910 Studio 53 3. 51.0 3.9 1-Bedroom 175. 171 5. 119 3.1 -Bedroom 110 5.3 111.3 9 3. 3+Bedroom 1.0 51 11. 3.5 Loft 10 9.7 1 17.0 19. All 510 5. 5 7. 3.0 DECEMBER 01 ABSORPTION REPORT Brown Harris Stevens 9
Upper Manhattan Generally North of 9th Street on the East Side, and 110th Street on the West Side..0..9.9 5.3 5.. 5.9 5.3.. 5.3 0 BrownHarrisStevens.com WEB# 1707037 Studio.0 10 3. 15. 1-Bedroom 9 3.9 5 5. 5. -Bedroom 3.0 90.1 7. 3+Bedroom 5 1.0 5 1.5 7. All 19 5.7 1 7.5 00.9 Studio 3. 7. 1 3. 1-Bedroom 71. 9.5 5 3. -Bedroom 7.1 1 5. 7 3.7 3+Bedroom 9.5 39. 53 7. All 173.9 19 5.9 19.3 DECEMBER 01 ABSORPTION REPORT Brown Harris Stevens 10
Contact us Prepared by Lisa Rae Castrigno, SVP of Research. Madison Avenue 790 Madison Avenue Caroline E. Y. Guthrie 019 by Brown Harris Stevens. All Rights Reserved. This information may not be copied, used or distributed without Brown Harris Stevens consent. While information is believed true, no guaranty is made of accuracy. East Side West Side 19 Broadway Kevin Kovesci, EVP CENTRAL PARK WEST CENTRAL PARK 5TH AVENUE 5 Park Avenue Bess Freedman, CEO Hall F. Willkie, President Ruth McCoy, EVP Neil M. Laurine, EVP BHS Residential Management Paul J. Herman, President Residential Management LLC Park Slope 100 Seventh Avenue Camille Logan, EVP Downtown 130 Fifth Avenue Stephen Klym, EVP Brown Harris Stevens Development keting 5 Park Avenue Stephen Kliegerman, President, Development keting Brooklyn Heights 19 Montague Street Christopher Thomas, EVP Park Slope Fifth Avenue Camille Logan, EVP Tribeca 3 North Moore Stephen Klym, EVP 1.90.900