OCTOBER 17 ABSORPTION REPORT MANHATTAN APARTMENTS
ober 17 Highlights Manhattan had a -month supply of apartments for sale at the beginning of ober, up % from a year ago. At 7. months, the condo absorption rate remains above the co-op rate of. months. Upper Manhattan s absorption rate of. months was Manhattan s lowest. halstead.com WEB# 1775 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. halstead.com WEB# 1757797 Cover Property, halstead.com WEB# 17551
Manhattan 5.1 5. 5.1. 5..3..3 5.. Studio 9.5 3 13 3. 1-Bedroom 935 5. 5. 39.7 -Bedroom 17.7 9 5. 97.3 3+Bedroom 11 9.3 95.1 99 9.3 Loft 3 7.7 19 5.9 5.1 All 3,5 7. 3,1.1 3,3. Studio 3 3.1.5 5.5 1-Bedroom 77 3. 597. 7 3.5 -Bedroom 773. 5 3.. 3+Bedroom 3 7. 51. 5. Loft 17 15. 19 All,719.,95 3.,1. OCTOBER 17 ABSORPTION REPORT Halstead Real Estate 3
East Side Generally 59th St. to 9th Street, Fifth Avenue to the East River 5. 5..9 5.7..9 7.1. 5.. Studio 5 5..3 19.5 1-Bedroom 119 5.1 9 3.9.9 -Bedroom 1 5. 13 5. 139.3 3+Bedroom 175. 15 7. 179 1.3 All 1.1 5. 3 Studio 3. 7.9 3. 1-Bedroom 7 3.3 159.7 3.7 -Bedroom 5..1 51 5. 3+Bedroom 9.1 7. 9 9.9 All 3.9 7. 7 5. OCTOBER MAY 1715 ABSORPTION ABSORPTION REPORT REPORT Halstead Halstead Real Property Estate
West Side Generally 59th to 11th Street, Hudson River to west of Fifth Avenue.. 3. 3.3 3..1. 5.. 3.7.5 Studio 5 5. 3.5 17. 1-Bedroom 9 3.7 5 3.9 9.5 -Bedroom 1 5.1 99.7 11 5.9 3+Bedroom 17. 15.7 11 11. All 359 3. Studio 9. 1.9 3 1. 1-Bedroom 133 3.3 91. 15 3. -Bedroom 1 3..3 9. 3+Bedroom 13. 1 5. 1 All 3. 37.7 39 3.1 OCTOBER MAY 1715 ABSORPTION ABSORPTION REPORT REPORT Halstead Halstead Real Property Estate 5
Midtown East..1 5. 5. 5.7.5.... 5.7. Generally 3th to 59th Street, Fifth Avenue to the East River Studio 35 9.5 3 7.7 3.7 1-Bedroom 1. 151 7.3 1. -Bedroom 133. 13 7. 1 7. 3+Bedroom 11 9.1 1 7. 11 9. All 53. 13 7. 9.9 Studio 3.1 1. 3. 1-Bedroom 13.7 135.1 15.5 -Bedroom 11 7. 119. 19.5 3+Bedroom 9 1.3 1. 15.9 All 33.5 13 5. OCTOBER MAY 1715 ABSORPTION ABSORPTION REPORT REPORT Halstead Brown Halstead Harris Real Property Stevens Estate
Midtown West.7.9 7. 7. 7.7 7.. 9..1 7. 7..9. Generally 3th to 59th Street, Hudson River to west of Fifth Avenue Studio 7.5.5 9 3. 1-Bedroom 15 7. 15 7.1 19 5. -Bedroom 13 9. 1 7. 135 9.3 3+Bedroom 11.9 91. 19. All 9.5 5. 399 7.5 Studio 17 3.3 1. 1. 1-Bedroom 39 3.9 3.9 35 3. -Bedroom 3 7. 5 5. 5.3 3+Bedroom 11. 11. 19 1.3 All 15. 3. 93. OCTOBER MAY 1715 ABSORPTION ABSORPTION REPORT REPORT Halstead Brown Halstead Harris Real Property Stevens Estate 7
Downtown 3th - 1th Street 5.1 5.7 5. 5.7... 5...9 Studio 3. 1.7 1 3. 1-Bedroom 11 3.3.9 11 3.9 -Bedroom 177. 15 5.7 151. 3+Bedroom 15 9.1 11.1 13 9. Loft. 9.3 9 9. All 51 5. 5.1.1 Studio 5 3.3 37.1 1 3. 1-Bedroom 93.9 5 1. 9 3. -Bedroom.1 3 3.7 39 3. 3+Bedroom 1 19 1. 9 7.3 Loft 5. 9. All 71 3. 19.7 7. OCTOBER MAY 1715 ABSORPTION ABSORPTION REPORT REPORT Halstead Brown Halstead Harris Real Property Stevens Estate
Downtown South of 1th Street 5. 5.1. 5..7..5 5.9 5.9 5.. Studio 1.9 93.7 7 7. 1-Bedroom 1 7. 11. 191 -Bedroom 31 9. 5.9 5. 3+Bedroom 9 9. 7 7.3 7 7. Loft 1 7. 137 5.9 11.1 All 1,1.3 9.9 93. Studio 3. 3.5 33 1. 1-Bedroom 117. 9. 1 3. -Bedroom 9 3.3 71.7 9.1 3+Bedroom. 1 5. 3 7. Loft 1 5.7 7.3 11 All 1 3.7 331 3. 35 3.7 OCTOBER MAY 1715 ABSORPTION ABSORPTION REPORT REPORT Halstead Brown Halstead Harris Real Property Stevens Estate 9
Upper Manhattan 3.5 3. 3. 3. 3. 3...7.9..1 3.1. Generally north of 9th Street on the East Side, and 11th Street on the West Side Studio 17 3.3 1. 5.3 1-Bedroom. 3 3. 5 3.9 -Bedroom 7 3. 51. 75 3. 3+Bedroom 53. 9. 5. All.7 19 3. 19.1 Studio 7. 3.. 1-Bedroom 5 3.3 3.1 1. -Bedroom 3 3.5 3. 7 3. 3+Bedroom 5. 39 9 5. All 1 3.7 1.9 1.9 OCTOBER MAY 1715 ABSORPTION ABSORPTION REPORT REPORT Halstead Brown Halstead Harris Real Property Stevens Estate 1
OFFICES MANHATTAN PARK AVENUE 99 Park Avenue New York, NY 1 1.73.1 EAST SIDE 77 Lexington Avenue New York, NY 15 1.317.7 WEST SIDE Columbus Avenue New York, NY 1 1.79.3 VILLAGE 31 Broadway New York, NY 13 1.31.5 SOHO 51 West Broadway New York, NY 11 1.31. HARLEM 19 Frederick Douglass Boulevard New York, NY 1 1.31.57 WASHINGTON HEIGHTS 19 West 17th Street New York, NY 133 1.31.5 RIVERDALE RIVERDALE JOHNSON 3531 Johnson Avenue Riverdale, NY 13 71.7.17 BROOKLYN BROOKLYN HEIGHTS 1 Montague Street Brooklyn, NY 111 71.13. NORTH SLOPE 7 Seventh Avenue Brooklyn, NY 1117 71.399. PARK SLOPE 1 7th Avenue Brooklyn, NY 1115 71.7.19 COBBLE HILL 1 Court Street Brooklyn, NY 111 71.13. BEDFORD STUYVESANT 31 Stuyvesant Avenue Brooklyn, NY 1133 71.13. BEDFORD STUYVESANT 1191 Bedford Avenue Brooklyn, NY 111 N/A SOUTH SLOPE 11 th Avenue Brooklyn, NY 1115 71.7.1 FORT GREENE 75 Fulton Street Brooklyn, NY 117 71.13. CONNECTICUT DARIEN 71 Boston Post Road Darien, CT 3.55.11 NEW CANAAN - ELM STREET 13 Elm Street New Canaan, CT 3.9.7 NEW CANAAN - SOUTH AVENUE South Avenue New Canaan, CT 3,9.777 ROWAYTON 1 Rowayton Avenue Rowayton, CT 53 3.55.11 GREENWICH 15 Mason Street Greenwich, CT 3 3.9.1 STAMFORD 199 High Ridge Road Stamford, CT 95 3.39.1 WESTPORT 379 Post Road East Westport, CT 3.1. WILTON 1 River Road Wilton, CT 97 3.7.11 FOREST HILLS 1-3 Ascan Avenue Forest Hills, NY 11375 Main #: 71-5-33 NEW JERSEY HOBOKEN Washington Street Hoboken, NJ 73 1.7.7 MONTCLAIR 35 Valley Road, Montclair, NJ 73 973.7.33 HAMPTONS EAST HAMPTON Newtown Lane East Hampton, NY 11937 31.3.1 SOUTHAMPTON 31 Main Street Southampton, NY 119 31.3.3 CORPORATE COMMERCIAL SALES 77 Lexington Avenue New York, NY 15 1.31.3 DEVELOPMENT MARKETING 5 Park Avenue New York, NY 1 1.51.573 Prepared by Lisa Rae Castrigno, VP of Research. 17 by Halstead Property, LLC. All Rights Reserved. This information may not be copied, commercially used or distributed without Halstead s prior consent. While information is believed true, no guaranty is made of accuracy. RIVERDALE MOSHOLU 5 Mosholu Avenue Riverdale, NY 171 71.59.11 HUDSON VALLEY HUDSON 5 Warren Street Hudson, NY 153 51..11 QUEENS LONG ISLAND CITY 7-1 Vernon Boulevard Queens, NY 111 71.7.1 GLOBAL SERVICES 77 Lexington Avenue New York, NY 15 1. 31.51 MANAGEMENT COMPANY 77 Lexington Avenue, 7th floor New York, NY, 15 1.5.77 Visit halstead.com for access to all of our reports, listings, neighborhood information and more.