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Multifamily Year in Review NYC: 2016

Executive interview with Shimon Shkury, President, Ariel Property Advisors

Our Latest Research

New York City 2016 Year-End Submarket Sales Reports:

The submarket reports are an in-depth look at the specific Investment Sales markets in Brooklyn, the Bronx, Manhattan, Northern Manhattan and Queens.

We seek to provide our readers with an overview of the 2016 market activity, benchmark transactions, and pricing trends that impact each individual real estate market.

To View and Download Reports, Click Here

2016 YEAR-END MULTIFAMILY MARKET STATS COMPARED TO 2015 YEAR-END

Multifamily
Dollar Volume

$14.05B

$19.00B (-26%)

Multifamily
Transaction Count

656

796 (-18%)

Current Prime
Interest Rate

3.75%

3.50%

Resi. Units in
Development

24,606

33,752 (-27%)