The submarket reports are an in-depth look at the specific Investment Sales markets in Brooklyn, Bronx, Manhattan, Northern Manhattan and Queens.
We seek to provide our readers with an overview of the market activity, benchmark transactions, and pricing trends that impact each individual real estate market.
Brooklyn Real Estate Development On Cusp Of A Comeback As Opportunity Zones, Amazon Effect Drive Demand
Brooklyn has been one of the fastest-growing sub-markets in New York City, but despite attractive dynamics such as population growth and a roaring job market, development site sales softened this year.
Vacant Sutton Place Townhouse:
413 East 53rd Street
This 20 foot wide, 3-story, vacant townhouse spanning 3,520 gross square feet originally housed a dentist office on the ground floor with a private duplex residence upstairs.