Following a robust second quarter, sales activity in New York City's multifamily market slowed in the third quarter with dollar volume declining by 17% quarter-over-quarter to $2.33 billion and transactions falling by 16% to 248, according to Ariel Property Advisors’ Q3 2024 Multifamily Quarter in Review New York City.
Partially Complete Development Site in Bushwick: 1216 Putnam Avenue
OCT
21
Located on the east side of Putnam Avenue between Evergreen Avenue and Central Avenue; 4,836 BSF per the Plans
Prime Location For A Boutique Condominium Development: 8712 Bay Parkway
OCT
21
This development opportunity allows for a 6-story mixed-use building with about 13,500 BSF with community facility and condominium apartments; Approximately 11,600 SF residential ZFA; Approximately 18,560 SF facility ZFA