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New York City’s multifamily volume totaled $2.21 billion in Q1 2025, a 62% year-over-year increase with sales largely concentrated in free market assets, according to Ariel Property Advisors Q1 2025 Multifamily Quarter in Review New York City. Transaction volume rose 5% from Q1 2024 to 269.
40 Unit Mixed-Use Elevator Building in Soundview: 1064 Manor Avenue
MAY
30
Located on the Southeast corner of Manor Avenue & Watson Avenue; Unit breakdown is comprised of 34 1-bedroom apartments, 4 2-bedrooms apartments, 1 3-bedroom apartments and one commercial unit
176 Unit | Article XI | Affordable Housing Opportunity with Value-Add Potential: Bronx Pillars Portfolio
MAY
30
3 building portfolio containing 176 residential units and 1 occupied commercial unit within approximately 151,615 gross square feet; Fully renovated assets, which were integrated into the NYC Pillars Program in 2020
