soho · 210 lafayette st #9c. 113-115 prince st #5er: 426 w broadway #3a. 108 wooster st #4d: 180...

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6 SOHO A quarterly analysis of residential sales in SoHo, Manhattan 1st Quarter 2019 Warren Lewis Sotheby's International Realty The RATNER Team Market Report o: 718-747-8215 | c: 347-501-0860 | e: [email protected]

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Page 1: SOHO · 210 Lafayette St #9C. 113-115 Prince St #5ER: 426 W Broadway #3A. 108 Wooster St #4D: 180 Avenue Of The Americas #3B. 2 King St #6B: 54 Mac Dougal St #C. 106 Spring St #2S:

6

SOHO

A quarterly analysis of residential sales

in SoHo, Manhattan

1st Quarter 2019

Residential Market Report, 1st Quarter 2019Multifamily Market Report, 3rd Quarter 2018

Warren Lewis Sotheby's International Realty

The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]

Page 2: SOHO · 210 Lafayette St #9C. 113-115 Prince St #5ER: 426 W Broadway #3A. 108 Wooster St #4D: 180 Avenue Of The Americas #3B. 2 King St #6B: 54 Mac Dougal St #C. 106 Spring St #2S:

3% YoY

MANHATTAN

MEDIAN SALE PRICE

-4% YoY

MEDIAN PRICE/SQ.FT.

-30% YoY

NO. OF TRANSACTIONS

-7% YoY

MEDIAN SALE PRICE

Residential Market Report, 1st Quarter 2019

SoHo, Manhattan

SUMMARY

$2.9M 26 $1,717 $1.12M

NEIGHBORHOOD BOUNDARIES

Multifamily Market Report, 3rd Quarter 2018

Warren Lewis Sotheby's International Realty

The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]

Page 3: SOHO · 210 Lafayette St #9C. 113-115 Prince St #5ER: 426 W Broadway #3A. 108 Wooster St #4D: 180 Avenue Of The Americas #3B. 2 King St #6B: 54 Mac Dougal St #C. 106 Spring St #2S:

2014

29

34

40

34

2015

34

37

2019

26

2018

37

30

43

23

2017

40

47

46

29

2016

47

51

54

28

27

25

Quarter

Q1

Q2

Q3

Q4

Number of Transactions

Median Sale Price by Year

Median Sale Price by Quarter

RESIDENTIAL STATS

$2.9M

$

$500K

$1.0M

$1.5M

$2.0M

$2.5M

$3.0M

$3.5M

$4.0M

$4.5M

$3.0M

$

$500K

$1.0M

$1.5M

$2.0M

$2.5M

$3.0M

$3.5M

$4.0M

26

0

5

10

15

20

25

30

35

40

45

50

Q1 Q2 Q3 Q4

2017 2018 2019

Multifamily Market Report, 3rd Quarter 2018

Warren Lewis Sotheby's International Realty

The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]

Page 4: SOHO · 210 Lafayette St #9C. 113-115 Prince St #5ER: 426 W Broadway #3A. 108 Wooster St #4D: 180 Avenue Of The Americas #3B. 2 King St #6B: 54 Mac Dougal St #C. 106 Spring St #2S:

Y-o-Y

-18%

14%

-

Transactions

11

14

0

-42%

6%

-

Median sale price/sqft

$1,870

$1,644

-

Property Type

Condos

Coops

Houses

Median sale price

$4,000,000

$2,487,500

-

Y-o-Y

Number of Sales by Building Type

Type of Residential Properties Sold

Median Sale Price per Square Foot

$1,717

$

$500

$1,000

$1,500

$2,000

$2,500

RESIDENTIAL SALES BREAKDOWN

44%

56%

Condos

Coops

Houses

Multifamily Market Report, 3rd Quarter 2018

Warren Lewis Sotheby's International Realty

The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]

Page 5: SOHO · 210 Lafayette St #9C. 113-115 Prince St #5ER: 426 W Broadway #3A. 108 Wooster St #4D: 180 Avenue Of The Americas #3B. 2 King St #6B: 54 Mac Dougal St #C. 106 Spring St #2S:

985

737

1,660

1,571

1,129

3,082

2,133

2,350

2,250

2,400

2,600

2,200

Coop

Coop

Coop

Condo

Coop

Condo

Coop

Condo

Coop

Condo

Coop

Condo

Coop

Coop

Coop

Condo

Condo

Coop

Coop

Coop

Coop

$412,500

$1,608,000

$1,600,000

$1,375,000

$980,000

$637,500

$540,000

$2,900,000

$2,850,000

$2,725,000

$2,250,000

$2,200,000

$2,185,000

$4,750,000

$4,000,000

$3,940,000

$3,700,000

$3,600,000

$3,530,000

$3,279,656

$3,275,000

7-Feb-19

21-Mar-19

11-Jan-19

18-Mar-19

11-Jan-19

8-Feb-19

28-Jan-19

22-Jan-19

4-Jan-19

4-Jan-19

10-Jan-19

25-Feb-19

20-Feb-19

18-Jan-19

31-Jan-19

22-Jan-19

8-Jan-19

17-Jan-19

21-Mar-19

1-Mar-19

19-Feb-19

1-00502-0012

1-00502-1011

1-00500-0005

1-00504-1005

1-00519-0036

1-00517-0009

1-00517-0007

1-00518-1502

1-00515-0001

1-00516-0007

1-00497-1202

1-00482-1143

1-00514-0037

1-00475-1404

1-00484-1003

1-00482-0003

1-00485-0034

1-00516-0007

1-00473-0051

1-00518-1503

1-00485-0021

149 Sullivan St #2C

145 Sullivan St #2D

110 Thompson St #3E

210 Lafayette St #9C

113-115 Prince St #5ER

426 W Broadway #3A

108 Wooster St #4D

180 Avenue Of The Americas #3B

2 King St #6B

54 Mac Dougal St #C

106 Spring St #2S

54 Mac Dougal St #B

451 W Broadway #2N

140-144 Thompson St #4D

542 Broadway #4R

37 Greene St #2

72 Mercer St #2E

45 Crosby St #5N

454 Broome St #2

140-144 Thompson St #2G

138 Grand St #2EF

Property type

Condo

Condo

Condo

Condo

Sqft

3,122

3,478

2,948

Sale date

9-Jan-19

5-Feb-19

14-Mar-19

13-Mar-19

Sale price

$10,250,000

$8,437,000

$6,750,000

$5,500,000

Address

10 Sullivan St #6A

311 W Broadway #PHE

42 Crosby St #5N

386 W Broadway #B

BBL

1-00490-1114

1-00228-1238

1-00483-1110

1-00488-1103

LIST OF TRANSACTIONS

Multifamily Market Report, 3rd Quarter 2018

Warren Lewis Sotheby's International Realty

The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]

Page 6: SOHO · 210 Lafayette St #9C. 113-115 Prince St #5ER: 426 W Broadway #3A. 108 Wooster St #4D: 180 Avenue Of The Americas #3B. 2 King St #6B: 54 Mac Dougal St #C. 106 Spring St #2S:

T E R TNER TE

Jessie TorresNYC Condo, Co-op &

New Development Expert

David atner Commercial & esidential

Brooklyn xpert

Meet the power team for assisting you in selling, buying, renting, and investing in NYC real

estate

Connect with the leading team for selling, buying, and investing in NYC real estate

The atner Team at Warren Lewis Sotheby's International are your personal NYC real estate

contacts for getting what you want most out of your next transaction.

Sales & ental of Homes, Townhouses & Brownstones

NYC Condo Sales, urchases & entals

New Developments & Development Sites

Commercial roperty Multifamily Buildings, Mixed se, ffice Buildings, etail & Land

FF Market Investment roperties in Brooklyn and Manhattan

ead more ead moreead more

Eiffel DelRosarioResidential Sales &

Rentals Specialist

Multifamily Market Report, 3rd Quarter 2018

Warren Lewis Sotheby's International Realty

The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]

Page 7: SOHO · 210 Lafayette St #9C. 113-115 Prince St #5ER: 426 W Broadway #3A. 108 Wooster St #4D: 180 Avenue Of The Americas #3B. 2 King St #6B: 54 Mac Dougal St #C. 106 Spring St #2S:

C L I E N T R E V I E W S"I asked David & his Team to find a tenant for my building. Could not have asked for a more

professional and effective service.” Joseph Fellner

"David, I can't express enough how grateful I am for all your hard work with selling my Cobble

Hill Townhouse! You did an amazing job and achieved a record that I didn't even expect, to be

honest. From now own any real estate related work is yours. Keep up the good work and I am

looking forward working with you again! “ David.K

"David & his Team was incredibly professional and responsive throughout our apartment search

process. He responded to emails promptly and ensured we felt secure about the lease and

apartment. Can't recommend him highly enough. “ Grace. G

"It was a pleasure working with Dave & his Team. Very professional, knowledgable and kept us

informed throughout the proccess. We have used their services before and will do so again in

the future. Halina and Jack (Local Landlords)”

"First and foremost, David is a good guy to deal with. More often then not, it's hard to find a

realtor who's easy going. David is professional, diligent and a good listener. He also doesn't BS.

He tells it like it is when he's creating a strategy for you, yet a smooth-talker with the landlords.

The bottom line is, he has your best interests in mind because he knows that a happy client is a

repeat client- and that will definitely be the case with me.” Spencer Zabiela

"David just recently landed me an amazing place in NYC. I was under a very limited amount of

time to find a new home and David was able to find me an awesome new apartment for a

great price and in an ideal location for work. The man knows how operate in times of pressure

and I'm proud to call him my friend after going through the moving process with him. The man

is honestly among the best of the best in the industry and I'd highly recommend him to anybody

who is serious about finding the right home. “ Tyler Clinton

READ MORE REVIEWS

Multifamily Market Report, 3rd Quarter 2018

Warren Lewis Sotheby's International Realty

The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]

Page 8: SOHO · 210 Lafayette St #9C. 113-115 Prince St #5ER: 426 W Broadway #3A. 108 Wooster St #4D: 180 Avenue Of The Americas #3B. 2 King St #6B: 54 Mac Dougal St #C. 106 Spring St #2S:

Multifamily Market Report, 3rd Quarter 2018

Warren Lewis Sotheby's International Realty

The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]

Page 9: SOHO · 210 Lafayette St #9C. 113-115 Prince St #5ER: 426 W Broadway #3A. 108 Wooster St #4D: 180 Avenue Of The Americas #3B. 2 King St #6B: 54 Mac Dougal St #C. 106 Spring St #2S:

1031 Qualified Intermediary Estate Planing

Interior Designers Restoration SpecialistsAppraisers & Inspectors Expediters

RoofersArchitects Exterminators

Rubbish Removal CompaniesArtist & Artisans Fences & Gates Specialists

Ironwork Professionals

Kitchen & Bathroom Specialists

Landscape Design School ConsultantsAttorneys Fireplaces

Landscapers & GardenersBankers Floor & Carpet Professionals Spiritual Experts

Stair Building & Repair Specialists

Cabinets Furniture

Lighting Experts Stone & Tile ProfessionalsGarage & Driveway

Locksmith Structural EngineersGeneral Contractors

Mortgage Professionals Surveyors

Carpenters

Chimney & Fireplace Specialists

Cleaners Glass & Shower Doors

Moving & Storage Experts Title CompaniesCloset Design

Wealth ManagersCO Experts

Plumbing Contractors Window ProfessionalsDecks & Patios Specialists

Handymen

Home Automation

Specialists

Home Security Professionals Property Compliance Wine CellarsDemolition Experts

Home Stagers Property Managers Zoning & Land Use ExpertsDoor Experts

Hvac Professionals Renewable Energy SpecialistsElectricians

Insurance Agents Renovation Professionals

www.RatnerTeamVendors.com

Painters & Plasterers

Lawn & Sprinklers Experts

Multifamily Market Report, 3rd Quarter 2018

Warren Lewis Sotheby's International Realty

The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]

Page 10: SOHO · 210 Lafayette St #9C. 113-115 Prince St #5ER: 426 W Broadway #3A. 108 Wooster St #4D: 180 Avenue Of The Americas #3B. 2 King St #6B: 54 Mac Dougal St #C. 106 Spring St #2S:

THE BROOKLYN MADE SHOWrom T e Ratner Team t s s t e roo n ade odcast a s ow a o troo n rea estate entre rene rs s nesses and t e ro ess ona s e ndone o t e ottest rea estate mar ets n t e wor d.

T e roo n ade ow s a one sto s o or an one nterested n ewor Rea state ntre rene rs and s ness. n t e s ow o earna a e ns ts rom ew or s nd str eaders.

tate to date w t t e atest oca rea estate and s ness news. o owmar et trends sten to e c t n oca stor es and m c more

ac mont o r s ow w eat re oca entre rene rs ro ess ona s and reaestate e erts t at we are ea er or o to meet.

www. roo n ade. o odcast

Multifamily Market Report, 3rd Quarter 2018

Warren Lewis Sotheby's International Realty

The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]

Page 11: SOHO · 210 Lafayette St #9C. 113-115 Prince St #5ER: 426 W Broadway #3A. 108 Wooster St #4D: 180 Avenue Of The Americas #3B. 2 King St #6B: 54 Mac Dougal St #C. 106 Spring St #2S:

O U R P R E F E R R E D V E N D O R S

SPARTAN RENOVATIONS

Multifamily Market Report, 3rd Quarter 2018

Warren Lewis Sotheby's International Realty

The RATNER Team Market Reporto: 718-747-8215 | c: 347-501-0860 | e: [email protected]