The NYC real estate market currently boasts a high supply of new Manhattan and Brooklyn condos.
Marketproof tracks condo buildings, including those under construction, currently selling, and those that have moved on to resales.
Below we’ve selected 10 that recently began selling. They represent a range of what’s available in the market. Prices vary from studios starting at $333k in Midwood to a $20m penthouse on the Upper East Side. A Boerum Hill condo offers 105 units, while a Greenpoint building offers seven. Almost all units are available in these condos, where sales started at most six months ago.
Let’s jump in.
1. 150 East 78th
This Upper East Side condo offer 25 units with asking prices of $900k–20m. Sales started three months ago, and the sponsor has not yet reported any deals. The 25-unit building includes two studios, one one-bed, nine three-beds, 10 four-beds, and three five-bed penthouses. The Midwood Investment and EJS Group project average asking PPSF is just shy of $3,000. Compass is handling sales.
2. Maverick
Located at 215 W 28th in Chelsea, Maverick offers 87 units across 20 floors for $1.3–4.88m. The HAP Investments building started sales two months ago. Its average PPSF is $2,144, and 71 of its 87 units are one- or two-beds. The average size of the one-beds is 687 sf, that of the two-beds 1,127 sf. One listing, Unit 16C, asks for $4.875m for three beds and 3.5 baths. The sales office is Douglas Elliman.
Check out Marketproof New Development for the most information anywhere on Manhattan, Brooklyn, and Queens condos.
3. Parker West
Lincoln Square’s Parker West offers 19 units for $750k–6.5m. Greenberg Farrow designed the building, where the average PPSF is $2,050. Twelve of its 19 units are three-bedrooms with an average size of 1,658 sf. Its only apartment with an asking price below $1.3m is a single studio priced at $750k. The project by CB Developers and SK Development is currently listing a three-bed and two-bed, both of which are asking for about $3 million. Corcoran is heading up sales.
4. 465 Washington St
This Tribeca condo contains nine units for $5–6.25m. The Madison Partners project began sales four months ago and has not reported any contracts. It offers five three-beds with an average size of 1,960 sf and four four-beds with an average of 2,775 sf. The average PPSF is $2,506. Compass is leading sales.
5. 145 Central Park North
The 37 units across 13 floors in this Harlem condo have asking prices of $1-4.75m. The average PPSF is $1,949. The building offers two one-beds, four two-beds, six three-beds, and one four-bed penthouse. The penthouse has an asking price of $4.75m. Both one-beds are also listed, one for $1m and the other for $1.25m.
6. The Q
This Zhl Group condo in Midwood, Brooklyn, offers 55 units between $333–749k. Sales began last month. The condo contains seven studios, all with asking prices below $375k. The 33 one-beds are priced at $400–519k and the 15 two-beds $575–749k for an average PPSF of $784. Compass is handing sales.
7. 58 Saint Marks Place
This Boerum Hill new development offers 105 units across 12 floors for $620k–4.2m. Sales began last month. The average PPSF is $1,458. Current listings include a studio asking for $620,000, one-beds in the ballpark of $1m, and three and four-beds priced at $3m and $4m, respectively. Isaac & Stern Architects designed the Avdoo & Partners Development building, in which nearly 80% of units include outdoor space. Caukus Consulting is heading up sales.
8. 169 Eagle St
Mortar Arch + Dev is both developer and architect for this Greenpoint building, which contains seven units priced at $599k–1.5m. Sales started two months ago. The average PPSF of the units, which include studios, one-beds, two-beds, and three-beds, is $1,167. Some of the homes include private gardens.
9. 269 Malcolm X Blvd
This Bedstuy condo offers eight units for $515–949k. A single studio is priced at $635k, while the six one-beds vary from $515–949k and the two-bed is asking for $780k. The average PPSF is $1,017. Bold New York is spearheading sales for the Jacob Equities project. Sales started four months ago, and all eight units are available.
10. 175 Jackson St
This East Williamsburg condo contains 14 units priced at $885k–1.9m. The average PPSF in the Foxwood Development building is $1,285. Sales, led by Corcoran, started five months ago, but all the units are available. The eight one-beds have asking prices of $885k–1.28m and are 773 sf on average. The six two-beds are priced at $1.25–1.9m and are 1,152 sf on average.
Getting started with Marketproof
With Marketproof New Development, you can easily search both publicly listed Manhattan and Brooklyn condos and unlisted off-market properties not available on popular listing sites. Marketproof can increase the inventory you see by 9-10x what you may see on other sites. Create an account today, and get a 7-day free trial.
Photo above courtesy of 175 Jackson St.
