Take A Look At the Best-Selling Buildings For Q3 '16
New construction continues to lead the condo sales market, according to a PropertyShark analysis of the NYC buildings with the most Q3 sales. But there were also surprisingly strong sales for Brooklyn and Queens properties, both old and new, due to to their affordability in a high-demand market.
Here’s a quick roundup of the last quarter’s top sellers (Quick disclaimer: PropertyShark’s data is limited to residential properties sold between July 1 and Sept. 30, and doesn’t include package deals):
1. 56 Leonard St (pictured)
- Units sold: 43
- Median sale price: $4.6M
- Developers: Alexico Group and Hines
- Neighborhood: Tribeca
2. The Art House Condominium
- Units sold: 33
- Median sale price: $667k
- Developer: P&G Equities
- Neighborhood: East Harlem
3. 1 John St
- Units sold: 32
- Median sale price: $4M
- Developer: Alloy Development
- Neighborhood: Dumbo, Brooklyn
4. Lincoln Towers Apartments
- Units sold: 32
- Median sale price: $807k
- Neighborhood: Upper West Side
5. The Greenwich Lane
- Units sold: 29
- Median sale price: $7M
- Developers: Rudin Management and Global Holdings
- Neighborhood: West Village
6. 432 Park Ave
- Units sold: 22
- Median sale price: $19M
- Developers: CIM Group and Macklowe Properties
- Neighborhood: Midtown
7. 10 Madison Square West
- Units sold: 21
- Median sale price: $3.7M
- Developer: The Witkoff Group and Vector Group
- Neighborhood: Nomad
- Units sold: 20
- Median sale price: $5M
- Developer: Silverstein Properties
- Neighborhood: Tribeca
9. Carnegie Park Condominiums
- Units sold: 20
- Median sale price: $1.7M
- Developer: The Related Cos
- Neighborhood: Upper East Side
10. The Southbridge Towers
- Units sold: 20
- Median sale price: $800k
- Developer: Tishman Realty & Construction
- Neighborhood: Lower Manhattan
11. Navy Green Condominium
- Units sold: 20
- Median sale price: $434k
- Developers: Dunn Development and L+M Development Partners
- Neighborhood: Fort Greene, Brooklyn
12. 18th Ward
- Units sold: 20
- Median sale price: $410k
- Developer: Boaz Gilad's Brookland Capital
- Neighborhood: Bushwick, Brooklyn
13. North Shore Towers
- Units sold: 19
- Median sale price: $650k
- Developer: Sigmund Sommer
- Neighborhood: Glen Oaks, Queens
