Brokers & Owners: Promote your listings & more!
Sign up
Contact Us
CityRealty Logo
 
 
 
 
 
 
A blog from CityRealty (Links below will take you to the 6sqft site)
 
 

Condo Conversions

An index tracking prices in commercial and rental properties converted into condos in Manhattan since 2011
Selection Methodology
 
CityRealty Indices
Selection Methodology for Condo Conversions

The Condo Conversions index tracks prices in commercial and rental properties converted into condos in Manhattan since 2011.

CityRealty has not placed an absolute limit to the number of buildings included in this Index. The criteria for inclusion in this index are as follows:

  • The condos must be located in Manhattan, south of 96th Street on the east side and south of 125th Street west of Central Park. 
  • For newly converted properties, a minimum of three months closing history is required.
  • The building must have a total of at least 10 individual units.

CityRealty evaluates all of its indices regularly. All pricing information has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS).

Please note that CityRealty does not rank buildings within the Index; rather, a default sort order is provided (which is price / ft2 based on the each building's past 12 months sales history). Inquires, comments and suggestions concerning any CityRealty index (and any ideas for new indices) can be sent to inquires@cityrealty.com.

Price Change Summary During Past Five Years Show by Median Price

$1,841 Current Price Avg.  Price / Ft2
based on 191 closings in the past 12 months
1592|Nov 19, 2013|2013|15.6;2073|Nov 19, 2014|2014|-11.2;1862|Nov 19, 2015|2015|-1.2;1903|Nov 19, 2016|2016|-3.3;2015|Nov 19, 2017|2017|-8.7;1841|Nov 19, 2018|2018|0.0
Building GalleryPricing ChartsClosing HistoryBuilding ListAvailable AptsMapHeat Map

Building Gallery

The 55 buildings that comprise the Condo Conversions Index are listed below

{"version":"1.2.0","filters":{"registrationUserType":{"options":[{"label":"Buy","value":"buy","active":false},{"label":"Rent","value":"rent","active":false},{"label":"Sell","value":"ipo","active":false},{"label":"Agent","value":"broker","active":false}],"type":"select","name":"user type"},"registrationBedrooms":{"options":[{"label":"Studio","value":0,"active":false},{"label":"1 Bed","value":1,"active":false},{"label":"2 Beds","value":2,"active":false},{"label":"3 Beds","value":3,"active":false},{"label":"4 Beds","value":4,"active":false},{"label":"5+ Beds","value":10,"active":false}],"type":"select","name":"bedrooms"},"saleBuildingType":{"options":[{"label":"Condo","value":"condo","active":false},{"label":"Co-op","value":"coop","active":false},{"label":"Condop","value":"condo-coop","active":false},{"label":"Townhouse","value":"townhouse","active":false}],"type":"select","name":"building type"},"rentalBuildingType":{"options":[{"label":"Condo","value":"condo","active":false},{"label":"Co-op","value":"coop","active":false},{"label":"Condop","value":"condo-coop","active":false},{"label":"Rental","value":"rental","active":false}],"type":"select","name":"building type"},"registrationBuyersBudgets":{"options":[{"label":"<span class='up-to'>up to <\/span>$500K","value":500000,"active":false},{"label":"<span class='up-to'>up to <\/span>$750K","value":750000,"active":false},{"label":"<span class='up-to'>up to <\/span>$1.5M","value":1500000,"active":false},{"label":"<span class='up-to'>up to <\/span>$2.5M","value":2500000,"active":false},{"label":"<span class='up-to'>up to <\/span>$5M","value":5000000,"active":false},{"label":"<span class='up-to'>up to <\/span>$10M","value":10000000,"active":false},{"label":"<span class='up-to'>up to <\/span>$25M","value":25000000,"active":false},{"label":"no limit","value":50000000,"active":false}],"type":"select","name":"budget_buyer"},"registrationRentersBudgets":{"options":[{"label":"up to $2,000","value":2000,"active":false},{"label":"up to $4,000","value":4000,"active":false},{"label":"up to $6,000","value":6000,"active":false},{"label":"up to $8,000","value":8000,"active":false},{"label":"up to $10,000","value":10000,"active":false},{"label":"up to $25,000","value":25000,"active":false}],"type":"select","name":"budget_renter"},"registrationRegions":{"options":[{"id":1,"label":"Upper East Side","value":[3,4,8,9,34],"image":"https:\/\/ds3.cityrealty.com\/img\/f009c2ec3c97347fa5bd6ae37c0d85a2289faf1e+w+h+0+60\/upper-east-side.jpg"},{"id":2,"label":"Upper West Side","value":[10,11,14,16,17],"image":"https:\/\/ds2.cityrealty.com\/img\/df0e47bbc38552ece1dc102b411619fb4f509bee+w+h+0+60\/upper-west-side.jpg"},{"id":11,"label":"Midtown","value":[1,5,6,7,15],"image":"https:\/\/ds4.cityrealty.com\/img\/bbc6bccd6c96cd025f40fe9a3e210124a742dd42+w+h+0+60\/midtown.jpg"},{"id":3,"label":"Downtown","value":[21,23,24,25,26,28,30,31,32,33,39,40],"image":"https:\/\/ds3.cityrealty.com\/img\/77835ac8b10f7437f468f16073e8455b2697b1f7+w+h+0+60\/downtown.jpg"},{"id":13,"label":"Financial District\/BPC","value":[20,27],"image":"https:\/\/ds1.cityrealty.com\/img\/46d1cec3cdffe39d15e40a0d0d03e8bbe4998fab+w+h+0+60\/financial-district-bpc.jpg"},{"id":12,"label":"Upper Manhattan","value":[13,19,36,42,101],"image":"https:\/\/ds3.cityrealty.com\/img\/3dfca010ace6cb0aca5091064cc830dbfee70b2f+w+h+0+60\/upper-manhattan.jpg"},{"id":4,"label":"Brooklyn","value":[201,204,206,207,209,210,211,213,215,219,223,231,232,233,237,238,1200,1415,1421,1565],"image":"https:\/\/ds3.cityrealty.com\/img\/e863ea530699d71fdd61e1887f27c0dd50dc28be+w+h+0+60\/brooklyn.jpg"},{"id":5,"label":"Queens","value":[1483],"image":"https:\/\/ds3.cityrealty.com\/img\/a402bb6e13af8ade973b6c8a5812df054c75cf1b+w+h+0+60\/queens.jpg"},{"id":18,"label":"Bronx","value":[406],"image":"https:\/\/ds2.cityrealty.com\/img\/19a9137cad718b7872ff1a420c0f72128ac03fea+w+h+0+60\/bronx.jpg"}],"open":false,"name":"Regions"}},"invitedUserInfo":null}