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From Future New York New York's best-selling buildings of Q1 2021; Sales holding steady

By CityRealty Staff Monday, April 5, 2021

In the first quarter of 2021 (Q1 2021), there were 2,693 residential condo, co-op, and condop sales recorded throughout Manhattan aggregating a total of $4,689,868,269. While the number of recorded sales is up one percent from Q1 2020, aggregate Manhattan sales were down four percent.

Manhattan condo sales stayed relatively stable over the past year, with the number of sales rising three percent from Q1 2020 to 1,205 sales, and the aggregate price rising two percent in the same time period to $2,961,044,496. The average condo price dipped one percent to $2,457,298.

Manhattan co-ops, on the other hand, saw prices take a bigger dip over the past year. The aggregate price dropped 15 percent to $1,673,051,237, and the average price of a Manhattan co-op fell 14 percent to $1,150,654. The number of co-op sales, though, stayed much more stable, dropping a negligible percentage to 1,454 sales from 1,461 at the same time in the previous year.

A fully sortable table of the top-selling buildings and biggest apartment sales may be found below, as well as data comparing Q1 2020 and 2021. Condos in Downtown neighborhoods and the Financial District/Battery Park City saw the two biggest jumps in aggregate sales over the past year; indeed, of the top ten best-performing buildings of the past quarter, eight may be found downtown. Sparkling new condos largely won the day, but a few creative condo conversions made their way in as well.