sales records

Celebrities, Harlem, Recent Sales

All photos courtesy of Will Ellis / DDreps

Neil Patrick Harris and David Burtka sold their Harlem home earlier this year for $6,990,000, setting a new townhouse record for the Manhattan neighborhood. The couple picked up the property at 2036 Fifth Avenue in 2013 for nearly $3,600,000 and conducted a thorough renovation of the historic home, which was constructed in 1908 as a bed and breakfast. The new neighborhood record breaks the one set in April by the home at 32 Mount Morris Park, which sold for $6,400,000.

Details here

New Jersey, Recent Sales

$4.2M penthouse condo sets sale record in Hoboken

By Michelle Cohen, Wed, January 5, 2022

Photo courtesy of Douglas Elliman

A penthouse at the Hudson Tea Building at 1500 Hudson Street has set a new record for Hoboken, New Jersey condo sales. The three-bedroom, three-bath home just sold for $4.2 million, the city’s priciest condo sale ever. The newly-renovated loft–a two-unit combo–spans 2,820 square feet with direct New York City skyline views in three directions. A previous Hoboken record was held by Eli Manning‘s 2018 sale in the same building. The Giants quarterback sold his three-bedroom pad in the waterfront loft building for $3.55 million.

This is what $4.2M in Hoboken looks like

real estate trends

The Brooklyn skyline at sunset, prominently featuring the Savings Bank Tower.

Market reports are in from the third quarter of this year, and sales numbers are setting new records, especially in Brooklyn and Queens. From Douglas Elliman, numbers show sales prices in Brooklyn and Queens climbing for the fourth year in a row across the board for condos, co-ops and one- to three-family homes, as well as luxury properties (defined as the upper 10 percent of the market). The median sales price rose 8.7 percent to $735,000; the average sales price went up 14.8 percent to $983,511; the median sales price for luxury properties rose 23.5 percent to $2.5 million. All three numbers represent record increases. The rising market has likely been the result of a healthy job market in New York City and population growth that’s five years ahead of schedule.

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