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TRD Insights: Every resi deal in NYC last week

Sales totaled 351 and more than $495 million

220 Central Park South and a view of Queens (Credit: Jim.henderson and Dquai via Wikipedia)
220 Central Park South and a view of Queens (Credit: Jim.henderson and Dquai via Wikipedia)

Residential transactions were up last week for the first time since the beginning of April.

The five boroughs had $495 million in residential sales for the week ending April 24, up 12.3 percent from the week prior. The 351 transactions represented a nearly 18 percent increase from the 298 recorded the week before.

NYC’s Residential Sales Last Week

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SOURCE: TRD analysis of Department of Finance records

For the second week in a row, the most expensive sale was at Vornado’s 220 Central Park South. Unit 65 sold for $56.3 million to an anonymous buyer. Another unit in that building, 60, also sold last week for $50.9 million, the second most expensive sale of the week.

Queens had the most sales last week, 128, or 36 percent of the city’s total. The bulk of the dollar volume, however, was in Manhattan — $295.6 million.

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CoronavirusHome SalesTRD Insights