Vacant land sales

The total dollar volume of vacant land sales in New York City decreased in 2019. Manhattan saw the greatest total sales volume of any borough at $393.4 million across 40 sales. The median was also highest in Manhattan at $3 million.

Median sales price: $368,488

Number of sales: 659

Total sales volume: $871.4M

Source: The Real Deal analysis of NYC Dept. of Finance data for sales recorded in 2019.
The number of transactions can skew the median sales price considerably.