Mar 2, 2016

2015 Manhattan Townhouse Report

Among it's Findings:
  • The number of townhouses sold fell by 12% versus 2014
  • The value in townhouses continued to rise-up 11% over 2014 to $1,730/sf
  • For the first time in 2015, more than half of the townhouses sold traded over $5MM
  • The disparity in value per square foot between townhouse and apartments has led to significant interest in the investment potential of townhouses.
  • Thanks to their relative affordability and renovation potential, more e.
  • This dynamic fueled the 35% annual gain in median price as well as the 27% increase in average price.


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