RealtyHop Price Drop Report: May 2020
We specifically focused on neighborhoods with the highest total number of price drops, specifically the highest price drops by median percentage, median dollar value, and by street address.
A Closer Look at NYC’s Neighborhoods
Our interactive map below depicts the neighborhoods we analyzed. All numbers are based on RealtyHop’s proprietary dataset.
Top 5 Neighborhoods With the Highest Number of Price Drops
|Neighborhood||Borough||Number of Price Drops|
|1||Upper East Side-Carnegie Hill||Manhattan||33|
|2||Lenox Hill-Roosevelt Island||Manhattan||26|
|4||Turtle Bay-East Midtown||Manhattan||21|
|5||Soho-TriBeCa-Civic Center-Little Italy||Manhattan||19|
Top 5 Neighborhoods With the Highest Median Percentage Price Drops
|Neighborhood||Borough||Median % Price Drops|
|1||North Corona||Queens||-22.3% (-$200,000)|
|2||Carroll Gardens-Columbia Street-Red Hook||Brooklyn||-17.1% (-$4,088,000)|
|5||Bensonhurst East||Brooklyn||-11.6% (-$289,000)|
Top 5 Neighborhoods With the Highest Median Dollar Price Drops
|Neighborhood||Borough||Median $ Price Drops|
|1||Carroll Gardens-Columbia Street-Red Hook||Brooklyn||-$4,088,000 (-17.1%)|
|2||Bensonhurst East||Brooklyn||-$289,000 (-11.6%)|
|3||Upper East Side -Carnegie Hill||Manhattan||-$245,000 (-7.4%)|
|4||SoHo-TriBeCa-Civic Center-Little Italy||Manhattan||-$245,000 (-5.2%)|
|5||North Corona||Queens||-$200,000 (-22.3%)|
Top 5 Addresses (Still on the Market) with the Highest Percentage Price Drop in April
|Address||Current Price||Recent % Price Drops|
|1||139 W 82nd St, Manhattan, 10024||$750,000||-24.6% (-$245,000)|
|2||1021 Park Avenue 13D, Manhattan, 10028||$3,650,000||-18% (-$800,000)|
|3||30 W 61st St, Manhattan, 10023||$1,975,000||-17.5% (-$420,000)|
|4||570 Park Ave, Manhattan, 10065||$2,500,000||-16.5% (-$495,000)|
|5||2000 Broadway, Manhattan, 10023||$1,995,000||-16% (-$380,000)|
Top 5 Addresses (Still on the Market) with the Highest Dollar Price Drop in April
|Address||Current Price||Recent $ Price Drops|
|1||737 Park Ave, Manhattan, 10021||$17,995,000||-$3,005,000 (-14.3%)|
|2||1289 Lexington Ave, Manhattan, 10128||$10,500,000||-$2,000,000 (-16%)|
|3||415 Greenwich St, Manhattan, 10013||$10,500,000||-$1,005,000 (-5%)|
|4||1289 Lexington Ave, Manhattan, 10128||$5,995,000||-$1,000,000 (-14.3%)|
|5||1021 Park Avenue 13D, Manhattan, 10028||$3,650,000||-$800,000 (-18%)|
The intractive table below includes all NYC listings with price drops in the month of April. You can sort by column or do a quick search using the search bar.
The New York City Price Drop report is a monthly report that analyzes proprietary data from RealtyHop to map price drops for listings in New York City. The dataset analyzed is taken from the month prior to publication and includes all five boroughs of New York City, given sufficient data.
Want to know who owns these listings? Check it out for yourself on our site by using our New York Property Records Search.