Average Manhattan, New York Apartment Rents

 
The average Manhattan, New York apartment rent as of January of 2022 was $2,811 for a studio, $3,707 for a 1-bedroom apartment, $5,467 for a 2-bedroom apartment, and $9,121 for a 3-bedroom apartment.

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Average Manhattan, New York Apartment Prices

2021 Average Manhattan, New York Apartment Prices (Condo)

The average sale price for a condo ranges from $908,991 for a studio apartment to $9,846,869 for 4+ bedroom apartments.  Meanwhile, the average price per square foot ranges from $1,138 for a studio to $2,738 for 4+ bedroom apartments.

2021 Average Manhattan, New York Apartment Prices (Co-Op)

The average price per square foot for a co-op is roughly 50 percent lower than that of a condo.  Average sale price for a co-op  ranges from $553,734 for a studio to $5,109,433 for a 4+ bedroom apartment.  The average price square foot ranges from $852 to $1,596.

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March 2022 Manhattan Property Market Update

 

Wei Min Tan discusses Manhattan active supply, new active listings, new contracts signed, and percentage change in market pulse as part of the March 2022 Manhattan Property Market Update.

Read full article here: March 2022 Manhattan Property Market Update

Property Investment in New York

 

Property investment in New York, specifically in Manhattan, is a prudent decision taken by successful individuals as part of their portfolio planning. For foreigners, investing in New York property is seen as a safe haven for assets because of the limited supply and high demand coming from people who live here and investors from all over the world.

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Previewing for client at one of NYC's hottest new projects.

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Foreign buyers in Manhattan

 

Bloomberg TV appearance, talked with Karla Palomo of El Financiero (Mexico and Latin America segment) about foreign buyers in Manhattan.

Wei Min on CNN, CNBC, Wall Street Journal

Another 5-star review achieved! So grateful.

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