Here are the NYC apartments for sale with the deepest price chops in December
Fewer New York City sellers dropped their listing prices in December compared to previous months, according to a recent RealtyHop report.
Turtle Bay-East Midtown was the neighborhood with the most price cuts once again, with 90 drops, down from 136 previously. Hudson Yards saw the second-most cuts, up from third in November. And for the first time in recent months, an outer-borough neighborhood made the list: Forest Hills, Queens, with 64 price cuts.
In its monthly price drop report, RealtyHop identifies neighborhoods with the highest total number of price cuts. It also highlights areas with the biggest percentage drop in median price, and the biggest median dollar price drop.
The listing with the biggest dollar price drop was a five-story townhouse in Greenwich Village with a $4,000,000, or 22 percent, cut to $13,995,000. A Canarsie property that comes with plans for a condo development saw the highest percentage price drop, down 51 percent, or $2,050,000, to $1,950,000.
Here are listings with the deepest price chops still on the market according to RealtyHop's report.
Top 5 NYC addresses with the biggest dollar price drop in December
17 West 9th St., Greenwich Village
This five-story townhouse saw a $4,000,000 cut to $13,995,000. It's currently configured with commercial space on the ground floor and rental apartments on the upper floors. It has an elevator, bay windows, high ceilings, and moldings.
88 Remsen St., Brooklyn Heights
This five-bedroom, seven-bath townhouse saw a $2,750,000 cut to $15,000,000. It features high ceilings, floor-to-ceiling windows, hardwood floors, terraces, moldings, recessed lighting, arched doorways, stainless steel appliances, and a fireplace. There's also a carriage house.
9115 Bedell Ln., Canarsie
This property saw a $2,050,000 cut to $1,950,000. It's one of two lots and comes with plans for a five-unit condo building.
80 West Washington Pl., Greenwich Village
This six-bedroom, eight-bathroom townhouse saw a $1,505,000 drop to $24,995,000. It has a glass elevator, Creston home system, wine cellar, laundry room, hardwood floors, exposed brick, oversized windows, recessed lighting, fire places, and a terrace.
502 Park Ave., #PH27, Lenox Hill
This four bedroom, six and a half bath saw a $1,495,000 cut to $13,500,000. The penthouse features three fireplaces, coffered ceilings, floor-to-ceiling windows, hardwood floors, custom moldings, marble countertops, stainless steel appliances, custom closets, central air, and in-unit laundry. Amenities include a doorman, concierge, maid service, and gym.
Top 5 NYC addresses with the highest percentage price drop in December
9115 Bedell Ln., Canarsie
This property saw a 51 percent cut to $1,950,000. It's one of two lots and comes with plans for a five-unit condo building.
10-31 Gipson St., Far Rockaway
This six bedroom, four bath saw a 41 percent cut to $590,000. The three-family house has a basement, backyard, driveway, and hardwood floors.
1738 Union St., #2G, Crown Heights
This one bedroom, one bath saw a 24 percent cut to $1,800,000. The condo has hardwood floors, storage, and a walk-in closet.
176 18th St., Greenwood Heights
This six bedroom, one and a half bath saw a 24 percent drop to $1,800,000. It's configured as a two-family house but it currently used as a single family. The house has recessed lighting, ceiling fans, hardwood floors, stainless steel appliances, and a backyard.
17 West 9th St., Greenwich Village
This five-story townhouse saw a 22 percent cut to $13,995,000. It's currently configured with an office space on the first floor and rental apartments on the upper floors. It features an elevator, hardwood floors, high ceilings, and original details.
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