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Market Insights

Market Insights

How COVID-19 Will Affect Multifamily in the Next Year

In spring 2020, NYC was the national epicenter of COVID-19. And while people and the city are starting to recover, the economic and real estate impacts of the pandemic are still being felt. All property operators, sellers, and buyers are affected by recent changes and have questions about how to navigate the obstacles and opportunities of the real estate landscape right now.
NYM Group
December 3, 2020
Market Insights

Today’s Obstacles & Opportunities in NYC Multifamily

In spring 2020, NYC was the national epicenter of COVID-19. And while people and the city are starting to recover, the economic and real estate impacts of the pandemic are still being felt. All property operators, sellers, and buyers are affected by recent changes and have questions about how to navigate the obstacles and opportunities of the real estate landscape right now.
NYM Group
June 16, 2020
Market Insights

NYM Monthly Metrics – February 2020

NYM had an active month in February with a total of $275,040,000 in activity! This month we listed 12 properties totaling $134,965,000. Last month we closed on 1388 Second Avenue for $5,975,000. The building contains 9 residential units and 2 commercial units.
NYM Group
March 5, 2020
Market Insights

NYM Monthly Metrics – December 2019

NYM had an active month in December with a total of $312,882,500 in activity! This month we listed 16 properties totaling $189,885,000. Last month we closed on 422 East 81st Street for $6,250,000. The building contains 20 units and was 80% Fair Market. At the sale price, this equates to a 4.0% Cap Rate and $568/SF.
NYM Group
January 2, 2020