Townhouse Edition

Townhouse Edition

  • Daniel Kramp
  • 05/12/21

Welcome to Spring of 2019!

We’ve all seen the headlines: SURPLUS INVENTORY for 10M! Seller of $50M penthouse sells at 40% discount. Those are catchy headlines for the NYTimes and WSJ, but the reality is much less extreme. The more relevant story: the average purchase price in NYC is still $1M. While a story about $25M apartment buyer shelling out $900K in closing costs is pretty crazy, it still doesn’t affect the majority of the buyers. Therefore, in this issue, I have decided to focus on what is actually happening in the sector where most deals happen.

Read the full report here




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Daniel Kramp is a high-caliber real estate professional with top awards for his performance. He enjoys and is known for providing sound advice, attentive service and proven results to every sales and rental client. Contact now to be part of his success!