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August 2023

NORTHWEST BRONX AREA | THE MOST ACTIVE BRONX AREA

In August, The Bronx market saw a total dollar volume of $54,096,500 with

21 sales and 28 properties across the borough, which is significantly lower

than last month's $132.1 Million across 26 sales.

Multifamily and Development transactions are still the most prominent property types in the Bronx market, with 8 multifamily properties and 7 development sites sold in July.


The average multifamily price per square foot was $301, and the Northwest

area of the Bronx was the most active when it came to transactions.

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