NYC Investment Sales Reports

Second Half 2020 NYC Investment Sales Report

REBNY Press

February 11, 2021

In the second half of 2020, with 1,356 recorded transactions, Citywide investment sales, including multifamily residential buildings and all commercial sales, reached a total consideration, or sales volume of $11 billion. This represents a 41% decline in total consideration and a 21% decline in the volume of transactions compared to the second half of 2019. Both figures observed moderate 6-month increases after reaching all-time lows back in the first half of 2020.