Condos In NYC: Staten Island Offers Largest Median Size With Arrochar Having Borough’s Biggest
NYC Condos: From minimalist 235 sq. ft. to nearly 3 basketball courts in size, plus Staten Island condos: largest in NYC
Editor’s note: As we have previously covered here, Staten Island tends to be the outlier on many trends, including price adjustments, buying power, and now median condo size, where Staten Island ranks at the top.
Have you ever wanted to know about the extremes of Staten Island living, from the tiniest nooks to more lavish spreads? Our deep dive into the borough’s condo landscape uncovers some notable contrasts:
- Staten Island leads with the largest median condo size among the five boroughs at 1,047 sq. ft.
- Todt Hill stands out with condos that stretch to 2,016 sq. ft. – surpassing the national median home size
- Arrochar claims borough’s biggest condo sold in 2023 at 2,583 sq. ft.
Similarly, have you ever wondered about the intensity of NYC living, from the tiniest nooks to the most lavish spreads? Our deep dive into the city’s condo landscape uncovers some notable contrasts:
- Largest condo sold in 2023 is 55x bigger than the smallest one – 235-square-foot Brooklyn Heights unit vs 13,011-square-foot Central Park South penthouse
- Picture a 631 sq. ft. abode in South Astoria – the city’s champion of compact condos
- Hudson Yards stands out with condos that stretch to 2,045 sq. ft. – surpassing the national median home size
Condos make up a small fraction of all NYC apartments, but are notable for their larger size, averaging 921 square feet compared to the 600-square-foot median of rental apartments. We wanted to find out where the smallest and the largest condos are, so we examined condo sizes across NYC, ranking them by median square footage.
Here’s what we found out:
- The Bronx has the smallest borough-level median condo size at 769 sq. ft.
- Staten Island features the largest median condo size of the five boroughs at 1,047 square feet, along with the lowest median sale price for condos at $374,000
- South Astoria has the smallest median condo size, at 631/sq. ft., in the city, while Hudson Yards has the largest at 2,045/sq. ft.
- At $8.12 million, Manhattan’s Central Park South leads as the most expensive neighborhood for NYC condos by a significant margin
- The Bronx claims most affordable neighborhood for condos with Parkchester’s $195,000 median sale price
You can find more information on the smallest & largest as well as the most affordable & most expensive condos in NYC in our study: https://www.propertyshark.com/Real-Estate-Reports/2024/02/29/where-are-nycs-smallest-and-largest-condos/
Banner Image: Condominium. Image Credit – StockSnap
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