4,616 price drops detected
4,616 active New York price drops out of 16,783 listings scanned · data as of . Average cut −7.4% · deepest −63.5% · $1.08B in total reductions.
Largest New York price drops (data as of October 13, 2026)
- 1719 Woodbine St, Ridgewood, NY 11385 — 16BR · villa · Ridgewood: $2.7M → $985K (−63.5%)
- 465 Park Ave #25EW, New York, NY 10022 — 7BR · apartment · Manhattan: $2.5M → $995K (−60.2%)
- 411 Himrod St, Brooklyn, NY 11237 — 14BR · villa · Brooklyn: $2.7M → $1.29M (−52.0%)
- 446 State St, Brooklyn, NY 11217 — 5BR · villa · Brooklyn: $5.99M → $2.99M (−50.0%)
- 781 5th Ave APT 1101, New York, NY 10022 — 2BR · apartment · Manhattan: $2.99M → $1.5M (−49.9%)
- 3060 44th St, Astoria, NY 11103 — 12BR · villa · Astoria: $3.3M → $1.75M (−47.0%)
- 1600 Broadway #7E, New York (Manhattan), NY 10019 — 1BR · apartment · Manhattan: $1.42M → $779K (−45.1%)
- 2210 Voorhies Ave, Brooklyn, NY 11235 — 2BR · villa · Brooklyn: $1.3M → $725K (−44.2%)
- 2210 Voorhies Ave Floor 1, Brooklyn, NY 11235 — 2BR · villa · Brooklyn: $1.3M → $725K (−44.2%)
- 781 5th Ave #304/310, New York, NY 10022 — 3BR · apartment · Manhattan: $2.75M → $1.6M (−41.8%)
About New York price drops
We monitor luxury real estate listings across New York City in real time, surfacing motivated-seller price reductions on Manhattan condos, Brooklyn brownstones, and Hamptons estates as soon as they hit the market. Our system tracks every active NYC luxury listing daily — currently 4,616 active reductions across 125 areas (as of August 25, 2026; Zillow buy-only). Not Miami.
Browse by surface: NYC luxury rentals with price drops for the rental market, or NYC market data for aggregated trends.
NYC luxury price drops by neighborhood — the highest-activity surfaces include the Manhattan core (Manhattan, Upper East Side, Upper West Side, Tribeca, SoHo, West Village, Chelsea), the Brooklyn premium markets (Brooklyn, DUMBO, Williamsburg, Park Slope), and the Long Island / commuter prestige communities (The Hamptons, Southampton, East Hampton, Greenwich, Hoboken, Jersey City).
Where the discounts come from. NYC luxury distress concentrates in three categories: (1) post-pandemic relocations completing their tax-residence moves (Florida/Texas departures, finalizing 5-year cycles), (2) interest-rate-sensitive leverage as variable-rate jumbos reprice through 2024-2026, (3) supply concentration in newly-completed Hudson Yards / Lower Manhattan supertall towers. Cuts of 5-12% are common on $3-10M Manhattan condos; 15%+ is real distress. Buyers should factor the NYC mansion tax — see our NYC mansion tax guide for the brackets and how they affect closing costs. Compare the tax and transfer stack with Dubai — Dubai vs New York luxury real estate.
Luxury Price Drops is a real-time property price tracker covering UAE, US, Spain, Portugal, and Italy markets — follow @panicsellingxyz for real-time alerts.
Browse by surface: NYC luxury rentals with price drops for the rental market, or NYC market data for aggregated trends.
NYC luxury price drops by neighborhood — the highest-activity surfaces include the Manhattan core (Manhattan, Upper East Side, Upper West Side, Tribeca, SoHo, West Village, Chelsea), the Brooklyn premium markets (Brooklyn, DUMBO, Williamsburg, Park Slope), and the Long Island / commuter prestige communities (The Hamptons, Southampton, East Hampton, Greenwich, Hoboken, Jersey City).
Where the discounts come from. NYC luxury distress concentrates in three categories: (1) post-pandemic relocations completing their tax-residence moves (Florida/Texas departures, finalizing 5-year cycles), (2) interest-rate-sensitive leverage as variable-rate jumbos reprice through 2024-2026, (3) supply concentration in newly-completed Hudson Yards / Lower Manhattan supertall towers. Cuts of 5-12% are common on $3-10M Manhattan condos; 15%+ is real distress. Buyers should factor the NYC mansion tax — see our NYC mansion tax guide for the brackets and how they affect closing costs. Compare the tax and transfer stack with Dubai — Dubai vs New York luxury real estate.
Luxury Price Drops is a real-time property price tracker covering UAE, US, Spain, Portugal, and Italy markets — follow @panicsellingxyz for real-time alerts.
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