NYC Data Science Academy| Blog
Bootcamps
Lifetime Job Support Available Financing Available
Bootcamps
Data Science with Machine Learning Flagship ๐Ÿ† Data Analytics Bootcamp Artificial Intelligence Bootcamp New Release ๐ŸŽ‰
Free Lesson
Intro to Data Science New Release ๐ŸŽ‰
Find Inspiration
Find Alumni with Similar Background
Job Outlook
Occupational Outlook Graduate Outcomes Must See ๐Ÿ”ฅ
Alumni
Success Stories Testimonials Alumni Directory Alumni Exclusive Study Program
Courses
View Bundled Courses
Financing Available
Bootcamp Prep Popular ๐Ÿ”ฅ Data Science Mastery Data Science Launchpad with Python View AI Courses Generative AI for Everyone New ๐ŸŽ‰ Generative AI for Finance New ๐ŸŽ‰ Generative AI for Marketing New ๐ŸŽ‰
Bundle Up
Learn More and Save More
Combination of data science courses.
View Data Science Courses
Beginner
Introductory Python
Intermediate
Data Science Python: Data Analysis and Visualization Popular ๐Ÿ”ฅ Data Science R: Data Analysis and Visualization
Advanced
Data Science Python: Machine Learning Popular ๐Ÿ”ฅ Data Science R: Machine Learning Designing and Implementing Production MLOps New ๐ŸŽ‰ Natural Language Processing for Production (NLP) New ๐ŸŽ‰
Find Inspiration
Get Course Recommendation Must Try ๐Ÿ’Ž An Ultimate Guide to Become a Data Scientist
For Companies
For Companies
Corporate Offerings Hiring Partners Candidate Portfolio Hire Our Graduates
Students Work
Students Work
All Posts Capstone Data Visualization Machine Learning Python Projects R Projects
Tutorials
About
About
About Us Accreditation Contact Us Join Us FAQ Webinars Subscription An Ultimate Guide to
Become a Data Scientist
    Login
NYC Data Science Acedemy
Bootcamps
Courses
Students Work
About
Bootcamps
Bootcamps
Data Science with Machine Learning Flagship
Data Analytics Bootcamp
Artificial Intelligence Bootcamp New Release ๐ŸŽ‰
Free Lessons
Intro to Data Science New Release ๐ŸŽ‰
Find Inspiration
Find Alumni with Similar Background
Job Outlook
Occupational Outlook
Graduate Outcomes Must See ๐Ÿ”ฅ
Alumni
Success Stories
Testimonials
Alumni Directory
Alumni Exclusive Study Program
Courses
Bundles
financing available
View All Bundles
Bootcamp Prep
Data Science Mastery
Data Science Launchpad with Python NEW!
View AI Courses
Generative AI for Everyone
Generative AI for Finance
Generative AI for Marketing
View Data Science Courses
View All Professional Development Courses
Beginner
Introductory Python
Intermediate
Python: Data Analysis and Visualization
R: Data Analysis and Visualization
Advanced
Python: Machine Learning
R: Machine Learning
Designing and Implementing Production MLOps
Natural Language Processing for Production (NLP)
For Companies
Corporate Offerings
Hiring Partners
Candidate Portfolio
Hire Our Graduates
Students Work
All Posts
Capstone
Data Visualization
Machine Learning
Python Projects
R Projects
About
Accreditation
About Us
Contact Us
Join Us
FAQ
Webinars
Subscription
An Ultimate Guide to Become a Data Scientist
Tutorials
Data Analytics
  • Learn Pandas
  • Learn NumPy
  • Learn SciPy
  • Learn Matplotlib
Machine Learning
  • Boosting
  • Random Forest
  • Linear Regression
  • Decision Tree
  • PCA
Interview by Companies
  • JPMC
  • Google
  • Facebook
Artificial Intelligence
  • Learn Generative AI
  • Learn ChatGPT-3.5
  • Learn ChatGPT-4
  • Learn Google Bard
Coding
  • Learn Python
  • Learn SQL
  • Learn MySQL
  • Learn NoSQL
  • Learn PySpark
  • Learn PyTorch
Interview Questions
  • Python Hard
  • R Easy
  • R Hard
  • SQL Easy
  • SQL Hard
  • Python Easy
Data Science Blog > Data Visualization > NYC Real Estate Data Analytics - Manhattan 2017

NYC Real Estate Data Analytics - Manhattan 2017

Fatima Hamdan
Posted on Feb 5, 2018
The skills the author demoed here can be learned through taking Data Science with Machine Learning bootcamp with NYC Data Science Academy.

Overview

'When it comes to real estate business, choosing the 'real deal' is the hardest step!'

Investors search for  properties that have higher tendency to be sold with better price. The more deals they have, the more money they earn. However, it is not that simple! Having the wrong deal in buying properties means losing millions of dollars. So prior to buying a property, there should be deep data analysis about the property itself, the previous sales, the previous prices, the location etc.  A lot of factors help in having the real deal!

The following application helps investors in making their decision by analyzing previous sales transactions. It provides the user some computed analysis results with statistical insights and user interactive analysis features. For the time being, this project shows all the property sales that occurred in Manhattan for year 2017.

Application Link:  https://project1-fatimahamdan.shinyapps.io/shiny-project_salesinmanhattan/

Note: The application still needs some enhancements and updates. 

NYC Real Estate Data Analytics - Manhattan 2017


Data Set

 

The data is mainly collected for 36 different locations through 17,464 sales transactions.
It provides the following about each transaction: Neighborhood, Building Class Category, Tax Class at Present, Block, Lot, Easement, Building Class at Present, Address, Zip Code, Residential Units, Commercial Units, Total Units, Land Square Feet, Gross Square Feet, Year Built, Building Class at Time of Sale, Sales Price, Sale Date.

From an investor's point of view, this data set provides the investor all the information needed to analyze previous sales. He/She will get answers for
the following questions:
1. What is the best location in Manhattan to invest in? (whether because it has the highest sales rate or the highest sale price).
2.What is the best time of the year to invest? (depending on the sale prices changes during the year)
3. What location do people prefer for residential units as well as for commercial units?
4. Where are the old buildings located? Are people still buying apartments or houses in an old building?
A lot of questions can be answered from this data set.


The NYC Real Estate Data Analysis Application

 

Statistical Data Insights

The statistical insights tab answers the user two questions:

  • When is the best time to invest in Manhattan?
  • Where is the best location to invest?

NYC Real Estate Data Analytics - Manhattan 2017

The four graphs are based on the following:

  • The average price of each month

This graph shows that the best time of the year for investment in Manhattan -based on price- is December! As for the minimum average of sale price, it is  261,156 $, and the maximum average of sale price is 5,411,472 $.

  • The average number of sales of each month

In this graph, we can see that the best time of the year for investment in Manhattan-based on number of sales- is August!

Why there are two different months for the best investment?! and which month is better?

The answer is in the hand of the investor.. it depends on whether  he/she wants to earn more money or sell more properties.

  • The average price of each location

The variation in this graph shows that the best place to invest in is MidTown CBD! this is based on the sale price.

  • The average number of sales of each location

NYC Real Estate Data Analytics - Manhattan 2017

As for this graph,it  shows people's interests for some locations over the others since there are more sales in those locations. The highest number of sales is in Manhattan Valley and the second highest is Midtown CBD (which is the same place that has the highest average price as well).

The Map

The map shows the 36 locations in Manhattan with average sale price and number of sales for each location. The map is user interactive as well.

User Interactive Analysis

The interactive analysis feature provides the user the option to analyse the information himself/herself. The user can modify 5 inputs which are: the location,the type of building, show only old buildings feature, show only new buildings feature, and the price. After that, he can visualize the result in a table or graph.

For the following specific demo example: The userโ€™s inputs are: ANY LOCATION, ANY TYPE OF BUILDING, old and new buildings, and  price rage  200,000,000 to 600,000,000 $

  1. The inputs features

  1. Visualizing the Table: the data will appear in a table filtered by the user's inputs values

  1. Visualizing the Graphs: These interactive graphs show hows the sale price vary over time and locations.


 

Future Enhancements

 

Live People Searches

Since people's interest in buying or renting a property varies with time, it is important to keep track with what people are up to! nothing is better that analyzing google trends to visualize people's searches on buying in a certain location. This tab will show the investor on daily basis and even lively what locations people are interested in the most.

Contact information:

For more information about the application, contact me on fatima-hamdan@live.com

 

 

 

About Author

Fatima Hamdan

Fatima got her bachelor's degree in Computer Engineering from Lebanese American University. She was chosen as one of the 24 women in engineering change makers from all over the world to attend the Women in Engineering conference in...
View all posts by Fatima Hamdan >

Related Articles

Capstone
Acquisition Due Dilligence Automation for Smaller Firms
Machine Learning
Beware of Feature Importance for Business Decisions
Meetup
Building a Safer Future
Python
Tech Layoffs: Exploring the Trends and Industry Shifts
Meetup
Analysis of Mass Shootings and Gun Ownership in the United States

Leave a Comment

Cancel reply

You must be logged in to post a comment.

No comments found.

View Posts by Categories

All Posts 2399 posts
AI 7 posts
AI Agent 2 posts
AI-based hotel recommendation 1 posts
AIForGood 1 posts
Alumni 60 posts
Animated Maps 1 posts
APIs 41 posts
Artificial Intelligence 2 posts
Artificial Intelligence 2 posts
AWS 13 posts
Banking 1 posts
Big Data 50 posts
Branch Analysis 1 posts
Capstone 206 posts
Career Education 7 posts
CLIP 1 posts
Community 72 posts
Congestion Zone 1 posts
Content Recommendation 1 posts
Cosine SImilarity 1 posts
Data Analysis 5 posts
Data Engineering 1 posts
Data Engineering 3 posts
Data Science 7 posts
Data Science News and Sharing 73 posts
Data Visualization 324 posts
Events 5 posts
Featured 37 posts
Function calling 1 posts
FutureTech 1 posts
Generative AI 5 posts
Hadoop 13 posts
Image Classification 1 posts
Innovation 2 posts
Kmeans Cluster 1 posts
LLM 6 posts
Machine Learning 364 posts
Marketing 1 posts
Meetup 144 posts
MLOPs 1 posts
Model Deployment 1 posts
Nagamas69 1 posts
NLP 1 posts
OpenAI 5 posts
OpenNYC Data 1 posts
pySpark 1 posts
Python 16 posts
Python 458 posts
Python data analysis 4 posts
Python Shiny 2 posts
R 404 posts
R Data Analysis 1 posts
R Shiny 560 posts
R Visualization 445 posts
RAG 1 posts
RoBERTa 1 posts
semantic rearch 2 posts
Spark 17 posts
SQL 1 posts
Streamlit 2 posts
Student Works 1687 posts
Tableau 12 posts
TensorFlow 3 posts
Traffic 1 posts
User Preference Modeling 1 posts
Vector database 2 posts
Web Scraping 483 posts
wukong138 1 posts

Our Recent Popular Posts

AI 4 AI: ChatGPT Unifies My Blog Posts
by Vinod Chugani
Dec 18, 2022
Meet Your Machine Learning Mentors: Kyle Gallatin
by Vivian Zhang
Nov 4, 2020
NICU Admissions and CCHD: Predicting Based on Data Analysis
by Paul Lee, Aron Berke, Bee Kim, Bettina Meier and Ira Villar
Jan 7, 2020

View Posts by Tags

#python #trainwithnycdsa 2019 2020 Revenue 3-points agriculture air quality airbnb airline alcohol Alex Baransky algorithm alumni Alumni Interview Alumni Reviews Alumni Spotlight alumni story Alumnus ames dataset ames housing dataset apartment rent API Application artist aws bank loans beautiful soup Best Bootcamp Best Data Science 2019 Best Data Science Bootcamp Best Data Science Bootcamp 2020 Best Ranked Big Data Book Launch Book-Signing bootcamp Bootcamp Alumni Bootcamp Prep boston safety Bundles cake recipe California Cancer Research capstone car price Career Career Day ChatGPT citibike classic cars classpass clustering Coding Course Demo Course Report covid 19 credit credit card crime frequency crops D3.js data data analysis Data Analyst data analytics data for tripadvisor reviews data science Data Science Academy Data Science Bootcamp Data science jobs Data Science Reviews Data Scientist Data Scientist Jobs data visualization database Deep Learning Demo Day Discount disney dplyr drug data e-commerce economy employee employee burnout employer networking environment feature engineering Finance Financial Data Science fitness studio Flask flight delay football gbm Get Hired ggplot2 googleVis H20 Hadoop hallmark holiday movie happiness healthcare frauds higgs boson Hiring hiring partner events Hiring Partners hotels housing housing data housing predictions housing price hy-vee Income industry Industry Experts Injuries Instructor Blog Instructor Interview insurance italki Job Job Placement Jobs Jon Krohn JP Morgan Chase Kaggle Kickstarter las vegas airport lasso regression Lead Data Scienctist Lead Data Scientist leaflet league linear regression Logistic Regression machine learning Maps market matplotlib Medical Research Meet the team meetup methal health miami beach movie music Napoli NBA netflix Networking neural network Neural networks New Courses NHL nlp NYC NYC Data Science nyc data science academy NYC Open Data nyc property NYCDSA NYCDSA Alumni Online Online Bootcamp Online Training Open Data painter pandas Part-time performance phoenix pollutants Portfolio Development precision measurement prediction Prework Programming public safety PwC python Python Data Analysis python machine learning python scrapy python web scraping python webscraping Python Workshop R R Data Analysis R language R Programming R Shiny r studio R Visualization R Workshop R-bloggers random forest Ranking recommendation recommendation system regression Remote remote data science bootcamp Scrapy scrapy visualization seaborn seafood type Selenium sentiment analysis sentiment classification Shiny Shiny Dashboard Spark Special Special Summer Sports statistics streaming Student Interview Student Showcase SVM Switchup Tableau teachers team team performance TensorFlow Testimonial tf-idf Top Data Science Bootcamp Top manufacturing companies Transfers tweets twitter videos visualization wallstreet wallstreetbets web scraping Weekend Course What to expect whiskey whiskeyadvocate wildfire word cloud word2vec XGBoost yelp youtube trending ZORI

NYC Data Science Academy

NYC Data Science Academy teaches data science, trains companies and their employees to better profit from data, excels at big data project consulting, and connects trained Data Scientists to our industry.

NYC Data Science Academy is licensed by New York State Education Department.

Get detailed curriculum information about our
amazing bootcamp!

Please enter a valid email address
Sign up completed. Thank you!

Offerings

  • HOME
  • DATA SCIENCE BOOTCAMP
  • ONLINE DATA SCIENCE BOOTCAMP
  • Professional Development Courses
  • CORPORATE OFFERINGS
  • HIRING PARTNERS
  • About

  • About Us
  • Alumni
  • Blog
  • FAQ
  • Contact Us
  • Refund Policy
  • Join Us
  • SOCIAL MEDIA

    ยฉ 2025 NYC Data Science Academy
    All rights reserved. | Site Map
    Privacy Policy | Terms of Service
    Bootcamp Application