Douglas Elliman | Licensed Real Estate Salesperson
Kieth Truong Manhattan Real Estate Agent
Manhattan Listing Agent at Douglas Elliman
Ann Marie Folan Team | Seller Representation
Kieth Truong is a Manhattan listing agent and Licensed Real Estate Salesperson with Douglas Elliman and the Ann Marie Folan Team, advising sellers of condos, co-ops, townhouses, luxury new development, high-value properties, and expired or stalled listings that need a sharper relaunch strategy.
Manhattan focus: Chelsea, Greenwich Village, Tribeca, Lenox Hill, Midtown East, Park Avenue, condos, co-ops, townhouses, and expired listings.
About
Built for a Specific
Kind of Seller
I work as part of the Ann Marie Folan Team at Douglas Elliman - ranked in the top 1% nationally, recipients of the REBNY Deal of the Year Award, and specialists in Manhattan seller representation, condos, townhouses, and luxury properties, and high-value property transactions.
Ann Marie brings a rare edge: a legal background from St. John's University School of Law and tenure at Stroock, Stroock & Lavan LLP. Her counsel on contracts is unlike anything most sellers encounter.
My own background is in contract negotiation from the defense industry - a discipline where precision and leverage matter. I apply that same rigor to every deal.
What We Do
A Focused Practice
01 | Stalled & Expired Listings
Relaunching Manhattan listings that have gone quiet with revised pricing, presentation, photography, buyer feedback, and a clearer positioning strategy.
02 | Luxury Condos & Townhouses
Experience positioning distinctive Manhattan condos, co-ops, townhouses, lofts, and luxury new construction in a complicated and highly competitive market.
03 | Manhattan Listing Agent
From Chelsea and Greenwich Village to Tribeca, Lenox Hill, and Midtown East - neighborhood-specific seller strategy from a Manhattan real estate agent, not a generic playbook.
Representation With Intention
Your property deserves a considered plan.
Selling in Manhattan is a significant decision. Kieth Truong works with property owners who value clear communication, accurate pricing guidance, tailored marketing, and a steady point of contact throughout the process.
From the first conversation through closing, the focus is straightforward: understand your goals, prepare thoughtfully, and present your property with care to the right buyer pool.
Neighborhood focus: Chelsea, Greenwich Village, Tribeca, Lenox Hill, Midtown East, and select Manhattan submarkets where pricing, building context, and buyer demand shape the sale strategy.
Manhattan Seller FAQ
Questions Sellers Ask
What does Kieth specialize in?
Seller representation for Manhattan condos, co-ops, townhouses, luxury properties, and expired or stalled listings.
Which Manhattan neighborhoods does Kieth serve?
Chelsea, Greenwich Village, Tribeca, Lenox Hill, Midtown East, Park Avenue, the Upper East Side, and select Manhattan submarkets.
How can Kieth help with an expired listing?
By reviewing pricing, presentation, photography, buyer feedback, and positioning, then relaunching with a clearer Manhattan seller strategy.
Backed By Experience
Part of the Ann Marie
Folan Team.
Kieth Truong is a Licensed Real Estate Salesperson with the Ann Marie Folan Team at Douglas Elliman. This affiliation connects personal service with the reach of one of New York's established real estate brokerages.
Licensed Real Estate Salesperson
NY License: 10401397930
Ann Marie Folan Team at Douglas Elliman
575 Madison Avenue, Third Floor
New York, NY 10022
Selected Transactions
Notable Closed Transactions

130 William Street, PH63A
$7,700,000
330 East 51st Street
$6,850,000
965 Fifth Avenue, 11B
$4,000,000
52 Park Avenue, PH
$2,500,000
130 William Street, PH63A
$7,700,000
330 East 51st Street
$6,850,000
965 Fifth Avenue, 11B
$4,000,000
52 Park Avenue, PH
$2,500,000Backed By Experience
Part of the Ann Marie
Folan Team.
Kieth Truong is a Licensed Real Estate Salesperson with the Ann Marie Folan Team at Douglas Elliman. This affiliation connects personal service with the reach of one of New York's established real estate brokerages.
Licensed Real Estate Salesperson
NY License: 10401397930
Ann Marie Folan Team at Douglas Elliman
575 Madison Avenue, Third Floor
New York, NY 10022
Featured Listings
Explore Featured
Listings
View current Manhattan property details and availability on Kieth Truong's Douglas Elliman profile.
Start A Conversation
Considering a sale?
Reach out for a private conversation about your Manhattan or New York City property and the next steps that make sense for you.
Market Intelligence
Market Insights & Reports
Manhattan real estate analysis, market reports, and expert commentary by Kieth Truong
June 2026 | Market Analysis
Manhattan Q1 2026: Strongest Quarter in Five Years
Manhattan property sales totaled $3.7 billion in Q1 2026 — the market's biggest first quarter since 2021, up 37% from Q1 2025.
Key Numbers
- Median sale price: $1,225,000 (+5.2% year over year)
- Condo median: $1,750,000 | Co-op median: $850,000
- Days on market: 110 days — fastest Q1 pace since 2018
- Active inventory: ~6,000 units (5-year first-quarter low)
- Luxury contracts ($10M+): up 47.4% year over year
Seller conditions are tightening. Inventory is at its lowest Q1 level in five years and well-priced properties are moving faster than they have in nearly a decade. If you are considering a sale, the current supply-demand dynamic favors sellers — particularly in the condo and luxury segments.
Kieth Truong · Douglas Elliman · 646.535.6106
Questions about Manhattan real estate? [email protected]
About Me
Current Listings
Market Updates
Selling Your Manhattan Home This Fall? Here's How to Prepare Now
Fall is Manhattan's second busiest sales season—and the window between Labor Day and Thanksgiving moves fast. Sellers who start preparing in June and July consistently achieve better outcomes than those who rush in September.
Fall is Manhattan's second busiest sales season—and the window between Labor Day and Thanksgiving moves fast. Sellers who start preparing in June and July consistently achieve better outcomes than those who rush in September.
The work that matters most happens before a listing goes live. That means resolving deferred maintenance, making staging decisions, commissioning professional photography, and preparing floor plans. In a competitive market, buyers form an impression in seconds—listings that look well cared for command more attention and better offers.
Pricing strategy matters just as much, and it needs to be set before Labor Day. Fall buyers in Manhattan are serious—many are working against year-end lease expirations or tax deadlines—and they compare your apartment to everything else active at that moment. Entering at the right number from day one prevents the stigma of price reductions and extended days on market.
The sellers who do best in fall are the ones who use June and July as the real preparation window. By the time September listings go live, the work is already done. If you're considering a fall sale, the right time to have that conversation is now.
The Legal Edge: How Ann Marie Folan and Kieth Truong Navigate Manhattan's Seller Market
Before real estate, Kieth Truong spent years negotiating high-stakes defense industry contracts. Ann Marie Folan brings a legal background from St. John's University School of Law and Stroock, Stroock & Lavan LLP.
Before real estate, Kieth Truong spent years negotiating high-stakes defense industry contracts—the kind where the language in a clause and the sequence of concessions determine outcomes worth millions. That background shapes how he approaches every transaction: methodically, without the emotion that often costs sellers money.
Ann Marie Folan's foundation is equally rigorous. She holds a J.D. from St. John's University School of Law and practiced at Stroock, Stroock & Lavan LLP, one of New York's prominent commercial real estate firms. She reads contracts the way lawyers do—looking for what's missing, what's ambiguous, and what the other side is counting on the seller not to notice.
Together, they work at the intersection of market knowledge and legal fluency. In co-op and condo transactions, that matters more than in most markets. Board approval processes, proprietary lease terms, flip tax calculations, and contract contingencies all have implications that agents without legal training routinely miss.
Their clients get representation built on actual negotiating experience—not just sales volume. That distinction becomes most visible when a deal gets complicated, which is precisely when most sellers discover what their agent is truly capable of.
Manhattan Q1 2026: Strongest Quarter in Five Years
Manhattan's residential market opened 2026 with its most active first quarter since 2021. Signed contracts were up 18% year-over-year, median days on market fell to 62, and the $2M–$4M condo segment saw its lowest inventory levels since the post-pandemic surge.
Manhattan's residential market opened 2026 with its most active first quarter since 2021. Signed contracts were up 18% year-over-year, median days on market fell to 62, and the $2M–$4M condo segment saw its lowest inventory levels since the post-pandemic surge.
The driver wasn't a single factor. Rate stabilization brought back buyers who had been waiting on the sidelines since 2023. At the same time, inventory remained constrained—particularly in well-priced co-ops below $2M and full-service condos between $2M and $4M. When supply is tight and demand returns, the market clears faster and at higher prices.
Geographically, the strongest activity was concentrated on the Upper East Side and in Midtown South. The Upper East Side benefited from value relative to downtown and improved buyer perception following infrastructure improvements along the Second Avenue corridor. Midtown South—particularly Turtle Bay and Murray Hill—continued attracting buyers who prioritize space and value over prestige addresses.
For sellers, Q1 data suggests the market is absorbing well-priced inventory quickly. Properties that entered correctly—staged, photographed, and priced at current comps rather than aspirational numbers—saw significantly shorter time to contract than the prior year. The sellers who struggled were those who tested above market and then had to reduce. Q2 and Q3 will determine whether this momentum holds, but the buyer pool entering spring 2026 is deeper and more qualified than it has been in several years.
13 Months on the Market. Under Contract in 50 Days.
233 East 69th Street, Apt 3L had been listed by a prior broker for over a year with no result. A repositioned strategy and fresh presentation changed the outcome entirely.
233 East 69th Street, Apt 3L had been on the market for over thirteen months with a prior broker—no offers, no traction, and a seller understandably frustrated with the process.
The problem wasn't the apartment. It was the positioning. The prior listing used dated photography, a price out of step with recent comparable sales, and a description that emphasized features buyers at that price point weren't prioritizing. The apartment had effectively become invisible—buyers who saw it once didn't come back, and new buyers filtered it out based on days-on-market stigma.
The repositioning started with a complete reset. New photography was commissioned with a focus on light and proportions. The price was adjusted to reflect where the market had actually moved over thirteen months. The listing description was rewritten to lead with what buyers at this price point genuinely cared about: quiet, well-maintained, correctly priced for the floor plan.
The apartment went under contract in 50 days. The price achieved was within 3% of the repositioned ask—a result that reflected market reality rather than wishful pricing. The seller got a closed transaction after more than a year of carrying costs. The case illustrates something the data consistently confirms: extended time on market is almost never about the apartment. It's almost always about how it's being presented.
Inside the Sale: 330 East 51st Street, From Contract to Close in 103 Days
330 East 51st Street is a four-story Turtle Bay townhouse. Listed September 11, 2025 and closed March 2, 2026—the deal moved from executed contract to keys in 103 days.
330 East 51st Street is a four-story Turtle Bay townhouse—a property type that attracts a specific and serious buyer: someone who wants the privacy and scale of a townhouse without leaving Manhattan, in a neighborhood that's walkable, quiet, and well-connected.
The property was listed September 11, 2025. The listing strategy focused on the building's structural integrity, the character of the block, and the flexibility of the floor plan for a buyer looking to either occupy or renovate. Turtle Bay has a distinct identity that appeals to buyers who've looked downtown and decided the scale and noise aren't right for them.
A buyer executed a contract within the first active weeks of the listing. What followed was a 103-day process from signed contract to closing—a timeline that reflects the inherent complexity of Manhattan townhouse transactions. Title searches, transfer tax coordination, attorney negotiations over representations and warranties, and the scheduling dependencies of a property this size all require methodical management to stay on track.
The deal closed March 2, 2026. For the seller, it was a completed transaction on a property type where extended marketing periods are common. Townhouse transactions in Manhattan demand a higher level of process management than co-op or condo deals. This one closed on schedule because the details were tracked from day one.



