The Luxury Market Shows Exceptional Contracts in the First Week Post-Holidays

The Market Report

Highest Price Listing: 15 Central Park West #3B
List Price: $18,500,000 ($5,887 per sf)
Details: A triple-mint, 3-bed, 3.5-bath residence located in one of Manhattan's most prestigious condominiums, 15 Central Park West, designed by world-renowned architect Robert A.M. Stern, entered contract. The unit has a view of Central Park's tree line.

Market Overview:
During this week, 13 properties went under contract, with four properties valued over $10 million. The total sales volume reached $112 million.

Notable Contracts:

1. 685 Fifth Avenue #PHA (Mandarin Residences)
   Contract Price: $16,500,000
   The Mandarin Residences on Fifth Avenue offers a complete hotel amenity package without an actual hotel component. The building has set astonishing price records and continues to show tremendous success.

2. 17 E 63rd Street Fl 3/4
   Contract Price: $10,000,000
   This 4,200 SF duplex features 3 3-bedroom, 3.5 Bathroom home features 5 fireplaces throughout. From the soaring approx. 12-foot ceilings to the grand-scale rooms, this truly is a one-of-a-kind home that has never been available to date.

3. 137 Riverside Drive #7D
   Contract Price: $6,950,000

   Apartment features include 5 bedrooms + home office and 3.5 baths (easily can be 4.5 baths) spanning two floors, this grand home was artfully designed to maximize light and space. Luxury comforts include 10'-high ceilings, 4 exposures, two corner rooms, numerous windows, and oak floors.

Off Market Listing:

• Location: Midtown, Billionaires Row

• Details: Penthouse 5 Beds

• Asking Price: $75 Million

• Contact: Email for details and viewing arrangements.

Email for details

This report presents the recent high-end real estate market activities, highlighting key transactions and market movements.