The Luxury Market Continues to Soar with 30+ Contracts Two Weeks in a Row.
The Market Report
Highest Price Listing: 778 Park Avenue #9
List Price: $20,000,000 ($3,076 per ft)
Details: With nearly 100 feet of Park Avenue facing frontage, this full floor home spans over 6,500 Square Feet and is defined by 16 voluminous rooms, 6 ensuite bedrooms, 7 full bathrooms and 2 half bathrooms. Architectural elements include 3 wood burning fireplaces, soaring 11” Ft. ceilings, beautifully crafted custom moldings and inlaid custom hardwood floors. This property took 99 days to enter contract.
Market Overview:
During this week, 30 properties went under contract, with five properties valued at $10 million or higher. The total sales volume has decreased to $247 million.
Notable Contracts:
14 E 81st Street [House]
Contract Price: $19,995,000
This is the second most expensive sale of the week. 14 East 81st Street is a 20.5 wide, 5-story, renovated limestone townhouse spanning approximately 8,200 sqft. This townhouse took 196 days to enter contract.955 Fifth Avenue #4/5A
Contract Price: $9,950,000
Duplex with Central Park views at 955 Fifth Avenue enters contract in 132 days. This architecturally significant Duplex boasts over 70 feet of direct Central Park views over two floors. The extraordinary home underwent a meticulous four-year designer renovation and is in triple mint condition, offering 13 voluminous rooms, 5 Bedrooms, and 5.5 Bathrooms, spanning nearly 5,000 Sq. Ft.45 Crosby Street #PHN
Contract Price: $5,250,000
Defining features of this one-of-a-kind home include direct elevator entry, 13-foot ceilings, arched windows allowing for all-day natural light, exposed brick and beams, a stunning millwork schedule and an extraordinary scope of fixtures and finishes. This loft took 115 days to enter contract.
Off Market Listing:
Location: UES Unreleased New Development
Details: 14 Units available
Asking Price: From $8MM
Contact: Email for details and viewing arrangements.
This report presents the recent high-end real estate market activities, highlighting key transactions and market movements.