The Early Spring Market is off to a Great Start with 38 Contracts Signed

The Market Report

Highest Price Listing: 125 Perry Street #PHW
List Price: $57,500,000 ($3,385 per ft)
Details: Keeping with the historical context of the West Village and the very characteristics that made it one of the most desirable locales in the city, the transformation of 125 Perry Street is a masterclass in adaptive reuse. Seamlessly marrying original architectural moments with thoroughly contemporary details, stewarded by the artisans of Leroy Street Studio, the building is poised to enter a new chapter of its existence nearly a century after it was originally crafted—now as the home for a select number of discerning owners. Building features include a full-time doorman, private driveway, weight room, and sports court.

Market Overview:
During this week, 38 properties went under contract, with nine properties listed at $10 million or higher. The total sales volume has increased to $400 million.

Notable Contracts:

  1. 50 West 66th Street #41NS
    Contract Price: $46,750,000
    This is the second most expensive sale of the week. 50 West 66th Street, slated to be one of the tallest and most important residential buildings that will transform the Upper West Side and the New York City Skyline. Extell's newest tower will have 127 ultra luxury homes ranging from two bedrooms to full floors. The building boasts 50,000 square feet of amenity space including both an indoor and outdoor pool, squash court, full sized basketball and pickleball court, state of the art fitness center, Sky Lounge for entertaining and Porte cochere entrance.

  2. 90 Morton Street #4D
    Contract Price: $7.350,000
    90 Morton Street, one the most coveted boutique condominiums in the heart of the West Village. This meticulously crafted 3-bedroom, 3.5-bathroom residence has undergone a stunning transformation by the renowned Leroy Street Studios.

  3. 495 West Street #5
    Contract Price: $8,500,000
    Overlooking the Hudson River Park and beyond, enjoy over 60 feet of steel ribbon windows. A rare find this full floor loft space with an open flexible layout is currently set up as an artist’s photography studio.

Off Market Listing:

  • Location: UES Unreleased New Development

  • Details: 14 Units available

  • Asking Price: From $8MM

  • 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.

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Market Activity Continues; Ultra Luxury Takes a Break

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One Contract above $10MM, but Luxury Market Activity Stays Strong