Market Activity Continues to Show Strength; $10MM+ Struggles
The Market Report
Highest Price Listing: 432 Park Avenue #37B
List Price: $12,400,000 ($3,097 per ft)
One of the final sponsor sales at 432 Park Avenue. Half-floor residence 37B occupies 4,003 square feet, encompassing 3 bedrooms, a separate library, four full baths, and a powder room. This unit has a combined monthly expense of $22,876.
Market Overview:
During this week, 31 properties went under contract, with three properties listed at $10 million or higher. The total sales volume has decreased to $205.96 million.
Notable Contracts:
48 W 88th Street, House
Contract Price: $10,495,000
48 West 88th Street is a 20’-wide, 5-story, bright, and immaculately maintained townhouse spanning approximately 7,300 sqft, with 5 bedrooms, 5 bathrooms, and 2 powder rooms, and built in 1889 by Thom & Wilson.311 West Broadway #5EJ
Contract Price: $7,995,000
Unique Stunning 4/5 Bedroom 4000 sq ft Modern Loft in Prime Soho in Full Amenity Condo. Introducing a one-of-a-kind stunning, almost 4000 square foot modern loft-like Condo residence designed by the acclaimed Gwathmey Siegel architects—one of the largest residences at the esteemed Soho Mews—in a prime Soho location, with outstanding amenities including an on-site garage, fitness center, full-time doorman, and outdoor garden.14 West 11th Street #Garden
Contract Price: $6,000,000
21’ Wide Townhouse Duplex with South Facing Garden. A Rarely offered fully renovated 3 bedroom, 3 and a half bathroom duplex in an architecturally significant Greek-Revival townhouse on Greenwich Village’s historic Gold Coast.
This report presents the recent high-end real estate market activities, highlighting key transactions and market movements.