Lux. Market Comes Back: Six Luxury Properties In-Contract Above $10M, Topped by a $44.5M Sale

The Market Report

Highest Price Listing: 2 E 67th Street [#9]
List Price: $44,500,000
Soaring high ceilings, generously- proportioned windows with Juliet balconies, as well as unexpectedly open exposures in four directions enhance the sun-flooded and bright nature of the residence.

Market Overview:
During this week, 27 properties went under contract, with six properties listed at $10 million or higher. The total sales volume has increased to $256 million.

Notable Contracts:

  1. 21 E 26th Street #PH
    Contract Price: $24,990,000
    This grand and luxurious duplex penthouse occupies the top two floors of the historic Whitman Mansion and offers over 9,500 square feet of indoor/outdoor living space with 4 terraces and unobstructed views overlooking Madison Square Park! A private keyed-elevator landing with secured entrance foyer leads to a massive sky-lit great room with high ceilings, wide-plank rift oak floors and brilliant southern light through a wall of Palladian-style windows with multiple french doors opening onto an enchanted park-side terrace.

  2. 385 W 12th Street #PHE
    Contract Price: $12,000,000
    This incredible penthouse located on cobblestoned West 12th street in the West Village features four-bedrooms, and three and a half baths (fourth bath can easily be converted back) in this designer residence with beautifully crafted interiors, two levels of private outdoor space atop a full-service boutique condominium close to the Hudson River.

  3. 136 E 65th Street [House]
    Contract Price: $7,995,000
    The residence currently stands at 20 feet wide and 4 stories, with over 4,500 interior square feet and additional 3,900 SF FAR.

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

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Sarway Team Represents #2 Contract of the Week

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Lack of Strong Supply Limits the Market