$20MM+ Market Shows Strength with Multiple Contracts

The Market Report

Highest Price Listing: 1 Central Park West #47BC
List Price: $27,500,000
Impeccably renovated by the expertise of Hottenroth + Joseph Architects and a never-before-occupied residence located at One Central Park West. Boasting five bedrooms, six bathrooms, two half-bathrooms, and an impressive 6,300 square feet of living space, this home offers a stunning blend of Art Deco and Modern design, and an unprecedented 100 linear feet of Central Park frontage and views.

Market Overview:
During this week, 20 properties went under contract, with five properties listed at $10 million or higher. The total sales volume has decreased to $192 million.

Notable Contracts:

  1. 110 E 70th Street [House]
    Contract Price: $25,500,000
    This sun-filled, gracious, and immaculate home underwent a rigorous three + year renovation by renowned architect Steven Harris. More than 10,000 square feet comprises five and a half stories, and a sixth fully finished lower level with a 28-foot Swimming Pool. A paneled elevator conveniently accesses all floors. The generous interior is complimented by three Gardens and three landscaped Terraces. Moreover, the residence has the rare good fortune of enjoying four exposures North, South, East, and West, largely over verdant gardens and treetops.

  2. 200 E 75th Street #14B
    Contract Price: $7,650,000
    Residence 14B is a 4 bedroom, 4 and a half bath residence facing east, west, and south with open views and beautiful light. With ceiling heights over 10 feet, the apartment feels lofty and airy. 200 East 75th has the ambiance of a very special boutique hotel. With just 36 residences and chic and playful amenities and design, it’s unlike any other building on the Upper East Side.

  3. 160 Leroy Street #S6C
    Contract Price: $5,595,000
    In Prime West Village, panoramic Hudson River views await you in this impressive, oversized 2 bed, 2.5 bath, 1644 sq ft residence designed for the most discerning resident. With dramatic 11-foot ceilings and 42 linear feet of water views, 160 Leroy was conceptualized by Ian Schrager and Pritzker Prize-winning architects Herzog & de Meuron.

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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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Spring Season is HOT. 10 Contracts over $10MM.

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Sarway Team Represents #2 Contract of the Week