Notable High-End Contracts and a $49M Penthouse
The Market Report
Highest Price Listing: 500 W 18th Street #E-PH26
List Price: $49,000,000 ($6,644 per sf)
Details: Penthouse East 26 at One High Line, a unique 7,375 SF residence with 5 bedrooms and 6.5 bathrooms, offers 360 views of the Hudson River, Midtown, and Downtown Manhattan. Designed by Gilles & Boissier, it features a spacious great room, living/dining area, and a 4,829 SF terrace bathing in natural light.
Market Overview:
During this week, 22 properties went under contract, with three properties valued over $10 million. The total sales volume reached $194 million. The market has broken the holiday slump and has returned to a regular pace.
Notable Contracts:
50 W 66th Street #40W (Extell, New Development)
Contract Price: $16,500,000
50 West 66th Street is 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 124 ultra-luxury homes ranging from two bedrooms to full floors. The building boasts 50,000 square feet of amenity space.19 Greene Street #4
Contract Price: $8,500,000
A meticulously renovated SoHo loft located on a prime block. Sold after 107 days on the market.188 E 78th Street #19B
Contract Price: $5,500,0005 Bedrooms, 4.5 Bathrooms, 2,874 SF. This high-floor Upper East Side residence features incredible views and entered contract after 74 days.
Off Market Listing:
Location: Prime UES
Details: Penthouse Duplex with outdoor Space. New development
Asking Price: $19MM
Contact: Email for details and viewing arrangements.
This report presents the recent high-end real estate market activities, highlighting key transactions and market movements.