Activity Stays Consistent Despite Interest Rate Impact

The Market Report

Highest Price Listing: 118 West 12th Street
List Price: $19,995,000 ($2,878 per ft)
Turnkey, 24.5-foot-wide Greek Revival home on a 103’ south facing lot. Spanning 6,600 square feet across 4 stories, the elegantly appointed contemporary interiors feature 5 bedrooms, 3 full bathrooms, 2 powder rooms, and over 1,600 square feet of lush private outdoor spaces across multiple levels.

Market Overview:
During this week, 28 properties went under contract, with seven properties listed at $10 million or higher. The total sales volume has decreased to $233 million.

Notable Contracts:

1. 920 Fifth Avenue #5A
   Contract Price: $18,000,000
   This exquisite A-line residence, designed by the esteemed Peter Marino, is a testament to luxury living on Fifth Avenue, at the prestigious corner of Fifth Avenue and 73rd Street. Occupying the entire front of a limestone-clad cooperative, this exceptional apartment enjoys a vantage point that is second to none, with panoramic views of Central Park and the Manhattan skyline that are truly breathtaking.

2. 79 E 79th Street #10
   Contract Price: $10,995,000
   Perfectly located on the 10th Floor of a premier prewar co-operative, this stunning sun-drenched 12 into 10 room full-floor home has been completely renovated by renowned architect George Sweeney with the highest level of finishes used throughout. This exceptional residence showcases breathtaking open city views, including the iconic Central Park, which serves as your daily backdrop. There are three working fireplaces, and the ceilings reach up to 10'7" in height, further enhancing the feeling of grandeur.

3. 53 Greene Street #4
   Contract Price: $5,820,000

   Residence 4 at 53 Greene epitomizes modern elegance with meticulous design and cutting-edge technology. This expansive 2,771-square-foot full-floor condo loft apartment offers private elevator access and a seamless fusion of style and functionality.

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