42 Contracts Signed, With 10 of $10MM; A Strong Week

The Market Report

Highest Price Listing: 36 Bleecker Street #PHA
List Price: $22,500,000 ($5,022 per ft)
This stunning penthouse offers 4,480 interior 1388 exterior square feet, four bedrooms (possible 5), a library with gas fireplace, and five bathrooms. One enters the gorgeous entertaining floor which includes two wraparound terraces with a gas grill, an iconic glass-enclosed Living Room, a dramatic 67 foot long sun filled gallery, marble lined office/library with gas fireplace. The Western wing encompasses a massive 19'6 x 28'4 Great Room. 174 Days to enter contract.

Market Overview:
During this week, 42 properties went under contract, with ten properties listed at $10 million or higher. The total sales volume has increased to $328 million.

Notable Contracts:

1. 520 Park Avenue #17
   Contract Price: $18,000,000
   This residence was reduced to the $16MM range internally to spur a quick deal. Ended up being an incredible deal for the buyer, however, this floor of the building doesn’t have grand views. Impeccably designed and masterfully executed by renowned architect R.M. Stern and Molori Design, this spectacular full floor, four bedroom, five and a half bathroom is the epitome of elegant Upper East Side living. Sprawling over 4,613 square feet, this outstanding residence boasts the finest custom finishes and fixtures, with no detail unconsidered, nor expense spared.

2. 640 Park Avenue #3
   Contract Price: $15,000,000
   Encompassing the entire THIRD floor of 640 Park Avenue this magnificent seventeen into fourteen room simplex is an architectural tour de force. The simply stunning residence is offered in immaculate and mint condition, and is especially distinguished by abundant verdant tree line outlooks onto Park Avenue, and sunny southern views over East 66th Street.

3. 10 Bond Street #5E
   Contract Price: $7,500,000

   This half-floor residence, spanning 2,775 SF, boasts three bedrooms, three baths, and a powder room, offering a luxurious living experience in the heart of Noho. With exposures to the South, East, and West, along with 10'-10 ceilings, residents are treated to breathtaking views overlooking Bond and Lafayette.

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