Market Resurgence: Contract Activity Rebounds with 29 New Deals

The Market Report

Highest Price Listing: 111 West 57th Street #50
List Price: $26,950,000 ($5,999 per ft)
Tower Duplex Residence 50 is a spectacular residence that offers the grandeur of expansive indoor-outdoor living across two full floors, featuring three bedrooms, three full bathrooms, and a powder room comprised of 4,492 square feet of interior space and 1,798 square feet of outdoor space.

Market Overview:
During this week, 29 properties went under contract, with three properties listed at $10 million or higher. The total sales volume has stayed even at $207 million.

Notable Contracts:

  1. 133 E 80th Street #12
    Contract Price: $10,995,000
    Spanning the entire twelfth floor of a renowned Rosario Candela building, this 12 into 11 room penthouse presents a discerning buyer the chance to bring an elegant, architecturally significant five bedroom, five bath apartment with lovely terraces into a new era.

  2. 17 E 63rd Street #3/4
    Contract Price: $10,000,000
    Welcome Home to Residences 3 & 4 at 17 East 63rd Street. Located on one of the Upper East Side's most coveted and picturesque blocks between Madison and Fifth Avenue, The H. Bramhall Gilbert Mansion is one of the most beautiful 30-foot-wide limestone mansions built at the turn of the century. This 3 Bedroom, 3.5 Bathroom home features 5 fireplaces throughout.

  3. 840 Park Avenue #9/10A
    Contract Price: $6,995,000

    Exquisite 4 BR and library duplex high up in a perfect Park Avenue location. The corner living room, library, and large square dining room all float over the surrounding area, enhanced by a total of ten floor-to-ceiling French windows with iron balconies.

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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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Slow Week with 14 Contracts Signed and One $10M Deal Amid Summer Vacations

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Armani Penthouse Sale Completes Building Sellout; Market Activity Remains Strong