Market Rebounds: 31 Signed Contracts and Counting

The Market Report

Highest Price Listing: 64 University Place #PHB
List Price: $20,000,000
Penthouse B at 64 University Place: a one-of-a-kind four-bedroom, four-and-one-half-bathroom home spanning 3,972 interior square feet, and with 402 exterior square feet across two private terraces.

Market Overview:
During this week, 31 properties went under contract, with five properties listed at $10 million or higher. The total sales volume increased to $242.3 million.

Notable Contracts:

1. 1295 Madison Avenue #PH
   Contract Price: $19,500,000 ($4,666 per ft)
   The Penthouse at The Wales is a one-of-a-kind full floor residence offering a gracious 4,179 SF interior with an expansive 3,114 SF of outdoor space over two levels.

2. 84 Mercer Street #3E
   Contract Price: $8,000,000
   This is the stuff that Soho Loft Dreams are made of: Iconic architectural elements, including exposed, meticulously restored cast iron columns and massive wood beams, set the tone for this voluminous ultra-loft spanning around 60 feet of West-facing sunny frontage onto one of the area's most prized cobble street blocks.

3. 107 Greene Street #2C
   Contract Price: $4,350,000

   This modern condominium is located in the historic Soho neighborhood on a quintessential cobble stone street in a full-service building. It has a total of 1,667 sq. ft with two bedrooms and two full bathrooms. In true downtown style, the elevator opens directly into the entry foyer for complete privacy. The open and bright layout of the main entertaining space immediately inspires grand Soho loft living by connecting the living, dining and kitchen with impressive 13'-3" tall ceilings and soaring 10 foot windows overlooking Greene Street.

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