Ultra Luxury Shines: 4 Deals Over $20M Lead the Market Surge

The Market Report

Highest Price Listing: 217 West 57th Street #39B
List Price: $59,000,000
Soaring above the vibrant tapestry of New York City sits residence 39B at Central Park Tower, a remarkable 7,587 square foot sanctuary offering unparalleled luxury and breathtaking cityscapes. 41 Days to enter contract.

Market Overview:
During this week, 18 properties went under contract, with five properties listed at $10 million or higher. The total sales volume decreased to $240.6 million.

Notable Contracts:

1. 140 W 12th Street #PH8
   Contract Price: $32,000,000 ($7,946 per ft)
   Crown Jewel Greenwich Lane Penthouse: This stunning 3-4 bedroom, 3.5 bathroom residence spans 4,027 square feet of meticulously curated interior space, with soaring 10ft+ ceilings, complemented by an astonishing 3,148 square feet of private wrap-around terraces offering stunning panoramic views of downtown and midtown Manhattan.

2. 46 Laight Street #Mais
   Contract Price: $7,990,000
   Nestled at the corner of cobblestoned Laight Street in Tribeca's Historic District, this stunning triplex boasts 5 bedrooms, 4.5 bathrooms, and a private garage with multiple outdoor spaces across three floors, totaling an impressive 5,202 square feet. A private key-locked elevator opens into an expansive 22-foot-wide living room with abundant southern natural light, 10-foot beamed ceilings, and a marble gas fireplace.

3. 79 E 79th Street #2
   Contract Price: $5,995,000

   Elegant and traditional 11-room full-floor in estate condition. A private elevator landing opens to a gracious entry foyer, off of which is an array of grand entertaining rooms. The massive living room with a marble wood burning fireplace faces south and enjoys tree lined views and sunny southern outlook over 79th Street. The charming, book-lined formal library opens into the living room and is flooded with southern sunlight. A magnificent formal dining room, off the foyer, has northern exposures and incredible wall space for art.

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