Market Rebounds with 20+ Contracts. $10M+ Slows

The Market Report

Highest Price Listing: 45 E 74th Street #TH
List Price: $23,800,000

Turn-Key Limestone Townhouse with Private Pool
6 Bedrooms | 6 Baths | 3 Powder Rooms

This 20ft wide townhouse was built by Joseph Pell Lombardi Architects in 2012 that brought this townhouse to its current neo-Roman Limestone clad elegant design while being on one of the Upper East Side's most desirable locations between Park and Madison Avenue.

Market Overview:

During this week, 21 properties went under contract, with three properties listed at $10 million or higher. The total sales volume decreased to $150 million.

Notable Contracts:

1. 111 West 57th Street #27
   Contract Price: $13,000,000 ($2,894 per ft)

   Designed by the award-winning Studio Sofield, recognized for their impeccable quality of craftsmanship and renowned attention to detail, this 4,492 sqft residence offers a direct elevator Entry Gallery which leads into a sprawling full-floor, 3 Bedroom, 3.5 Bathroom Tower Residence.

2. 93 Worth Street #PH3
   Contract Price: $6,500,000

   Sun flooded, 3000 square foot Penthouse with 3 bedrooms and 3.5 baths in a full service Condominium in Tribeca. Step off the elevator into the bright welcoming great room, with walls of floor to ceiling windows facing south and west allowing open panoramic views of the city's most iconic downtown landmarks. The massive great room, with 11.5 foot ceilings, wide oak plank flooring, and a gas fireplace is perfect for large scale entertaining or intimate gatherings with friends.

3. 630 Park Avenue #5B
   Contract Price: $4,950,000

   630 Park Avenue on the corner of 66th street, is an exclusive Park Avenue address. Designed by AD100 designer David Kleinberg , this meticulously renovated 2-bedroom residence exudes elegance and sophistication, with no expense spared in its renovation.

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