Active Week with 27 Contracts, But Few Over $10M

The Market Report

Highest Price Listing: 170 E 80th Street #TH
List Price: $17,995,000

170 East 80th Street is a sprawling 22-foot wide Eco friendly, LEED certified mixed use property designed and masterfully constructed by world famous architect, Toshiko Mori. It is situated on the south side of 80th Street between Lexington and Third Avenues, within close proximity to Central Park, in the heart of the Upper East Side, but outside of the Historic District.

Market Overview:

During this week, 27 properties went under contract, with four properties listed at $10 million or higher. The total sales volume increased to $188 million.

Notable Contracts:

1. 170 East End Avenue #PH2B
   Contract Price: $16,995,000 ($3,456 per ft)

   The voluminous space is filled with natural light and spans 4,906 sq feet, featuring 5 bedrooms, 6.5 bathrooms and a stunning office/library. As you arrive at this residence on its own private floor, you'll be captivated by the grand foyer, over 12-foot-high ceilings, and floor to ceiling windows with breathtaking views of the river, park, and bridges.
   

2. 337 Riverside Drive
   Contract Price: $9,995,000

   Presenting The River Mansion, an iconic single family home located at 337 Riverside Drive in the historic Riverside Drive-West 105th Street District of the Upper West Side. This Beaux-Arts style home was meticulously crafted between 1899 to 1902 by renowned architect Robert D. Kohn, and stands as a testament to timeless elegance and craftsmanship. Spanning five stories, with 10,000 square feet of living space, a separate basement apartment with dedicated entrance, and Hudson River views, this trophy estate is truly one of a kind.

3. 30 Park Place #59A
   Contract Price: $6,500,000

   In a world of design sameness, Residence 59A at 30 Park Place is a welcome anomaly. Perched on the 59th floor of the prestigious Four Seasons Private Residences and with open northern views of the Manhattan skyline and western views of the Hudson River, the home’s bespoke, individual interiors imbue warmth and intimacy in an otherwise completely grand setting. Spanning 2,811 square feet and offering three bedrooms, four-and-a-half bathrooms, dramatic ceiling heights and floor-to-ceiling windows, the residence itself is opulent and design-forward; set against the backdrop of luxurious 5-star hotel services, the buyer is a most discerning one who will want for nothing.

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