$10M+ Market Shows Steady Momentum; 19 Contracts

The Market Report

Highest Price Listing: 111 West 57th Street #66
List Price: $19,750,000

Designed by the renowned Studio Sofield, recognized for their impeccable quality of craftsmanship, this 3,873 sqft residence offers a direct elevator Entry Gallery which leads into a sprawling full-floor, 3 Bedroom, 3.5 Bathroom Tower Residence.

Market Overview:
During this week, 19 properties went under contract, with five properties listed at $10 million or higher. The total sales volume decreased to $155 million.

Notable Contracts:

1. 140 Jane Street #7S
   Contract Price: $15,000,000 ($4,571 per ft)
   140 Jane Street is a celebration of craft and context. Nestled on a tranquil cobblestone street with views of the Hudson River, this boutique condominium features fifteen immaculate residences designed inside and out by the acclaimed architecture firm Leroy Street Studio. With unique conservatories, private balconies, or terraces in nearly all residences, 140 Jane Street provides an enticing blend of indoor and outdoor living, alongside a collection of beautifully appointed amenities including a porte-cochere, automated parking garage, lap pool, hot tub, private park and full-time doorman.

2. 239 E 78th Street
   Contract Price: $6,500,000 ($1,661 per ft)
   Situated on an idyllic tree-lined street in an excellent and desirable Upper East Side location, this turn-key six-story townhouse has been meticulously renovated to a high standard. Built in 1899, the residence presents the rare and coveted combination of charming period architectural detail and modern convenience. With 4,000 square feet of interior space, a beautifully landscaped garden just under 50 feet, and a rooftop oasis, this wonderful and welcoming five Bedroom house offers endless opportunities and is a haven unto itself.

3. 108 Leonard Street #11P
   Contract Price: $4,850,000 ($2,599 per ft)

   Spanning 1,866 square feet, this 3-bedroom, 3.5-bath sanctuary boasts unparalleled quality and composition. The grand entry gallery, adorned with dual closets, leads you to an extraordinary Great Room illuminated by dramatic half-moon windows. Wide plank medium oak flooring, arranged in a chevron pattern, enhance each room, setting the stage for sophisticated living.

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