Lux. Market Hits Top Week Since October. Sarway Team Represents #1 Contract.

The Market Report

Highest Price Listing: 760 Madison Avenue #9
List Price: $25,000,000 ($5,518 per ft)
Details: The Sarway Team represented the purchaser of this full-floor residence with Central Park Views. This building is arguably the most notable new development on the Upper East Side, and is now over 60% sold. This residence offers 5 Bedrooms and 5.5 Bathrooms, over 4,530 square feet.

Market Overview:
During this week, 27 properties went under contract, with five properties valued at $10 million or higher. The total sales volume reached $214 million, which will be seen as an outlier week. This was the most active week in terms of contract activity since October.

Notable Contracts:

  1. 111 West 56th Street #PHA
    Contract Price: $16,950,000
    It is the second most expensive contract of the week. Penthouse A at ONE11 Residences at Thompson Central Park offers a one-of-a-kind living opportunity in the heart of Midtown Manhattan with Central Park views in almost every room and private outdoor living space as grand as its interiors. A true home in the sky.

  2. 1045 Madison Avenue #11
    Contract Price: $15,500,000
    Apartment 11 is a stunning full floor comprising 4193 sqft with 5 bedrooms, 5 full baths, and a powder room. This residence entered contract after 34 days on the market.

  3. 733 Park Avenue #27
    Contract Price: $8,750,000

    This exquisite residence is in triple mint condition and is comprised of 3 bedrooms, a library, 4.5 bathrooms, a living room, a dining room, an eat-in kitchen, and a staff room. This is a home that defines grand-scale Manhattan living. This residence entered contract after 122 days on the market.

Off Market Listing:

  • Location: UES Unreleased New Development

  • Details: Multiple Units available

  • Asking Price: From $8MM

  • Contact: Email for details and viewing arrangements.

Email for details

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

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