High-End Market Thrives: 'Cottage in the Sky' Sells in Just 15 Days

The Market Report

Highest Price Listing: 443 Greenwich St. #PHE
List Price: $28,000,000 ($5,600 per ft)
Details: Penthouse E underwent a full remodel by E.B. Min, of Min Design Co. in San Francisco, earning her team a prestigious SF Design Week Award. The spacious layout boasts 4,968 SF of living space spread over the sixth and seventh floors, with a 1,254 SF private rooftop terrace. There are four bedrooms, four-and-a-half bathrooms, a media room, kids’ space and a deeded indoor parking space with electric vehicle charging. This property entered contract after 193 days on the market.

Market Overview:
During this week, 24 properties went under contract, with four properties valued at $10 million or higher. The total sales volume reached $192 million. This week continues the strong performance that the market has shown since the start of 2024.

Notable Contracts:

1. 550 Park Avenue #17E
   Contract Price: $14,950,000
   Occupying the entire top floor of 550 Park Avenue and showcasing unparalleled city and Central Park views, this show-stopping, 4500 sq.ft. masterpiece represents the pinnacle of design meeting form and function. Offering 90’ of Park Avenue frontage and soaring ceilings, this four bedroom, three and a half bathroom corner residence recently underwent a renovation

2. 124 E 70th Street [House]
   Contract Price: $10,750,000
   Occupying the entire top floor of 550 Park Avenue and showcasing unparalleled city and Central Park views, this show-stopping, 4500 sq.ft. masterpiece represents the pinnacle of design meeting form and function. Offering 90’ of Park Avenue frontage and soaring ceilings, this four bedroom, three-and-a-half-bathroom corner residence recently underwent a renovation

3. 72 East 1st Street #PH
   Contract Price: $9,750,000

   Through a cast iron gate and behind a forest green door is an anomaly: the Penthouse and Cottage at 72 East 1st Street. This gut renovated duplex is infused with the sensibility of an English country house, commanding attention through its unobstructed southern and eastern exposures, its obsessive attention to detail, and most notably through its crown: the rooftop’s Cape Cod-style shingled cottage and terrace.

Off Market Listing:

• Location: UES Unreleased New Development

• Details: 14 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.