Luxury Sales Continue to Slow…
The Market Report
This week's highest-priced contract is 500 West 18th Street #W27B, listed at $14,005,000. This newly developed 3,131 sq. ft. condo has 3 bedrooms, 3.5 baths, and offers direct views of the Hudson River. One Highline has continued to show strong activity throughout the recent weeks.
This week, 8 properties went under contract, with just one exceeding $10MM. Sales volume dropped by $20MM from last week, while the average sales price saw a $1MM increase.
Some notable deals:
1295 Madison Avenue #8A - $8,995,000
Residence 8A, a bright, spacious 2,936 sq. ft. corner home with 4 bedrooms and 4.5 baths plus a library, is available for immediate occupancy. Sales for this new development began in December 2021.
500 West 18th Street #W27D - $6,515,000
One of two residences in this building entered contract this week, potentially combining with the neighboring unit that also sold.
181 E 65th Street #18B- $5,995,000
A rare 3 bed 3 bath residence at the Chatham. The unit features a gorgeous outdoor space.
Off Market Weekly
TriBeCa PH, multiple exposures, outdoor space, double height ceilings.
Asking Approx. $12MM