Contracts Rebound but Face Resistance from the Holiday Season

The Market Report

Highest Price Listing: 10 East 75th Street
List Price: $23,500,000
Specifications: 10,000 square-foot mansion near Fifth Avenue, featuring a renovated interior and limestone facade. The property is 20 feet wide and entered contract after sixty-five days on the market.

Market Overview:
During this week, 18 properties went under contract, with three properties valued over $10 million. The total sales volume reached $150 million.

Notable Contracts:

  1. 993 Fifth Avenue #PH
    Contract Price: $19,950,000
    Penthouse offering views of the Metropolitan Museum of Art and Central Park, spanning 5,500 square feet with a 53-foot wide outdoor space. It entered contract after 129 days.

  2. 378 West End Avenue #7B
    Contract Price: $9,450,000
    A new condo in the Upper West Side, which entered contract in 31 days.

  3. 160 Leroy Street #7CN
    Contract Price: $4,750,000
    A two-bedroom property that entered contract after being listed for over two years.

Off Market Listing:

  • Location: Upper East Side

  • Details: 3 Bedroom residence with private outdoor space

  • Rental Price: Approximately $25,000 per month

  • 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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December ‘23 is becoming a Mirror of December ‘22

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Thanksgiving Slowed the Market to Half