Holiday Season Slows Pace in the Luxury Market

The Market Report

Highest Price Listing: 1 North Moore Street #PH
List Price: $20,000,000 ($3,636 per sf)
Details: Spread over 5,500 sq.ft. with an additional 2,050 sq.ft. of outdoor space, including a rooftop pool, no expense was spared on the fixtures and finishes in this exceptional three-bedroom, three-bathroom, plus two powder rooms home.

Market Overview:
During this week, 11 properties went under contract, with two properties valued over $10 million. The total sales volume reached $83 million.

Notable Contracts:

  1. 955 Fifth Avenue #8
    Contract Price: $13,800,000
    The second most expensive contract of the week is a full-floor Fifth Avenue residence perched above the trees of Central Park, boasting 60' of frontal Central Park views. This residence features five bedrooms and six and a half bathrooms. 955 Fifth was designed by Rosario Candela.

  2. 284 Lafayette St #5A
    Contract Price: $4,595,000
    2,500 sq. ft. loft featuring 10’2’’ ceilings, 8 large windows facing east over Lafayette Street, stunning original details including restored cast iron columns and an impressive 50 feet of width. This residence entered contract after 45 days on the market.

  3. 142 E 71st Street #PH
    Contract Price: $4,500,000
    142 East 71st Street, Penthouse is being offered by its original owner. This unique PH features a massive wrap-around balcony.

Off Market Listing:

  • Location: Midtown, Billionaires Row

  • Details: Penthouse 5 Beds

  • Asking Price: $75 Million

  • 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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The Luxury Market Shows Exceptional Contracts in the First Week Post-Holidays

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Four Deals over $10 Million Shows Strength to Close the Year