Two Deals over $20MM, but the rest stay under $14MM.

The Market Report

The most expensive contract of the week is 129 E 73rd Street. The seven-bedroom townhouse entered contract asking $27,500,000 after only 82 days on the market. The house is 22’ wide and spans 12,000 sf. The residence is fully finished and has incredible neo-Italian features.

This week 23 properties entered contract, showing continued market activity in the luxury segment. Sales volume has staid consistent through the last three weeks with approx. $185MM worth of deals.

Some notable deals:

• 740 Park Avenue #PH17/18D- $25,000,000

  • 740 Park Avenue is one of the most notable addresses on the UES. This particular unit has been on the market for about 4 years and has just entered contract. I would like to see what the discount is when the unit closes.

• 164 E 70th Street- $13,650,000

  • This fully finished townhouse entered contract after 136 days on the market. The house is fully finished, and is located on one of the best TH streets of the UES. The market is showing that if you have a renovated townhouse on a great block- you will sell quickly.

• 100 Claremont Avenue- $4,995,000

  • This is a newly developed building in Morningside Heights. They continue to set price records with their units.

#PHE at 443 Greenwich Street is now on the market. This 5,000 SF loft-style apartment is located in one of the most prestigious addresses downtown.

• Asking Price: $32,500,000

• Taxes: $11,694 | CC: $9,333

• 3 Beds | 4 Baths | 5,000 sf