09/19/2022
𝐋𝐮𝐱𝐮𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 📈
September 12-18, 2022
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20 residential contracts were signed at $4 million and above in Manhattan in the last 7 days. There contracts signed on 12 Condos, 4 Co-ops, and 3 townhouses with one condop in the mix.
Year-to-date the luxury market has been averaging 7% negotiability from the original asking price to the last asking price before a property goes to contract.
4 Co-ops -
average ask $9.347.250
12 Condos -
average ask $9,564,917
3 Townhouses -
average ask $11,996,667
1 Condop -
average ask $4,950,000
The No. 1 contract was PH90 at 35 Hudson Yards, asking $49 million, reduced from $59 million when the building started marketing in 2019. It is one of the top 10 contracts of the year. The sponsor unit has 10,171 square feet including 5 bedrooms and 8.5 bathrooms.
The No. 2 contract was a townhouse at 137 West 13th Street, asking $23.5 million, reduced from $25 million when it was listed in June. The 21-foot-wide townhouse has 7,386 square feet with 5 bedrooms, 6 bathrooms, 2 powder rooms, 4 fireplaces, 4 terraces, a garden, and an elevator.
IF YOU HAVE ANY QUESTIONS ABOUT THESE REPORTS OR HOW TO PRICE YOUR
NYC APARTMENT GIVE ME A CALL OR EMAIL ME AT
[email protected]
𝐆𝐨𝐫𝐝𝐨𝐧 𝐕𝐨𝐧 𝐁𝐫𝐨𝐨𝐜𝐤 | 𝐍𝐨𝐛𝐥𝐞 𝐁𝐥𝐚𝐜𝐤 𝐓𝐞𝐚𝐦