Luxury Market Update for Properties priced at $4M+ in Manhattan - January 27- February 2, 2025

🌟Luxury Market Update🌟: 22 contracts were signed for properties priced at $4M+ in Manhattan - 8 more than the previous week. Year to date, a total of 104 contracts have been signed at this price level, aligning precisely with last year’s performance. However, 2022 remains the peak year with 142 contracts signed during the same period.

🥇The #1 signed contract was Residence 91W at 217 West 57th Street, listed at $18,025,000—a reduction from its original $18,930,000 when the condominium was first introduced to the market in 2016. This 3,073 sq ft home features three bedrooms, 3.5 bathrooms, and an expansive living and dining space overlooking Central Park. Situated in Central Park Tower, the world’s tallest residential building, the residence offers access to an impressive array of amenities, including a fitness center, multiple pools, a ballroom, a cigar lounge, and fine dining facilities.

🥈The #2 signed contract was Residence 8901 at 35 Hudson Yards, listed at $15,100,000, significantly reduced from its original $28,500,000 in 2019. This 4,621 sq ft home offers 5 bedrooms, 5.5 bathrooms, nearly 15-ft ceilings and sweeping views of the Hudson River and cityscape. Building amenities include a doorman, fitness center, yoga studio, golf simulator, screening room, dining facilities, and a lounge with a terrace.

I’m pleased to serve as your resource for NYC real estate anytime!

Source: Olshan Report

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Видео Luxury Market Update for Properties priced at $4M+ in Manhattan - January 27- February 2, 2025 канала Elena Sarkissian