New Listings + Sales of Manhattan lofts in last 7 days

This is my ninth report on the number, price distribution and neighborhood distribution for Manhattan lofts reported as new to the market or as closed sales in the last 7 days.

As usual, for information about how I get this stuff and why I slice it as I do, see methodology for New + Sold in The Last Seven Days. I have addressed irritating things about collecting and parsing “loft” data in past reports, but it still too soon to say how those irritating things impact the validity of this data.

The stats as of Sunday night …

  • there were 22 lofts reported as new to the market in the last 7 days, and 19 reported as sold
  • 10 of the 22 new ones are between $1mm and $2mm, while 5 are from $5.75mm to $6.65mm; 9 of 19 closed sales were between $500k and $2mm
  • 12 of the 22 new loft listings are in new developments (4 at 15 Madison Square North, 3 at Hudson Blue), but only 5 of the 19 closed sales

By price
New = 22
Sold = 19
$500k to $999k
 
3
$1mm to $1.99mm
10
6
$2mm to $2.99mm
4
2
$3mm to $3.99mm
3
4
$4mm to $4.99mm
 
1
$5mm+
5
3

By neighborhood
New = 22
Sold = 19
BatteryParkCity
 
 
Carnegie Hill
 
 
Chelsea
1
3
Chinatown
 
 
Clinton
1
 
EastVillage
2
1
Financial District
 
1
Flatiron
3
2
Gramercy
1
 
Greenwich Village
 
2
Kips Bay
4
 
LittleItaly
 
 
Lower East Side
2
 
Murray Hill
 
1
Midtown West
 
 
SoHo
1
3
Tribeca
1
3
TurtleBay
 
 
Upper East Side
 
 
Upper West Side
 
1
WestVillage
6
2

New loft listings in new developments

40 Bond Street
1
16 West 19 Street (Jade)
1
15 East 26 Street (15 Madison Square North)
4
207 Bowery
2
166 Perry Street
1
423 West Street (Hudson Blue)
3

Sold lofts in new developments

124 West 24 Street
2
40 Bond Street
1
72 Mercer Street
1
163 Charles Street
1

© Sandy Mattingly 2007

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