New Listings + Sales of Manhattan lofts in last 7 days

This is my eighth 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.

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 30 lofts reported as new to the market in the last 7 days, and 15 reported as sold
  • 18 of the 30 new ones are under $2mm; 11 of 15 closed sales were between $1mm and $3mm
  • only 5 of the 30 new loft listings are in new developments (3 at 243 West 60 Street), and only 3 of the 15 closed sales

By price
New = 30
Sold = 15
$500k to $999k
9
1
$1mm to $1.99mm
9
4
$2mm to $2.99mm
4
7
$3mm to $3.99mm
4
1
$4mm to $4.99mm
1
$5mm+
3
2

By neighborhood
New = 30
Sold = 15
BatteryParkCity
Carnegie Hill
Chelsea
3
Chinatown
Clinton
4
EastVillage
3
Financial District
1
Flatiron
2
3
Gramercy
3
1
Greenwich Village
1
1
Kips Bay
1
LittleItaly
Lower East Side
1
Murray Hill
2
Midtown West
SoHo
4
Tribeca
5
1
TurtleBay
2
Upper East Side
1
Upper West Side
3
WestVillage
3

New loft listings in new developments

420 West 25 Street (Loft 25)
1
8-10 Warren Street
1
243 West 60 Street
3

Sold lofts in new developments

15 West 17 Street
1
139 Wooster Street
2
50 Pine Street
1

© Sandy Mattingly 2007

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