New Listings + Sales of Manhattan lofts in last 7 days
This is my seventh 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. Can’t say there was a lot of pent-up activity from the short holiday week, but there were 32 new loft listings for sale.
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 here’s another thing that messes with my data: what some people classify as a “loft” are not what I call a “loft”, such as the oxymoronic “brownstone loft” I hit last week. Sigh.The stats as of Sunday night …
- there were 32 lofts reported as new to the market in the last 7 days, and also 16 reported as sold
- the prices of the 32 new ones are almost evenly split, and hit all dollar ranges included; 12 of 16 closed sales were under $2mm
- 17 of the 32 new loft listings are in new developments (5 each at 15 Madison Square North and at Jasper), and 7 of the 16 closed sales (5 at 124 West 24 Street)
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By price
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New = 32
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Sold = 16
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$500k to $999k
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8
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3
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$1mm to $1.99mm
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6
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9
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$2mm to $2.99mm
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7
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2
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$3mm to $3.99mm
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5
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$4mm to $4.99mm
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2
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1
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$5mm+
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4
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1
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By neighborhood
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New = 32
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Sold = 16
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BatteryParkCity
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Carnegie Hill
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Chelsea
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5
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Chinatown
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2
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Clinton
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2
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EastVillage
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2
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Financial District
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3
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Flatiron
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Gramercy
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1
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Greenwich Village
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2
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2
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Kips Bay
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10
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LittleItaly
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Lower East Side
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Murray Hill
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1
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Midtown West
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1
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SoHo
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1
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3
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Tribeca
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7
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3
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TurtleBay
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1
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Upper East Side
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1
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Upper West Side
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WestVillage
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1
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New loft listings in new developments
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136Baxter Street (Machinery Exchange)
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2
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60 Ann Street (The District)
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2
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15 East 26 Street (15 Madison Square North)
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5
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114 East 32 Street (Jasper)
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5
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47 Murray Street
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2
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250 East 49 Street
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1
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Sold lofts in new developments
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124 West 24 Street
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5
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40 Bond Street
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1
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40 Mercer Street
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1
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© Sandy Mattingly 2007
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