New Listings + Sales of Manhattan lofts in last 7 days
This is my fourteenth 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. Pretty slow start to the new year (it was a short week), but some high-end stuff leads the new-to-market.
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. (One of the closed “loft” sales this week [at 39 Gramercy Park North, a 1950s rental conversion] is definitely not a ‘loft’, but they called it a loft so it goes in the books as one.)The stats as of Sunday night …
- there were 22 lofts reported as new to the market in the last 7 days and only 16 as sold
- 15 of the 22 new ones are offered below $3mm, while 15 of the 16 closed sales were offered below $3mm
- only 1 of the 22 new loft listings is in new development (Flowerbox), and only 3 of the 16 closed sales
By price
|
New = 22
|
Sold = 16
|
$500k to $999k
|
4
|
3
|
$1mm to $1.99mm
|
4
|
8
|
$2mm to $2.99mm
|
7
|
4
|
$3mm to $3.99mm
|
3
|
1
|
$4mm to $4.99mm
|
1
|
|
$5mm+
|
3
|
|
By neighborhood
|
New = 22
|
Sold = 16
|
BatteryParkCity
|
1
|
|
Chelsea
|
2
|
2
|
Clinton
|
1
|
1
|
EastVillage
|
3
|
1
|
Financial District
|
2
|
2
|
Flatiron
|
2
|
|
Gramercy
|
|
|
Greenwich Village
|
3
|
2
|
Kips Bay
|
|
|
Little Italy
|
|
|
Lower East Side
|
|
1
|
Murray Hill
|
|
1
|
Midtown West
|
1
|
|
SoHo
|
1
|
|
Tribeca
|
4
|
5
|
TurtleBay
|
|
|
Upper East Side
|
1
|
|
Upper West Side
|
|
|
WestVillage
|
1
|
1
|
New loft listings in new developments
259 East 7 Street (Flowerbox)
|
1
|
Sold lofts in new developments
112 East 36 Street (Morgan Lofts)
|
1
|
146 Chambers Street
|
1
|
137 Duane Street
|
1
|
© Sandy Mattingly 2008
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