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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