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New Listings + Sales of Manhattan lofts in last 7 days

Sandy MattinglyPosted on Posted in market data reports — No Comments ↓

This is my thirteenth 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 46 lofts reported as new to the market in the last 7 days (happy new year, indeed!), and only 8 as sold

  • 26 of the 46 new ones are offered below $2mm (and 7 over $5mm); while the 8 closed sales were spread around

  • only 7 of the 46 new loft listings are in new development, and only 2 of the 8 closed sales (Altair)

By price
New = 46
Sold = 8
$500k to $999k
11
 
$1mm to $1.99mm
15
3
$2mm to $2.99mm
7
1
$3mm to $3.99mm
4
1
$4mm to $4.99mm
2
2
$5mm+
7
1
 

By neighborhood
New = 46
Sold = 8
BatteryParkCity
 
 
Chelsea
5
3
Clinton
 
 
EastVillage
2
1
Financial District
4
 
Flatiron
3
 
Gramercy
3
1
Greenwich Village
1
1
Kips Bay
2
 
Little Italy
 
 
Lower East Side
 
 
Murray Hill
2
 
Midtown West
 
 
SoHo
2
1
Tribeca
10
1
TurtleBay
4
 
Upper East Side
3
 
Upper West Side
1
 
WestVillage
4
 

New loft listings in new developments

60 Ann Street (District)
2
15 East 26 Street (15 Madison Sq No)
1
143 Reade Street (Artisan Lofts)
1
25 Murray Street (Tribeca Space)
1
250 East 49 Street
2

Sold lofts in new developments

32 West 18 Street (Altair)
2

© Sandy Mattingly 2008

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