New Listings + Sales of Manhattan lofts in last 7 days
This is my twelfth 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 only 12 lofts reported as new to the market in the last 7 days, and 17 as sold
- 9 of the 12 new ones are offered above $3mm (3 over $5mm); while 15 of the 17 closed sales were below $3mm
- 3 of the 12 new loft listings are in new development, and only 2 of the 17 closed sales
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By price
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New = 12
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Sold = 17
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$500k to $999k
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4
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$1mm to $1.99mm
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2
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6
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$2mm to $2.99mm
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1
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5
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$3mm to $3.99mm
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4
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2
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$4mm to $4.99mm
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2
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$5mm+
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3
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By neighborhood
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New =
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Sold =
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BatteryParkCity
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Chelsea
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Clinton
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1
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EastVillage
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1
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Financial District
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1
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2
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Flatiron
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2
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Gramercy
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2
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Greenwich Village
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1
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2
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Kips Bay
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Little Italy
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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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3
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3
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Tribeca
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4
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3
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TurtleBay
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Upper East Side
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Upper West Side
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1
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1
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WestVillage
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New loft listings in new developments
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25 Broad Street (The Exchange)
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1
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243 West 60 Street
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1
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47 Murray Street
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1
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Sold lofts in new developments
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146 Chambers Street
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1
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127 Madison Avenue
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1
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© Sandy Mattingly 2008
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