new Manhattan loft listings + closed sales in last 7 days


This is my fiftieth 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
.

The stats as of Sunday night:


  • there were 39 Manhattan lofts reported as new to the market in the last 7 days and only 16 as sold — nearly all of the action in resales
  • 31 of the 39 new ones are offered below $3mm, while 9 of the 16 closed sales were below $2mm
  • only 1 of the 39 new loft listings is in new development, and only 1 of the 16 closed sales is in new development

    By price
    New = 39
    Sold = 16
    $500k to $999k
    8 3
    $1mm to $1.99mm
    14 6
    $2mm to $2.99mm
    9 2
    $3mm to $3.99mm
    5 3
    $4mm to $4.99mm
       
    $5mm+
    3 2

     
    By neighborhood
    New = 39
    Sold = 16
    Battery Park City
       
    Chelsea
    5 1
    Clinton
       
    East Village
       
    Financial District
    2 1
    Flatiron
    2 1
    Gramercy
    2 3
    Greenwich Village
    6 3
    Kips Bay
    1  
    Little Italy
       
    Lower East Side
      2
    Morningside Heights    
    Murray Hill
    3  
    Midtown East
       
    Midtown West 1  
    SoHo
    3 1
    Tribeca
    4 3
    Turtle Bay
    1  
    Upper East Side
    2  
    Upper West Side
    1 1
    West Village
    6  

  •  

  • New loft listings in new developments
  • 1 York Street (One York) 1
     


  •  

  • Sold lofts in new developments 


    75 Ludlow Street (Ludlow Lofts) 2


    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. For my most recent rant about how soft this data may be, see
    loft or not? caution: active ranting ahead.






© Sandy Mattingly 2008


 

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