[NY Luxury Market Report: 10/12 – 10/18/2020]

[NY Luxury Market Report: 10/12 – 10/18/2020]

  • Maggie Huang
  • 10/19/20
Last week, fourteen contracts were signed at $4 million and above.
 
The No. 1 contract was Unit 2 at 24 Leonard Street, asking $19.995 million. The condo has 4,859 square feet, and includes 5 bedrooms and 5.5 bathrooms. The 46’ x 32’ great room, a 40-foot kitchen, and a large master bedroom all open onto a breathtaking landscaped garden, which has 4,300 square feet and features an outdoor kitchen and small pool. Designed by BKSK Architects, the amenities in this 7-unit condo building include a doorman and gym. A parking space also comes with the apartment.
 
The No. 2 contract was 2G at 443 Greenwich Street, asking $8.495 million. This condo has 3,022 square feet, and includes 3 bedrooms, 3.5 bathrooms, and a 42-foot great room. Built in 1880s, 443 Greenwich Street is a former factory which was converted into a 53-unit condo, and retained some of the original details, like large windows and huge shutters. The amenities include a lap pool, fitness center, garage with valet parking, a landscaped courtyard, and a roof deck.
 
Over the previous weeks, the number of contracts that were being signed had been consistent, which reinforces the activities and energy in the market. Since the middle of March, Downtown properties have scored the number one spots in 17 of the 31 pandemic weeks. Most of the top properties were bought by New Yorkers, which underscores the resiliency of this city and its market.

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