Townhouse prices in the East 70's
Over the past year, sales prices in the East 70s were among the highest in the Upper East Side. With seven sales over $20 million dollars and six of those properties selling for over $3,000 per square foot, 2014 was by far the strongest year for sales in this neighborhood’s history.
To no surprise, two of the $20 million plus sales took place on the beautiful residential block of 70th Street between Park and Lexington Avenues. The year started off with the sale of 115 East 70th for $51 million, and drew to a close with the sale of 116 East 70th Street for $31 million. Both were renovated single family homes.
Looking at the East 70’s sales as a whole, the average sales price during 2014 was $18.8 million while the average price per square foot was $2,214. The most expensive sale that took place was the sale mentioned above at 115 East 70th Street while the least expensive sale was at 339 East 75th Street, a mixed-use property that sold for $4,700,000.
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