Biweekly Townhouse Report March 4 - March 17

Posted March 18th, 2018 by Caylyn Sullivan

Manhattan

During the weeks of March 4th - March 17th there were three townhouse sales in Manhattan. The historic Vanderbilt Mansion located at 16 East 69th Street transferred for $39M ($3,220 / ft) a 29% discount from the original asking price of $55M. This is the Upper East Side's largest residential sale so far in 2018. Downtown, two townhouses in the West Village traded 105 West 11th Street for $10,275,000 ($2,717/ ft) and 230 West 10th Street for $8,655,125 ($1,331 /ft). The average sales price was $19.3M ($2,422 / ft). Additionally, seven contracts were signed in Manhattan, the most expensive being the 20' wide, six story townhouse located at 46 East 65th Street which was last asking $14,000,000.

For all Manhattan Sales and Signed Contracts Click Here

Nine townhouse properties hit the market during the last two weeks, the most expensive being former hedge fund manager, Philip Falcone's townhouse at 22 East 67th Street which is asking $39M. Another listing of note is 538 East 11th Street, the 14,000 sq. ft. building home to Bathhouse Studios which is asking $19.95M.


Brooklyn (Heights / Cobble Hill)

During the weeks of March 4th - March 17th there were two signed contracts and one sale in the Brooklyn Heights and Cobble Hill neighborhoods of Brooklyn. The only sale was of the three story townhouse at 34 Hicks Street which traded for $2.877M ($1,562/ ft). The most expensive signed contract was 331 Degraw Street, a 5,500 sq. ft. townhouse which was last asking $6.395M ($1,152 /ft). The 25' wide carriage house located at 20 Verandah Place also received a signed contract.

For all Brooklyn Sales and Signed Contracts Click Here

The only townhouse to come to market in these Brooklyn neighborhoods was the mixed use property at 231 Court Street. The asking price of the property was increased from $3.99M to $5.5M during the building's 10 days on the market.




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