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Manhattan Loft Guy

Jan. 18, 2009 - new Manhattan loft listings + closed sales in last 7 days

 
This is the sixty-fourth Manhattan Loft Guy 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 19 Manhattan lofts reported as new to the market in the last 7 days and only 12 as sold, a slow week for closings
  • 12 of the 19 new ones are offered between $1mm and $3mm, while 9 of the 12 closed sales were below $3mm
  • only one of the new 19 loft listings is in new development, while 7 of the 12 closed sales are in new development

    By price
    New = 19
    Sold = 12
    $500k to $999k
    5 2
    $1mm to $1.99mm
    7 5
    $2mm to $2.99mm
    5 2
    $3mm to $3.99mm
    1  
    $4mm to $4.99mm
      1
    $5mm+
    1 2

    By neighborhood
    New = 19
    Sold = 12
    Battery Park City
       
    Chelsea
    4 3
    Clinton
       
    East Village
       
    Financial District
    1  
    Flatiron
    1 4
    Gramercy
    1  
    Greenwich Village
    2 1
    Kips Bay
      2
    Little Italy
       
    Lower East Side
       
    Morningside Heights    
    Murray Hill
    4  
    Midtown East
       
    Midtown West    
    SoHo
    4  
    Sutton Place    
    Tribeca
    1 1
    Turtle Bay
    1  
    Upper East Side
       
    Upper West Side
      1
    West Village
      1

  •  
  • New loft listings in new developments
  • 447 West 18 Street (Chelsea Modern) 1
     

  •  
  • Sold lofts in new developments 

    420 West 25 Street (Loft 25) 1
    140 West 22 Street (The Clement Moore) 2
    15 East 26 Street (15 Madison Square North) 2
    101 Warren Street 1
    243 West 60 Street (Adagio 60) 1

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





© Sandy Mattingly 2009

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Sandy Mattingly is Manhattan Loft Guy; now with The Corcoran Group, he can be reached most easily at Sandy@ManhattanLoftGuy.com or 917.902.2491. Since March 2006, this blog has addressed matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others interested in New York City real estate.

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