The Manhattan luxury real estate market demonstrated resilience in the third week of September, with 21 properties selling for a combined $144,474,000. This marked a notable increase from the previous week, underscoring buyer confidence in New York’s premier neighborhoods.
The majority of sales were luxury condominiums, reflecting a strong preference for modern amenities, turnkey living, and prime locations. Leading the week’s sales was a striking condo at 70 Vestry Street in Tribeca, closing at an impressive $22.5 million. This four-bedroom residence, complete with world-class amenities and captivating views, was on the market for only 19 days.
Also commanding attention was a townhome at 80 Horatio Street in the West Village, which sold between $10 million and $12 million after just nine days on the market, significantly above its $9 million list price. Its historic charm, prime address, and private outdoor space contributed to the rapid sale.
Rounding out the top three was a prewar condo at 495 West End Avenue, closing at $8,995,000 after 17 days. Offering five bedrooms, refined finishes, and premium amenities, the property appealed to buyers seeking timeless elegance in a highly desirable location.
Despite ongoing discussions surrounding political and economic changes, Manhattan’s luxury market continues to attract both domestic and international buyers. The trend reveals a consistent appetite for high-end condos and townhomes, positioning New York City as a global hub for luxury real estate investment.
Whether you are considering selling a property or exploring opportunities to buy in Philadelphia, the Main Line, or the Jersey Shore, our team provides white-glove service tailored to your needs. Contact Sean Elstone today for a private consultation and discover how we can help you achieve your real estate goals.
