Market Notebook · Midtown East
What Came to Market in Midtown East This Week
6 new sale listings reached the Midtown East market this week. Homes here typically take about 60 days to reach a signed contract, so this week's arrivals are genuinely fresh.
None of these are my listings. I track new inventory across Midtown East every week because the first read on a building, how a unit prices against its own past sales, is the part a search portal will not assemble for you.
Priced at the Median
1 listing came in within a few percent of the neighborhood median.
135 E 54TH Street #5A, a studio condo, asks $649,000. That is effectively the neighborhood's $649,000 studio condo median. The last studio to close in the building, #14G, sold for $565,000.
Below the Benchmark
1 arrival priced below the neighborhood median.
320 E 42nd Street #718, a 1-bedroom co-op, asks $607,000. It is among the more affordable 1-bedroom co-ops to list this week. The last 1-bedroom to close in the building, #918, sold for $502,000.
Where Size and Light Set the Price
4 listings priced above the median, where square footage, floor, or exposure account for the number.
660 LEXINGTON Avenue #PHD, a 3-bedroom condo, steps from the E and M trains, asks $5,900,000. At 2,132 square feet, it is one of the larger 3-bedroom layouts on the market this week.
660 LEXINGTON Avenue #6A, a 2-bedroom, steps from the E and M trains, is listed at $3,700,000. The 1,479-square-foot floor plan runs generous for a 2-bedroom condo.
660 LEXINGTON Avenue #5B, a 2-bedroom condo, steps from the E and M trains, comes to market at $3,425,000. Space is the draw here, at 1,302 square feet.
660 LEXINGTON Avenue #4C, a 1-bedroom, steps from the E and M trains, asks $1,700,000. At 733 square feet, it is one of the larger 1-bedroom layouts on the market this week.
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Milton Coste, Licensed Real Estate Associate Broker at Keller Williams NYC, has worked across all five boroughs for 25+ years.
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