Max Sherman

✨𝗪𝗘𝗘𝗞𝗟𝗬 𝗟𝗨𝗫𝗨𝗥𝗬 𝗠𝗔𝗥𝗞𝗘𝗧 𝗥𝗘𝗣𝗢𝗥𝗧✨
May 25 - 31

📍 𝗠𝗮𝗻𝗵𝗮𝘁𝘁𝗮𝗻

The Manhattan luxury real estate market, defined as properties priced $5M+, saw 23 contracts signed this week: 16 condos, 5 co-ops, and 2 townhouses. This marks a slight increase from the 22 deals signed the previous week.

𝗞𝗲𝘆 𝗦𝘁𝗮𝘁𝘀:

• Average Asking Price: $8.45M
• Average Discount: 3%
• Median Asking Price: $6.50M
• Total Volume: $194.29M
• Average Days on Market: 115
• Average Price per Sq. Ft.: $2,609

📍 𝗕𝗿𝗼𝗼𝗸𝗹𝘆𝗻

The Brooklyn luxury real estate market, defined as properties priced $2M+, saw 28 contracts signed this week: 13 condos, 3 co-ops, and 12 townhouses. This follows 32 deals signed the previous week.

𝗞𝗲𝘆 𝗦𝘁𝗮𝘁𝘀:

• Average Asking Price: $3.07M
• Average Discount: 1%
• Median Asking Price: $2.67M
• Total Volume: $85.95M
• Average Days on Market: 95
• Average Price per Sq. Ft.: $1,481

What stands out most to you in this week’s luxury market activity?

Reach out to your local real estate expert below 👇🏻

𝐌𝐚𝐱 𝐒𝐡𝐞𝐫𝐦𝐚𝐧
📧 𝐦𝐚𝐱𝐬𝐡𝐞𝐫𝐦𝐚𝐧@𝐜𝐨𝐦𝐩𝐚𝐬𝐬.𝐜𝐨𝐦
📱 +𝟏 (𝟔𝟒𝟔) 𝟖𝟐𝟒-𝟗𝟑𝟎𝟏
💻 𝐬𝐡𝐞𝐫𝐦𝐚𝐧𝟐𝐦𝐚𝐱.𝐜𝐨𝐦

✨𝗪𝗘𝗘𝗞𝗟𝗬 𝗟𝗨𝗫𝗨𝗥𝗬 𝗠𝗔𝗥𝗞𝗘𝗧 𝗥𝗘𝗣𝗢𝗥𝗧✨
May 18 - 24

📍 𝗠𝗮𝗻𝗵𝗮𝘁𝘁𝗮𝗻

The Manhattan luxury real estate market, defined as properties priced $5M+, saw 22 contracts signed this week: 17 condos and 5 co-ops. This is an increase from the 20 deals signed the previous week.

𝗞𝗲𝘆 𝗦𝘁𝗮𝘁𝘀:

• Average Asking Price: $8.94M
• Average Discount: 0%
• Median Asking Price: $7.72M
• Total Volume: $196.88M
• Average Days on Market: 87
• Average Price per Sq. Ft.: $2,766

📍 𝗕𝗿𝗼𝗼𝗸𝗹𝘆𝗻

The Brooklyn luxury real estate market, defined as properties priced $2M+, saw 32 contracts signed this week: 20 condos, 1 co-op, and 11 townhouses. This is an increase from the 25 deals signed the previous week.

𝗞𝗲𝘆 𝗦𝘁𝗮𝘁𝘀:

• Average Asking Price: $3.02M
• Average Discount: 0%
• Median Asking Price: $2.78M
• Total Volume: $96.87M
• Average Days on Market: 46
• Average Price per Sq. Ft.: $1,521

I believe buyers are still moving quickly for well-positioned luxury inventory, especially as both Manhattan and Brooklyn continue seeing properties trade with little to no discounting.

Which NYC neighborhood would you invest in right now?

Reach out to your local real estate expert below 👇🏻

𝐌𝐚𝐱 𝐒𝐡𝐞𝐫𝐦𝐚𝐧
📧 𝐦𝐚𝐱𝐬𝐡𝐞𝐫𝐦𝐚𝐧@𝐜𝐨𝐦𝐩𝐚𝐬𝐬.𝐜𝐨𝗺
📱 +𝟏 (𝟔𝟒𝟔) 𝟖𝟐𝟒-𝟗𝟑𝟎𝟏
💻 𝐬𝐡𝐞𝐫𝐦𝐚𝐧𝟐𝐦𝐚𝐱.𝐜𝐨𝗺

✨🔑 𝐒𝐎𝐋𝐃

📍 𝟑𝟓 𝐒𝐮𝐭𝐭𝐨𝐧 𝐏𝐥, 𝟏𝟎𝐅
𝐒𝐮𝐭𝐭𝐨𝐧 𝐏𝐥𝐚𝐜𝐞, 𝐍𝐘 𝟏𝟎𝟎𝟐𝟐

𝟑 𝐁𝐞𝐝𝐬 | 𝟑 𝐁𝐚𝐭𝐡𝐬 | 𝟏,𝟔𝟎𝟎+ 𝐒𝐅

Renovated floor-through residence in Sutton Place with breathtaking East River and Manhattan skyline views, oversized windows, wide-plank oak floors, and a flexible three-bedroom layout designed for modern luxury living. ✨

The home featured a grand living and dining area, custom built-ins, a windowed chef’s kitchen with Sub-Zero appliances, professional-grade stove, built-in washer/dryer, and beautifully renovated bathrooms in one of Manhattan’s most distinguished white-glove cooperatives.

Another successful closing in the books. So happy for my clients who made a major relocation and trusted me to manage every step of the process from A-Z. Despite unexpected setbacks along the way, we achieved one of the highest sale prices in the building. Strategic ex*****on, persistence, and results always win. Congratulations to my amazing clients on this exciting new chapter.

𝐌𝐚𝐱 𝐒𝐡𝐞𝐫𝐦𝐚𝐧
📧 𝐦𝐚𝐱𝐬𝐡𝐞𝐫𝐦𝐚𝐧@𝐜𝐨𝐦𝐩𝐚𝐬𝐬.𝐜𝐨𝐦
📱 +𝟏 (𝟔𝟒𝟔) 𝟖𝟐𝟒-𝟗𝟑𝟎𝟏
💻 𝐬𝐡𝐞𝐫𝐦𝐚𝐧𝟐𝐦𝐚𝐱.𝐜𝐨𝐦