The StreetEasy Monthly Cheat Sheet looks at the New York City for-sale market over the last four weeks, highlighting a combination of market data, StreetEasy user behavior, and topical trends. This is the report for December 2018.

 $545K 1-Bedroom in Brooklyn Heights

Most popular: The most popular listing last month was a $545,000 1-bedroom co-op in Brooklyn Heights. Located on Willow Street, one of the Heights’ loveliest blocks, the apartment goes heavy on the charm. The large living room features a window seat and stained glass windows. Note the adorable fireplace in the images below.

With monthly maintenance fees of $655, the whole package comes at a decent price. No surprise, then, that the apartment racked up nearly 400 saves last month and entered contract in just 14 days.

$41.5M Penthouse at 432 Park Ave.

Most expensive: The most expensive listing to hit the market in December tells the classic New York City real estate story of what is old becoming new again. Or at least, what was old for for the luxury condo market got new. The 95th-floor penthouse at 432 Park hit the market back in 2016 for $82 million. In the two years since, most of the more affordable units in the building (well, those listed for under $50 million) sold, while PH95 lingered. Last month, however, the developers at 432 Park split the unit in two, PH95A and PH95B. Take a whirl through the gallery below to scope out the interiors of PH95A.

The latter listed for $40.75 million, while the former listed for $41.25 million, eking out the title of most expensive listing of the month. The two units are more or less the same, with 3 bedrooms, 3 bathrooms (with stunning views) and all the luxury amenities you’d expect of  an eight-figure listing. The extra $500,000 buys Central Park views instead of downtown views.

But take note: Only a few days after it was listed, PH95B sold — for $30,191,920, or nearly $10 million below its new asking price. That’s a lot. So if you’re eyeing another premium unit at 432 Park, now might be a good time to throw in an offer.

 $99K 1-Bedroom in Highbridge

Least expensive: The least expensive property to come on the market in December was a 1-bedroom co-op located in the Highbridge section of the Bronx, listed for $99,999. Unlike many of the less-expensive apartments highlighted in the Cheat Sheet, this one is not income-restricted, and the building even accepts buyers with as little as 10 percent down.

After putting $9,999 down, monthly payments on this unit are estimated at $908. That buys 500 square feet of living space, an updated kitchen, and a stacked washer and dryer. The 4 train at 167th Street is just under five minutes away.

Psst! This Brooklyn Heights 2BR Got a Huge Price Cut

Best price cut: This 2-bedroom duplex in Brooklyn Heights is located in a converted church and has a whole lot going for it. With stained glass windows, a loft-like feel and a wood-burning fireplace, it’s got character, style and curb appeal — just take a look at the images below. Yet apparently all that was not enough to garner interest at its initial asking price in this buyer’s market.

The co-op has been on the market since March, when it was listed for $1.75 million. It got a $250,000 price cut three months later, then, in December, another $250,000 was chopped off the price. It’s now listed for $1.25 million. Will the new price be enough for buyers in 2019? We’ll see.

$39.125 Billion

Value of all sales: For December 2018, the total value of all sales listings added up to $39,125,230,300. This marks a substantial increase from the total value of all sales for December 2017, which was $35,960,537,814. And that increase is arguably a reflection of the slowing sales market and the accumulation of inventory over the past 12 months. Only time will tell how the market shakes out in 2019, but if the real estate stories of 2018 were any indication, it’s going to be a crazy year.

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