The StreetEasy Monthly Cheat Sheet is a recurring feature that 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 January 2018.

$40M Duplex Penthouse in Midtown

Most Expensive: With stupendous views, insane square footage, and over-the-top opulence in every last detail, this 5-bedroom, 5-bathroom penthouse in Midtown was the most expensive listing to hit the market in January. Listed for $39.995 million, the property sits at the top of Baccarat Hotel and Residences at 20 W. 53rd St. and spans two levels, sprawling to an incredible 7,381 square feet. That figure does not even include the 550-square-foot outdoor “loggia” where, as the listing description explains, “one can float over NYC while dining al fresco.”

The interiors here put the typical luxury features and finishes to shame. Forget that chintzy Carrara marble. Here we’re talking Siberian polished marble, ebonized-walnut and nickel cabinetry, and a freestanding soaking tub. If the level of luxury at this jewel box in the sky isn’t high enough, the building has some bonkers amenities, including access to the hotel’s private La Mer spa, marble-clad swimming pool, and Baccarat Bar.

$58K Co-op in East Tremont

Least Expensive: We often see the least expensive NYC properties hitting the low six-figures — very rarely do apartments come on the market for anything less. Here, however, is a great opportunity for a qualified buyer. Located at 803 E. 182nd St. in the East Tremont section of the Bronx, this 1-bedroom is asking just $58,000.

The co-op is listed as an HFDC sale, which means it does have income restrictions. If you earn between $76,200 and $97,920, though, you’re in luck. The 750-square-foot apartment is in “turn-key” shape, according to the listing description, and offers a lot of light. That amount of space might not sound like much compared to the penthouse at the Baccarat Hotel, but with a price per square foot of $77, it’s hard to complain.

$899K 3BR in Park Slope

Most Popular: One look at the price, location, and bedroom count, and you’ll get why this 3-bedroom co-op at 411 15th St. in Park Slope was the most popular listing to hit the market in January. The property was listed early, on Jan. 2, and over the course of the month racked up nearly 350 saves by StreetEasy users.

Dig in, and the listing’s appeal becomes all the more apparent. In addition to the great price, this property has undeniable Brooklyn charm. Exposed brick walls,  raw beams, polished bamboo floors and stainless-steel appliances help create a light and airy aesthetic. The renovation hits the perfect balance of prewar detail and modern convenience. The washer and dryer in-unit and the fantastic location — literally feet from Prospect Park — help seal the deal for aspiring Brooklyn buyers.

Psst… This Ditmas Park House Got the Biggest Price Cut

Biggest Price Cut: This rambling 9-bedroom home received an incredible 26 percent price reduction on Jan. 29, making it the listing with the biggest price cut last month. The discount means a savings of $675,000.

The property was first listed for $3,850,000 in June, only to receive a series of sizable price cuts, first in July, for 25 percent, and then again in October, for another 11 percent. Now listed at $1,900,000, the property is clearly positioned for a sale.

 

It should go without saying that this is a unique property, and it doesn’t look like there are too many skeletons in its closets. Located in historic Ditmas Park, the enormous, 21-room house sits on the corner of East 17th Street and Dorchester Road, and offers an expansive wraparound porch, a ton of outdoor space, and some incredible period details. Parquet floors, chandeliers, three fireplaces and inlaid mantles are just the obvious ones. The eat-in kitchen, two-car garage and laundry room, while not exactly period details, do up the home’s status as an NYC anomaly.

And in case you thought this home might be on a different planet, you’ll be happy to know that it’s just around the corner from the B and Q stop on Cortelyou Road.

$37.133 Billion

Value of all sales: For January 2018, the total value of all sales listings added up to $37,133,319,498. This is an ever-so-slight increase over the total value of all sales for December, which was $37.107 billion. Although the uptick in prices is small, it’s the first time in several months that we are recording a growing value of sales, perhaps an indication that the fourth-quarter slump is ending and that sellers are gearing up for the home-shopping season.

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