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 April  2018.

$40M Duplex Penthouse in Soho

Most expensive: The most expensive listing to hit the market in April is a $40,000,000 penthouse at 565 Broome St. Although the building is still under construction, it promises to live up to expectations (and its price tag) with a super-trendy location and a slew of luxury amenities. It was even designed by starchitect Renzo Piano.

The layout is generous, with 4 bedrooms and 4 bathrooms spread across two floors and 6,665 square feet. In case that isn’t enough, there’s an additional 2,500 square feet of roof deck. Rising 30 stories above the corner of Broome and Varick, 565 Broome will be the tallest building in SoHo, which means huge panoramas from just about every room in this penthouse. You can also enjoy them from the roof deck’s 20-foot private pool.

$49.9K 1-Bedroom in East Tremont

Least expensive: The least expensive property to come on the market in April is a spacious 1-bedroom at 463 E. 178th St. in the East Tremont section of the Bronx.

Listed for $49,900, and measuring 800 square feet, the co-op has a price per square foot of $62 — impressively low for New York City standards, where the city average is $990. (In case you’re wondering, the price per square foot of the penthouse listing above is $6,011.)

While the price can’t be beat, that’s partly because this is an income-restricted HDFC unit, meaning only qualified buyers may purchase it. The building is accepting cash offers only, which further limits the pool of potential buyers and may indicate a financially distressed property and/or one for which banks won’t give a loan.

The unit itself could use some love, but the bones suggest potential. With a washing machine in-unit and a fair amount of living space, a buyer with $50K in cash and a little more for renovations could make this affordable find into a simple, comfortable home.

$950K Townhouse in Bed-Stuy

Most popular: The most popular listing to hit the market last month was a $950,000, 3-bedroom townhouse at 264 Bainbridge St. in Bed-Stuy. The listing hit the market in the middle of April, and in just over two weeks racked up nearly 500 saves. There’s no surprise why. This sweet little two-story townhouse mixes thoughtful design, historic charm and all the fixings of a comfy family home — for under $1 million.

The home’s exposed beams and brick, decorative mantlepiece, and clawfoot tub achieve a casual, country aesthetic. To make sure things don’t get too rustic, a recent reno has added European kitchen appliances, gleaming subway tiles in the bathroom, and elegant light fixtures throughout. A patch of backyard and a self-contained suite on the ground floor complete this nearly perfect Brooklyn townhouse.

Psst! This Brooklyn Duplex Got the Biggest Price Cut

Biggest price cut: What happens when a multimillion-dollar listing has been on the market for over 700 days? It gets a massive price cut. Case in point: this 4-bedroom, 3-bathroom condo at the Pierhouse at Brooklyn Bridge Park. After getting a nearly 15 percent price cut (a reduction of $1.04 million), the place is now listed for $5.95 million. And that April reduction was only the latest — there’s been a lot chopped off the the original asking price of $7.9M.

The property is looking as luxe as ever. In addition to the gorgeous fixtures and finishes, the condo offers knockout views of the New York City skyline, the harbor and the Statue of Liberty. Check out the photo gallery below for a tour.

$42.591 Billion

Value of all sales: For April 2018, the total value of all sales listings added up to $42,591,670,461. This is a big jump over the total value of all sales for March, which was $40,240,645,854. The steady increase continues the growth in total sales value since the start of the year — a clear indication that we’ve entered the spring home-shopping season.
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