August 2, 2022
The second quarter of 2022 is expected to be Manhattan’s strongest on record due to a surge in the borough’s ultraluxury market, according to a market report from CityRealty. While transaction volume decreased 11 percent year-over-year, an increased demand, low inventory, and a small number of new residential developments have caused prices to rise. Between April and June, the average sales price for a residential unit in Manhattan was $2.19 million, up 9 percent from its $2 million average in Q2 of 2021. Ahead, find a round-up of the top 10 residential buildings by aggregate sales in Manhattan during the second quarter of 2022.
1045 Madison Avenue
Located on the Upper East Side, this building is Naftali Group’s first UES condominium and stands out from the area’s majority of prewar properties. All of the building’s 15 residences feature grand ceilings, oversized windows, spacious master suites, and access to a variety of luxury amenities including a state-of-the-art fitness center, library, and landscaped garden. The Benson also includes a jewel box lobby and private cinema room that was designed by Italian designer and architect Achille Salvagni. The Benson’s aggregate sales for Q2 of 2022 were $85,376,250, with a total of 4 units sold at an average price of $21,344,063.