Manhattan Residential Apartment Sales | July 5 - 11, 2026

Post-Independence Day, the Manhattan apartment market had a very strong sales week with closings totaling $635 million, with an average price of about $1.92 million and a median of $1.22 million. The top of the market carried a huge share of activity with 37 closings above $3.9 million, totaling $253 million, or nearly 40% of the week’s total volume. The biggest reported sale was The Surrey Residences #15AB at $25.745 million, followed by major closings at The MacDougal Lofts, 40 Mercer, The Henry, and One High Line.

The Manhattan residential market continues to grow more challenging to entry-level buyers. Only 43 of 330 sales closed below $500,000, and 38 of those were co-ops where buyers likely had to endure getting past co-op boards. Even below $1 million, the market was heavily co-op-driven: 142 sales closed under $1 million, including 97 co-ops versus 41 condos,

Several new development condo projects posted multiple closings. 520 Fifth Avenue led with four closings totaling about $13.85 million, 155W68 with three lower-priced sponsor closings, and 35 Hudson Yards, 250 West 96th Street, 720 West End Avenue, The Greenwich by Rafael Viñoly, and The Strathmore all with two closings.