240 Centre Street

The four-bedroom, four-bathroom unit is listed at 6,600 square feet and is “the only apartment that Charles Gwathmey ever designed from the ground up, and required over four years to complete”. Click on the floorplan below to enlarge.

Unit Floorplan

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(You can download the full report from http://propertyshark.com/mason/nyc/home_buyer_resources.html)

Key points taken from the report:

• At least 40% fewer sales traded versus the same quarter a year ago. However, the median price still grew by 3% and average price per square foot grew by 5%, largely due to the new development market. The resale market saw median price fall 4% and average price per square foot remain the same.
• In just a year, inventory has increased by nearly one-third. In December, inventory experienced a marginal decline as some for-sale units were pulled off the market by sellers. In response to the increased inventory, sellers were compelled to readjust their price expectations. (To see the inventory, you can browse a comprehensive list of Manhattan properties for sale at http://www.propertyshark.com/mason/RFS/listings.html)

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