57th Street in Midtown Manhattan–also known as Billionaire’s Row–boasts the most sales above $25 million in the past five years of anywhere in the world. 41 ultra-luxury properties have sold on 57th Street since 2015 with an average selling price of $38.5 million. In fact, New York City neighborhoods take up four of the top seven spots for number of sales over $25 million, with Hong Kong taking up two more and London representing with one. Check out these ultra-prime locations by the rankings:
- 57th Street, Manhattan, New York 41 sales over $25 million since 2015 with an average selling price of $38.5 million.
- Mount Nicholson Road, Hong Kong 35 sales over $25 million since 2015 with an average selling price of $81.8 million.
- Central Park South, Manhattan, New York 32 sales over $25 million since 2015 with an average selling price of $44.9 million. (Note that Ken Griffin’s record-setting $238 million purchase of 220 CPS skewed the average on this one!)
- Park Avenue, Manhattan, New York 20 sales over $25 million since 2015 with an average selling price of $43 million.
- Grosvenor Square, London 13 sales over $25 million since 2015 with an average selling price of $45.5 million.
- Mount Kellett Road, Hong Kong 10 sales over $25 million since 2015 with an average selling price of $64.8 million.
- Fifth Avenue, Manhattan New York 10 sales over $25 million since 2015 with an average selling price of $55.7 million.