Tribeca Continues Dominance with $12.5 Million Penthouse Sale Amid High-Volume Day

Tribeca solidified its status as NYC’s luxury hotspot on December 11, when a three-bedroom, 3,500-square-foot penthouse at 11 North Moore Street closed for $12.5 million, leading residential deals on a day featuring 209 transactions citywide totaling $324 million. This sale, along with another strong Tribeca condo at 111 Murray Street fetching $9.6 million (full asking price), dominated the high-end leaderboard. The 11 North Moore penthouse offers expansive living with premium features typical of the neighborhood’s converted loft buildings. These trades contribute to Tribeca’s pattern of topping daily charts in early December, driven by limited supply of trophy properties and strong demand from buyers seeking historic architecture blended with modern luxury. The overall high transaction volume and values reflect sustained year-end activity across Manhattan, positioning desirable enclaves like Tribeca for ongoing appreciation in the competitive NYC market.