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OLSHAN LUXURY MARKET REPORT
March 10-16, 2025
Thirty-six contracts were signed last week in Manhattan at $4 million and above, one more than the previous week. Condos outsold co-ops, 27-5, with 4 townhouses in the mix. The last 3 weeks have registered strong luxury sales with 103 deals totaling over $800 million.

Stat Geek Alert: Eleven properties sold at $10 million and above, the largest number of trophy deals since the week of December 9-15, 2024, when 11 such contracts were also signed.

The No. 1 contract was the 6th floor at 838 Fifth Avenue, asking 24.5 million; it had been on and off the market since 2018, starting as high as $42 million. The prewar condo has 5,427 square feet including 3 bedrooms, 5.5 bathroom, and 3 fireplaces. The living room and formal dining room span 44 feet and overlook Central Park. The unit needs to be renovated. It was ...

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