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March 16-22, 2015
Report on Contracts Signed
NYC Residential
Properties
$4 Million and Above
39 Contracts Signed
Pop Quiz: The No. 1 property sold last week was owned by a pair of celebrities. She got her start as a kid on Broadway, and he famously played hooky from school.
Time’s up. Of the 39 contracts signed last week at $4 million and above, the No.1 property was a townhouse owned by Sarah Jessica Parker and Matthew Broderick. This 25-foot house, at 20 East 10th Street, had an asking price of $19,950 million, reduced from $24,995 million when it went on the market in September 2012. The couple purchased the house for $18,995,000 in March 2011. It has 6,800 square feet including 6 bedrooms and 7 wood-burning fireplaces. The ground-floor kitchen opens to a split-level garden. The house does not have an elevator.
The No. 2 contract was PH17E at 135 East 79th Street, asking $17.75 million, reduced from $19 million when it went on the market in September 2012. The last of 30 units sold by the developer, the Brodsky Organization, this 4,476-square-foot duplex has 4 bedrooms and 5.5 baths. 135 East 79th Street was designed by William Sofield, and is one of the most outstanding new condos to rise on the Upper East Side in recent years. Modeled after prewar buildings, the façade is a handsome limestone-and-brick design with a few accents of cast iron. Amenities include a doorman, concierge, fitness center, resident’s lounge, and a landscaped courtyard.
NYC Luxury Tracking Scoreboard: Sales $4 Million and Above
March 16-22, 2015
| |
East |
West |
Midtown |
Downtown |
Asking $/sq.ft. |
Totals |
Co-ops |
7 |
1 |
0 |
1 |
Avg.Asking:$7,223,889
|
9 |
Condos |
3 |
1 |
5 |
16 |
Avg.Asking: $7,706,600
Avg.$/sq.ft.:$2,920/sq.ft.
Avg.Size: 2,640sq.ft. |
25 |
Condops * |
0 |
0 |
0 |
1 |
Avg.Asking:$6,900,000
Avg.$/sq.ft.:$2,309/sq.ft.
Avg.Size: 2,988sq.ft. |
1 |
Townhouses |
0 |
1 |
0 |
3 |
Avg.Asking:$12,848,750
Avg.$/sq.ft.:$2,249/sq.ft.
Avg.Size:5,714sq.ft. |
4 |
Totals |
10 |
3 |
5 |
21 |
|
39 |
Total Weekly Asking Price Sales Volume: $315,975,000
Average Asking Price: $8,101,923
Median Asking Price: $6,350,000
Average Discount from Original Ask to Last Asking Price:3%
Average Days on Market:214
*Condop is a co-op with condo rules.
TO VIEW 35 CONTRACTS SIGNED ON APARTMENTS:
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http://media.realplusonline.com/webreports/150522fc012290.htm
http://media.realplusonline.com/webreports/15052127eaadbe.htm
TO VIEW 4 CONTRACTS SIGNED ON TOWNHOUSES:
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http://media.realplusonline.com/webreports/150521533a4e54.htm
Donna Olshan
President
dso@olshan.com
Emily Chen
Private Wealth Real Estate Services
Chief of Research
ecc@olshan.com
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