Thirty-three contracts were signed last week in Manhattan at $4 million and above, 4 more than the previous week. Condos outsold co-ops, 19-9, with 2 condops and 3 townhouses in the mix. All things considered—Passover, Easter, a volatile stock market---it was a surprisingly strong showing for the luxury market.
The No. 1 contract was 2N at 140 Jane Street, asking $19.95 million, raised from $19.35 million when the building started marketing off floor plans in September. The condo has 4,573 square feet including 4 bedrooms and 4.5 bathrooms, plus a conservatory--a room with a stone floor and sliding glass doors that open onto a Juliet balcony. A 33’ x 15’ great room with almost 10-foot ceilings faces the Hudson River. The primary suite has 2 dressing rooms. This 11-story building was designed by BKSK architects and Leroy Street Studio, and 10 of 14 units have sold with an average asking price of $5,301/sq.ft. Amenities include a doorman, porte-cochere, automated parking garage, a lounge, fitness room, lap pool, and hot tub.
The No. 2 contract was a townhouse at 280 West 11th Street, asking $13.999 million, reduced from $17.999 million when it started on the market in September 2020. This 6-story, 26-foot-wide house has 7,921 square feet and 8 fireplaces. It has been divided into 5 apartments and is on Bleecker Gardens, one of 14 houses that share a landscaped common garden. Annual real estate taxes are $100,946.
. | EAST SIDE | WEST SIDE | MIDTOWN | DOWNTOWN | Asking $/sq.ft. | Totals |
---|---|---|---|---|---|---|
Co-ops | 4 | 2 | 1 | 2 | Avg.Ask: $7,004,444 |
9 |
Condos | 4 | 6 | 3 | 6 | Avg.Ask: $6,576,579 Avg.$/sq.ft.: $2,527/sq.ft. Avg.Size: 2,602 sq.ft. |
19 |
Condop* | 0 | 0 | 0 | 2 | Avg.Ask: $7,372,500 Avg.$/sq.ft.: $3,266/sq.ft. Avg.Size: 2,258 sq.ft. |
2 |
Townhouses | 0 | 0 | 1 | 2 | Avg.Ask: $7,737,500 Avg.$/sq.ft.: $1,315/sq.ft. Avg.Size: 5,884 sq.ft. |
3 |
TOTALS | 8 | 8 | 5 | 12 | . | 33 |
CLICK HERE TO VIEW 30 CONTRACTS SIGNED ON APARTMENTS CLICK HERE TO VIEW PAGE 2 OF 30 CONTRACTS SIGNED ON APARTMENTS
CLICK HERE TO VIEW 3 CONTRACTS SIGNED ON TOWNHOUSES |
Donna Olshan, President |
Emily Chen, Private Wealth Real Estate Services
|
Donna Olshan President dso@olshan.com |
Emily Chen Private Wealth Real Estate Services Chief of Research ecc@olshan.com |