Thirty-six contracts were signed last week in Manhattan at $4 million and above, 3 more than the previous week. Condos outsold co-ops, 20-11, with 2 condops and 3 townhouses in the mix.
CELEBRITY ALERT: Check out the No. 8 contract. The apartment is owned by Barbara Corcoran, of real estate and Shark Tank fame. Her duplex penthouse co-op at 1158 Fifth, asking $12 million, sold in a day. Sources say it went over the asking price with multiple bidders.
The No. 1 contract was PH60A at 15 East 30th Street, asking $25 million, raised from $23.5 million when the building opened for sale in September 2019. The penthouse condo has 5,151 square feet including 4 bedrooms, a library/den, and 5.5 bathrooms. It features 23-foot ceilings in a 41-foot great room that opens onto a 26-foot terrace with spectacular city views. The building, known as Madison House, features 30,000 square feet of amenities including a concierge, fitness center, golf simulator, yoga room, a 75-foot lap pool, cold plunge, hot tub, steam room, a garden, a private dining room, conference room, children’s playroom, lounge and bar.
The No. 2 contract was the 16th floor at 995 Fifth Avenue, asking $24.25 million, reduced from $29.5 million when it was listed in September 2021 and then cycled through 3 brokerage firms. The seller paid $27,376,940 in June 2012. The condop has 8,360 square feet including 8 bedrooms and 9.5 bathrooms. A 42-foot great room, a 25-foot formal dining room, and a sitting room overlook Central Park. Amenities in this 26-unit building include doormen, concierge and a gym. Monthly maintenance is $44,818.
. | EAST SIDE | WEST SIDE | MIDTOWN | DOWNTOWN | Asking $/sq.ft. | Totals |
---|---|---|---|---|---|---|
Co-ops | 6 | 2 | 0 | 3 | Avg.Ask: |
11 |
Condos | 6 | 5 | 2 | 7 | Avg.Ask: $8,759,750 Avg.$/sq.ft.: $2,837/sq.ft. Avg.Size: 3,088 sq.ft. |
20 |
Condop* | 1 | 0 | 0 | 1 | Avg.Ask: $14,922,500 Avg.$/sq.ft.: $2,944/sq.ft. Avg.Size: 5,070 sq.ft. |
2 |
Townhouses | 2 | 0 | 0 | 1 | Avg.Ask: $8,580,000 Avg.$/sq.ft.: $1,668/sq.ft. Avg.Size: 5,143 sq.ft. |
3 |
TOTALS | 15 | 7 | 2 | 12 | . | 36 |
CLICK HERE TO VIEW 33 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 |