Twenty-three contracts were signed last week in Manhattan at $4 million and above, two fewer than the previous week. Condos outsold co-ops, 16-4, with 3 townhouses in the mix. The top 2 sales were super-sized Upper West Side condos.
The No. 1 contract was 7CD at 50 West 66th Street, asking $19.525 million. The sponsor is going to combine a four-bedroom unit and five-bedroom unit to create a 7,112-square-foot apartment. Monthly common charges and real estate taxes will total $18,838. Amenities in this new 122-unit condo include doormen, a fitness center, indoor lap pool, an outdoor saltwater pool and jacuzzi, basketball and pickleball courts, screening room, game room, bike room, and dog-washing facility. Closings in the building are scheduled to start soon.
The No. 2 contract was the 16th floor at 535 West End Avenue, asking $16.5 million. The condo has 6,637 square feet including 6 bedrooms and 5.5 bathrooms. The unit is surrounded by a 1,624-square-foot terrace. Monthly common charges and real estate taxes total $29,880. The seller paid $16.295 million in March 2013. Amenities include doormen, a fitness center, pool, party room with a catering kitchen, and a garage.
. | EAST SIDE | WEST SIDE | MIDTOWN | DOWNTOWN | Asking $/sq.ft. | Totals |
---|---|---|---|---|---|---|
Co-ops | 3 | 0 | 0 | 1 | Avg.Ask: $7,732,500 |
4 |
Condos | 2 | 4 | 0 | 10 | Avg.Ask: $7,983,438 Avg.$/sq.ft.: $2,442/sq.ft. Avg.Size: 3,269 sq.ft. |
16 |
Condop* | 0 | 0 | 0 | 0 | Avg.Ask: Avg.$/sq.ft.: Avg.Size: |
0 |
Townhouses | 0 | 1 | 0 | 2 | Avg.Ask: $6,331,667 Avg.$/sq.ft.: $1,284/sq.ft. Avg.Size: 4,931 sq.ft. |
3 |
TOTALS | 5 | 5 | 0 | 13 | . | 23 |
CLICK HERE TO VIEW 20 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 |