Of the 21 contracts signed last week at $4 million and above, only one was a co-op. The activity included 17 condos and 3 townhouses. By the way, the total number of sales is roughly equivalent to the number of contracts signed in the same week in 2012, a consistent theme so far this year. I guess you could say: 2016 is the new 2012.
The No.1 contract was 28E at 1965 Broadway, asking $15.9 million. This 6-bedroom, 5.5-bathroom unit is in the Grand Millennium condo. It has 4,100 square feet that includes a 48-foot living room/dining room expanse, eat-in kitchen, and a 25-foot master bedroom. The unit features panoramic city views. It was purchased in 2013 for $10.250 million.
The No. 2 contract was 28ABC at 40 East 94th Street, asking $14 million. Three apartments were combined in Carnegie Hill Tower condominium to create a 4,600-square-foot unit with spectacular views of Central Park and the reservoir. The apartment is configured as 5 bedrooms, 4.5 bathrooms, a media room, and a library.
East | West | Midtown | Downtown | Asking $/sq.ft. | Totals | |
---|---|---|---|---|---|---|
Co-ops | 1 | 0 | 0 | 0 | Avg.Ask: $7,995,000 |
1 |
Condos | 1 | 4 | 2 | 10 | Avg.Ask: $8,290,000 Avg.$/sq.ft.: $2,684 Avg.Size: 3,088 |
17 |
Condops * | 0 | 0 | 0 | 0 | 0 | |
Townhouses | 0 | 0 | 0 | 3 | Avg.Ask: $11,781,667 Avg.$/sq.ft.: $2,008. Avg.Size: 5,868 |
3 |
TOTALS | 2 | 4 | 2 | 13 | 21 |
CLICK HERE TO VIEW 18 CONTRACTS SIGNED ON APARTMENTS
CLICK HERE TO VIEW 3 CONTRACTS SIGNED ON TOWNHOUSES
Donna Olshan President dso@olshan.com |
Emily Chen Private Wealth Real Estate Services Chief of Research ecc@olshan.com |