Thirty-four contracts were signed last week in Manhattan at $4 million and above, 15 more than the previous week. Condos outsold co-ops, 21-6, with 2 condops and 5 townhouses in the mix.
Stat Geek Alert: The 34 contracts rings in the third largest weekly total of the year. The top week was March 11-17, 2024, when 40 contracts were signed.
The No. 1 contract was 55B at 220 Central Park South, asking $37.5 million ($11,679/sq.ft). The seller paid $33 million in May 2021. The unit has 3,211 square feet including 3 bedrooms and 3.5 bathrooms. A 35-foot living room and 2 out of the 3 bedrooms face Central Park. 220 Central Park South is an ultra-luxury building designed by Robert A.M. Stern. The condo building has over 30,000 square feet of amenities including a doorman, concierge, motor court, private dining room, fitness center, 82-foot saline pool, squash court, basketball court, golf simulator, children’s playroom, and a communal terrace.
The No. 2 contract was a 5-story, 22-foot-wide townhouse at 114 Waverly Place, asking $22.85 million; it was listed in September. The house has 6,800 square feet including 5 bedrooms and 5.5 bathrooms, plus an elevator. The seller paid $8.5 million in August 2019 and then undertook a 3-year-plus renovation. The house has a 42-foot garden and a top-floor, 32-foot great room with a double-height ceiling that leads to a rooftop dining terrace. Annual real estate taxes are $91,459.