Twenty-seven contracts were signed last week at $4 million and above, only 2 of which were asking north of $10 million. If you are looking for the real strength in the luxury market, it is in the $4 to $6 million range.
The No.1 contract was 3C at 15 Central Park West, asking $14.8 million, reduced from $19 million when the unit went on the market in August 2015. This 2-bedroom, 2.5-bathroom condo has 2,532 square feet with a 29-foot living room and 20-foot dining room facing Central Park. In 2008, the apartment sold for $6,017,857. 15 Central Park West is one of the most expensive condos in New York. It is a limestone structure designed by Robert A.M. Stern with a host of amenities including a 14,000-square-foot fitness center that has a 75-foot pool; it also features a private restaurant for residents only, a landscaped motor court and garage, library, business center, game room, outdoor terrace, and children’s playroom.
The No. 2 contract was 5B at 101 West 78th Street, asking $10.795 million. It is a duplex with 4,477 square feet including 5 bedrooms and 4.5 bathrooms in a 1886 building that is being converted into a condo. Amenities include a doorman, gym, and children’s playroom.
STAR SALE: The No. 13 spot went to Greta Garbo’s former apartment on the 5th floor at 450 East 52nd Street, asking $5.95 million. The legendary screen actress lived in the co-op for almost 40 years until her death in 1990 at the age of 84 . An heir sold the unit within a month of listing. It has 3 bedrooms, 3 bathrooms, and fabulous East River views.
CLICK HERE TO VIEW 26 CONTRACTS SIGNED ON APARTMENTS
CLICK HERE TO VIEW PAGE 2 OF 26 CONTRACTS SIGNED ON APARTMENTS
CLICK HERE TO VIEW 1 CONTRACTS SIGNED ON TOWNHOUSES
© 2024 Olshan Realty | All Rights Reserved.
This website, its content, and the Olshan Luxury Report is copyright of Olshan Realty.
Source: Olshan Realty
QUICK STATS
for the week of
April 24-30, 2017
Total Weekly Asking Price Sales Volume: 177,085,000
Average Asking Price: 6,558,704
Median Asking Price: 5,950,000
Average Discount from Original Ask to Last Asking Price: 6%
Average Days on Market: 323
SUBSCRIBEFill in your address below to receive THE OLSHAN LUXURY REPORT via email every week!
OLSHANCONSULTINGRebranding, Rethinking, Positioning, Messaging—all critical aspects when your property is not selling. Olshan Consulting uses its
proprietary data and analytics to consult on how to efficiently get your
property sold.
Olshan uses its proprietary data and analytics in consulting banks,
hedge funds, developers on all aspects of residential design, marketing
and pricing.
MORE INFO
ARCHIVEView past reports and data.
VIEW IT
PRINTGet a printable version of this report.
PRINT IT
© 2024 Olshan Realty, Inc. | All Rights Reserved. | Established 1980641 Lexington Avenue, Suite 2200, New York, NY 10022 | 212-751-3300 |
Privacy Policy
This website, its content, and the Olshan Luxury Report is copyright of Olshan Realty.
. . . .