Thirty contracts were signed last week at $4 million and above, another healthy number as 2017 winds down. Wait, there’s more! Sales totaled $356.775,000, the highest dollar volume in a year. The biggest contributing factor: a shopping spree at 432 Park Avenue.
The No.1 contract was PH92A at 432 Park Avenue, asking $40,500,000. Rumor has it that the buyer also purchased two adjoining penthouse units: PH93B, asking $40,250,000, and PH92B, asking $40 million. The sponsor’s representative would not comment on the rumor or any other transactions in the building. Each condo has 3 bedrooms and 3 bathrooms; the A-line has 3,952 square feet and the B-line has 3,977 square feet. The units feature 12.5-foot ceilings and windows that measure 10 x10 feet. This new condo is 96 stories high with 106 units, a concrete-and-glass edifice designed by Rafael Vinoly that is 1,396 feet tall and can be seen from almost anywhere in the 5 boroughs. Amenities include a fitness center, a 75-foot swimming pool, private dining, parking, a garden, and a children’s playroom.
The No. 2 contract was PH1 at 150 Wooster Street, asking $35 million. This duplex penthouse has 4 bedrooms and 5.5 bathrooms with 6,770 square feet; it also has terraces that total 3,508 square feet, including a 1,868-square-foot roof terrace in this new 8-story, 6-unit condo. 150 Wooster, which has a doorman, has reported 4 signed contracts since October.
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 4 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
December 4-10, 2017
Total Weekly Asking Price Sales Volume: 356,775,000
Average Asking Price: 11,892,500
Median Asking Price: 7,075,000
Average Discount from Original Ask to Last Asking Price: 3%
Average Days on Market: 483
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