Eighteen contracts were signed last week at $4 million and above, tying the total during the same period in December 2016. Condos outsold co-ops, 13 to 4, and one townhouse was in the mix.
For the second week in a row, the No.1 contract was a unit at 432 Park Avenue: 65A, asking $29.75 million. The condo has 4,019 square feet including 3 bedrooms, a library, and 4.5 bathrooms. It has 12.5’ ceilings, windows that measure 10’ x 10’ that afford south, east, and north views of Central Park. 432 Park 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 room, parking, a garden, and a children’s playroom.
The No. 2 contract was PH at 101 West 78th Street, asking $23.5 million. This penthouse has 4,742 square feet including 4 bedrooms and 4.5 bathrooms, plus a 3,398-square-foot wraparound terrace and a 2,700-square-foot rooftop terrace outfitted with a kitchen. This 1886 building is being converted from a rental into a condo. Amenities include a doorman, gym, and children’s playroom.
CLICK HERE TO VIEW 17 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
December 11-17, 2017
Total Weekly Asking Price Sales Volume: 174,235,000
Average Asking Price: 9,679,722
Median Asking Price: 6,850,000
Average Discount from Original Ask to Last Asking Price: 8%
Average Days on Market: 487
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.
. . . .