Fourteen contracts were signed last week at $4 million and above. Condos outsold co-ops, 7 to 6, and there was 1 townhouse in the mix. For the 5th time this year, not a single contract was signed for more than $10 million.
Stat Geek Alert: Year to date, 150 contracts have been signed at asking prices of $10 million and above, down from 184 in the same period last year--an 18% decline in such transactions.
The No. 1 contract was the 14th floor at 800 Park Avenue, asking $9,495,000.
It sold in only 20 days. The full-floor, 12-room co-op spans over 100 feet overlooking Park Avenue. It is configured as 4 bedrooms, 2 staff rooms, 4.5 bathrooms, and an eat-in kitchen. Both the living room and library have fireplaces. Monthly maintenance is $13,394. The building has a gym and allows 40% mortgage financing.
The No. 2 contract was a townhouse at 132 West 81st Street, asking $9 million, reduced from $10.95 million when it went on the market in June. The 19-foot-wide building has 6,298 square feet including 5 bedrooms, 4 bathrooms, and 4 powder rooms. The house also has an elevator, 2 gas fireplaces, and a south-facing garden. It was purchased for $5.2 million in August 2012 and renovated. Annual real estate taxes are $32,487.