Eleven contracts were signed last week at $4 million and above. You might think that was a turkey of a Thanksgiving week, but you’d be wrong: That total of 11 signed contracts was only one less than last year and one more than 2015, which was a stellar year in the luxury market.
The No.1 contract was 62A at 432 Park Avenue, asking $26.995 million, reduced from $28 million when it was listed in May. The condo has 4,019 square feet including 3 bedrooms, 4.5 bathrooms, and a library. It has 12.5’ ceilings and windows that measure 10’ x 10’, affording south, east, and north views of Central Park. Monthly common charges and real estate taxes total $15,819. The owner paid $18,442,956 in June 2016 after signing a contract off of floorplans in 2012. 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 PHE at 40 Bleecker Street, asking $15.5 million.
It was the only sponsor sale in the Manhattan luxury market last week.
The condo has 3,528 square feet including 4 bedrooms and 4.5 baths, plus a terrace totaling 830 square feet. Monthly common charges and taxes total $11,842. Amenities in this new 12-story, 61-unit building include a concierge, pool, 11 parking spaces, and a landscaped courtyard.