Seventeen contracts were signed last week at $4 million and above, the largest post-Christmas week total since we started keeping track in 2006.
Stat Geek Alert I: By the way, the last time New Year’s Day fell on a Friday was in 2016, when the post-Christmas week yielded only 6 signed contracts.
Stat Geek Alert II: Seven contracts were signed on townhouses, the highest total since the last week of January 2020, when 7 townhouse contracts were also signed.
The No. 1 contract was the most expensive apartment ever to sell on East End:
PHA at 20 East End Avenue, asking $35 million. The new condo has 6,050 square feet including 5 bedrooms and 5.5 bathrooms. It has 12-foot ceilings and river views. There are 5 terraces that total 4,542 square feet. An upstairs roof terrace features a wood-burning fireplace and stone archway. 20 East End is an elegant new limestone condo that was designed by Robert A.M Stern and completed in 2016. It has 43 units on 17 floors. Amenities include a concierge, drive-in motor court, a fitness center, private dining room with wine storage, a game room, and a kids’ lounge
Deborah Kern of The Corcoran Group represented the sponsor, Corigin Real Estate Group. Kern said that the buyers are New Yorkers and came direct. “They really appreciated the quality of the construction and how far it went beyond anything built on the east side,” she said. “And they liked the intimacy of the building. They really appreciated everything about the building down to the air purification system and the energy efficiency.”
The No. 2 contract was a townhouse at 292 West 4th Street, asking $16.3 million, reduced from $18 million when it was listed in January 2019. The seller purchased the house for $7 million in 2012 and gut renovated. The 20-foot-wide, 4-story house has 4 bedrooms, 4.5 bathrooms, 5 fireplaces, and a gym. The house does not have an elevator but it does have a garden and rooftop solarium with 2 terraces, including one with a hot tub and an outdoor shower.
The listing broker was Serena Boardman of Sotheby’s International Realty. The buyer was represented by Cathy Franklin of The Corcoran Group. Both declined to comment.