Forty contracts were signed last week at $4 million and above in Manhattan, 11 more than the previous week. Condos outsold co-ops, 27-9, and 4 townhouses were in the mix.
Stat Geek Alert: Last week’s total was the highest of 2022---and the first time this year that the luxury market cracked 30 or more contracts signed at $4 million and above.
The No. 1 contract was 34A at 15 Central Park West, asking $21.95 million; it sold within days of listing. The seller paid $18.8 million in September 2008 for a condo with 3,103 square feet including 3 bedrooms and 3.5 bathrooms. The living room and master bedroom have spectacular views of Central Park.
15 Central Park West was designed by architect Robert A.M. Stern. Amenities include a 14,000-square-foot fitness center with a 75-foot pool, a private restaurant for residents only, a landscaped motor court and garage, library, business center, game room, outdoor terrace, and children’s playroom.
The No. 2 contract was the 7th floor at 1165 Madison Avenue, asking $18.75 million, raised from the original offering-plan price of $18.25 million. This full-floor unit has 6,118 square feet including 5 bedrooms and 6.5 bathrooms. It features 13-foot ceilings and a 19’ x 27’ great room. It is in a new 12-unit, 14-story condo called The Bellemont, also designed by architect Robert A.M Stern. Amenities include a concierge, fitness center, squash court, roof terrace, children’s playroom, and screening room. Marketing started in the fall of 2021, and 9 out of 12 units have sold at asking prices averaging $3,768/sq.ft.