Thirty-four contracts were signed last week at $4 million and above--though 4 fewer than the previous week, it was still an impressive total when you take into account the shortened holiday week. Condos outsold co-ops, 24-6, with 4 townhouses in the mix.
Stat Geek Alert: The first 2 months of 2022 registered 244 contracts signed at $4 million and above---the strongest start of any year since we started keeping records in 2006.
The No. 1 contract was PHB at 1165 Madison Avenue, asking $24.95 million, raised from the original offering-plan price of $21.5 million. This full-floor penthouse has 4,784 square feet including 5 bedrooms and 5.5 bathrooms, plus 2 terraces totaling 381 square feet. A 42-foot living room with 13-foot ceilings and a fireplace opens onto a 24-foot terrace. An adjoining library has an 11-foot terrace. The unit is in a new 12-unit, 13-story condo called The Bellemont, 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 with asking prices averaging over $3,900/sq.ft, Only 1 unit is left.
The No. 2 contract was 6D at 15 Central Park West, asking $20.5 million, reduced from $23 million when it was listed in March 2019. The seller purchased the unit from the sponsor in December 2007 for $10,793,450. It has 3,332 square feet including 4 bedrooms and 4.5 bathrooms. A corner 20’ x 20’ living room and 3 of the 4 bedrooms span 54 feet overlooking 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.