Thirty-nine contracts were signed last week in Manhattan at $4 million and above, 8 more than the previous week. Condos outsold co-ops, 28-7, and 4 townhouses were in the mix.
Stat Geek Alert: Nineteen out of the 28 condos were sold by developers.
For the first time since the end of September, a co-op took the top spot--- the 5th floor at 944 Fifth Avenue, asking $20 million, reduced from $25 million when it was listed in October. The seller, art dealer Robert Mnuchin (and father of former Treasury Secretary Steven Mnuchin), paid $20 million for the unit in January 2008. It is a full floor with 4 bedrooms, 3 bathrooms, and 3 powder rooms. A 42-foot living room and 20-foot master bedroom face Central Park. Amenities include a doorman, fitness room, and storage. The building only allows 33% mortgage financing.
The No. 2 contract was a townhouse at 123 East 61st Street, asking $18.8 million, the same price when it went on market in February 2021. The seller paid $12 million in 2015 and then gut renovated the house in a contemporary style. It has a stucco façade, and is 19.5-feet wide with 6 stories and 9,200 square feet. The house has 7 bedrooms, 8.5 bathrooms, a garden, and rooftop terrace. Annual real estate taxes total $138,268.