Thirty-nine contracts were signed last week at $4 million and above in Manhattan, two more than the previous week. Condos outsold co-ops, 19-13, and 7 townhouses were in the mix.
Stat Geek Alert: Amazingly, Manhattan’s luxury real estate market turned in a solid performance in April, posting 164 signed contracts at $4 million and above totaling $1,305,282,980. This despite the fact that the stock market closed out a truly awful month---so awful that the tech-heavy NASDAQ registered its worst month since the kick off of the financial crisis in October 2008.
The No. 1 contract was a townhouse at 10 East 76th Street, asking $29.975 million; it was listed in 2018. The 6-story, 22-foot-wide limestone mansion has 12,380 square feet and is divided into 3 units. The house has 7 bedrooms, 9 bathrooms, 13-foot ceilings, and 12 wood-burning fireplaces. Annual taxes total $188,337.
The No. 2 contract was Apartment 45 at 111 West 57th Street, asking $29.75 million, raised from $28.25 million when it was listed off of floorplans in 2016.
This condo has 4,492 square feet including 3 bedrooms and 3.5 bathrooms. A 50x21-foot great room with 14-foot ceilings overlooks Central Park. The 60-unit, 82-story building rises 1,428 feet on the former site of the Steinway & Sons piano store and is near completion. Amenities include a concierge, a fitness center, 82-foot pool, lounge, terrace, and a private dining room, plus a covered driveway entrance.