Twenty-four contracts were signed last week at $4 million and above, 3 more than the previous week. Condos outsold co-ops, 18-3, and 3 townhouses were in the mix. The 3 co-ops sales were on the Upper East Side.
Stat Geek Alert: Developers sold half of the properties.
The No. 1 contract was PH20 at 111 West 57th Street, asking $21 million, raised from $19 million when the building started marketing off of floorplans in 2016.
This duplex condo has 5,269 square feet including 3 bedrooms and 4.5 bathrooms, plus terraces totaling 3,788 square feet. A 42’ x 25’ great room with 26-foot ceilings is surrounded by a terrace that overlooks Central Park. Two bedrooms are downstairs and open onto a 226 square foot terrace. Upstairs is a master bedroom that opens onto a terrace with over 2,500 square feet.
111 West 57th Street is a 60-unit, 82-story building that rises 1,428 feet on the former site of the Steinway & Sons piano store. Completion is expected by the end of the year or by the first quarter of 2023. Amenities include a concierge, a fitness center, 82-foot pool, lounge, terrace, and a private dining room, plus a covered driveway entrance.
The No. 2 contract was PHA at 299 West 12th Street, asking $18.3 million; it was listed in the third week of June. This prewar condo duplex has approximately 2,950 square feet including 1 bedroom, a study, and 2.5 bathrooms. The unit has landscaped terraces totaling 1,950 square feet and views in all directions. Downstairs is configured as a living room with a fireplace, a formal dining room, and a large kitchen. A solarium built on part of the terrace serves as an office. Upstairs features a master suite with 14-foot ceilings and another terrace.
The unit sold quickly to a buyer currently living in the Village. Amenities include a doorman, superintendent, storage, and laundry.