Fair Housing Notice

OLSHAN LUXURY MARKET REPORT
Report on Contracts Signed
Manhattan Residential Properties $4 Million and Above
April 17-23, 2023

32 Contracts Signed

Thirty-two contracts were signed last week in Manhattan at $4 million and above, six more than the previous week. Condos outsold co-ops, 24-6, with 1 condop and 1 townhouse in the mix.

The No. 1 contract was 5H at 443 Greenwich Street, asking $15.9 million; it was listed in the beginning of February. The condo has 3,949 square feet including 4 bedrooms (the master is 25 feet long) and 4.5 bathrooms. It also features huge arched windows surrounding a 19’ x 30’ living room. The seller paid $13,749,429 in July 2017.

443 Greenwich Street is a former factory built in the 1880s that was converted into a 53-unit condo in 2015; it retains some of the original details like large windows, huge shutters, and wood beams. Amenities include doormen, a fitness center, a lap pool, garage with valet parking, a landscaped courtyard and a roof deck.

The No. 2 contract was PH at 190 Riverside Drive, asking $15 million; it was listed last May. The penthouse is owned by comedian Amy Schumer, who bought the unit in October 2016 for $12,147,722. This full-floor condo has 4,500 square feet with 5 bedrooms and 5.5 bathrooms, plus 3,000 square feet of outdoor space on 2 levels. It features a dramatic 33’ x 28’ glass solarium/living room with a fireplace that is surrounded by a landscaped terrace. The unit comes with a deeded garage space. Amenities include doormen, bike room, and garage. As for Schumer, she bought a townhouse in Brooklyn Heights.



. EAST SIDE WEST SIDE MIDTOWN DOWNTOWN Asking $/sq.ft. Totals
Co-ops 3 2 0 1 Avg.Ask:
$5,690,000
6
Condos 2 6 3 13 Avg.Ask:
$7,618,125
Avg.$/sq.ft.:
$2,840/sq.ft.
Avg.Size:
2,682 sq.ft.
24
Condop* 0 0 0 1 Avg.Ask:
$5,195,000
Avg.$/sq.ft.:
$2,644/sq.ft.
Avg.Size:
1,965 sq.ft.
1
Townhouses 0 0 1 0 Avg.Ask:
$5,800,000
Avg.$/sq.ft.:
$943/sq.ft.
Avg.Size:
6.150 sq.ft.
1
TOTALS 5 8 4 15 . 32


*Condops are mixed-use co-op buildings with condo space typically in the commercial or non-residential portion of the building.

CLICK HERE TO VIEW 31 CONTRACTS SIGNED ON APARTMENTS

CLICK HERE TO VIEW PAGE 2 OF 31 CONTRACTS SIGNED ON APARTMENTS

CLICK HERE TO VIEW 1 CONTRACTS SIGNED ON TOWNHOUSES

Donna Olshan, President
cell: 917-287-0458
home: 212-751-3300 x110
dso@olshan.com

Emily Chen, Private Wealth Real Estate Services
Chief of Research
917-853-9235
ecc@olshan.com

© 2024 Olshan Realty | All Rights Reserved.
This website, its content, and the Olshan Luxury Report is copyright of Olshan Realty.



Source: Olshan Realty




QUICK STATS

for the week of
April 17-23, 2023
Total Weekly Asking Price Sales Volume: $227,970,000

Average Asking Price: $7,124,063

Median Asking Price: $5,862,951

Average Discount from Original Ask to Last Asking Price: 6%

Average Days on Market: 571









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This website, its content, and the Olshan Luxury Report is copyright of Olshan Realty.

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