Thirty-two contracts were signed last week in Manhattan at $4 million and above, 5 more than the previous week. Condos outsold co-ops, 21-6, with 1 condop and 4 townhouses in the mix.
Stat Geek Alert I: The 32-contract total beats the 10-year average of 26 contracts for the week preceding Memorial Day.
Stat Geek Alert II: 14 out of the 21 condo contracts were sponsor deals.
The No. 1 contract was PH32A at 360 East 89th Street, asking $22.5 million; it sold within a month of listing. The triplex condo has 7,430 square feet including 6 bedrooms, 7.5 bathrooms, and a 2,529-square foot terrace. It features a living room with a 22-foot ceiling and views in all directions. Two parking spots were included in the deal. The seller paid $20,558,626 in 2018 in the building called Citizen 360. Amenities include doormen, garage, a fitness center, a residents'' lounge, catering kitchen, a screening room, a multi-media room, a children''s playroom, art studio, and a music room.
The No. 2 contract was a brownstone at 246 West 12th Street, asking $21.95 million. The seller paid $8.45 million in October 2018 and undertook a 4-year renovation. The 4-story house has 5,100 square feet including 5 bedrooms, 4.5 bathrooms, and 2 fireplaces. It does not have an elevator. Outdoor space totals 1,520 square feet including a garden, terrace off the master bedroom, and a roof garden. The renovation included excavation of cellar space to build a 28-foot media/recreation room, gym, wine room, laundry, and a powder room.