Nineteen contracts were signed last week in Manhattan at $4 million and above, 3 fewer than the previous week. Condos outsold co-ops, 13-2, with 1 condop and 3 townhouses in the mix.
Stat Geek Alert: The total of 19 contracts is the lowest in 6 months—since the last week of January, when 15 contracts were inked.
The No. 1 contract was a townhouse at 58 Bank Street, asking $25 million, reduced from $27.5 million when it was listed in April. The seller paid $18.14 million in July 2015 and then renovated. The 5-story, 20-foot-wide house has 4 bedrooms, 5.5 bathrooms, and an elevator. It features a saline pool in the basement, a garden on the ground floor, and a library on the 5th floor with a double-height celling topped by a domed-shaped skylight. The library has glass doors that open onto a south-facing roof deck. Annual real estate taxes are $91,149.
The No. 2 contract was 15A at 685 Fifth Avenue, asking $22,050,000. This Mandarin Oriental residence condo has 3,374 square feet, plus 2 terraces totaling 760 square feet. The living room and 3rd bedroom open onto a terrace overlooking Fifth Avenue with a peek of Central Park. The other terrace is off the master bedroom. The apartment was sold to a foreigner who also owns another Mandarin residence in Europe.
The 65-unit, 29-story building is being sold with furnished units outfitted with dishes and Italian linens. Amenities include concierge, doormen, a private restaurant, outdoor pool, and fitness center. Closings have just started on the lower floors.