Twenty-seven contracts were signed last week in Manhattan at $4 million and above, 2 fewer than the previous week—and the 3rd week in a row of more than 25 deals. Condos outsold co-ops, 16-6, with 1 condop and 4 townhouses in the mix.
The No. 1 contract was the 9th floor at 778 Park Avenue, asking $20 million reduced from $25 million when it was listed in October. The full floor has 6 bedrooms, 7 bathrooms, 2 powder rooms, 3 wood-burning fireplaces, and 11-foot ceilings. A 19’x 32’ living room, formal dining room, library, and bedroom overlook Park Avenue. Upstairs is a laundry room, and downstairs is a staff room.
Monthly maintenance totals $26,435. The co-op board does not allow financing. The building has 18 units and a fulltime doorman.
The No. 2 contract was a townhouse at 14 East 81st Street, asking $19.995 million, reduced from $22 million when it was listed in August. The 20-foot-wide, 5-story limestone house has 6 bedrooms, 8 bathrooms, 3 fireplaces, and an elevator. It has a garden on the ground floor and a terrace off the 3rd floor, which consists of a master bedroom and a gym. Annual real estate taxes are $149,502.