Twenty-six contracts were signed last week in Manhattan at $4 million and above, three fewer than the previous week. Condos outsold co-ops, 16-6, with 1 condop and 3 townhouses in the mix.
Stat Geek Alert: Eight of the 26 contracts signed last week were at $10 million and above, the largest total of trophy properties since the first week
of October 2023, when 9 were sold.
The No. 1 contract was West 25D at 500 West 18th Street, asking $13,770,000,
reduced from $14,085,000. The corner condo has 3,881 square feet including 4 bedrooms, 4.5 bathrooms, and a 30’ x 32’ great room showcasing north, east, and south views. The building is known as One Highline, and it has a robust slate of amenities including a fitness center, a 75-foot lap pool, spa-treatment rooms, a golf simulator, children''s playroom, private dining, a games lounge, and a garage. Services are offered from the adjacent Faena Hotel, which is part of the condo project.
The No. 2 contract was a townhouse at 5 East 10th Street, asking $12,995,000, reduced by $1 million when it was listed in January 2023. The 5-story, 25-foot- wide house was built in 1890 and has 9,650 square feet. It features 7 fireplaces and a distinctive bay-metal window on the brick façade, but the entire house needs to be completely renovated. Annual real estate taxes total $97,457.