Fair Housing Notice

OLSHAN LUXURY MARKET REPORT
Report on Contracts Signed
Manhattan Residential Properties $4 Million and Above
October 21-27, 2024

26 Contracts Signed

Twenty-six contracts were signed last week in Manhattan at $4 million and above, 7 more than the previous week. Condos crushed co-ops, 21-2, with 3 townhouses in the mix.

The No. 1 contract was the 6th floor at 140 Jane Street, asking $40,500,000. The condo has 7,884 square feet including 5 bedrooms and 4.5 bathrooms, plus a conservatory--a room with a stone floor and sliding glass doors. A 45-foot living room and a 17-foot dining room with almost 10-foot ceilings faces the Hudson River. A gym with a sauna and a lounge open onto a 181-square-foot balcony. The primary suite has an office and 2 dressing rooms. This 11-story, 14-unit building was designed by BKSK architects and Leroy Street Studio. Amenities include a doorman, porte-cochere, automated parking garage, a lounge, fitness room, lap pool and hot tub. The unit was purchased by a local buyer.

The No. 2 contract was PHA at 211 West 84th Street, asking $26,950,000. The penthouse, sold off floorplans, has 6,679 square feet including 6 bedrooms and 6.5 bathrooms. A living room, library, dining room, kitchen and breakfast room, all open onto 754-square-foot terrace. The building is called The Henry, an 18-story, 45-unit condo, designed by architect Robert A.M. Stern. Amenities include doormen, a fitness center, a porte cochere, parking, a rooftop garden, a children’s playroom, pickleball court, half-court basketball, a bowling alley, and a library and games room.



. EAST SIDE WEST SIDE MIDTOWN DOWNTOWN Asking $/sq.ft. Totals
Co-ops 1 0 0 1 Avg.Ask:
$4,525,000
2
Condos 0 5 3 13 Avg.Ask:
$11,126,429
Avg.$/sq.ft.:
$3,295/sq.ft.
Avg.Size:
3,377 sq.ft.
21
Condop* 0 0 0 0 Avg.Ask:

Avg.$/sq.ft.:

Avg.Size:
0
Townhouses 1 0 0 2 Avg.Ask:
$8,780,000
Avg.$/sq.ft.:
$1,712/sq.ft.
Avg.Size:
5,129 sq.ft.
3
TOTALS 2 5 3 16 . 26


*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 23 CONTRACTS SIGNED ON APARTMENTS

CLICK HERE TO VIEW 3 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
October 21-27, 2024
Total Weekly Asking Price Sales Volume: $269,045,000

Average Asking Price: $10,347,885

Median Asking Price: $7,922,500

Average Discount from Original Ask to Last Asking Price: 14%

Average Days on Market: 1111









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