Fair Housing Notice

OLSHAN LUXURY MARKET REPORT
Report on Contracts Signed
Manhattan Residential Properties $4 Million and Above
October 28-November 3, 2024

26 Contracts Signed

Twenty-six contracts were signed last week in Manhattan at $4 million and above, the same total as the previous week. Condos outsold co-ops, 21-4, with 1 condop in the mix.

The No. 1 contract was 14C at 20 East 76th Street, asking $11 million. The condo has 2,127 square feet including 2 bedrooms and 2.5 bathrooms. A corner 25’ x 20’ great room opens onto a 195-square-foot terrace. It is in the Surrey Residences, which comprises 14 units on the 11th through 16th floors above a 99-room hotel. Amenities include doormen, a concierge, a spa and fitness center, and a rooftop terrace.

The No. 2 contract was 3A at 137 Duane Street, asking $10,995,000, reduced from $13,118,000 when it was listed in February 2022. This prewar condo loft has 5,498 square feet including 3 bedrooms and 4.5 bathrooms. A 64’ x 49’ great room features cast-iron columns and 14-foot ceilings. The 5-story, 19-unit building has key elevator access but does not have a doorman; it does have a live-in super, and onsite storage. The seller paid $10,116,000 in April 2018.



. EAST SIDE WEST SIDE MIDTOWN DOWNTOWN Asking $/sq.ft. Totals
Co-ops 2 0 0 2 Avg.Ask:
$6,047,500
4
Condos 3 4 5 9 Avg.Ask:
$6,665,714
Avg.$/sq.ft.:
$2,719/sq.ft.
Avg.Size:
2,451 sq.ft.
21
Condop* 0 0 0 1 Avg.Ask:
$4,395,000
Avg.$/sq.ft.:
$2,348/sq.ft.
Avg.Size:
1,872 sq.ft.
1
Townhouses 0 0 0 0 Avg.Ask:

Avg.$/sq.ft.:

Avg.Size:
0
TOTALS 5 4 5 12 . 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 26 CONTRACTS SIGNED ON APARTMENTS

CLICK HERE TO VIEW PAGE 2 OF 26 CONTRACTS SIGNED ON APARTMENTS

CLICK HERE TO VIEW 0 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 28-November 3, 2024
Total Weekly Asking Price Sales Volume: $168,565,000

Average Asking Price: $6,483,269

Median Asking Price: $6,222,500

Average Discount from Original Ask to Last Asking Price: 8%

Average Days on Market: 680









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

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