Fair Housing Notice

OLSHAN LUXURY MARKET REPORT
Report on Contracts Signed
Manhattan Residential Properties $4 Million and Above
November 18-24, 2024

22 Contracts Signed

Twenty-two contracts were signed last week in Manhattan at $4 million and above, 15 fewer than the previous week. Condos outsold co-ops, 16-2, with 4 townhouses in the mix.

The No. 1 contract was 15A at 20 East 76th Street, asking $25,745,000. The condo has 4,997 square feet including 4 bedrooms and 4.5 bathrooms. A corner 19’ x 27’ great room that overlooks 76th Street and Madison Avenue opens onto a library. The unit has north, east and south exposures. It is in the new Surrey Residences, which comprise 14 condos on the 11th through 16th floors above a 99-room hotel. Ten contracts have been signed with asking prices averaging $5,034/sq.ft. Amenities include doormen, a concierge, a spa and fitness center, and a rooftop terrace, plus a restaurant.

The No. 2 contract was 7N at 140 Jane Street, asking $23.5 million; it was sold off floorplans. The condo has 4,604 square feet including 4 bedrooms and 4.5 bathrooms, plus a conservatory--a room with a stone floor and sliding glass doors that open onto a Juliet balcony. A 33’ x 26’ great room with a 9’-2” ceiling faces the Hudson River. The primary suite has 2 dressing rooms and a home office. 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. Six contracts have been signed in the building with asking prices averaging $5,373/sq.ft.



. EAST SIDE WEST SIDE MIDTOWN DOWNTOWN Asking $/sq.ft. Totals
Co-ops 2 0 0 0 Avg.Ask:
$4,997,500
2
Condos 5 3 2 6 Avg.Ask:
$10,299,688
Avg.$/sq.ft.:

Avg.Size:
16
Condop* 0 0 0 0 Avg.Ask:

Avg.$/sq.ft.:

Avg.Size:
0
Townhouses 1 1 1 1 Avg.Ask:
$11,461,250
Avg.$/sq.ft.:
$2,199/sq.ft.
Avg.Size:
5,213 sq.ft.
4
TOTALS 8 4 3 7 . 22


*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 18 CONTRACTS SIGNED ON APARTMENTS

CLICK HERE TO VIEW 4 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
November 18-24, 2024
Total Weekly Asking Price Sales Volume: $220,630,500

Average Asking Price: $10,028,659

Median Asking Price: $8,072,500

Average Discount from Original Ask to Last Asking Price: 10%

Average Days on Market: 630









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