Twenty-five contracts were signed last week in Manhattan at $4 million and above, five more than the previous week. Condos outsold co-ops, 15-4, with 6 townhouses in the mix
The No. 1 contract was PH54 at 277 Fifth Avenue, asking $20 million, reduced from $23 million when the building opened sales in 2017. The condo has 4,520 square feet including 4 bedrooms, 4.5 bathrooms, and a 760-square-foot loggia off the dining room, kitchen, and one of the bedrooms. The 36-foot great room has 14-foot-high ceilings. The unit has views in all directions. Amenities in the building include doormen, fitness center, children’s playroom, landscaped terrace, and an entertainment lounge.
The No. 2 contract was a townhouse at 160 East 83rd Street, asking $17.5 million, reduced from $18.5 million when it was listed in June 2023. The 5-story, 18-foot-wide house has 8,000 square feet including 5 bedrooms and 6.5 bathrooms, 5 gas fireplaces and an elevator. The house has a 54-foot-wide garden with an extension built above it that features an interior gym/basketball court. Annual taxes total $118,355.