Seventeen contracts were signed last week in Manhattan at $4 million and above, an eye-popping 24 fewer than the previous week. Which means the recent 4-week streak of escalating sales totals is over. Condos outsold co-ops, 12-1, with 4 townhouses in the mix.
Stat Geek Alert The 17 total was the lowest President’s Day week since 2016, when 13 contracts were signed.
The No. 1 contract was a Penthouse at 345 West 14th Street, asking $22 million.
The condo has 3,734 square feet including 3 bedrooms, 2.5 bathrooms, and 4 landscaped terraces that total 1,929 square feet. The unit has views in
all directions and a spectacular landscaped terrace on the top floor featuring an outdoor kitchen. Amenities include a doorman and fitness center.
The No. 2 contract was the 48th floor at 430 East 58th Street, asking $16 million, reduced from $19.95 million when the building started marketing in 2022. The condo has 4,765 square feet including 4 bedrooms and 3.5 bathrooms with spectacular views in all directions. A 33-foot living room and a 19-foot dining room overlook the East River. Amenities include doormen, a fitness center with a lap pool, training studio, infrared saunas, spa and treatment room, children’s playroom, lounge, and private dining room.