Twenty-three contracts were signed last week at $4 million and above, the highest total since the first week in August. Included in the number were 4 townhouse deals, which were reported after 3 straight weeks of zero sales.
The No. 1 contract was a brownstone at 311 West 90th Street, asking $12.25 million reduced from $13.9 million when it went on the market in September 2015. It was purchased for $3.5 million in December 2012 and gut renovated. This 6-story, 20-foot-wide house has 6,550 square feet including 5 bedrooms, 5 bathrooms, 3 powder rooms, 3 fireplaces, an elevator, a 1000-bottle wine cellar, and a beautifully landscaped garden, plus 2 terraces. The rear of the house features floor-to-ceiling, glass-and-steel windows.
The No. 2 contract was unit 16 at 221 West 77th Street, asking $10.35 million. This new condo has 3,300 square feet including 5 bedrooms, 4.5 bathrooms, and a 110-square-foot terrace off the living room. The building opened for sale in September 2015, and is reporting 16 out of 26 units in contract, averaging an asking price of $2,711/sq.ft. Amenities include a doorman, garage, a gym with a half-court basketball, a library with a billiards table, and a rooftop terrace for residents.
East | West | Midtown | Downtown | Asking $/sq.ft. | Totals | |
---|---|---|---|---|---|---|
Co-ops | 1 | 0 | 1 | 0 | Avg.Ask: $5,600,000 |
2 |
Condos | 1 | 6 | 1 | 9 | Avg.Ask: $6,276,471 Avg.$/sq.ft.: $2,438/sq.ft. Avg.Size: 2,575 sq.ft. |
17 |
Condops * | 0 | 0 | 0 | 0 | Avg.Ask: Avg.$/sq.ft.: Avg.Size: |
0 |
Townhouses | 0 | 3 | 1 | 0 | Avg.Ask: $7,273,750 Avg.$/sq.ft.: $1,350/sq.ft.. Avg.Size: 5,387 sq.ft. |
4 |
TOTALS | 2 | 9 | 3 | 9 | 23 |
CLICK HERE TO VIEW 19 CONTRACTS SIGNED ON APARTMENTS
CLICK HERE TO VIEW 4 CONTRACTS SIGNED ON TOWNHOUSES
Donna Olshan President dso@olshan.com |
Emily Chen Private Wealth Real Estate Services Chief of Research ecc@olshan.com |