Thirty contracts were signed last week at $4 million and above, another healthy number as 2017 winds down. Wait, there’s more! Sales totaled $356.775,000, the highest dollar volume in a year. The biggest contributing factor: a shopping spree at 432 Park Avenue.
The No.1 contract was PH92A at 432 Park Avenue, asking $40,500,000. Rumor has it that the buyer also purchased two adjoining penthouse units: PH93B, asking $40,250,000, and PH92B, asking $40 million. The sponsor’s representative would not comment on the rumor or any other transactions in the building. Each condo has 3 bedrooms and 3 bathrooms; the A-line has 3,952 square feet and the B-line has 3,977 square feet. The units feature 12.5-foot ceilings and windows that measure 10 x10 feet. This new condo is 96 stories high with 106 units, a concrete-and-glass edifice designed by Rafael Vinoly that is 1,396 feet tall and can be seen from almost anywhere in the 5 boroughs. Amenities include a fitness center, a 75-foot swimming pool, private dining, parking, a garden, and a children’s playroom.
The No. 2 contract was PH1 at 150 Wooster Street, asking $35 million. This duplex penthouse has 4 bedrooms and 5.5 bathrooms with 6,770 square feet; it also has terraces that total 3,508 square feet, including a 1,868-square-foot roof terrace in this new 8-story, 6-unit condo. 150 Wooster, which has a doorman, has reported 4 signed contracts since October.
East | West | Midtown | Downtown | Asking $/sq.ft. | Totals | |
---|---|---|---|---|---|---|
Co-ops | 3 | 0 | 0 | 1 | Avg.Ask: $7,500,000 |
4 |
Condos | 0 | 4 | 8 | 10 | Avg.Ask: $12,889,773 Avg.$/sq.ft.: $4,195/sq.ft. Avg.Size: 3,073 sq.ft. |
22 |
Condops * | 0 | 0 | 0 | 0 | Avg.Ask: Avg.$/sq.ft.: Avg.Size: |
0 |
Townhouses | 0 | 0 | 0 | 4 | Avg.Ask: $10,800,000 Avg.$/sq.ft.: $2,419/sq.ft.. Avg.Size: 4,465 sq.ft. |
4 |
TOTALS | 3 | 4 | 8 | 15 | 30 |
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 4 CONTRACTS SIGNED ON TOWNHOUSES
Donna Olshan President dso@olshan.com |
Emily Chen Private Wealth Real Estate Services Chief of Research ecc@olshan.com |