Twenty-two contracts were signed last week at $4 million and above, the first time in almost 4 months that the luxury market registered 3 straight weeks of 20+ sales. Townhouses had another strong week with 5 deals reported.
The No.1 contract was PH53 at 56 Leonard Street, asking $27 million, reduced from $35 million when it went on the market in February of 2017, a month after it was purchased for $29,082,694. The unit has 6,400 square feet including 4 bedrooms, 4.5 bathrooms, and 3 terraces. It has 14-foot ceilings in the living room and panoramic views of the city and Hudson River. 56 Leonard, designed like a glass obelisk by Pritzker Prize-winning architects Herzog & de Meuron, is a 60-story condo with 145 units. Amenities include a fitness room, 75-foot Infinity-edge lap pool, landscaped sundeck with a hot tub, children’s playroom, conference center, and catering kitchen.
The No.2 contract was a new townhouse at 135 West 11th Street, asking $25 million. This 22.75-foot-wide house has 6,998 square feet including 5 bedrooms, 3 powder rooms, 2 fireplaces, and an elevator. There is 1,200 square feet of outdoor space including a garden and 2 rooftop terraces. The house is part of the Greenwich Lane, a 5-building complex comprised of 193 condos and 5 townhouses all developed by the Rudin Organization and Global Holdings. The townhouse has access to the building amenities that include a concierge, doorman, parking, fitness center, a 25-meter swimming pool, golf simulator, garden, residents’ lounge, and children’s playroom.
EAST SIDE | WEST SIDE | MIDTOWN | DOWNTOWN | Asking $/sq.ft. | Totals | |
---|---|---|---|---|---|---|
Co-ops | 4 | 2 | 0 | 1 | Avg.Ask: $4,975,000 |
7 |
Condos | 3 | 1 | 0 | 6 | Avg.Ask: $10,772,000 Avg.$/sq.ft.: $3,173/sq.ft. Avg.Size: 3,395 sq.ft. |
10 |
Condop* | 0 | 0 | 0 | 0 | Avg.Ask: |
0 |
Townhouses | Avg.Ask: $14,448,000 Avg.$/sq.ft.: $2,533/sq.ft. Avg.Size: 5,705 sq.ft. |
5 | ||||
TOTALS | 9 | 3 | 1 | 9 | 22 |
CLICK HERE TO VIEW 17 CONTRACTS SIGNED ON APARTMENTS
CLICK HERE TO VIEW 5 CONTRACTS SIGNED ON TOWNHOUSES |
Donna Olshan, President |
Emily Chen, Private Wealth Real Estate Services
|
Donna Olshan President dso@olshan.com |
Emily Chen Private Wealth Real Estate Services Chief of Research ecc@olshan.com |