Only 9 contracts were signed last week at $4 million and above, the 4th time this year that the weekly total fell below 10. In addition, not a single co-op contract was signed—the third time this has happened this year.
The No.1 contract was 65A at 432 Park Avenue, asking $29.9 million. The unit was purchased for $26,436,176 in December 2017. The condo has 4,019 square feet including 3 bedrooms, 4.5 bathrooms, and a library. It has 12.5’- ceilings and windows that measure 10’ x 10’, affording south, east, and north views of Central Park. 432 Park is 96 stories high with 106 units, a concrete-and-glass edifice designed by Rafael Vinoly; it 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 room, parking, a garden, and a children’s playroom.
The No. 2 contract was PH1 at 135 West 52nd Street, asking $13.5 million, reduced from $16.8 million when it was listed by the sponsor in 2015. The triplex condo has 5,153 square feet including 5 bedrooms and 4 bathrooms, plus 2 powder rooms. It has a 32-foot living room with 18-foot ceilings and 3 terraces that total 1,101 square feet. Amenities include a concierge, a fitness center with a golf simulator, a 75-foot lap pool, and children’s playroom.
EAST SIDE | WEST SIDE | MIDTOWN | DOWNTOWN | Asking $/sq.ft. | Totals | |
---|---|---|---|---|---|---|
Co-ops | 0 | 0 | 0 | 0 | Avg.Ask: |
0 |
Condos | 1 | 1 | 2 | 4 | Avg.Ask: $10,282,000 Avg.$/sq.ft.: $2,898/sq.ft. Avg.Size: 3,547 sq.ft. |
8 |
Condop* | 0 | 0 | 0 | 0 | Avg.Ask: |
0 |
Townhouses | Avg.Ask: $7,995,000 Avg.$/sq.ft.: $1,902/sq.ft. Avg.Size: 4,204 sq.ft. |
1 | ||||
TOTALS | 1 | 1 | 2 | 5 | 9 |
CLICK HERE TO VIEW 8 CONTRACTS SIGNED ON APARTMENTS
CLICK HERE TO VIEW 1 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 |