Twenty-six contracts were signed last week at $4 million and above, tying the total for the same week in 2018. For some more good news: It was the largest total since the third week in November 2019, when 30 contracts were signed.
Stat Geek Alert: Last week’s volume of $231,710,000 was the highest volume since the last week in June.
State Geek Alert II: Seven contracts were signed on townhouses last week, the largest number of townhouse deals since the middle of June 2016, when 8 contracts were signed.
The No.1 contract was PH11B at 90 Morton Street, asking $31 million, raised from $26.5 million when it was first offered off of floorplans in April 2018. Now finished, this duplex penthouse has 4,685 square feet including 5 bedrooms and 4.5 bathrooms. Two terraces total 1,105 square feet. The bottom floor has a 43-foot combination living and dining room that open onto a 624-square-foot terrace. Upstairs are 4 bedrooms and a 481-square-foot terrace. 90 Morton is a former printing plant converted into 12-story, 28-unit condo that started closings in June 2019. Amenities include a concierge, a covered driveway, a fitness center, a 64-foot pool, residents’ lounge, and children’s playroom. A rooftop terrace has an outdoor kitchen.
The No. 2 contract was 9E at 101 Central Park West, asking $14.75 million; it was listed only 3 weeks ago. The seller purchased the unit for $13,075,000 in February 2012, and then renovated. It has 3 bedrooms, a library, and 3.5 bathrooms. A living room with a fireplace, library, and 2 of the 3 bedrooms have a 60-foot expanse overlooking Central Park. There is also a terrace off the eat-in kitchen. 101 Central Park West is a co-op offering amenities that include a doorman, fitness center, storage bins, and a bike room.
EAST SIDE | WEST SIDE | MIDTOWN | DOWNTOWN | Asking $/sq.ft. | Totals | |
---|---|---|---|---|---|---|
Co-ops | 4 | 3 | 0 | 1 | Avg.Ask: $7,691,875 |
8 |
Condos | 0 | 3 | 1 | 7 | Avg.Ask: $9,049,545 Avg.$/sq.ft.: $2,863/sq.ft. Avg.Size: 3,161 sq.ft. |
11 |
Condop* | 0 | 0 | 0 | 0 | Avg.Ask: |
0 |
Townhouses | Avg.Ask: $10,900,000 Avg.$/sq.ft.: $1,980/sq.ft. Avg.Size: 5,097 sq.ft. |
7 | ||||
TOTALS | 5 | 7 | 1 | 13 | 26 |
CLICK HERE TO VIEW 19 CONTRACTS SIGNED ON APARTMENTS
CLICK HERE TO VIEW 7 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 |