Twenty-eight contracts were signed last week in Manhattan at $4 million and above, 10 more than the previous week’s dismal total. Condos outsold co-ops, 21-5, with 1 condop and 1 townhouse in the mix.
The No. 1 contract was the 9th floor of 2 East 67th Street, asking $44,500,000; it has been on and off the market since May 2022, starting as high as $49,000,000. It is the most expensive co-op to sell in Manhattan in 22 months. The full-floor co-op has 4 bedrooms and 5.5 bathrooms. A living room, library, and formal dining room span 60 feet overlooking Central Park. The unit was purchased for $26 million in April 2007 and then renovated. Amenities in the building include doormen, gym, storage, and wine cellar storage.
The No. 2 contract was West 34B at 500 West 18th Street, asking $25,600,000. The unit has 5,121 square feet including 4 bedrooms and 4.5 bathrooms. A 51’ x 30’ great room overlooks the Hudson River and is flanked by 2 loggias totaling 459 square feet. The unit is in a condo known as One Highline. Amenities include a fitness center, 75-foot lap pool, spa-treatment rooms, a golf simulator, children''s playroom, private dining, a games lounge, and a garage. Services are offered from the adjacent Faena Hotel, which is part of the project.
. | EAST SIDE | WEST SIDE | MIDTOWN | DOWNTOWN | Asking $/sq.ft. | Totals |
---|---|---|---|---|---|---|
Co-ops | 4 | 0 | 0 | 1 | Avg.Ask: $13,428,000 |
5 |
Condos | 2 | 3 | 4 | 12 | Avg.Ask: $8,802,619 Avg.$/sq.ft.: $3,016/sq.ft Avg.Size: 2,919 sq.ft. |
21 |
Condop* | 0 | 0 | 0 | 1 | Avg.Ask: $5,695,000 Avg.$/sq.ft.: $3,024/sq.ft. Avg.Size: 1,883 sq.ft. |
1 |
Townhouses | 0 | 0 | 0 | 1 | Avg.Ask: $5,980,000 Avg.$/sq.ft.: $1,661/sq.ft. Avg.Size: 3,600 sq.ft. |
1 |
TOTALS | 6 | 3 | 4 | 15 | . | 28 |
CLICK HERE TO VIEW 27 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 |