Twenty-two contracts were signed last week in Manhattan at $4 million and above, 15 fewer than the previous week. Condos outsold co-ops, 16-2, with 4 townhouses in the mix.
The No. 1 contract was 15A at 20 East 76th Street, asking $25,745,000. The condo has 4,997 square feet including 4 bedrooms and 4.5 bathrooms. A corner 19’ x 27’ great room that overlooks 76th Street and Madison Avenue opens onto a library. The unit has north, east and south exposures. It is in the new Surrey Residences, which comprise 14 condos on the 11th through 16th floors above a 99-room hotel. Ten contracts have been signed with asking prices averaging $5,034/sq.ft. Amenities include doormen, a concierge, a spa and fitness center, and a rooftop terrace, plus a restaurant.
The No. 2 contract was 7N at 140 Jane Street, asking $23.5 million; it was sold off floorplans. The condo has 4,604 square feet including 4 bedrooms and 4.5 bathrooms, plus a conservatory--a room with a stone floor and sliding glass doors that open onto a Juliet balcony. A 33’ x 26’ great room with a 9’-2” ceiling faces the Hudson River. The primary suite has 2 dressing rooms and a home office. This 11-story, 14-unit building was designed by BKSK architects and Leroy Street Studio. Amenities include a doorman, porte-cochere, automated parking garage, a lounge, fitness room, lap pool and hot tub. Six contracts have been signed in the building with asking prices averaging $5,373/sq.ft.
. | EAST SIDE | WEST SIDE | MIDTOWN | DOWNTOWN | Asking $/sq.ft. | Totals |
---|---|---|---|---|---|---|
Co-ops | 2 | 0 | 0 | 0 | Avg.Ask: $4,997,500 |
2 |
Condos | 5 | 3 | 2 | 6 | Avg.Ask: $10,299,688 Avg.$/sq.ft.: Avg.Size: |
16 |
Condop* | 0 | 0 | 0 | 0 | Avg.Ask: Avg.$/sq.ft.: Avg.Size: |
0 |
Townhouses | 1 | 1 | 1 | 1 | Avg.Ask: $11,461,250 Avg.$/sq.ft.: $2,199/sq.ft. Avg.Size: 5,213 sq.ft. |
4 |
TOTALS | 8 | 4 | 3 | 7 | . | 22 |
CLICK HERE TO VIEW 18 CONTRACTS SIGNED ON APARTMENTS
CLICK HERE TO VIEW 4 CONTRACTS SIGNED ON TOWNHOUSES |
Donna Olshan, President |
Emily Chen, Private Wealth Real Estate Services
|
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QUICK STATS
for the week of
November 18-24, 2024
Total Weekly Asking Price Sales Volume: $220,630,500
Average Asking Price: $10,028,659
Median Asking Price: $8,072,500
Average Discount from Original Ask to Last Asking Price: 10%
Average Days on Market: 630