Twenty contracts were signed last week at $4 million and above, and for the second time this year---the first going back to February---townhouses beat out condos and co-ops for the top two spots.
The No.1 contract goes to a property at 137 West 11th Street, asking $25.25 million. This townhouse is one of 5 houses in the Greenwich Lane condo complex, which has 194 units in 5 buildings. This 22.8-foot-wide townhouse has 7,051 square feet including 5 bedrooms, 5 bathrooms, 3 powder rooms, and an elevator; it also includes a garden and 2 terraces that total 1,187 square feet. The townhouse has use of the condo’s amenities including concierge, doorman, fitness center, pool, children’s room, and garage.
The No. 2 contract was 225 West 13th Street, asking $16 million. This 25-foot-wide house has 3 stories and 6,925 square feet. It features a 3-car garage, a recording studio (used by DFA Records) in the basement, a large elevator, and a live/work space on the 2nd and 3rd floors.
East | West | Midtown | Downtown | Asking $/sq.ft. | Totals | |
---|---|---|---|---|---|---|
Co-ops | 2 | 2 | 0 | 1 | Avg.Ask: $5,838,000 |
5 |
Condos | 1 | 2 | 3 | 6 | Avg.Ask: $8,407,083 Avg.$/sq.ft.: $2,139/sq.ft. Avg.Size: 3,626 sq.ft. |
12 |
Condops * | 0 | 0 | 0 | 0 | Avg.Ask: Avg.$/sq.ft.: Avg.Size: |
0 |
Townhouses | 1 | 0 | 0 | 2 | Avg.Ask: $16,415,000 Avg.$/sq.ft.: $3,523/sq.ft.. Avg.Size: 4,660 sq.ft. |
3 |
TOTALS | 4 | 4 | 3 | 9 | 20 |
CLICK HERE TO VIEW 17 CONTRACTS SIGNED ON APARTMENTS
CLICK HERE TO VIEW 3 CONTRACTS SIGNED ON TOWNHOUSES
Donna Olshan President dso@olshan.com |
Emily Chen Private Wealth Real Estate Services Chief of Research ecc@olshan.com |