Twenty-four contracts were signed last week at $4 million and above, including 8 properties that sold at asking prices of $10 million or more. Condos outsold co-ops, 14 to 5, and 5 townhouses added to the total. More than half of the deals were Downtown.
The No. 1 contract was PH2003 at 1 Central Park South, asking $33.95 million, reduced by $1 million when it went on the market in September. This Plaza Hotel duplex condo has 3,947 square feet including 3 bedrooms and 3.5 bathrooms with magnificent views of Central Park. Downstairs features a 40-foot living room with a fireplace, and upstairs are bedrooms that open onto a narrow 82-foot terrace. The unit was last purchased in 2008 for $22,947,444.
The No. 2 contract was the 11th floor at 810 Fifth Avenue, asking $22 million, reduced from $24 million when it went on the market in March. This full-floor co-op has been reconfigured from 11 rooms into 8 rooms, and features a spectacular 46-foot living room/dining room with a fireplace facing Central Park. It has a library, master bedroom, study, eat-in kitchen, and a staff room.
EAST SIDE | WEST SIDE | MIDTOWN | DOWNTOWN | Asking $/sq.ft. | Totals | |
---|---|---|---|---|---|---|
Co-ops | 1 | 1 | 0 | 3 | Avg.Ask: $8,467,000 |
5 |
Condos | 0 | 2 | 3 | 9 | Avg.Ask: $10,022,857 Avg.$/sq.ft.: $3,308/sq.ft. Avg.Size: 3,030 sq.ft. |
14 |
Condop* | 0 | 0 | 0 | 0 | Avg.Ask: |
0 |
Townhouses | Avg.Ask: $7,835,000 Avg.$/sq.ft.: $1,664/sq.ft. Avg.Size: 4,710 sq.ft. |
5 | ||||
TOTALS | 4 | 4 | 3 | 13 | 24 |
CLICK HERE TO VIEW 19 CONTRACTS SIGNED ON APARTMENTS
CLICK HERE TO VIEW 5 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 |