Sixteen contracts were signed last week at $4 million and above, a total that is neither too hot nor too cold but just about right for a week heading into Labor Day.
The No. 1 contract was Unit 2 at 13 Harrison Street, asking $11.5 million, reduced from $16.995 million when it went on the market in June of 2017. 13 Harrison is a 24-foot-wide building converted into a condominium with one residential unit and one ground-floor unit with mixed-use zoning for commercial and residential. Unit 2 is the residential portion with 8,442 square feet over 5 floors. It has 6 bedrooms, 6 bathrooms, an elevator, skylights, and terraces that total 1,600 square feet. The contract indicates a loss on sale--the owner paid $13.65 million in June of 2007.
The No. 2 slot was a tie between 2 properties—a co-op and a townhouse, both asking $9.950 million. The co-op is the 17th floor of 812 Fifth Avenue owned by billionaire hedge funder and Milwaukee Bucks co-owner Marc Lasry, who paid $10.6 million in May 2011. This 1-bedroom, 2-bathroom unit has spectacular views of Central Park from the living room, library, and den. The apartment is surrounded by terraces.
The other property asking $9.950 million was a brownstone at 52 West 85th Street, asking $9.950 million. It is owned by Columbia University, and was the former home of Columbia economics professor Jeffrey Sachs. The 20-foot-wide house has 6,266 square feet including 6 bedrooms, 7 bathrooms, 2 powder room, 8 wood-burning fireplaces, and a large garden.
EAST SIDE | WEST SIDE | MIDTOWN | DOWNTOWN | Asking $/sq.ft. | Totals | |
---|---|---|---|---|---|---|
Co-ops | 2 | 1 | 0 | 2 | Avg.Ask: $6,578,000 |
5 |
Condos | 0 | 2 | 2 | 5 | Avg.Ask: $7,055,722 Avg.$/sq.ft.: $2,236/sq.ft.` Avg.Size: 3,155sq.ft. |
9 |
Condop* | 0 | 0 | 0 | 0 | Avg.Ask: |
0 |
Townhouses | Avg.Ask: $9,425,000 Avg.$/sq.ft.: $1,946/sq.ft. Avg.Size: 4,843 sq.ft. |
2 | ||||
TOTALS | 2 | 4 | 2 | 8 | 16 |
CLICK HERE TO VIEW 14 CONTRACTS SIGNED ON APARTMENTS
CLICK HERE TO VIEW 2 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 |