Twenty-seven contracts were signed last week at $4 million and above, the third time in the last 4 weeks that the total exceeded 20 sales. Condos outsold co-ops, 23-3, and 1 townhouse was in the mix. Half of the apartments were sold by developers.
The No.1 contract was Apartment 2 at 320 West 12th Street, asking $33.5 million, which sold within a month of listing. It is owned by hedge fund billionaire Steven Cohen, who paid $23,419,750 when he bought it as a new condo in June 2013. He then renovated the 9600-square-foot triplex, which features a dramatic double-height entrance gallery, a 34-foot great room, 5 bedrooms, 4.5 bathrooms, a library, formal dining room, a large eat-in kitchen, courtyard, private gym, and laundry room. It is in the Abingdon condo, a boutique building with only 10 units that opened for sale in 2012. Amenities include a doorman, gym, and storage.
The No. 2 contract was PH77B at 30 Park Place, sold by the sponsor with an asking price of $16.45 million, reduced from $18.875 million. It is in the new 82-story Four Season condo that was designed by Robert A.M. Stern, and opened for sales in 2014. The unit has 3,173 square feet with 3 bedrooms, 4.5 bathrooms, and 2 small terraces off the family room and master bedroom suite. Amenities include access to hotel services, 24-hour doorman and bellman, a fitness center, a 75-foot swimming pool, children’s playroom, conservatory with adjacent loggia, a screening room, a private dining room with a catering kitchen.
EAST SIDE | WEST SIDE | MIDTOWN | DOWNTOWN | Asking $/sq.ft. | Totals | |
---|---|---|---|---|---|---|
Co-ops | 2 | 0 | 0 | 1 | Avg.Ask: $7,665,000 |
3 |
Condos | 3 | 5 | 4 | 11 | Avg.Ask: $7,555,434 Avg.$/sq.ft.: $2,744/sq.ft. Avg.Size: 2,754 sq.ft. |
23 |
Condop* | 0 | 0 | 0 | 0 | Avg.Ask: |
0 |
Townhouses | Avg.Ask: $4,999,000 Avg.$/sq.ft.: $1,157/sq.ft. Avg.Size: 4,320 sq.ft. |
1 | ||||
TOTALS | 5 | 5 | 5 | 12 | 27 |
CLICK HERE TO VIEW 26 CONTRACTS SIGNED ON APARTMENTS CLICK HERE TO VIEW PAGE 2 OF 26 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 |