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38 contracts signed for $4M or more last week

Co-op at 895 Park Avenue was the week's priciest pad with $18 million

From left: 895 Park Avenue, The Plaza Hotel and unit 607 at The Plaza Hotel
From left: 895 Park Avenue, The Plaza Hotel and unit 607 at The Plaza Hotel

The second week of May saw 38 signed contracts for $4 million or more, according to the latest Olshan Realty luxury market report.

Four townhouses were sold, nine co-ops and 25 condos.

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The biggest sale of the week was a duplex at 895 Park Avenue at 79th Street for $18 million. The three-bedroom, 5.5-bathroom co-op had been listed in late April. The pad also includes three planting terraces, a paneled library and a dining room. It was last sold for $12.7 million in 2005.

Unit 607 at 1 Central Park South was the week’s second biggest contract, with $15 million. This Plaza Hotel condo, which spans 2,248 square feet, includes three bedrooms and three bathrooms. The unit, which has views over Central Park, was last sold for $13 million in 2011. [Olshan Realty] — Claire Moses 

 

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Donna OlshanOlshan Realty