Manhattan luxury market has biggest week of year

New York /
Feb.February 25, 2013 11:30 AM

Last week was the biggest week of the year for the Manhattan luxury sales market, a new report shows.

Deals for 28 properties asking $4 million and above and totaling $230.3 million wrapped up in the week of Feb. 18, according to the weekly numbers provided by Olshan Realty.

The Upper East Side had more than half of the sales, including four at 135 East 79th Street, the report said. Seventy-three percent of the apartments in the 30-unit condo, which opened in October, are in contract.

The largest contract was for a second-floor unit in the Abingdon, at 320 West 12th Street. The asking price was $25 million. Among the features of the 9,615-square-foot triplex: a 35-foot living room, a 24-foot formal dining room, a library and two fireplaces.

A six-story townhouse at 45 East 65th Street took second place; the asking price had been reduced from $29 million to $24.5 million. The 28-foot-wide home has 13,056 square feet and features an elevator, a grand staircase and 12 fireplaces. Despite the price, the building needs a complete renovation. —Christopher Cameron


Related Articles

arrow_forward_ios
Here are the week’s top luxury sales
Here are the week’s top luxury sales
Here are the week’s top luxury sales
Clockwise from left: John D. Rockefeller, Izzy Englander, Steven Mnuchin, David Koch, Jacqueline Bouvier, and William Zeckendorf (Credit: Getty Images and StreetEasy)
For 15 years, David Koch lived at the world’s “richest building”
For 15 years, David Koch lived at the world’s “richest building”
Here are the week’s top luxury sales
Here are the week’s top luxury sales
Here are the week’s top luxury sales
$10M Brooklyn Heights townhouse leads Brooklyn’s luxury contracts into December
$10M Brooklyn Heights townhouse leads Brooklyn’s luxury contracts into December
$10M Brooklyn Heights townhouse leads Brooklyn’s luxury contracts into December
Tech entrepreneur behind record-breaking $22.5M Chelsea townhouse sale
Tech entrepreneur behind record-breaking $22.5M Chelsea townhouse sale
Tech entrepreneur behind record-breaking $22.5M Chelsea townhouse sale
Brownstones rule Brooklyn’s luxury market Thanksgiving week
Brownstones rule Brooklyn’s luxury market Thanksgiving week
Brownstones rule Brooklyn’s luxury market Thanksgiving week
48 East 81st Street
5 enviable abodes on the Upper East Side
5 enviable abodes on the Upper East Side
Sterling Equities Chairman Fred Wilpon and 334 West 20th Street (Getty, Compass)
Sterling Equities’ $22M Chelsea townhouse sale claims neighborhood record
Sterling Equities’ $22M Chelsea townhouse sale claims neighborhood record
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...