12 contracts signed last week at $4M and up: Olshan

Weekly asking price sales volume in the luxury market was $142.6M

New York /
Jan.January 19, 2015 09:21 AM

Manhattan saw 12 signed contracts for units that were $4 million or more, according to Olshan Realty’s weekly luxury market report.

Of the 12 sales, four were co-ops, six were condos and two were townhouses, according to the report. The average asking price this week was $11.9  million. In total, the weekly asking price sales volume was $142.6 million.

The week was most notable, though, for the sale of a duplex penthouse at Extell Development’s One57 being recorded for $100.5 million, as The Real Deal reported. The unit, which is located on the 89th and 90th floors, spans nearly 11,000 square feet. The sale smashes the record previously held by Ekaterina Rybolovlev’s $88 million purchase of Sanford Weill’s 15 Central Park West penthouse in 2012.

The No. 1 contract between January 12 and January 18 was a nearly 7,000-square-foot, triplex penthouse at 151 East 78th Street for $29.5 million. The apartment includes five bedrooms, seven-and-a-half bathrooms and two terraces of almost 2,000 square feet. One smaller penthouse is still available in the Peter Pennoyer-designed building. Prices in the building average about $3,000 per square foot. Stribling & Associates’ Cathy Taub had the listing.

The No. 2 contract was a townhouse at 247 Central Park West. The unit most recently asked $27.5 million, a price cut from its original $37 million price tag. The Queen Anne-style house spans 10,745 square feet and is one of the few single-family homes on Central Park West. Ukranian investor Igor Iankovsky bought the five-bedroom, eight-bathroom home in 2011 for $22.4 million. The house includes an indoor 60-lap pool. Sotheby’s International Realty’s Vannessa Kaufman had the listing. — Claire Moses


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
48 East 81st Street
5 enviable abodes on the Upper East Side
5 enviable abodes on the Upper East Side
9 East 68th Street, 22 East 67th Street (elliman.com, streeteasy.com)
Manhattan luxury market breaks single-week record for contract signings
Manhattan luxury market breaks single-week record for contract signings
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
85 Jay Street (Williams New York)
Condos at 85 Jay Street claimed last week’s 3 priciest Brooklyn contracts
Condos at 85 Jay Street claimed last week’s 3 priciest Brooklyn contracts
Year-high 60 Manhattan luxury contracts signed as travel ban lifts
Year-high 60 Manhattan luxury contracts signed as travel ban lifts
Year-high 60 Manhattan luxury contracts signed as travel ban lifts
arrow_forward_ios

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

Loading...