The Real Deal New York

30 contracts signed for $4M or more in second week of April

Units at 224 Mulberry Street and 150 Central Park South were the week's most expensive

The average price of the 30 contracts that were signed for $4 million or more was lower than in previous weeks, according the latest Olshan Realty luxury report.

The average price came down to $6.4 million, far below the $8.6 million average since the start of 2015.

A $13.5 million unit at Flank Development’s 224 Mulberry Street was last week’s priciest deal. The condo includes four bedrooms, 3.5 bathrooms, a wood-burning fireplace and two outdoor terraces. The apartment spans 4,160 square feet. Other units in the eight-story boutique development have been sold for more than $3,200 per square foot.

The second biggest contract of the week was $13 million for unit 2401 at 150 Central Park South. The Hampshire House co-op was first listed in September for $14.9 million. The unit includes three bedrooms and 2.5 bathrooms as well as Central Park Views from most rooms of the apartment. [Olshan Realty] — Claire Moses