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

$39.5 million penthouse at 737 Park Avenue was priciest unit

New York /
Apr.April 20, 2015 08:30 AM

Last week saw 32 contracts signed for $4 million or more, according to the latest Olshan Realty luxury report.

Condos outsold co-ops 22 to seven and three townhouses went into contract.

The biggest contract of the week was the penthouse at Macklowe Properties737 Park Avenue for $39.5 million. The duplex condo spans 5,772 square feet and includes more than 6,000 square feet of outdoor space. The condo — which still has to be renovated by the new owners — can include four bedrooms, a maid’s room and 6.5 bathrooms. The property was recently converted from a rental building into a condo development.

The week’s second biggest contract was a fifth floor unit at 145 Central Park West for $18.5 million. The five-bedroom, 6.5-bathroom San Remo unit had lingered on the market for a year. The unit includes a 32-foot living room, a library and a 27-foot dining room. [Olshan Realty] — Claire Moses

 
 

Related Articles

arrow_forward_ios
50 East 30th Street (Getty)
Tribeca triplex tops Manhattan luxury contracts
Tribeca triplex tops Manhattan luxury contracts
A photo illustration of 812 Park Avenue and 235 West 71st Street (Getty, Google Maps, Compass Real Estate)
Manhattan luxury market rings in the new year with a whimper
Manhattan luxury market rings in the new year with a whimper
1040 Fifth Avenue, 252 West 12th Street and 35 Hudson Yards (Godsfriendchuck, CC BY-SA 4.0, via Wikimedia Commons, Compass, SOM)
Manhattan’s luxury contracts hit Christmas week peak
Manhattan’s luxury contracts hit Christmas week peak
4 east 66th street, 432 Park Avenue, 220 Central Park South and 730 Fifth Avenue (Google Maps, 432 Park Avenue, Epicgenius CC BY-SA 4.0 via Wikimedia Commons, elPadawan CC BY-SA 2.0 via Wikimedia Commons)
Manhattan luxury market took terrible turn in 2022
Manhattan luxury market took terrible turn in 2022
From left: 605 Park Avenue and 100 Barclay Street (Getty, LoopNet, Brown Harris Stevens)
Lenox Hill, Tribeca penthouses top Manhattan luxury market
Lenox Hill, Tribeca penthouses top Manhattan luxury market
276 West 11th Street (StreetEasy, Getty)
West Village townhouse tops Manhattan luxury market
West Village townhouse tops Manhattan luxury market
50 West 66th Street and the One57 building at 157 West 57th Street (Extell Development, One57)
Extell properties top Manhattan’s luxury contracts
Extell properties top Manhattan’s luxury contracts
15 East 90th Street and 325 West Broadway (Getty, CityRealty, Streeteasy)
Thanksgiving-week buyers gobble up 15 luxury Manhattan homes
Thanksgiving-week buyers gobble up 15 luxury Manhattan homes
arrow_forward_ios

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

Loading...