30 contracts signed for $4M or more in fourth week of June

First six months of 2015 saw 751 deals at that price point, up 49 from a year ago

New York /
Jun.June 29, 2015 08:03 AM

The last week of June saw 30 contracts signed for $4 million or more. The biggest two deals of the week were both townhouses.

The biggest deal was a house at 42 West 71st Street for $19.95 million. The original asking price had been $23.5 million in October 2013. The brownstone spans 8.560 square feet, has five bedrooms, seven bathrooms, two powder rooms and an elevator. The home — which was renovated — Also Comes With A Private Terrace and a garden.

Last week’s second biggest contract was 340 West 12th Street for $14 million. The house had been on the market since April 2014. It was originally listed for $27 million. The four-story property includes a carriage house in its backyard. The home last traded hands in 2011 for $11 million.

The last week of June also capped off a strong first half of the year for the luxury market. The first six months of 2015 saw 751 contracts signed for $4 million or more, according to the Olshan Realty luxury report, 49 more than during the same period last year.

In total, $6.1 billion in contracts were signed during the first half of the year, compared to 2014’s $5.8 billion. [Olshan Realty] — Claire Moses

 
 
 

Related Articles

arrow_forward_ios
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
The Birch Group CEO Mark Meisner and 700 Alexander Park Drive (LinkedIn)
Birch Group buys Princeton office portfolio from BentallGreenOak
Birch Group buys Princeton office portfolio from BentallGreenOak
PHE at 51 Jay Street and 4 Hunts Lane (Compass)
Dumbo penthouse leads Brooklyn’s luxury market
Dumbo penthouse leads Brooklyn’s luxury market
605 3rd Street and Casper's Luke Sherwin (Leslie Garfield, Getty)
Casper co-founder pays $500K over ask for Park Slope townhouse
Casper co-founder pays $500K over ask for Park Slope townhouse
Douglas Elliman CEO Dottie Herman on FOX
Elliman CEO: ‘People are afraid to walk in NYC’
Elliman CEO: ‘People are afraid to walk in NYC’
Village Preservation executive director Andrew Berman (iStock, Village Preservation)
Manhattan CB2 votes against Soho/Noho rezoning
Manhattan CB2 votes against Soho/Noho rezoning
arrow_forward_ios

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

Loading...