21 contracts signed at $4M and up: Olshan

No. 1 contract was West Village house asking $18.5M

New York /
Feb.February 08, 2016 10:31 AM

Manhattan buyers scooped up 21 pads asking $4 million and more last week, a slight bump from the 18 contracts signed a week earlier, according to Olshan Realty’s weekly luxury market report.

For the week of Feb. 1-7, the total weekly asking price sales volume was $140.8 million, with an average asking price of $6.7 million. The average discount was four percent, and the average number of days on market was 199.

The No. 1 contract was a house at 447 Hudson Street, which was asking $18.5 million for a home in need of renovation. The property – comprised of two buildings on a double lot – measures 4,466 square feet and has a restaurant on the ground level. It’s currently configured as four apartments. The prior owner paid $250,000 for the house in 2003 and renovated it.

The No. 2 contract – another house – was at 17 Harrison Street in Tribeca, which was asking $12.995 million, down from $13.5 million when it hit the market in June. The 23-foot wide house has 5,700 square feet. It’s currently configured as an owner’s triplex and ground-floor apartment. [Olshan] – E.B. Solomont


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
9 Prospect Park West and 2 Northside Piers in Williamsburg (Photos via Google Maps and 2 Northside Piers/Facebook)
A Park Slope co-op was one of the priciest deals inked last week
A Park Slope co-op was one of the priciest deals inked last week
40 Meadow Lane, Southampton
New Hamptons sales and listings promise ocean views… and eternal life
New Hamptons sales and listings promise ocean views… and eternal life
The $8.9 million Mill Basin property (Bergen Basin Realty)
Massive Mill Basin townhouse tops Brooklyn contracts
Massive Mill Basin townhouse tops Brooklyn contracts
Steve Cohen and 151 East 158th Street (Getty, Google Maps)
Steve Cohen’s $30M condo sells above asking — after a 74% cut
Steve Cohen’s $30M condo sells above asking — after a 74% cut
85 Jay Street (Winick, iStock)
An $8M Dumbo condo tops Brooklyn’s luxury contracts
An $8M Dumbo condo tops Brooklyn’s luxury contracts
arrow_forward_ios

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

Loading...