21 contracts signed at $4M and up: Olshan

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

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

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”

Here are the week’s top luxury sales

Here are the week’s top luxury sales

Marc Jacobs with 68 Bethune Street (Credit: Jacobs by Randy Brooke/WireImage; Townhouse by Nest Seekers via StreetEasy)

Marc Jacobs gets what he paid for West Village pad: $10.5M

The Gretsch at 60 Broadway in Williamsburg. (Credit: Douglas Elliman via StreetEasy)

Williamsburg pad hits market for almost $9M

Dennis and Karen Mehiel with 3 East 95th Street (Photo by Will Ragozzino/Patrick McMullan via Getty Images; Sotheby's)

Carhart Mansion duplex returns to market after four years

Ghost Towers

NYC’s ghost towers: How many Manhattan luxury condos are owned by people who don’t live there?

The Fifth Avenue and East 66th Street apartment and J. Christopher Flowers (Credit: Getty Images)

J. Christopher Flowers nears deal for $50M UES co-op