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
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”
From left: A photo illustration of William Lie Zeckendorf and Arthur W. Zeckendorf along with 15 Central Park West (BHS USA, Google Maps, iStock)
Zeckendorf’s 15 CPW snatches Manhattan’s top contract amid market dip
Zeckendorf’s 15 CPW snatches Manhattan’s top contract amid market dip
301 East 80th Street, Priciest
Beckford Tower penthouse leads Manhattan’s priciest contracts
Beckford Tower penthouse leads Manhattan’s priciest contracts
109 East 79th Street
17-foot ceilings help Legion condo snag priciest contract of the week
17-foot ceilings help Legion condo snag priciest contract of the week
53 West 53rd Street (53 West 53, iStock, Illustration by Kevin Cifuentes for The Real Deal)
Manhattan luxury contracts kick back for Memorial Day
Manhattan luxury contracts kick back for Memorial Day
25 North Moore Street (Compass, iStock, Illustration by Kevin Cifuentes for The Real Deal)
Manhattan luxury market slumps back toward normal
Manhattan luxury market slumps back toward normal
366 State Street and 37 Sidney Place in Brooklyn (Corcoran, Zillow)
Passive house asking $15M tops Brooklyn contracts
Passive house asking $15M tops Brooklyn contracts
100 Eleventh Avenue (iStock, Rhododendrites/CC BY-SA 4.0, via Wikimedia Commons, Illustration by Kevin Cifuentes for The Real Deal)
Lower-end listings dominate Manhattan’s luxury deals
Lower-end listings dominate Manhattan’s luxury deals
arrow_forward_ios

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

Loading...