Buyer scoops up $54M penthouse at 443 Greenwich

Olshan Realty reports 28 contracts at $4M-plus last week

New York /
May.May 09, 2016 10:15 AM

Nathan Berman’s Metro Loft has found a buyer for its $54 million penthouse at 443 Greenwich Street in Tribeca.

The triplex was put under contract last week, according to Olshan Realty’s weekly market report, which said the ultra-luxe condo was one of 28 contracts signed at $4 million and up.

For the week of May 2 through 8, the total weekly asking price sales volume was $237.6 million. The average asking price was $8.5 million with an average discount of 5 percent. The average number of days on market was 275. During this week last year, 32 contracts were signed and the total asking sales volume was $222 million. The average unit during the first week of May 2015 was on the market 251 days.

The spread at 443 Greenwich, a 53-unit, seven-story condominium, is one of eight penthouses in the development and spans 8,908 square feet. Its $54 million price tag worked out to an asking price of $6,061 per foot. It has five bedrooms, six baths, and a 3,246-square-foot terrace with a plunge pool and second kitchen. The pad includes two private parking spaces. Cantor and Pecorella is marketing the development.

The No. 2 contract was a three-bedroom pad at 33 East 74th Street, a condo building in a row of brownstones next to the former Whitney Museum. It was asking $14.75 million. [Olshan Realty] – E.B. Solomont


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