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


Related Articles

arrow_forward_ios
From left: 182 East 64th Street and 520 West 28th Street (Getty Images, Brown Harris Stevens, Godsfriendchuck, CC BY-SA 4.0 - via Wikimedia Commons)
Manhattan luxury contracts hold steady in September
Manhattan luxury contracts hold steady in September
Dart Enterprises' Ken Dart and 175 Water Street (Getty Images, Google Maps, YouTube/WORLD TOP 10 OFFICIAL)
Reclusive billionaire buying former AIG headquarters
Reclusive billionaire buying former AIG headquarters
35 Hudson Yards (35 Hudson Yards, Getty)
Manhattan luxury contracts ticked up as Dow plummeted
Manhattan luxury contracts ticked up as Dow plummeted
2 East 82nd Street (Illustration by Kevin Cifuentes for The Real Deal with Getty Images, Streeteasy)
Manhattan luxury market bounces back with 21 contracts
Manhattan luxury market bounces back with 21 contracts
100 Eleventh Avenue (Google Maps, Getty Images)
Heatstroke: Manhattan luxury market struggles to sign contracts
Heatstroke: Manhattan luxury market struggles to sign contracts
95 Charles Street (Illustration by Kevin Cifuentes for The Real Deal with Getty, Streeteasy)
Manhattan luxe sees 28 contracts signed in first half of August
Manhattan luxe sees 28 contracts signed in first half of August
565 Broome Street, Heat Wave
Manhattan’s luxury market records slowest week since 2020
Manhattan’s luxury market records slowest week since 2020
JDS Development's Michael Stern with 111 West 57th Street (JDS Development/SHoP Archictects)
111 West 57th Street snatches Manhattan’s priciest contract
111 West 57th Street snatches Manhattan’s priciest contract
arrow_forward_ios

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

Loading...