23 contracts signed at $4M and above last week: Olshan

The top two contracts were on penthouses at the Shephard

TRD New York /
Sep.September 18, 2017 10:30 AM

From top: #PHA and #PHC at 275 West 10th Street

The number of luxury contracts signed last week jumped to above 20 for the first time in nearly three months.

There were 23 contracts signed at $4 million and above last week, according to the weekly report from Olshan Realty.

There were 16 contracts on condominiums (with an average asking price of $9.1 million), there were five contracts for co-ops ($7.7 million) and two were for townhouses ($6.2 million).

The top two contracts were both at Naftali Group’s condo conversion the Shephard at 275 West 10th Street. Penthouse C, asking $29.5 million, has five bedrooms, five bathrooms across 5,985 square feet. It also features a 1,536-square-foot terrace. Penthouse A spans 3,846 square feet and features three bedrooms, three bathrooms and a 1,915-square-foot terrace.

The total weekly asking price sales volume was $197.1 million, according to Olshan. The median asking price was $7 million. The average discount from original asking price to last asking price was 5 percent. The average number of days on market was 511. [Olshan]Miriam Hall


Related Articles

arrow_forward_ios
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

Compass SoCal boss Nick Segal steps down

Compass SoCal boss Nick Segal steps down

Democratic State Sen. James Skoufis (Credit: NY Senate)

Real estate agents facing subpoenas after failing to appear at hearing

From left: 1 West End Avenue, 161 West 13th Street and 66 Ninth Avenue (Credit: StreetEasy and Wikipedia)

Porter House penthouse among NYC’s 5 priciest homes to hit the market last week

15 East 90th Street (Credit: Google Maps)

Lonely townhouse finds a match after years on market

From left: renderings of 1 Propect Park West, 85 Jay Street and 98 Front Street in Brooklyn (Credit: StreetEasy)

The priciest Brooklyn condo filings of 2019

arrow_forward_ios
Loading...