Manhattan luxury breakdown: 27 deals were inked last week

Contracts signed last week included Jack Welch’s Beacon Court condo

TRD New York /
Apr.April 08, 2019 09:30 AM
151 East 58th Street and Jack Welch (Credit: Wikipedia)

151 East 58th Street and Jack Welch (Credit: Wikipedia)

Manhattan’s luxury market saw 27 contracts signed last week for a total of about $213 million, according to the latest report from Olshan Realty.

The contracts signed at $4 million or above were split between 14 condominiums, 11 co-ops and two townhouses. Total sales and dollar volume were both up from the week before, when 21 contracts were signed for about $196 million.

The top contract last week was former General Electric chairman and CEO Jack Welch’s condo at 151 East 58th Street, which had an asking price of $24.9 million, down $1 million from when it hit the market a year ago. The four-bedroom unit in the Beacon Court condo complex spans nearly 5,800 square feet.

The second priciest deal was for a condo at 145 West 11th Street, which had an asking price of $17.85 million. The full floor, four-bedroom unit in the Greenwich Lane complex spans about 4,500 square feet, and the owner bought it in 2015 for about $16.3 million.

Other contracts signed last week included a $15 million co-op at 19 East 72nd Street and a $4.8 million townhouse at 158 East 95th Street.

The properties spent an average of 454 days on the market last week and had an average discount of 5 percent from the original to the final asking price. [Olshan Realty] – Eddie Small


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”

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

60 East 93rd Street and Carlton Hobbs (Credit: Google Maps and Getty Images)

Why a $68M townhouse listing was abruptly pulled off the market

1 John Street and 74 Devoe Street in Brooklyn (Credit: StreetEasy)

Ten months, 10% below asking: Dumbo condo leads Brooklyn sales

Zillow President Jeremy Wacksman

Zillow launches its high-stakes home-flipping business in LA

220 Central Park South and 423 Park Avenue (Credit: iStock and StreetEasy)

Why ultra-luxury condo buyers are paying millions too much

arrow_forward_ios