There were 25 deals last week in Manhattan’s luxury market: Olshan

Priciest deal was a roughly $22M condo at 130 West 12th Street

TRD New York /
Apr.April 29, 2019 09:05 AM
130 West 12th Street and 122 Greenwich Avenue (Credit: Google Maps)

130 West 12th Street and 122 Greenwich Avenue (Credit: Google Maps)

Manhattan’s luxury market saw 25 contracts signed last week for a total of about $187 million, according to the latest report from Olshan Realty.

The contracts signed at $4 million or above were split between 19 condos and six co-ops.

Total sales and dollar volume were both up from the week before, when 19 contracts were signed for about $139 million.

The top contract last week was for a penthouse unit at 130 West 12th Street, which was asking for $21.5 million. It is owned by fashion mogul Andrew Rosen and has been on and off the market since September. The two-bedroom unit spans 3,875 square feet and includes a wraparound terrace and a fireplace.

The second priciest deal was for a penthouse unit at 122 Greenwich Avenue, which was asking for $16.9 million, down from $23.95 million when it hit the market a year ago. The four-bedroom condo is a triplex spanning 5,574 square feet with two fireplaces.

Other contracts signed last week included a $10.95 million condo at 17 East 12th Street and a $9.15 million coop at 555 Park Avenue.

The properties spent an average of 422 days on the market last week and had an average discount of 12 percent from the original to the final asking price. [Olshan Realty] – Eddie Small

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