There were 22 deals last week in Manhattan’s luxury market: Olshan

Priciest deal was for $19M for a unit at 1 Central Park West/Trump International

TRD New York /
Jun.June 17, 2019 10:00 AM
1 Central Park West and 30 Riverside Boulevard

1 Central Park West and 30 Riverside Boulevard

Manhattan’s luxury market saw 22 contracts signed last week for a total of about $195 million, according to the latest report from Olshan Realty.

The contracts signed at $4 million or above were split between 16 condominiums, four townhouses and two co-ops.

Sales and dollar volume were both up from the week before, when the market saw 20 contracts signed for about $160 million. This marked the eighth week in a row with 20 or more sales.

The top sale last week was for a unit at 1 Central Park West, which was asking slightly less than $19 million. The Trump International unit was reduced from $30 million when it initially hit the market in September 2017. The four-bedroom unit spans 4,415 square feet, and the owner bought it in April 2013 for $16.25 million.

Second place went to a penthouse at 30 Riverside Boulevard, which was asking $18 million. The four-bedroom unit spans 4,694 square feet and is the most expensive contract so far in 2 Waterline Square, part of the Waterline Square complex being developed between 59th and 61st streets on Riverside.

Other contracts signed last week included a townhouse at 60 West 9th Street for $11.5 million and a co-op at 995 Fifth Avenue for $11.2 million. The properties spent an average of 491 days on the market last week and had an average discount of 15 percent from the original to the final asking price. [Olshan] – Eddie Small


Related Articles

arrow_forward_ios
Here are the week’s top luxury sales

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”

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

Here are the week’s top luxury sales
209 Dean Street and 315 Adelphi Street (Google Maps)

Sprawling Brooklyn townhouses drive week’s priciest deals

Sprawling Brooklyn townhouses drive week’s priciest deals
Andre Balazs  and 158 Mercer Street (Getty; Google Maps)

André Balazs lists lavish Soho condo for $12M

André Balazs lists lavish Soho condo for $12M
220 Central Park South and Steve Roth (Google Maps, Getty)

Another 220 Central Park South condo sells for $61.6M

Another 220 Central Park South condo sells for $61.6M
301 East 80th Street and 27 East 79th Street

Manhattan records 10 luxury deals in week after Labor Day

Manhattan records 10 luxury deals in week after Labor Day
HFZ Capital chairman Ziel Feldman and the XI sales gallery at 25-27 Little West 12th Street (Photos via Owen Hoffmann/Patrick McMullan via Getty Images; Craig Barritt/Getty Images for XI Gallery)

HFZ extends XI sales gallery lease, ending lawsuit

HFZ extends XI sales gallery lease, ending lawsuit
arrow_forward_ios

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

Loading...