Buyer nabs $8.8M co-op with mirrored room, stripper pole

Flamboyant home one of eight in Manhattan above $4M to go into contract last week

New York /
Jan.January 07, 2020 12:30 PM
136 Grand Street, #3WR

136 Grand Street, #3WR

It’s a house fit for a party.

Complete with a stripper pole, a hydraulic table that rises from the floor and a tap with three types of sake, unit 3WR at 136 Grand Street — asking $8.8 million — went into contract as New Yorkers welcomed in the New Year.

The 4,000-square-foot co-op, which has two bedrooms and four bathrooms, was one of only eight homes priced above $4 million to go into contract last week, down from 12 in the same period last year, according to the latest Olshan luxury report. Steve Gold of Corcoran represented the seller.

It was a slow start to the year for the luxury market after two months of buoying numbers capped off a volatile 2019, which overall saw inventory pile up and foreign buyers retreat.

Donna Olshan, the owner and president of Olshan Realty, which compiles the weekly report, said the dip in signings could just come down to timing. “The fact that both holidays — Christmas and New Year — ended in the middle of the week probably chewed a lot of it up,” she said.

Because of weather and other factors, January is not a great month for the luxury market, she added.

The priciest home to go into contract last week was a nine-room co-op at 300 Central Park West asking $10 million. The 22nd-floor apartment has three bedrooms, 4.5 bathrooms, and a living room that looks out over Central Park. The seller bought it for $4.5 million in May 2000.

No townhouses made the weekly list, which was an even split of four condos and four co-ops.

The total asking price of all the properties was $50.1 million. The median asking price was $5.6 million.

Between the original and final asking price, there was an average price discount of just 1%.

Do you have tips about the luxury market? Write to Sylvia Varnham O’Regan at [email protected].


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
From left: One57 and HNA Group’s Chen Feng, 15 Hudson Yards, 188 E 64th Street and Barry Skolnick (Photos via Getty, StreetEasy, 15 Hudson Yards)
Luxury market hot streak rolls on as Hudson Yards and One57 condos find buyers
Luxury market hot streak rolls on as Hudson Yards and One57 condos find buyers
The $8.9 million Mill Basin property (Douglas Elliman)
Massive Mill Basin townhouse tops Brooklyn contracts
Massive Mill Basin townhouse tops Brooklyn contracts
Meet the 20-somethings funneling their crypto millions into real estate
Meet the 20-somethings funneling their crypto millions into real estate
Meet the 20-somethings funneling their crypto millions into real estate
Cohabs' CEO Youri Dauber and James Grasso (Twitter, LinkedIn)
European co-living company Cohabs plans $50M NYC expansion
European co-living company Cohabs plans $50M NYC expansion
 Jay Bialsky and 2 West Water Street in Sag Harbor (Getty, renderings via Bespoke Real Estate)
The drama behind Jay Bialsky’s $25M listing in Sag Harbor
The drama behind Jay Bialsky’s $25M listing in Sag Harbor
arrow_forward_ios

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

Loading...