$26M UWS duplex leads busy week for Manhattan luxury deals

54 homes asking $4M+ went into contract in one of the market’s busiest weeks this year

New York /
Dec.December 20, 2021 02:00 PM
$26M UWS duplex leads busy week for Manhattan luxury deals

15A at 378 West End Avenue, PH19W at 135 East 79th Street (Streeteasy)

For just the sixth time this year, more than 50 Manhattan luxury homes changed hands in a single week.

Fifty-four contracts were signed for homes asking at least $4 million in Manhattan in the third week of December, up from 30 contracts the week before. Thirty-six deals were for condos, 11 for co-ops, and seven for townhouses, according to Olshan Realty’s weekly report.

The priciest contract was for a 7,500-square-foot condo at 378 West End Avenue asking $26 million. The duplex contains six bedrooms and seven and a half bathrooms. The second floor boasts a 1,000-square-foot terrace surrounding the living room, kitchen, main bedroom and library.

It’s part of a new 57-unit building designed by CookFox, which features 11,000 square feet of amenities, including a 75-foot saline lap pool, regulated squash court, half-court basketball court, pet grooming facility and children’s playroom.

The second most expensive contract was for a penthouse at 135 East 79th Street, which was asking $20 million, reduced from $22.5 million when it was first listed in April. The seller paid $22.7 million for the unit in 2014.

The 11-room duplex condo spans 5,400 square feet across five bedrooms and four and a half bathrooms. Downstairs, there is a living room with a terrace, dining room, kitchen and staff room. Four of the bedrooms are upstairs. Amenities in the 20-story building include a garden terrace, library lounge, wine lockers and a catering kitchen.

The 54 contracts were signed for homes asking a combined $432 million, with a median asking price of $6.5 million. The units spent an average of 679 days on the market, while the average discount from the original asking price was 4 percent.





    Related Articles

    arrow_forward_ios
    New York Ranger Jacob Trouba (Getty)
    Rangers’ star Jacob Trouba nets Tribeca condo for $6.7M
    Rangers’ star Jacob Trouba nets Tribeca condo for $6.7M
    Chrissy Teigen and John Legend with 374 Broome Street (Credit: Karwai Tang/Getty Images; Google Maps)
    John Legend and Chrissy Teigen selling penthouse apartments in Nolita
    John Legend and Chrissy Teigen selling penthouse apartments in Nolita
    Michael Fulfree and Bianca D’Alessio of Nest Seekers International (Nest Seekers)
    They can sell the Hamptons. But can they sell “Selling the Hamptons”?
    They can sell the Hamptons. But can they sell “Selling the Hamptons”?
    From left: Ryan Johnson and Jeff Berens, co-founders of Culdesac, in front of a rendering of Culdesac Tempe (Culdesac, iStock)
    Startup that wants to build car-free cities raises $30M Series A
    Startup that wants to build car-free cities raises $30M Series A
    Former WeWork CEO Adam Neumann (Getty Images, iStock, Yard 8 Miami, Stacks on Main, Trulia, Power Design Inc., Inkwell Decatur, Wikipedia, Illustration by Kevin Cifuentes for The Real Deal)
    Depreciation Man: Adam Neumann’s real estate binge to ease tax bill
    Depreciation Man: Adam Neumann’s real estate binge to ease tax bill
    Eviction problems hit NJ, NY after moratoriums lift
    Eviction problems hit NJ, NY after moratoriums lift
    Eviction problems hit NJ, NY after moratoriums lift
    (iStock/Illustration by Kevin Rebong for The Real Deal)
    Existing home sales hit 15-year high in 2021
    Existing home sales hit 15-year high in 2021
    Joseph Tsai, executive vice chairman, Alibaba (Getty Images, LoopNet, iStock)
    Office behind Joseph Tsai revealed as buyer in 220 Central Park South megadeal
    Office behind Joseph Tsai revealed as buyer in 220 Central Park South megadeal
    arrow_forward_ios

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

    Loading...