24 contracts signed for $4M or more in last week of July
Biggest deal was UES townhouse at $12 million
It’s the hazy, lazy days of summer. But not at 400 Park Avenue South.
While the two top contracts of the week weren’t signed there, the new Toll Brothers-developed condo development saw 12 deals at the price point, according to Olshan Realty’s latest luxury report.
The biggest deal of the week was a townhouse at 167 East 71st Street for $12 million. The original asking price, when the unit hit the market in February, was $14 million. The five-story home includes five bedrooms, 5.5 bathrooms as well as an elevator. The property last traded hands in 2004 for $6.25 million.
The second biggest contract of the week was a penthouse at 41 Bond Street for $11.7 million. The unit had been on the market for less than five weeks. The duplex condo includes two bedrooms, 2.5 bathrooms, 1,500 square feet of outdoor space and a balcony. It last changed hands for $8.2 million in 2011. [Olshan Realty] — Claire Moses