21 contracts signed at $4M and up: Olshan

No. 1 contract was West Village house asking $18.5M

Manhattan buyers scooped up 21 pads asking $4 million and more last week, a slight bump from the 18 contracts signed a week earlier, according to Olshan Realty’s weekly luxury market report.

For the week of Feb. 1-7, the total weekly asking price sales volume was $140.8 million, with an average asking price of $6.7 million. The average discount was four percent, and the average number of days on market was 199.

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The No. 1 contract was a house at 447 Hudson Street, which was asking $18.5 million for a home in need of renovation. The property – comprised of two buildings on a double lot – measures 4,466 square feet and has a restaurant on the ground level. It’s currently configured as four apartments. The prior owner paid $250,000 for the house in 2003 and renovated it.

The No. 2 contract – another house – was at 17 Harrison Street in Tribeca, which was asking $12.995 million, down from $13.5 million when it hit the market in June. The 23-foot wide house has 5,700 square feet. It’s currently configured as an owner’s triplex and ground-floor apartment. [Olshan] – E.B. Solomont

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21 contracts signed at $4M and up: Olshan

No. 1 contract was West Village house asking $18.5M

Manhattan buyers scooped up 21 pads asking $4 million and more last week, a slight bump from the 18 contracts signed a week earlier, according to Olshan Realty’s weekly luxury market report.

For the week of Feb. 1-7, the total weekly asking price sales volume was $140.8 million, with an average asking price of $6.7 million. The average discount was four percent, and the average number of days on market was 199.

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.

The No. 1 contract was a house at 447 Hudson Street, which was asking $18.5 million for a home in need of renovation. The property – comprised of two buildings on a double lot – measures 4,466 square feet and has a restaurant on the ground level. It’s currently configured as four apartments. The prior owner paid $250,000 for the house in 2003 and renovated it.

The No. 2 contract – another house – was at 17 Harrison Street in Tribeca, which was asking $12.995 million, down from $13.5 million when it hit the market in June. The 23-foot wide house has 5,700 square feet. It’s currently configured as an owner’s triplex and ground-floor apartment. [Olshan] – E.B. Solomont

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