![565 Broome Street, Heat Wave](https://static.therealdeal.com/wp-content/uploads/2022/08/FT-Summer-takes-its-toll-on-Manhattans-luxury-market-150x107.jpg)
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Manhattan luxe sees 28 contracts signed in first half of August
Quadplex asking $14M was top unit in contract last week
![95 Charles Street (Illustration by Kevin Cifuentes for The Real Deal with Getty, Streeteasy)](https://static.therealdeal.com/wp-content/uploads/2022/08/NY-Quadruplex-condo-tops-Manhattan-luxury-market-MAIN.jpg)
It seems like a townhouse, but it’s not.
Beyond the technicality, a quadruplex condo in the West Village unequivocally topped last week’s luxury contracts in Manhattan.
Unit 1 at 95 Charles Street listed in mid-July asking nearly $14 million, according to a weekly report by Olshan Realty on contracts $4 million and above. The condo spans over 6,000 square feet over four floors, including six bedrooms and four bathrooms.
The unit also counts two powder rooms and two fireplaces. A dramatic great room with 16-foot ceilings opens into a nearly 1,300-square-foot garden with an outdoor kitchen.
The building itself is 38 feet wide with five units. The seller paid $8.5 million for the unit in 2008.
The second priciest home to enter contract is 4/5A at 895 Park Avenue, which was listed in June and asked $12 million. The 12-room co-op duplex has seven bedrooms, seven and a half bathrooms and four fireplaces. The apartment overlooks Park Avenue and 79th Street.
Owned by the same family for over 50 years, the unit is a prime candidate for a renovation.
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![565 Broome Street, Heat Wave](https://static.therealdeal.com/wp-content/uploads/2022/08/FT-Summer-takes-its-toll-on-Manhattans-luxury-market-150x107.jpg)
![A photo illustration of One John Street (left) and 79 Second Place (right) in Brooklyn (Douglas Elliman, Front Inc., Getty Images)](https://static.therealdeal.com/wp-content/uploads/2022/08/ft_BK_Lux-Contracts-8.8-150x107.jpg)
![Daniel Grollo and 106 Central Park South (Photo Illustration by Steven DIlakian for The Real Deal with Getty Images)](https://static.therealdeal.com/wp-content/uploads/2022/08/ft_NY_Grollo-150x107.jpg)
Overall, there were 15 contracts signed between Aug 8 and 14. Out of the 15 contracts signed, 10 were for condos, three were co-ops and two were for townhouses.
Manhattan notched 28 luxury contracts signed in the last two weeks, comparable to the first two weeks in August of 2018. The 10-year average of luxury contracts signed in the first two weeks of August is 37, or 15.5 contracts per week.
Even so, the first week of August was a slow one. The 13 properties were last asking a combined $95.24 million, the lowest total tracked by the report since October 2020.
Last week’s total asking price sales volume rebounded, reaching $103 million. The median asking price was $5.95 million, and the units spent an average of 681 days on the market, with an average discount of 3 percent.