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New York

UES penthouse tops Manhattan’s luxury contracts 

Unit PHA at 181 East 65th Street last asked $18M

UES Penthouse Tops Manhattan’s Luxury Contracts
181 E 65th St, The Alexander Team's Tal Alexander; 244-246 Waverly Place, Douglas Elliman’s Christopher Riccio (Getty, Google Maps, Related, Douglass Elliman, The Alexander Team)

An Upper East Side penthouse reigned over Manhattan’s luxury market last week.

The triplex condo at 181 East 65th Street, last asking $18 million, was the priciest home to enter contract in the borough between Dec. 11 and Dec. 17, according to Olshan Realty’s weekly report. Eighteen properties asking $4 million or more found buyers last week, down from 24 in the previous period.

The 6,700-square-foot apartment hit the market in February with an asking price of $20 million. The condo last traded in 2001 for $12.8 million. 

The six-bedroom, five-bathroom home also features a 36-foot living room facing Central Park, six terraces and two balconies. Monthly common charges are $13,600, and real estate taxes are $170,000. 

Official’s Tal Alexander had the listing.

The 93-residence building, known as the Chatham, was built in 2000. The Robert A.M. Stern-designed tower has welcomed buyers including Peruvian billionaire Carlos Rodriguez-Pastor, Related Companies CEO Jeff Blau and Stern.

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The second most expensive home to enter contract was 244-246 Waverly Place in the West Village, last asking $16 million. Annual real estate taxes are $125,000. 

The townhouse, listed at the end of August, was two homes until 1961, when it was combined into a 4-story, 35-foot-wide property with 13 rental units. 

Douglas Elliman’s Christopher Riccio had the listing.

Neighborhoods in downtown Manhattan have scored some of the city’s priciest sales so far this year, including a penthouse at Steve Witkoff’s West Village condo. The renovated unit at 150 Charles Street sold for $52 million, or more than $11,500 per square foot, in July.

Of the 18 homes to enter contract last week, 11 were condos, five were co-ops and two were townhouses. 

The homes’ combined asking price was $143 million, which works out to an average asking price of $7 million and a median asking price of $6 million. The typical home received an 11 percent discount and spent 598 days on the market.

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