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Condos asking $20M top Manhattan luxury market’s busiest week since June

Buyers inked contracts for 29 homes asking $4M or more

Holly Parker, Leonard Steinberg Listings Top Manhattan Market
135 East 79th Street with Douglas Elliman's Holly Parker and 27 Wooster Street with Compass' Leonard Steinberg (Google Maps, Compass, Douglas Elliman, KPF)

Manhattan’s luxury market had a banner week with 29 contracts signed for homes asking at least $4 million, the most since June.

The most expensive home to go into contract, according to Olshan Realty’s weekly report, was unit PH15W at 135 East 79th Street. The penthouse was asking $20 million, down from $22.5 million when it was first listed in November. The seller bought the unit in 2014 from the condominium’s developer, the Brodsky Organization, for $23.4 million.

The 5,000-square-foot duplex has five bedrooms and 5.5 bathrooms, along with two terraces that add 770 square feet of outdoor space. Off one terrace is a living room with a fireplace and a dining room. Off the other is a kitchen, den and fifth bedroom.

Amenities at the building include a doorman, fitness and yoga rooms, bike room and a lounge with a catering kitchen.

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Holly Parker and Joan Swift of Douglas Elliman had the listing.

The second most expensive home to enter into contract was 7A at 27 Wooster Street, with an asking price of $19 million. The four-bedroom, 4.5-bathroom, full-floor unit spans 5,000 square feet. There’s also a balcony off the bedroom hallway.

The 960-square-foot corner living room has windows on three sides and the primary bedroom comes with two large walk-in closets. A parking spot was included in the sale. Amenities in the condominium include a 24-hour attended lobby and fitness room.

Compass’ Leonard Steinberg had the listing.

Of the 29 homes to enter contract last week, 14 were condos, 10 were co-ops, four were townhouses and one was a condop. The homes’ combined asking price was $224 million, which works out to an average of $8 million and a median of $6.5 million. The typical home received a 7 percent discount and spent 503 days on the market. 

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Companies and People
Companies: CompassDouglas EllimanOlshan realty
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Luxury Real EstateManhattan