Manhattan’s luxury market is rolling in signed contracts post-Labor Day.
Last week, buyers scooped up 29 homes asking $4 million or more, marking the highest number of inked deals after the holiday since Olshan Realty began tracking the data in 2006, according to the brokerage’s weekly report.
The priciest property to land a signed contract was 45 East 74th Street, with an asking price of $23.8 million. The five-story townhouse spans 9,000 square feet and has six bedrooms and six bathrooms. It also features four terraces, a basement swimming pool and an elevator.
The seller, Chinese real estate billionaire Zhang Xin, paid $26 million for the limestone mansion in 2013, according to the New York Post. Xin listed the property last January with an asking price just under $25 million. The home initially found a buyer in April, but the deal never closed. It hit the market again last August.
Corcoran’s Carrie Chiang had the listing.
The second most expensive home to enter contract was an apartment at new development 140 Jane Street, asking $23.3 million. Unit 5N was sold off floor plans, which show the condo will span 4,600 square feet and will include four bedrooms and four bathrooms. The plans also feature conservatory, balcony, 10-foot ceilings and views of the Hudson River.
The Attorney General in June approved the offering plan for the West Village condominium developed by Aurora Capital Partners, according to Marketproof. The 11-story, 15-unit building has a projected sellout of $401 million. Amenities include a doorman, automated parking garage and lap pool.
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Sixteen of the 29 homes to find buyers were sold by developers. Of the total — which was up from just 17 contracts signed in the previous period — 21 were condos, four were co-ops and four were townhouses.
The homes’ combined asking price was $236 million, which works out to an average price of $8.1 million and a median of $6.5 million. The typical home spent 756 days on the market and received a 5 percent discount.