[ad_1]
Thanksgiving week was not a total turkey for Manhattan’s luxury real estate market, although there was “a lull in the action,” according to Monday’s report from Olshan Realty.
There were 15 contracts signed for residences priced at $4 million or more last week, two fewer than the previous week, the data showed.
“For perspective, the 10-year Thanksgiving week average is 16 signed contracts,” Donna Olshan, president of Olshan Realty, said in the report.
Sales included 13 condos and two townhouses, with no co-ops in the mix, the report said. The sales total was $132.1 million, with a median asking price of just under $6.5 million.
Last week’s No. 1 deal was an Upper East Side townhouse on East 90th Street asking $29.5 million, the report said. The more than 12,000-square-foot residence was listed in July after a nearly three-year renovation. The neo-Federal, red-brick home was built around 1928 and designed by architect Mott B.Schmidt.
The home includes five bedrooms, five and a half bathrooms, a top-floor terrace, an elevator and a garden, the report said. There are also two gyms for fitness fanatics.
The second biggest deal last week was a SoHo penthouse asking $18.5 million, according to the report. The sponsor unit at XOCO 325, a new condo development on West Broadway, was originally priced at $1 million less when sales were launched six years ago. The project is now complete.
At about 4,400 square feet, the four-bedroom, four-and-a-half-bathroom home features a 718-square-foot landscaped terrace attached to the main bedroom, plus a great room and formal dining room, the report said. Building amenities include a doorman and storage.
[ad_2]
Source link
