The unit sold for $8.3M less than its original ask when it first came on the market last year.
The last two weeks of July saw the month's fourth and fifth priciest recorded sales: unit 65B at 432 Park Avenue sold for $24.2 million and unit 7 at 640 Park Avenue sold for an even $20 million. But despite making the top five, the two listings sold for much less than their original asking prices. The owner of the 4,019-square-foot 65B, operating under an unknown LLC, attempted to flip the unit for $32.5 million – just a year after shelling out $25.6 million for it. Discounts this time of year are to be expected, but the "90s vibe" exuded from this home probably didn't help.
As for the other Park Avenue pad, unit 7 closed for $5 million less than what it was asking back in early 2017. The pre-war co-op features 6 bedrooms, 6 baths, a private elevator landing, five wood-burning fireplaces, and eastern and southern views.
Manhattan saw 26 luxury contracts signed last week at $4 million and above, according to Olshan's latest weekly report. It was the best last week in July since 2006 (last week saw just 13), when Olshan began tracking, but the average number of days on the market was a dismal 536 days. Prices were also reduced on average 15% off their original asking prices before getting signed – even new condominiums. The top contract last week went to units 29B and 30B in the Pelli Clarke Pelli-designed One West End. They were signed for a total of $19.5 million by a buyer who intends to combine them.
As for the other Park Avenue pad, unit 7 closed for $5 million less than what it was asking back in early 2017. The pre-war co-op features 6 bedrooms, 6 baths, a private elevator landing, five wood-burning fireplaces, and eastern and southern views.
Manhattan saw 26 luxury contracts signed last week at $4 million and above, according to Olshan's latest weekly report. It was the best last week in July since 2006 (last week saw just 13), when Olshan began tracking, but the average number of days on the market was a dismal 536 days. Prices were also reduced on average 15% off their original asking prices before getting signed – even new condominiums. The top contract last week went to units 29B and 30B in the Pelli Clarke Pelli-designed One West End. They were signed for a total of $19.5 million by a buyer who intends to combine them.
Last Week's Top 5 Recorded Closings:
3 beds, 4.5 baths | 4,019 square feet
From the listing:
Occupying the entire western half of the 65th floor, this three bedroom plus library home encompasses 4,019 square feet, features twelve 10 × 10 windows and 126" ceilings. After entering the private vestibule from the elevator, the foyer leads to the grand living and dining space with picture windows looking out over Central Park, the Reservoir and up to the George Washington and Triborough Bridges. Off the living area is a generous chefs kitchen which features a built-in marble countertop overlooking Central Park and the city. The kitchen is replete with Miele appliances including stove, gas cooktop, dishwasher, built-in coffee system, warming drawers, speed oven, dishwasher and wine storage.
Occupying the entire western half of the 65th floor, this three bedroom plus library home encompasses 4,019 square feet, features twelve 10 × 10 windows and 126" ceilings. After entering the private vestibule from the elevator, the foyer leads to the grand living and dining space with picture windows looking out over Central Park, the Reservoir and up to the George Washington and Triborough Bridges. Off the living area is a generous chefs kitchen which features a built-in marble countertop overlooking Central Park and the city. The kitchen is replete with Miele appliances including stove, gas cooktop, dishwasher, built-in coffee system, warming drawers, speed oven, dishwasher and wine storage.
10 Available Listings from $5.95M
6+ beds, 6+ baths
| N/A square feet
From the listing:
Encompassing the entire seventh floor, this tremendous 17-into-14 room simplex affords beautiful Eastern views over Park Avenue and sun filled Southern views over East 66th Street from every principal room. Accessed via a private elevator landing, the immensely gracious full floor apartment is filled with sunlight throughout from four exposures. An elegant 256" Gallery with wood burning fireplace leads to a truly impressive suite of Entertaining Rooms which span 65 along Park Avenue and include a beautifully proportioned corner Living Room, an enormous Dining Room and a wood paneled Library.
Encompassing the entire seventh floor, this tremendous 17-into-14 room simplex affords beautiful Eastern views over Park Avenue and sun filled Southern views over East 66th Street from every principal room. Accessed via a private elevator landing, the immensely gracious full floor apartment is filled with sunlight throughout from four exposures. An elegant 256" Gallery with wood burning fireplace leads to a truly impressive suite of Entertaining Rooms which span 65 along Park Avenue and include a beautifully proportioned corner Living Room, an enormous Dining Room and a wood paneled Library.
No Available Listings, See Building Profile
3 beds, 4 baths | 3,304 square feet
From the listing:
This 3,304 square foot extraordinary corner residence designed by Annabelle Seldorf is masterfully designed for the modern lifestyle. The residence's open floor plan accommodates gracious living and entertaining while maximizing light and offering an abundance of wall space for art. The elegantly appointed contemporary interiors feature soaring 10'9 floor to ceiling windows and Danish Ash floors throughout.
This 3,304 square foot extraordinary corner residence designed by Annabelle Seldorf is masterfully designed for the modern lifestyle. The residence's open floor plan accommodates gracious living and entertaining while maximizing light and offering an abundance of wall space for art. The elegantly appointed contemporary interiors feature soaring 10'9 floor to ceiling windows and Danish Ash floors throughout.
1 Available Listing for $8.55M
4 beds, 4.5 baths | 4,062 square feet
From the listing:
Welcome home to the Three Ten Condominium, Manhattan's most exquisite full-service glass condominium tower. Graced with a recent complete renovaton, custom high-end finishes, and captivating views of the city skyline, and the East River, this incredible 4-bedroom, 4.5 bathroom condo is a paradigm of Manhattan luxury. Features of this 4,062 sq. ft. home include 10-ft floor-to-ceiling windows, oak hardwood floors, northern, western, eastern and southern exposures, three terraces, an in-unit washer/dryer, motorized shades and an integrated Sonos home automation system.
Welcome home to the Three Ten Condominium, Manhattan's most exquisite full-service glass condominium tower. Graced with a recent complete renovaton, custom high-end finishes, and captivating views of the city skyline, and the East River, this incredible 4-bedroom, 4.5 bathroom condo is a paradigm of Manhattan luxury. Features of this 4,062 sq. ft. home include 10-ft floor-to-ceiling windows, oak hardwood floors, northern, western, eastern and southern exposures, three terraces, an in-unit washer/dryer, motorized shades and an integrated Sonos home automation system.
3 Available Listings from $1.975M
5 beds, 5 baths | 7,837 square feet
From the listing:
Prewar Candela Classic: 11 into 9 rooms. This sun drenched, elegant four bedroom, four-and-a-half bath residence with formal library, situated in a top white glove Rosario Candela building, is in excellent condition throughout. Located on a beautiful tree-lined townhouse block between Park and Lexington Avenues, 133 East 80th Street is listed on the National Register of Historic Places.
Prewar Candela Classic: 11 into 9 rooms. This sun drenched, elegant four bedroom, four-and-a-half bath residence with formal library, situated in a top white glove Rosario Candela building, is in excellent condition throughout. Located on a beautiful tree-lined townhouse block between Park and Lexington Avenues, 133 East 80th Street is listed on the National Register of Historic Places.
No Available Listings, See Building Profile
Last Week's Top 5 In-Contract:
6+ beds, 6+ baths | 8,506 square feet
From the listing:
#29B: Townhome 29B, a spectacular duplex in the sky, offers 5,302 square feet of interior space with four bedrooms, 5.5 baths, a media room, a lofted library and a double height great room leading to a 3,299 square foot terrace with three exposures.
#30B: This spectacular 3,204 square-foot corner four bedroom, four bath Tower Residence designed by Jeffrey Beers is wrapped in floor-to-ceiling windows showcasing sunny river and city views to the south and east.
#29B: Townhome 29B, a spectacular duplex in the sky, offers 5,302 square feet of interior space with four bedrooms, 5.5 baths, a media room, a lofted library and a double height great room leading to a 3,299 square foot terrace with three exposures.
#30B: This spectacular 3,204 square-foot corner four bedroom, four bath Tower Residence designed by Jeffrey Beers is wrapped in floor-to-ceiling windows showcasing sunny river and city views to the south and east.
9 Available Listings from $5.275M
6+ beds, 6+ baths | 9,100 square feet
From the listing:
Originally the west wing of Old Saint Patrick's School and Convent, the 1826 edifice combines the strong lines of a late Federal house with the stylistic Greek Revival flair of a classic triangular pediment with oculus window. Built 25.86' x 65', the five-story residence with elevator has 8,069 interior square feet with an additional 1,614 square feet in the cellar. The house has three sunny exposures with oversized windows complementing the views of both the cloistered Cathedral and your own private garden. The design is both gracious and practical with well-proportioned layouts, seven bedrooms, seven full and three half baths and three working fireplaces.
Originally the west wing of Old Saint Patrick's School and Convent, the 1826 edifice combines the strong lines of a late Federal house with the stylistic Greek Revival flair of a classic triangular pediment with oculus window. Built 25.86' x 65', the five-story residence with elevator has 8,069 interior square feet with an additional 1,614 square feet in the cellar. The house has three sunny exposures with oversized windows complementing the views of both the cloistered Cathedral and your own private garden. The design is both gracious and practical with well-proportioned layouts, seven bedrooms, seven full and three half baths and three working fireplaces.
No Available Listings, See Building Profile
5 beds, 5 baths | 7,061 square feet
From the listing:
Monumental 7,061 SF Penthouse residence features 3,168 of exterior SF including a swimming pool on the private rooftop along with two other private terraces all boasting spectacular views of the Manhattan skyline. Additional unique residence features include an interior elevator and a PRIVATE TWO CAR GARAGE conveniently located off the lobby.
Monumental 7,061 SF Penthouse residence features 3,168 of exterior SF including a swimming pool on the private rooftop along with two other private terraces all boasting spectacular views of the Manhattan skyline. Additional unique residence features include an interior elevator and a PRIVATE TWO CAR GARAGE conveniently located off the lobby.
1 Available Listing for $5.995M
4 beds, 3 baths | N/A square feet
From the listing:
This is only the second time that this grand, historic duplex at The Century has come on the market for sale. What makes this home truly unique is its blend of pre-war sophistication and modern elegance. The apartment is the largest original footprint in the building and boasts an unparalleled amount of terrace space. With views of Central Park from almost every room, this sun filled corner duplex has some of the world's great views. The 17' x 29' corner living room has an extraordinary volume with six huge windows, each measuring 6'6" in height, and full on views of Central Park, plus iconic NYC views of Columbus Circle, the fountains, Central Park South and a stunning panorama of the city.
This is only the second time that this grand, historic duplex at The Century has come on the market for sale. What makes this home truly unique is its blend of pre-war sophistication and modern elegance. The apartment is the largest original footprint in the building and boasts an unparalleled amount of terrace space. With views of Central Park from almost every room, this sun filled corner duplex has some of the world's great views. The 17' x 29' corner living room has an extraordinary volume with six huge windows, each measuring 6'6" in height, and full on views of Central Park, plus iconic NYC views of Columbus Circle, the fountains, Central Park South and a stunning panorama of the city.
8 Available Listings from $1.75M
4 beds, 3 baths | 4,584 square feet
From the listing:
Located in the heart of Greenwich Village, this meticulously renovated and elegant four bedroom/three and a half bath 4,584sf home offers unsurpassed proportions in one of the citys most sought after neighborhoods. This dramatic apartment wraps the south/west corner of the building offering charming Village views through 16 sun flooded oversized windows. Upon entering, a gracious double gallery leads to an impressive corner 37 X 19 living room with picturesque views of the Jefferson Market Library clock tower.
Located in the heart of Greenwich Village, this meticulously renovated and elegant four bedroom/three and a half bath 4,584sf home offers unsurpassed proportions in one of the citys most sought after neighborhoods. This dramatic apartment wraps the south/west corner of the building offering charming Village views through 16 sun flooded oversized windows. Upon entering, a gracious double gallery leads to an impressive corner 37 X 19 living room with picturesque views of the Jefferson Market Library clock tower.
1 Available Listing for $4.25M
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