January 15-21, 2024 was an abbreviated business week due to the Martin Luther King Jr. Day federal holiday, but that is not to say that it was a quiet one for the Manhattan real estate industry. Olshan Realty's luxury market report noted that only two fewer contracts above $4 million were signed than the previous, full business week. November and December 2023 saw year-over-year increases in signings, and January is poised to continue this upward trend.
One of Manhattan's most expensive contracts ever was signed last week. Duplex residence #107/108 at Central Park Tower entered contract with an asking price of $149,500,000, though The Wall Street Journal reports that the contract was signed for closer to $115 million. Regardless, that figure represents the most expensive residence ever sold for developer Extell and one of the priciest in Manhattan's residential history. The buyer was identified only as an international one who will enjoy such features as triple exposures facing all of Central Park and the Manhattan skyline, a 65-foot Grand Salon, two private terraces, and a dramatic staircase and internal elevator to connect both levels.
One of Manhattan's most expensive contracts ever was signed last week. Duplex residence #107/108 at Central Park Tower entered contract with an asking price of $149,500,000, though The Wall Street Journal reports that the contract was signed for closer to $115 million. Regardless, that figure represents the most expensive residence ever sold for developer Extell and one of the priciest in Manhattan's residential history. The buyer was identified only as an international one who will enjoy such features as triple exposures facing all of Central Park and the Manhattan skyline, a 65-foot Grand Salon, two private terraces, and a dramatic staircase and internal elevator to connect both levels.
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The nine-figure contract at Central Park Tower comes about a week after a penthouse at One High Line entered contract with an asking price of $49,000,000. Additionally, another penthouse in the two-towered development entered contract with a $52,000,000 in June 2023. If sold at ask, these would rank among the 10 most expensive apartments ever sold downtown.
With seven bedrooms, eight full baths, two powder rooms, and 12,557 interior square feet, the apartment at Central Park Tower is larger than some Manhattan townhouses. That includes 15 Bank Street, a Greek Revival-style West Village townhouse had the week's second-highest contract with a $30,000,000 ask. The landmarked 6,000-square-foot house dates back to 1852 but has been meticulously renovated by Steven Harris Architects. Neither the buyer nor seller was identified, but Olshan notes that the seller bought the house for $11.75 million in 2007 and embarked on the renovation soon after.
Meanwhile, as we saw with last week's top sales, Park Avenue remains a destination for Manhattan's luxury buyers, with addresses here accounting for four of the top ten contracts of the past week. Leading the charge among Park Avenue units was Residence #67B at 432 Park Avenue, which was asking $27,500,000 in the third-highest contract of the week. Information is not available about the buyer; the seller has not been identified either, but public records indicate that they bought it from the sponsor for $26,619,462 through an LLC in March 2016.
#10. The Soho Gallery Building, #PHA
Last Ask: $7,250,000
SoHo | Cooperative | 3 Bedrooms, 3 Baths | 3,718 ft2
The Soho Gallery Building, #PHA (Sothebys International Realty)
#9. Fifteen, #23
Last Ask: $7,500,000
Central Park West | Condominium | 3 Bedrooms, 3 Baths | 2,662 ft2
Fifteen, #23 (The Agency Brokerage)
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#8. 1185 Park Avenue, #7/8I
Last Ask: $8,500,000 (-2.9%)
Carnegie Hill | Cooperative | 5 Bedrooms, 4.5 Baths | 4,700 ft2
1185 Park Avenue, #7/8I (Douglas Elliman Real Estate)
#7. The Belnord, #1012
Last Ask: $8,895,000
Broadway Corridor | Condominium | 4 Bedrooms, 4 Baths | 3,217 ft2
The Belnord, #1012 (Douglas Elliman Real Estate)
From the Listing: Off market sale and according to the listing broker, only shown twice: Experience spectacular true loft living in this palatial 4-bedroom, 3.5-bathroom residence in a Tribeca industrial Art Deco condominium. Spanning 3,298 square feet, this quintessential loft home breathes in stunning light and air thanks to soaring 11-12 foot-tall ceilings and stunning factory windows facing north, east and west. Paved in deep-stained wide-plank flooring, this expansive space welcomes luxurious entertaining or peaceful relaxation with plenty of room for spacious dining and living areas plus a large den with built-ins that can easily serve as a media room, playroom or a fourth bedroom, as needs require. The open kitchen accommodates culinary efforts both large and small with acres of cabinetry and sleek counter tops surrounding top-of-the-line stainless steel appliances See floor plan and full details here.
Sky Lofts at 145 Hudson has no public availabilities.
#5. The Yosemite, #17E
Last Ask: $14,950,000
Park/Fifth Ave. to 79th St. | Cooperative | 4 Bedrooms, 4 Baths | 4,500 ft2
The Yosemite, #17E (Modlin Group LLC)
#4. 520 Park Avenue, #17
Last Ask: $18,000,000
Park/Fifth Ave. to 79th St. | Condominium | 4 Bedrooms, 6+ Baths | 4,613 ft2
520 Park Avenue, #17 (Modlin Group LLC)
#3. 432 Park Avenue, #67B
Last Ask: $27,500,000
Midtown East | Condominium | 4 Bedrooms, 4.5 Baths | 4,019 ft2
432 Park Avenue, #67B (OFFICIAL)
#2. 15 Bank Street, #TH
Last Ask: $30,000,000
West Village | Townhouse | 5 Bedrooms, 5.5 Baths | 6,000 ft2
15 Bank Street, #TH (Corcoran Group)
#1. Central Park Tower, #107/108
Last Ask: $149,500,000
Midtown West | Condominium | 6+ Bedrooms, 6+ Baths | 12,557 ft2
Central Park Tower, #107/108 (Corcoran Sunshine Marketing Group)
Would you like to tour any of these properties?
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Or call us at (212) 755-5544
Would you like to tour any of these properties?