Manhattan buyers were still out on summer vacation last week, leaving the borough with few inked deals for luxury properties.
Just 15 homes asking $4 million or more snagged signed contracts between Sept. 1 and Sept. 7, according to Olshan Realty’s weekly report. The total was down from 16 in the previous period and was less than the decade average of 17 pending sales in the week after Labor Day.
The priciest home to find a buyer was a condo at JDS Development and Property Markets Group’s 111 West 57th Street, which asked $22 million. The 4,200-square-foot apartment initially asked just under $28 million when it was marketed off of floorplans nine years ago.
Unit 58 has three bedrooms and three bathrooms. It also features a great room with 14-foot ceilings and views of Central Park.
The condo was the 10th unit at the Billionaires’ Row tower to land among the top two contracts in Olshan’s report so far this year, including a 42nd-floor apartment that found a buyer last month with an asking price of $23 million.
Of the supertall’s 60 units, 49 have notched closed deals with a price per square foot averaging roughly $4,500. Amenities at the building include a fitness center, pool, terrace and private dining room.
The Nikki Field Team with Sotheby’s International heads sales at the building.
The second most expensive home to enter contract was a condo at 250 West Street, asking $14.5 million. The Tribeca apartment, which hit the market in April, spans 4,100 square feet and has four bedrooms and four bathrooms.
Unit 9A last traded for just under $12 million when Christopher Heinz, former Secretary of State John Kerry’s stepson, and his wife, Alexandra, sold it to an anonymous LLC in 2016.
The corner unit also features a library, views of the Hudson River and two storage units on the same floor.
Amenities in the 12-story condominium, where natural gas magnate Michael Smith sold a penthouse for $60 million last year, include doormen, a fitness center, pool and rooftop terrace.
Corcoran’s Richard Ziegelasch had the listing.
Of the 15 properties, 10 were condos and five were co-ops.
The homes’ combined asking price was $130 million, for an average price of $8.7 million and a median of $6.4 million. The typical home spent more than a year and a half on the market and was discounted 6 percent from the original listing price.
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