Last week was one of the most active across Manhattan’s luxury real estate market during a year that, with three months still remaining, is the most successful on record for the borough’s high-end sector, according to Olshan Realty’s weekly housing report Monday.
With an impressive 46 contracts signed on big-ticket homes asking $4 million or more, the week ending Sunday ranked as the second-busiest week for Manhattan’s luxury real estate market this year. The total was more than double the number of contracts signed the week prior.
The highest weekly total of the year so far was hit in April, when 56 contracts were signed, said Donna Olshan, author of the report and president of Olshan Realty.
Once again, condos were the home of choice for Manhattan’s wealthy buyers last week, accounting for 32 of the 46 deals. Seven townhouses and seven co-ops also changed hands.
Collectively, they were worth $350.2 million, the report said.
The most-expensive contract signed last week was for an East Village townhouse on East 11th Street that was asking a hair under $30 million. The five-story spread spans roughly 9,000 square feet, and has seven bedrooms, 10 bathrooms, an elevator, myriad fireplaces, a large landscaped garden, two terraces and a roof deck.
The second-priciest deal made was on a $22.75 million penthouse in Chelsea. The 3,794-square-foot triplex home has four bedrooms, high ceilings and roughly 1,300-square-foot of outdoor space, including a planted terrace with a swimming pool. The home is one of 10 at the boutique Abi Chelsea.