Armani Penthouse Sale Completes Building Sellout; Market Activity Remains Strong
The Market Report
Highest Price Listing: 760 Madison Avenue #PH
List Price: $32,500,000 ($7,708 per ft)
This palatial 4,216 sq ft four-bedroom, four and a half bath Duplex Penthouse, offers the discerning buyer the best of all worlds: location, scale, light and multiple outdoor spaces. A private elevator landing opens to the 11th floors striking entertaining space with a formal gallery overlooking a private lushly landscaped terrace with a grand sculptural staircase connecting the 12th floor.
Market Overview:
During this week, 19 properties went under contract, with seven properties listed at $10 million or higher. The total sales volume has decreased to $207 million.
Notable Contracts:
217 W 57th Street #65E
Contract Price: $23,433,000
This three bedroom, three and one-half bathroom residence at Central Park Tower offers gracious living enhanced by quintessential Central Park views from an elevation over 675 feet. Nearly 11-foot ceilings and floor-to-ceiling seven-foot-wide glass panels allows for an abundance of natural light throughout the home.212 W 18th Street #PH8
Contract Price: $15,995,000
This luxurious duplex, situated on the northeast corner of the 20th and 21st levels of the prestigious Walker Tower, boasts 3 bedrooms, 4 full bathrooms, 3,071 SF+/- of interior space, 190 SF+/- of terrace space, and sweeping views of downtown Manhattan and the Hudson River.226 W 11th Street #1
Contract Price: $4,995,000Residence 1 at 226 West 11th Street is a 25’-wide parlor- and garden-level duplex, the first two floors of a boutique townhouse co-op. An historic offering with 12.5’ ceilings and original period details, the home includes exclusive access to the 1,300+ square foot garden, a verdant and private oasis that takes full advantage of the 110’-deep lot.
This report presents the recent high-end real estate market activities, highlighting key transactions and market movements.