Features
Rendering of 432 Park (Courtesy of DBOX)
From Notable Sales
Buying Spree at 432 Park Avenue Results in Highest Weekly Dollar Volume in Contract-Signings this Year
By CityRealty Staff
Wednesday, December 13, 2017
Olshan’s weekly market report, which tracks contract-signings of apartments and townhouses priced $4 Million and above, says that 30 contracts were signed last week in the city. The homes, which comprise 22 condos, 4 co-ops, and 4 townhouses, had a total asking price of $356,775,000 — the highest dollar volume in a year, according to the brokerage. The previous year also had 30 signings for a total volume of $308,402,590, and 2015 had 24 signings totaling $244,867,980.
Rendering of 432 Park courtesy of DBOX
One of the condos served as a model penthouse, which was designed and furnished by Kelly Behun
Pulling a large share of the volume are a flood of signings at 432 Park Avenue. Its three-bedroom PH92A has an ask of $40.5 million and spans 3,952 square feet. Other units scooped up include #PH93B, #PH92B, and #35A. Perched near the top of city’s highest residential building, the three penthouses are rumored to be by a single buyer looking to combine the three spreads into a massive 12,000-square-foot palace in the sky. In what could total $120 million, the units feature 12.5-foot ceilings, 10 x1-foot windows, and bird’s eye views of the city..
Another big sale was captured at 150 Wooster Street whose duplex penthouse was secured for a cool $35 million. Since launching sales earlier this fall, the SoHo building has had 4 of its 6 seven-figure condos enter contract. Other notable new development sales include TH1 at Printing House and a three-bedroom at 160 Leroy Street. See the full report at the link below.
Model kitchen at 150 Wooster (KUB)
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