A duplex at certainly one of Manhattan’s most unique co-ops topped the borough’s luxurious market forward of the Memorial Day Weekend.
The house at 740 Park Avenue, final asking $22 million, was the priciest of 29 Manhattan properties asking $4 million or extra to seek out patrons between Could 18 and Could 24, in keeping with Olshan Realty’s weekly report. The overall was down from the 38 offers inked within the previous period, although it was on par with the week’s decade common.
Unit 6/7D on the Rosario Candela-designed constructing hit the market in February 2025 with a $28 million asking worth. It has 5 bedrooms and 5 bogs, 11-foot ceilings, and three wood-burning fireplaces.
The co-op has been dwelling to a few of the metropolis’s most well-known names, together with John D. Rockefeller and Jacqueline Kennedy Onassis, who lived there as a baby.
Earlier this 12 months, billionaire hedge funder Ken Griffin paid $38 million for an additional duplex on the constructing, greater than a decade after hedge funder Israel Englander broke the report for the priciest co-op sale in Manhattan when he paid greater than $71 million for his house within the constructing.
Corcoran’s Cathy Franklin, Alexis Bodenheimer and Shannon Suydam had the itemizing.
The second most costly dwelling to snag an inked deal was a condominium at Extell Development’s 50 West 66th Street, which had a final asking worth of $16.7 million. Unit 41W spans 2,800 sq. toes and has three bedrooms and three bogs. It additionally options ceilings over 14 toes and a loggia with views of the Hudson River and Central Park.
Because the begin of the 12 months, 5 condos on the Lincoln Sq. skyscraper have nabbed both the primary or second most costly signed contract in Olshan’s weekly report, together with in April, when Unit 56N discovered a purchaser with an asking worth over $35 million.
Douglas Elliman’s Janice Chang, Corcoran’s Hilary Landis and Beth Benalloul and an in-house workforce with Extell are heading gross sales on the 127-unit constructing. Offers for 90 condos have closed to this point, with gross sales averaging $3,700 per sq. foot.
Facilities within the supertall embody a health middle, indoor and out of doors swimming pools and pickleball courts.
Of the 29 properties to enter contract final week, 17 had been condos, 9 had been co-ops, two had been condops and one was a townhouse.
The properties had been priced at a mixed $228 million, which works out to a mean of $7.9 million and a median of $6 million. The everyday dwelling was available on the market for greater than a 12 months and a half and was discounted by 9 %.
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