The triplex penthouse at 1110 Park Avenue discovered a purchaser after three years on and off the market — however not for its preliminary $35 million asking worth.
The Carnegie Hill apartment snagged a signed contract final week with an asking worth just below $25 million, considerably decrease than the worth the vendor searched for it in 2023.
Nonetheless, the condo was the priciest of 25 Manhattan properties asking $4 million or extra to nab inked offers between Oct. 5 and Oct. 11, in keeping with Olshan Realty’s report. The overall was down from the 30 contracts signed within the previous period, although it marked one other sturdy week for the luxury market after a slow September.
The house, which returned to the market in January asking $26.8 million, final traded in 2019, when the vendor bought it from the developer, Toll Brothers, for $17.3 million. The unit spans 7,000 sq. toes and has 5 bedrooms and 5 full bogs. It additionally incorporates a rooftop pool, terrace, a number of Juliette balconies and an outside kitchen.
Facilities within the nine-unit constructing, in-built 2015, embrace doormen, a health middle and wine storage.
Sotheby’s Worldwide’s Eva Penson had the itemizing.
The second most costly residence to nab an inked deal was a townhouse in the West Village, with an asking worth of $22.5 million. The vendor bought the property at 67 Charles Avenue for $8.3 million in 2009 earlier than later embarking on a intestine renovation. It has drifted on and off the market since 2020, when it requested $20 million. It was listed once more in April with a $25 million asking worth.
The 20-foot-wide residence, in-built 1867, has 4 bedrooms and 5 full bogs unfold throughout 4 tales and 6,000 sq. toes. It additionally options an elevator, backyard and roof terrace.
Compass’ Jim St. Andre, Philip Scheinfeld, Trevor Stephens and Michael Maniawski had the itemizing.
Of the 25 properties to enter contract, 15 had been condos, six had been co-ops, one was a condop and three had been townhouses.
The properties had been priced at a mixed $177 million, with a mean of $7.1 million and a median of $5.3 million. The standard residence spent greater than a 12 months available on the market and was discounted by 4 %.
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