A condominium on the much-anticipated Flatiron Constructing conversion snagged the priciest deal inked in Manhattan final week.
Unit 8-North at 175 Fifth Avenue, which final requested $17.6 million, was certainly one of 36 properties within the borough asking $4 million or extra to seek out patrons between Could 4 and Could 10, in accordance with Olshan Realty’s weekly report. The overall was up from 29 properties within the previous period.
The three,900-square-foot house may have 4 bedrooms and 4 bogs. It would additionally function views of Madison Sq. Park, ceilings over 10 toes and an open kitchen.
Deliberate facilities within the 22-story constructing, developed by the Brodsky Group and Sorgente Group, embrace a health middle, lap pool, sauna, chilly plunge and residents’ lounge.
A staff with Corcoran Sunshine Growth Advertising, led by Angeli DeCeccis and Michele Hinojos, is heading gross sales on the growth, which quietly started procuring its 37 models within the fall.
To date, the most costly residence within the constructing to snag a signed contract was a full-floor condominium asking almost $59 million. Unit 21, which discovered a purchaser final month, spans 7,400 sq. toes and has 5 bedrooms, 5 bogs and a small terrace.
Days earlier than, one other unit on the conversion nabbed an inked cope with an asking worth of $30.5 million. The house was initially deliberate as two separate models, however the developer will now mix the 2 seventh-floor condos right into a single residence spanning 7,700 sq. toes and 7 bedrooms.
The second most costly property to discover a purchaser was a co-op at 993 Fifth Avenue, which had an asking worth of $15.3 million. The house first hit the market in 2024 with an asking worth of $19.3 million.
The fourth-floor co-op spans roughly 5,000 sq. toes and has six bedrooms and 6 bogs. It additionally options views of the Metropolitan Museum of Artwork. The landmarked constructing, designed by Emery Roth, has a health club and 24-hour doormen.
Compass’ Melissa Ryan Kaiser and Cindy Miao had the itemizing.
Of the 36 properties to enter contract final week, 25 have been condos, 9 have been co-ops, one was a condop and one was a townhouse.
The properties requested a mixed $271 million, which works out to a mean of $7.5 million and a median of $5.6 million. The standard residence was available on the market for a 12 months and had a reduction of 4 %.
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