An Higher West Aspect megamansion is poised to set a brand new townhouse deal report within the neighborhood — if it closes for its $85 million final asking worth.
A purchaser signed a contract to buy the house at 48-50 West 69th Road, marking the priciest deal inked in Manhattan final week, in response to Olshan Realty’s weekly report. The property was one in every of 32 properties within the borough to enter contract between Might 25 and Might 31, up from 29 within the previous period.
If the double-wide property closes for that quantity, it will be the costliest deal for a house on the Higher West Aspect, surpassing a townhouse at 248 Central Park West, which bought for $26 million in 2022. Nonetheless, the deal will possible fall wanting the citywide report holder, an Higher East Aspect abode that bought for $90 million in 2018.
The practically 42-foot-wide abode wasn’t available on the market when it entered contract, although it beforehand made headlines when it was listed for $85 million in March 2024. The itemizing was taken down seven months later.
French businessman Pierre Bastid and his spouse, jazz singer Malou Beauvoir, paid a mixed $24.5 million for the adjoining properties in separate offers that closed in 2011 and 2012. The couple demolished the properties in 2018 and launched into a years-long building undertaking, which drew the ire of neighbors pissed off by the noise, particles and visitors disruptions brought on by the work.
The 19,600-square-foot pad spans eight tales and has 5 bedrooms and 11 bogs. It additionally options an elevator, terrace, health club, jacuzzi and 55-foot indoor lap pool.
Compass’ Jim St. Andre, Michael Maniawski and Trevor Stephens had the itemizing when the house was beforehand available on the market.
The second most costly property to discover a purchaser for was a maisonette at 150 Charles Road, with an asking worth of $21.5 million. The triplex, which hit the market in early Might, final traded for $11.8 million in 2015.
The house spans 5,600 sq. ft and has 4 bedrooms and 4 bogs. It additionally options an elevator and a terrace. Facilities within the constructing embrace a health middle, lap pool and storage.
Compass’ Holly Parker Brad Webb had the itemizing.
Of the 32 properties to enter contract final week, 21 had been condos, six had been co-ops and 5 had been townhouses.
The properties had been priced at a mixed $322 million, which works out to a mean of $10 million and a median of $6.4 million. The standard dwelling was available on the market for practically two years and was discounted by 10 p.c.
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