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    Home»Real Estate Analysis»West Village Townhouse Tops Thin Week For NYC Luxury Deals

    West Village Townhouse Tops Thin Week For NYC Luxury Deals

    Team_WorldEstateUSABy Team_WorldEstateUSASeptember 28, 2026No Comments3 Mins Read
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    A townhouse within the West Village topped a sluggish week for luxurious offers in Manhattan. 

    The house at 48 Jane Road, asking just below $15 million, was the priciest of simply 17 properties asking $4 million or extra to snag signed contracts between Sept. 21 and Sept. 27, in keeping with Olshan Realty’s weekly report. The overall was down from the previous period, throughout which patrons inked offers for 19 properties. 

    September is usually the slowest month for the borough’s luxurious market, with a 10-year common of 71 contracts signed in the course of the interval. This September is shaping as much as have even fewer inked offers, with simply 65 contracts signed prior to now 4 weeks. 

    The four-story townhouse, which hit the market in October asking $15.5 million, hasn’t modified palms since 1996, when it was handed down from the earlier proprietor by way of his property. Within the years since, the sellers renovated the property with architects Fairfax & Sammons.

    The 22.5-foot-wide residence has 5 bedrooms and three full loos unfold throughout 4,100 sq. toes. It additionally includes a again backyard, a number of skylights and wood-burning fireplaces and a cellar. 

    Douglas Elliman’s Leslie Mason had the itemizing. 

    Costs for townhouses within the West Village have been on the rise lately, with the ceiling set in 2024, when Slack co-founder Stewart Butterfield and Away co-founder Jen Rubio purchased a Greenwich Village residence for $72.5 million. A double-wide mansion at 105-107 Banks Road fell just some million shy of the file earlier this 12 months when it offered for $70 million. 

    The second-most-expensive residence to land an inked deal was a co-op at 32 East sixty fourth Road, with an asking worth of $14.5 million. The renovated house, which final traded for $13 million in 2021, hit the market final October asking $15.5 million. 

    Unit 9W has 5 bedrooms and 4 full loos. It additionally options 5 wood-burning fireplaces, a double front room and a library. Facilities within the constructing, often known as the Verona, embrace doormen and a health club.

    Keller Williams’ Maria Belen Avellaneda had the itemizing. 

    Of the 17 properties to discover a purchaser, 9 have been condos, 5 have been co-ops and three have been townhouses. 

    The properties have been priced at a mixed $128 million, with a mean of $7.6 million and a median of $6.5 million. The standard residence spent greater than a 12 months and a half available on the market and was discounted by 14 p.c.

    Learn extra

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    Kayla Lee and Peter Zaitzeff of Serhant, Ian Slater of Compass, Michelle Griffith of Douglas Elliman, and Donald Brennan of Engel & Völkers

    Buyers pulling away from sub-$5M deals in NYC amid climbing mortgage rates






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