Manhattan’s Luxury Home Market Just Had Its Strongest Sales Week in a Year

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The luxury housing market in Manhattan is picking up. The past week saw 40 properties with an asking price of $4 million or more go into contract. realestate Manhattan

, located near the south end of Central Park that was listed for $26.5 million. The building itself, designed by architect Robert A. M. Stern, includes a 14,000-square-foot gym with a 75-foot pool, a private residents-only restaurant, a library, and an outdoor terrace. The report noted residences in the property have often been ranked in the top two deals in its weekly dispatch.

In second place sat a West Village condo duplex on Barrow Street that had an asking price of $17.5 million, the report stated. It spans 4,287 square feet and contains four bedrooms, four and a half bathrooms, and a bright kitchen surrounded by a 1,992-square-foot terrace. Located ina former 1898 maritime hotel turned into a luxe boutique residence that contains just 24 units on seven different floors, the residence also has a prime waterfront view.

The Keller has seen plenty of success as of late. Four contracts in building were reported last week at $4 million and above. In fact, 50 percent of the building has already been sold, “underscoring the high demand for luxury West Village properties,” the report noted.

 

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