Sponsor units on Billionaires’ Row and in the Financial District claimed the priciest contracts inked in Manhattan last week.
A condo at 111 West 57th Street, asking just under $20 million, notched the most expensive of 23 deals signed for homes in the borough asking $4 million or more between Sept. 22 and Sept. 28, according to Olshan Realty’s weekly report. The total was up from 21 in the previous period.
Unit 38 initially sought roughly $23 million when sales at the supertall launched nine years ago, before a brief suspension. The 4,500-square-foot condo has three bedrooms and three bathrooms, along with 14-foot ceilings with views of Central Park.
Amenities at the 60-unit building, developed by JDS Development and Property Markets Group, include a fitness center, lap pool, private dining room and terrace.
The tower is 90 percent sold, with the sale price of the closed units averaging roughly $4,500 per square foot. Eleven units at the building have snagged the No. 1 or No. 2 spot in weekly contract reports so far this year.
The Nikki Field Team with Sotheby’s International Realty had the listing.
The second most expensive home to find a buyer was a penthouse at 33 Park Row, asking $19.5 million — the priciest contract inked in the Financial District in four years. The duplex spans 5,400 square feet and has five bedrooms and five bathrooms.
If Unit PH3 closes for that price, it will tie with the neighborhood’s most expensive deal, a penthouse at the adjacent building, 25 Park Row, which closed for $19.5 million in 2021.
Since sales launched four years ago, 24 of the building’s 33 units have closed for an average of $2,300 per square foot. Amenities include doormen, a fitness center, rooftop terrace and residents’ lounge.
Compass’ Leonard Steinberg and Herve Senequier head sales at the building, developed by Urban Muse’s Glauco Lolli-Ghetti and Centurion Real Estate Partners. Compass’ Huihui Geng brought the buyer.
Of the 23 signed deals, 19 were for condos, three for co-ops and one for a townhouse.
The homes’ combined asking price was $184 million, for an average price of $8 million and a median of $6.3 million. The typical home spent about two and a half years on the market and was discounted 10 percent from the original listing price.
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