[NY Luxury Market Report: 11/29 – 12/05/2021]
- 34 contracts were signed last week at $4 million above, Condos outsold co-ops, 24-8, with 2 townhouse in the mix.
- In the last 4 weeks, the average price drop from the original asking price to the last asking price has narrowed from 9% to 4% while average days on market have decreased from 575 days to 472.
The No. 1 Contract : 34th Floor at 111 West 57th Street: Asking $21.5 million.
-This condo has 4,492 square feet including 3 bedrooms, 3.5 bathrooms and a large eat-in kitchen.
-A 37-foot great room and a 21-foot guest room/den face Central Park.
-Amenities include a concierge, fitness center, 82-foot pool, private dining room and covered driveway entrance.
The No. 2 Contract : PHC at 30 East 29th Street: Asking $20 million.
-This condo duplex has 4,657 square feet including 4 bedrooms and 4.5 bathrooms.
-Three terraces total 919 square feet of outdoor space.
-Amenities include a fitness center, 50-foot pool, billiards lounge and private dining.