A apartment on the much-anticipated Flatiron Constructing conversion snagged the priciest deal inked in Manhattan final week.
Unit 8-North at 175 Fifth Avenue, which final requested $17.6 million, was one among 36 properties within the borough asking $4 million or extra to seek out consumers between Might 4 and Might 10, in response to Olshan Realty’s weekly report. The full was up from 29 properties within the previous period.
The three,900-square-foot condo may have 4 bedrooms and 4 bogs. It would additionally function views of Madison Sq. Park, ceilings over 10 toes and an open kitchen.
Deliberate facilities within the 22-story constructing, developed by the Brodsky Group and Sorgente Group, embody a health heart, lap pool, sauna, chilly plunge and residents’ lounge.
A crew with Corcoran Sunshine Growth Advertising and marketing, led by Angeli DeCeccis and Michele Hinojos, is heading gross sales on the improvement, which quietly started purchasing its 38 models within the fall.
Up to now, the costliest dwelling within the constructing to snag a signed contract was a full-floor apartment asking almost $59 million. Unit 21, which discovered a purchaser final month, spans 7,400 sq. toes and has 5 bedrooms, 5 bogs and a small terrace.
Days earlier than, one other unit on the conversion nabbed an inked cope with an asking value of $30.5 million. The condo was initially deliberate as two separate models, however the developer will now mix the 2 seventh-floor condos right into a single dwelling spanning 7,700 sq. toes and 7 bedrooms.
The second most costly property to discover a purchaser was a co-op at 993 Fifth Avenue, which had an asking value of $15.3 million. The condo first hit the market in 2024 with an asking value of $19.3 million.
The fourth-floor co-op spans roughly 5,000 sq. toes and has six bedrooms and 6 bogs. It additionally options views of the Metropolitan Museum of Artwork. The landmarked constructing, designed by Emery Roth, has a fitness center and 24-hour doormen.
Compass’ Melissa Ryan Kaiser and Cindy Miao had the itemizing.
Of the 36 properties to enter contract final week, 25 have been condos, 9 have been co-ops, one was a condop and one was a townhouse.
The properties requested a mixed $271 million, which works out to a mean of $7.5 million and a median of $5.6 million. The standard dwelling was in the marketplace for a 12 months and had a reduction of 4 %.
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