One other megamansion is coming to the Higher East Aspect, and an inked deal for the property topped Manhattan’s luxurious market earlier than it’s even mixed.
The gutted property at 34-36 East seventieth Avenue, asking $24.5 million, was the priciest of 29 houses within the borough asking $4 million or extra to land signed contracts final week, in line with Olshan Realty. The overall, which dropped beneath 30 for the primary time in six weeks, was down from 34 within the previous period.
The pending deal for the Lenox Hill property comes with plans to mix and renovate the 2 houses right into a five-story single-family mansion spanning 12,500 sq. toes. The plans, which have already been authorized by the town’s Landmarks Preservation Fee, additionally embody eight bedrooms, seven bogs, a again backyard and two terraces.
The property final traded for $18.3 million in 2018. It first hit the market in March 2024 with a $36 million asking value and has since drifted on and off the market with totally different brokerages, the newest of which was the Modlin Group’s Adam Modlin, who discovered a purchaser for the house.
One other double-wide mansion within the neighborhood holds the document for the priciest townhouse sale ever achieved within the metropolis. Financier Philip Falcone and his spouse bought their townhouse on East 67th Avenue for nearly $80 million in 2019.
The second most costly dwelling to land an inked deal was a penthouse at 459 West Broadway, final asking just below $14 million. The co-op has been trying to find a purchaser since 2023, when it hit the market asking just below $19 million.
The condo spans 4,300 sq. toes and has 4 bedrooms and 4 bogs. It additionally contains a glass-enclosed health club, wraparound terrace and formal eating room with 18-foot ceilings and a wood-burning hearth.
Serhant’s Kristina Paces, Ryan Serhant and Jennifer Alese had the itemizing.
Of the 29 properties that snagged signed offers final week, 18 had been condos, 5 had been co-ops and 6 had been townhouses.
The houses requested a mixed $246 million, which works out to a median of $8.5 million and a median of $7.5 million. The standard dwelling was available on the market for greater than a yr and had a reduction of 17 p.c.
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