The Flatiron Constructing conversion challenge has snagged its priciest inked deal but.
A purchaser signed a contract final week to buy the seventh flooring of 175 Fifth Avenue, in accordance with Olshan Realty’s weekly report. The unit, which requested $30.5 million, was initially deliberate as two separate flats, although the builders will now mix them right into a single residence.
The complete-floor unit will span 7,700 sq. toes and can doubtless have seven bedrooms and 7 bogs based mostly on the plans for the 2 condos within the providing plan. It should additionally characteristic ceilings over 10 toes tall and an amazing room overlooking Madison Sq. Park.
The pending deal for the condominium is one among eight on the constructing recorded on StreetEasy for the reason that begin of gross sales, which quietly launched in the fall. Patrons have additionally agreed to buy an 18th-floor residence for $24.8 million and a fourth-floor unit for just below $20 million.
A staff with Corcoran Sunshine Growth Advertising and marketing, led by Angeli DeCecchis and Michele Hinojos, is heading gross sales of the event’s 38 items.
The Flatiron Constructing residence was one among 33 properties in Manhattan asking $4 million or extra to enter contract between March 23 and March 29, up from 29 within the previous period.
The second costliest residence to discover a purchaser was a condominium at Zeckendorf Development’s 15 Central Park West, with an asking value of $23 million. The three,500-square-foot unit, which hit the market in September, final traded for $21.5 million in 2017.
Unit 8B has 4 bedrooms and 4 bogs. It additionally contains a formal eating room and a 47-foot main bed room with views of Central Park.
Noel Berk, Elizabeth Mercedes Berk and Fran Shapiro of Engel & Völkers had the itemizing.
Facilities within the Robert A.M. Stern-designed tower embody a health heart, pool, personal restaurant and terrace. Different current trades within the constructing embody a $24.8 million deal for a four-bedroom condominium, which hit metropolis information in February.
Of the 33 properties, 23 have been condos, 5 have been co-ops and 5 have been townhouses.
The properties requested a mixed $264 million, which works out to a median of $8 million and a median of $6 million. The standard residence was available on the market for a 12 months and a half and had a reduction of 8 %.
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