An Higher West Aspect megamansion is poised to set a brand new townhouse deal file within the neighborhood — if it closes for its $85 million final asking value.
A purchaser signed a contract to buy the house at 48-50 West 69th Avenue, marking the priciest deal inked in Manhattan final week, in keeping with Olshan Realty’s weekly report. The property was one in every of 32 properties within the borough to enter contract between Could 25 and Could 31, up from 29 within the previous period.
If the double-wide property closes for that quantity, it could be the most costly deal for a house on the Higher West Aspect, surpassing a townhouse at 248 Central Park West, which bought for $26 million in 2022. Nevertheless, the deal will probably fall wanting the citywide file holder, an Higher East Aspect abode that bought for $90 million in 2018.
The almost 42-foot-wide abode wasn’t in the marketplace when it entered contract, although it beforehand made headlines when it was listed for $85 million in March 2024. The itemizing was taken down seven months later.
French businessman Pierre Bastid and his spouse, jazz singer Malou Beauvoir, paid a mixed $24.5 million for the adjoining properties in separate offers that closed in 2011 and 2012. The couple demolished the properties in 2018 and launched into a years-long building venture, which drew the ire of neighbors pissed off by the noise, particles and visitors disruptions brought on by the work.
The 19,600-square-foot pad spans eight tales and has 5 bedrooms and 11 loos. It additionally options an elevator, terrace, health club, jacuzzi and 55-foot indoor lap pool.
Compass’ Jim St. Andre, Michael Maniawski and Trevor Stephens had the itemizing when the house was beforehand in the marketplace.
The second most costly property to discover a purchaser for was a maisonette at 150 Charles Avenue, with an asking value of $21.5 million. The triplex, which hit the market in early Could, final traded for $11.8 million in 2015.
The house spans 5,600 sq. toes and has 4 bedrooms and 4 loos. It additionally options an elevator and a terrace. Facilities within the constructing embody a health middle, lap pool and storage.
Compass’ Holly Parker Brad Webb had the itemizing.
Of the 32 properties to enter contract final week, 21 have been condos, six have been co-ops and 5 have been townhouses.
The properties have been priced at a mixed $322 million, which works out to a mean of $10 million and a median of $6.4 million. The everyday dwelling was in the marketplace for almost two years and was discounted by 10 %.
Learn extra
Co-op in Manhattan’s “richest building” tops Manhattan’s luxury market
HNA sells UES mansion for $90M
NYC’s top deals: Broadway producer sells UWS mansion for $7M
