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    Home»Real Estate Analysis»West Village Townhouse Tops Thin Week For NYC Luxury Deals

    West Village Townhouse Tops Thin Week For NYC Luxury Deals

    Team_WorldEstateUSABy Team_WorldEstateUSASeptember 28, 2026No Comments3 Mins Read
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    A townhouse within the West Village topped a sluggish week for luxurious offers in Manhattan. 

    The house at 48 Jane Avenue, asking just below $15 million, was the priciest of simply 17 properties asking $4 million or extra to snag signed contracts between Sept. 21 and Sept. 27, in response to Olshan Realty’s weekly report. The whole was down from the previous period, throughout which consumers inked offers for 19 properties. 

    September is usually the slowest month for the borough’s luxurious market, with a 10-year common of 71 contracts signed through the interval. This September is shaping as much as have even fewer inked offers, with simply 65 contracts signed prior to now 4 weeks. 

    The four-story townhouse, which hit the market in October asking $15.5 million, hasn’t modified fingers since 1996, when it was handed down from the earlier proprietor via his property. Within the years since, the sellers renovated the property with architects Fairfax & Sammons.

    The 22.5-foot-wide house has 5 bedrooms and three full bogs unfold throughout 4,100 sq. toes. It additionally incorporates a again backyard, a number of skylights and wood-burning fireplaces and a cellar. 

    Douglas Elliman’s Leslie Mason had the itemizing. 

    Costs for townhouses within the West Village have been on the rise in recent times, with the ceiling set in 2024, when Slack co-founder Stewart Butterfield and Away co-founder Jen Rubio purchased a Greenwich Village house for $72.5 million. A double-wide mansion at 105-107 Banks Avenue fell just some million shy of the report earlier this yr when it offered for $70 million. 

    The second-most-expensive house to land an inked deal was a co-op at 32 East sixty fourth Avenue, with an asking worth of $14.5 million. The renovated condo, which final traded for $13 million in 2021, hit the market final October asking $15.5 million. 

    Unit 9W has 5 bedrooms and 4 full bogs. It additionally options 5 wood-burning fireplaces, a double front room and a library. Facilities within the constructing, often known as the Verona, embody doormen and a health club.

    Keller Williams’ Maria Belen Avellaneda had the itemizing. 

    Of the 17 properties to discover a purchaser, 9 had been condos, 5 had been co-ops and three had been townhouses. 

    The properties had been priced at a mixed $128 million, with a median of $7.6 million and a median of $6.5 million. The everyday house spent greater than a yr and a half available on the market and was discounted by 14 p.c.

    Learn extra

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    Kayla Lee and Peter Zaitzeff of Serhant, Ian Slater of Compass, Michelle Griffith of Douglas Elliman, and Donald Brennan of Engel & Völkers

    Buyers pulling away from sub-$5M deals in NYC amid climbing mortgage rates






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