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Co-ops Led Manhattan’s Most Expensive Home Sales Last Week

28 contracts priced at $4 million or above were signed

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At the top of the pile was a pre-war duplex co-op, asking $16 million, located at 24 Gramercy Park North.

Roberto Machado Noa / Getty Images
At the top of the pile was a pre-war duplex co-op, asking $16 million, located at 24 Gramercy Park North.
Roberto Machado Noa / Getty Images

Two co-ops topped the list of Manhattan’s most expensive home sales last week—the first time this has happened in a year, according to the latest weekly report from Olshan Realty released Monday.

At the top of the pile was a pre-war duplex co-op, asking $16 million, located at 24 Gramercy Park North. The apartment’s in a tony 12-story white-glove co-op building with a doorman, and residents get a key to the private Gramercy Park.

More:New York City Makes Way for Large Developments and Boutique Condos

The property, which had been on the market for just under two months, has four bedrooms, three bathrooms, a living room and library lined by three Juliet balconies overlooking Gramercy Park.

In second place was a three-bedroom, four-bathroom apartment at 262 Central Park West, asking $12.5 million. This corner, nine-room unit, which sold in two weeks, has 75 feet of frontage on Central Park including a side-by-side living room and dining room, master bedroom and library.


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Overall, 28 contracts were signed at $4 million and above in Manhattan last week. This was up from 21 the previous week and 20 in the same week a year earlier.

"We just concluded a stellar February, and as we approach spring, hope springs eternal," said Donna Olshan, president of Olshan Realty. "Scoring 28 might augur well for a muscular March."

More:Clive Davis Lists Park Avenue Co-op for $7.8 Million

The median asking price last week was $5.67 million, while the average discount from original ask to last asking price was 4%, according to the report. The average number of days a property spent on the market, meanwhile, was 354.