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A Record Number Of Luxury Apartments Sold In New York City Last Week

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950 fifth avenue nyc

Records were shattered this week in the luxury real estate market in New York City as 33 contracts on properties listed for $4 million or more were signed, according to a report from Olshan Realty Inc.

That stat is an all-time record since the company started keeping track of luxury sales in 2007.

The week's volume of sales totaled a hefty $333.975 million.

Of the properties sold, 14 were purchased at their asking price of more than $10 million and three were sold at $20 million and above.

The most expensive property sold this week was Apartment 5/6 at 950 Fifth Avenue, asking $27.5 million. The duplex co-op has four bedrooms, 5.5 baths, two wood burning fireplaces, and a maid’s room.

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