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


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.

Oct. 15 real estate states chart

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