Thursday, September 21, 2017

CONDOS: RECORD CENTRAL PARK NORTH SALES

Harlem Bespoke: The new condominiums along Central Park North have had some record contracts out over the past year but some of the final sales numbers might turn out slightly different.  According to Streeteasy, a penthouse at 285 West 110th Street at the corner of FDB has been in contract based on $7.475 million since last year and this is almost close to the record condo sale in Harlem if the final number ends up higher.

A top-tier unit at 321 West 110th Street on Fifth Avenue went past the $5.9 million asking and sold for just over $6 million a couple of years ago.  Back in 2008, the penthouse at 111 Central Park North had a contract out based on $12 million which raised a quite a few eyebrows but the closing price ended at $8 million.  Prices have steadily increased along the park since the recession hit almost a decade ago but closing have yet surpass this long-standing title holder.

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