Luxurious gross sales remained robust in New York Metropolis, with 31 contracts signed for a complete asking-price gross sales quantity value $367,333,000.
Condos outsold co-ops 21-7. Amongst these gross sales, 9 contracts have been trophy properties at $10 million and above, and all have been positioned downtown, in line with the Olshan Luxurious Market Report for the week ending April 5.
“It’s spring and excessive gross sales season in each class. The posh purchaser doesn’t wait on rates of interest; they purchase once they really feel prefer it. 2025 produced a strong bonus season paid out within the first quarter of 2026, producing a brand new crop of consumers,” says Donna Olshan, president at Olshan Realty.
The No. 1 contract is 2 mixed townhomes within the West Village. 105-107 Financial institution Avenue has an asking value of $75 million. It’s one of the vital costly downtown offers.
The report says the property was initially two walk-up homes divided into leases.
“Supposedly, at one level John Lennon and Yoko Ono occupied the highest ground,” in line with the Olshan Report.
The townhomes have been mixed into one when, in 2021 and 2022, the properties have been bought for a complete of $18.11 million by a developer/builder.
As we speak, it’s a six-story residence that’s 40 toes large and 13,000 sq. toes. It has six bedrooms, eight bogs, two powder rooms, an elevator, a theater room, a health area and sauna, and a 1,600-bottle wine cellar. Annual property taxes are $113,592.
Downtown offers
The No. 2 contract is positioned within the iconic Flatiron Constructing, which was initially constructed as an workplace constructing again in 1902. 175 Fifth Avenue, twenty first Flooring, has an asking value of $58.5 million. This unit has 7,408 sq. toes of residing area, together with 5 bedrooms and 5.5 bogs.
The residence has 13-foot ceilings and a 33-square-foot terrace/balcony on the entrance of the triangular form of the constructing.
The nice room overlooks Madison Sq. Park. Month-to-month widespread fees and actual property taxes are $29,415.
The constructing continues to be below building—changing the models to condos. As soon as full, there might be 38 models.
The opposite trophy properties below contract for the week ending April 5 are:
500 West 18th Avenue, West PH33B: $22,600,000
16 Fifth Avenue, 18: $17,500,000
140 Jane Avenue, 2S: $14,950,000
354 West twentieth Avenue: $13,999,999 (townhome)
173 Macdougal Avenue, 5WE: $12,900,000
39 West twenty third Avenue, PH: $12,500,000
32 Walker Avenue, 3: $10,250,000
Luxurious gross sales have continued to develop regardless of financial uncertainties. Up to now simply days into April, 21 condos have bought, in line with the Olshan Report—in comparison with 77 condos bought in April 2025.
“There may be additionally one thing that I can’t quantify, however it’s from years of expertise: When instances are turbulent, individuals typically search for a house to nest,” Olshan explains.
“We presently have vital headwinds: battle, a roiling inventory market, and stubbornly excessive rates of interest. I don’t assume any of this stuff are going away within the quick time period, and it simply underscores the significance of discovering a house that serves as a refuge from dysfunction, disruption, and world chaos.”
