realestate

Russian Billionaire's Manhattan Penthouse Tops Luxury Sales Charts in West Village

West Village condo and Russian billionaire's penthouse top Manhattan luxury sales.

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luxury condo at 140 Jane Street and a penthouse tied to a Russian billionaire topped the Manhattan market last week. The priciest deal was unit PH11, asking $45 million, which sold between November 11-17, according to Olshan Realty's weekly report. This sale was part of 37 homes in Manhattan that found buyers with an asking price of $4 million or more during this period.

    The total number of signed deals decreased from the previous week but the volume reached a high of around $365 million, surpassing the largest sales since Christmas week in 2021. The penthouse at 140 Jane Street spans 5,700 square feet and features five bedrooms, five bathrooms, and a 1,700-square-foot terrace with a hot tub overlooking the Hudson River.

    The building's developer, Aurora Capital Partners, has seen success with its sales, with another unit selling for around $40 million in October. Amenities planned for the building include a doorman, parking garage, fitness center, and lap pool. The projected sellout is around $400 million.

    PH40A at 15 Central Park West was the second most expensive property to land a signed contract, asking $39 million after being reduced from its original price of $65 million. The 5,400-square-foot apartment has four bedrooms, three bathrooms, and a great room overlooking Central Park. Russian billionaire Valery Kogan's wife, Olga, had previously owned the unit before it was re-listed.

    Of the 37 homes sold, 26 were condos, nine were co-ops, and two were townhouses. The average asking price was just under $10 million, with a median of $6.4 million. The typical home spent 765 days on the market and was discounted by 14 percent from its listing price.

Russian billionaire's luxurious penthouse apartment in Manhattan's West Village neighborhood.