Catch 22

REAL ESTATE • In Contract

Last week’s Olshan luxury report, which tracks Manhattan signed contracts above $4M, was the fourth in a row to feature an apartment on W. 22nd St. With its tree-lined blocks and named new developments (The Cortland, Park House, 515W22), it’s an early contender for FOUND real estate’s Street of the Year.

For those keeping score, January was off to a strong start across Manhattan, with signed contracts up 9% YoY for condos and 13% for co-ops. Activity was especially strong north of $2M, with condo contracts tracking 23% ahead, and co-ops 24%.

Here, those four in contract above $4M on W. 22nd:

→ 525 W. 22nd St., 2F (Chelsea) • 3BR/3BA, 3000 SF condo • Closing ask: $6.75M • 13’ ceilings in Spears Building with 10’ x 20’ terrace • Days on market: 82 • Monthly taxes: $2260; Maintenance/CC: $2891 • Agents: Ariel Tavivian, Anna Kwon, and Yair Tavivian, Elliman.

→ 525 W. 22nd St., FL5 (Chelsea, above) • 2BR/2BA, 2956 SF condo • Closing ask: $4.35M • Another loft in Spears Building, “serene side” • Days on market: 82 • Monthly taxes: $2806; Maintenance/CC: $3308 • Agents: Lydia Sussek and Joelle Jensen, Elliman.

→ 555 W. 22nd St. 4EW (Chelsea) • 2BR/2.5BA, 2095 SF condo • Closing ask: $4.65M • In The Cortland, Robert A.M. Stern-designed on the Hudson • Sales launch: 6/14/22 • Monthly taxes: $3660; Maintenance/CC: $3161 • Agent: Sean Osher, CORE.

→ 129 W. 22nd St., 11th Fl. (Chelsea) • 4BR/3BA, 3600 SF condo • Closing ask: $4.995M • Full-floor with four exposures • Days on market: 94 • Monthly taxes: $2806; Maintenance: $5400 • Agents: Laurie Silverman, Sotheby’s.