Top 10 NYC Home Sales in Q2 2012

What do you think you might find at the high end of NYC’s residential market in Q2 2012? The answer might not be surprising– it’s mostly luxury co-ops in Manhattan, making up half of the top-10 priciest NYC homes sold in spring. What might surprise you instead is to find out that this quarter recorded the highest co-op sale Manhattan has ever seen–see it at #2.

The following list of luxury homes strengthens what was stated in this Wall Street Journal article, that there seems to be a  ” growing confidence that New York luxury properties can provide a haven for wealth in a turbulent economy.”

#1 50 Central Park South #30/31, Manhattan

Price: $70 million

The scoop: The Midtown condo combo was sold in June to casino magnate Steve Wynn, after being listed for $77.5 million. This is also the second-highest home sale Manhattan has ever seen.

#2 740 Park Ave #1213, Manhattan

Price: $52,500,000

The scoop: A record-breaking sale for Manhattan co-ops, this 8-bedroom, 10-bathroom duplex was sold in April to billionaire investor Howard Marks and his wife, Nancy. A look at the building’s tenant list makes you understand why this was named “the world’s richest apartment building” in Michael Gross’ book of the same title.

#3. 973 5 Ave, Manhattan

Price: $42,000,000

The scoop: Another stratospheric sale, for townhouses this time. The Standford White-designed single-family home sold in June, setting the record for 2012 townhouse buys.

Check out the rest of the homes that make up our top 10. Since 60% of transactions took place in June, we’re hoping to see more than the usual summer slowdown in the following months.