$40.5M Condo Tops UES Luxury Real Estate Deals

UPPER EAST SIDE, NY — It was a busy week for the luxury real estate market on the Upper East Side, with five deals closing over the $4 million mark, according to the latest data from the Olshan Report.

The most expensive home in the neighborhood that sold this week was a condo that closed at a whopping $40,500,000, the Olshan Report said.

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The chart-topping condo is located at 1122 Madison Ave., between East 83rd Street and East 84th Street.

Designed by Studio Sofield, the building sits one block from Central Park and comprises 26 condo residences spread across 22 floors, in addition to a fitness center. Since launching sales, the building's owners have raised prices three times, Olshan reported.

Features of the apartment include two balconies, 11-foot ceilings, a 40-foot great room, and an eat-in kitchen.

Here are the Upper East Side's top contracts from Aug. 3 to Aug. 9.

1122 Madison Avenue - FLOOR19

• Address: 1122 Madison Ave, New York, NY 10028
• Price: $40,500,000
• Type: Condo
• Bedrooms: 5
• Bathrooms: 5.5
• Square Feet: 5,251

2 East 70th Street - 10A

970 Park Avenue - 10N

208 East 62nd Street

• Address: 208 E 62nd St, New York, NY 10065
• Price: $7,895,000
• Type: Townhouse
• Floors: 4
• Square Feet: 4,000

181 East 65th Street - 5A

• Address: 181 E 65th St, New York, NY 10021
• Price: $4,650,000
• Type: Condo
• Bedrooms: 4
• Bathrooms: 3
• Square Feet: 2,253

For questions, email Miranda.Levingston@Patch.com.