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Half of 160 Leroy's erstwhile $80M penthouse is now in contract

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The nearly 5,000-square-foot apartment was asking $31.5 million

Via Douglas Elliman

The second priciest condo at the Herzog & de Meuron-designed undulating West Village building, 160 Leroy, is now in contract, Olshan Realty’s latest luxury market report has revealed.

The four-bedroom, four-and-a-half-bathroom penthouse was asking $31.5 million, and the condo was easily the priciest contract of the week, according to Olshan. This 4,849-square-foot apartment was originally part of a colossal $80 million penthouse that was cut into two following fears of the luxury market slowdown last year.

That other penthouse, Penthouse North, is still on the market, and is asking $48.5 million. As for Penthouse South (the condo that went into contract) some of the standout features here include the massive floor-to-ceiling windows that are over 12 feet tall, wide-plank Scandinavian larch wood floors, and a parking spot that comes with the price of the condo.

The condo also comes with an over 2,600-square-foot rooftop terrace, which features its own kitchen that’s fitted out with a barbecue grill, a Sub Zero refrigerator, and a Miele dishwasher.

What the building looked like in April this year.
Via Field Condition

The Ian Schrager-developed 160 Leroy has enjoyed considerable success from the start. Earlier this year news emerged that most of the condos in the building had already sold out. Among the currently available units (aside from the penthouses), prices range from $3.2 million for a one-bedroom condo, and go up $16.25 million for a four-bedroom, four-bathroom unit on the 12th floor of this 15-story building.

The building topped out in April this year, and construction is still on track to wrap by the end of this year. It now remains to be seen how much penthouse south will actually close for.