Former Google CEO Eric Schmidt found a buyer for his Noho penthouse.
The billionaire’s duplex at 25 Bond Street, asking just under $40 million, was the priciest home in Manhattan to enter contract last week, according to Olshan Realty’s weekly report. The apartment spans 6,400 square feet and has four bedrooms and three bathrooms.
A shell company tied to Schmidt bought Unit PHW from Wall Street and cryptocurrency executive Michael Daffey for $24.6 million in 2021. The condo underwent a multi-year renovation before it hit the market in mid-December, according to a Streeteast listing, which claims Schmidt never lived in the home.
The property also features wood-burning fireplaces, two terraces, an outdoor kitchen and hot tub. It sits atop the eight-story boutique building developed by Goldman Properties and completed in 2007. Its amenities include a doorman, gym and parking garage.
Compass’ Nick Gavin and Kimberly Pressman had the listing.
Schmidt’s penthouse was one of 29 Manhattan homes asking $4 million or more to land signed contracts in the first full week of February. The total was up from 22 deals inked in the previous period.
The second most expensive property to find a buyer was the 49th floor at 111 West 57th Street, with an asking price of $24 million. The apartment, which spans 4,500 square feet, initially asked just under $30 million when it was marketed off floorplans in 2016.
The condo has three bedrooms, three bathrooms, 14-foot ceilings and views overlooking Central Park.
Sotheby’s International’s Nikki Field Team took over sales at the 82-story building, rising above the former Steinway & Sons piano store, last summer. Since sales launched in 2018, 37 of the tower’s 60 units have traded, averaging roughly $4,200 per square foot. Its amenities include a fitness center, pool and private dining room.
Of the 29 properties to enter contract, 23 were condos and six were co-ops.
The homes’ combined asking price was $259 million, which works out to an average price of $8.9 million and a median of $6.3 million. The homes on average spent more than 750 days on the market and were discounted 5 percent from the original listing price.
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