Manhattan Sales:
- For the week ending January 26, 2024, $502,558,879 worth of transactions across 238 condo, condop, and cooperative deals were recorded
- 84 condo sales came to an aggregate price of $261,612,494
- 10 condop sales came to an aggregate price of $15,914,657
- 144 co-op sales came to an aggregate price of $225,031,728
In this article:
Design trends, "it neighborhoods," and amenity fads come and go, but Central Park views remain in demand among luxury buyers -- three of last week's top five sales enjoy direct views of New York's backyard.
That was especially true of the week's top sale: The full-floor Residence #83 at One57 enjoys incredible Central Park frontage from the 60-foot Great Room. It also boasts a reimagined eat-in kitchen, a south-facing home office that can become a fifth bedroom, a super-luxe south-facing primary suite, and an upgraded home automation system that includes motorized shades on the floor-to-ceiling windows. It entered contract with an asking price of $34 million in November 2023 and ultimately closed for $30,535,000.
While the buyers of One57 will enjoy their park views from a Billionaires' Row aerie, the buyers of Manhattan's second- and third highest-priced apartments are directly adjacent to Central Park. Case in point: The unidentified buyers of Penthouse #23 at 50 Central Park South will look directly onto the park from their Great Room as well as a private setback terrace. The closing price of $27,900,000 represented a $9.1 million reduction from when it was listed for $37 million in June 2022, but was nevertheless good enough for the second-highest sale of the week.
It was trailed by Residence #9B at the J.E.R. Carpenter-designed 1060 Fifth Avenue, a six-bedroom home commanding magnificent views of Central Park, the Reservoir, and Museum Mile. It closed for $19,500,000 in what appears to be an off-market deal for the week's top co-op sale and third-highest overall. The buyer conducted the transaction through a trust, but the building has counted former Ambassador Bruce Gelb among its past residents.
It was trailed by Residence #9B at the J.E.R. Carpenter-designed 1060 Fifth Avenue, a six-bedroom home commanding magnificent views of Central Park, the Reservoir, and Museum Mile. It closed for $19,500,000 in what appears to be an off-market deal for the week's top co-op sale and third-highest overall. The buyer conducted the transaction through a trust, but the building has counted former Ambassador Bruce Gelb among its past residents.
The top sale outside the Central Park-adjacent area took place at One High Line, where the three-bedroom Residence #W26A closed for $10,250,000 in the top downtown sale and fifth-highest overall. Indeed, it was a good week for the Bjarke Ingels-designed development: A total of $22,150,000 in sales were closed there last week.
Claremont Hall wrapping up construction in Fall 2023
Also last week, Penthouse 41 at Claremont Hall closed for $9,989,005 almost exactly a year after it entered contract. While just shy of Manhattan's top five sales of the week, it set a new price record for Morningside Heights -- no other unit in the Robert A.M. Stern-designed tower or the nearby Vandewater, harbingers of a residential renaissance, has sold for so high a price. The Claremont Hall penthouse is the only unit in the building with its own private elevator entrance, and additional perks include a fireplace, a 26-foot private terrace, and triple exposures that include Central Park views.
Manhattan's Top 5 Closings Recorded Last Week
37 Available Listings for Sale from $2,220,000
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941 Park Avenue (CityRealty)
941 Park Avenue, #7/8A (Corcoran Group)
From the Listing:
As you exit your private elevator vestibule, you’ll be immediately struck by the beautiful marble foyer and grand staircase leading up to the second floor bedrooms. The 7th floor entertaining rooms include a vast, spacious, and sun-lit Park Avenue facing living room that is perfect for relaxation and entertaining. Adjacent to the living room is a beautiful booklined library, the perfect spot to curl up with a book or watch TV. The large and expansive dining room is ideal for hosting dinner parties and gatherings, while the butler’s pantry adds a touch of convenience and ease to your entertaining needs. The gigantic chef’s kitchen with living room and eat-in dining area is a true showstopper.
The beautiful staircase leads to the second floor landing and 5 spacious bedrooms, with four luxurious bathrooms. The corner primary bedroom is a true oasis, overlooking Park Avenue with western and southern window exposures, offering stunning views and peaceful tranquility. Each of the subsequent bedrooms offer grand living space, ample closets, and dedicated desk space to call one’s own.
As you exit your private elevator vestibule, you’ll be immediately struck by the beautiful marble foyer and grand staircase leading up to the second floor bedrooms. The 7th floor entertaining rooms include a vast, spacious, and sun-lit Park Avenue facing living room that is perfect for relaxation and entertaining. Adjacent to the living room is a beautiful booklined library, the perfect spot to curl up with a book or watch TV. The large and expansive dining room is ideal for hosting dinner parties and gatherings, while the butler’s pantry adds a touch of convenience and ease to your entertaining needs. The gigantic chef’s kitchen with living room and eat-in dining area is a true showstopper.
The beautiful staircase leads to the second floor landing and 5 spacious bedrooms, with four luxurious bathrooms. The corner primary bedroom is a true oasis, overlooking Park Avenue with western and southern window exposures, offering stunning views and peaceful tranquility. Each of the subsequent bedrooms offer grand living space, ample closets, and dedicated desk space to call one’s own.
1060 Fifth Avenue (CityRealty)
2 Available Listings for Sale from $4,050,000
50 Central Park South (CityRealty)
50 Central Park South, #23 (Douglas Elliman)
From the Listing:
Very rarely does a home of this size and provenance come to market-especially with over 120 linear feet of direct Central Park frontage. The entire 23rd floor at The Ritz-Carlton Residences, Central Park is an incredible, sprawling simplex at nearly 9,500 square feet with five bedrooms, seven and a half bathrooms and exposures to the north, south, east, and west. Featuring a private vestibule off the dedicated residences elevator, one is welcomed by a gracious and central foyer, from which the home expands into three distinct wings: the living and entertaining spaces, a nearly 2,500-square-foot primary suite, and the secondary private chambers. The iconic, setback terrace offers the most picture-perfect, sweeping views onto Central Park, framed by the treasured buildings lining Fifth Avenue and Central Park West.
Very rarely does a home of this size and provenance come to market-especially with over 120 linear feet of direct Central Park frontage. The entire 23rd floor at The Ritz-Carlton Residences, Central Park is an incredible, sprawling simplex at nearly 9,500 square feet with five bedrooms, seven and a half bathrooms and exposures to the north, south, east, and west. Featuring a private vestibule off the dedicated residences elevator, one is welcomed by a gracious and central foyer, from which the home expands into three distinct wings: the living and entertaining spaces, a nearly 2,500-square-foot primary suite, and the secondary private chambers. The iconic, setback terrace offers the most picture-perfect, sweeping views onto Central Park, framed by the treasured buildings lining Fifth Avenue and Central Park West.
One57, #83 (Douglas Elliman)
From the Listing:
Located on the 83rd floor, this sprawling home with panoramic views measures approximately 6,250 square feet with four bedrooms plus home office and five-and-a-half baths. Ascending up the key locked elevators, a private landing leads into this grand residence. The entry gallery is the first look into the home’s beautiful upgrades that are found throughout as evidenced by the marble floors and Venetian plaster. Through glass sliding doors, a nearly 60-foot wide great room provides incredible frontage of Central Park and Hudson River views through 12-foot floor-to-ceiling windows. The great room comes complete with custom built-ins and renovated powder room.
Adjacent to the great room is the eat-in kitchen completely reimagined with an integrated appliance package, upgraded cabinetry, countertops and book matched marble backsplash. Facing west, the kitchen glows in afternoon light and has ample room for a breakfast table. Along the corridor, perfect for any art enthusiast, are three well-proportioned secondary bedrooms with en-suite bathrooms and built-out closets. A light-filled south facing office with iconic Manhattan skyline views offer flexibility as an additional bedroom.
Located on the 83rd floor, this sprawling home with panoramic views measures approximately 6,250 square feet with four bedrooms plus home office and five-and-a-half baths. Ascending up the key locked elevators, a private landing leads into this grand residence. The entry gallery is the first look into the home’s beautiful upgrades that are found throughout as evidenced by the marble floors and Venetian plaster. Through glass sliding doors, a nearly 60-foot wide great room provides incredible frontage of Central Park and Hudson River views through 12-foot floor-to-ceiling windows. The great room comes complete with custom built-ins and renovated powder room.
Adjacent to the great room is the eat-in kitchen completely reimagined with an integrated appliance package, upgraded cabinetry, countertops and book matched marble backsplash. Facing west, the kitchen glows in afternoon light and has ample room for a breakfast table. Along the corridor, perfect for any art enthusiast, are three well-proportioned secondary bedrooms with en-suite bathrooms and built-out closets. A light-filled south facing office with iconic Manhattan skyline views offer flexibility as an additional bedroom.
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?
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