111 West 57th Street, home of two of the top five sales of last week (The Corcoran Group)
Manhattan Sales:
- From September 19-23, 2022, a total of 407 condos, co-ops, and condop sales closed
- The total sticker price sum came to $796,001,893
- The 157 condo sales came to an aggregate total of $461,526,403
- The 24 condop sales came to an aggregate total of $34,953,640
- The 226 co-op sales came to an aggregate total of $299,521,850
In this article:
A short time after 35 Hudson Yards' #PH90 had the top contract with a $49,500,000 asking price, the sale ultimately closed for $35,003,750. This was 29.3% below the last asking price, and 40.7% below the original asking price of $59,000,000.
Further uptown, it was a good week for 111 West 57th Street, the second-highest building and most slender tower in New York. The full-floor #59 closed for $26,297,770 in what appears to be an off-market deal. This is located in the new tower portion; at the top of the landmarked Steinway Hall, #PH20 ultimately closed for $18,500,000. This came in 18.5% below the last asking price of $21,000,000; however, when it entered contract in August 2022, it was noted that this ask was $2 million above the price listing on the initial offering plan.
However, even in this architecturally adventurous new landscape, classic Upper East Side architecture remains in high demand. The second-highest sale took place at 109 East 79th Street, where #PH16 closed for $28,125,413. The five-bedroom, five and a half-bath home spans a full floor and features a library, a windowed eat-in kitchen, a separate bedroom wing, and two private terraces.
109 East 79th Street's design draws inspiration from prewar influences, but the top co-op sale and fourth-highest overall, is the real deal: At 912 Fifth Avenue, a cooperative designed by Schwartz & Gross and dating back to 1925, #8AB closed for $22,500,000. Public records indicate that this sale included the apartment and a storage room.
109 East 79th Street's design draws inspiration from prewar influences, but the top co-op sale and fourth-highest overall, is the real deal: At 912 Fifth Avenue, a cooperative designed by Schwartz & Gross and dating back to 1925, #8AB closed for $22,500,000. Public records indicate that this sale included the apartment and a storage room.
Top Manhattan Sales
35 Hudson Yards, #PH90 (The Corcoran Group)
From the Listing:
Enter this remarkable 10,171-square-foot "compound in the sky" that encompasses the entire 90th floor by private elevator landing. No detail was overlooked in this expertly planned residence boasts ceiling heights up to 14 feet and lavishly finished, 7.5-inch-wide, French oak floors. The expansive Great Room spans over 1000 square feet, showcasing limitless southern views extending for miles towards downtown Manhattan, the Freedom Tower, the Statue of Liberty, East River Bridges, and even the Atlantic Ocean, flanked by two inviting fireplaces and extensive art walls for showcasing your collection. The dining room easily seats 12, and opens directly onto one of the city’s most magical private terraces, 454-square-foot with room for alfresco dining and lounge furniture with views that span from the Atlantic Ocean to Central Park on the horizon.
Enter this remarkable 10,171-square-foot "compound in the sky" that encompasses the entire 90th floor by private elevator landing. No detail was overlooked in this expertly planned residence boasts ceiling heights up to 14 feet and lavishly finished, 7.5-inch-wide, French oak floors. The expansive Great Room spans over 1000 square feet, showcasing limitless southern views extending for miles towards downtown Manhattan, the Freedom Tower, the Statue of Liberty, East River Bridges, and even the Atlantic Ocean, flanked by two inviting fireplaces and extensive art walls for showcasing your collection. The dining room easily seats 12, and opens directly onto one of the city’s most magical private terraces, 454-square-foot with room for alfresco dining and lounge furniture with views that span from the Atlantic Ocean to Central Park on the horizon.
109 East 79th Street, #PH16 (The Corcoran Group)
From the Listing:
Spanning a full floor and stretching to 6,548 square feet with 640 square feet of outdoor space and offering 100 feet of contiguous rooms and two terraces with south exposure, Penthouse 16 is a magnificent residence meticulously designed by Steven Harris Architects. Offering five bedrooms and a library, five ensuite bathrooms, and a powder room, this gracious home features lofty 11’2” ceilings and south, east, north and west exposures. Elegant architectural details and materials throughout include expansive casement style windows in a white bronze finish, 4” wide rift and quarter sawn American white oak flooring set in a chevron pattern in all living areas, recessed panel stile and rail doors with burnished nickel Nanz hardware, and custom plaster cornices in all primary rooms, hallways, vestibules, primary bathrooms, and powder rooms.
Spanning a full floor and stretching to 6,548 square feet with 640 square feet of outdoor space and offering 100 feet of contiguous rooms and two terraces with south exposure, Penthouse 16 is a magnificent residence meticulously designed by Steven Harris Architects. Offering five bedrooms and a library, five ensuite bathrooms, and a powder room, this gracious home features lofty 11’2” ceilings and south, east, north and west exposures. Elegant architectural details and materials throughout include expansive casement style windows in a white bronze finish, 4” wide rift and quarter sawn American white oak flooring set in a chevron pattern in all living areas, recessed panel stile and rail doors with burnished nickel Nanz hardware, and custom plaster cornices in all primary rooms, hallways, vestibules, primary bathrooms, and powder rooms.
2 Available Listings for Sale from $5,350,000
111 West 57th Street
9 Available Listings for Sale from $7,750,000
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912 Fifth Avenue (Sotheby's International Realty)
1 Available Listing for Sale for $5,999,000
111 West 57th Street, #PH20 (The Corcoran Group)
From the Listing:
The Landmark Penthouse atop 111 West 57th Street's iconic Steinway Hall provides an unparalleled opportunity for one who enjoys entertaining on a grandiose scale. The duplex Penthouse offers three bedrooms, and four-and-a-half bathrooms within 5,269 square feet of interior space, accentuated by 3,788 square feet of exterior space. Elevators open directly into the Landmark Penthouse's formal entrance gallery with adjacent interior office and an exquisite powder room finished in jewel onyx. The south gallery leads to the monumental great room which boasts double-height, 26-foot vaulted ceilings, a fireplace and arched glass doors opening onto a wraparound terrace with exposures to the south, east and west. The windowed kitchen features a countertop and backsplash in Cristallo Gold quartzite and top-of-the-line appliances by Gaggenau, including convection, steam and speed ovens, an integrated coffee maker and zoned, refrigerated wine storage.
The Landmark Penthouse atop 111 West 57th Street's iconic Steinway Hall provides an unparalleled opportunity for one who enjoys entertaining on a grandiose scale. The duplex Penthouse offers three bedrooms, and four-and-a-half bathrooms within 5,269 square feet of interior space, accentuated by 3,788 square feet of exterior space. Elevators open directly into the Landmark Penthouse's formal entrance gallery with adjacent interior office and an exquisite powder room finished in jewel onyx. The south gallery leads to the monumental great room which boasts double-height, 26-foot vaulted ceilings, a fireplace and arched glass doors opening onto a wraparound terrace with exposures to the south, east and west. The windowed kitchen features a countertop and backsplash in Cristallo Gold quartzite and top-of-the-line appliances by Gaggenau, including convection, steam and speed ovens, an integrated coffee maker and zoned, refrigerated wine storage.
9 Available Listings for Sale from $7,750,000
Notable Sales
Ruggles House, #11F (Compass)
When Bradley Tusk bought his Gramercy Park apartment for $3 million in early 2012, he was best known for his stints as Michael Bloomberg's campaign manager and as deputy governor of Illinois. These days, though, he devotes much of his time to venture capital firm Tusk Ventures, his new Lower East Side bookstore P&T Knitwear, and his own writing. Amidst all this, he and his wife, art historian Harper Montgomery, somehow found time to sell the apartment and make a profit on it.
From the Listing:
Located on the penultimate floor of the Ruggles House Lofts at 112 East 19th Street, this gracious home features an inviting open layout spanning approximately 1,900 square feet, 10’7” ceiling heights with beamed ceilings, and 12 massive (CitiQuiet) windows throughout. Exposures to the east, north, and west boast city vistas and views onto the historic buildings in the Gramercy area.
The light-filled magnificent 24’x 22’ great room extends by two solid pocket doors with vintage mirrors to the media room/den with custom built-in cabinetry including bookshelves and a desk. A sizable open chef’s kitchen offers uncompromising top-tier craftsmanship and features a Miele dishwasher, 6-burner Viking range with stainless steel hood, and an extra deep Franke stainless steel sink.
From the Listing:
Located on the penultimate floor of the Ruggles House Lofts at 112 East 19th Street, this gracious home features an inviting open layout spanning approximately 1,900 square feet, 10’7” ceiling heights with beamed ceilings, and 12 massive (CitiQuiet) windows throughout. Exposures to the east, north, and west boast city vistas and views onto the historic buildings in the Gramercy area.
The light-filled magnificent 24’x 22’ great room extends by two solid pocket doors with vintage mirrors to the media room/den with custom built-in cabinetry including bookshelves and a desk. A sizable open chef’s kitchen offers uncompromising top-tier craftsmanship and features a Miele dishwasher, 6-burner Viking range with stainless steel hood, and an extra deep Franke stainless steel sink.
70 Greene Street, #3 (Brown Harris Stevens)
Between his bustling Meatpacking District salon, his extensive runway, editorial and advertisement work, and his popular haircare line, Orlando Pita is one of the most well known hair stylists in the business. He is also one of the busiest, which may not have allowed for much time at the Soho loft he purchased for $4.2 million in August 2013. It has been on and off the market since 2017, but ultimately sold at a loss.
From the Listing:
This expansive two-bedroom, two-bathroom sanctuary is over 2, 200 square feet with the best of both worlds: a custom modern renovation in an historic, landmarked building. With only two other residences, 70 Greene sits on a beautiful quiet cobblestone street perfect for a discerning buyer. Notable features include keyed elevator with private entrance, exquisite oak finishes throughout, east and west exposures, lofty floor-to-ceiling triple-pane windows, and custom technology including electric shades, built-in speakers and master control panels.
From the Listing:
This expansive two-bedroom, two-bathroom sanctuary is over 2, 200 square feet with the best of both worlds: a custom modern renovation in an historic, landmarked building. With only two other residences, 70 Greene sits on a beautiful quiet cobblestone street perfect for a discerning buyer. Notable features include keyed elevator with private entrance, exquisite oak finishes throughout, east and west exposures, lofty floor-to-ceiling triple-pane windows, and custom technology including electric shades, built-in speakers and master control panels.
1 Available Listing for Sale for $4,599,000
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?
Content Specialist
Michelle Mazzarella
Michelle is a contributing writer and editor for real estate news in New York City
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