Central Park Tower (Extell Marketing Group)
Manhattan Sales:
- For the week ending December 27, 2024, $420,947,482 worth of transactions across 187 condo, condop, and cooperative deals were recorded
- 79 condo sales came to an aggregate price of $256,999,062
- Four condop sales came to an aggregate price of $6,920,000
- 104 co-op sales came to an aggregate price of $157,028,420
In this article:
Owing to businesses and government offices being closed due to the Christmas holiday in the middle of the week on December 25, the number of sales recorded in Manhattan on the fourth full week of December 2024 couldn't help but dip week over week. However, high-priced sales at the city's newest luxury supertalls as well as prestigious cooperatives were nevertheless recorded during this time.
Central Park Tower, #120 (Extell Marketing Group)
The highest-priced sale of the week took place in New York's highest residential building: Residence #120 at Central Park Tower closed for $45,427,625. The buyer conducted the transaction through an LLC, and The Real Deal noted that it was in the care of a Hong Kong-registered investment fund. Located on one of the uppermost levels of the Billionaires' Row supertall, this full-floor home looks out on panoramic views of Central Park and the Manhattan skyline from the living and entertaining areas, and the primary suite at the opposite end overlooks the Hudson River.
Residence #120 came in at 1.85 times the price of the second-highest sale of the week, but the closing price represents a 30 percent reduction from the initial listing price of $65 million. This is not an anomaly: While Central Park Tower regularly commands the highest-priced sales in New York, and was briefly home to the most expensive sale of 2024 until it was dethroned a short time later, closings in the building come in under ask more often than not.
Closings at Central Park Tower (CityRealty)
111 West 57th Street (JDS Development Group)
A little further down Billionaires' Row, a similar trend is playing out at 111 West 57th Street: Residence #68 ultimately closed for $17,500,000, nearly 14 percent below the $20.25 million asking price when it entered contract in November 2024, and just over half the initial listing price of $30 million when it hit the market in March 2020. However, this was still good enough for the high-floor Tower Residence to rank as the fourth-highest sale of the week.
The week's top Downtown sale and third-highest overall took place at One High Line, where Penthouse #34B closed for $23,990,094. The four-bedroom, four and a half-bath penthouse was among $30,115,094 recorded across two sales at One High Line last week, and both units were located in the all-residential West Tower, the taller of the two towers comprising the development and the tallest building in its West Chelsea neighborhood. Both towers are uniquely tilted to make the most of views of the Manhattan skyline and the Hudson River.
On the Upper East Side, two units in prestigious cooperatives ranked among Manhattan's five highest-priced sales. The week's top co-op sale and second-highest overall was for the ninth floor of 927 Fifth Avenue, which closed for $24,500,000. The full-floor apartment facing Central Park was once owned by celebrity jeweler Harry Winston, and was listed for $39.5 million in November 2018. The price slowly but steadily decreased over time, and ultimately entered contract with an asking price of $25.95 million in August 2024. The buyer made the purchase with an LLC.
About ten blocks south at The Verona, Residence #8NE rounded out the top five sales of the week at $8,994,000 in what appears to have been an off-market transaction. The seller is listed as advertising executive/philanthropist Bruce Crawford as the executor of his wife Christine Crawford's estate. They were in esteemed company at The Verona; notable residents have included actors Samuel L. Jackson and LaTanya Richardson, media executive Jeff Zucker, and socialite Nancy "Slim" Keith.
Top Sales
The Verona (CityRealty)
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
111 West 57th Street (David Sundberg)
111 West 57th Street, #68 (Sotheby's International Realty)
From the Listing:
Designed by the renowned Studio Sofield, recognized for their impeccable quality of craftsmanship, this 3,873-square-foot residence offers a direct elevator entry gallery which leads into a sprawling full-floor, 3-bedroom, 3.5-bathroom Tower Residence. The formal entry gallery is finished with white macauba stone floors and offers a dramatic north to south view which opens into the sumptuous Great Room. This incredible space is highlighted by 14-foot ceilings and floor-to-ceiling windows which showcase unrivaled, perfectly centered views over Central Park.
Designed by the renowned Studio Sofield, recognized for their impeccable quality of craftsmanship, this 3,873-square-foot residence offers a direct elevator entry gallery which leads into a sprawling full-floor, 3-bedroom, 3.5-bathroom Tower Residence. The formal entry gallery is finished with white macauba stone floors and offers a dramatic north to south view which opens into the sumptuous Great Room. This incredible space is highlighted by 14-foot ceilings and floor-to-ceiling windows which showcase unrivaled, perfectly centered views over Central Park.
9 Available Listings for Sale from $14,500,000
One High Line (Evan Joseph)
One High Line, #PH34B (Corcoran Group)
From the Listing:
This remarkable home features northern, eastern, and western exposure overlooking the Hudson River and Manhattan skyline views and beyond. This half-floor penthouse home boasts a generous corner great room flanked by two Loggias totaling 459 square feet – a north-facing Loggia with far-reaching views of the iconic Midtown horizon and another with serene vistas of the Hudson River. The custom chef’s kitchen, designed by Bulthaup and complete with White Princess Quartzite countertops and backsplash, a robust Gaggenau appliance package and stainless-steel fixtures by CEA Design, can be opened into the western loggia, creating an atmosphere that is perfect for entertaining. The corner primary suite is complete with floor-to-ceiling windows boasting panoramic views of the city skyline and beyond.
This remarkable home features northern, eastern, and western exposure overlooking the Hudson River and Manhattan skyline views and beyond. This half-floor penthouse home boasts a generous corner great room flanked by two Loggias totaling 459 square feet – a north-facing Loggia with far-reaching views of the iconic Midtown horizon and another with serene vistas of the Hudson River. The custom chef’s kitchen, designed by Bulthaup and complete with White Princess Quartzite countertops and backsplash, a robust Gaggenau appliance package and stainless-steel fixtures by CEA Design, can be opened into the western loggia, creating an atmosphere that is perfect for entertaining. The corner primary suite is complete with floor-to-ceiling windows boasting panoramic views of the city skyline and beyond.
927 Fifth Avenue, #9FL (Brown Harris Stevens)
From the Listing:
Majestic full-floor 14-room apartment with spectacular grand rooms, 6 bedrooms, 5,740 square feet, 55’ frontage on Central Park with enjoyable views of nature and 4 corner rooms with double exposure distinguish this dazzling space centered high above the beautiful Conservatory Pond with views of tiny sailboats in spring and autumn, and glorious fireworks on July 4th and New Year’s Eve allowing for front row entertaining. Upon entry into this spectacular apartment, situated in a coveted Fifth Avenue building with only 12 floors and just one apartment per floor, one is immediately aware of brilliant sunlight, extraordinary views, and an abundance of space.
Majestic full-floor 14-room apartment with spectacular grand rooms, 6 bedrooms, 5,740 square feet, 55’ frontage on Central Park with enjoyable views of nature and 4 corner rooms with double exposure distinguish this dazzling space centered high above the beautiful Conservatory Pond with views of tiny sailboats in spring and autumn, and glorious fireworks on July 4th and New Year’s Eve allowing for front row entertaining. Upon entry into this spectacular apartment, situated in a coveted Fifth Avenue building with only 12 floors and just one apartment per floor, one is immediately aware of brilliant sunlight, extraordinary views, and an abundance of space.
Central Park Tower, #120 (Extell Marketing Group)
From the Listing:
This expansive north, south, east, and west-facing five-bedroom, five-and-one-half-bathroom residence boasts limitless views of Central Park, the Manhattan skyline, Hudson and East Rivers, and beyond from an elevation of over 1,250 feet. Over 11′ tall floor-to-ceiling windows provide for an abundance of light throughout. A private foyer leads to a formal reception gallery, providing the perfect entry to the gracious Grand Salon featuring triple exposures. An oversized, gourmet eat-in-kitchen boasts corner views through floor-to-ceiling windows, custom cabinetry by Smallbone of Devizes, and premium Miele appliances. The Primary Suite encompasses the entire western wing of this residence and features a formal sitting room, oversized bathroom with dual features. Enjoy picturesque sunrises, sunsets, and endless views from this residence.
This expansive north, south, east, and west-facing five-bedroom, five-and-one-half-bathroom residence boasts limitless views of Central Park, the Manhattan skyline, Hudson and East Rivers, and beyond from an elevation of over 1,250 feet. Over 11′ tall floor-to-ceiling windows provide for an abundance of light throughout. A private foyer leads to a formal reception gallery, providing the perfect entry to the gracious Grand Salon featuring triple exposures. An oversized, gourmet eat-in-kitchen boasts corner views through floor-to-ceiling windows, custom cabinetry by Smallbone of Devizes, and premium Miele appliances. The Primary Suite encompasses the entire western wing of this residence and features a formal sitting room, oversized bathroom with dual features. Enjoy picturesque sunrises, sunsets, and endless views from this residence.
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?
6sqft delivers the latest on real estate, architecture, and design, straight from New York City.
