The Schumacher, #PHA, the top contract for the first week of June 2024 (Corcoran Group)
The first full week of June 2024 saw a large number of luxury contracts signed throughout Manhattan. However, this was tempered by the fact that the asking prices of several of Manhattan's top 10 contracts could have been higher, but reflected price reductions.
Acclaimed firm Morris Adjmi Architects is best known for its context-sensitive designs like 83 Walker Street, The Grand Mulberry, Front & York, and The Huron, new construction buildings that look like they have always been part of their historic neighborhoods' fabric. However, the week's top contract took place at Morris Adjmi Architects' conversion of an existing building: At The Schumacher, a lithography studio turned luxury condominium, Penthouse #A had the top contract with an asking price of $21,000,000. Original details like arched windows remain intact, but this duplex penthouse boasts modern amenities like a state-of-the-art chef's kitchen, a corner primary suite with walk-in closet, a primary bath with steam shower, three secondary bedrooms with en suite baths, and not one but two private terraces.
Neither the buyer nor seller was identified, but public records indicate that the seller paid $14,800,000 for it in June 2019. Past residents include Academy Award-nominated actor Jonah Hill.
Neither the buyer nor seller was identified, but public records indicate that the seller paid $14,800,000 for it in June 2019. Past residents include Academy Award-nominated actor Jonah Hill.
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The Schumacher penthouse's asking price reflects a $1.5 million price reduction from when it was listed at the end of 2023, but was nevertheless the top contract by a comfortable margin. The second-highest contract, which was also the top co-op contract of the week, was for the third-floor home at 640 Park Avenue, asking $15,000,000. One of only 12 full-floor units in this J.E.R. Carpenter-designed building, it is accessed via private elevator landing and features grandly proportioned rooms, oversized windows, six wood-burning fireplaces, and original architectural details throughout.
Public records show that the unidentified seller is poised to take a loss on it, having paid $20,500,000 for it in June 2011. It was initially listed for $24,000,000 in July 2021.
Public records show that the unidentified seller is poised to take a loss on it, having paid $20,500,000 for it in June 2011. It was initially listed for $24,000,000 in July 2021.
199 Chrystie Street, #PH2 (Douglas Elliman)
Further downtown, Penthouse #2 at 199 Chrystie Street entered contract with an asking price of $11,495,000. While good enough for the seventh-highest contract of the week, it represents a price reduction of over 40% from the $19.5 million asking price listed in the building's offering plan. With this contract, only two sponsor units in the Thomas Juul-Hansen-designed building overlooking Sara D. Roosevelt Park remain on the market.
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#10. Carlton House, #7F
Last Ask: $6,995,000
Park/Fifth Ave. to 79th St. | Condop | 3 Bedrooms, 3.5 Baths | 2,380 ft2
Carlton House, #7F (Compass)
#9. 10 Sullivan Street, #7A
Last Ask: $8,500,000
SoHo | Condominium | 3 Bedrooms, 4 Baths | 2,950 ft2
10 Sullivan Street, #7A (Sothebys International Realty)
#8. 19 East 72nd Street, #9/10D
Last Ask: $8,650,000 (-8.9%)
Park/Fifth Ave. to 79th St. | Cooperative | 4 Bedrooms, 4.5 Baths
19 East 72nd Street, #9/10D (Brown Harris Stevens Residential Sales LLC)
#7. 199 Chrystie Street, #PH2
Last Ask: $11,495,000 (-23.3%)
Lower East Side | Condominium | 6+ Bedrooms, 6+ Baths | 4,722 ft2
199 Chrystie Street, #PH2 (Douglas Elliman Real Estate)
#6. 50 West 66th Street, #12D
Last Ask: $11,750,000
Central Park West | Condominium | 5 Bedrooms, 5.5 Baths | 3,889 ft2
50 West 66th Street, #12D (Corcoran Group)
#5. One Central Park, #70A
Last Ask: $13,000,000 (-23.5%)
Central Park West | Condominium | 3 Bedrooms, 6+ Baths | 3,920 ft2
One Central Park, #70A (Sothebys International Realty)
#4. 652 Hudson Street, #5S/6S
Last Ask: $13,200,000 (-11.7%)
West Village | Cooperative | 3 Bedrooms, 5 Baths
652 Hudson Street, #5S/6S (Sothebys International Realty)
#3. 200 Central Park South, #19DEF
Last Ask: $13,500,000
Midtown West | Cooperative | 3 Bedrooms, 4 Baths | 3,587 ft2
200 Central Park South, #19DEF (Compass)
#2. 640 Park Avenue, #3rdFloor
Last Ask: $15,000,000
Park/Fifth Ave. to 79th St. | Cooperative | 6+ Bedrooms, 6+ Baths
640 Park Avenue, #3rdFloor (Sothebys International Realty)
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
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