Manhattan Contracts: Homes in NYC's tallest triumph; 20 contracts in 20 days at 520 Fifth Avenue

By CityRealty Staff | From Future New York Monday, May 20, 2024

Central Park Tower, 520 Fifth Avenue, and Sutton Tower all had big deals this past week

When most people picture New York City, they imagine the world's most iconic skyline filled with tall buildings. To look at the top contracts from May 13-19, 2024, that is what luxury buyers picture, too -- homes in Manhattan's tallest buildings accounted for five of the ten most expensive contracts. However, the prices were not quite so stratospheric; fewer sales over $10 million entered contract than in recent weeks.

For the second time in 2024, One High Line had Manhattan's top contract: Residence #WEST27A led by a comfortable margin, asking $17,915,000, up slightly from $17,565,000 on the building's offering plan. The 3,474-square-foot home starts with a massive corner Great Room; additional features include a custom kitchen by Bulthaup, a west-facing primary suite, and three secondary bedrooms with en suite baths.

Further uptown, a total of $16,800,000 across two units was signed at Central Park Tower, the tallest residential building in the world. Residence #69N, a high-floor two-bedroom, had the week's fourth-highest asking price at $10,000,000. Several stories down, Residence #36D had the tenth-highest asking price of $6,800,000.

Also of note, Residence #57B, a half-floor three-bedroom at Sutton Tower, the tallest building in Sutton Place, had the week's eighth-highest contract with an asking price of $7,050,000. This represents a 16% reduction from the $8.4 million listed in the building's initial offering plan, but nevertheless put Sutton Tower among Manhattan's top contracts for the first time.

Home to four of Manhattan's top ten contracts signed

520 Fifth Avenue living room with three exposures (Alden Studios)

Moreover, the sales team at 520 Fifth Avenue notes that the forthcoming supertall has signed twenty contracts in twenty days. Full completion is estimated to be about two years away, but buyers are already drawn to its eye-catching design with massive arched windows. Indeed, this feature is in demand throughout the boroughs -- Williamsburg boutique condominium The Graham only launched sales last week, but a full-floor two-bedroom has already entered contract.

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#10. Central Park Tower, #36D
Last Ask: $6,800,000

Midtown West | Condominium | 2 Bedrooms, 2.5 Baths | 1,886 ft²

Central Park Tower, #36D (Corcoran Sunshine Marketing Group)

From the Listing: This corner two bedroom, two-and-a-half-bathroom home at Central Park Tower boasts a gracious and intelligent floor plan. Residence 36D features both south and east exposures and breathtaking views of the iconic Manhattan skyline from an elevation of 375 feet. Soaring ceiling heights of 10'7" and floor-to-ceiling glass spanning the entire residence allow for an abundance of natural light. This luxury residence is designed for grand entertaining with a corner living room and large dining area. See floor plan and full details here.

Central Park Tower has 14 public availabilities from $6,895,000.

#9. 38 West 26th Street, #PH12
Last Ask: $6,995,000 (-6.1%)

Chelsea | Cooperative | 3 Bedrooms, 2 Baths | 5,500 ft²

38 West 26th Street, #PH12 (Douglas Elliman Real Estate)

From the Listing: This expansive full-floor loft with four exposures and soaring ceilings was meticulously renovated and designed by architect Reinhold Martin for the artist owner's live-work and international pied-a-terre lifestyle. A keyed elevator opens onto private landing hallway on 12th floor and the massive 60’ by 99’ floor plate. The south side's public space consists of an extravagant living area with a vintage wood burning fireplace, a large chef’s kitchen, a dining area, and a bookshelf-lined library. Two bedrooms with abundant light are on the east side, and the north side was once used as the artist’s studio and office. See floor plan and full details here.

38 West 26th Street has 1 public availability asking $4,995,000.

#8. Sutton Tower, #57B
Last Ask: $7,050,000

Beekman/Sutton Place | Condominium | 3 Bedrooms, 3.5 Baths | 2,116 ft²

Sutton Tower, #57B (Corcoran Sunshine Marketing Group)

From the Listing: Residence #57B is an exquisite half-floor residence designed for exceptional and memorable entertaining experiences. Massive floor-to-ceiling windows frame endless forever views of the New York Harbor, East River, Brooklyn Bridge, Iconic Manhattan skyline, Central Park and beyond. This dramatic 3-bed / 3.5-bath has a sun-drenched living room with a windowed dining area showcasing magical sunsets at dusk and dazzling city lights at night! Architectural designer Thomas Juul-Hansen unites elegant design with timeless materials and meticulously executed detailed interiors. See floor plan and full details here.

Sutton Tower has 12 public availabilities from $1,895,000.

#7 (tie). 35 Hudson Yards, #6404
Last Ask: $7,995,000

Midtown West | Condominium | 3 Bedrooms, 5.5 Baths | 3,099 ft²

35 Hudson Yards, #6404 (Corcoran Sunshine Marketing Group)

From the Listing: This expertly planned three-bedroom residence boasts 10'10" ceilings, lavish satin finish wide plank French oak floors, and stunning views of the Hudson River from the corner Great Room. The windowed eat-in kitchen has been outfitted with luxurious Smallbone of Devizes cabinetry with opal white marble counters and backsplash. Full suite of Gaggenau appliances, inclusive of a wine fridge and coffee maker, truly make this kitchen extraordinary. The primary bedroom boasts two large walk-in closets and a luxurious windowed primary bathroom which is wrapped in stunning iceberg quartzite, complete with stunning double vanity with Kinon panels, and full depth soaking tub. See floor plan and full details here.

35 Hudson Yards has 11 public availabilities from $5,300,000.

#7 (tie). The Wales, #6A
Last Ask: $7,995,000

Carnegie Hill | Condominium | 4 Bedrooms, 4.5 Baths | 2,936 ft²

The Wales, #6A (Corcoran Sunshine Marketing Group)

From the Listing: Generously scaled and sun-drenched, Residence 6A is a 2,936 square-foot corner home with four bedrooms, an additional library, four baths, and a powder room. The gracious entry gallery leads into a 24' x 21'3" great room with coffered ceilings and captivating southern and western corner windows, a wet bar, and an adjacent library. Interiors, custom designed by Cabinet Alberto Pinto, are outfitted with custom decorative cornices and base moldings, white oak flooring in a natural waxed finish in a herringbone pattern in entertaining rooms, and nearly 10' ceilings. See floor plan and full details here.

The Wales has 5 public availabilities from $1,050,000.

#6. 812 Park Avenue, #7/8C
Last Ask: $9,250,000

Park/Fifth Ave. to 79th St. | Cooperative | 4 Bedrooms, 4.5 Baths

812 Park Avenue, #7/8C (Corcoran Group)

From the Listing: Move right in to this beautifully renovated and immaculately maintained 10 into 9 room duplex in one of J.E.R. Carpenter's most desirable buildings. The cozy entrance vestibule leads to a truly impressive gallery with a sweeping circular staircase, setting the tone for grand entertaining and gracious living, with ceiling heights of 10 feet throughout the first floor. Arched openings lead to a cozy paneled and lacquered library with bar and a light filled living room. The south-facing dining room is entered through well scaled double doors and leads to a carefully outfitted pantry, with icemaker, additional dishwasher, and a light filled gourmet kitchen with dining area. Also included is a large basement storage unit. See floor plan and full details here.

812 Park Avenue has 3 public availabilities from $8,500,000.

#5. 77 Reade Street, #PHE
Last Ask: $9,280,000

Tribeca | Condominium | 5 Bedrooms, 5.5 Baths | 4,198 ft²

77 Reade Street, #PHE (Corcoran Group)

From the Listing: The result of a seamless combination of two penthouse units, this palatial 4,198-square-foot loft welcomes you on the contemporary upper level, where ceilings soar over wide-plank hardwood floors, a wall of sunny south-facing windows and an expansive open layout perfect for grand entertaining and comfortable daily life. One very large storage unit transfers with sale. Option to purchase two private parking places. See floor plan and full details here.

77 Reade Street has no public availabilities.

#4. Central Park Tower, #69N
Last Ask: $10,000,000

Midtown West | Condominium | 2 Bedrooms, 3.5 Baths | 1,435 ft²

Central Park Tower, #69N (Corcoran Sunshine Marketing Group)

From the Listing: This north-facing two-bedroom, two-and-a-half-bathroom residence is located at an elevation of over 725 feet and features direct views of Central Park from every room in the home. Floor-to-ceiling glass spanning the entire residence, allows for an abundance of natural light. The formal entry foyer opens to a great room featuring soaring ceiling heights of 10'7." The split bedroom layout provides for privacy and comfort with en-suite bathrooms as well as a separate powder room. The gourmet kitchen features custom cabinetry by Smallbone of Devizes and premium Miele appliances. See floor plan and full details here.

Central Park Tower has 14 public availabilities from $6,895,000.

#3. 25 Bond Street, #4E
Last Ask: $10,500,000 (-12.5%)

NoHo | Condominium | 3 Bedrooms, 4 Baths | 3,704 ft²

25 Bond Street, #4E (Sothebys International Realty)

From the Listing: A sprawling 3,700 square feet, Apartment 4E is an impeccably finished half-floor residence with three bedrooms, three and a half bathrooms and a luxury of living space. The entertainment space in the residence spans 45 feet along Bond Street, boasting north-facing views of NoHo’s unique historic architecture and charming cobblestone streets. The pristine Kitchen is open to the Great Room and features custom teak cabinetry designed by Balthaup, polished slate countertops, and state-of-the art Miele appliances including a built-in double wall oven, microwave, and espresso machine, a six-burner range and hood, two Sub-Zero refrigerators and a Sub-Zero wine refrigerator. Two parking spaces in the building's private garage transfer with sale. See floor plan and full details here.

25 Bond Street has no public availabilities.

#2. The Loft, #5B
Last Ask: $10,950,000

SoHo | Condominium | 3 Bedrooms, 4 Baths | 4,164 ft²

The Loft, #5B (Compass)

From the Listing: Residence #5B features 12-foot high ceilings and an abundance of natural light from its 12 enormous windows. The east and west exposures offer views of Soho creating an open and airy atmosphere that is unparalleled in the city. It boasts a library, a screening-media room, and a large open kitchen with a breakfast nook .The laundry-mud room, custom-built closets, and two private storage rooms which transfer with the loft provide ample storage space for all your needs. See floor plan and full details here.

The Loft has no public availabilities.

#1. One High Line, #WEST27A
Last Ask: $17,915,000

Chelsea | Condominium | 4 Bedrooms, 4.5 Baths | 3,474 ft²

One High Line, #WEST27A (Corcoran Sunshine Marketing Group)

From the Listing: West 27A at One High Line is a 3,474-square-foot four-bedroom and four-and-a-half-bathroom corner residence curated by Gabellini Sheppard Associates. This remarkable home features southern and western exposure overlooking the Hudson River and receiving an abundance of natural light throughout the day. Residence 28A home boasts a generous great room and open kitchen custom designed by Bulthaup, complete with White Princess Quartzite countertops and backsplash, a robust Gaggenau appliance package and stainless-steel fixtures by CEA Design. The west-facing primary suite, complete with floor-to-ceiling windows, welcomes natural light throughout the day. See floor plan and full details here.

One High Line has 41 public availabilities from $2,230,000.

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#10. Central Park Tower, #36D
Last Ask: $6,800,000

Central Park Tower has 14 public availabilities from $6,895,000.

#9. 38 West 26th Street, #PH12
Last Ask: $6,995,000 (-6.1%)

38 West 26th Street has 1 public availability asking $4,995,000.

#8. Sutton Tower, #57B
Last Ask: $7,050,000

Sutton Tower has 12 public availabilities from $1,895,000.

#7 (tie). 35 Hudson Yards, #6404
Last Ask: $7,995,000

35 Hudson Yards has 11 public availabilities from $5,300,000.

#7 (tie). The Wales, #6A
Last Ask: $7,995,000

The Wales has 5 public availabilities from $1,050,000.

#6. 812 Park Avenue, #7/8C
Last Ask: $9,250,000

812 Park Avenue has 3 public availabilities from $8,500,000.

#5. 77 Reade Street, #PHE
Last Ask: $9,280,000

77 Reade Street has no public availabilities.

#4. Central Park Tower, #69N
Last Ask: $10,000,000

Central Park Tower has 14 public availabilities from $6,895,000.

#3. 25 Bond Street, #4E
Last Ask: $10,500,000 (-12.5%)

25 Bond Street has no public availabilities.

#2. The Loft, #5B
Last Ask: $10,950,000

The Loft has no public availabilities.

#1. One High Line, #WEST27A
Last Ask: $17,915,000

One High Line has 41 public availabilities from $2,230,000.

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