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.
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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.
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)
#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)
#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)
#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)
#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)
#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)
#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)
#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)
#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)
#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)
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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