From August 15-21, 2021, a total of 309 condo, co-op, and condop sales were recorded in Manhattan at an aggregate price of $562,916,852, or a median price of $1.18 million. The 138 condo sales closed at a median price of $1.59 million, or $1,508 per square foot, and the 164 co-op sales came to a median price of $884,500. It remains to be seen whether the market is experiencing a typical summer slowdown, or if the rise in Delta variant cases is giving some buyers pause.
With the exception of a home at The Majestic, a twin-towered pre-war cooperative across the street from The Dakota, the past week's top sales were dominated by hip new downtown buildings. A penthouse at 56 Leonard Street had the top sale, closing for $29.5 million shortly after other penthouses in "the Jenga building" had the top contract for two weeks in a row. The second-highest sale took place at the Renzo Piano-designed 565 Broome Soho, where a condo closed for $16.2 million.
With the exception of a home at The Majestic, a twin-towered pre-war cooperative across the street from The Dakota, the past week's top sales were dominated by hip new downtown buildings. A penthouse at 56 Leonard Street had the top sale, closing for $29.5 million shortly after other penthouses in "the Jenga building" had the top contract for two weeks in a row. The second-highest sale took place at the Renzo Piano-designed 565 Broome Soho, where a condo closed for $16.2 million.
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On the luxury contracts side, 24 contracts asking $4 million and up were signed from August 16-22 with a total weekly asking price sales volume of $168,032,000. This is only the third time since February 2021 that the number of luxury contracts has fallen below 30, but Olshan Realty's market report attributes this to a typical summer slowdown, noting that 2021 is still on pace as one of the strongest years for the Manhattan luxury market.
The top contract of the past week was a high-floor home at 53W53, the Jean Nouvel-designed tower above the Museum of Modern Art. The 3,251-square-foot home entered contract with an asking price of $14.5 million, a discount from the $15.575 million when it was listed off of floor plans in 2016.
The second-highest contract was #76B at Fifteen Hudson Yards, a 2,986-square-foot corner unit asking $12.03 million. Indeed, it was a good week for the Hudson Yards/West Chelsea area - a high-floor home at 35 Hudson Yards also entered contract with an asking price of $9.8 million; and, a few blocks from New York's newest neighborhood, a penthouse at the Zaha Hadid-designed 520 West 28th Street entered contract asking $12 million.
The top contract of the past week was a high-floor home at 53W53, the Jean Nouvel-designed tower above the Museum of Modern Art. The 3,251-square-foot home entered contract with an asking price of $14.5 million, a discount from the $15.575 million when it was listed off of floor plans in 2016.
The second-highest contract was #76B at Fifteen Hudson Yards, a 2,986-square-foot corner unit asking $12.03 million. Indeed, it was a good week for the Hudson Yards/West Chelsea area - a high-floor home at 35 Hudson Yards also entered contract with an asking price of $9.8 million; and, a few blocks from New York's newest neighborhood, a penthouse at the Zaha Hadid-designed 520 West 28th Street entered contract asking $12 million.
Top Sales
From the listing:
This exceptional and breathtaking 5,200-square-foot condominium residence, with soaring 14-foot ceilings and enormous floor-to-ceiling windows, occupies the entire 55th floor in one of downtown’s top full service award-winning buildings in the heart of Tribeca.
Double elevators open into a large entrance gallery, which leads to a spectacular and grand entertaining space spanning 70 feet and capturing breathtaking and dramatic views from river to river and beyond. Perfectly situated off the entertainment space is an extraordinary 600 square foot terrace, which floats majestically over the city and has panoramic views in all directions. The vast 23 ×13-foot chef’s eat-in kitchen is situated at the south end of the penthouse, and commands impressive views of the downtown skyline and Hudson River. No expense has been spared in designing the kitchen, which includes an Absolute Black Granite Center Island, a fully vented 6-burner Miele stove, double Miele ovens and double Sub-Zero refrigerator and freezers.
This exceptional and breathtaking 5,200-square-foot condominium residence, with soaring 14-foot ceilings and enormous floor-to-ceiling windows, occupies the entire 55th floor in one of downtown’s top full service award-winning buildings in the heart of Tribeca.
Double elevators open into a large entrance gallery, which leads to a spectacular and grand entertaining space spanning 70 feet and capturing breathtaking and dramatic views from river to river and beyond. Perfectly situated off the entertainment space is an extraordinary 600 square foot terrace, which floats majestically over the city and has panoramic views in all directions. The vast 23 ×13-foot chef’s eat-in kitchen is situated at the south end of the penthouse, and commands impressive views of the downtown skyline and Hudson River. No expense has been spared in designing the kitchen, which includes an Absolute Black Granite Center Island, a fully vented 6-burner Miele stove, double Miele ovens and double Sub-Zero refrigerator and freezers.
From the listing:
This one-of-a-kind 4,682-square-foot full-floor residence with 10’ ceilings and 6-inch wide-plank white oak floors features 4 bedrooms, 4 bathrooms and a powder room. Keyed elevator access and a well-proportioned foyer, ideal for displaying art, leads into an expansive 40-foot great room exceptionally designed for both entertaining and daily living. Floor-to-ceiling glass wraps the corner great room allowing for abundant natural light and spectacular Hudson River views to the west and north views showcasing the Empire State and Chrysler Buildings. Directly off of the great room is a windowed library, which can be closed off by pocket doors.
The eat-in kitchen, open to the great room, features floor-to-ceiling windows with west and south views. The kitchen can be closed-off by pocket doors, allowing for a more formal experience if needed. Beautifully designed and equipped for serious cooking, the kitchen features fully-integrated Miele appliances including a six-burner gas cooktop with built-in vented hood, double-oven, warming drawer, full-size refrigerator and freezer, two dishwashers, and wine cooler. A rich mix of materials with custom designed back-painted glass cabinetry, an expansive center island breakfast bar, marble countertops, and Zucchetti fixtures complete this kitchen.
This one-of-a-kind 4,682-square-foot full-floor residence with 10’ ceilings and 6-inch wide-plank white oak floors features 4 bedrooms, 4 bathrooms and a powder room. Keyed elevator access and a well-proportioned foyer, ideal for displaying art, leads into an expansive 40-foot great room exceptionally designed for both entertaining and daily living. Floor-to-ceiling glass wraps the corner great room allowing for abundant natural light and spectacular Hudson River views to the west and north views showcasing the Empire State and Chrysler Buildings. Directly off of the great room is a windowed library, which can be closed off by pocket doors.
The eat-in kitchen, open to the great room, features floor-to-ceiling windows with west and south views. The kitchen can be closed-off by pocket doors, allowing for a more formal experience if needed. Beautifully designed and equipped for serious cooking, the kitchen features fully-integrated Miele appliances including a six-burner gas cooktop with built-in vented hood, double-oven, warming drawer, full-size refrigerator and freezer, two dishwashers, and wine cooler. A rich mix of materials with custom designed back-painted glass cabinetry, an expansive center island breakfast bar, marble countertops, and Zucchetti fixtures complete this kitchen.
6 Available Listings for Sale from $3M
From the listing:
An unprecedented opportunity awaits for those seeking a luxurious downtown living experience at the incomparable 80 East 10th Street. Positioned on the top two floors, this five-bedroom, five-and-a-half-bathroom full-floor residence offers timeless design with a contemporary edge.
Accessible by private elevator, this exceptional residence welcomes you into a loft-like inspired space with an open-plan highlighting 3 exposures in the great room. Additional features include 10-foot ceilings, fine custom millwork, 8 inch wide-plank oak hardwood flooring throughout, a stunning linear gas fireplace wrapped in Nero Marquina and Statuario marble and floor-to-ceiling windows.
Entertain friends and family in the beautiful custom designed open chef’s kitchen complete with top-of-the-line appliances including a Calacatta marble island with waterfall detail, countertop and backsplash, custom Dada by Molteni Group cabinetry in lacquer and oak finish, Miele appliances and high-efficiency LED recessed lighting.
An unprecedented opportunity awaits for those seeking a luxurious downtown living experience at the incomparable 80 East 10th Street. Positioned on the top two floors, this five-bedroom, five-and-a-half-bathroom full-floor residence offers timeless design with a contemporary edge.
Accessible by private elevator, this exceptional residence welcomes you into a loft-like inspired space with an open-plan highlighting 3 exposures in the great room. Additional features include 10-foot ceilings, fine custom millwork, 8 inch wide-plank oak hardwood flooring throughout, a stunning linear gas fireplace wrapped in Nero Marquina and Statuario marble and floor-to-ceiling windows.
Entertain friends and family in the beautiful custom designed open chef’s kitchen complete with top-of-the-line appliances including a Calacatta marble island with waterfall detail, countertop and backsplash, custom Dada by Molteni Group cabinetry in lacquer and oak finish, Miele appliances and high-efficiency LED recessed lighting.
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Top Contracts
From the listing:
Balancing grand scale living with the intimate feeling of home, Residence 58B at 53 West 53 comprises 3,251 square feet, offering three bedrooms, three-and-a-half bathrooms, and north-, south-, east-, and west-facing exposures. Gracious proportions and ceilings ranging up to approximately 11 feet set the awe-inspiring stage for world-renowned designer Thierry Despont's masterfully conceived interiors. Bespoke detailing typically reserved for privately commissioned homes abounds, while a rich yet soft palette of museum-quality finishes imbues each space with both modern glamour and timeless elegance.
From the entry gallery, the generous living room is lined on two sides with floor-to-ceiling windows that artfully frame south- and west-facing views. Beyond a dramatic pocket door awaits the custom kitchen by Thierry Despont for Molteni, where polished statuary marble countertops and a back-lit statuary backsplash complement back-painted glass cabinetry with polished nickel detailing and Dornbracht fixtures. The extensive suite of appliances by Miele and Sub-Zero includes a fully integrated refrigerator and freezer, five-burner cooktop with fully vented hood, integrated dishwasher, wall oven, speed oven, under-counter wine refrigerator, and integrated coffee maker.
Balancing grand scale living with the intimate feeling of home, Residence 58B at 53 West 53 comprises 3,251 square feet, offering three bedrooms, three-and-a-half bathrooms, and north-, south-, east-, and west-facing exposures. Gracious proportions and ceilings ranging up to approximately 11 feet set the awe-inspiring stage for world-renowned designer Thierry Despont's masterfully conceived interiors. Bespoke detailing typically reserved for privately commissioned homes abounds, while a rich yet soft palette of museum-quality finishes imbues each space with both modern glamour and timeless elegance.
From the entry gallery, the generous living room is lined on two sides with floor-to-ceiling windows that artfully frame south- and west-facing views. Beyond a dramatic pocket door awaits the custom kitchen by Thierry Despont for Molteni, where polished statuary marble countertops and a back-lit statuary backsplash complement back-painted glass cabinetry with polished nickel detailing and Dornbracht fixtures. The extensive suite of appliances by Miele and Sub-Zero includes a fully integrated refrigerator and freezer, five-burner cooktop with fully vented hood, integrated dishwasher, wall oven, speed oven, under-counter wine refrigerator, and integrated coffee maker.
From the listing:
Located on the prized southwest corner of Fifteen Hudson Yards, this remarkable home enjoys grand proportions and mesmerizing views of the Hudson River, New York Harbor, Statue of Liberty, Freedom Tower and Downtown skyline from morning to night! The gracious 6-foot wide foyer leads to the giant great room with ceilings up to 10'10" and stunning views in every direction. The oversized open kitchen features a grand marble island, Bulthaup cabinetry with large pantry and Miele appliances including double ovens and wine storage. The primary suite is very private, enjoying river views, an oversized bathroom with soaking tub and large shower and two massive walk-in closets. Two additional bedroom suites enjoy en-suite baths and a walk-in laundry room, while the fourth bedroom could also double as a library, office or media room and could be opened to the great room if desired.
Located on the prized southwest corner of Fifteen Hudson Yards, this remarkable home enjoys grand proportions and mesmerizing views of the Hudson River, New York Harbor, Statue of Liberty, Freedom Tower and Downtown skyline from morning to night! The gracious 6-foot wide foyer leads to the giant great room with ceilings up to 10'10" and stunning views in every direction. The oversized open kitchen features a grand marble island, Bulthaup cabinetry with large pantry and Miele appliances including double ovens and wine storage. The primary suite is very private, enjoying river views, an oversized bathroom with soaking tub and large shower and two massive walk-in closets. Two additional bedroom suites enjoy en-suite baths and a walk-in laundry room, while the fourth bedroom could also double as a library, office or media room and could be opened to the great room if desired.
From the listing:
Sprawling indoor-outdoor home with 3,104 square feet interior and 1804 contiguous square feet exterior. On a high floor this residence overlooks the West Chelsea skyline The High Line the verdant new sculpture garden and the Hudson River. The level of interior detailing is remarkable on every level including features such as 10-foot wide motorized windows, distinctive curved window detailing, sculptural kitchen islands, high ceilings, and custom wall-paneling.
Sprawling indoor-outdoor home with 3,104 square feet interior and 1804 contiguous square feet exterior. On a high floor this residence overlooks the West Chelsea skyline The High Line the verdant new sculpture garden and the Hudson River. The level of interior detailing is remarkable on every level including features such as 10-foot wide motorized windows, distinctive curved window detailing, sculptural kitchen islands, high ceilings, and custom wall-paneling.
From the listing:
Experience dazzling sunset views over the Hudson River from this gracious corner three-bedroom home! This expertly planned split three bedroom residence boasts 10'10" ceilings, lavish satin finish wide plank French oak floors, expansive entry gallery, sun-drenched corner Great Room, and stunning views of the Hudson River from every 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 a large walk-in closet and a luxurious master bathroom which is wrapped in stunning iceberg quartzite, complete with stunning double vanity with Kinon panels, and full depth soaking tub. The second and third bedrooms are both equipped with en-suite baths. The utility room with side-by-side washer/dryer and handsome onyx-clad powder room are both conveniently located off the main hallway. No detail was overlooked in this truly exquisite home.
Experience dazzling sunset views over the Hudson River from this gracious corner three-bedroom home! This expertly planned split three bedroom residence boasts 10'10" ceilings, lavish satin finish wide plank French oak floors, expansive entry gallery, sun-drenched corner Great Room, and stunning views of the Hudson River from every 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 a large walk-in closet and a luxurious master bathroom which is wrapped in stunning iceberg quartzite, complete with stunning double vanity with Kinon panels, and full depth soaking tub. The second and third bedrooms are both equipped with en-suite baths. The utility room with side-by-side washer/dryer and handsome onyx-clad powder room are both conveniently located off the main hallway. No detail was overlooked in this truly exquisite home.
From the listing:
114 East 10th Street is located on a beautiful townhouse block, which recalls the illustrious history of New York where many prominent New Yorkers called home. Built in 1861, the impeccable structure with its Anglo-Italianate style is attributed to James Renwick, famed architect of St Patrick's Cathedral and nearby Grace Church.
The house has just completed a major renovation by esteemed designer Elizabeth Dow. (It can be purchased fully furnished.) Some of its features include a completely new air condition system, new elegant bathrooms, a wine cellar, state of the art lighting system, laundry on two levels, Sonos sound system, three gas fireplaces, private storage, lovely planted roof deck with sauna and wonderful city views.
In addition this townhouse has two separate entrances. The entrance on the lower level leads to a complete separate apartment with a beautifully landscaped garden. This apartment can be used for staff or easily rented.
114 East 10th Street is located on a beautiful townhouse block, which recalls the illustrious history of New York where many prominent New Yorkers called home. Built in 1861, the impeccable structure with its Anglo-Italianate style is attributed to James Renwick, famed architect of St Patrick's Cathedral and nearby Grace Church.
The house has just completed a major renovation by esteemed designer Elizabeth Dow. (It can be purchased fully furnished.) Some of its features include a completely new air condition system, new elegant bathrooms, a wine cellar, state of the art lighting system, laundry on two levels, Sonos sound system, three gas fireplaces, private storage, lovely planted roof deck with sauna and wonderful city views.
In addition this townhouse has two separate entrances. The entrance on the lower level leads to a complete separate apartment with a beautifully landscaped garden. This apartment can be used for staff or easily rented.
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?