Selene was home to two of last week's top five sales
Manhattan Sales:
- For the week ending April 26, 2024, $384.9M worth of transactions across 201 condo, condop, and cooperative deals were recorded
- 86 condo sales came to an aggregate price of $253M
- Seven condop sales came to an aggregate price of $8.18M
- 107 co-op sales came to an aggregate price of $124.1M
In this article:
Last week, CityRealty released New York's best-selling buildings of the first quarter of 2024, as determined by contracts signed. If this was measured by sales logged, the top sales of the week ending April 26, 2024 indicate that at least two of those buildings would be well in the running to stay best-sellers at least into the next quarter.
During the last full week of April 2024, a total of $31,375,000 in sales was recorded at One High Line. Chief among them was Residence #WEST31A, which closed for $17,500,000. Not only is this more than the prices of the other closed units of the week combined, but it represents a new high for the two-towered Bjarke Ingels-designed building, beating the record closing set in winter 2024.
The sales at One High Line were divided evenly between the all-residential West Tower and the East Tower that will also house a Faena Hotel (opening estimated for early 2025) and open up to a public plaza on Tenth Avenue (completion estimated for later this year). The amenities recently opened, and residents can enjoy beautiful views of the High Line, the Hudson River, and the Manhattan skyline.
The sales at One High Line were divided evenly between the all-residential West Tower and the East Tower that will also house a Faena Hotel (opening estimated for early 2025) and open up to a public plaza on Tenth Avenue (completion estimated for later this year). The amenities recently opened, and residents can enjoy beautiful views of the High Line, the Hudson River, and the Manhattan skyline.
Selene (Evan Joseph)
Further uptown, a total of $17,625,000 across two sales was recorded at Selene, the Foster + Partners-designed condominium that has revitalized its section of Midtown East. Residence #53A closed for $8,883,000; exactly one floor below, Residence #52A was not far behind with a price of $8,742,000. While both prices represent a 6% reduction from their last listing price and a steep discount from their original asks of $22M and $22.5M, they were nevertheless good enough for the fourth- and fifth-highest prices of the past week.
"New York is New York...People from all over the world still want to be here" – Jill Iscol
The Upper East Side was home to the remaining two of Manhattan's top five sales of the week. Residence #ME, a five-bedroom residence at 135 East 79th Street, had the second-highest sale at $10,450,000. The building was an early harbinger of the prewar-inspired condos that would breathe new life into the Upper East Side. Public records indicate that the seller, identified only through an LLC, is taking a loss on it, having bought it from the sponsor for $13,250,000 in July 2014.
A short distance away at the Rosario Candela-designed 955 Fifth Avenue, a pair of side-by-side apartments had the top co-op sale and third-highest overall at $9,850,000. Public records list the seller as the estate of philanthropist/political advisor/author Jill Iscol. She listed the apartments for $17 million in April 2020, and the closing comes less than two years after her death in May 2022.
A short distance away at the Rosario Candela-designed 955 Fifth Avenue, a pair of side-by-side apartments had the top co-op sale and third-highest overall at $9,850,000. Public records list the seller as the estate of philanthropist/political advisor/author Jill Iscol. She listed the apartments for $17 million in April 2020, and the closing comes less than two years after her death in May 2022.
71 West 11th Street, #TH (The Corcoran Group)
Meanwhile, last week was also a good time for West Village townhouses. Public records indicate that 71 West 11th Street sold for $12,400,000. It was only recently renovated into a single-family townhouse, having long served as the home of Gene's, one of the oldest restaurants in the city. It might have been a pandemic casualty had local resident Sarah Jessica Parker not lobbied to relocate a CitiBike rack to allow for outdoor dining. She and other activists prevailed, and Gene's remains open for business only one door up from its original location.
The house came in 11.1% below the asking price of $13,950,000 when it entered contract in February 2024, but was nevertheless nearly four times what seller Peter Barbur, partner at Cravath, paid for it in August 2003. This information comes via public records, as does the identity of buyer Nathaniel Dean, a hedge fund executive.
The house came in 11.1% below the asking price of $13,950,000 when it entered contract in February 2024, but was nevertheless nearly four times what seller Peter Barbur, partner at Cravath, paid for it in August 2003. This information comes via public records, as does the identity of buyer Nathaniel Dean, a hedge fund executive.
About half a mile away, 40 Leroy Street closed for $9,400,000, or $595K below the asking price when it entered contract earlier this year. Crain's New York Business announced the sale and identified the sellers as actors Diane Kruger and Norman Reedus. The couple is highly protective of their privacy, as every aspect of this transaction shows – the exact address was not available when they made the purchase for $11.75 million in summer 2018, and they shopped the house as a whisper listing starting in February 2022, when they listed it for $13 million. The buyer is similarly private, identified only through an LLC.
Selene (Evan Jospeh)
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Selene entrance (Corcoran Group)
955 Fifth Avenue (CityRealty)
2 Available Listings for Sale from $5,950,000
135 East 79th Street (CityRealty)
1 Available Listing for Sale for $10,250,000
One High Line, #WEST31A (Corcoran Group)
From the Listing:
West 31A at One High Line is a 3,829-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 31A 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.
West 31A at One High Line is a 3,829-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 31A 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.
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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