Over the past seven days, 90 closed condo, co-op, and condop sales in Manhattan aggregated $188.8 million in sales with an average price of $2.12 million. The 39 condo sales aggregated to $138.4 million in deals and averaged $3.549 million, or $1,912 per square foot.. A total of 49 co-op sales aggregated to 49 million in deals.
Once again, 220 Central Park South was at the top of the sales charts with a high-floor home that sold for $63,151,000. The Real Deal notes that the unit went into contract in early 2019, and that there are only 30 units in the building that have yet to be sold.
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From September 7-13, 10 luxury contracts were signed at $4 million and above for a total asking price volume of $60,385,000. Olshan's market report observes that this is the lowest number of contracts signed in a post-Labor Day weekend since 2013, when 10 contracts were also signed.
The report also notes that this was the ninth time in 2020 that not a single co-op contract was signed at $4 million and above. However, the week's top contracts were dominated by condominiums in typically co-op-rich bastions of New York City. Chief among them was a duplex condo at 27 East 79th Street asking $12.495 million. Developer's and buyer's broker Pamela Johananoff of Corcoran described the transaction as emblematic of the new age of real estate - the international couple never set foot in the apartment, but signed the contract after three FaceTime showings.
The second-highest contract also took place in a new Upper East Side condominium - #14A at the nearly-completed Beckford Tower, a three-bedroom unit asking $6.65 million. These local buyers saw the apartment for themselves three times before New York went on lockdown, and one more time last week.
The report also notes that this was the ninth time in 2020 that not a single co-op contract was signed at $4 million and above. However, the week's top contracts were dominated by condominiums in typically co-op-rich bastions of New York City. Chief among them was a duplex condo at 27 East 79th Street asking $12.495 million. Developer's and buyer's broker Pamela Johananoff of Corcoran described the transaction as emblematic of the new age of real estate - the international couple never set foot in the apartment, but signed the contract after three FaceTime showings.
The second-highest contract also took place in a new Upper East Side condominium - #14A at the nearly-completed Beckford Tower, a three-bedroom unit asking $6.65 million. These local buyers saw the apartment for themselves three times before New York went on lockdown, and one more time last week.
Top Sales
1. 220 Central Park South, #72
$63,151,000 ($10,637 / ft2)
Midtown West | Condo | 4 beds, 5 baths | 5,935 ft2
1 listing for $33 million
$63,151,000 ($10,637 / ft2)
Midtown West | Condo | 4 beds, 5 baths | 5,935 ft2
1 listing for $33 million
2. 53W53, 53 West 53rd Street, #33A
$8,230,000 ($3,071 / ft2)
Midtown West | Condo | 3 beds, 4 baths | 3,139 ft2
24 listings from $3.47 million
$8,230,000 ($3,071 / ft2)
Midtown West | Condo | 3 beds, 4 baths | 3,139 ft2
24 listings from $3.47 million
From the listing:
With interior design by New York-based architect, designer and artist Thierry Despont, Residence 33A is a 3,139-square-foot north- and east-facing three-bedroom featuring high ceilings, gracious proportions, and the rich attention to detail of a bespoke privately commissioned home. Interior features include 4" wide plank solid American oak floors, fully customized kitchens and baths, and elegantly crafted furniture-grade 9' tall walnut doors with custom designed bronze hardware inspired by the tower's distinctive silhouette.
With interior design by New York-based architect, designer and artist Thierry Despont, Residence 33A is a 3,139-square-foot north- and east-facing three-bedroom featuring high ceilings, gracious proportions, and the rich attention to detail of a bespoke privately commissioned home. Interior features include 4" wide plank solid American oak floors, fully customized kitchens and baths, and elegantly crafted furniture-grade 9' tall walnut doors with custom designed bronze hardware inspired by the tower's distinctive silhouette.
3. One Waterline Square, 10 Riverside Boulevard, #29B
$6,663,899 ($2,830 / ft2)
Riverside Drive / West End Avenue | Condo | 3 beds, 4 baths | 2,344 ft2
6 listings from $3.725 million
$6,663,899 ($2,830 / ft2)
Riverside Drive / West End Avenue | Condo | 3 beds, 4 baths | 2,344 ft2
6 listings from $3.725 million
4. The Astor, 235 West 75th Street, #805
$6,095,946 ($2,543 / ft2)
Upper West Side | Condo | 4 beds, 4 baths | 2,397 ft2
9 listings from $1.75 million
$6,095,946 ($2,543 / ft2)
Upper West Side | Condo | 4 beds, 4 baths | 2,397 ft2
9 listings from $1.75 million
5. One57, 157 West 57th Street, #56B
$6,000,000 ($2,987 / ft2)
Midtown West | Condo | 2 beds, 2.5 baths | 2,009 ft2
21 listings from $3.6 million
$6,000,000 ($2,987 / ft2)
Midtown West | Condo | 2 beds, 2.5 baths | 2,009 ft2
21 listings from $3.6 million
From the listing:
The highest-floor two-bedroom in the building, apartment 56B features incredible living space spanning approximately 2,009 square feet with views from the 56th floor across the south of Manhattan and the Hudson River complete with handpicked finishes establish this luxurious apartment as a true diamond in the sky. Upon entering the foyer you are immediately greeted by a grand salon, 12' ceilings, and marvelous sweeping views of the NYC skyline. One57 places the resident one thousand feet above Midtown Manhattan. Designed by Pritzker Prize-winning architect Christian de Portzamparc and complimented by designer Thomas Juul-Hansen for the interior, One57 is a remarkable building both inside and out. Featuring a living/dining room, The open handcrafted smallbone kitchen with top of the line Miele appliances, Sub-Zero wine cooler, and Dornbacht fittings and fixtures, create an idyllic scene for entertaining that includes a breath taking back drop of the city skyline. Other sophistications include spa-like baths finished with marble, onyx and glass, custom vanities, oversized doors, plus a state of the art climate control system.
The highest-floor two-bedroom in the building, apartment 56B features incredible living space spanning approximately 2,009 square feet with views from the 56th floor across the south of Manhattan and the Hudson River complete with handpicked finishes establish this luxurious apartment as a true diamond in the sky. Upon entering the foyer you are immediately greeted by a grand salon, 12' ceilings, and marvelous sweeping views of the NYC skyline. One57 places the resident one thousand feet above Midtown Manhattan. Designed by Pritzker Prize-winning architect Christian de Portzamparc and complimented by designer Thomas Juul-Hansen for the interior, One57 is a remarkable building both inside and out. Featuring a living/dining room, The open handcrafted smallbone kitchen with top of the line Miele appliances, Sub-Zero wine cooler, and Dornbacht fittings and fixtures, create an idyllic scene for entertaining that includes a breath taking back drop of the city skyline. Other sophistications include spa-like baths finished with marble, onyx and glass, custom vanities, oversized doors, plus a state of the art climate control system.
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Top Contracts
Carnegie Hill | Condo | 5 beds, 5.5 baths | 3,006 ft2
From the listing:
Meticulously appointed by Parisian design firm Cabinet Alberto Pinto, Duplex Residence 9 at 27 East 79th Street offers 5 bedrooms, 5.5 baths, and open southern views over the landmarked mansions of the historic Cook Block and partial view of Central Park. Direct elevator entry into each residence ensures utmost privacy and convenience. Custom baseboard mouldings, ceiling cornices, and white oak parquet de Versailles flooring are used throughout the residence's luxe interior. Baths and the powder room feature a blend of Estremoz, Calacatta Vagli, and Emperador Fonce marble slab and tiling, with polished nickel Kallista Vir Stil fixtures, custom cabinetry and vanities outfitted with parchment and lacquer or Movingui wood. The European kitchen boasts custom-cerused brushed oak cabinetry designed by Pinto, French ranges by La Cornue, Cremo Delicato marble countertops and backsplashes, and appliances by Miele and Sub Zero.
Meticulously appointed by Parisian design firm Cabinet Alberto Pinto, Duplex Residence 9 at 27 East 79th Street offers 5 bedrooms, 5.5 baths, and open southern views over the landmarked mansions of the historic Cook Block and partial view of Central Park. Direct elevator entry into each residence ensures utmost privacy and convenience. Custom baseboard mouldings, ceiling cornices, and white oak parquet de Versailles flooring are used throughout the residence's luxe interior. Baths and the powder room feature a blend of Estremoz, Calacatta Vagli, and Emperador Fonce marble slab and tiling, with polished nickel Kallista Vir Stil fixtures, custom cabinetry and vanities outfitted with parchment and lacquer or Movingui wood. The European kitchen boasts custom-cerused brushed oak cabinetry designed by Pinto, French ranges by La Cornue, Cremo Delicato marble countertops and backsplashes, and appliances by Miele and Sub Zero.
1 Available Listing for $12.75M
Yorkville | Condo | 3 beds, 3.5 baths | 2,615 ft2
From the listing:
A gracious entry foyer featuring striking herringbone flooring with an adjoining gallery ushers you past a finely detailed powder room, walk-in-closet, and side-by-side washer and dryer. Pre-war sensibility and a contemporary aesthetic greets you in the form of a separate custom-designed Christopher Peacock windowed eat-in kitchen with a stunning Statuary marble countertop and backsplash. The elegantly-appointed kitchen features sophisticated all-purpose appliances including a Sub-Zero refrigerator, freezer, wine refrigerator; Wolf six-burner gas range with a fully vented hood, built-in wall oven, microwave oven; and Miele dishwashers. A Franke sink is equipped with Dornbracht polished chrome fittings and an Insinkerator garbage disposal.
A gracious entry foyer featuring striking herringbone flooring with an adjoining gallery ushers you past a finely detailed powder room, walk-in-closet, and side-by-side washer and dryer. Pre-war sensibility and a contemporary aesthetic greets you in the form of a separate custom-designed Christopher Peacock windowed eat-in kitchen with a stunning Statuary marble countertop and backsplash. The elegantly-appointed kitchen features sophisticated all-purpose appliances including a Sub-Zero refrigerator, freezer, wine refrigerator; Wolf six-burner gas range with a fully vented hood, built-in wall oven, microwave oven; and Miele dishwashers. A Franke sink is equipped with Dornbracht polished chrome fittings and an Insinkerator garbage disposal.
12 Available Listings from $2.35M
Central Park West | Condo | 2 beds, 2 baths
From the listing:
Floating high above Central Park at the Century prewar condominium, this delightful two bedroom and two bath home is punctuated by one of the most enviable terraces overlooking Central Park in all of New York City. At almost 800 square feet, this impressive and beautifully landscaped terrace with outdoor shower offers an incomparable sweep of views across the park to the east and directly up the park to the north. Every room opens onto the terrace through new double doors providing a superb centerpiece for gardening and entertaining on a generous scale. Wrapping two corners, the apartment is flooded with marvelous light and views of trees from every room. An undoubtedly rare offering of a very comfortable and exceptional apartment. There are two separate windowed staff rooms being offered for purchase on the ground level (floorplans attached).
Floating high above Central Park at the Century prewar condominium, this delightful two bedroom and two bath home is punctuated by one of the most enviable terraces overlooking Central Park in all of New York City. At almost 800 square feet, this impressive and beautifully landscaped terrace with outdoor shower offers an incomparable sweep of views across the park to the east and directly up the park to the north. Every room opens onto the terrace through new double doors providing a superb centerpiece for gardening and entertaining on a generous scale. Wrapping two corners, the apartment is flooded with marvelous light and views of trees from every room. An undoubtedly rare offering of a very comfortable and exceptional apartment. There are two separate windowed staff rooms being offered for purchase on the ground level (floorplans attached).
12 Available Listings from $1.35M
Chelsea | Condo | 4 beds, 4 baths | 2,551 ft2
From the listing:
Spanning 2,551 square feet of interior space and 129 square feet of outdoor space, residence 5W is a 4 bedroom, 3.5 bathroom loft-like home, offering timeless sophistication and modern luxury. This exceptional residence is centered around a voluminous, sun-filled, great room with southern and western exposures. Layouts with open living/ dining and kitchen concepts provide a seamless flow for entertaining. Graced by 9'6" ceilings, an Ortal gas fireplace, 7" American white oak floors, recessed lighting and in-ceiling speakers for sound, your upgrades are already in place. The oversized south-facing balcony comes equipped with water, electric, and lighting, and is accessed through sliding doors, highlighting indoor/outdoor living. Sleek custom kitchen is adorned with grey oak cabinetry and an enormous island with a 5' Danube slab countertop and Quartzmaster counters and backsplashes.
Spanning 2,551 square feet of interior space and 129 square feet of outdoor space, residence 5W is a 4 bedroom, 3.5 bathroom loft-like home, offering timeless sophistication and modern luxury. This exceptional residence is centered around a voluminous, sun-filled, great room with southern and western exposures. Layouts with open living/ dining and kitchen concepts provide a seamless flow for entertaining. Graced by 9'6" ceilings, an Ortal gas fireplace, 7" American white oak floors, recessed lighting and in-ceiling speakers for sound, your upgrades are already in place. The oversized south-facing balcony comes equipped with water, electric, and lighting, and is accessed through sliding doors, highlighting indoor/outdoor living. Sleek custom kitchen is adorned with grey oak cabinetry and an enormous island with a 5' Danube slab countertop and Quartzmaster counters and backsplashes.
1 Available Listing for $5.15M
Tribeca | Condo | 3 beds, 4 baths | 2,368 ft2
From the listing:
Residence 11B is a 3 bedroom/3.5 bath, loft spanning 2,368 square feet and 696-square-foot private terrace. Beautiful 7' casement windows, 10' ceilings, and 4" white oak floors create ample proportions with generous light and air. The entry foyer opens to an expansive great room with northern and western exposures, and views of the Hudson River and city skyline to the north, including the empire state building. The adjacent open kitchen features custom cabinetry and hardware with Calacatta Gold marble counter tops and backsplash, an island with seating for five, and is fully equipped with state-of-the-art appliances by Sub-Zero, Wolf and Miele, as well as a garbage disposal and vented rang hood. Beyond the eat-in kitchen is a versatile windowed den that could be used as a home office or media area. The master suite features two large walk-in closets and a luxuriously finished master bath with radiant floor heating, polished Calacatta Gold marble floor and wall tiles, custom vanity, fixtures and deck-mounted tub by Waterworks, and steam shower. The secondary bedrooms offer generous closet space and sophisticated en-suite baths, combining high-honed Vanilla Cream marble vanity top and herringbone floor tile with crackle-glazed white ceramic wall tile.
Residence 11B is a 3 bedroom/3.5 bath, loft spanning 2,368 square feet and 696-square-foot private terrace. Beautiful 7' casement windows, 10' ceilings, and 4" white oak floors create ample proportions with generous light and air. The entry foyer opens to an expansive great room with northern and western exposures, and views of the Hudson River and city skyline to the north, including the empire state building. The adjacent open kitchen features custom cabinetry and hardware with Calacatta Gold marble counter tops and backsplash, an island with seating for five, and is fully equipped with state-of-the-art appliances by Sub-Zero, Wolf and Miele, as well as a garbage disposal and vented rang hood. Beyond the eat-in kitchen is a versatile windowed den that could be used as a home office or media area. The master suite features two large walk-in closets and a luxuriously finished master bath with radiant floor heating, polished Calacatta Gold marble floor and wall tiles, custom vanity, fixtures and deck-mounted tub by Waterworks, and steam shower. The secondary bedrooms offer generous closet space and sophisticated en-suite baths, combining high-honed Vanilla Cream marble vanity top and herringbone floor tile with crackle-glazed white ceramic wall tile.
12 Available Listings from $2.95M
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