Over $300M in Manhattan contracts led by massive 5,000 SF home at The Surrey Residences

By CityRealty Staff | From Future New York Tuesday, October 22, 2024

The Surrey Residences, home of New York's top contract (Credit: Noë & Associates with V1 via Douglas Elliman)

The week of October 14-20, 2024 was interrupted by the federal holiday on October 14, when government agencies and some banks were closed for the day. As a result, the number of Manhattan contracts signed during this time dipped week-over-week by default. However, it was still a busy time for luxury contracts, with Upper East Side homes accounting for five of New York's top ten most expensive contracts.

The Surrey Residences have frequently ranked among Manhattan's top contracts since sales launched in September 2024, and the condo component of the luxury hotel was home to Manhattan's highest-priced contract for the first time last week: Residence #14A, a three-bedroom unit measuring nearly 5,000 square feet, entered contract with an asking price of $24,250,000. The floor plan depicts a split bedroom layout, a grand gallery connecting the rooms, a kitchen with pocket doors, pantry, and wine fridge, a library with home office off the living room, and a private terrace.

Residence #14A is one of only two units on its floor, and its position on one of the building's uppermost stories allows for impressive Upper East Side views. The buyer, identified only as a local, will enjoy access to the amenities and services of The Surrey, a Corinthia Hotel. These include Casa Tua's first-floor restaurant and second-floor members club, a gym with terrace access, and a spa with sauna, steam room, and two treatment rooms.

255 East 77th Street (Naftali Group | Robert A.M. Stern Architects)

Up the street from The Surrey Residences, a total of $11,445,000 was signed across two deals at 255 East 77th Street, a new development condominium on the rise and off to a robust start. These included Residence #23B, a three-bedroom home asking $6,495,000 in the week's ninth-highest contract. Features include open views to the north, east, and west, a grand entrance gallery, a spacious corner living room, a slightly tucked-away chef's kitchen, and a winged bedroom layout that allows for an ultra-private primary suite on the northeast corner.

But for all the rapid sales velocity new development on the Upper East Side, the prewar elegance that brought the neighborhood to prominence has not been forgotten: Penthouse E at 1088 Park Avenue had the week's top co-op contract and sixth-highest overall with an asking price of $7,495,000. Located in a prominent Park Avenue building, the duplex penthouse's main floor is home to the entertaining rooms, which include a grand living room with a wood-burning fireplace. The upper level is home to three of the four bedrooms, including a primary suite with two private terraces.

Park Avenue with Billionaires' Row behind

Further down Park Avenue, Residence #2 at The Palacio was not far behind with an asking price of $6,499,000 -- while this price represents a small reduction from the original listing price of $6.85 million, it was still good enough for the week's second-highest co-op contract and eighth-highest overall. One of only 14 units in its J.E.R. Carpenter-designed building, it features a private elevator landing, a massive Great Room, a formal dining room, a windowed chef's kitchen, a separate bedroom wing, and original moldings throughout.

The Upper East Side was also home to the week's top townhouse contract: 138 East 71st Street was asking $8,100,000 in the fifth-highest overall price. The house offers the expansive proportions, high ceilings, and rich architectural details of yesteryear. However, it has been modernized with such perks as custom closets in the foyer, premium kitchen appliances including a built-in espresso machine, and a super-luxe primary suite with a steam shower and separate soaking tub in the en suite bath.

On the opposite side of Central Park, Residence #4 at Passive House boutique condominium Charlotte of the Upper West Side entered contract with a $10,225,000 asking price, the third-highest asking price of the week. The full-floor four-bedroom unit is underpinned by state-of-the-art UV and ERV ventilation systems, an airtight building envelope, and quadruple-layered windows. It also offers such luxuries as a massive Great Room, a chef's kitchen with center island, and an ultra-private primary suite with private balcony.

Further downtown, The Cortland logged a total of $17,200,000 across two signed contracts. These included Residence #15AW, which was asking $11,250,000 in the week's top Downtown contract and second-highest overall. The four-bedroom home measures over 3,000 square feet and boasts a massive Great Room with Juliet balcony, a windowed eat-in kitchen with custom-designed Olson Kundig Jackbox, a luxe primary suite with walk-in closet, and unobstructed Hudson River views throughout.

35 Hudson Yards

Additionally, luxury buyers remain dazzled by the new skyscrapers that had transformed the iconic Manhattan skyline. Residence #7603 at 35 Hudson Yards entered contract with an asking price of $8,975,000, the week's fourth-highest. Located on the upper levels of 35 Hudson Yards, the four-bedroom home boasts a massive corner Great Room, a windowed kitchen, a split bedroom layout, and beautiful views of the Hudson River throughout.

The contract was signed three days before The Vessel in the center of Hudson Yards reopened to the public with new safety precautions in place. The unidentified buyer will also enjoy convenient access to the fine dining and luxury shopping of Hudson Yards, but the conveniences, amenities, and restaurant of the Equinox Hotel are just an elevator ride away.

35 Hudson Yards is the tallest residential building in its development, but Central Park Tower is the tallest residential building in the Western Hemisphere. It was also home to the tenth-highest contract of the week: Residence #35F, which was asking $6,450,000. The corner two-bedroom enjoys incredible light and city views from floor-to-ceiling windows facing south and west. It also boasts high ceilings, a corner Great Room, a kitchen with Smallbone of Devizes cabinetry and Miele appliances, and a split bedroom layout.

144 Vanderbilt Avenue, new Brooklyn condominium

144 Vanderbilt Avenue (Douglas Elliman)

A borough away, shortly after sales launched, the first contract was signed at 144 Vanderbilt Avenue. Residence #7B, a three-bedroom home with triple exposures, was asking $2,700,000. The unidentified buyer will arrive to a separate landing and enjoy a thoughtful layout that includes a large living room with private terrace access, a separate dining area off the designer kitchen, and a peaceful primary bedroom with a private balcony, a large closet, and a luxurious en suite bath with double vanity.

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#10. Central Park Tower, #35F
Last Ask: $6,450,000

Midtown West | Condominium | 2 Bedrooms, 2.5 Baths | 2,114 ft²

Central Park Tower, #35F (Corcoran Group)

From the Listing: Welcome to Apartment 35F, a never-before-lived-in residence located in the brand-new, state-of-the-art Central Park Tower-a prestigious, residence-only condominium on Billionaire's Row. This expansive corner two-bedroom, two-and-a-half-bath apartment spans over 2,100 square feet and offers unparalleled luxury living in the heart of Manhattan. With stunning floor-to-ceiling windows that capture southern and western exposures, the home is bathed in natural light throughout the day, and in the evening, showcases sparkling cityscapes and breathtaking sunset views over the Hudson River. See full details here.

Central Park Tower has 13 public availabilities from $8,500,000.

#9. 255 East 77th Street, #23B
Last Ask: $6,495,000

Lenox Hill | Condominium | 3 Bedrooms, 3.5 Baths | 2,540 ft²

255 East 77th Street, #23B (Compass)

From the Listing: Residence #23B is one of our signature tower homes. With amazing open views on three sides, north, east, and west, this three-bedroom, three-and-a-half-bath residence is perfection. A gallery with great art walls leads to a big corner living room. A large, open kitchen is tucked away to allow for a more formal dinner party but is open to all the light and views of the great room and also has its own big window over the sink. The three bedrooms, each with its own en-suite bath and generous closet space, are winged, allowing for great flexibility. See full details here.

255 East 77th Street has 7 public availabilities from $3,450,000.

#8. The Palacio, #2
Last Ask: $6,499,000 (-5.1%)

Park/Fifth Ave. to 79th St. | Cooperative | 5 Bedrooms, 4 Baths | 4,000 ft²

The Palacio, #2 (Douglas Elliman Real Estate)

From the Listing: This elegant and well-proportioned apartment is the quintessential pre-war Park Avenue home. This residence boasts approximately 4,000 square feet with 11 rooms, 4 bedrooms, and 4 bathrooms, including an oversized living room, library, formal dining room, windowed eat-in kitchen with separate den/breakfast room, laundry room, and staff/office with a full bathroom. Step off the private elevator landing and into the gracious center entrance gallery with a large walk-in closet and bathroom. All of the public entertaining rooms are laid before you. A storage cage transfers with the sale of the apartment. See full details here.

The Palacio has 1 public availability asking $19,750,000.

#7. 355 Henry Street, #TH
Last Ask: $6,500,000

Cobble Hill | Townhouse | 4 Bedrooms, 5.5 Baths | 4,000 ft²

355 Henry Street, #TH (Douglas Elliman Real Estate)

From the Listing: 355 Henry Street is an incredibly rare 22-foot wide Beaux-Arts corner townhouse with three sundrenched exposures! Recently renovated and meticulously crafted, this four-story home is a Cobble Hill dream that features a showstopping kitchen and living area, 4-5 spacious bedrooms, and a spectacular private landscaped roof deck with views of the NYC skyline. Enter through a private gated courtyard. See full details here.

#6. 1088 Park Avenue, #PHE
Last Ask: $7,495,000

Carnegie Hill | Cooperative | 4 Bedrooms, 4 Baths

1088 Park Avenue, #PHE (Sothebys International Realty)

From the Listing: Perfectly situated on the 16th/17th floor of one of the most desirable prewar cooperatives in Carnegie Hill, this 4-bedroom/4-bathroom home offers unparalleled elegance and sophistication. Enter via a semi-private elevator landing into a gracious gallery. The entertaining space is expansive, perfect for both formal gatherings and casual living. The grand Living Room is adorned with beautiful hardwood floors and a wood-burning fireplace and features multiple seating areas. The beautiful grand curved staircase, illuminated by a magnificent skylight, leads to three spacious bedrooms on the upper level. See full details here.

1088 Park Avenue has 1 public availability asking $3,250,000.

#5. 138 East 71st Street, #TH
Last Ask: $8,100,000

Park/Fifth Ave. to 79th St. | Townhouse | 5 Bedrooms, 4 Baths

138 East 71st Street, #TH (Leslie J Garfield & Co Inc)

From the Listing: Located on a beautiful Upper East Side block, this elegant townhouse offers five stories of refined living space. With soaring ceilings, sun-drenched rooms, and beautifully maintained floors, this home is a showcase of timeless sophistication. The expansive layout includes a magnificent entertaining space, a grand primary suite, a library, five fireplaces, and four generously sized bedrooms in addition to the primary. The entry level opens to a spacious foyer with custom-built closets and seating, leading to a bright, eat-in kitchen. See full details here.

#4. 35 Hudson Yards, #7603
Last Ask: $8,975,000

Midtown West | Condominium | 4 Bedrooms, 4.5 Baths | 3,436 ft²

35 Hudson Yards, #7603 (Corcoran Sunshine Marketing Group)

From the Listing: This expertly planned split four bedroom residence boasts 10'10" ceilings, lavish satin finish wide plank French oak floors, and stunning views of the Hudson River. 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 en suite bathroom which is wrapped in stunning iceberg quartzite, complete with stunning double vanity with Kinon panels, and full depth soaking tub. See full details here.

35 Hudson Yards has 9 public availabilities from $5,600,000.

#3. Charlotte of the Upper West Side, #4
Last Ask: $10,225,000

Broadway Corridor | Condominium | 4 Bedrooms, 5 Baths | 3,570 ft²

Charlotte of the Upper West Side, #4 (CORE Group Marketing LLC)

From the Listing: Charlotte of the Upper West Side artfully combines the highest-level craftsmanship and finest materials with innovative wellness features and top-tier systems in every category. Covered by the Wall Street Journal and Architectural Digest for their high-performance and sustainable design, these homes include superior insulation, air-tight construction, quadruple-layered museum-quality windows with acoustical lamination, and an energy recovery ventilation (ERV) system to create a super energy-efficient and nearly silent space with unmatched quality. . See full details here.

Charlotte of the Upper West Side has 3 public availabilities from $8,450,000.

#2. The Cortland, #15AW
Last Ask: $11,250,000

Chelsea | Condominium | 4 Bedrooms, 5 Baths | 3,004 ft²

The Cortland, #15AW (CORE Group Marketing LLC)

From the Listing: Inspired by West Chelsea’s historical architecture and rich heritage, The Cortland, located at 555 West 22nd Street, is striking a new presence on the Hudson waterfront. Residence #15AW is 3,004 square feet with four bedrooms and four-and-a-half bathrooms. The expansive, open-plan living and dining areas feature unobstructed views of the Hudson River, a 29-foot corner great room, a windowed eat-in kitchen with a custom Olson Kundig-designed Jackbox, warm wood flooring, and floor-to-ceiling windows. See full details here.

The Cortland has 12 public availabilities from $3,800,000.

#1. The Surrey Residences, #14A
Last Ask: $24,250,000

Park/Fifth Ave. to 79th St. | Condominium | 3 Bedrooms, 4.5 Baths | 4,997 ft²

The Surrey Residences, #14A (Douglas Elliman Real Estate)

From the Listing: For nearly 100 years, The Surrey has been a discreet and cherished enclave for those who shape culture. With the highly anticipated re-opening of this iconic institution, The Surrey Residences will present an exquisite collection of 14 private homes. See full details here.

The Surrey Residences has 2 public availabilities from $11,000,000.

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#10. Central Park Tower, #35F
Last Ask: $6,450,000

Central Park Tower has 13 public availabilities from $8,500,000.

#9. 255 East 77th Street, #23B
Last Ask: $6,495,000

255 East 77th Street has 7 public availabilities from $3,450,000.

#8. The Palacio, #2
Last Ask: $6,499,000 (-5.1%)

The Palacio has 1 public availability asking $19,750,000.

#7. 355 Henry Street, #TH
Last Ask: $6,500,000

#6. 1088 Park Avenue, #PHE
Last Ask: $7,495,000

1088 Park Avenue has 1 public availability asking $3,250,000.

#5. 138 East 71st Street, #TH
Last Ask: $8,100,000

#4. 35 Hudson Yards, #7603
Last Ask: $8,975,000

35 Hudson Yards has 9 public availabilities from $5,600,000.

#3. Charlotte of the Upper West Side, #4
Last Ask: $10,225,000

Charlotte of the Upper West Side has 3 public availabilities from $8,450,000.

#2. The Cortland, #15AW
Last Ask: $11,250,000

The Cortland has 12 public availabilities from $3,800,000.

#1. The Surrey Residences, #14A
Last Ask: $24,250,000

The Surrey Residences has 2 public availabilities from $11,000,000.

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