Price Cuts: "Sopranos" star's former Village building cut by $2 million; Reductions at 77 Greenwich

By CityRealty Staff | From Future New York Wednesday, September 25, 2024

179 Sullivan Street, #TH (Brown Harris Stevens)

September 2023 was one of New York’s rainiest on record; and yet, last weekend saw warnings of “sunny day flooding” due to a combination of strong offshore winds and a full moon during high tide cycles. The city expects that climate change could lead to daily tidal flooding by 2050, but is well prepared for that between new building codes for waterfront buildings and investments in coastal protections.

A prominent example of the latter is the Lower Manhattan Coastal Resiliency Project, which spans the Financial District and Battery Park City coasts to protect these waterfront neighborhoods. The first phase of construction of the Battery Coastal Resilience Project is now underway with full completion anticipated for 2026. This construction could be impacting local property values; CityRealty data shows that condo prices in the Financial District are down 14% year-over-year.

However, it is important to remember that the construction is only temporary and will ultimately be to the benefit of both local residents and New York as a whole. The Battery Coastal Resilience Project will protect the area from rising sea levels and make for a more welcoming experience at The Battery.

Moreover, now could be a good time to get in on bargains: Several Financial District apartments were among approximately 300 sales listings that experienced price reductions from September 17-23, 2024. These included four units at 77 Greenwich Street, a new development condominium near The Battery.

Last week's price reductions also included a Greek Revival townhouse at 179 Sullivan Street. The house dates back to 1835 and has served as The Helen Gould Neighborhood House and headquarters for Washington Square War Veterans. Most recently, it has been configured as five floor-through residential units that have counted filmmaker Steven Conrad, The Sopranos star James Gandolfini, and The OC star Mischa Barton among the residents.

In May 2024, 179 Sullivan Street was listed for $15,775,000 with the options to keep it with all five units or to convert it to a single-family mansion like many of its neighbors. But last week, the price was reduced to $13,750,000.

These homes and a selection of other notable listings, along with a full chart and map of last week's price reductions, may be found below. Please be advised that all quoted figures reflect cumulative price cuts as opposed to the most recent reductions.

-11.1% | -$50,000

330 East 80th Street, #2F
$399,000

Yorkville | Cooperative | Studio, 1 Bath | 550 ft²

330 East 80th Street, #2F (Brown Harris Stevens Residential Sales LLC)

From the Listing: Offered for the first time in years, this spacious studio features abundant storage, including three custom-built closets by California Closets and a luxurious built-in, a rare find in a studio apartment. The home boasts an oversized living room with a street and tree view, complemented by a custom queen Murphy bed to maximize your home and work space. The windowed bathroom is renovated, and hardwood floors extend throughout the unit. See floor plan and full details here.

-6.5% | -$45,000

The Lumin, #1A
$650,000

Greenpoint | Condominium | Studio, 1 Bath | 500 ft²

The Lumin, #1A (Brown Harris Stevens Brooklyn LLC)

From the Listing: Welcome to The Lumin, a newly constructed boutique-scale condominium featuring a traditional red brick facade with oversized warehouse style windows. Designed to maximize natural light and optimize use of space, this studio features oversized double-glazed casement windows, 7-foot-tall solid wood interior doors, and European oak flooring with 7.5" planks in a seashell finish. The warm and inviting kitchen features custom cabinetry, premium Fisher & Paykel appliances, and sleek Carrara quartz countertops. See floor plan and full details here.

-16.3% | -$155,000

702 Hancock Street, #2A
$795,000

Bedford-Stuyvesant | Condominium | 2 Bedrooms, 1 Bath | 771 ft²

702 Hancock Street, #2A (Compass)

From the Listing: As Bed-Stuy's only Passive House condo project, this dynamic building is always working in the background to deliver exceptional energy efficiency, superior indoor air quality, enhanced thermal comfort, durability and minimal maintenance. Residence #2A has a private balcony overlooking brownstone backyards, high ceilings, and wide plank white oak hardwood floors throughout. The kitchen is equipped with stainless steel Blomberg appliances and Italian recycled oak cabinets. Deeded storage unit included. See floor plan and full details here.

-9.2% | -$91,000

40 Broad Street Condominium, #14B
$899,000

Financial District | Condominium | 1 Bedroom, 1.5 Baths | 859 ft²

40 Broad Street Condominium, #14B (The Agency Brokerage)

From the Listing: Welcome to your dream home in downtown NYC! The beautiful open kitchen with granite countertops and custom cabinetry features modern and premium appliances. The large living area has 11-foot ceilings and oversized windows providing great natural light. There are beautiful xyz floors throughout with Balterio black granite borders. The bedroom has a walk-in closet and en suite bath with double vanity sinks, tub and separate stall shower. See floor plan and full details here.

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-16.4% | -$195,500

Blue, #2B
$999,500

Lower East Side | Condominium | 2 Bedrooms, 1 Bath

Blue, #2B (Sothebys International Realty)

From the Listing: Bask in the radiant glow of floor-to-ceiling, privacy-tinted windows that set the stage in this loft-inspired 2-bedroom apartment, located in the iconic Blue condominium. This home is outfitted with sleek amenities, including an in-unit Bosch washer/dryer, soaring 10-foot ceilings, automated shades, custom lighting, and an elite Bang & Olufsen sound system. Storage is abundant with a walk-in closet. The kitchen boasts a chic breakfast bar, top-tier stainless steel Viking appliances, quartz countertops, a wine fridge, and a garbage disposal. See floor plan and full details here.

-7.2% | -$100,000

The Carlton Park, #17B
$1,295,000

Carnegie Hill | Cooperative | 2 Bedrooms, 1.5 Baths

The Carlton Park, #17B (Compass)

From the Listing: In this Park Avenue apartment, a large south-facing wall of windows flank both the living and bedroom spaces, flooding the apartment with sunlight and stunning south facing city views over downtown Manhattan and the Empire State Building. Newly renovated and refreshed, with all new appliances in the kitchen, new hardware throughout the apartment and custom-built bookcases in the living room and bedroom provide a stylish accent to the entire apartment. See floor plan and full details here.

-7.5% | $130,000

Reade Chambers, #2A
$1,595,000

Tribeca | Condominium | 1 Bedroom, 1.5 Baths | 991 ft²

Reade Chambers, #2A (Douglas Elliman Real Estate)

From the Listing: Welcome to Residence #2A at 71 Reade, a generous and luxurious one-bedroom home, designed by renowned Selldorf Architects. This beautiful and spacious home is in excellent condition and features four oversized north-facing windows looking over Reade Street. The layout is extremely functional and features high-end finishes and appliances throughout including an Eggersmann kitchen featuring Sub-Zero and Miele appliances. The sellers own a parking space in the building's private garage for an additional $290,000. See floor plan and full details here.

-28% | -$700,000

Beekman Terrace, #3A
$1,800,000

Beekman/Sutton Place | Cooperative | 2 Bedrooms, 2 Baths | 2,025 ft²

Beekman Terrace, #3A (Sothebys International Realty)

From the Listing: This wonderful seven-into-five room apartment in a tranquil enclave is defined by sweeping views of the sparkling East River, glorious sunlight, a gracious and flexible floor plan, and pretty outlooks throughout. These attributes are complemented by beautiful hardwood herringbone floors, high ceilings, and newly-updated central air conditioning. Each room in the tranquil private quarters has splendid eastern outlooks across the river. See floor plan and full details here.

-6.1% | -$145,000

Steiner East Village, #2S
$2,250,000

East Village | Condominium | 2 Bedrooms, 2 Baths | 1,164 ft²

Steiner East Village, #2S (Corcoran Group)

From the Listing: With curated interiors by noted designer Paris Forino, this spacious home boasts 10-feet high ceilings, oversized casement windows, wide-plank European oak flooring and high-end finishes throughout. A welcoming foyer leads you to the open kitchen, and living and dining room overlooking the landscaped courtyard garden. This loft-like layout is ideal whether for casual day-to-day living or at-home entertaining. See floor plan and full details here.

-10% | -$300,000

Imperial House, #12CD
$2,695,000

Lenox Hill | Cooperative | 3 Bedrooms, 2.5 Baths | 3,000 ft²

Imperial House, #12CD (Douglas Elliman Real Estate)

From the Listing: This expansive residence at the prestigious Imperial House boasts an impressive amount of living space, designed for both comfort and sophistication. Upon entering, you'll be greeted by a grand foyer that leads to a massive eat-in kitchen, complete with separate laundry room, perfect for culinary enthusiasts and casual dining alike. Each room is thoughtfully designed to maximize space and natural light, creating a serene and inviting atmosphere. See floor plan and full details here.

-18.6% | -$650,000

160 Avenue of the Americas, #5thFloor
$2,850,000

SoHo | Cooperative | 2 Bedrooms, 2 Baths | 2,400 ft²

160 Avenue of the Americas, #5thFloor (Sothebys International Realty)

From the Listing: Take the oversized key-locked elevator up to your amazing authentic Soho loft with timber frame columns and wood hewn beams, high ceilings, exposed brick, huge windows and great light. Enter into a broad living room and take in the history that is in this space. Whether you're an artist that is looking for a distinct living area an artist's atelier or a family that wants living quarters separate from a grand entertaining space, this is the perfect loft for someone who wants to create a masterpiece, this is truly a once-in-a-lifetime opportunity. See floor plan and full details here.

-7.9% | -$255,000

142Flatiron, #TH
$2,995,000

Chelsea | Condominium | 2 Bedrooms, 2.5 Baths | 2,188 ft²

142Flatiron, #TH (Compass)

From the Listing: This refined and spacious Townhouse features two large living areas, two bedrooms and two and a half bathrooms along with an incredible private terrace. Thoughtfully designed with form and function in mind, you're greeted by 7-inch-wide plank oak flooring and an open chef’s kitchen featuring top-of-the-line appliances from Miele. The upstairs Great Room provides ample room for relaxation and entertainment. The landscaped terrace allows you to unwind, bask in the serenity of nature, and soak up the sun in complete privacy. See floor plan and full details here.

-7% | -$246,000

77 Greenwich Street, #28C
$3,249,000

Financial District | Condominium | 3 Bedrooms, 3.5 Baths | 1,905 ft²

77 Greenwich Street, #28C (Reuveni LLC)

From the Listing: This brand-new three-bedroom home includes floor-to-ceiling crystalline glass windows allowing for an abundance of natural light, stunning water views and soaring ceilings of close to 11 feet. The gracious entryway features custom millwork and stone flooring. The Deborah Berke-custom designed European Poliform kitchen is equipped with an elegant, honed Blue de Savoie marble countertop and backsplash, Grohe faucets, and fully-integrated top-of-the-line appliances. The primary bedroom has a spacious walk-in closet and en-suite bathroom with radiant heated honed white striated marble floors. See floor plan and full details here.

-15.9% | -$700,000

One Hundred Barclay Tribeca, #13K
$3,700,000

Tribeca | Condominium | 3 Bedrooms, 3.5 Baths | 2,248 ft²

One Hundred Barclay Tribeca, #13K (Compass)

From the Listing: Beautiful 7 foot casement windows, 10 foot high ceilings, and 4 inch white oak floors create ample proportions with generous light and air in this Downtown loft. The entry foyer opens to an expansive great room with northern and eastern exposures. The adjacent open kitchen features custom cabinetry and hardware with Calacatta Gold marble countertops and backsplash, including an island with seating for four, and is fully equipped with state-of-the-art appliances. Beyond the eat-in kitchen is a versatile windowed den that could be used as a home office or media area. See floor plan and full details here.

-15.9% | -$755,000

45 Crosby Street, #6N
$3,995,000

SoHo | Cooperative | 2 Bedrooms, 2 Baths

45 Crosby Street, #6N (Compass)

From the Listing: After a significant renovation completed in 2018 and a feature in Interiors: Europe and the Americas II, Residence #6N is now ready for its next owner. Defining features of this turnkey loft include a 40’ x 23’ great room clad in fluted plaster along the perimeter, beautiful millwork throughout and design aesthetic rarely seen in a downtown loft. Enter off a key locked elevator into the massive great room with large western windows overlooking Crosby Street. Large dedicated storage room in the building’s basement included. See floor plan and full details here.

-14.6% | -$845,000

Fifteen, #17
$4,950,000

Central Park West | Condominium | 3 Bedrooms, 3 Baths | 2,662 ft²

Fifteen, #17 (Serhant LLC)

From the Listing: Welcome to this lavish full-floor condo with private outdoor space, a sun-drenched 3-bedroom, 3-bathroom home where residents enjoy the elegance of the Upper West Side on the doorstep of Central Park. From a private elevator landing, residents enter a welcoming foyer that leads into an open-plan living room, dining room, and kitchen saturated with southern and eastern light. The living and dining areas flow out to a south-facing balcony with direct park views, while the Bilotta kitchen boasts an eat-in peninsula. See floor plan and full details here.

-12.5% | -$855,000

212 West 72nd Street, #16B
$5,995,000

Broadway Corridor | Condominium | 4 Bedrooms, 3.5 Baths | 2,536 ft²

212 West 72nd Street, #16B (Douglas Elliman Real Estate)

From the Listing: The gracious 2,536 square-foot home includes 4-bedrooms, 3-and-a-half-bathrooms, and a private terrace with open views of the Upper West Side and Central Park. Natural light bathes the entire residences from expansive windows facing south, north, and east. The living room provides ample space for entertainment, and there is a separate formal dining area conveniently adjacent to the custom CetraRuddy-designed eat-in kitchen. See floor plan and full details here.

-12.8% | -$2,025,000

179 Sullivan Street, #TH
$13,750,000

Greenwich Village | Townhouse | 6+ Bedrooms, 6+ Baths | 8,049 ft²

179 Sullivan Street, #TH (Brown Harris Stevens Residential Sales LLC)

From the Listing: Whether maintained as an income-generating investment or returned to its mansion-origins as a massive single-family home, 179 Sullivan Street makes its stately presence felt with both historical charm and contemporary design, an unparalleled opportunity for you to craft your bespoke townhome! Ascending the grand steps and passing through an entry alcove, one is welcomed by an awe-inspiring foyer with original architectural features particular to the parlor floor. Lofty ceilings reach 13 feet high, and a graceful, curved staircase greets you with an air of elegance and grandeur. See floor plan and full details here.

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In this article:

-11.1% | -$50,000

330 East 80th Street, #2F
$399,000

-6.5% | -$45,000

The Lumin, #1A
$650,000

-16.3% | -$155,000

702 Hancock Street, #2A
$795,000

-9.2% | -$91,000

40 Broad Street Condominium, #14B
$899,000

Select which properties are of interest to you:

-16.4% | -$195,500

Blue, #2B
$999,500

-7.2% | -$100,000

The Carlton Park, #17B
$1,295,000

-7.5% | $130,000

Reade Chambers, #2A
$1,595,000

-28% | -$700,000

Beekman Terrace, #3A
$1,800,000

-6.1% | -$145,000

Steiner East Village, #2S
$2,250,000

-10% | -$300,000

Imperial House, #12CD
$2,695,000

-18.6% | -$650,000

160 Avenue of the Americas, #5thFloor
$2,850,000

-7.9% | -$255,000

142Flatiron, #TH
$2,995,000

-7% | -$246,000

77 Greenwich Street, #28C
$3,249,000

-15.9% | -$700,000

One Hundred Barclay Tribeca, #13K
$3,700,000

-15.9% | -$755,000

45 Crosby Street, #6N
$3,995,000

-14.6% | -$845,000

Fifteen, #17
$4,950,000

-12.5% | -$855,000

212 West 72nd Street, #16B
$5,995,000

-12.8% | -$2,025,000

179 Sullivan Street, #TH
$13,750,000

This is your member's center

In this article:

-11.1% | -$50,000 330 East 80th Street, #2F$399,000

-6.5% | -$45,000 The Lumin, #1A$650,000

-16.3% | -$155,000 702 Hancock Street, #2A$795,000

-9.2% | -$91,000 40 Broad Street Condominium, #14B$899,000

Select which properties are of interest to you:

-16.4% | -$195,500 Blue, #2B$999,500

-7.2% | -$100,000 The Carlton Park, #17B$1,295,000

-7.5% | $130,000 Reade Chambers, #2A$1,595,000

-28% | -$700,000 Beekman Terrace, #3A$1,800,000

-6.1% | -$145,000 Steiner East Village, #2S$2,250,000

-10% | -$300,000 Imperial House, #12CD$2,695,000

-18.6% | -$650,000 160 Avenue of the Americas, #5thFloor$2,850,000

-7.9% | -$255,000 142Flatiron, #TH$2,995,000

-7% | -$246,000 77 Greenwich Street, #28C$3,249,000

-15.9% | -$700,000 One Hundred Barclay Tribeca, #13K$3,700,000

-15.9% | -$755,000 45 Crosby Street, #6N$3,995,000

-14.6% | -$845,000 Fifteen, #17$4,950,000

-12.5% | -$855,000 212 West 72nd Street, #16B$5,995,000

-12.8% | -$2,025,000 179 Sullivan Street, #TH$13,750,000

Select which properties are of interest to you:

Listings in this article

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-11.1% | -$50,000

330 East 80th Street, #2F
$399,000

-6.5% | -$45,000

The Lumin, #1A
$650,000

-16.3% | -$155,000

702 Hancock Street, #2A
$795,000

-9.2% | -$91,000

40 Broad Street Condominium, #14B
$899,000

-16.4% | -$195,500

Blue, #2B
$999,500

-7.2% | -$100,000

The Carlton Park, #17B
$1,295,000

-7.5% | $130,000

Reade Chambers, #2A
$1,595,000

-28% | -$700,000

Beekman Terrace, #3A
$1,800,000

-6.1% | -$145,000

Steiner East Village, #2S
$2,250,000

-10% | -$300,000

Imperial House, #12CD
$2,695,000

-18.6% | -$650,000

160 Avenue of the Americas, #5thFloor
$2,850,000

-7.9% | -$255,000

142Flatiron, #TH
$2,995,000

-7% | -$246,000

77 Greenwich Street, #28C
$3,249,000

-15.9% | -$700,000

One Hundred Barclay Tribeca, #13K
$3,700,000

-15.9% | -$755,000

45 Crosby Street, #6N
$3,995,000

-14.6% | -$845,000

Fifteen, #17
$4,950,000

-12.5% | -$855,000

212 West 72nd Street, #16B
$5,995,000

-12.8% | -$2,025,000

179 Sullivan Street, #TH
$13,750,000