Price Cuts: "Star Wars" actor Oscar Isaac trims price of Brooklyn penthouse; Price reductions in Midtown East

By CityRealty Staff | From Future New York Wednesday, October 30, 2024

The Hendrik, #PH1B (Corcoran Group); Oscar Isaac (PhilipRomanoPhoto - Own work, CC BY 4.0, https://commons.wikimedia.org/w/index.php?curid=144596669)

In the wake of a 2017 rezoning, Midtown East has experienced a residential building boom of new development condominiums. These homes are located in excellent proximity to Midtown offices, public transportation, and popular restaurants and retail, but are situated so as to offer some respite from bustling city streets. The buildings themselves offer spacious floor plans, well-thought interiors, and all the amenities and services the modern buyer has come to expect and appreciate.

However, to look at the approximately 250 condos, co-ops, condops, and townhouses in New York that experienced price cuts from October 22-28, 2024, there may be more new development than interested buyers: Several took place at buildings in Midtown East neighborhoods like Turtle Bay, Beekman/Sutton Place, and Murray Hill. These included three listings each in boutique condominium Minuet and riverfront high-rise One United Nations Park.

Minuet

A borough away, acclaimed actor Oscar Isaac reduced the price of his Boerum Hill penthouse last week. Mr. Isaac purchased the duplex penthouse at The Hendrik in 2018, fresh off his success in Star Wars films as well as his Golden Globe-winning turn in HBO mini-series Show Me a Hero. The New York Post notes that the property briefly listed for $5 million in 2023 before it was taken off-market; it returned for $4.695 million in August 2024, and the most recent price cut brings it down to $4,500,000. If it sells for this price, Mr. Isaac would break even, having paid $4.49 million for it.

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

The Hendrik is situated at the intersection of Boerum Hill, Downtown Brooklyn, and Park Slope, though its fortress-like street presence could be more appealing.

-11.5% | $40,100

205 East 89th Street, #2D
$309,900

Yorkville | Cooperative | Studio, 1 Bath

205 East 89th Street, #2D (Brick & Mortar LLC)

From the Listing: This charming studio unit offers a perfect blend of comfort and convenience, all at your fingertips. This unit features hardwood floors, ample closets and storage (with built in and customizable shelves), and a thoughtful layout. The kitchen and bathroom have been tastefully updated with stainless steel appliances and modern fixtures and finishes. See floor plan and full details here.

-10.5% | -$70,000

17 East 84th Street, #1A
$599,000

Carnegie Hill | Cooperative | 1 Bedroom, 1 Bath | 975 ft²

17 East 84th Street, #1A (Brown Harris Stevens Residential Sales LLC)

From the Listing: Nestled just a stone's throw from the iconic Metropolitan Museum of Art and Central Park, this charming residence offers unparalleled access to some of New York City's most treasured landmarks. This large, one-bedroom, one-bath home boasts a formal dining room, stunning hardwood floors throughout, and an elegant stained glass window in a landmarked building. High ceilings provide a grand, airy feel. See floor plan and full details here.

-22.3% | -$200,000

Gramercy Spire, #17E
$699,000

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath | 850 ft²

Gramercy Spire, #17E (Douglas Elliman Real Estate)

From the Listing: Welcome home to your dream apartment in Gramercy Park. This large, high-floor one-bedroom gets great light and has lovely eastern views. The apartment is in semi-original condition with parquet floors and original bathroom. The kitchen, however, has been opened up and has new stainless steel appliances. The owner recently upgraded the thru wall HVAC units in the living room and bedroom. The terrace is very large and could accommodate a table with chairs for al fresco dining as well as some chaise lounges to soak in the great morning sunlight. See floor plan and full details here.

-10% | -$100,000

158 15th Street, #3A
$899,000

Park Slope | Condominium | 2 Bedrooms, 1 Bath | 687 ft²

158 15th Street, #3A (Compass)

From the Listing: Duplex residence #3A is bright and airy, with northern exposures, hardwood oak floors, mini splits for heating and cooling, and in-unit laundry! The open kitchen/dining and living room are equipped with stainless steel appliances, ample custom white lacquer cabinetry and granite countertops with oversized windows, exposed brick and plenty of room for entertaining. The primary bedroom features generous storage and a floor-to-ceiling sliding glass door, flooding the room with natural light and leading out to the highlight of this home - the large wrap-around rooftop terrace. J-51 tax abatement in place until 2034. See full details here.

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-16.8% | -$201,000

Sutton Gardens, #11R
$999,000

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

Sutton Gardens, #11R (Brown Harris Stevens Residential Sales LLC)

From the Listing: Luxuriate on your massive terrace with partial river views! This sprawling, sun-filled home boasts triple exposures, oversized living room, separate dedicated dining, renovated windowed kitchen, two large bedrooms, two full bathrooms, beautiful hardwood floors, and superb closet space including two walk-ins! No board approval required. Unsold shares that can transfer with sponsor rights. If new owner does not take occupancy, they may retain sponsor rights to lease out apartment unlimitedly and indefinitely See floor plan and full details here.

-9.2% | -$111,000

Rockefeller Apartments, #6CC
$1,099,000

Midtown West | Cooperative | 1 Bedroom, 1 Bath | 980 ft²

Rockefeller Apartments, #6CC (Douglas Elliman Real Estate)

From the Listing: Fully renovated one-bedroom in the heart of Manhattan showcases a gracious and striking layout enhanced by the perfect balance of the stunning MoMA Sculpture Garden and an unobstructed south-facing city skyline backdrop you can enjoy from all the windows of the apartment. Upgrades include exquisite wallpaper, a stunning color palette, huge closet spaces, a state-of-the-art kitchen, modern and designer’s bathroom, and new windows and AC. See full details here.

-11.2% | -$145,000

The Collection, #514
$1,150,000

Financial District | Condominium | 2 Bedrooms, 2 Baths | 1,204 ft²

The Collection, #514 (Compass)

From the Listing: Residence 514 features a versatile split floor plan with one bedroom and a home office that can serve as a nursery, guest bedroom, or den. The expansive living/dining area boasts oversized windows allowing natural light to flood the space. The residence is equipped with top-of-the-line appliances including a Sub-Zero refrigerator, Miele oven, and an in-unit washer/dryer. See floor plan and full details here.

-21.9% | -$350,000

The Sherry Netherland, #1214/1215
$1,250,000

Park/Fifth Ave. to 79th St. | Cooperative | 2 Bedrooms, 2 Baths

The Sherry Netherland, #1214/1215 (Douglas Elliman Real Estate)

From the Listing: Located in the famed Sherry Netherland on Fifth Avenue, this published and recently renovated residence features 2 bedrooms and 2 custom marble bathrooms. One of the most desirable floor plans in the building with 12 windows, high ceilings and the most gracious foyer. The oversized living room is perfectly designed and flooded with sunlight, offering ample room for both living and dining. The expansive primary suite includes a large windowed bath and gorgeous dressing room. Available furnished. See floor plan and full details here.

-11.8% | -$200,000

Tower 58, #14E
$1,495,000

Midtown West | Condominium | 2 Bedrooms, 1.5 Baths | 1,063 ft²

Tower 58, #14E (Corcoran Group)

From the Listing: Residence #14E offers 1,063 approximate square feet of interior living space, 2 bedrooms, 1.5 bathrooms, sunny southern and eastern exposures, and a south-facing balcony. A gracious foyer with a large walk-in entry closet and two coat closets leads to a spacious living room with large dining alcove. The windowed kitchen comes complete with dishwasher and pantry. See floor plan and full details here.

-2.9% | -$50,000

Minuet, #2C
$1,699,000

Turtle Bay/United Nations | Condominium | 2 Bedrooms, 2 Baths | 1,003 ft²

Minuet, #2C (Brown Harris Stevens Development Marketing LLC)

From the Listing: Residence #2C is a beautifully appointed south-facing two-bedroom, two-bath residence spanning over 1,000 square feet. The residence includes a private balcony for outdoor enjoyment. The open plan living/dining room features abundant natural light and views of the landscaped garden below and the city skyline beyond. The impressively outfitted kitchen features custom cabinetry by BOTTEGA, polished Taj Mahal Quartzite countertops and backsplash, fully integrated Miele Appliances, and Hansgrohe chrome fixtures. See floor plan and full details here.

-9.1% | -$200,000

Twenty9th Park Madison, #29A
$1,995,000

Flatiron/Union Square | Condominium | 2 Bedrooms, 2 Baths | 1,158 ft²

Twenty9th Park Madison, #29A (Christies International Real Estate Group LLC)

From the Listing: This expansive two-bedroom, two-bathroom corner apartment offers awe-inspiring views of the Empire State Building and Chrysler Building from its floor-to-ceiling windows, spanning the south, north, and west. The residence boasts generous closet space, elegant hardwood flooring, and a Bosch washer/dryer. The open, sunlit chef's kitchen is equipped with beautiful Wenge cabinetry, pristine white stone countertops, and top-of-the-line appliances. See floor plan and full details here.

-11.3% | -$255,000

The Strathmore, #11A
$1,995,000

Morningside Heights | Cooperative | 3 Bedrooms, 2 Baths

The Strathmore, #11A (Brown Harris Stevens Residential Sales LLC)

From the Listing: This is a rare and exciting offering at the famed and coveted Swarthmore, a grand and elegant full-service coop residence located at 404 Riverside Drive. Residence #11A is a stunning high floor large north/east corner apartment with soaring open views from every one of its beautifully proportioned rooms. Upon entering, you are struck by the space, scale, original detail and elegant proportions of light-filled rooms with soaring ceilings and beautiful partial river and open city views. The apartment has been lovingly maintained with tasteful updates, including new windows throughout, but retains many extraordinary prewar details. See floor plan and full details here.

-12.9% | -$375,000

One United Nations Park, #42G
$2,525,000

Murray Hill | Condominium | 2 Bedrooms, 2.5 Baths | 1,630 ft²

One United Nations Park, #42G (Corcoran Sunshine Marketing Group)

From the Listing: Residence 42G at One United Nations Park is a spacious two-bedroom, two-bathroom plus powder room, boasting Manhattan skyline views, including the Empire State and Chrysler Buildings. The generous layout features an expansive great room and open kitchen with large island. The primary suite offers a 5-fixture bath and oversized walk-in closet. The secondary bedroom is complete with an en suite bath. Ceilings over nine feet and floor-to-ceiling windows allow for maximum openness and natural light. See floor plan and full details here.

-8.4% | -$295,000

The Beresford, #2C
$3,200,000

Central Park West | Cooperative | 2 Bedrooms, 2 Baths

The Beresford, #2C (Douglas Elliman Real Estate)

From the Listing: Rarely available and truly special, this 2-bedroom, 2-bathroom south-facing home in The Beresford is in excellent condition. There are wonderful views of The Rose Planetarium which is dramatically lit in the evening, the beautifully landscaped Theodore Roosevelt Park, and Central Park. One enters the apartment from the beautifully decorated private elevator landing into a gracious entrance gallery. Off of the gallery is the grand formal living room with wood-burning fireplace. See floor plan and full details here.

-18% | -$800,000

Vesta 17, #6B
$3,650,000

Chelsea | Condominium | 3 Bedrooms, 2.5 Baths | 1,925 ft²

Vesta 17, #6B (Corcoran Group)

From the Listing: Architecturally remodeled residence was completely reimagined and redesigned with attention to detail, a thoughtful layout, and no expenses spared. Situated in a bright southeast corner with open city views, the large living room features custom millwork built-ins and integrates seamlessly with a timeless Poliform windowed kitchen. The crafted designed hallway seamlessly leads to private living quarters with abundant California closets, two generous bedrooms, and a third office/media room. The spacious primary bedroom features an ensuite spa-like travertine marble bath, enhancing the feel of organic tranquility. See floor plan and full details here.

-4.2% | -$195,000

The Hendrik, #PH1B
$4,500,000

Boerum Hill | Condominium | 4 Bedrooms, 3 Baths | 2,397 ft²

The Hendrik, #PH1B (Corcoran Group)

From the Listing: Penthouse #1B at the Hendrik is a trophy penthouse that feels like a massive treehouse in the sky, situated at the dramatic south and west corner of a striking Mid-Century Modern-inspired building. This duplex penthouse is distinguished by a private wraparound terrace with water views, a fantastic duplex layout, a Great Room with soaring 12' ceilings, dramatic floor-to-ceiling sound attenuated windows, wide-plank oak floors, and a multi-zone heating and cooling system. See floor plan and full details here.

-10% | -$550,000

870 United Nations Plaza, #29DE
$4,950,000

Turtle Bay/United Nations | Cooperative | 6+ Bedrooms, 6+ Baths | 5,354 ft²

870 United Nations Plaza, #29DE (Douglas Elliman Real Estate)

From the Listing: Presenting an extremely rare opportunity to own a sprawling 5,354 square foot residence with extraordinary views from every vantage point, in Midtown Manhattan's prestigious United Nations Plaza! This enormous combination unit offering 8 bedrooms, 7 full baths, 2 half baths, plus 2 kitchens, an office, study, and expansive entertaining space is truly elegant and one of a kind. Perched on the 29th floor and wrapped in walls of windows on 3 sides, 29DE enjoys beautiful natural light and showcases spectacular unobstructed East River, UN and city skyline views from high above NYC. See floor plan and full details here.

-15% | -$1,500,000

48 Commerce Street, #TH
$8,995,000

West Village | Townhouse | 6+ Bedrooms, 6+ Baths | 4,860 ft²

48 Commerce Street, #TH (The Agency Brokerage)

From the Listing: The stunning 5-story townhome at 48 Commerce St. presents timeless luxury living in the heart of the West Village, one of New York City’s most coveted neighborhoods. Set on an expansive lot with almost 5,000 square feet of living space and a width of 20 feet, this residence can accommodate at least 6 bedrooms, each with its own office and walk-in closet. With 8 full baths, residents and guests enjoy comfort and privacy. Features include 9 wood-burning fireplaces, a rear patio, a front garden, and rooftop space that allows for a deck with skyline views. See floor plan and full details here.

-10.1% | -$1,205,000

212 Fifth Avenue, #7A
$10,695,000

Flatiron/Union Square | Condominium | 3 Bedrooms, 2.5 Baths | 3,008 ft²

212 Fifth Avenue, #7A (Brown Harris Stevens Residential Sales LLC)

From the Listing: Ultra-luxurious reconfigured 3-bedroom, 2.5-bath home overlooking the leafy canopy of picturesque Madison Square Park. This exquisite corner apartment boasts a grand entrance foyer and wide hallway which leads to a dramatic 35' great room with expansive windows that offer breathtaking park views and light all with 11'4" ceilings. Additionally there is a completely renovated chef's eat-in kitchen with a spacious dining area with double exposures. This premier Fifth Avenue home has been meticulously transformed over the course of a year plus and features the highest-quality finishes, a new top of the line kitchen, media room and home office. See floor plan and full details here.

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In this article:

-11.5% | $40,100

205 East 89th Street, #2D
$309,900

-10.5% | -$70,000

17 East 84th Street, #1A
$599,000

-22.3% | -$200,000

Gramercy Spire, #17E
$699,000

-10% | -$100,000

158 15th Street, #3A
$899,000

Select which properties are of interest to you:

-16.8% | -$201,000

Sutton Gardens, #11R
$999,000

-9.2% | -$111,000

Rockefeller Apartments, #6CC
$1,099,000

-11.2% | -$145,000

The Collection, #514
$1,150,000

-21.9% | -$350,000

The Sherry Netherland, #1214/1215
$1,250,000

-11.8% | -$200,000

Tower 58, #14E
$1,495,000

-2.9% | -$50,000

Minuet, #2C
$1,699,000

-9.1% | -$200,000

Twenty9th Park Madison, #29A
$1,995,000

-11.3% | -$255,000

The Strathmore, #11A
$1,995,000

-12.9% | -$375,000

One United Nations Park, #42G
$2,525,000

-8.4% | -$295,000

The Beresford, #2C
$3,200,000

-18% | -$800,000

Vesta 17, #6B
$3,650,000

-4.2% | -$195,000

The Hendrik, #PH1B
$4,500,000

-10% | -$550,000

870 United Nations Plaza, #29DE
$4,950,000

-15% | -$1,500,000

48 Commerce Street, #TH
$8,995,000

-10.1% | -$1,205,000

212 Fifth Avenue, #7A
$10,695,000

This is your member's center

In this article:

-11.5% | $40,100 205 East 89th Street, #2D$309,900

-10.5% | -$70,000 17 East 84th Street, #1A$599,000

-22.3% | -$200,000 Gramercy Spire, #17E$699,000

-10% | -$100,000 158 15th Street, #3A$899,000

Select which properties are of interest to you:

-16.8% | -$201,000 Sutton Gardens, #11R$999,000

-9.2% | -$111,000 Rockefeller Apartments, #6CC$1,099,000

-11.2% | -$145,000 The Collection, #514$1,150,000

-21.9% | -$350,000 The Sherry Netherland, #1214/1215$1,250,000

-11.8% | -$200,000 Tower 58, #14E$1,495,000

-2.9% | -$50,000 Minuet, #2C$1,699,000

-9.1% | -$200,000 Twenty9th Park Madison, #29A$1,995,000

-11.3% | -$255,000 The Strathmore, #11A$1,995,000

-12.9% | -$375,000 One United Nations Park, #42G$2,525,000

-8.4% | -$295,000 The Beresford, #2C$3,200,000

-18% | -$800,000 Vesta 17, #6B$3,650,000

-4.2% | -$195,000 The Hendrik, #PH1B$4,500,000

-10% | -$550,000 870 United Nations Plaza, #29DE$4,950,000

-15% | -$1,500,000 48 Commerce Street, #TH$8,995,000

-10.1% | -$1,205,000 212 Fifth Avenue, #7A$10,695,000

Select which properties are of interest to you:

Listings in this article

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-11.5% | $40,100

205 East 89th Street, #2D
$309,900

-10.5% | -$70,000

17 East 84th Street, #1A
$599,000

-22.3% | -$200,000

Gramercy Spire, #17E
$699,000

-10% | -$100,000

158 15th Street, #3A
$899,000

-16.8% | -$201,000

Sutton Gardens, #11R
$999,000

-9.2% | -$111,000

Rockefeller Apartments, #6CC
$1,099,000

-11.2% | -$145,000

The Collection, #514
$1,150,000

-21.9% | -$350,000

The Sherry Netherland, #1214/1215
$1,250,000

-11.8% | -$200,000

Tower 58, #14E
$1,495,000

-2.9% | -$50,000

Minuet, #2C
$1,699,000

-9.1% | -$200,000

Twenty9th Park Madison, #29A
$1,995,000

-11.3% | -$255,000

The Strathmore, #11A
$1,995,000

-12.9% | -$375,000

One United Nations Park, #42G
$2,525,000

-8.4% | -$295,000

The Beresford, #2C
$3,200,000

-18% | -$800,000

Vesta 17, #6B
$3,650,000

-4.2% | -$195,000

The Hendrik, #PH1B
$4,500,000

-10% | -$550,000

870 United Nations Plaza, #29DE
$4,950,000

-15% | -$1,500,000

48 Commerce Street, #TH
$8,995,000

-10.1% | -$1,205,000

212 Fifth Avenue, #7A
$10,695,000