Price Cuts: Sponsor reductions at One United Nations Park; $205K discount on Irina Shayk's West Village condo

By CityRealty Staff | From Future New York Wednesday, July 24, 2024

166 Perry Street, #1C (A&I Broadway Realty) | By Enric Fradera - Imported from 500px (archived version) by the Archive Team. (detail page), CC BY 3.0, https://commons.wikimedia.org/w/index.php?curid=71434023

From July 16-22, 2024, approximately 200 condos, co-ops, condops, and townhouses throughout New York City experienced price reductions. Among them were four sponsor units at One United Nations Park, a new development condo that makes a bold statement on the East River waterfront with its black glass facade. All interiors boast light and airy palettes, top-of-the-line appliances in the kitchens, and high-end fixtures in the baths, not to mention a built-in Crestron smart home system that allows residents to control their apartment's lighting, temperature, and window shades through an app. The building is 80% sold, and the sponsor has reduced prices on some remaining high-floor availabilities.

Up the street, boutique condominium Minuet is of decidedly smaller scale, but with no less attention to detail. There are no more than three units per floor, and all apartments feature high ceilings, floor-to-ceiling windows, custom kitchens, and private outdoor space. But sales have been slow, and the sponsor has reduced prices on four units, including the penthouse.

Also of note last week, model Irina Shayk reduced the price of her West Village apartment with airy interiors and state-of-the-art technology. She listed it for $4.2 million in June 2024, but reduced it to $3,995,000 just over a month later. However, she still stands to make a profit -- public records show that she paid $1,962,500 for it in September 2010.

A selection of featured listings may be seen below, along with a full chart detailing all of last week's price cuts. Please be advised that all figures quoted reflect cumulative price cuts as opposed to the most recent reductions.

-13.5% | -$94,000

The Sherry Netherland, #514
$605,000

Park/Fifth Ave. to 79th St. | Cooperative | 1 Bedroom, 1 Bath | 919 ft²

The Sherry Netherland, #514 (Compass)

From the Listing: Live across from Central Park! This is a great opportunity to purchase a luxurious prewar one-bedroom, one-bath residence in the prestigious Sherry-Netherland. The apartment is perfect for the flexibility of having it part of the hotel rental pool or your own private residence. Daily housekeeping services are available, 24-hour concierge, room service from Harry Cipriani and all the amenities of a luxury hotel, you will feel like a pampered guest in your own home. Unit can be sold with furnishings, but crystal chandeliers are excluded from the sale. See floor plan and full details here.

-22.3% | -$200,000

Hayden House, #PHB
$699,000

Central Park West | Cooperative | Studio, 1 Bath

Hayden House, #PHB (Berkshire Hathaway HomeServices New York Properties)

From the Listing: This penthouse alcove studio, nestled within the elegant Beaux Arts co-op known as The Hayden House, awaits its discerning owner. Two outdoor spaces, three skylights, and beautiful hardwood floors grace the interior. The galley kitchen, complete with granite countertops, ensures both functionality and style. Additionally, a storage unit provides practicality for city living. Welcome home! See floor plan and full details here.

-18.3% | -$201,000

50 Sutton Place South, #20H
$899,000

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

50 Sutton Place South, #20H (Douglas Elliman Real Estate)

From the Listing: Enjoy the sunshine and river views from this high floor, highly desirable 4-room home with direct river views and expansive eastern and southern exposures. Its fantastic and flexible layout includes a large den with 2 exposures that can easily be a large second bedroom. You are welcomed into this wonderful home with a large entry foyer leading to an huge living room with wonderful space for both entertaining and comfortable living. A lovely terrace faces out to the East River with east and southeast sparkling river views. See floor plan and full details here.

-17.4% | -$200,000

212 Condominium, #31B
$950,000

Turtle Bay/United Nations | Condominium | 1 Bedroom, 1 Bath | 710 ft²

212 Condominium, #31B (Compass)

From the Listing: Immerse yourself in the epitome of luxury living with this impeccably renovated one-bedroom condo. This high-rise residence offers 710 square feet of exquisite living space, complete with captivating city views and open exposures that infuse the home with natural light. Step into a chef's kitchen featuring Energy Star appliances, granite countertops, and custom cabinetry. The living space boasts oversized windows, hardwood floors, and recessed lighting, creating a modern and inviting ambiance. See floor plan and full details here.

-41.3% | -$700,000

The Victorian, #15D
$995,000

Lenox Hill | Cooperative | 4 Bedrooms, 4 Baths

The Victorian, #15D (Brown Harris Stevens Residential Sales LLC)

From the Listing: Amazing opportunity to purchase in a straight-forward land lease building! This expansive, light-filled residence enjoys city and skyline views throughout and features four spacious bedrooms, four full proper bathrooms, an elegant formal dining room, a gorgeous windowed chef's kitchen with stainless steel appliances, dishwasher, wine refrigerator, Bosch washer/dryer, fantastic counter space and cabinets. All of the bedrooms are separate from each other and enjoy en-suite bathrooms. Maintenance includes all utilities plus cable. See floor plan and full details here.

Would you like to tour any of these properties?

Just complete the info below.

-10.6% | -$125,000

Umbrella Factory, #1E
$1,050,000

Williamsburg | Condominium | 1 Bedroom, 1 Bath | 769 ft²

Umbrella Factory, #1E (MNS)

From the Listing: Offers are encouraged on this final one-bedroom residence with southern exposure, soaring 14’ ceilings, and a large private terrace. The high ceilings and exposed timber beams are the first details you will notice as you enter. The kitchen is finished with custom cabinetry, Marra Blanca countertops and backsplash, and fully integrated Bosch appliances. Summer special: Pay zero in transfer taxes and zero in common charges for one year! See floor plan and full details here.

-16.7% | -$275,000

Museum Tower, #42C
$1,375,000

Midtown West | Condominium | 1 Bedroom, 1.5 Baths | 973 ft²

Museum Tower, #42C (Douglas Elliman Real Estate)

From the Listing: A rare high-floor C-Line listing in the highly coveted Museum Tower condominium, this sun-drenched apartment features an open kitchen with granite countertops and stainless steel appliances overlooking a sprawling living room dining room. The king-sized bedroom offers a wall of closets adjacent to the spa-like ensuite bathroom. Add to this a gracious powder room, teak wood floors, 9 foot ceilings and an abundance of closet space. See floor plan and full details here.

-10% | -$200,000

The New Chelsea, #GRDN
$1,795,000

Chelsea | Cooperative | 3 Bedrooms, 3 Baths | 1,460 ft²

The New Chelsea, #GRDN (Corcoran Group)

From the Listing: Be the first to live in this sun-soaked, completely remodeled down to the studs Chelsea apartment designed by international Interior designer, Emily Weiss. As you enter this home, you're greeted by a custom-stained glass entry transom that infuses warmth and character into the space with high ceilings that elevate the elegance of this remarkable interior. Entertain or savor casual meals on the impressive 10-foot kitchen island, a centerpiece ideal for gatherings. Through French doors, discover a serene garden oasis that includes an outdoor space, with exclusive use and access -a rarity in the heart of the city. See floor plan and full details here.

-7.7% | -$150,000

Minuet, #2C
$1,795,000

Midtown East | Condominium | 2 Bedrooms, 2 Baths | 1,003 ft²

Minuet, #2C (Christies International Real Estate Group LLC)

From the Listing: Residence #2C is a beautifully appointed two-bedroom, two-bathroom residence spanning 1,003 square feet. 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. A peninsula connects to the great room beyond and provides ample space for dining and working. The bedroom wing is discreetly tucked away from the living spaces. See floor plan and full details here.

-9.1% | -$200,000

Selene, #26B
$1,995,000

Midtown East | Condominium | 1 Bedroom, 1.5 Baths | 1,375 ft²

Selene, #26B (Compass)

From the Listing: Designed by the renowned Pritzker Prize-winning architect Norman Foster, this corner residence in the prestigious Sky Collection is a testament to refined elegance and modern sophistication. The nearly ten-foot ceilings and floor-to-ceiling, gracefully curved windows create an airy, light-filled atmosphere, enhancing the stunning architectural details and expansive proportions of this exceptional home. Meticulously designed interiors feature custom millwork, high-end fittings, and an expansive floor plan, all bathed in natural light and offering panoramic views of New York City's iconic skyline. See floor plan and full details here.

-29% | -$1,000,000

1000 Park Avenue, #10A
$2,450,000

Carnegie Hill | Cooperative | 2 Bedrooms, 2 Baths

1000 Park Avenue, #10A (Brown Harris Stevens Residential Sales LLC)

From the Listing: Superb corner apartment with soaring ten-foot ceilings is located in one of Park Avenue's most impressive early 20th-century Emery Roth-designed, Bing and Bing built white-glove cooperatives. Perched high above Park Avenue with extraordinary sunlight and dramatic views south to the Chrysler building, the residence offers generously scaled rooms, rich hardwood floors, a wood-burning fireplace in the living room, oversize windows, abundant closet and storage space, and thru-wall air conditioning. A large gallery leads into the sun-flooded living room with views east over Park Avenue and south. The recently updated windowed kitchen adjoins a spacious dining gallery. See floor plan and full details here.

-6.4% | -$200,000

The Westly, #15B
$2,950,000

Riverside Dr./West End Ave. | Condominium | 2 Bedrooms, 2.5 Baths | 1,477 ft²

The Westly, #15B (Reuveni LLC)

From the Listing: Experience the epitome of luxury and timeless refinement at The Westly, classic Upper West Side charm with a welcomed twist. As you step into this spacious two-bedroom's gracious foyer, you’ll be greeted with white oak herringbone flooring, a spacious entry closet, and a powder room featuring Calacatta Gold marble flooring and accent walls. The open living room boasts large windows overlooking the surrounding treetops, providing a serene ambiance filled with natural light. The kitchen is designed for both function and style, featuring crema delivato marble counters, white matte lacquer cabinets by Aster Cucine, and top-of-the-line Gaggenau appliances. See floor plan and full details here.

-18.6% | -801,000

50 West, #49B
$3,499,000

Financial District | Condominium | 2 Bedrooms, 2.5 Baths | 1,513 ft²

50 West, #49B (Time Equities Brokerage LLC)

From the Listing: Enter through a gallery into the bright and airy living room with floor-to-ceiling windows that reveal expansive views of Hudson River and Statue of Liberty. Modern design of the open kitchen features a waterfall granite island, walnut cabinetry, and first-in-class appliances from Miele and Sub-Zero. The primary and second bedroom both have additional built-in storages and private en-suite bathrooms, and there is an additional half-bath for guests. See floor plan and full details here.

-4.9% | -$205,000

166 Perry Street, #1C
$3,995,000

West Village | Condominium | 3 Bedrooms, 2.5 Baths | 2,462 ft²

166 Perry Street, #1C (A & I Broadway Realty Inc)

From the Listing: This exquisite, well-proportioned corner three-bedroom plus den duplex apartment with southwestern exposure overlooks Hudson River and historic Charles Lane. Features include high ceilings, floor-to-ceiling windows, ample closet space, white oak wide plank floors and an open kitchen with top-of-the-line appliances and high-end fixtures. Enjoy a movie theater setup with a projector and screen, along with a convenient home office space, ideal for those who work remotely. See floor plan and full details here.

-17.3% | -$855,000

One United Nations Park, #40E
$4,095,000

Murray Hill | Condominium | 3 Bedrooms, 3.5 Baths | 2,097 ft²

One United Nations Park, #40E (Corcoran Sunshine Marketing Group)

From the Listing: Residence 40E at One United Nations Park's generous layout features an open kitchen with large island, separate laundry room, and two private terraces overlooking the city skyline of Manhattan, including the Empire State and Chrysler Buildings. The primary suite offers a large walk-in-closet and over-sized five-fixture bath. Ceilings over nine feet and floor-to-ceiling windows allow for maximum openness and abundant natural light. The residence is equipped with a built-in Crestron smart home system that regulates temperature, lighting and the motorized window shades. See floor plan and full details here.

-25.9% | -$1,500,000

61 East 82nd Street, #AB
$4,300,000

Carnegie Hill | Cooperative | 3 Bedrooms, 4 Baths | 3,475 ft²

61 East 82nd Street, #AB (Sothebys International Realty)

From the Listing: Occupying three floors in a stately limestone and brick colonial-inspired townhouse, this delightful residence benefits from an ideal location, very attractive original detail, and a meticulous renovation. Upon entry, a very attractive vestibule opens to the impressive gallery, with limestone floors and a gas fireplace that boasts the original black marble mantle. Beyond, a sweeping staircase wrapped in dark brown leather gracefully leads to the bright and very impressive living room with soaring high ceilings and a wood-burning fireplace. On the floor below, there is a wonderful bedroom with divine views over and direct access to the lushly landscaped garden. See floor plan and full details here.

-33% | -$2,995,000

Fifteen Hudson Yards, #77A
$5,995,000

Midtown West | Condominium | 3 Bedrooms, 3.5 Baths | 2,362 ft²

Fifteen Hudson Yards, #77A (Douglas Elliman Real Estate)

From the Listing: High floor Hudson Yards three-bedroom's corner great room allows for effortless entertaining and gracious living, and the 10'7" floor-to-ceiling windows with southern and eastern exposure offer panoramic views of the Hudson River and New York City skyline. The open chef's kitchen features an island of Italian Michelangelo marble, cabinetry in oxidized dove-dyed oak, marble backsplash, and Miele appliances. The primary bedroom suite offers southern river views, dual walk-in closets, and windowed bathroom with six-foot soaking tub and radiant heated floors of sand brushed Italian limestone. See floor plan and full details here.

-21.9% | -$1,750,000

515 Park Avenue, #5A
$6,250,000

Park/Fifth Ave. to 79th St. | Condominium | 3 Bedrooms, 4 Baths | 2,520 ft²

515 Park Avenue, #5A (Sothebys International Realty)

From the Listing: Welcome to Apartment 5A at 515 Park Avenue, where the elegance of a bygone era meets contemporary sophistication. The expansive layout of this residence, originally a three-bedroom, 3.5-bathroom home now masterfully reimagined as a two-bedroom suite, features generously proportioned rooms and high ceilings. These elements, combined with the oversized windows, bathe the apartment in natural light while offering stunning views of Park Avenue. This home's heart lies in the chef’s kitchen, a culinary dream equipped with premium commercial-grade appliances, marble countertops, and bespoke windowed cabinetry. See floor plan and full details here.

-12.8% | -$1,250,000

The Beresford, #4G
$8,500,000

Central Park West | Cooperative | 4 Bedrooms, 4 Baths

The Beresford, #4G (Corcoran Group)

From the Listing: Incredibly beautiful Central Park views, a brilliantly conceived, pristine renovation and a generosity of space elevate this Beresford four-bedroom plus library classic nine to the highest level of residential perfection. A semi-private landing and central gallery open into an archetypal entertainment area: a 30' x 18' Park view living room with wood-burning fireplace, a magnificent formal dining room, a fabulous library/study, and a restaurant size chef's eat-in kitchen. In a separate wing reside a serene primary bedroom with wonderful Park views east and north and a handsome bath ensuite. An ample basement storage locker comes with the apartment. See floor plan and full details here.

-13.3% | -$2,000,000

40 Fifth Avenue, #15D
$12,995,000

Greenwich Village | Cooperative | 5 Bedrooms, 5.5 Baths | 3,500 ft²

40 Fifth Avenue, #15D (Bespoke Real Estate LLC)

From the Listing: A testament to exquisite design, this expansive duplex is the result of seamlessly merging two units on the 14th and 15th floors. Encompassing an impressive 3,500 square feet, the residence boasts five bedrooms, five and a half bathrooms, modern amenities, and awe-inspiring triple exposures that frame panoramic views to Midtowns iconic Empire State Building. No detail has been overlooked in this meticulously adorned residence, which offers radiant heated bathroom floors, two wood-burning fireplaces (with an option for a third), herringbone floors, multi-zoned, ducted central air-conditioning, and a sound system with in-ceiling speakers, complemented by exquisite Merit hand-crafted hardware throughout. See floor plan and full details here.

Would you like to tour any of these properties?

This is your member's center

In this article:

-13.5% | -$94,000

The Sherry Netherland, #514
$605,000

-22.3% | -$200,000

Hayden House, #PHB
$699,000

-18.3% | -$201,000

50 Sutton Place South, #20H
$899,000

-17.4% | -$200,000

212 Condominium, #31B
$950,000

-41.3% | -$700,000

The Victorian, #15D
$995,000

Select which properties are of interest to you:

-10.6% | -$125,000

Umbrella Factory, #1E
$1,050,000

-16.7% | -$275,000

Museum Tower, #42C
$1,375,000

-10% | -$200,000

The New Chelsea, #GRDN
$1,795,000

-7.7% | -$150,000

Minuet, #2C
$1,795,000

-9.1% | -$200,000

Selene, #26B
$1,995,000

-29% | -$1,000,000

1000 Park Avenue, #10A
$2,450,000

-6.4% | -$200,000

The Westly, #15B
$2,950,000

-18.6% | -801,000

50 West, #49B
$3,499,000

-4.9% | -$205,000

166 Perry Street, #1C
$3,995,000

-17.3% | -$855,000

One United Nations Park, #40E
$4,095,000

-25.9% | -$1,500,000

61 East 82nd Street, #AB
$4,300,000

-33% | -$2,995,000

Fifteen Hudson Yards, #77A
$5,995,000

-21.9% | -$1,750,000

515 Park Avenue, #5A
$6,250,000

-12.8% | -$1,250,000

The Beresford, #4G
$8,500,000

-13.3% | -$2,000,000

40 Fifth Avenue, #15D
$12,995,000

This is your member's center

In this article:

-13.5% | -$94,000 The Sherry Netherland, #514$605,000

-22.3% | -$200,000 Hayden House, #PHB$699,000

-18.3% | -$201,000 50 Sutton Place South, #20H$899,000

-17.4% | -$200,000 212 Condominium, #31B$950,000

-41.3% | -$700,000 The Victorian, #15D$995,000

Select which properties are of interest to you:

-10.6% | -$125,000 Umbrella Factory, #1E$1,050,000

-16.7% | -$275,000 Museum Tower, #42C$1,375,000

-10% | -$200,000 The New Chelsea, #GRDN$1,795,000

-7.7% | -$150,000 Minuet, #2C$1,795,000

-9.1% | -$200,000 Selene, #26B$1,995,000

-29% | -$1,000,000 1000 Park Avenue, #10A$2,450,000

-6.4% | -$200,000 The Westly, #15B$2,950,000

-18.6% | -801,000 50 West, #49B$3,499,000

-4.9% | -$205,000 166 Perry Street, #1C$3,995,000

-17.3% | -$855,000 One United Nations Park, #40E$4,095,000

-25.9% | -$1,500,000 61 East 82nd Street, #AB$4,300,000

-33% | -$2,995,000 Fifteen Hudson Yards, #77A$5,995,000

-21.9% | -$1,750,000 515 Park Avenue, #5A$6,250,000

-12.8% | -$1,250,000 The Beresford, #4G$8,500,000

-13.3% | -$2,000,000 40 Fifth Avenue, #15D$12,995,000

Select which properties are of interest to you:

Listings in this article

Tags:

Related Articles

Buy & Sell

Rent

Buildings

Insights

Company

-13.5% | -$94,000

The Sherry Netherland, #514
$605,000

-22.3% | -$200,000

Hayden House, #PHB
$699,000

-18.3% | -$201,000

50 Sutton Place South, #20H
$899,000

-17.4% | -$200,000

212 Condominium, #31B
$950,000

-41.3% | -$700,000

The Victorian, #15D
$995,000

-10.6% | -$125,000

Umbrella Factory, #1E
$1,050,000

-16.7% | -$275,000

Museum Tower, #42C
$1,375,000

-10% | -$200,000

The New Chelsea, #GRDN
$1,795,000

-7.7% | -$150,000

Minuet, #2C
$1,795,000

-9.1% | -$200,000

Selene, #26B
$1,995,000

-29% | -$1,000,000

1000 Park Avenue, #10A
$2,450,000

-6.4% | -$200,000

The Westly, #15B
$2,950,000

-18.6% | -801,000

50 West, #49B
$3,499,000

-4.9% | -$205,000

166 Perry Street, #1C
$3,995,000

-17.3% | -$855,000

One United Nations Park, #40E
$4,095,000

-25.9% | -$1,500,000

61 East 82nd Street, #AB
$4,300,000

-33% | -$2,995,000

Fifteen Hudson Yards, #77A
$5,995,000

-21.9% | -$1,750,000

515 Park Avenue, #5A
$6,250,000

-12.8% | -$1,250,000

The Beresford, #4G
$8,500,000

-13.3% | -$2,000,000

40 Fifth Avenue, #15D
$12,995,000