From May 23-29, a total of 376 condo, co-op, and condop sales were recorded in Manhattan with an aggregate price of $666,884,763, making it the best week of recorded sales in at least two years. The 166 condo sales came to a median price of $1,765,277, or $1,462 per square foot. The median price of the 207 co-op sales was $800K.
The top sale of the past week was an apartment at The Park Laurel that sold for $16.8 million. This is 41.9 percent less than its last asking price of $28.9 million, and roughly half the $33.5 million price paid by its previous owner, Riza Aziz, a producer on The Wolf of Wall Street and son of a former Malaysian prime minister. The condo was allegedly purchased with funds embezzled from a Malaysian sovereign wealth fund; to avoid criminal charges, Mr. Aziz agreed to forfeit $60 million worth of assets, the condo among them. U.S. Marshals closed the deal on May 27.
Trailing close behind was an apartment at 220 Central Park South, the supertall that The Real Deal describes as "the clear heir to 15 Central Park West as the city’s new alpha residence." Apartment 29B closed for $16,076,813.
The top sale of the past week was an apartment at The Park Laurel that sold for $16.8 million. This is 41.9 percent less than its last asking price of $28.9 million, and roughly half the $33.5 million price paid by its previous owner, Riza Aziz, a producer on The Wolf of Wall Street and son of a former Malaysian prime minister. The condo was allegedly purchased with funds embezzled from a Malaysian sovereign wealth fund; to avoid criminal charges, Mr. Aziz agreed to forfeit $60 million worth of assets, the condo among them. U.S. Marshals closed the deal on May 27.
Trailing close behind was an apartment at 220 Central Park South, the supertall that The Real Deal describes as "the clear heir to 15 Central Park West as the city’s new alpha residence." Apartment 29B closed for $16,076,813.
125 East 63rd Street via Corcoran
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Meanwhile, according to Olshan Realty's market report, the Memorial Day holiday weekend didn't put a crimp in the Manhattan real estate market: A total of 40 listings priced above $4 million, three more than last week, entered contract from May 23-30. The streak of 30 or more luxury contracts is now at 17 weeks, and the total asking price sales volume was $284,124,000.
While condos outsold co-ops 33 to 4, the past week's three townhouse deals were among the top five contracts. Among them was 125 East 65th Street, which Henry R. Luce gifted to the China Institute in 1944, and would later be featured as the Kips Bay Decorator Show House. It has entered contract with an asking price of $16.8 million, which is 25.3% below its original asking price of $22.5 million.
The top apartment deal was #PH10B at 90 Morton Street, which had an asking price of $17.7 million. The Hudson Square printing house turned luxury condo was one of the best-selling buildings of Q1 2021, and saw many high-priced sales and deals before that.
While condos outsold co-ops 33 to 4, the past week's three townhouse deals were among the top five contracts. Among them was 125 East 65th Street, which Henry R. Luce gifted to the China Institute in 1944, and would later be featured as the Kips Bay Decorator Show House. It has entered contract with an asking price of $16.8 million, which is 25.3% below its original asking price of $22.5 million.
The top apartment deal was #PH10B at 90 Morton Street, which had an asking price of $17.7 million. The Hudson Square printing house turned luxury condo was one of the best-selling buildings of Q1 2021, and saw many high-priced sales and deals before that.
Top Sales
The Park Laurel via Compass
3 Available Listings from $4.38M
220 Central Park South via Vornado Realty Trust
2 Available Listings from $33M
All images of 1010 Park Avenue via Extell
From the listing:
Introducing the 12th floor at 1010 Park Avenue, one of New York's most distinguished new addresses and finest boutique condominiums developed by The Extell Development Company. Designed by renowned architects Beyer Blinder Belle, with interiors by David Collins Studio, 1010 Park Avenue seamlessly blends classic elegance with modern finishes and amenities.
This full floor 3,882-square-foot residence features four bedrooms, four and one half bathrooms, an expansive living room, chef's eat-in kitchen with an adjoining formal dining room, and generous proportions throughout. With one apartment per floor, one enters from the elevator directly into the home's beautifully designed private landing encased in custom wood paneling. Walk through the marble Rosso Levanto encased solid wood door to the residence's reception foyer leading to all entertaining spaces. The grand entertaining rooms offer views onto Park Avenue through oversized windows and are appointed with beautiful Continental Oak Versailles parquet flooring, custom molding and mill work detail. The state-of-the-art chef's eat-in kitchen, designed by Smallbone of Devizes, features top-of-the-line Miele appliances, custom oak cabinetry, Dornbracht fixtures, and marble tile floors.
Introducing the 12th floor at 1010 Park Avenue, one of New York's most distinguished new addresses and finest boutique condominiums developed by The Extell Development Company. Designed by renowned architects Beyer Blinder Belle, with interiors by David Collins Studio, 1010 Park Avenue seamlessly blends classic elegance with modern finishes and amenities.
This full floor 3,882-square-foot residence features four bedrooms, four and one half bathrooms, an expansive living room, chef's eat-in kitchen with an adjoining formal dining room, and generous proportions throughout. With one apartment per floor, one enters from the elevator directly into the home's beautifully designed private landing encased in custom wood paneling. Walk through the marble Rosso Levanto encased solid wood door to the residence's reception foyer leading to all entertaining spaces. The grand entertaining rooms offer views onto Park Avenue through oversized windows and are appointed with beautiful Continental Oak Versailles parquet flooring, custom molding and mill work detail. The state-of-the-art chef's eat-in kitchen, designed by Smallbone of Devizes, features top-of-the-line Miele appliances, custom oak cabinetry, Dornbracht fixtures, and marble tile floors.
2 Available Listings from $12.9M
Central Park Tower via Extell
7 Available Listings from $6.9M
One Lincoln Square via The Modlin Group
5 Available Listings from $3.3M
Top Contracts
All images of 76 Washington Place via Sotheby's International Realty
From the listing:
76 Washington Place represents the rare opportunity to purchase a stylishly renovated 1853 townhouse on one of Greenwich Village’s most historic and bucolic landmarked blocks. Located just off of Washington Square Park and boasting a width of over 22 feet, this extraordinary home features 4,600 square feet of above-grade interior space, a 975-square-foot cellar and approximately 1,300 square feet of beautifully landscaped gardens and terraces. This townhouse is located on a lovely block in the heart of Greenwich Village with a rich architectural, social and cultural history. Upon entering via a handsome Federal doorway, the home’s impressive double height entrance hall sets the tone and highlights its unique, loft-like layout and high level of finish.
76 Washington Place represents the rare opportunity to purchase a stylishly renovated 1853 townhouse on one of Greenwich Village’s most historic and bucolic landmarked blocks. Located just off of Washington Square Park and boasting a width of over 22 feet, this extraordinary home features 4,600 square feet of above-grade interior space, a 975-square-foot cellar and approximately 1,300 square feet of beautifully landscaped gardens and terraces. This townhouse is located on a lovely block in the heart of Greenwich Village with a rich architectural, social and cultural history. Upon entering via a handsome Federal doorway, the home’s impressive double height entrance hall sets the tone and highlights its unique, loft-like layout and high level of finish.
All images of 90 Morton Street via Reuveni Real Estate
From the listing:
This stunning three-bedroom, four-and-a half-bathroom penthouse measures 3,593 square feet with a 532-square-foot private terrace. The 45-foot great room features a gas fireplace and is adjoined to an open library space with its own private bathroom. The sprawling entertaining space boasts north and west exposures through vast blackened steel frame and double paned glass windows. 10'7" ceilings are beamed showcasing the character and distinction of the building's original use as a printing house built in 1912.
The open chef's kitchen, conveniently located off of the great room, features top-of- the- line Gaggenau appliances including a 36'' gas and vented cook-top, convection oven, speed oven, 36'' refrigerator/freezer with a walnut veneer, Sub-Zero wine cooler, additional under island refrigeration, pot filler faucet, dishwasher and spacious Poliform pantry. Seamless Quartzite countertops and blackened steel cabinets with fluted glass panels add a touch of downtown flair to the open and dramatic kitchen, complete with an adjoined private terrace accessed via two double French doors.
This stunning three-bedroom, four-and-a half-bathroom penthouse measures 3,593 square feet with a 532-square-foot private terrace. The 45-foot great room features a gas fireplace and is adjoined to an open library space with its own private bathroom. The sprawling entertaining space boasts north and west exposures through vast blackened steel frame and double paned glass windows. 10'7" ceilings are beamed showcasing the character and distinction of the building's original use as a printing house built in 1912.
The open chef's kitchen, conveniently located off of the great room, features top-of- the- line Gaggenau appliances including a 36'' gas and vented cook-top, convection oven, speed oven, 36'' refrigerator/freezer with a walnut veneer, Sub-Zero wine cooler, additional under island refrigeration, pot filler faucet, dishwasher and spacious Poliform pantry. Seamless Quartzite countertops and blackened steel cabinets with fluted glass panels add a touch of downtown flair to the open and dramatic kitchen, complete with an adjoined private terrace accessed via two double French doors.
1 Available Listing for $18M
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137 West 13th Street via Prime Manhattan Residential LLC
From the listing:
Round Square Builders in collaboration with KDA Architecture and Helena Clunies-Ross Interior Design has painstakingly rebuilt and expanded this soon-to-be completed single-family townhome set on a Greenwich Village townhouse street. Featuring six stories, approximately 7,400 square feet of interior space, an elevator and magnificent finish level, 137 West 13th Street is arguably one of the most turn-key private homes downtown today.
Round Square Builders in collaboration with KDA Architecture and Helena Clunies-Ross Interior Design has painstakingly rebuilt and expanded this soon-to-be completed single-family townhome set on a Greenwich Village townhouse street. Featuring six stories, approximately 7,400 square feet of interior space, an elevator and magnificent finish level, 137 West 13th Street is arguably one of the most turn-key private homes downtown today.
All images of 125 East 65th Street via Corcoran
From the listing:
125 East 65th Street In 1904, Charles A. Platt, created a four-story neo-Federal residence for Dr. Frederic S. Reed that features a Flemish bond brick facade with stone trim. Platt also designed 47 & 49 East 65th Street for the Roosevelts (FDR) as well as the Astor Court apartments for the Astors. Dr. Freed was a noted physiologist who helped establish Columbia University's Department of Physiology and whose researches included the role of the inner ear in maintaining equilibrium as well as the physiology of muscles. He was also the president of the New York Botanical Society between 1923 and 1927 while his wife, Laura Billings Lee, was a member of the council of the Charity Organization Society and the Board of Trustees of the Russell Sage Foundation. In 1944, the house was sold to publishing legend, Henry R. Luce, who gifted it to the China Institute through a foundation established in memory of his father, Henry Winters Luce, a former missionary and educator in China. It remained the Institute’s home until its sale in 2014. In 2017, it was the site of the Kips Bay Designers Showhouse and Holiday House in 2019.
125 East 65th Street In 1904, Charles A. Platt, created a four-story neo-Federal residence for Dr. Frederic S. Reed that features a Flemish bond brick facade with stone trim. Platt also designed 47 & 49 East 65th Street for the Roosevelts (FDR) as well as the Astor Court apartments for the Astors. Dr. Freed was a noted physiologist who helped establish Columbia University's Department of Physiology and whose researches included the role of the inner ear in maintaining equilibrium as well as the physiology of muscles. He was also the president of the New York Botanical Society between 1923 and 1927 while his wife, Laura Billings Lee, was a member of the council of the Charity Organization Society and the Board of Trustees of the Russell Sage Foundation. In 1944, the house was sold to publishing legend, Henry R. Luce, who gifted it to the China Institute through a foundation established in memory of his father, Henry Winters Luce, a former missionary and educator in China. It remained the Institute’s home until its sale in 2014. In 2017, it was the site of the Kips Bay Designers Showhouse and Holiday House in 2019.
All images of 30 Lincoln Plaza via Compass
From the listing:
Perched 28 floors up, less than a block from Central Park, this sensational Upper West Side home offers breathtaking views in every direction of Manhattan’s greatest landmarks: Central Park, Columbus Circle and Lincoln Center. All 4,952 square feet of this spectacular five+ bedroom, five and half bathroom home has been remarkably renovated.
Entering through the gracious foyer, you will find a beautiful powder room and a mudroom equipped with two washing machines, two dryers, a wine refrigerator and an extra refrigerator – all of the conveniences of a suburban garage in an ideal urban setting! As you enter through the property, you are instantly bathed in southern sunlight from wall-to-wall windows spanning 44 feet of your living room, dining room and windowed, chef’s kitchen. The sleek kitchen has been smartly designed with warm tone cabinetry, top-of-the-line Miele and Bosch appliances and abundant storage, including a large pantry. The large marble breakfast bar in the kitchen opens onto the informal dining and living room offering a blend of sophisticated, yet modern living. From the informal living space you will find a striking entertaining space providing formal living and dining areas with wide open southern and western views.
Perched 28 floors up, less than a block from Central Park, this sensational Upper West Side home offers breathtaking views in every direction of Manhattan’s greatest landmarks: Central Park, Columbus Circle and Lincoln Center. All 4,952 square feet of this spectacular five+ bedroom, five and half bathroom home has been remarkably renovated.
Entering through the gracious foyer, you will find a beautiful powder room and a mudroom equipped with two washing machines, two dryers, a wine refrigerator and an extra refrigerator – all of the conveniences of a suburban garage in an ideal urban setting! As you enter through the property, you are instantly bathed in southern sunlight from wall-to-wall windows spanning 44 feet of your living room, dining room and windowed, chef’s kitchen. The sleek kitchen has been smartly designed with warm tone cabinetry, top-of-the-line Miele and Bosch appliances and abundant storage, including a large pantry. The large marble breakfast bar in the kitchen opens onto the informal dining and living room offering a blend of sophisticated, yet modern living. From the informal living space you will find a striking entertaining space providing formal living and dining areas with wide open southern and western views.
2 Available Listings from $2.5M
Most Notable Price Gains
+78% from 2003 Closing Price of $159,000
24 Fifth Avenue, #607 – Greenwich Village
$400,000 ($889/ ft2) | Co-op | Studio, 1 Bath | 450 ft2
All images of 24 Fifth Avenue via Corcoran
From the listing:
Welcome to one of the most revered blocks in Greenwich Village. 24 Fifth Avenue, #607 is a prewar studio apartment at the corner of West Ninth Street and Fifth Avenue. The spacious apartment features high beamed ceilings, large closet, renovated kitchen and bathroom, and hardwood floors. The southern exposure over Ninth Street floods the apartment with light.
Welcome to one of the most revered blocks in Greenwich Village. 24 Fifth Avenue, #607 is a prewar studio apartment at the corner of West Ninth Street and Fifth Avenue. The spacious apartment features high beamed ceilings, large closet, renovated kitchen and bathroom, and hardwood floors. The southern exposure over Ninth Street floods the apartment with light.
5 Available Listings from $399K
+77% from July 2004 Closing Price of $750,000
The Corinthian, 330 East 38th Street, #5B – Murray Hill
$1,325,000 ($1,365/ ft2) | Condo | 1 Bed, 1.5 Baths | 971 ft2
All images of The Corinthian via Thrasher Real Estate
From the listing:
If you have dreamed of having your own private outdoor space in NYC, now is your opportunity! Rarely available, this large one-bedroom, 1.5-bath home not only offers approximately 1,000 square feet of indoor living but has an additional 400 square feet of outdoor space which can be accessed from both the living room and bedroom. Lounge in the sun and read a book or barbecue with family and friends while enjoying the view of the Empire State Building on your huge terrace which overlooks the landscaped sun deck and tree filled park just across the way. The renovated kitchen has stainless Samsung appliances and quartz countertops. Both the primary bath and guest half bath have also been renovated. This apartment has a bonus room that can be used as a nursery, a home office, or a guest room making it the perfect home.
If you have dreamed of having your own private outdoor space in NYC, now is your opportunity! Rarely available, this large one-bedroom, 1.5-bath home not only offers approximately 1,000 square feet of indoor living but has an additional 400 square feet of outdoor space which can be accessed from both the living room and bedroom. Lounge in the sun and read a book or barbecue with family and friends while enjoying the view of the Empire State Building on your huge terrace which overlooks the landscaped sun deck and tree filled park just across the way. The renovated kitchen has stainless Samsung appliances and quartz countertops. Both the primary bath and guest half bath have also been renovated. This apartment has a bonus room that can be used as a nursery, a home office, or a guest room making it the perfect home.
18 Available Listings from $800K
+68% from October 2009 Closing Price of $693,595
134 West 93rd Street, #8E – Upper West Side
$1,165,000 ($1,047/ ft2) | Condo | 2 Beds, 1 Bath | 1,113 ft2
All images of 134 West 93rd Street via Domus Realty
From the listing:
Warm, bright, quiet, and cozy 2 double bedrooms condo. One bathroom (with potential for a second one, with due approvals) located in a beautifully maintained prewar condominium. Features include two very large bedrooms, extra-large living/dining room, very large and windowed gourmet kitchen with stainless steel appliances. The apartment has been renovated to a very high standard with full substitution of into the wall plumbing and electrical lines and addition of Cat 6 Ethernet cabling throughout. Bedrooms and kitchen face south or east, living/dining room faces south with unobstructed open views. High beamed ceilings, herringbone floors and lots of prewar details. Pets are allowed.
Warm, bright, quiet, and cozy 2 double bedrooms condo. One bathroom (with potential for a second one, with due approvals) located in a beautifully maintained prewar condominium. Features include two very large bedrooms, extra-large living/dining room, very large and windowed gourmet kitchen with stainless steel appliances. The apartment has been renovated to a very high standard with full substitution of into the wall plumbing and electrical lines and addition of Cat 6 Ethernet cabling throughout. Bedrooms and kitchen face south or east, living/dining room faces south with unobstructed open views. High beamed ceilings, herringbone floors and lots of prewar details. Pets are allowed.
1 Available Listing for $2,700/month
+66% from May 2009 Closing Price of $536,250
Mark Twain Apartments, 100 West 12th Street, #5J – Greenwich Village
$890,000 ($1,113/ ft2) | Co-op | 1 Bed, 1 Bath | 800 ft2
All images of Mark Twain Apartments via Compass
From the listing:
5J is in turn-key condition with great light throughout. Large rooms and high ceilings create a spacious feel. The big corner master bedroom has excellent closets, fitted with custom built-ins, and ample room for all of one’s furniture. The wide windowed kitchen is smartly appointed with stainless steel appliances and stone countertops. A generously sized dining alcove easily seats four making this one bedroom perfect for easy living and entertaining.
5J is in turn-key condition with great light throughout. Large rooms and high ceilings create a spacious feel. The big corner master bedroom has excellent closets, fitted with custom built-ins, and ample room for all of one’s furniture. The wide windowed kitchen is smartly appointed with stainless steel appliances and stone countertops. A generously sized dining alcove easily seats four making this one bedroom perfect for easy living and entertaining.
5 Available Listings from $569K
+65% from August 2007 Closing Price of $455,034
The Langston, 68 Bradhurst Avenue, #2R – Harlem
$749,000 ($779/ ft2) | Condo | 2 Beds, 2 Baths | 961 ft2
All images of The Langston via Batra Group Inc.
From the listing:
This extraordinary corner R line unit with 961 square feet has floor-to-ceiling double-pane windows with northeast exposure. The gourmet kitchen features GE stainless appliances, Positano Australian stone counters, Sienna Applewood cabinetry. The master bedroom is spacious and overlooks the park and has a full bathroom. The second bedroom has a window and is large enough to fit a queen-size bed comfortably.
This extraordinary corner R line unit with 961 square feet has floor-to-ceiling double-pane windows with northeast exposure. The gourmet kitchen features GE stainless appliances, Positano Australian stone counters, Sienna Applewood cabinetry. The master bedroom is spacious and overlooks the park and has a full bathroom. The second bedroom has a window and is large enough to fit a queen-size bed comfortably.
3 Available Listings from $745K
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
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