While the overall Manhattan sales market has been sluggish the past year and a half, in light of elevated interest rates, 2024 got off to a healthy start in terms of contract signings with 679 deals signed in Manhattan, a nearly 30% jump year-over-year. The biggest signing was at Central Park Tower, the world's tallest residential building, where a duplex penthouse sold north of $100 million. The gigantic 12,557-square-foot residence on the 107th and 108th floors had a last sticker price of $149.5M.
Extell's latest skyscraper-ing tower also made a strong showing with four deals averaging over $11 million each. Claremont Hall officially shattered Morningside Heights' apartment price record last month with the closing of a nearly $10 million sale of its penthouse. Now ready for immediate move-ins, the Robert A.M. Stern Architects-designed building continues to gain buyers' interest and racked up ten contract signings last month, the most out of any single building in the city.
Altogether, Manhattan saw nearly $1.85 billion worth of apartments signed if they all sell at their asking price (they won't), with an average price of $3.82 million for condos and $1.51 million for co-ops over the past month. See our list below of the 10 best-selling residential buildings (excluding townhouses) by their last ask price in January 2024.
Altogether, Manhattan saw nearly $1.85 billion worth of apartments signed if they all sell at their asking price (they won't), with an average price of $3.82 million for condos and $1.51 million for co-ops over the past month. See our list below of the 10 best-selling residential buildings (excluding townhouses) by their last ask price in January 2024.
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NYC's Best-Selling Buildings of January 2024 by Last Asking Price
↓ #10. 520 Park Avenue
Upper East Side Gold Coast
3 Availabilities from $18.5M - $28.5M
January 2024 Contracts Sum: $18,000,000 (1 Deal)
Avg. Last Ask PPSF: $3,902
Avg. Last Ask Price: $18,000,000
520 Park Avenue, #18
$18,500,000
Park/Fifth Ave. to 79th St. | Condominium | 4 Bedrooms, 5.5 Baths | 4,613 ft2
520 Park Avenue, #18 (Modlin Group LLC)
↓ #9. 15 Central Park West
Upper West Side
7 Availabilities from $6.495M - $48M
January 2024 Contracts Sum: $19,145,000 (2 Deals)
Avg. Last Ask PPSF: $4,900
Avg. Last Ask Price: $9,572,500
15 Central Park West, #12L
$7,000,000
Central Park West | Condominium | 2 Bedrooms, 2 Baths | 1,925 ft2
15 Central Park West, #12L (OFFICIAL)
↓ #8. One11 Residences
Midtown West
9 Availabilities from $1.195M - $3.7M
January 2024 Contracts Sum: $24,340,000 (4 Deals)
Avg. Last Ask PPSF: $3,186
Avg. Last Ask Price: $6,085,000
ONE11 Residences, #40L
$3,350,000 (-4.3%)
Midtown West | Condominium | 2 Bedrooms, 2.5 Baths | 1,181 ft2
ONE11 Residences, #40L (Douglas Elliman Real Estate)
↓ #7. The Giorgio Armani Residences, 760 Madison Avenue
Upper East Side Gold Coast
3 Availabilities from $23.5M - $32.5M
January 2024 Contracts Sum: $25,000,000 (1 Deal)
Avg. Last Ask PPSF: $5,519
Avg. Last Ask Price: $25,000,000
The Giorgio Armani Residences, #8
$23,500,000
Park/Fifth Ave. to 79th St. | Condominium | 5 Bedrooms, 5.5 Baths | 4,530 ft2
The Giorgio Armani Residences, #8 (Douglas Elliman Real Estate)
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↓ #6. Claremont Hall
Morningside Heights
17 Availabilities from $1.195M - $4.195M
January 2024 Contracts Sum: $29,110,000 (10 Deals)
Avg. Last Ask PPSF: $2,028
Avg. Last Ask Price: $2,911,000
Claremont Hall, #18F (Corcoran Sunshine Marketing Group)
↓ #5. Lantern House
West Chelsea
8 Availabilities from $2.399M - $7.75M
January 2024 Contracts Sum: $31,815,000 (5 Deals)
Avg. Last Ask PPSF: $2,793
Avg. Last Ask Price: $6,363,000
Lantern House, #2003 (Corcoran Group)
↓ #4. 200 Amsterdam
Lincoln Center
9 Availabilities from $3,100,000
January 2024 Contracts Sum: $36,985,000 (3 Deals)
Avg. Last Ask PPSF: $4,127
Avg. Last Ask Price: $12,328,333
200 Amsterdam, #19D (Serhant LLC)
↓ #3. 50 West 66th Street
Central Park West
9 Availabilities from $4,600,000
January 2024 Contracts Sum: $45,825,000 (4 Deals)
Avg. Last Ask PPSF: $3,679
Avg. Last Ask Price: $11,456,250
50 West 66th Street, #40S
$22,250,000
Central Park West | Condominium | 4 Bedrooms, 4.5 Baths | 3,547 ft2
50 West 66th Street, #40S (Corcoran Group)
↓ #2. One High Line
West Chelsea
36 Availabilities from $2,220,000
January 2024 Contracts Sum: $64,295,000 (3 Deals)
Avg. Last Ask PPSF: $4,481
Avg. Last Ask Price: $21,431,667
One High Line, #WEST28B (Corcoran Group)
↓ #1. Central Park Tower
Billionaires' Row
12 Availabilities from $6,500,000
January 2024 Contracts Sum: $174,000,000 (2 Deals)
Avg. Last Ask PPSF: $9,594
Avg. Last Ask Price: $87,000,000
Central Park Tower, #39B (Corcoran Group)
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