From April 25 to May 1, 2021, there were 254 apartment sales coming to an aggregate total of $479,322,622, and a median price of $1.31 million. There were 140 condo sales at a median of $1.693 million / $1,417 / ft2. The 112 co-op sales blended to a median of $845K.
The top sale of the past week was a four-bedroom condo at 443 Greenwich Street that closed for $12.55 million, down from its last asking price of $14.25 million when it entered contract in March 2021. The buyer was identified only as Three Hound Dogs LLC, but watch this space - the building is very popular with celebrities!
In this article:
From April 26 to May 2, a total of 41 luxury contracts (defined as $4 million and up) were signed in Manhattan with a total asking price sales volume of $390,052,995. Not only does this mark the fourth week in a row of 40 or more luxury contracts, but Olshan Realty's market report notes that this is in stark contrast to the same week at this time in 2020, when New York was on lockdown in response to the coronavirus pandemic and only one luxury contract was signed.
For the second week in a row, a sponsor unit penthouse at The Four Seasons Private Residences had the top contract. Apartment PH78B is a duplex penthouse with five bedrooms, 6.5 baths, a private loggia, and an asking price of $25 million, down from the original listing price of $29.5 million. The Four Seasons Private Residences is in a Robert A.M. Stern-designed building, as was the week's second-highest contract, PH11A at 150 East 78th Street, which was asking $20 million.
It was another week when condos far outsold co-ops - 29 to 8, as per the market report - but the past week's top co-op contract commanded attention: #PH at The Police Building, a New York City Landmark. The penthouse is located in the building's iconic four-story dome and has an asking price of $11.5 million, down from the asking price of $35 million when it was originally listed in 2016.
For the second week in a row, a sponsor unit penthouse at The Four Seasons Private Residences had the top contract. Apartment PH78B is a duplex penthouse with five bedrooms, 6.5 baths, a private loggia, and an asking price of $25 million, down from the original listing price of $29.5 million. The Four Seasons Private Residences is in a Robert A.M. Stern-designed building, as was the week's second-highest contract, PH11A at 150 East 78th Street, which was asking $20 million.
It was another week when condos far outsold co-ops - 29 to 8, as per the market report - but the past week's top co-op contract commanded attention: #PH at The Police Building, a New York City Landmark. The penthouse is located in the building's iconic four-story dome and has an asking price of $11.5 million, down from the asking price of $35 million when it was originally listed in 2016.
In addition to the past week's top sales and contracts, we take a look at the five sales in the past week that netted the sellers the highest return. The leading listing in this category took place at 812 Riverside Drive, where a three-bedroom closed for $850K, up 174 percent from its last closing price of $317,382 in 2008.
Top Sales
From the listing:
3H is a 3,949-square-foot, 4-bed, 4-bath corner apartment with an additional powder room offering west and north exposures. Step directly off the key-locked elevator into a marble tiled foyer, leading to the Great Room, which boasts four oversized north windows as well as three west-facing windows. The design of this converted building offers some history with the reclaimed wooden beams throughout. The wide plank white oak flooring also opens up the massive entertaining space. The open chef's kitchen, efficient as it is beautiful, featuring custom wood cabinetry by Christopher Peacock and a large island with a 2-inch-thick slab of Calacatta marble countertops that includes an overhang for barstool seating.
3H is a 3,949-square-foot, 4-bed, 4-bath corner apartment with an additional powder room offering west and north exposures. Step directly off the key-locked elevator into a marble tiled foyer, leading to the Great Room, which boasts four oversized north windows as well as three west-facing windows. The design of this converted building offers some history with the reclaimed wooden beams throughout. The wide plank white oak flooring also opens up the massive entertaining space. The open chef's kitchen, efficient as it is beautiful, featuring custom wood cabinetry by Christopher Peacock and a large island with a 2-inch-thick slab of Calacatta marble countertops that includes an overhang for barstool seating.
5 Available Listings from $7M
From the listing:
At approximately 3,200 square feet, 44A is a gracious three-bedroom, three-and-a-half-bath home that epitomizes glamorous living at One57. Designed by Thomas Juul Hansen, the home features luxurious touches throughout. Through the foyer, the corner great room houses the open living and dining area that is further highlighted by ceilings almost 12’ high and 39 linear feet of picturesque Central Park views.
The masterfully designed eat-in kitchen by Smallbone of Devizes features custom hand-painted white cabinetry and an integrated top-of-the-line appliance package by Miele and Sub-Zero. Down the hallway adjacent to the kitchen are the secondary bedrooms each with an en-suite bath finished with the finest natural materials such as Green Onyx and Bianco Dolomiti marble.
At approximately 3,200 square feet, 44A is a gracious three-bedroom, three-and-a-half-bath home that epitomizes glamorous living at One57. Designed by Thomas Juul Hansen, the home features luxurious touches throughout. Through the foyer, the corner great room houses the open living and dining area that is further highlighted by ceilings almost 12’ high and 39 linear feet of picturesque Central Park views.
The masterfully designed eat-in kitchen by Smallbone of Devizes features custom hand-painted white cabinetry and an integrated top-of-the-line appliance package by Miele and Sub-Zero. Down the hallway adjacent to the kitchen are the secondary bedrooms each with an en-suite bath finished with the finest natural materials such as Green Onyx and Bianco Dolomiti marble.
23 Available Listings from $3M
From the listing:
For those desiring open city views, beautiful natural light, a gracious layout, and a brand new building – this 4,613-square-foot full-floor simplex residence is unequaled. With open city and Park Avenue views framed by the Queensboro Bridge – the picturesque views are quite splendid. Complementing the views, the apartment features ceiling heights of 11 feet, and a masterfully executed layout by world renowned architect Robert A.M. Stern. The light-filled entertaining space, with its south-facing living room, dining room and eat-in kitchen creates a gracious flow and voluminous rooms. The open kitchen features custom cabinetry from Christopher Peacock and an appliance package from SubZero, Miele and Wolf. The north-facing bedrooms are private and intimate. The en suite spa-like bathrooms are elegant and understated.
For those desiring open city views, beautiful natural light, a gracious layout, and a brand new building – this 4,613-square-foot full-floor simplex residence is unequaled. With open city and Park Avenue views framed by the Queensboro Bridge – the picturesque views are quite splendid. Complementing the views, the apartment features ceiling heights of 11 feet, and a masterfully executed layout by world renowned architect Robert A.M. Stern. The light-filled entertaining space, with its south-facing living room, dining room and eat-in kitchen creates a gracious flow and voluminous rooms. The open kitchen features custom cabinetry from Christopher Peacock and an appliance package from SubZero, Miele and Wolf. The north-facing bedrooms are private and intimate. The en suite spa-like bathrooms are elegant and understated.
4 Available Listings from $20.5M
From the listing:
Penthouse 15C, a 3,683 square foot 4-bedroom, 5-bath residence with an additional 1,509 square feet of outdoor space spread over two grand terraces, features impressive scale, volume, and character. Upon arrival, a discreet entry leads to an expansive great room which is flanked by terraces spanning the length of the residence to the north and south, with the southern terrace featuring two outdoor fireplaces. The great room has exceptional ceiling heights approximately 10' 9. This residence is finished in the sand palette and features wide plank blond oak flooring, in a chevron pattern, running throughout public spaces.
Penthouse 15C, a 3,683 square foot 4-bedroom, 5-bath residence with an additional 1,509 square feet of outdoor space spread over two grand terraces, features impressive scale, volume, and character. Upon arrival, a discreet entry leads to an expansive great room which is flanked by terraces spanning the length of the residence to the north and south, with the southern terrace featuring two outdoor fireplaces. The great room has exceptional ceiling heights approximately 10' 9. This residence is finished in the sand palette and features wide plank blond oak flooring, in a chevron pattern, running throughout public spaces.
17 Available Listings from $1.8M
From the listing:
Truly exquisite is this sprawling 3,600+ square-foot light-bathed residence, one of only 10 ultra-luxurious homes at the stunning 8-story 25 Bond Street condominium in NoHo. This impeccably finished 3-bedroom, 3.5-bathroom gem is a contemporary showplace that underwent an extensive renovation in 2019. Private deeded 2-space garage parking and 3 storage units take 3W over the top.
Direct elevator entry leads into a magnificent living area and open great room with a wood-burning fireplace. Fabulous sliding glass façade walls stretch across the entire space designed for grand-scale entertaining. Effortless living and dining are met by a superlative open Bulthaup chef’s kitchen appointed to perfection with sleek custom cabinetry, granite countertops, a long breakfast bar, Miele range, oven and built-in coffee machine, dual Sub-Zero refrigerators, freezers and wine coolers, and 2 Fisher & Paykel dishwashers for the consummate host.
Truly exquisite is this sprawling 3,600+ square-foot light-bathed residence, one of only 10 ultra-luxurious homes at the stunning 8-story 25 Bond Street condominium in NoHo. This impeccably finished 3-bedroom, 3.5-bathroom gem is a contemporary showplace that underwent an extensive renovation in 2019. Private deeded 2-space garage parking and 3 storage units take 3W over the top.
Top Contracts
From the listing:
Situated on the 78th and 79th floors, this half floor duplex Penthouse residence is positioned to capture sweeping river views, the downtown skyline, New York Harbor and beyond. Features include a double-height Loggia, gas burning fireplace, private elevator, Library with wet bar, Formal Dining Room and Media Room.
Situated on the 78th and 79th floors, this half floor duplex Penthouse residence is positioned to capture sweeping river views, the downtown skyline, New York Harbor and beyond. Features include a double-height Loggia, gas burning fireplace, private elevator, Library with wet bar, Formal Dining Room and Media Room.
10 Available Listings from $2.5M
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From the listing:
This duplex residence features five-bedrooms and five-and-a-half baths totaling 4,593 square feet and 594 square feet of exterior entertaining space as well as the building’s signature Juliet balconies and arched windows. All of the gracious public spaces are on the first floor including an eat-in kitchen, formal dining room, entry gallery, private stair and great room flanked by two terraces.
Upon exiting the private elevator vestibule in Duplex PH11A, a grand double height gallery and staircase welcomes you home. The great room, with a fireplace and a piano alcove, is flanked by two terraces that are 234 SF and 380 SF, respectively. A dining room with access to both the eat in kitchen and great room allows for a formal or casual entertaining experience. A powder room is discreetly tucked away just off the gallery. Chevron and straight plank wood flooring run the length of the apartment as well as tall ceilings and detailed crown molding provide the perfect canvas for applying your own style.
This duplex residence features five-bedrooms and five-and-a-half baths totaling 4,593 square feet and 594 square feet of exterior entertaining space as well as the building’s signature Juliet balconies and arched windows. All of the gracious public spaces are on the first floor including an eat-in kitchen, formal dining room, entry gallery, private stair and great room flanked by two terraces.
Upon exiting the private elevator vestibule in Duplex PH11A, a grand double height gallery and staircase welcomes you home. The great room, with a fireplace and a piano alcove, is flanked by two terraces that are 234 SF and 380 SF, respectively. A dining room with access to both the eat in kitchen and great room allows for a formal or casual entertaining experience. A powder room is discreetly tucked away just off the gallery. Chevron and straight plank wood flooring run the length of the apartment as well as tall ceilings and detailed crown molding provide the perfect canvas for applying your own style.
10 Available Listings from $5.45M
From the listing:
Occupying the coveted northwest corner of 40 Bleecker Street, Penthouse D spans 4,094 interior and 1,755 exterior square feet, offering five bedrooms and five-and-a-half bathrooms on two spectacular levels, all imbued with a timeless yet modern beauty and an authentic story of material and craftsmanship throughout. On the lower level, where expansive 10'-6" coved ceilings both absorb and reflect light, the luminous great room is wrapped walls of generous windows that invite a balance of light and privacy, culminating in a subtle curve along the northwest corner that reveals stunning Manhattan views. Sliding glass doors open directly to the private terrace, where thoughtful plantings by Edmund Hollander create multiple living and dining spaces. In the impeccably tailored custom Ryan Korban-designed kitchen, the light warmth of Listone Giordano chevron French oak floors is offset by a striking cantilevered island crafted in hand-selected honed statuary marble, a sculptural work of art that serves as a meaningful focal point for the space.
Occupying the coveted northwest corner of 40 Bleecker Street, Penthouse D spans 4,094 interior and 1,755 exterior square feet, offering five bedrooms and five-and-a-half bathrooms on two spectacular levels, all imbued with a timeless yet modern beauty and an authentic story of material and craftsmanship throughout. On the lower level, where expansive 10'-6" coved ceilings both absorb and reflect light, the luminous great room is wrapped walls of generous windows that invite a balance of light and privacy, culminating in a subtle curve along the northwest corner that reveals stunning Manhattan views. Sliding glass doors open directly to the private terrace, where thoughtful plantings by Edmund Hollander create multiple living and dining spaces. In the impeccably tailored custom Ryan Korban-designed kitchen, the light warmth of Listone Giordano chevron French oak floors is offset by a striking cantilevered island crafted in hand-selected honed statuary marble, a sculptural work of art that serves as a meaningful focal point for the space.
4 Available Listings from $3.65M
From the listing:
Spanning both the entire 10th and 11th floors of this intimate nine residence building, the home boasts iconic views and a lifestyle of unmatched luxury. Gracious and inviting, the space is flooded with natural light, affording sophistication with 4 bedrooms, 4.5 bathrooms, soaring ceilings, and custom designer upgrades throughout. Highlights are a stunning gourmet chef’s kitchen designed by Christopher Peacock, with hand-painted cabinetry, Statuario Piccolo marble, and chef-grade Gaggenau, Wolf and Sub-Zero appliances. The rest of the living and entertaining floor is met by a handsome study with built-ins, generous private library, oversized great room with stone fireplace, an elegant formal dining room for hosting dinner parties with ease, and a terrace off of the living room for a breath of fresh air.
Spanning both the entire 10th and 11th floors of this intimate nine residence building, the home boasts iconic views and a lifestyle of unmatched luxury. Gracious and inviting, the space is flooded with natural light, affording sophistication with 4 bedrooms, 4.5 bathrooms, soaring ceilings, and custom designer upgrades throughout. Highlights are a stunning gourmet chef’s kitchen designed by Christopher Peacock, with hand-painted cabinetry, Statuario Piccolo marble, and chef-grade Gaggenau, Wolf and Sub-Zero appliances. The rest of the living and entertaining floor is met by a handsome study with built-ins, generous private library, oversized great room with stone fireplace, an elegant formal dining room for hosting dinner parties with ease, and a terrace off of the living room for a breath of fresh air.
From the listing:
The Penthouse at 45 Walker Street is a magnificently renovated 4 bedroom, 4.5 bath duplex loft condominium with approximately 7,185 square feet of grand interior space, plus an additional approximate 2,019 square feet of sunny outdoor space throughout the two private terraces.
Wonderful features include soaring approximately 13' high ceilings, oversized windows which allow brilliant light from the South, North and West exposures, Empire State Building views in the primary bedroom and lower level living room, two wood-burning fireplaces, a Crestron smart home system, central air and heat, 9-camera security system, wide-plank ebony-stained American Cherry hardwood floors, and a washer-dryer. A large, approximately 104-square-foot storage unit would transfer with the sale of the apartment.
The Penthouse at 45 Walker Street is a magnificently renovated 4 bedroom, 4.5 bath duplex loft condominium with approximately 7,185 square feet of grand interior space, plus an additional approximate 2,019 square feet of sunny outdoor space throughout the two private terraces.
Wonderful features include soaring approximately 13' high ceilings, oversized windows which allow brilliant light from the South, North and West exposures, Empire State Building views in the primary bedroom and lower level living room, two wood-burning fireplaces, a Crestron smart home system, central air and heat, 9-camera security system, wide-plank ebony-stained American Cherry hardwood floors, and a washer-dryer. A large, approximately 104-square-foot storage unit would transfer with the sale of the apartment.
Top Flips
+174% from 2008 Closing Price of $317,382
812 Riverside Drive, #22 – Washington Heights
$870,000 ($767/ ft2) | Condo | 3 Beds, 1 Bath | 1,134 ft2
From the listing:
This historical 1,380 sqf, 3 bedroom apartment is as if out of a time capsule. Everywhere you look you will find preserved historical details, such as plaster wall moldings, original hard wood floors, original french doors, transom windows and even an original, built-in ice box. If you are a lover of history and original details, this is the apartment for you.
As you pass through the front door, into the foyer, you will immediately notice the beautiful moldings, stretching up the walls to your 9’ ceilings. To your right you will find a spacious living room connected to a large windowed kitchen. This area is perfect for hosting dinner parties or simply entertaining guests.
This historical 1,380 sqf, 3 bedroom apartment is as if out of a time capsule. Everywhere you look you will find preserved historical details, such as plaster wall moldings, original hard wood floors, original french doors, transom windows and even an original, built-in ice box. If you are a lover of history and original details, this is the apartment for you.
As you pass through the front door, into the foyer, you will immediately notice the beautiful moldings, stretching up the walls to your 9’ ceilings. To your right you will find a spacious living room connected to a large windowed kitchen. This area is perfect for hosting dinner parties or simply entertaining guests.
1 Available Listing for $900K
+80% from 2013 Closing Price of $756,200
505 Greenwich Street, #7F – Soho
$1,360,000 ($1,675/ ft2) | Condo | 1 Bed, 1 Bath | 812 ft2
From the listing:
Soho condo easily converts to 2-bedrooms! 9'6" ceilings, huge windows with Eastern exposure in premiere luxury building! This serene apartment has central A/C, and washer/ dryer in the unit and a video intercom messaging system. Additionally, there are beautiful hardwood floors, exceptional closet space, open kitchen with Fisher Paykel range, Bosch dishwasher, Sub-Zero fridge, wine fridge and garbage disposal. The marble bath has a deep, oversized soaking tub.
Soho condo easily converts to 2-bedrooms! 9'6" ceilings, huge windows with Eastern exposure in premiere luxury building! This serene apartment has central A/C, and washer/ dryer in the unit and a video intercom messaging system. Additionally, there are beautiful hardwood floors, exceptional closet space, open kitchen with Fisher Paykel range, Bosch dishwasher, Sub-Zero fridge, wine fridge and garbage disposal. The marble bath has a deep, oversized soaking tub.
3 Available Listings from $1.6M
+71% from 2013 Closing Price of $665,000
111 Fourth Avenue, #5B – East Village
$1,139,775 | Co-op | 1 Bed, 1 Bath
From the listing:
As you enter this gorgeous loft, it becomes clear you're witnessing something special. Original factory concrete floors, exposed brick walls and columns, and factory-style air vents remind you of the building's heritage: A Tailoring Factory. The unit has been tastefully gut renovated, down to the studs, in 2017, melding together the building's rich history with luxurious comforts of the modern era.
Light pours in through the east-facing wall-to-wall 10' tall factory windows, illuminating the entire apartment. Just past the entry foyer, the modern kitchen boasts beautiful high end stainless-steel appliances including Fisher Paykel dishwasher and refrigerator, herringbone tile backsplashes, and a mixture of carrera marble and stainless-steel countertops.
As you enter this gorgeous loft, it becomes clear you're witnessing something special. Original factory concrete floors, exposed brick walls and columns, and factory-style air vents remind you of the building's heritage: A Tailoring Factory. The unit has been tastefully gut renovated, down to the studs, in 2017, melding together the building's rich history with luxurious comforts of the modern era.
Light pours in through the east-facing wall-to-wall 10' tall factory windows, illuminating the entire apartment. Just past the entry foyer, the modern kitchen boasts beautiful high end stainless-steel appliances including Fisher Paykel dishwasher and refrigerator, herringbone tile backsplashes, and a mixture of carrera marble and stainless-steel countertops.
3 Available Listings from $950K
+65% from 2003 Closing Price of $925,000
65 East 76th Street, #8D – Upper East Side
$1,525,000 | Co-op | 2 Beds, 2 Baths
From the listing:
Enjoy gracious entertaining in the 35-foot living room with separate dining area. The 12-foot-long galley Kitchen has a window and breakfast/desk area, granite counter-tops and Sub-Zero refrigerator. The primary bedroom is 18 feet long and can accommodate a king size bedroom set easily and has 2 closets and an en suite bathroom. The second bedroom is also a large 17 feet long and is on the other side of the bedroom hallway which allows for privacy. Additional features include 6 oversize closets, beautiful new oak hardwood floors, through-wall A/C units, and 9 foot beamed ceilings. W/D are permitted.
Enjoy gracious entertaining in the 35-foot living room with separate dining area. The 12-foot-long galley Kitchen has a window and breakfast/desk area, granite counter-tops and Sub-Zero refrigerator. The primary bedroom is 18 feet long and can accommodate a king size bedroom set easily and has 2 closets and an en suite bathroom. The second bedroom is also a large 17 feet long and is on the other side of the bedroom hallway which allows for privacy. Additional features include 6 oversize closets, beautiful new oak hardwood floors, through-wall A/C units, and 9 foot beamed ceilings. W/D are permitted.
1 Available Listing for $2.8M
+64% from 2003 Closing Price of $517,000
181 East 93rd Street, #4E – Carnegie Hill
$850,000 | Co-op | 3 Beds, 1.5 Baths
From the listing:
Pre-war, elevator Building with original architectural details on a lovely tree-lined block. Convenient to transportation, the 92nd St, Y, shops, restaurants, etc. Beautiful garden where to relax, read or meditate, playroom, Bike room and Private Storage. Live-in Superintendent, Gracious entry Foyer, Dining Area, Living Room, 3 bedrooms 1.5 baths. New Kitchen and renovated bathrooms, built-ins, etc.
Pre-war, elevator Building with original architectural details on a lovely tree-lined block. Convenient to transportation, the 92nd St, Y, shops, restaurants, etc. Beautiful garden where to relax, read or meditate, playroom, Bike room and Private Storage. Live-in Superintendent, Gracious entry Foyer, Dining Area, Living Room, 3 bedrooms 1.5 baths. New Kitchen and renovated bathrooms, built-ins, etc.
1 Available Listing for $850K
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Or call us at (212) 755-5544
Would you like to tour any of these properties?