Manhattan Sales:
- In the second full week of April 2022, a total of 305 condo, co-op, and condop sales were recorded in Manhattan
- The aggregate total of sales was $626.7 million, and came to a median sales price of $1.2 million
- 152 condo sales came to a median price of $1.9 million
- Seven condop sales came to a median price of $798K
- 146 co-op sales came to a median price of $720K
In this article:
The top sale of the past week took place at 111 West 57th Street, where a full-floor unit closed for $27,911,177. This is the second time in spring 2022 that an apartment at 111 West 57th Street has led the past week's top sales; indeed, apartments in the building have regularly ranked among the week's top sales and contracts from the time it was still under construction. It was recently reported that the condominium is complete.
111 West 57th Street's height of 1,428 feet and 84 stories make it one of the tallest buildings in New York, and the tower's ratio of 1:24 makes it the most slender residential building in the world. It comprises a new skyscraper designed by SHoP Architects connected to the original Steinway Hall piano showroom, designed in the 1920s by Warren & Wetmore, via a central lobby. The project also included the restoration of the landmarked Steinway Hall's historic rotunda and facade, done with the blessing of the Landmarks Preservation Commission.
111 West 57th Street's height of 1,428 feet and 84 stories make it one of the tallest buildings in New York, and the tower's ratio of 1:24 makes it the most slender residential building in the world. It comprises a new skyscraper designed by SHoP Architects connected to the original Steinway Hall piano showroom, designed in the 1920s by Warren & Wetmore, via a central lobby. The project also included the restoration of the landmarked Steinway Hall's historic rotunda and facade, done with the blessing of the Landmarks Preservation Commission.
111 West 57th Street comprises two sections: Landmark Residences in the original Steinway Hall, and Tower Residences in the new skyscraper. Select Landmark Residences feature private terraces with original design details like grand balusters and decorative cast stone urns; full-floor Tower Residences look out on dramatic views of Central Park and the Manhattan skyline. All units feature interiors by Studio Sofield, gracious entrance galleries, intricately patterned floors, and top-of-the-line finishes and appliances throughout.
Both buildings of 111 West 57th Street offer a gracious living experience beyond the apartments. A gracious port-cochere on West 58th Street welcomes residents home, and the attended lobby features original end wood grain from Steinway Hall. Residential amenities include an 82' lap pool with double-height vaulted ceilings, a double-height fitness center with mezzanine terrace, a residents' lounge with adjacent terrace, and dedicated concierge service. Remaining availabilities range from a two-bedroom Landmark Residence listed for $7.75 million to a triplex penthouse with a private loggia listed for $66 million.
Manhattan Contracts:
- From April 11-17, 2022, a total of 295 townhouses, condos, co-ops, and condops entered contract
- The average time on the market was 83 days
- The total sticker price sum came to $552,495,289, and the median last asking price came to $1.25 million
- The 126 condo deals came in at a median asking price of $1.7 million, and spent an average of 101 days on the market
- The 12 condop deals came to a median last asking price of $1.483 million, and spent an average of 74 days on the market
- The 156 co-op deals came to a median last asking price of $895K and spent an average of 70 days on the market
The highest contract recorded in the past week was John Legend and Chrissy Teigen's 6,100-square-foot spread at the Brewster Carriage House in Nolita, which entered contract with an asking price of $18,000,000. The power couple bought a penthouse in the building in 2018, and later purchased a second penthouse in the building with the intention of combining them into one enormous apartment, but these plans did not come to fruition. When they listed the apartments in January 2022, Legend told The Wall Street Journal that his family was mainly based in Los Angeles, but that they planned to purchase something in New York that doesn't require as much work.
The combination allows for a 6,164-square-foot apartment occupying half the fifth floor and the entire sixth floor of the carriage manufacturer-turned-luxury condominium. The Great Room features an integrated sound system and 133" projector screen - highly appropriate, given Legend's extensive work as a producer as well as a musician - and the kitchen has been upgraded with a full suite of Miele appliances, Amuneal custom cabinetry, and a central island - must-haves for a food entrepreneur and best-selling cookbook writer like Teigen. It would also feature a private rooftop terrace measuring over 3,300 square feet.
The combination allows for a 6,164-square-foot apartment occupying half the fifth floor and the entire sixth floor of the carriage manufacturer-turned-luxury condominium. The Great Room features an integrated sound system and 133" projector screen - highly appropriate, given Legend's extensive work as a producer as well as a musician - and the kitchen has been upgraded with a full suite of Miele appliances, Amuneal custom cabinetry, and a central island - must-haves for a food entrepreneur and best-selling cookbook writer like Teigen. It would also feature a private rooftop terrace measuring over 3,300 square feet.
This was not the only downtown celebrity listing to enter contract last week: A few blocks north at The Schumacher, a four-bedroom condo linked to Academy Award-nominated actor Jonah Hill entered contract with an asking price of $10,995,000. The loft has been upgraded with such state-of-the-art features as a custom projector and screen in the living room, top-of-the-line appliances in the kitchen, custom built-ins in the primary bedroom, and a Crestron smart home system. However, none of this came at the expense of the brick barrel vaulted ceilings, blackened steel accents, or other original features from when the building was originally constructed as a print atelier in the 1920s.
Manhattan's top townhouse contract of the past week took place in Chelsea, where 318 West 22nd Street entered contract with an asking price of $9,950,000. It was built at the turn of the 20th century, but came to prominence in the early 1980s, when music entrepreneur Mel Cheren offered it as the first headquarters of Gay Men's Health Crisis (GMHC) at the height of the AIDS crisis. After GMHC outgrew the space, Mr. Cheren turned it into the Colonial House Inn, a bed and breakfast with a "clothing-optional" roof deck. His obituary in The New York Times notes that he continued to live there until his death in 2007.
The Colonial House Inn remains in operation, and there is a plaque on the front of the building commemorating GMHC's history. When it went on the market in December 2021, the New York Post observed that it could serve any number of uses - a hotel with an owner's apartment, a multi-family building, or a single-family mansion. The buyer has not been identified, and neither have their plans for the building.
The Colonial House Inn remains in operation, and there is a plaque on the front of the building commemorating GMHC's history. When it went on the market in December 2021, the New York Post observed that it could serve any number of uses - a hotel with an owner's apartment, a multi-family building, or a single-family mansion. The buyer has not been identified, and neither have their plans for the building.
Top Sales
From the Listing:
Uniquely positioned with unrivaled southern views and extraordinary light, Penthouse 19 West at 135 East 79th Street is a grand and gracious 11-room duplex with a south-facing terrace in a most coveted condominium. Featuring five bedrooms, four baths, and a powder room with interior square footage of over 5,500 square feet, the apartment is an architectural tour de force. Traditional design elements are seamlessly blended with state-of-the-art systems, and throughout the views never fail to dazzle.
Entry is through a private elevator vestibule which opens into a large gallery. The formal rooms include a big and lovely living room, a handsome library, and a wonderful octagonal dining room. Beyond, there is a fantastic hand-painted Christopher Peacock kitchen featuring statuary stone slab counters with custom carved edges, an island with prep sink, a Sub-Zero refrigerator, a Wolf six-burner range, two Miele dishwashers, and a Sub-Zero wine refrigerator.
Uniquely positioned with unrivaled southern views and extraordinary light, Penthouse 19 West at 135 East 79th Street is a grand and gracious 11-room duplex with a south-facing terrace in a most coveted condominium. Featuring five bedrooms, four baths, and a powder room with interior square footage of over 5,500 square feet, the apartment is an architectural tour de force. Traditional design elements are seamlessly blended with state-of-the-art systems, and throughout the views never fail to dazzle.
Entry is through a private elevator vestibule which opens into a large gallery. The formal rooms include a big and lovely living room, a handsome library, and a wonderful octagonal dining room. Beyond, there is a fantastic hand-painted Christopher Peacock kitchen featuring statuary stone slab counters with custom carved edges, an island with prep sink, a Sub-Zero refrigerator, a Wolf six-burner range, two Miele dishwashers, and a Sub-Zero wine refrigerator.
From the Listing:
Spectacular views and unparalleled luxury unfolds in this amazing corner 3-bedroom, 3.5-bathroom residence, perched on the 47th floor of the magnificent Central Park Tower condominium! Boasting an expansive layout for comfortable living and entertaining, met by stretching walls of floor-to-ceiling windows throughout that bathe the home in natural light, this stunner is truly for the discerning. Look out to breathtaking vistas of Central Park, dramatic cityscapes and rivers as your daily pleasure, and host guests in style with a backdrop of open-concept living and dining. Airy 10’7” ceilings, sleek lighting and the finest finishes at every turn enhance the superior design.
Spectacular views and unparalleled luxury unfolds in this amazing corner 3-bedroom, 3.5-bathroom residence, perched on the 47th floor of the magnificent Central Park Tower condominium! Boasting an expansive layout for comfortable living and entertaining, met by stretching walls of floor-to-ceiling windows throughout that bathe the home in natural light, this stunner is truly for the discerning. Look out to breathtaking vistas of Central Park, dramatic cityscapes and rivers as your daily pleasure, and host guests in style with a backdrop of open-concept living and dining. Airy 10’7” ceilings, sleek lighting and the finest finishes at every turn enhance the superior design.
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From the Listing:
The condo has 5 bedrooms, 5.5 baths and is in a new condo called The Benson. The unit has 3,704 square feet. The building was designed by Peter Pennoyer in classical style that was built for luxury. Amenities include a doorman, fitness center with a spa, a half-court basketball court, a landscaped roof garden with a fire pit, a private cinema, a landscaped garden.
The condo has 5 bedrooms, 5.5 baths and is in a new condo called The Benson. The unit has 3,704 square feet. The building was designed by Peter Pennoyer in classical style that was built for luxury. Amenities include a doorman, fitness center with a spa, a half-court basketball court, a landscaped roof garden with a fire pit, a private cinema, a landscaped garden.
2 Available Listings for Sale from $17.5M
From the Listing:
This full floor condo has 3,705 square feet including 5 bedrooms and 5.5 bathrooms. A living room opens onto a 26' terrace. The living room, dining room, library and primary suite with a bay window-all face west over Madison Avenue. The 15-unit, 18-story building was designed in a traditional style by architect Peter Pennoyer. Amenities include a concierge, roof terrace, fitness center, half-court basketball, a children's playroom, a library with a garden, and a pet spa.
This full floor condo has 3,705 square feet including 5 bedrooms and 5.5 bathrooms. A living room opens onto a 26' terrace. The living room, dining room, library and primary suite with a bay window-all face west over Madison Avenue. The 15-unit, 18-story building was designed in a traditional style by architect Peter Pennoyer. Amenities include a concierge, roof terrace, fitness center, half-court basketball, a children's playroom, a library with a garden, and a pet spa.
2 Available Listings for Sale from $17.5M
Top Contracts
From the Listing:
Penthouse combination opportunity available at the Brewster Carriage House. The combination would allow for the ultimate level of privacy occupying half of the 5th floor and the entire 6th floor with triple exposures to the south, east and north. Entering directly off the elevator leads to the stunning corner great room with soaring 12-foot ceilings filled with natural light. In its current configuration, the great room comes complete with a gas fireplace, integrated sound system with a 133" projector screen, custom wine cellar underneath the stairs and eight oversized windows - three of which open to Juliet balconies. The combination could allow for further expansion of the great room to almost 1,200 square feet of entertaining space.
Penthouse combination opportunity available at the Brewster Carriage House. The combination would allow for the ultimate level of privacy occupying half of the 5th floor and the entire 6th floor with triple exposures to the south, east and north. Entering directly off the elevator leads to the stunning corner great room with soaring 12-foot ceilings filled with natural light. In its current configuration, the great room comes complete with a gas fireplace, integrated sound system with a 133" projector screen, custom wine cellar underneath the stairs and eight oversized windows - three of which open to Juliet balconies. The combination could allow for further expansion of the great room to almost 1,200 square feet of entertaining space.
1 Available Listing for Sale for $3.5M
From the Listing:
Graciously proportioned and strikingly designed by Steven Harris Architects, Residence 8 West is a 4,129-square-foot half-floor residence with north, south, and east exposures, and the architect’s signature attention to detail infused throughout. Featuring a step-down living room with 12’6" ceilings and Juliet balcony, this home offers five bedrooms, a formal dining room, five ensuite bathrooms, a powder room, and a laundry room. Elegant architectural details and materials throughout include expansive casement-style windows in a white bronze finish, 4" wide plank rift and quarter sawn American white oak flooring set in a chevron pattern in all living areas, recessed panel stile and rail doors with burnished nickel Nanz hardware, and custom plaster cornices in all primary rooms, hallways, vestibules, primary bathrooms, and powder rooms.
Graciously proportioned and strikingly designed by Steven Harris Architects, Residence 8 West is a 4,129-square-foot half-floor residence with north, south, and east exposures, and the architect’s signature attention to detail infused throughout. Featuring a step-down living room with 12’6" ceilings and Juliet balcony, this home offers five bedrooms, a formal dining room, five ensuite bathrooms, a powder room, and a laundry room. Elegant architectural details and materials throughout include expansive casement-style windows in a white bronze finish, 4" wide plank rift and quarter sawn American white oak flooring set in a chevron pattern in all living areas, recessed panel stile and rail doors with burnished nickel Nanz hardware, and custom plaster cornices in all primary rooms, hallways, vestibules, primary bathrooms, and powder rooms.
2 Available Listings for Sale from $5.5M
From the Listing:
Impeccably renovated by award winning Gabellini Sheppard Associates, the 9th floor at 21 East 79th Street is an elegant, carefully crafted backdrop for both modern and traditional furniture and art. Open and airy, the full floor apartment offers dazzling views of Central Park and the iconic New York City skyline, including the Empire State Building to the south and pretty, northern views over classic townhouses. The floor plan has been brilliantly conceived and allows the residence to feel loft-like while pocket doors create divided rooms and more formal spaces when desired.
Impeccably renovated by award winning Gabellini Sheppard Associates, the 9th floor at 21 East 79th Street is an elegant, carefully crafted backdrop for both modern and traditional furniture and art. Open and airy, the full floor apartment offers dazzling views of Central Park and the iconic New York City skyline, including the Empire State Building to the south and pretty, northern views over classic townhouses. The floor plan has been brilliantly conceived and allows the residence to feel loft-like while pocket doors create divided rooms and more formal spaces when desired.
From the Listing:
A superlative home in an exceptional building, Residence 5A at The Schumacher is grand in scale and dramatic in sensibility, an achievement in space and design in Noho’s most coveted condominium. Built as a four -bedroom loft, this stunning apartment was converted to a three-bedroom of outstanding proportions. Sought after prewar details include soaring 12’ exposed brick barrel vaulted ceilings (the highest ceilings in the building), oversized arched wood frame windows, fumed 7.5" wide plank white oak floors and cold rolled blackened steel accents. Impeccably conceived and meticulously finished, this apartment has been custom limewashed to perfection by Axel Vervoodt’s preferred artisan and includes today’s most advanced smart home technology.
A superlative home in an exceptional building, Residence 5A at The Schumacher is grand in scale and dramatic in sensibility, an achievement in space and design in Noho’s most coveted condominium. Built as a four -bedroom loft, this stunning apartment was converted to a three-bedroom of outstanding proportions. Sought after prewar details include soaring 12’ exposed brick barrel vaulted ceilings (the highest ceilings in the building), oversized arched wood frame windows, fumed 7.5" wide plank white oak floors and cold rolled blackened steel accents. Impeccably conceived and meticulously finished, this apartment has been custom limewashed to perfection by Axel Vervoodt’s preferred artisan and includes today’s most advanced smart home technology.
1 Available Listing for Sale for $6.3M
From the Listing:
Situated mid-block on a beautiful tree-lined street in the heart of historic Chelsea sits 318 West 22nd Street, a stately 25’-wide, five-story red brick and brownstone clad property of approximately 7,300 square feet. Since 1985, this property has operated as the well-known Colonial House Inn, a unique part of Chelsea’s gay history with a commemorative plaque on the building’s facade. Today it continues to operate as a highly-rated inn configured with twenty-two (22) single rooms including two (2) spacious private suites, one with access to the large, two-tiered landscaped garden; eleven (11) private and three and a half (3.5) public bathrooms.
Situated mid-block on a beautiful tree-lined street in the heart of historic Chelsea sits 318 West 22nd Street, a stately 25’-wide, five-story red brick and brownstone clad property of approximately 7,300 square feet. Since 1985, this property has operated as the well-known Colonial House Inn, a unique part of Chelsea’s gay history with a commemorative plaque on the building’s facade. Today it continues to operate as a highly-rated inn configured with twenty-two (22) single rooms including two (2) spacious private suites, one with access to the large, two-tiered landscaped garden; eleven (11) private and three and a half (3.5) public bathrooms.
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?