Properties associated with designated landmarks claimed eight of the top ten sales last week, including 111 West 57th Street (Steinway Tower) and 1010 Fifth Avenue.
Manhattan Sales:
- For the week ending July 26, 2024, $562,973,032 worth of transactions across 293 condo, condop, and cooperative deals were recorded
- 142 condo sales came to an aggregate price of $353,850,880
- Eight condop sales came to an aggregate price of $9,148,293
- 143 co-op sales came to an aggregate price of $199,973,859
In this article:
For the week ending July 26, 2024, New York's rich history proved to be as much of a draw to luxury buyers as expansive floor plates and excellent privacy: Seven of Manhattan's top ten sales were located in historic districts, and the highest-priced sale took place in a building that combined an individual New York City Landmark with new construction.
111 West 57th Street, #56, the week's top sale (Corcoran Group)
The same week a full-floor Tower Residence at 111 West 57th Street had Manhattan's top contract, a full-floor residence a few stories up had Manhattan's top recorded sale. Tower Residence #56 closed for $19,000,000 -- slightly below the $21.5 million asking price when it entered contract in May 2024, and nearly 25% below the $25 million it was initially listed for in January 2024.
The residence is located in the supertall, super-slender tower that rose above the landmarked Steinway Hall. The buyer of this sponsor unit, identified only through an LLC, will enjoy panoramic views of Central Park, direct elevator entry, interiors by Studio Sofield with high-end appliances and finishes, and access to an array of amenities that includes a massive indoor pool and padel court.
The residence is located in the supertall, super-slender tower that rose above the landmarked Steinway Hall. The buyer of this sponsor unit, identified only through an LLC, will enjoy panoramic views of Central Park, direct elevator entry, interiors by Studio Sofield with high-end appliances and finishes, and access to an array of amenities that includes a massive indoor pool and padel court.
A penthouse at The Schumacher recently closed, marking the tenth-highest sale on record for the NoHo neighborhood.
Tower Residence #56 was closely trailed by Penthouse #A at The Schumacher, the Morris Adjmi-helmed condo conversion of a former lithography studio in what is now Noho. The duplex penthouse with private roof terrace ultimately closed for $18,500,000, or $2.5 million below the $21 million asking price when it entered contract in June 2024. Nevertheless, it has the top Downtown sale by an extremely comfortable margin, and the unidentified seller makes a profit, having bought it for $14,800,000 in June 2019. The buyer was identified only through a trust.
Also of note last week, a total of $20,900,000 in sales was recorded across four units at The Cortland, Robert A.M. Stern Architects and Olson Kundig's contribution to the West Chelsea skyline. The two- to three-bedroom homes are all located along a western exposure that makes the most of sunset and Hudson River views, and all buyers will enjoy expansive floor plates and a robust wellness and social amenities package. The closings come at a time when the building is 70% sold, and remaining availabilities start at $3,750,000.
The Cortland (CORE Group Marketing LLC)
1025 Fifth Avenue, #PHAN (Douglas Elliman)
From the Listing:
Sweeping. magical views abound from this Fifth Avenue penthouse jewel with two wood burning fireplaces. Magnificent wrap-around terrace with breathtaking north, south, and west panoramic views. Enjoy your new home in this expansive 4-bedroom, home office, and 3-bathroom apartment atop one of Fifth Avenue’s premier coops.
You enter into a double wide living room, which is perfect for entertaining with the first fireplace, and are greeted by views of the Metropolitan Museum of Art and Central Park through floor-to-ceiling windows and from the wraparound terrace. The terrace, which wraps around the entire home, offers north, south, and west views with beautiful sunsets.
Sweeping. magical views abound from this Fifth Avenue penthouse jewel with two wood burning fireplaces. Magnificent wrap-around terrace with breathtaking north, south, and west panoramic views. Enjoy your new home in this expansive 4-bedroom, home office, and 3-bathroom apartment atop one of Fifth Avenue’s premier coops.
You enter into a double wide living room, which is perfect for entertaining with the first fireplace, and are greeted by views of the Metropolitan Museum of Art and Central Park through floor-to-ceiling windows and from the wraparound terrace. The terrace, which wraps around the entire home, offers north, south, and west views with beautiful sunsets.
4 Available Listings for Sale from $1,325,000
1010 Fifth Avenue, #6A (Compass)
From the Listing:
Located at the corner of Fifth Avenue and 82nd Street, this 10-room apartment faces both the landmarked Vanderbilt Mansion and the Metropolitan Museum of Art’s iconic limestone façade, with Central Park beyond. Recently measured to be approximately 4,000 square feet, this home is gracious in space and details. The semi-private elevator landing leads into a large square foyer featuring polished mahogany doors and access to the entertaining and living quarters. The living room faces south toward the treetops and quiet of East 82nd Street, with a marble-mantled fireplace. Original hardwood floors, beamed ceilings and period moldings enhance the elegant entertaining spaces. Adjacent to the living room are the full and formal dining room and a paneled library.
Located at the corner of Fifth Avenue and 82nd Street, this 10-room apartment faces both the landmarked Vanderbilt Mansion and the Metropolitan Museum of Art’s iconic limestone façade, with Central Park beyond. Recently measured to be approximately 4,000 square feet, this home is gracious in space and details. The semi-private elevator landing leads into a large square foyer featuring polished mahogany doors and access to the entertaining and living quarters. The living room faces south toward the treetops and quiet of East 82nd Street, with a marble-mantled fireplace. Original hardwood floors, beamed ceilings and period moldings enhance the elegant entertaining spaces. Adjacent to the living room are the full and formal dining room and a paneled library.
52 Lispenard Street (CityRealty)
52 Lispenard Street, #2 (The Agency Brokerage)
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From the Listing:
Spanning over 3,800 square feet with vaulted 12-foot ceilings and 50 feet of frontage over historic Lispenard Street, this full-floor residence has been completely renovated and outfitted with every modern upgrade a discerning buyer could hope to find. Currently configured as a 3-bedroom, 3.5-bathroom with home office, noise-attenuated media room, walk-in wine room, and playroom (or home gym or in-unit storage), the home can easily convert to a 4-bedroom, 4-bathroom if so desired.
The elevator opens into the home’s foyer, which features a functional and beautiful backlit built-in bench as well as spacious coat closet. As one enters the over 1,000-square-foot Great Room, and takes in the adjoining, masterfully finished home office, the impressive volume and proportions of the space take hold. The residence’s 50-foot-wide northern expanse features 6 oversized windows framed externally by the landmarked facade’s gorgeous cast-iron architecture.
Spanning over 3,800 square feet with vaulted 12-foot ceilings and 50 feet of frontage over historic Lispenard Street, this full-floor residence has been completely renovated and outfitted with every modern upgrade a discerning buyer could hope to find. Currently configured as a 3-bedroom, 3.5-bathroom with home office, noise-attenuated media room, walk-in wine room, and playroom (or home gym or in-unit storage), the home can easily convert to a 4-bedroom, 4-bathroom if so desired.
The elevator opens into the home’s foyer, which features a functional and beautiful backlit built-in bench as well as spacious coat closet. As one enters the over 1,000-square-foot Great Room, and takes in the adjoining, masterfully finished home office, the impressive volume and proportions of the space take hold. The residence’s 50-foot-wide northern expanse features 6 oversized windows framed externally by the landmarked facade’s gorgeous cast-iron architecture.
1 Available Listing for Sale for $7,350,000
The Tower at Gramercy Square, #17A (Douglas Elliman)
From the Listing:
Incredible 3-bedroom residence at Gramercy Square Tower. Spanning 3,187 square feet, this tower residence features 3 bedrooms, 3.5 baths, and epic 14+ foot ceilings with unobstructed south-facing views of lower Manhattan and the Fi-Di skyline including One World Trade and both the Brooklyn and Manhattan Bridges. Upon entering the home, a spacious foyer opens to a loft-like great room with continuous southern light from floor-to-ceiling windows. The open kitchen features custom Canova cabinetry with Calacatta marble island, countertops and backsplash, Lefroy Brooks fixtures, and appliances by Wolf and Sub-Zero.
Incredible 3-bedroom residence at Gramercy Square Tower. Spanning 3,187 square feet, this tower residence features 3 bedrooms, 3.5 baths, and epic 14+ foot ceilings with unobstructed south-facing views of lower Manhattan and the Fi-Di skyline including One World Trade and both the Brooklyn and Manhattan Bridges. Upon entering the home, a spacious foyer opens to a loft-like great room with continuous southern light from floor-to-ceiling windows. The open kitchen features custom Canova cabinetry with Calacatta marble island, countertops and backsplash, Lefroy Brooks fixtures, and appliances by Wolf and Sub-Zero.
10 Available Listings for Sale from $2,120,000
79 East 79th Street (CityRealty)
79 East 79th Street, #10 (Corcoran Group)
From the Listing:
Perfectly located on the 10th floor of a premier prewar co-operative, this stunning sun-drenched 12 into 10 room full-floor home has been completely renovated by renowned architect George Sweeney with the highest level of finishes used throughout. With four bedrooms and three full bathrooms, plus two thoughtfully designed powder rooms, this residence offers the utmost in convenience and comfort. The elegant entertaining rooms include a corner living room, a library, a corner dining room, and a windowed eat-in kitchen with a breakfast room. Included in the sale is a storage unit.
Perfectly located on the 10th floor of a premier prewar co-operative, this stunning sun-drenched 12 into 10 room full-floor home has been completely renovated by renowned architect George Sweeney with the highest level of finishes used throughout. With four bedrooms and three full bathrooms, plus two thoughtfully designed powder rooms, this residence offers the utmost in convenience and comfort. The elegant entertaining rooms include a corner living room, a library, a corner dining room, and a windowed eat-in kitchen with a breakfast room. Included in the sale is a storage unit.
1 Available Listing for Sale for $5,995,000
The Schumacher, #PHA (Corcoran Group)
From the Listing:
This stunning duplex penthouse offers 4,480 interior and 1,388 exterior square feet, four bedrooms (possible 5), a library with gas fireplace, and five bathrooms. One enters the gorgeous entertaining floor which includes two wraparound terraces with a gas grill, an iconic glass-enclosed living room, a dramatic 67-foot-long sun-filled gallery, marble lined office/library with gas fireplace. Open to the Great Room, a true chef's kitchen is exquisitely appointed with hand-selected artisanal surfaces that include book-matched Calacatta slab stone countertops and backsplash, and a stunning Calacatta slab stone waterfall island breakfast bar, and outfitted with top-of-the-line appliances as well as a pantry. Large storage bin transfers with sale.
This stunning duplex penthouse offers 4,480 interior and 1,388 exterior square feet, four bedrooms (possible 5), a library with gas fireplace, and five bathrooms. One enters the gorgeous entertaining floor which includes two wraparound terraces with a gas grill, an iconic glass-enclosed living room, a dramatic 67-foot-long sun-filled gallery, marble lined office/library with gas fireplace. Open to the Great Room, a true chef's kitchen is exquisitely appointed with hand-selected artisanal surfaces that include book-matched Calacatta slab stone countertops and backsplash, and a stunning Calacatta slab stone waterfall island breakfast bar, and outfitted with top-of-the-line appliances as well as a pantry. Large storage bin transfers with sale.
111 West 57th Street (David Sundberg)
111 West 57th Street, #56 (Corcoran Group)
From the Listing:
This full-floor 4,183-square-foot Tower Residence with three bedrooms and three and a half bathrooms is designed for elegant living on a grand scale. Direct elevator entry leads to the formal entry gallery finished with white macauba stone floors and a dramatic north to south viewing gallery with unobstructed Central Park views to the north and sweeping skyline views to the south, including the Empire State Building, Chrysler Building and more. The expansive great room is highlighted by intricately patterned floors in custom smoke-gray solid oak, up to 14-foot ceilings and floor-to-ceiling windows through which to enjoy the unobstructed views of Central Park. A corner south-facing kitchen features a breakfast area, custom cabinetry in a light hand-rubbed finish, stepped crystallo white quartzite countertops and backsplash, and a full suite of Gaggenau appliances.
This full-floor 4,183-square-foot Tower Residence with three bedrooms and three and a half bathrooms is designed for elegant living on a grand scale. Direct elevator entry leads to the formal entry gallery finished with white macauba stone floors and a dramatic north to south viewing gallery with unobstructed Central Park views to the north and sweeping skyline views to the south, including the Empire State Building, Chrysler Building and more. The expansive great room is highlighted by intricately patterned floors in custom smoke-gray solid oak, up to 14-foot ceilings and floor-to-ceiling windows through which to enjoy the unobstructed views of Central Park. A corner south-facing kitchen features a breakfast area, custom cabinetry in a light hand-rubbed finish, stepped crystallo white quartzite countertops and backsplash, and a full suite of Gaggenau appliances.
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?
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