Manhattan Contracts: Cape Cod-style penthouse finds a buyer; ONE11 Residences signs 15 contracts in 10 weeks

By CityRealty Staff | From Great Listings Monday, February 5, 2024

ONE11 Residences at Thompson Central Park, #PHA (Building rendering courtesy of GFI Development; PHA interiors by Colin Miller)

In December 2023, just over a year after sales launched, closings commenced at ONE11 Residences at Thompson Central Park. Located on the top nine floors of Thompson Central Park, all units enjoy beautiful views, interiors by Thomas Juul-Hansen, the option of turnkey furniture packages, and access to the hotel's concierge service, fitness center, and Upper Stories members-only lounge. This has proven an enticing combination; the building has recently signed 15 contracts in ten weeks.

Among them was Penthouse A, Manhattan's top contract from January 29 to February 4, 2024 with an asking price of $16,950,000. The four-bedroom residence on the 42nd floor features 3,042 interior square feet and a combined total of 2,642 square feet of private outdoor space that includes a wraparound terrace and a 43rd-floor roof terrace with outdoor kitchen.

It was trailed closely by Residence #11 at The Benson, which was asking $15,500,000. Olshan Realty's market report notes that this full-floor, five-bedroom home was originally part of a duplex purchased as two separate floors in March 2022. It was delivered with a staircase connecting the tenth and eleventh floors, but in June 2022, the buyers changed their minds, relisted the two floors for $33.5 million, and also offered the option of the floors separately for $17.5 million. The tenth floor sold in October 2023, and the eleventh floor entered contract last week, reportedly after a bidding war.

In the top downtown contract of the week and third-highest overall, the penthouse at The Minthorne House in the East Village entered contract with an asking price of $9,750,000 after only 16 days on the market. Notable features include a gas-burning limestone fireplace, a windowed chef's kitchen, a library with custom shelving, and a dramatic staircase connecting both levels, but the crowning glory is a Cape Cod-style rooftop cottage with high ceilings, exposures on three sides, open city views, and access to the penthouse's planted terrace. The listing notes that it can function as a standalone studio, home office, or guest suite, but neither the buyer nor their plans for the cottage have been revealed.

Also of note downtown, new development condominium 200E20th signed six contracts last week, coming to a total of $12,200,000. While none of these ranked among Manhattan's top contracts, it nevertheless goes to show that new development in the Gramercy-Union Square area is of interest to luxury buyers.

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#10. 50 West 66th Street, #12B
Last Ask: $6,775,000

Central Park West | Condominium | 3 Bedrooms, 3.5 Baths | 2,424 ft²

50 West 66th Street, #12B (Douglas Elliman Real Estate)

From the Listing: 50 West 66th Street, slated to be one of the tallest and most important residential buildings that will transform the Upper West Side and the New York City skyline. House residence 12B is a gracious 2,424-square-foot, 3-bedroom 3.5-bath home. This north-facing apartment is finished with top-of-the-line finishes including Smallbone of Devizes kitchens with Miele and Sub-Zero appliances, 8 inch oak flooring, ceiling heights up to 9-'8". Marble baths, generous closet space throughout and a vented washer and dryer in the home. See floor plan and full details here.

50 West 66th Street has 9 public availabilities from $4,600,000.

#9. Beckford Tower, #7A
Last Ask: $7,200,000

Yorkville | Condominium | 4 Bedrooms, 4.5 Baths | 2,933 ft²

Beckford Tower, #7A (Corcoran Group)

From the Listing: Featuring over 2,900 square feet throughout, Residence 7A at Beckford Tower has four bedrooms and four-and-a-half bathrooms with high ceilings measuring almost 11 feet tall and beautiful interiors designed by Studio Sofield. Welcomed by a long foyer leading to a center gallery, this residence has a gracious floor plan with generous proportions throughout. This gallery leads to an oversized living room and formal dining room with space for 12 guests, all beautifully finished with herringbone White Oak floors throughout the formal entertaining spaces. The eat-in kitchen features millwork by renowned Christopher Peacock, timeless luxury finishes, and lines throughout, all complemented with Statuary marble countertops and backsplash. See floor plan and full details here.

Beckford Tower has 3 public availabilities from $3,350,000.

#8. 241 West 4th Street, #4
Last Ask: $7,995,000

West Village | Townhouse | 6+ Bedrooms, 6+ Baths | 5,000 ft²

241 West 4th Street, #4 (Sothebys International Realty)

From the Listing: This extraordinary West Village Townhouse presents the perfect opportunity to create an exceptional single-family home or maintain its current configuration as an investment property. Located on one of the West Village’s most coveted blocks, 241 West 4th Street offers grand proportions (22 wide) spanning over 5,000 square feet (not including the basement) with additional FAR. This four-story home currently offers six free market apartments, a unique opportunity for an investor, especially in the current rental market. Built in 1828, the kitchen and bathrooms in each apartment have been renovated for modern living yet retain timeless features such as fireplaces, high ceilings and elegant architectural details. See floor plan and full details here.

#7. 470 Park Avenue, #PHA
Last Ask: $8,500,000 (-20.9%)

Midtown East | Cooperative | 5 Bedrooms, 6+ Baths | 4,850 ft²

470 Park Avenue, #PHA (Douglas Elliman Real Estate)

From the Listing: Enjoy the splendor of living in a private triplex penthouse, perched atop a classic Park Avenue prewar building in prime Midtown Manhattan! Newly and impeccably-designed with steel and walls of glass, and wrapped in gorgeous European materials, this trophy penthouse is truly rare and one of a kind. Loft-like living and dining rooms provide a perfect backdrop for the host and boast soaring walls of glass that slide open to expansive terraces for seamless indoor-outdoor entertaining. Topping the allure is a striking wood-burning living room fireplace to gather around, a fabulous custom wine cellar reminiscent of Provence for your favorite vintages, and a spacious top-of-the-line eat-in kitchen tailored to the chef that looks out to the dining terrace. See floor plan and full details here.

470 Park Avenue has 1 public availability asking $4,350,000.

#6. 733 Park Avenue, #27FL
Last Ask: $8,750,000

Park/Fifth Ave. to 79th St. | Cooperative | 3 Bedrooms, 4.5 Baths | 3,300 ft²

733 Park Avenue, #27FL (Douglas Elliman Real Estate)

From the Listing: Welcome to luxury living at its finest on the 27th floor of 733 Park Avenue. As you step off the private elevator landing and into the apartment, you are immediately struck by magnificent views of Central Park and the New York City skyline. The expansive 26-foot living room leaves a lasting impression with its double exposures and an entire wall of windows that frame awe-inspiring vistas from Central Park to the iconic Manhattan buildings of the East and West Sides. Adjacent is the west-facing library, seamlessly connected through pocket doors, creating a versatile and inviting loft-like living space. See floor plan and full details here.

733 Park Avenue has 1 public availability asking $6,500,000.

#5. River House, #9G
Last Ask: $9,000,000 (-5.3%)

Beekman/Sutton Place | Cooperative | 5 Bedrooms, 6+ Baths | 5,335 ft²

River House, #9G (Sothebys International Realty)

From the Listing: An oasis of tranquility high above the East River, the incomparable 5,335-square-foot simplex at the legendary River House provides the most discerning buyer the rare opportunity to acquire a classic prewar apartment, fully renovated to the highest standards. The extraordinary light, magical views and impeccable restoration of the original 1931 Art Deco motifs by noted architect William Lawrence Bottomley combine to create a unique and luxurious aerie. Designer and art ready, Apartment 9G marries classic detail and craftsmanship with a brand new infrastructure, state-of-the-art systems and Level 5 finishes throughout. See floor plan and full details here.

River House has 6 public availabilities from $3,500,000.

#4. 50 West 66th Street, #11F
Last Ask: $9,075,000

Central Park West | Condominium | 3 Bedrooms, 3.5 Baths | 2,851 ft²

From the Listing: Extell's newest tower will have 125 ultra-luxury homes ranging from two bedrooms to full floors. House residence 11F is a gracious 2,851-square-foot, 3-bedroom 3.5-bath home. This southwest-facing apartment can be shown by private appointment. See floor plan and full details here.

50 West 66th Street has 9 public availabilities from $4,600,000.

#3. The Minthorne House, #PH
Last Ask: $9,750,000

East Village | Condominium | 5 Bedrooms, 4.5 Baths | 3,000 ft²

The Minthorne House, #PH (Compass)

From the Listing: Through a cast iron gate and behind a forest green door is an anomaly: the Penthouse and Cottage at 72 East 1st Street. This gut-renovated duplex is infused with the sensibility of an English country house, commanding attention through its unobstructed southern and eastern exposures, its obsessive attention to detail, and most notably through its crown: the rooftop’s Cape Cod-style shingled cottage and terrace. Offering four bedrooms, an open farmhouse kitchen, a double-height living room, and the cottage – which can function as a standalone studio – the home is both contemporary and timeless .It’s a lodestar to a type of elevated, elegant, and sophisticated living rarely seen in the East Village. See floor plan and full details here.

The Minthorne House has no public availabilities.

#2. The Benson, #11
Last Ask: $15,500,000

Carnegie Hill | Condominium | 5 Bedrooms, 5 Baths | 4,193 ft²

The Benson, #11 (Brown Harris Stevens Residential Sales LLC)

From the Listing: Apartment 11 is a stunning full floor comprising 4,193 square feet with 5 bedrooms, 5 full baths, and a powder room. Upon entering the great room, you are immediately transported to a bygone era overlooking Madison Avenue with vignettes of the Metropolitan Museum of Art and Central Park treetops. A fireplace crackles while the southern and western sunlight plays shadow games through the mullioned windows on the chevron white oak floors. The library is separated on the southern end and could easily be opened up to make an even more grand living area or serve as a sixth bedroom or office. On the north end you find the formal dining room with a set of pocket doors leading to the chef's dream kitchen. See floor plan and full details here.

The Benson has no public availabilities.

#1. ONE11 Residences, #PHA
Last Ask: $16,950,000

Midtown West | Condominium | 4 Bedrooms, 4 Baths | 3,042 ft²

ONE11 Residences, #PHA (Douglas Elliman Real Estate)

From the Listing: The epitome of peak living, Penthouse A at ONE11 Residences at Thompson Central Park offers a one-of-a-kind living opportunity in the heart of Midtown Manhattan with Central Park views in almost every room and private outdoor living space as grand as its interiors. The grand open-living concept is complemented by 12-foot floor-to-ceiling windows with spectacular northern, eastern, and southern exposures displaying iconic Central Park and Manhattan skyline views. Entering through a European oak door, one steps directly into a sophisticated grand foyer featuring a beautiful cove and formal gallery. 7" wide inch European oak flooring leads you to a generous living area with breathtaking Central Park views to the north and the private wraparound terrace as a scenic backdrop. See floor plan and full details here.

ONE11 Residences at Thompson Central Park has 9 public availabilities from $1,195,000.

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#10. 50 West 66th Street, #12B
Last Ask: $6,775,000

50 West 66th Street has 9 public availabilities from $4,600,000.

#9. Beckford Tower, #7A
Last Ask: $7,200,000

Beckford Tower has 3 public availabilities from $3,350,000.

#8. 241 West 4th Street, #4
Last Ask: $7,995,000

#7. 470 Park Avenue, #PHA
Last Ask: $8,500,000 (-20.9%)

470 Park Avenue has 1 public availability asking $4,350,000.

#6. 733 Park Avenue, #27FL
Last Ask: $8,750,000

733 Park Avenue has 1 public availability asking $6,500,000.

#5. River House, #9G
Last Ask: $9,000,000 (-5.3%)

River House has 6 public availabilities from $3,500,000.

#4. 50 West 66th Street, #11F
Last Ask: $9,075,000

50 West 66th Street has 9 public availabilities from $4,600,000.

#3. The Minthorne House, #PH
Last Ask: $9,750,000

The Minthorne House has no public availabilities.

#2. The Benson, #11
Last Ask: $15,500,000

The Benson has no public availabilities.

#1. ONE11 Residences, #PHA
Last Ask: $16,950,000

ONE11 Residences at Thompson Central Park has 9 public availabilities from $1,195,000.

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