737 Park Avenue, #20A (Compass)
Manhattan Contracts:
- From July 18-24, 2022, a total of 187 townhouses, condos, co-ops, and condops entered contract
- The average time on the market was 88 days
- The total sticker price sum came to $367,729,280, and the median last asking price came to $1,185,000
- There were 94 condo deals that came to an aggregate total of $238 million. They came to a median asking price of $1,737,500 and spent an average of 94 days on the market
- The five condop deals came to a total of $4 million and a median last asking price of $615K. They spent an average of 55 days on the market
- The 85 co-op deals aggregated to $104 million and came to a median last asking price of $799K. They spent an average of 54 days on the market
- The three townhouse deals came to a total of $22 million and a median last asking price of $4,995,000. They spent an average of 65 days on the market
In this article:
During the same week that two Upper East Side apartments tied for the top sale, an apartment at 737 Park Avenue, a prewar condo conversion, had the top contract. Apartment #20A has been on and off the market since 2014, when it was listed for $19,695,000 (h/t Olshan Realty market report), and entered contract with an asking price of $13,750,000, or 30.2% below the initial ask. The building is located in the heart of the Upper East Side Historic District, but the apartment features such modern luxuries as Miele appliances in the kitchen and a primary suite with walk-in closets and a seven-fixture bath.
The Park Avenue condo was trailed closely by a high-floor home at the Jean Nouvel-designed 53W53, which entered contract with a $13,245,000 asking price. The contract comes about a month after Alex Blavatnik's $25,000,000 purchase, and at a time when apartments facing Central Park rank among the city's highest-priced sales.
Top Contracts
737 Park Avenue, #20A (Compass)
From the Listing:
Located on one of the most prestigious corners of the Upper East Side at 71st Street and Park Avenue, just two blocks from Central Park and surrounded by some of the most beautiful buildings and wonderful shops and restaurants in New York City, this four-bedroom (plus a library), four and a half-bathroom 4,337-square-foot condominium with charming terraces offers the grace of a pre-war Park Avenue building with the amenities, flexibility and modern design and construction of a new condominium. With its own private elevator vestibule, Apartment 20A provides incredible privacy and elegance. Wrap around open city views, wonderfully scaled rooms and beautiful finishes make this apartment exceptional.
Located on one of the most prestigious corners of the Upper East Side at 71st Street and Park Avenue, just two blocks from Central Park and surrounded by some of the most beautiful buildings and wonderful shops and restaurants in New York City, this four-bedroom (plus a library), four and a half-bathroom 4,337-square-foot condominium with charming terraces offers the grace of a pre-war Park Avenue building with the amenities, flexibility and modern design and construction of a new condominium. With its own private elevator vestibule, Apartment 20A provides incredible privacy and elegance. Wrap around open city views, wonderfully scaled rooms and beautiful finishes make this apartment exceptional.
53W53 (Giles Ashford)
53W53, #54B (Douglas Elliman)
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From the Listing:
Balancing grand scale living with the intimate feeling of home, Residence 54B at 53 West 53 comprises 3,339 square feet, offering three bedrooms, three-and-a-half bathrooms, and north-, south-, east-, and west-facing exposures. Gracious proportions and ceilings ranging up to approximately 11 feet set the awe-inspiring stage for world-renowned designer Thierry Despont’s masterfully conceived interiors. Bespoke detailing typically reserved for privately commissioned homes abounds, while a rich yet soft palette of museum-quality finishes imbues each space with both modern glamour and timeless elegance.
Balancing grand scale living with the intimate feeling of home, Residence 54B at 53 West 53 comprises 3,339 square feet, offering three bedrooms, three-and-a-half bathrooms, and north-, south-, east-, and west-facing exposures. Gracious proportions and ceilings ranging up to approximately 11 feet set the awe-inspiring stage for world-renowned designer Thierry Despont’s masterfully conceived interiors. Bespoke detailing typically reserved for privately commissioned homes abounds, while a rich yet soft palette of museum-quality finishes imbues each space with both modern glamour and timeless elegance.
19 Available Listings for Sale from $2,899,000
9 West 84th Street, #TH (Coldwell Banker Warburg)
From the Listing:
It is rare to find a meticulously renovated 5 bedroom townhouse so perfectly designed for ease of living, entertaining, and convenience. Located just off Central Park West and Central Park, 9 West 84th Street combines the advantages of owning a private home with the conveniences and elegance of the most luxurious coop. Taking full advantage of its almost 20’ width lot and the carefully designed layout, the rooms are spacious and grandly proportioned. All floors including the ground floor receive abundant natural light, thanks to large walls of glass and a skylight over the staircase.
It is rare to find a meticulously renovated 5 bedroom townhouse so perfectly designed for ease of living, entertaining, and convenience. Located just off Central Park West and Central Park, 9 West 84th Street combines the advantages of owning a private home with the conveniences and elegance of the most luxurious coop. Taking full advantage of its almost 20’ width lot and the carefully designed layout, the rooms are spacious and grandly proportioned. All floors including the ground floor receive abundant natural light, thanks to large walls of glass and a skylight over the staircase.
88 & 90 Lex, #PENTHOUSEA (Douglas Elliman)
From the Listing:
Penthouse-A at 88&90 Lex is a gorgeous four-bedroom, four and a half-bath corner residence that redefines urban indoor/outdoor living. Thoughtfully designed by architect Workshop/APD, this residence offers a sprawling layout centered around an jaw dropping 38’ 18’ private courtyard with built-in grill and kitchenette - a singular offering that is ideal for entertaining and everyday living. The courtyard is flanked by a large corner living/dining room and open kitchen with 11’4" ceilings and stunning Empire State Building and Chrysler Building views.
Penthouse-A at 88&90 Lex is a gorgeous four-bedroom, four and a half-bath corner residence that redefines urban indoor/outdoor living. Thoughtfully designed by architect Workshop/APD, this residence offers a sprawling layout centered around an jaw dropping 38’ 18’ private courtyard with built-in grill and kitchenette - a singular offering that is ideal for entertaining and everyday living. The courtyard is flanked by a large corner living/dining room and open kitchen with 11’4" ceilings and stunning Empire State Building and Chrysler Building views.
10 Available Listings for Sale from $950,000
Lantern House, #PH1016 (Corcoran)
From the Listing:
Penthouse 1016, this 2,353 square foot residence at Lantern House features beautiful light and both High Line and city views, both from its huge bay windows and amazing 876-foot roof terrace, ready for summer lounging and al fresco dining. The gracious entry gallery leads to a grand, sprawling great room with three expansive bay windows with handsome fireplace with marble surround. The kitchen, designed by March & White, incorporates Gaggenau appliances and an impressive array of additional features including a seventy-bottle full-height wine cooler, double wall ovens, a custom suspended light fixture of bronze-finished metal and specialty glass, convex fluted oak cabinetry, and Calacatta Venato marble slab countertops and backsplash.
Penthouse 1016, this 2,353 square foot residence at Lantern House features beautiful light and both High Line and city views, both from its huge bay windows and amazing 876-foot roof terrace, ready for summer lounging and al fresco dining. The gracious entry gallery leads to a grand, sprawling great room with three expansive bay windows with handsome fireplace with marble surround. The kitchen, designed by March & White, incorporates Gaggenau appliances and an impressive array of additional features including a seventy-bottle full-height wine cooler, double wall ovens, a custom suspended light fixture of bronze-finished metal and specialty glass, convex fluted oak cabinetry, and Calacatta Venato marble slab countertops and backsplash.
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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