In the last full week of July 2021, a total of 396 Manhattan condo, co-op, and condop sales were reported with an aggregate total of $724.7 million, blending to a median price of $1.13 million. This brings Manhattan's sales total for July 2021 to $3.2 billion, the most since the rush to buy before the mansion tax took effect in July 2019. Additionally, the average recorded closing price of all apartment transactions increased 10 percent in July 2021 to $2.02 million.
The 188 condo transactions came to a median price of $1.654 million, or $1,513 per square foot. The 199 co-op sales recorded a median closing price of $850K.
Billionaires Row standard-bearer One57 set sales records following its launch in 2011, and holds the top sale of the past week with a $31.9 million closing. This marks a discount from the original listing price of $45 million in July 2020, but The Wall Street Journal says that this speaks more to the seller's desire to close quickly than the state of the market. Buyer Robert Herjavec, entrepreneur and Shark Tank regular, is optimistic about his New York purchase, saying in a statement, "While I accept that Covid has created a nomadic, remote workforce, I also believe the energy of cities will bring people back."
The 188 condo transactions came to a median price of $1.654 million, or $1,513 per square foot. The 199 co-op sales recorded a median closing price of $850K.
Billionaires Row standard-bearer One57 set sales records following its launch in 2011, and holds the top sale of the past week with a $31.9 million closing. This marks a discount from the original listing price of $45 million in July 2020, but The Wall Street Journal says that this speaks more to the seller's desire to close quickly than the state of the market. Buyer Robert Herjavec, entrepreneur and Shark Tank regular, is optimistic about his New York purchase, saying in a statement, "While I accept that Covid has created a nomadic, remote workforce, I also believe the energy of cities will bring people back."
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From July 26 to August 1, a total of 21 luxury contracts at $4 million and up were signed in Manhattan with a total weekly asking price sales volume of $165,381,990. Not only is this 18 fewer than the previous week, but it is also the lowest number of contracts signed and dollar volume since the third week of January 2021. However, Olshan Realty's market report observes that 21 contracts is still indicative of a stable market, and that this is a time of year when many luxury buyers may be away.
The top contract of the past week was #PH10A at 90 Morton Street, which has an asking price of $18 million. The listing notes that this is the first resale offering at the printing house turned condominium, and the market report says that the unidentified seller paid $12,600,844 in June 2019. The buyer was identified only as being from New York.
The top contract of the past week was #PH10A at 90 Morton Street, which has an asking price of $18 million. The listing notes that this is the first resale offering at the printing house turned condominium, and the market report says that the unidentified seller paid $12,600,844 in June 2019. The buyer was identified only as being from New York.
Top Sales
From the listing:
This significant private full-floor residence at One57 spans a sprawling 6,240 square feet with iconic 360-degree views of Central Park, the skyline, and beyond. Welcomed by a key-locked elevator and impressive private landing, this commanding residence features a large 26-foot-wide foyer, leading to a spectacular grand salon with approximately 58 feet of linear frontage on Central Park with 11’8” ceilings and floor to ceiling windows that perfectly frame incredible, unobstructed views of Central Park and the skyline.
Contemporarily appointed by an internationally renowned interior designer, the grand salon features beautiful textured walls crafted and finished by the hands of expert artisans with impeccable Venetian plaster ceilings and elegant herringbone Brazilian wood floors that seamlessly flow throughout the entire residence. Designed by Thomas Juul-Hansen and crafted by Smallbone of Devizes, the eat-in chef’s kitchen is equipped with an appliance package by Miele and Sub-Zero .
This significant private full-floor residence at One57 spans a sprawling 6,240 square feet with iconic 360-degree views of Central Park, the skyline, and beyond. Welcomed by a key-locked elevator and impressive private landing, this commanding residence features a large 26-foot-wide foyer, leading to a spectacular grand salon with approximately 58 feet of linear frontage on Central Park with 11’8” ceilings and floor to ceiling windows that perfectly frame incredible, unobstructed views of Central Park and the skyline.
Contemporarily appointed by an internationally renowned interior designer, the grand salon features beautiful textured walls crafted and finished by the hands of expert artisans with impeccable Venetian plaster ceilings and elegant herringbone Brazilian wood floors that seamlessly flow throughout the entire residence. Designed by Thomas Juul-Hansen and crafted by Smallbone of Devizes, the eat-in chef’s kitchen is equipped with an appliance package by Miele and Sub-Zero .
From the listing:
Sponsor Sale – ready for immediate occupancy. 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. Interior finishes include solid oak wood flooring with herringbone pattern in the formal rooms, Bilotta rift-cut oak kitchen cabinetry, Gaggenau appliances, and marble bathrooms with Robert A.M. Stern custom-designed vanities. Systems feature ceiling hung four-pipe fan coil heating and air conditioning system with dedicated zones and pre-wiring for home automation.
Sponsor Sale – ready for immediate occupancy. 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. Interior finishes include solid oak wood flooring with herringbone pattern in the formal rooms, Bilotta rift-cut oak kitchen cabinetry, Gaggenau appliances, and marble bathrooms with Robert A.M. Stern custom-designed vanities. Systems feature ceiling hung four-pipe fan coil heating and air conditioning system with dedicated zones and pre-wiring for home automation.
4 Available Listings for sale from $7.6M
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From the listing:
Facing north with direct views of the George Washington Bridge and west across the Hudson River, this impressive five- bedroom, five-and-a-half bathroom Waterline Square residence features an expansive living and dining space with separate kitchen on the thirty-seventh floor. Each bedroom contains an en suite bathroom, while a powder room is conveniently located near the rear foyer. The main bedroom suite offers three generous closets, and a spa-like bathroom with radiant heated floors. The collaborative design firm of Yabu Pushelberg honors the pride and scale of the exterior with interior choices predicated on permanence. Custom Italian kitchens by Scavolini celebrate the individual and discerning tastes of each resident. Outfitted with Gaggenau appliances and punctuated by polished chrome Dornbracht fixtures, each kitchen will supply fully-vented range hoods, wine refrigerators and garbage disposals. Residents will also enjoy a fully-vented dryer. Each bathroom is cradled in a bespoke and indulgent array of stone and wood cabinetry.
Facing north with direct views of the George Washington Bridge and west across the Hudson River, this impressive five- bedroom, five-and-a-half bathroom Waterline Square residence features an expansive living and dining space with separate kitchen on the thirty-seventh floor. Each bedroom contains an en suite bathroom, while a powder room is conveniently located near the rear foyer. The main bedroom suite offers three generous closets, and a spa-like bathroom with radiant heated floors. The collaborative design firm of Yabu Pushelberg honors the pride and scale of the exterior with interior choices predicated on permanence. Custom Italian kitchens by Scavolini celebrate the individual and discerning tastes of each resident. Outfitted with Gaggenau appliances and punctuated by polished chrome Dornbracht fixtures, each kitchen will supply fully-vented range hoods, wine refrigerators and garbage disposals. Residents will also enjoy a fully-vented dryer. Each bathroom is cradled in a bespoke and indulgent array of stone and wood cabinetry.
12 Available Listings for sale from $2.3M
1 Available Listing for sale for $12.4M
Top Contracts
From the listing:
This stunning PH home is the first resale offering at 90 Morton Street, The West Village’s highly acclaimed boutique condo conversion. This never lived in, meticulous Penthouse home is custom designed thoroughly, above and beyond the base building standards, carefully designed with utmost attention to detail, by AD100 designers Leroy Street Studio. This beautiful home was designed with art lovers and collectors in mind, incorporating centrally controlled ambient and art lighting, designed by award winning lighting designer, Arnold Chan of Isometrix.
PH10A measures 3,678 square feet with a 610-square-foot landscaped private terrace, designed by AD100 landscape architect, Hollander Design. The terrace has north, east, and west exposures, with direct Hudson River, as well as Manhattan skyline views. There are convenient gas, water and electricity connections.
This stunning PH home is the first resale offering at 90 Morton Street, The West Village’s highly acclaimed boutique condo conversion. This never lived in, meticulous Penthouse home is custom designed thoroughly, above and beyond the base building standards, carefully designed with utmost attention to detail, by AD100 designers Leroy Street Studio. This beautiful home was designed with art lovers and collectors in mind, incorporating centrally controlled ambient and art lighting, designed by award winning lighting designer, Arnold Chan of Isometrix.
PH10A measures 3,678 square feet with a 610-square-foot landscaped private terrace, designed by AD100 landscape architect, Hollander Design. The terrace has north, east, and west exposures, with direct Hudson River, as well as Manhattan skyline views. There are convenient gas, water and electricity connections.
From the listing:
A building without peer, Walker Tower redefined the market and raised the bar for luxury living Downtown. Residence 10D offers an immaculate combination of indoor and outdoor living with coveted north and east exposures. Exceptional craftsmanship and striking attention to detail combine to showcase 3,199 interior square feet of grandeur. Completing the home is a 1,026-square-foot terrace which boasts unobstructed city views.
Enter through an elegant gallery with French herringbone oak flooring and 14-foot ceilings, adding opulence to each architecturally envisioned room. Sweeping 180-degree views of Midtown Manhattan and the Empire State Building are framed through grand scale, floor-to-ceiling tilt-and-turn windows throughout. A custom-designed Smallbone kitchen with marble and limestone countertops and Dornbracht fixtures is equipped with top-of-the-line appliances including a six-burner cooktop, wall oven and warming drawer by Viking, wine cooler, under-counter refrigerator/freezer drawers by Sub-Zero, speed oven and built-in coffee maker by Miele, and a Franke water filtration system.
A building without peer, Walker Tower redefined the market and raised the bar for luxury living Downtown. Residence 10D offers an immaculate combination of indoor and outdoor living with coveted north and east exposures. Exceptional craftsmanship and striking attention to detail combine to showcase 3,199 interior square feet of grandeur. Completing the home is a 1,026-square-foot terrace which boasts unobstructed city views.
Enter through an elegant gallery with French herringbone oak flooring and 14-foot ceilings, adding opulence to each architecturally envisioned room. Sweeping 180-degree views of Midtown Manhattan and the Empire State Building are framed through grand scale, floor-to-ceiling tilt-and-turn windows throughout. A custom-designed Smallbone kitchen with marble and limestone countertops and Dornbracht fixtures is equipped with top-of-the-line appliances including a six-burner cooktop, wall oven and warming drawer by Viking, wine cooler, under-counter refrigerator/freezer drawers by Sub-Zero, speed oven and built-in coffee maker by Miele, and a Franke water filtration system.
From the listing:
Located just off Park Avenue on one of the most coveted streets on the Upper East Side, 109 East 79 is a masterpiece of residential design by world-renowned Steven Harris Architects. Developed by Legion Investment Group, 109 East 79 rises 20 stories and takes its place comfortably among its Gilded Age neighbors, with views sweeping over historic townhouse gardens to the north and east and light-filled East 79th Street and Park Avenue to the south. The buildings facade of fluted limestone and masonry brick, with vast stretches of casement-style windows, offers a timeless addition to a storied streetscape.
With 31 two- to five-bedroom residences emphasizing classically proportioned layouts and voluminous spaces, interiors are anchored by grand entertaining and dining areas. Ceiling heights soar up to over 17 and select residences feature unique design elements including fireplaces, private outdoor spaces, and step-down living rooms-an elegant and uncommon design feature. Interior finishes include a carefully selected palette of fine woods and stones, suffused with Harris's signature attention to custom detail.
Located just off Park Avenue on one of the most coveted streets on the Upper East Side, 109 East 79 is a masterpiece of residential design by world-renowned Steven Harris Architects. Developed by Legion Investment Group, 109 East 79 rises 20 stories and takes its place comfortably among its Gilded Age neighbors, with views sweeping over historic townhouse gardens to the north and east and light-filled East 79th Street and Park Avenue to the south. The buildings facade of fluted limestone and masonry brick, with vast stretches of casement-style windows, offers a timeless addition to a storied streetscape.
With 31 two- to five-bedroom residences emphasizing classically proportioned layouts and voluminous spaces, interiors are anchored by grand entertaining and dining areas. Ceiling heights soar up to over 17 and select residences feature unique design elements including fireplaces, private outdoor spaces, and step-down living rooms-an elegant and uncommon design feature. Interior finishes include a carefully selected palette of fine woods and stones, suffused with Harris's signature attention to custom detail.
From the listing:
Apartments like 2901 are as rare as unicorns.This high floor unit boasts tremendous space, spectacular direct park views, and a drop-dead gorgeous terrace large enough for dining, dancing, or entertaining. Originally four separate apartments combined, this apartment currently is configured as a four bedroom, four bath home with den, separate dining room, and large living room with decorative fireplace. Both the living room and one master bedroom have doors opening on to the terrace. Bring your dreams and your architect and create a truly unique home at the incomparable Hampshire House!
Apartments like 2901 are as rare as unicorns.This high floor unit boasts tremendous space, spectacular direct park views, and a drop-dead gorgeous terrace large enough for dining, dancing, or entertaining. Originally four separate apartments combined, this apartment currently is configured as a four bedroom, four bath home with den, separate dining room, and large living room with decorative fireplace. Both the living room and one master bedroom have doors opening on to the terrace. Bring your dreams and your architect and create a truly unique home at the incomparable Hampshire House!
From the listing:
Elegant townhouse apartment situated on the top three floors of a six story, 25-foot wide limestone mansion on East 82nd Street between Fifth and Madison Avenues. Over 4,000 square feet of interior space, plus an approximately 450 square feet south facing terrace overlooking 82nd Street. This condo apartment was updated and blends with the original details of this historic and handsome 1895 neo-Classic two-family townhouse. This sun-filled townhouse apartment has four beds, four baths and two powder rooms. It features an elevator to all three floors, 11 foot ceilings, three working fireplaces, eat-in and service kitchens, a formal dining room, den and sun room. There are two large finished storage rooms in the cellar. The chef’s kitchen and terrace have open views all the way to the Empire State building and the Metropolitan Museum’s front steps. Located one half block from the Met and Central Park, this is truly a special opportunity for grand townhouse living on the Upper East Side.
Elegant townhouse apartment situated on the top three floors of a six story, 25-foot wide limestone mansion on East 82nd Street between Fifth and Madison Avenues. Over 4,000 square feet of interior space, plus an approximately 450 square feet south facing terrace overlooking 82nd Street. This condo apartment was updated and blends with the original details of this historic and handsome 1895 neo-Classic two-family townhouse. This sun-filled townhouse apartment has four beds, four baths and two powder rooms. It features an elevator to all three floors, 11 foot ceilings, three working fireplaces, eat-in and service kitchens, a formal dining room, den and sun room. There are two large finished storage rooms in the cellar. The chef’s kitchen and terrace have open views all the way to the Empire State building and the Metropolitan Museum’s front steps. Located one half block from the Met and Central Park, this is truly a special opportunity for grand townhouse living on the Upper East Side.
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?