The Belnord courtyard (Douglas Elliman); Photo: Martha Stewart by Rubenstein -Uploaded by Tabercil, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=7382176
Manhattan Sales:
- For the week ending May 3, 2024, $458,831,783 worth of transactions across 238 condo, condop, and cooperative deals were recorded
- 96 condo sales came to an aggregate price of $249,130,897
- 17 condop sales came to an aggregate price of $22,952,285
- 125 co-op sales came to an aggregate price of $157,826,601
In this article:
When one pictures New York City, the first thing that often comes to mind is the iconic skyline full of tall buildings; and indeed, a high-floor home at Central Park Tower, the world's tallest residential building, ranked among the top sales of the week. But for the most part, smaller prewar buildings dominated the highest-priced sales as April 2024 gave way to May.
The week's top sale especially drove the point home: The apartments of The Greenwich Lane represent the historic hospital's conversion to one of the Village's most in-demand condominiums, and the project also includes five townhouses, one of which had the top sale at $28,922,000.
The five-story townhouse has the layout and atmosphere of a private home, but enjoys access to The Greenwich Lane's fitness center, pool, lounge, garden, and other amenities through an entrance in the basement. The final price was down slightly from the $32 million ask when it entered contract in December 2023, but the seller, identified only through an LLC, nevertheless makes a profit, having bought it from the sponsor for $21,894,506 in March 2019.
The five-story townhouse has the layout and atmosphere of a private home, but enjoys access to The Greenwich Lane's fitness center, pool, lounge, garden, and other amenities through an entrance in the basement. The final price was down slightly from the $32 million ask when it entered contract in December 2023, but the seller, identified only through an LLC, nevertheless makes a profit, having bought it from the sponsor for $21,894,506 in March 2019.
443 Greenwich Street, #PHE (Compass)
It was trailed only slightly by Penthouse E at 443 Greenwich Street, which closed for $24,990,000. The nearly 5,000-square-foot triplex is rich in original architectural details like exposed beams and columns, but offers such modern luxuries as state-of-the-art appliances in the kitchen, a surround sound system in the media room, and smart home technology throughout. It is crowned with a 1,254-square-foot private rooftop terrace, and comes with a deeded indoor parking space with electric vehicle charging.
The building is a favorite among celebrities, but both the buyer and seller were identified only through LLCs and trusts. The seller bought it from the sponsor for $20,185,527 in February 2017 and initially listed it for $32.5 million in July 2023.
The building is a favorite among celebrities, but both the buyer and seller were identified only through LLCs and trusts. The seller bought it from the sponsor for $20,185,527 in February 2017 and initially listed it for $32.5 million in July 2023.
The trend of low-rise prewar buildings continued uptown, where a duplex unit at The Belnord closed for $12,300,000 -- a bit of a chop from the $18 million envisioned in the building's initial offering plan in 2017, but nevertheless good enough for the fourth-highest sale of the week. Crain's New York Business identified the buyers as entrpreneuer Martha Stewart and her daughter, media personality Alexis Stewart, noting that they both signed the deed and that they entered contract shortly after they found a buyer for their West Village apartment.
470 Park Avenue, #PHA (Douglas Elliman)
Rounding out the top five sales was the top co-op sale of the week: Penthouse A at 470 Park Avenue, which closed for $8,200,000 -- the result of several price cuts, but still high enough for the fifth-highest sale. Seller Louis Camilleri is the former CEO of Ferrari and former chief executive of Philip Morris International, but stepped down from both roles in late 2020 for personal reasons. Buyer Michael Boublik is a managing director at Morgan Stanley who chairs the regional mergers and acquisitions department (h/t Crain's New York Business).
470 Park Avenue, #PHA (Douglas Elliman)
From the Listing:
This exceptional triplex penthouse features 10 rooms, 5 bedrooms, 6 baths plus a powder room, and a private elevator servicing all floors is brimming in premium finishes and elegant details. Complementing the magnificent interiors are extensive planted terraces spanning over 2,000 square feet for the ultimate outdoor pleasure. 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.
This exceptional triplex penthouse features 10 rooms, 5 bedrooms, 6 baths plus a powder room, and a private elevator servicing all floors is brimming in premium finishes and elegant details. Complementing the magnificent interiors are extensive planted terraces spanning over 2,000 square feet for the ultimate outdoor pleasure. 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.
3 Available Listings for Sale from $1,475,000
The Belnord, #1112 (Douglas Elliman)
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Belnord Courtyard
From the Listing:
Abound in beauty, this Robert A. M. Stern designed six bedroom, six-and-a-half-bathroom home boasts peaceful views into the interior 22,000-square-foot courtyard, north and south exposures, 10-foot ceilings, fully restored, oversized mahogany windows, and white oak floors with chevron and plank patterns throughout.
Upon arrival, a formal entry foyer leads to the expansive and elegant great room, an exceptional setting to live, dine, and entertain. The enormous open layout kitchen has been custom designed by Molteni in collaboration with Robert A. M. Stern Architects, and features Calacatta Gold marble countertops and backsplash, with custom cabinetry. State-of-the-art appliances by Gaggenau, a 45-bottle Sub-Zero wine refrigerator, and a large, integrated kitchen banquette with storage complement the space.
Abound in beauty, this Robert A. M. Stern designed six bedroom, six-and-a-half-bathroom home boasts peaceful views into the interior 22,000-square-foot courtyard, north and south exposures, 10-foot ceilings, fully restored, oversized mahogany windows, and white oak floors with chevron and plank patterns throughout.
Upon arrival, a formal entry foyer leads to the expansive and elegant great room, an exceptional setting to live, dine, and entertain. The enormous open layout kitchen has been custom designed by Molteni in collaboration with Robert A. M. Stern Architects, and features Calacatta Gold marble countertops and backsplash, with custom cabinetry. State-of-the-art appliances by Gaggenau, a 45-bottle Sub-Zero wine refrigerator, and a large, integrated kitchen banquette with storage complement the space.
5 Available Listings for Sale from $6,100,000
Central Park Tower, #69W (Extell Marketing Group)
From the Listing:
Reside over 700’ above New York City in this residence at Central Park Tower. This gracious three-bedroom, three-and one-half bathroom home offers over 3,000 square feet of luxury living space. The formal entry foyer and gallery lead to an expansive great room featuring both north and west facing views. The gourmet kitchen features custom cabinetry by Smallbone of Devizes and premium Miele appliances. Soaring ceiling heights of 10’7" and floor-to-ceiling windows spanning the entire residence allow for an abundance of natural light throughout the home.
The intelligently designed floor plan includes three large en-suite bedrooms and a separate powder room. The corner primary bedroom suite boasts breathtaking south and west views and features an oversized walk-in closet and windowed five-fixture bathroom. Wake up each morning to the iconic landmarks of the famed New York City skyline and unwind in the evenings to beautiful sunsets over the Hudson River.
Reside over 700’ above New York City in this residence at Central Park Tower. This gracious three-bedroom, three-and one-half bathroom home offers over 3,000 square feet of luxury living space. The formal entry foyer and gallery lead to an expansive great room featuring both north and west facing views. The gourmet kitchen features custom cabinetry by Smallbone of Devizes and premium Miele appliances. Soaring ceiling heights of 10’7" and floor-to-ceiling windows spanning the entire residence allow for an abundance of natural light throughout the home.
The intelligently designed floor plan includes three large en-suite bedrooms and a separate powder room. The corner primary bedroom suite boasts breathtaking south and west views and features an oversized walk-in closet and windowed five-fixture bathroom. Wake up each morning to the iconic landmarks of the famed New York City skyline and unwind in the evenings to beautiful sunsets over the Hudson River.
443 Greenwich Street, #PHE (Compass)
From the Listing:
Welcome to Penthouse E, one of just eight penthouse-level residences atop 443 Greenwich. Recently, Penthouse E underwent a full remodel by E.B. Min, of Min Design Co. in San Francisco, earning her team a prestigious SF Design Week Award. The spacious layout boasts 4,968 square feet of living space spread over the sixth and seventh floors, with a 1,254 square feet private rooftop terrace. There are four bedrooms, four-and-a-half bathrooms, a media room, kids’ space and a deeded indoor parking space with electric vehicle charging. Large timber beams and columns contrast with smooth, minimal surfaces and a restrained and elemental color palette.
Welcome to Penthouse E, one of just eight penthouse-level residences atop 443 Greenwich. Recently, Penthouse E underwent a full remodel by E.B. Min, of Min Design Co. in San Francisco, earning her team a prestigious SF Design Week Award. The spacious layout boasts 4,968 square feet of living space spread over the sixth and seventh floors, with a 1,254 square feet private rooftop terrace. There are four bedrooms, four-and-a-half bathrooms, a media room, kids’ space and a deeded indoor parking space with electric vehicle charging. Large timber beams and columns contrast with smooth, minimal surfaces and a restrained and elemental color palette.
From the Listing:
The ultimate West Village home that offers every possible modern and traditional aspect of townhouse living is brand new to the market. Offered fully furnished by world-renowned designer Rafael de Cardenas, this is truly once in a lifetime opportunity for a turnkey home. This 6,998-square-foot newly constructed house is 22'8" wide with 6 levels and over 1,200 square feet of outdoor space in its private garden and two rooftop terraces. Features of this single-family home also include a full-size private elevator that serves all levels from the cellar to the rooftop, 5 bedrooms with en-suite bathrooms, 3 powder rooms, and 2 fireplaces. A beautifully landscaped front garden and gate provide a distinguished entrance to the home.
The ultimate West Village home that offers every possible modern and traditional aspect of townhouse living is brand new to the market. Offered fully furnished by world-renowned designer Rafael de Cardenas, this is truly once in a lifetime opportunity for a turnkey home. This 6,998-square-foot newly constructed house is 22'8" wide with 6 levels and over 1,200 square feet of outdoor space in its private garden and two rooftop terraces. Features of this single-family home also include a full-size private elevator that serves all levels from the cellar to the rooftop, 5 bedrooms with en-suite bathrooms, 3 powder rooms, and 2 fireplaces. A beautifully landscaped front garden and gate provide a distinguished entrance to the home.
4 Available Listings for Sale from $6,395,000
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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