Owing to an unusual number of high-priced deals at the end of the month, June 2024 closed on a slight year-over-year upswing. The first week of July 2024 experienced a nearly 40% week-over-week decline, but much of that can be attributed to an abbreviated business week due to the Independence Day holiday on Thursday. However, some high-priced deals in notable luxury buildings took place during this time.
A few months before closings are estimated to begin at Sutton Tower, the soaring high-rise was home to the top contract in the first week of July 2024. Penthouse #76 was originally listed for $25 million when the building launched sales, but its asking price of $21,000,000 was nevertheless the week's most expensive by an extremely comfortable margin. It encompasses the entire 76th floor of the tallest building in Sutton Place, where it enjoys 360-degree vistas of both rivers and the iconic Manhattan skyline through floor-to-ceiling windows. The buyer, identified by Olshan Realty's market report only as an Upper West Side resident, can also step out onto a private loggia just off the entrance gallery to enjoy the views.
In this article:
![Sutton Tower; private loggia with river views](https://thumbs.cityrealty.com/assets/smart/1004x/webp/a/a4/a46a9116db4878e357141f84b895c583d2a97a9e/sutton-tower-private-loggia-river-views.jpg)
Sutton Tower is located at the nexus of Sutton Place and the Upper East Side. In the heart of the Upper East Side, new development condominium The 74 put on a respectable showing with the full 23rd-floor residence, which was asking $12,500,000 in the week's third most expensive contract. The contract was signed shortly after The 74 ranked among Manhattan's best-selling buildings.
In Midtown, three contracts were reported at 520 Fifth Avenue. The sales team led by Corcoran Sunshine reported last week that the building 40% sold less than two months after the first contract was signed. The buyers will enjoy impressive views through oversized arched windows, interiors by AD100 designer Vicky Charles, an array of wellness and social amenities, and memberships to private club Moss in the building's base.
![Wraparound terrace with dining table and Central Park views](https://thumbs.cityrealty.com/assets/smart/1004x/webp/e/e4/e4674d23af39ccccec4466c1ab0af4601ca58a94/wraparound-terrace-dining-table-central-park-views.jpg)
But for all the excitement of new development condos, the prewar cooperatives that brought Fifth Avenue and the Upper East Side to prominence remain coveted by luxury buyers. The week's top co-op contract and fourth-highest overall took place at the J.E.R. Carpenter-designed 14 East 90th Street, where Penthouse West was asking $11,995,000. Interiors feature wood-burning fireplaces, a chef's kitchen with greenhouse, a primary suite with steam shower and Jacuzzi tub, and a home theater system. However, the crown jewel is the private terrace spanning the entire circumference of the home and facing Central Park.
Crain's New York Business identified the seller as philanthropist Elizabeth Sackler and notes that she initially listed it for $16 million in April 2023. However, if it sells for this price, she would still make a small profit, having bought it from former Citi chairman Sanford Weill for $10.5 million in 2007.
Crain's New York Business identified the seller as philanthropist Elizabeth Sackler and notes that she initially listed it for $16 million in April 2023. However, if it sells for this price, she would still make a small profit, having bought it from former Citi chairman Sanford Weill for $10.5 million in 2007.
Almost directly to the west, over $15 million in contracts were signed at the Carpenter-designed 1120 Fifth Avenue. Residence #10B, a three-bedroom home on a high-floor, entered contract with a $7,750,000. Two stories down, the three-bedroom Residence #8C was not far behind with a $7,350,000 ask. Both apartments enjoy excellent Central Park frontage and the grand proportions typical of their prewar era. With these contracts, there are no more public availabilities in the building.
In the heart of Greenwich Village, Residence 8/9FL at 8 East 12th Street had one of Downtown's highest contracts with an asking price of $8,500,000. Restaurateur Danny Meyer bought the ninth-floor unit in 1987 and, appropriately enough, installed a state-of-the-art kitchen. In the years since he sold it in 1998, it was combined with the eighth floor below and listed as a duplex for the first time in June 2024. The contract was signed a few short weeks after it came on the market.
![Rooftop infinity pool overlooking Manhattan skyline](https://thumbs.cityrealty.com/assets/smart/1004x/webp/2/2b/2b3583651f70657244b29b69758504a78c3353f1/rooftop-infinity-pool-overlooking-manhattan-skyline.jpg)
A borough away, July 2024 began with five contracts signed at Brooklyn Point, bringing it to over 85% sold. The building is capped off with a roof terrace housing the Western Hemisphere's highest infinity pool in a residential building, located 680 feet above grade to look out on expansive views of the Manhattan skyline. The building is open for immediate occupancy, meaning the buyers may be able to close in time to enjoy the rooftop pool this summer. If not, they will have access to an indoor pool with hot tub and spa area, just a small sample of Brooklyn Point's extensive amenity offerings.
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#10. 322 Degraw Street, #TH
Last Ask: $7,495,000 (-6.3%)
Carroll Gardens | Townhouse | 5 Bedrooms, 3.5 Baths
![](https://thumbs.cityrealty.com/smart/1024x/webp/b/9e/2648555/ed62f4c5815fb7dbf7d460f86e8a23ef-fc1848e77986d40fc3b96fe1c55e9a6e.jpg)
322 Degraw Street, #TH (Douglas Elliman Real Estate)
![](https://thumbs.cityrealty.com/smart/1024x/webp/b/9e/2648555/785fae5ed27d75041eaf6d6be31ffb91-1d81bb14d6c2b1d402bd4ffa701e7f65.jpg)
![](https://thumbs.cityrealty.com/smart/1024x/webp/b/9e/2648555/424a3e338c0916316863a19cc5b1dfbd-ff137f435c9614172f3cf6fce2ac363f.jpg)
![](https://thumbs.cityrealty.com/smart/1024x/webp/b/9e/2648555/180052aebd99195cd9612593d96702a7-84c18f22e970e46000816f3d5a1a40d4.jpg)
#9 (tie). 11 South Oxford Street, #TH
Last Ask: $7,500,000
Fort Greene | Townhouse | 6+ Bedrooms, 4 Baths | 5,500 ft2
11 South Oxford Street, #TH (Compass)
![127 Hicks Street, Brooklyn brownstone](https://thumbs.cityrealty.com/assets/smart/1004x/webp/a/a8/a8de6c98a8871ab2637f29d607eb8467d12c623d/127-hicks-street-brooklyn-brownstone.jpg)
![Living room with fireplace](https://thumbs.cityrealty.com/assets/smart/1004x/webp/1/1b/1be53716b3354219ba52f8e7c0575181f62521f3/living-room-fireplace.jpg)
![Interiors with arched entry and dining room with fireplace](https://thumbs.cityrealty.com/assets/smart/1004x/webp/f/fd/fd05cf019b74e4c6dd87be849ae764abbd9c1c8e/interiors-arched-entry-dining-room-fireplace.jpg)
![Private garden](https://thumbs.cityrealty.com/assets/smart/1004x/webp/f/f0/f0e7cefa0cbb0d1b88e7a2c86cf6102c67e4853d/private-garden.jpg)
From the Listing: 127 Hicks Street is a grand and gorgeous 25’ wide brownstone, dating from the 1840s with five stories of living space and a full, dry, functional cellar. With great bones, an ideal location, and beautifully maintained, the home retains all of its best details. The current owner conducted an extensive facade and cornice restoration in 2022. Currently configured as a four unit building with owner’s 3 bedroom, 2 bath garden/parlor duplex and 3 spacious and beautifully renovated 2 bedroom, 1 bath rental units (one with large terrace). With the building’s gracious 25’ width you have the benefit of larger rooms, better flow and terrific light throughout.
See floor plan and full details here.
#8. 1120 Fifth Avenue, #10B
Last Ask: $7,750,000 (-6.1%)
Carnegie Hill | Cooperative | 3 Bedrooms, 4 Baths
![](https://thumbs.cityrealty.com/smart/1024x/webp/d/3b/2646973/63259de68566b98c63c09fd51656d164-9e7ea857b042a5ab990b89faa514ae93.jpg)
1120 Fifth Avenue, #10B (Brown Harris Stevens Residential Sales LLC)
![](https://thumbs.cityrealty.com/smart/1024x/webp/d/3b/2646973/78b41a9fe000ab61713da8cace96908e-8490a3ebe972ed2e0ac13e89a5d3cf40.jpg)
![](https://thumbs.cityrealty.com/smart/1024x/webp/d/3b/2646973/afe4999b9cb1637c6c9ae45029068034-dbbfb6ae7c1b657a8ef10531948034f8.jpg)
![](https://thumbs.cityrealty.com/smart/1024x/webp/d/3b/2646973/a72fdd19800b00515d4bae85b68dabdf-03d0af2482aadc9221335ed593c4d747.jpg)
#7. 8 East 12th Street, #8/9FL
Last Ask: $8,500,000
Greenwich Village | Condominium | 5 Bedrooms, 3.5 Baths | 4,660 ft2
8 East 12th Street, #8/9FL (The Agency Brokerage)
![](https://thumbs.cityrealty.com/smart/1024x/webp/9/72/2660137/fb700997162087fe65a25d04f7646edf-3a0804ee60e5212c645de26637e9644d.jpg)
![](https://thumbs.cityrealty.com/smart/1024x/webp/9/72/2660137/6c9f16ccf8e5ba60f316584e56e70fb3-323e358e6069c9d7ebcffbfd6c3e344b.jpg)
![](https://thumbs.cityrealty.com/smart/1024x/webp/9/72/2660137/96f9861d2e00486f539213efa85a2256-3fcd5c5447918cb3bee35ccf09411023.jpg)
#6. 227 West 17th Street, #PH
Last Ask: $9,995,000
Chelsea | Cooperative | 4 Bedrooms, 3 Baths | 4,800 ft2
227 West 17th Street, #PH (Berkshire Hathaway HomeServices New York Properties)
![](https://thumbs.cityrealty.com/smart/1024x/webp/0/45/2626640/19c43ca64175f9472de0bc78a98bd62c-a04dc3d0778e708be7bb8f8269172018.jpg)
![](https://thumbs.cityrealty.com/smart/1024x/webp/0/45/2626640/a7ab262bde8a932a116c18b3b2a361f6-1aa6af907ff372200329eb84c56e6f30.jpg)
![](https://thumbs.cityrealty.com/smart/1024x/webp/0/45/2626640/194fbbd5eef75fd1e27f536ec6e7417b-fc9cce0f98eb9e5308b09982d6b208ad.jpg)
#5. 50 West 66th Street, #11D
Last Ask: $11,625,000
Central Park West | Condominium | 5 Bedrooms, 5.5 Baths | 3,889 ft2
50 West 66th Street, #11D (Douglas Elliman Real Estate)
#4. 14 East 90th Street, #PHW
Last Ask: $11,995,000 (-11.1%)
Carnegie Hill | Cooperative | 3 Bedrooms, 3 Baths
14 East 90th Street, #PHW (Compass)
#2. 184 East 75th Street, #TH
Last Ask: $13,950,000 (-7%)
Lenox Hill | Townhouse | 5 Bedrooms, 6+ Baths | 6,000 ft2
![](https://thumbs.cityrealty.com/smart/1024x/webp/0/74/2611008/347308587ea8db9c71da1ddde8d959a1-f0bee5cc91a428fb210513363eee4cac.jpg)
184 East 75th Street, #TH (Modlin Group LLC)
![](https://thumbs.cityrealty.com/smart/1024x/webp/0/74/2611008/6c551bf87abcf54591687a8d9b9e91c6-11b2ce46f31f3b2bc51963b9801b8734.jpg)
![](https://thumbs.cityrealty.com/smart/1024x/webp/0/74/2611008/bcbba0de25e49d3ad81e7a9714439dda-bae7ee12f7566a93e4a7437b322cf56f.jpg)
![](https://thumbs.cityrealty.com/smart/1024x/webp/0/74/2611008/33ee81bc802536fca451e467b06f7ef5-4be997a9789ead1a75c60c67bb98e3b5.jpg)
![](https://thumbs.cityrealty.com/smart/1024x/webp/0/74/2611008/deb408d823ab926809c73dc5d7ba57ee-832ba7727a0773256824573152e05296.jpg)
#1. Sutton Tower, #PH76
Last Ask: $21,000,000
Beekman/Sutton Place | Condominium | 4 Bedrooms, 4.5 Baths | 4,595 ft2
![](https://thumbs.cityrealty.com/smart/1024x/webp/6/b8/2665350/e9d83e09be64d3d4d65e190f3e0980c3-9e4634d1891121dcb8242357f35fb28e.jpg)
Sutton Tower, #PH76 (Corcoran Sunshine Marketing Group)
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