199 Chrystie Street, #PH2 (Douglas Elliman)
In New York City buildings, the penthouse is commonly understood to be the apartment on the top floor of the building, featuring the most expansive floor plate, the most impressive views, the highest ceilings, the most sumptuous finishes, the greatest likelihood of private outdoor space, and, correspondingly, the highest price and greatest cachet in the building. Developers have taken notice to a point where new buildings offer more than one penthouse, sometimes entire "penthouse collections" on the uppermost floors. Sometimes these units offer more luxurious features than their neighbors below; other times, there isn't enough of a discernible difference, resulting in what Curbed calls "penthouse creep."
Rather than quickly attracting buyers eager to live out their penthouse dreams, these additional units have taken some of the prestige out of the penthouse and resulted in some having their prices reduced. For example, New York's price cuts from March 19-25, 2024 included both penthouses at 199 Chrystie Street, one of five penthouses at the top of 11 Hoyt Street, and a fourth-floor unit listed as a penthouse at The Alcove Residences. Please be advised that all figures quoted reflect cumulative price cuts as opposed to the most recent reductions.
Rather than quickly attracting buyers eager to live out their penthouse dreams, these additional units have taken some of the prestige out of the penthouse and resulted in some having their prices reduced. For example, New York's price cuts from March 19-25, 2024 included both penthouses at 199 Chrystie Street, one of five penthouses at the top of 11 Hoyt Street, and a fourth-floor unit listed as a penthouse at The Alcove Residences. Please be advised that all figures quoted reflect cumulative price cuts as opposed to the most recent reductions.
In this article:
The Alcove Residences, #PH4B (Corcoran Group)
From the Listing: When you step from the keyed elevator, you’re welcomed directly into the serene living/dining room, boasting 9+ foot ceilings, oversized windows with direct access to your private balcony overlooking rear gardens. and beautiful 7" European white oak pre-finished flooring all soaked in brilliant natural light throughout. The custom open Cucine chef’s kitchen is complete with quartz countertops and backsplashes, island breakfast bar, high-end stainless appliances by Bertazzoni. 200-square-foot private roof terrace included. See floor plan and full details here.
325 West 52nd Street, #PHG (Douglas Elliman)
From the Listing: Crafted with meticulous attention to detail, from the private roof deck to the generous bedrooms, this residence redefines urban elegance, offering a lifestyle that blends sophistication with comfort. As you enter, you’ll be greeted by the expansive south-facing living room, adorned with high ceilings, bathed in incredible natural light, creating an inviting and airy atmosphere. The exposed brick walls and beautiful hardwood floors seamlessly blend the classic with the contemporary, setting the tone for a home that exudes character. The heart of this penthouse is undoubtedly the renovated open kitchen. See floor plan and full details here.
11 Hoyt Street, #PHD (Corcoran Group)
From the Listing: A one-of-a-kind residence centered on a spacious corner living and dining room that is ideal for entertaining, relaxing, and everyday living. PHD offers soaring ceilings, stunning eastern views that incorporate the tranquil tree-lined streets of brownstone Brooklyn, Fort Greene, the Atlantic Ocean and beyond. The open chef’s kitchen features dark-stained oak floors, grey satin-lacquer custom cabinets with blackened steel accents and honed lava stone countertops and backsplash. One parking license included with purchase. See floor plan and full details here.
301 East 52nd Street, #LA (Douglas Elliman)
From the Listing: Experience true ’wow factor’ in this exceptionally designed fully appointed duplex home that had the distinction of being the main feature in the New York Times Sunday real estate section. At the end of the gallery, you enter what can only be called a ’great room’ with 14-foot ceilings atop a generous footprint that creates a volume of space that easily accommodates both living and dining. One might sense a bit of a mid-century California vibe from the steel window style creating a ’glass house’ feel with panels that open to a sunny terrace with a white brick garden wall as backdrop. See floor plan and full details here.
1600 Broadway, #PH4C (Keller Williams NYC)
From the Listing: Be the first to live in Penthouse 4C, which just underwent a nearly $2 million complete gut renovation where no expense was spared. The fully furnished apartment is completely turnkey from the custom-designed furniture, Italian glass light fixtures, gold-plated finishes, mother-of-pearl inlays, hand-crafted Cornices and so much more. Venetian plaster walls set the tone for sophistication, while brand-new motorized custom draperies made from Corragio Fabrics add a touch of luxury with the convenience of Somfy Glydea quiet motors. Entertain your friends and enjoy a glass of wine on your private terrace. See floor plan and full details here.
The Armory, #1C (Brown Harris Stevens)
From the Listing: Iconic, dramatic, architecturally significant triplex triple mint live/work loft now available- with its own private street entrance! All-day natural light graces the upper duplex through Art Deco glass blocks and an oversized window overlooking the street. The beautifully renovated kitchen features stainless steel appliances, granite counters and walnut cabinets. The lower level is a home professional’s dream with the space, layout, and finishes to offer countless opportunities. See floor plan and full details here.
The Osborne, #9AB (Sotheby's International Realty)
From the Listing: Gut renovated airy and spacious 1 bedroom in the historic Osborne apartments. Over 12’ ceilings with open views of Carnegie Hall and city skyline. Vast amount of floor to ceiling custom built- ins and walk in closet storage. Highly efficient use of space with small custom kitchenette including fridge and cooktop. Original ornate fireplace in bedroom flanked by two charming window seats overlooking sunshine views. $100/month for electricity collected with maintenance. See floor plan and full details here.
860 Fifth Avenue, #11K (Christie's International Real Estate)
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From the Listing: Massive Fifth Avenue apartment was demolished and rebuilt with over $2 million spent on renovations. The living room, sitting room, office and primary bedroom all have direct views of Central Park. The professional chef’s kitchen features granite countertops, two dishwashers, two sinks, a six-burner gas stove top, a separate wok burner, three built-in ovens (electric), two food disposers, a warming drawer, a built-in espresso maker, a microwave, a separate Sub-Zero refrigerator, separate Sub-Zero freezer, and full-size Sub-Zero wine storer. A smart glass wall separates the living room and the den/bedroom, with the glass becoming opaque with the push of a button. See floor plan and full details here.
Spice Warehouse, #PHB (Douglas Elliman)
From the Listing: Trophy penthouse with direct Hudson River views and a large landscaped magical 1,100-square-foot garden in recently converted Spice Warehouse condominium! A key-locked elevator opens onto the river facing great room with mesmerizing river views. The open chef’s kitchen features solid wood Shaker-style white cabinetry, beautifully complimented with a frosted glass subway tile backsplash, grey Caesarstone countertops and a white cast iron apron-front farmhouse sink. See floor plan and full details here.
The Police Building, #3DE (Douglas Elliman)
From the Listing: Enjoy the good life and quintessential loft style experience in this majestic duplex with 16-foot ceilings and stately windows. Enter into a welcoming foyer and into a luxurious living room designed for enjoyment. The refined kitchen is perfectly designed for every chef, and the staircase is a work of art. The remarkable quality of the renovations, the flow of the home, the subtle details, and vibrant light must be seen to be truly appreciated. See floor plan and full details here.
The Plaza, #1007/09/08 (Douglas Elliman)
From the Listing: A once-in-a-lifetime opportunity awaits those in pursuit of the ultimate in luxury living at the heart of Manhattan’s most prestigious address, just across the street from Central Park. With four bedrooms, four and a half bathrooms, and opulent interiors reminiscent of French royalty, every facet of this exceptional gem exudes sophistication, highlighting the finest materials and finishes, from exotic stone to custom millwork, period moldings, and over-sized windows that flood the interiors with natural light. Upon entry, an elegant foyer beckons you into a grand great room that soars to impressive heights, revealing exquisite details like paneled walls, crystal chandeliers, and stunning inlay floors. See floor plan and full details here.
Trump Palace, #7G (Brown Harris Stevens)
From the Listing: This open and bright, large one bedroom, one bath home with high ceilings, has an amazing set-back private terrace of almost 500 square feet! Enter a graceful foyer to a large living room with oversized windows and plenty of room for a dining area and office. French doors lead to the bedroom with a large walk-in closet and a wall of windows offering incredible light. See floor plan and full details here.
Chelsea Mews, #7B (Christie's International Real Estate)
From the Listing: Beautifully renovated loft features volumes of space with 12-foot ceilings and very tall windows creating an abundance of light throughout Additionally there are two bonus spaces....a lofted sleeping area for guests and then an another dedicated home office that has enough space for a daybed. The galley kitchen has plenty of counter surfaces with two pass-throughs along with two large closets that serve as a pantry and more storage for large pots and pans and other appliances. The living and dining room has a decorative fireplace with a spacious feel that allows for gracious entertaining. Motivated sellers! See floor plan and full details here.
199 Chrystie Street, #PH1 (Douglas Elliman)
From the Listing: Designed with intention and thoughtfully curated, Penthouse 1 features organic and complementing materials that is evidenced by the master craftsmanship found throughout. The double height great room with 18-foot ceilings is a sight to behold with incredible floor-to-ceiling windows and sliding doors that lead out to the 512-square-foot private terrace. The great room is flanked by a gas fireplace with Siberian honed marble surround and the open kitchen integrating all materials seamlessly such as the desert quartzite peninsula and backsplash, stained white oak cabinetry with tempered bronze glass and a suite of high-end appliances by Miele and Sub-Zero. See floor plan and full details here.
75 Wall Street, #19R (Platinum Properties)
From the Listing: This massive, 1,074-square-foot studio + home office is the dream Financial District loft complete with the perfect combination of space, natural sunlight, and top-of-the-line finishes. Inside, you’ll find the convenience of a washer and dryer in-unit, complemented by the elegance of Caesarstone countertops in the kitchen and Boffi lacquered kitchen cabinets. The living areas are enhanced by the charm of wide-plank cerused oak flooring. Sponsor unit, no board approval required. See floor plan and full details here.
199 Chrystie Street, #PH2 (Douglas Elliman)
From the Listing: At 4,722 square feet, Penthouse 2 is a stunning 5-bedroom plus home office, 6-bathroom duplex home with an incredible private rooftop terrace that has unobstructed views of Sara D. Roosevelt Park and sweeping 360-degree views around Manhattan. The double height great room with 18-foot ceilings is a sight to behold with incredible floor-to-ceiling windows and sliding doors that lead out to the 180-square-foot private balcony. Located on the upper duplex, the primary suite is a private enclave with sliding floor-to-ceiling glass doors leading to a Juliet balcony, generous double walk-in closets and the spa-like five-piece en-suite bathroom. See floor plan and full details here.
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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