By this point in the calendar year, some buyers might be pulling back on their search amidst the start of school and the forthcoming holidays. However, sellers still need to move their properties, and some may be willing to adjust the prices to make that happen.
It is against this backdrop that approximately 275 condos, co-ops, condops, and townhouses throughout New York experienced price reductions from October 1-7, 2024. Among them was Penthouse #1015 at Lantern House, a condo overlooking the High Line and notable for its take on bay windows. The building is inching closer to sellout, but new, eye-catching developments like One High Line have risen to steal its thunder. It was initially listed for $9.75 million, but the latest price reduction brings it down to $7,395,000.
It is against this backdrop that approximately 275 condos, co-ops, condops, and townhouses throughout New York experienced price reductions from October 1-7, 2024. Among them was Penthouse #1015 at Lantern House, a condo overlooking the High Line and notable for its take on bay windows. The building is inching closer to sellout, but new, eye-catching developments like One High Line have risen to steal its thunder. It was initially listed for $9.75 million, but the latest price reduction brings it down to $7,395,000.
In this article:
A selection of notable listings, as well as a full chart of last week's discounts, may be seen below. Please be advised that all quoted figures reflect cumulative price cuts as opposed to the most recent reductions.
-31.5% | -$250,000
685 West End Avenue, #10E
$545,000
Riverside Dr./West End Ave. | Cooperative | 1 Bedroom, 1 Bath
685 West End Avenue, #10E (Corcoran Group)
-19.6% | -$145,000
The Lumiere, #2I
$595,000
Midtown West | Condominium | Studio, 1 Bath | 502 ft2
The Lumiere, #2I (City Connections Realty Inc)
-12% | -$111,000
175 East 74th Street, #2E
$814,000
Lenox Hill | Cooperative | 1 Bedroom, 1 Bath | 925 ft2
175 East 74th Street, #2E (R New York)
Huxley, #202 (Serhant LLC)
-16.2% | -$190,000
260 West 10th Street, #3E
$985,000
West Village | Cooperative | 1 Bedroom, 1 Bath
260 West 10th Street, #3E (The Agency Brokerage)
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-49.9% | -$1,245,000
888 Park Avenue, #MAISONETTE
$1,250,000
Park/Fifth Ave. to 79th St. | Cooperative | 3 Bedrooms, 1.5 Baths | 2,000 ft2
888 Park Avenue, #MAISONETTE (Brown Harris Stevens Residential Sales LLC)
-8.6% | -$129,000
250 Mercer Street, #B1001
$1,370,000
Greenwich Village | Cooperative | 2 Bedrooms, 1 Bath
250 Mercer Street, #B1001 (Serhant LLC)
-22.8% | -$500,000
Bristol Plaza, #16A
$1,690,000
Lenox Hill | Condominium | 1 Bedroom, 1.5 Baths | 855 ft2
Bristol Plaza, #16A (Sothebys International Realty)
-10.5% | -$220,000
98 Front Street, #PH3G
$1,880,000
DUMBO | Condominium | 2 Bedrooms, 2 Baths | 1,050 ft2
98 Front Street, #PH3G (Compass)
-11.1% | -$250,000
NX, #4B
$2,000,000
Williamsburg | Condominium | 2 Bedrooms, 2 Baths | 1,065 ft2
NX, #4B (Nest Seekers LLC)
-18% | -$500,000
Museum Tower, #15B
$2,250,000
Midtown West | Condominium | 2 Bedrooms, 3 Baths | 1,917 ft2
Museum Tower, #15B (Sothebys International Realty)
-15.4% | -$455,000
The Oliver Cromwell, #2FGH
$2,495,000
Central Park West | Cooperative | 3 Bedrooms, 3 Baths | 1,700 ft2
The Oliver Cromwell, #2FGH (Corcoran Group)
92 Horatio Street, #1J (Compass)
-14.3% | -$500,000
The Revere, #19F
$3,000,000
Beekman/Sutton Place | Condominium | 5 Bedrooms, 4 Baths | 2,750 ft2
The Revere, #19F (Compass)
-8.1% | $285,000
505 W 43, #PHH
$3,250,000
Midtown West | Condominium | 3 Bedrooms, 3.5 Baths | 1,960 ft2
505 W 43, #PHH (Douglas Elliman Real Estate)
-20% | $1,000,000
Olympic Tower, #42H
$4,000,000
Midtown East | Condominium | 2 Bedrooms, 2.5 Baths | 1,780 ft2
Olympic Tower, #42H (Douglas Elliman Real Estate)
-13.6% | -$750,000
The Courtlandt, #PH14E
$4,750,000
Carnegie Hill | Cooperative | 3 Bedrooms, 4 Baths
The Courtlandt, #PH14E (Sothebys International Realty)
-17.1% | -$1,050,000
Goldstone, #6S
$5,100,000
Park/Fifth Ave. to 79th St. | Cooperative | 4 Bedrooms, 3 Baths
Goldstone, #6S (Sothebys International Realty)
-24.2% | -$2,355,000
Lantern House, #PH1015
$7,395,000
Chelsea | Condominium | 3 Bedrooms, 3 Baths | 2,153 ft2
Lantern House, #PH1015 (Corcoran Sunshine Marketing Group)
Medium Lipstick, #PH (Sothebys International Realty)
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?