Just 291 apartment and townhouse listings had their asking prices reduced last week, the lowest number we've tallied in more than a year. As the possibility of a seller's market looms — given the strong sales and contract-signing volume — discounts have grown shallower, and homes that may have been intentionally overpriced initially, have returned to the market at more realistic price points.
As Manhattan's median sales prices remain the lowest they've been since 2014, and as inventory begins to inch upward as sidelined sellers are recognizing a more favorable market, there are still plenty of deals to be had, especially for smaller units and those within beleaguered business districts. Find below a table of all the price improvements that took place over the course of the last week.
As Manhattan's median sales prices remain the lowest they've been since 2014, and as inventory begins to inch upward as sidelined sellers are recognizing a more favorable market, there are still plenty of deals to be had, especially for smaller units and those within beleaguered business districts. Find below a table of all the price improvements that took place over the course of the last week.
In this article:
From the Listing: Enjoy direct Central Park views in this sunny 2 bedrooms 2 bath classic apartment with original details. This much sought-after corner D-line faces South and West over the tree tops of Central Park. The gracious entrance gallery leads to a living room facing the Park with a wood-burning fireplace. The generous corner master bedroom and second bedroom each have an en-suite bath. The kitchen is well laid out with an adjacent dining area with a large window. There are abundant closets throughout.
See floor plan and full details here.
From the Listing: Beautifully renovated Penthouse level 2 bedroom (convertible 3 bedrooms), 2 bathroom apartment with a private balcony and spectacular direct Central Park views and sweeping city views available at Plaza Tower, one of Midtown East's premier white-glove cooperatives.
This sprawling home offers an amazing 52-foot long living and dining room and boasts open views to the south and north, including breathtaking Central Park, George Washington Bridge, and open city views. With room to spread out and then some, this flexible layout will adjust to meet the needs of everyday living whether accommodating multiple seating and at-home work areas or entertaining close family and friends. It could also be easily converted to accommodate a true third bedroom. See floor plan and full details here.
This sprawling home offers an amazing 52-foot long living and dining room and boasts open views to the south and north, including breathtaking Central Park, George Washington Bridge, and open city views. With room to spread out and then some, this flexible layout will adjust to meet the needs of everyday living whether accommodating multiple seating and at-home work areas or entertaining close family and friends. It could also be easily converted to accommodate a true third bedroom. See floor plan and full details here.
From the Listing: Built in 1899, this elegant single-family townhouse boasts six bedrooms, five full bathrooms, an elevator, and over 5,000 sq. ft. of space. Sunlight fills the five floors of living space through the south-facing rear glass facade. Additionally, there are multiple outdoor spaces - including a landscaped garden, terrace with city views, and a finished roof deck. The garden level entrance leads into the main hallway of this townhouse.
See floor plan and full details here.
From the Listing: Unique opportunity to own a duplex penthouse perched high on the 77th and 78th floors of the Metropolitan Tower Condominium. Included in the sale is a studio located on the 32nd floor with the potential to be used as a guest suite, in-law suite, staff apartment, or home office. Thoughtfully renovated by famed architect Gordon Kahn Associates, this luxurious oasis features 360-degree views of Central Park, the Hudson River, and the Manhattan skyline. This one-of-a-kind 3,815 square foot penthouse plus studio is a must-see! See floor plan and full details here.
From the Listing: High Drama Duplex Loft in Gramercy House. Palatial in size, dramatic in volume and creative in vision, this loft beauty is a masterpiece. Old and new become one in a perfect union of authentic architecture and artistic freedom. The loft is comprised of one full floor, a mezzanine floor Library, and a half-floor workspace plus a guest suite. There are 32 windows including 16 north facing offering treetop views of historic East 20th Street and the iconic Met Life building.
See floor plan and full details here.
From the Listing: THE WOOLWORTH TOWER RESIDENCES award-winning restoration is now complete and available for immediate occupancy. Spanning over 6,711 SF of interior space on the 29th floor, this 5-bedroom, 4-bathroom plus two powder rooms is the perfect blend of Tribeca loft meets historic penthouse. With six skylights, up to 22-foot ceilings, and a duplex terrace totaling 2,770 SF, there is no shortage of natural light throughout this residence.
See floor plan and full details here.
From the Listing: MAJOR PRICE DROP! 2 Bedroom / 1 Bath Loft (1,300sf) On The 6th Floor of A Boutique Elevator Building In The Heart of Nomad. The Sweeping Great Room Has A Wall of Over-sized South-facing Windows, And A Generous Living Space. Genuine Hardwood Floors Throughout. Windowed Chef's Kitchen Fitted With Chic White Lacquer Cabinetry. Kitchen Appliances Include A Vented Wolf Range, Liebherr Refrigerator And Bosch Super Silent Dishwasher. WASHER/DRYER IS PERMITTED. See floor plan and full details here.
From the Listing: &
Exceptional in every way, this state-of-the-art home on Fifth Avenue on a high floor with 40 feet of frontage directly overlooking Central Park has been gut renovated to the most exacting standards with a level of detailing and precision rarely seen. Inspiring views across the park to the skyline of Central Park West are framed through French doors with a Juliet balcony. The corner location of this jewel box apartment allows impressive views up the park to the north as well. 825 Fifth Avenue, between East 63rd and 64th Streets, sits on the most prestigious stretch of Fifth Avenue in the East 60s, moments from the Plaza Hotel, and world-class shopping and dining including Cipriani and Bergdorf Goodman.
See floor plan and full details here.
From the Listing: Welcome to 2 Horatio Street, 2RP, a rarely available, convertible three-bedroom, three full bathroom luxury home customized by Shawn Henderson Interior Design. Space, comfort, convenience, and impeccable design is what you'll get from this move-in ready, approx. 1700+ sq. ft. home in a premiere Bing & Bing-built co-op in the West Village.
This triple apartment was originally a 3-bedroom and is currently configured as a two bedroom. With three exposures facing north, west and south, 2RP sits elevated on a high second floor and receives abundant natural light throughout the day. Directly overlooking Jackson Square Park, the home is graced with 26 feet of park frontage from the living/dining and kitchen areas and also affords open-sky views from both bedrooms. See floor plan and full details here.
This triple apartment was originally a 3-bedroom and is currently configured as a two bedroom. With three exposures facing north, west and south, 2RP sits elevated on a high second floor and receives abundant natural light throughout the day. Directly overlooking Jackson Square Park, the home is graced with 26 feet of park frontage from the living/dining and kitchen areas and also affords open-sky views from both bedrooms. See floor plan and full details here.
From the Listing: 960 Fifth Avenue - 10 Room Duplex Maisonette. This impressively scaled and beautifully proportioned duplex maisonette is in one of Fifth Avenue's most prestigious cooperatives. This unique home is the epitome of gracious elegance and is also the perfect stage for an imaginative modern interpretation. See floor plan and full details here.
From the Listing:
Live in one of Chelsea's newest premier buildings, where stunning architectural details and modern style blend to create a timeless design. This magnificent residence at 551 West 21st Street boasts a sprawling 3,016 square foot interior with three bedrooms and three full bathrooms.
Upon entering directly into the home via key-locked elevator, one is welcomed by a gracious 35-foot long gallery. This elegant runway, perfectly suited to display all of your artwork, stretches into a sun-filled great room with wall-to-wall windows and white oak herringbone floors. See floor plan and full details here.
Upon entering directly into the home via key-locked elevator, one is welcomed by a gracious 35-foot long gallery. This elegant runway, perfectly suited to display all of your artwork, stretches into a sun-filled great room with wall-to-wall windows and white oak herringbone floors. See floor plan and full details here.
From the Listing: Located at the award-winning One Jackson Square, this oversized 1,289- square foot loft-like one-bedroom, two-bathroom condominium boasts an impressive 26-foot wall of windows and 10-foot ceilings which perfectly frames iconic West Village views.
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
Price Improvements on Listings Under $1.2 Million
From the Listing: If you are looking for an oasis of calm in the middle of bustling Downtown Brooklyn, we have just what you need. This junior-one-bedroom apartment captures all the morning light you could ever need thanks to its southerly aspect looking down Flatbush Avenue all the way to Prospect Park and Grand Army Plaza. And the current occupants have been making the most of what this gorgeous space has to offer, filling the living room with a wonderful array of indoor plants while the addition of custom blackout shades will allow you to get a little extra sleep when you really need it.
See floor plan and full details here.
From the Listing: Great space and location. This is a 1000 square foot one-bedroom apartment with one and a half baths in estate condition. It is on a high floor facing south and east and is bathed in light. Bring your architect and create your dream apartment.
See floor plan and full details here.
From the Listing: -Sign a contract by April 30th and receive 6-months of common charges free-
Spanning 640 square feet, this new construction home features wide-plank oak floors, extra-tall ceilings, and wide art walls throughout. Enjoy a generous footprint for seating and dining areas in the large, open living room. The adjacent chef's kitchen awaits your culinary skill with sleek countertops, lacquer and wood cabinetry, and a suite of upscale stainless steel appliances, including a gas range and microwave by Bertazzoni, Liebherr refrigerator and Bosch dishwasher. In the king-size bedroom, you'll find a wide reach-in closet, and the lavish bathroom is equipped with frameless sliding shower doors, a Robern medicine cabinet with integrated lighting, and Kohler fixtures. A coat closet, an in-unit Bosch washer-dryer, and an LG HVAC system add convenience and comfort to this pristine Brooklyn home.
See floor plan and full details here.
From the Listing: Two flights up awaits a turn-of-the-century sprawling apartment with many possibilities. With high ceilings, oversized windows and charming original architectural details, this home is ripe with opportunity!
The front parlor faces south and west. This is traditionally a living room, but could also serve as a bedroom. French doors lead to another room, which most people have used as a bedroom. A hallway leads to two more west-facing bedrooms and a hall bath. Beyond the bathroom is a formal dining room, large windowed kitchen, and maid's room. The cabinets in the kitchen are all the original red pine from 1896. When restored, they would be magnificent. One could easily open up the dining room, kitchen, and maid's room into one great room for more contemporary use of space. See floor plan and full details here.
The front parlor faces south and west. This is traditionally a living room, but could also serve as a bedroom. French doors lead to another room, which most people have used as a bedroom. A hallway leads to two more west-facing bedrooms and a hall bath. Beyond the bathroom is a formal dining room, large windowed kitchen, and maid's room. The cabinets in the kitchen are all the original red pine from 1896. When restored, they would be magnificent. One could easily open up the dining room, kitchen, and maid's room into one great room for more contemporary use of space. See floor plan and full details here.
From the Listing: Apartment 3CN has been completely renovated with beautiful finishes, lighting, window treatments, appliances-nothing has been overlooked.First, take in the art-deco library with beautiful club chairs and a coffee table. The perfect place to select a book, sit, read, or have an intimate tete-a-tete and a cocktail or cup of tea. Next, walk through to the immense formal dining area, which is spacious enough to seat eight, ten, or even 12 people for dinner. Host Thanksgiving next year! Cooking that dinner will be an absolute pleasure in the brand-new kitchen with stainless steel appliances, granite countertops, and its own window overlooking the park.The living room is the perfect spot to relax, enjoy the park view, and watch tv or listen to music. See floor plan and full details here.
From the Listing: PRICED TO SELL. World-famous historic location. Priced to sell! This is your chance to create your sumptuous dream home in the monumental and celebrated, beautiful Lincoln Center, mere steps away from the heavenly Central Park! Be the envy of the world with extravagant shopping, magnificent dining and unmatched entertainment at your door. A sun-filled, spacious gem, 1 bedroom with a dining area, and 1 and a half bath. Unique corner unit, faces north and east. Loft-like, spacious living room/dining area allows for plush, homey feel and comfy entertaining. See floor plan and full details here.
From the Listing: Entering the beautiful lobby of this distinguished pre-war building is to be enveloped in a world of gracious living . Rarely found 10-foot ceilings and a working gas fireplace elevate this 4 room apartment to a higher level than most. Light, airy living room and bedroom face South onto E. 87th Street. The dining room flex /home office has a wall of built-in mahogany bookcases over storage cabinets and may be closed off with 2 sets of doors. A windowed bath is completely marble-clad. Windowed kitchen with ample maple cabinetry, granite counters, washer/dryer, Bosch dishwasher and Sub Zero fridge provide for ultimate convenience. See floor plan and full details here.
From the Listing: Welcome home! This beautiful renovated 1 bedroom co-op in the Sutton House on Ocean Parkway comes with many amenities that will make you smile! A full-time doorman, gorgeous outdoor heated pool, sitting/lobby area, laundry facilities, elevators and an indoor parking garage (wait list). The unit has been fully renovated and boasts all stainless steel appliances along with a dishwasher and beautiful views! See floor plan and full details here.
From the Listing: DO NOT MISS THIS MASSIVE PRICE REDUCTION - THE BEST DEAL ON BEEKMAN PLACE! This is a stellar opportunity to renovate to your vision. This very bright, east facing, approximately 1400 sf spacious apartment is nestled comfortably on a pin drop quiet tree-lined street in a beautiful Doorman building. It features 2 winged bedrooms, 2 full bathrooms, a gracious living room, and a windowed L-shaped kitchen with a washer/dryer. See floor plan and full details here.
From the Listing: Waiting to exhale? If you can no longer squeeze your life into your tiny apartment, spread out into this perfect two-bedroom stunner that checks all the boxes. The moment you walk in you will fall in love. Need even more space? This unit can be purchased along with apartment 8N next door for the ultimate in luxury and expansive city living. See floor plan and full details here.
From the Listing: Calling all visionaries, entertainers, or those just looking to spread their wings. Perched high in the skyline, with staggering views all around, unit 44G at the iconic Excelsior is 3300 square feet of fabulous potential. Enter through a substantial foyer into a sweeping, sun-flooded salon with distinct areas for dining (featuring northern views, all the way to the GW bridge), entertaining (where you can step out to the south-facing terrace or enjoy the wet bar), and gathering (a grand living room that peers east over the river and beyond). See floor plan and full details here.
From the Listing: Well-maintained unit in one of Brooklyn'ss most desired locations! Featuring hardwood floors and recent updates, this apartment has a private entrance on the first floor. 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?
6sqft delivers the latest on real estate, architecture, and design, straight from New York City.
