In the first full week of May 2021, there were a total of 313 Manhattan sales with an aggregate price of $567,168,714 and median price of $1.09 million. The 150 condo closings came to a median price of $1.47M, or $1,437 per square foot. The 159 co-op closings came to a median price of $777K.
The top sale of the past week took place at 220 Central Park South, as has happened quite frequently at the Robert A.M. Stern-designed limestone tower. Notably, though, this three-bedroom unit is the first resale in the building, and closed for $33 million. The Wall Street Journal notes is 23% higher than the unidentified seller paid for it more than a year ago, and that the apartment sold after about a month on the market.
Moreover, this apartment closed for above $10,000 per square foot. This is the 11th such sale to take place at 220 Central Park South, and there have only been 14 such sales in New York City history.
The top sale of the past week took place at 220 Central Park South, as has happened quite frequently at the Robert A.M. Stern-designed limestone tower. Notably, though, this three-bedroom unit is the first resale in the building, and closed for $33 million. The Wall Street Journal notes is 23% higher than the unidentified seller paid for it more than a year ago, and that the apartment sold after about a month on the market.
Moreover, this apartment closed for above $10,000 per square foot. This is the 11th such sale to take place at 220 Central Park South, and there have only been 14 such sales in New York City history.
In this article:
From May 3-9, a total of 42 luxury contracts priced at $4 million and up were signed in Manhattan, coming to an aggregate price of $316,635,000. The strong contracts streak continues, and Olshan Realty's market report observes that more luxury contracts have been signed thus far than in all of 2020.
At the height of the coronavirus pandemic, some wondered if New Yorkers would turn away from apartment living in favor of townhouses. The past week may further fuel that debate - two townhouses in the Village had the top contracts. The townhouse at 26 Bank Street has been beautifully renovated to combine modern convenience with 1840's charm, and had an asking price of $19.995 million. The townhouse at 22 East 10th Street is divided into five units and in need of a gut renovation, but nevertheless entered contract for $15 million in an off-market deal.
At the height of the coronavirus pandemic, some wondered if New Yorkers would turn away from apartment living in favor of townhouses. The past week may further fuel that debate - two townhouses in the Village had the top contracts. The townhouse at 26 Bank Street has been beautifully renovated to combine modern convenience with 1840's charm, and had an asking price of $19.995 million. The townhouse at 22 East 10th Street is divided into five units and in need of a gut renovation, but nevertheless entered contract for $15 million in an off-market deal.
Top Sales
From the listing:
Upon entering, you will immediately understand 220 Central Park South is the most coveted and significant Masterpiece Condominium New York has today. Residence 55B is no exception; perched high above the city with sweeping, grand and iconic views to the North of Central Park and to the direct East and West offering views of the Hudson and beyond. 55B is a half floor corner Three bedroom, Three bathroom, One Powder Room, with private laundry room, private service entrance and private storage room. With dramatic and uncompromising scale of 11' ceilings, over 3200 square feet, over 36 feet of runway Central Park views from the grand salon, the perfect gallery entrance, voluminous bedrooms, chef's kitchen, timeless profiles throughout, solid core oak doors, chevron oak flooring and enormous windows, all create the perfect canvas of bespoke, timeless architectural elements paired with contemporary finishes with every square inch executed in the highest and finest level of craftsmanship. Thierry Despont has masterfully brought the romance of a perfect luxurious Residence to life while sitting beautifully along Central Park. Discover. Adore. Acquire.
Upon entering, you will immediately understand 220 Central Park South is the most coveted and significant Masterpiece Condominium New York has today. Residence 55B is no exception; perched high above the city with sweeping, grand and iconic views to the North of Central Park and to the direct East and West offering views of the Hudson and beyond. 55B is a half floor corner Three bedroom, Three bathroom, One Powder Room, with private laundry room, private service entrance and private storage room. With dramatic and uncompromising scale of 11' ceilings, over 3200 square feet, over 36 feet of runway Central Park views from the grand salon, the perfect gallery entrance, voluminous bedrooms, chef's kitchen, timeless profiles throughout, solid core oak doors, chevron oak flooring and enormous windows, all create the perfect canvas of bespoke, timeless architectural elements paired with contemporary finishes with every square inch executed in the highest and finest level of craftsmanship. Thierry Despont has masterfully brought the romance of a perfect luxurious Residence to life while sitting beautifully along Central Park. Discover. Adore. Acquire.
1 Available Listing for $49.5M
2 Available Listings from $2.75M
1 Available Listing for $12.75M
4 Available Listings from $4.95M
From the listing:
Apartment 7A has impressive windows which provide uninterrupted views of Madison Square Park from this magnificent 3 BR, 3.5 bath residence featuring 3008 square feet of well-proportioned space and soaring ceilings. A gracious entrance foyer and 18' gallery lead to the impressive 37' x 18' Great Room which successfully combines both traditional and contemporary aesthetics. Adjacent to the Great Room is the eat-in kitchen, a chef's dream, with custom ash millwork, calacatta gold counters and top of the range integrated Gaggenau appliances, a Bosch dishwasher, vented kitchen exhaust, Blanco Steelart sinks, a 43 bottle wine cooler and garbage disposal. Like the living room, the 20' primary bedroom has high ceilings and tremendous views of the park and is complimented by a 19' spa-like bath with double sinks, a freestanding Corian Lacava tub and separate shower and enclosed WC. There are radiant heated floors in all baths. The sumptuous choice of fluted Carrara marble walls, Thassos marble mosaic flooring and sycamore anigre vanity cabinets in the master bath all add sophistication and elegance rarely seen today. Completing the primary suite is a custom-built and spacious walk-in closet.
Apartment 7A has impressive windows which provide uninterrupted views of Madison Square Park from this magnificent 3 BR, 3.5 bath residence featuring 3008 square feet of well-proportioned space and soaring ceilings. A gracious entrance foyer and 18' gallery lead to the impressive 37' x 18' Great Room which successfully combines both traditional and contemporary aesthetics. Adjacent to the Great Room is the eat-in kitchen, a chef's dream, with custom ash millwork, calacatta gold counters and top of the range integrated Gaggenau appliances, a Bosch dishwasher, vented kitchen exhaust, Blanco Steelart sinks, a 43 bottle wine cooler and garbage disposal. Like the living room, the 20' primary bedroom has high ceilings and tremendous views of the park and is complimented by a 19' spa-like bath with double sinks, a freestanding Corian Lacava tub and separate shower and enclosed WC. There are radiant heated floors in all baths. The sumptuous choice of fluted Carrara marble walls, Thassos marble mosaic flooring and sycamore anigre vanity cabinets in the master bath all add sophistication and elegance rarely seen today. Completing the primary suite is a custom-built and spacious walk-in closet.
1 Available Listing for $10.9M
Top Contracts
From the listing:
Located on Bank Street in historic Greenwich Village, this extensive reconstruction of a 1840s townhouse "fuses past and present into a new, sophisticated 4,000 square foot home" according to the architect, Basil Walter, responsible for this superb creation. In a remarkable feat, the architect created a stunning rooftop glass atelier, inspired by The Maison de Verre in Paris. The entire glass wall opens to the light and air of the outdoors.
This Greek Revival townhouse benefits from some beautifully executed ideas. Floor to ceiling steel and glass windows open to the extraordinary garden and parlor floor terrace, drawing in natural light and air from the outdoors. Abundant daylight is also funneled through the house by means of an elegant skylight-capped 4-story open staircase. The industrial details of structural steel and exposed manually-geared hardware operate a pivoting glass and steel penthouse garret that are in itself a work of art.
Located on Bank Street in historic Greenwich Village, this extensive reconstruction of a 1840s townhouse "fuses past and present into a new, sophisticated 4,000 square foot home" according to the architect, Basil Walter, responsible for this superb creation. In a remarkable feat, the architect created a stunning rooftop glass atelier, inspired by The Maison de Verre in Paris. The entire glass wall opens to the light and air of the outdoors.
This Greek Revival townhouse benefits from some beautifully executed ideas. Floor to ceiling steel and glass windows open to the extraordinary garden and parlor floor terrace, drawing in natural light and air from the outdoors. Abundant daylight is also funneled through the house by means of an elegant skylight-capped 4-story open staircase. The industrial details of structural steel and exposed manually-geared hardware operate a pivoting glass and steel penthouse garret that are in itself a work of art.
From the listing:
25' wide townhouse on arguably one if the finest Greenwich Village streets. In need of a gut renovation.
25' wide townhouse on arguably one if the finest Greenwich Village streets. In need of a gut renovation.
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From the listing:
Prime West Village 5-bedroom condo with ethereal, direct, river views. Riverfront magic at Superior Ink. This sprawling, seamless combination was professionally reimagined by AD 100 interior designer Miles Redd, showcasing an ideal floorplan that is both grand and gracious. Designer finishes are found throughout and the home is in pristine condition. No stone was left unturned, or detail missed.
Robert A.M. Stern’s Superior Ink is one of only two premier white glove riverfront buildings in the West Village, with a host of amenities that stand peerless and set the bar. On a cobblestone street adjacent to the Hudson River and its stunning parks, the property offers world-class service with 24-hour doorman and concierge.
Prime West Village 5-bedroom condo with ethereal, direct, river views. Riverfront magic at Superior Ink. This sprawling, seamless combination was professionally reimagined by AD 100 interior designer Miles Redd, showcasing an ideal floorplan that is both grand and gracious. Designer finishes are found throughout and the home is in pristine condition. No stone was left unturned, or detail missed.
Robert A.M. Stern’s Superior Ink is one of only two premier white glove riverfront buildings in the West Village, with a host of amenities that stand peerless and set the bar. On a cobblestone street adjacent to the Hudson River and its stunning parks, the property offers world-class service with 24-hour doorman and concierge.
1 Available Listing for $2M
From the listing:
This magnificent, custom-designed, corner 11 into 8-room home at the Majestic is a sun-drenched 3 bedroom (easily convertible to 4 bedrooms), 3.5-bathroom home showcasing 60’ feet of direct Central Park views. The elegant layout is the largest original line in the building and offers a spectacular and vast entertaining expanse including a stunning open Chef’s kitchen with butler’s pantry, a formal living room, a formal dining room and a huge sun-filled media room; all surrounded by direct views of the Park. A grand, elegant entry foyer provides a huge custom-fitted coat closet / mud room. Architecturally exquisite, every square inch of the apartment has been beautifully designed balancing elegant finishes and extraordinary comforts utilizing the highest quality materials and craftsmanship throughout.
Great care was taken to create a very functional home by maximizing space, scale and light, distinguishing between formal entertaining and private living with abundant custom storage and state-of-the-art comforts including a full Smart Home system with four-zone central air conditioning/heating, radiant heat and custom audio and visual (TV, music and computer). The grand scale is enhanced by high ceilings, beautiful natural light, east and south exposures, pocket doors that maximize space and oversized tilt and turn windows throughout. Oak hardwood floors can be found throughout the formal rooms and the resident’s wing features high-end Stark carpet and limestone tile floors in the bathrooms.
This magnificent, custom-designed, corner 11 into 8-room home at the Majestic is a sun-drenched 3 bedroom (easily convertible to 4 bedrooms), 3.5-bathroom home showcasing 60’ feet of direct Central Park views. The elegant layout is the largest original line in the building and offers a spectacular and vast entertaining expanse including a stunning open Chef’s kitchen with butler’s pantry, a formal living room, a formal dining room and a huge sun-filled media room; all surrounded by direct views of the Park. A grand, elegant entry foyer provides a huge custom-fitted coat closet / mud room. Architecturally exquisite, every square inch of the apartment has been beautifully designed balancing elegant finishes and extraordinary comforts utilizing the highest quality materials and craftsmanship throughout.
Great care was taken to create a very functional home by maximizing space, scale and light, distinguishing between formal entertaining and private living with abundant custom storage and state-of-the-art comforts including a full Smart Home system with four-zone central air conditioning/heating, radiant heat and custom audio and visual (TV, music and computer). The grand scale is enhanced by high ceilings, beautiful natural light, east and south exposures, pocket doors that maximize space and oversized tilt and turn windows throughout. Oak hardwood floors can be found throughout the formal rooms and the resident’s wing features high-end Stark carpet and limestone tile floors in the bathrooms.
6 Available Listings from $3M
From the listing:
A one-of-a-kind duplex co-op boasting dramatic Central Park views, this 4-bedroom, 5-bathroom home is a portrait of traditional city luxury and comfort. Features of the apartment include exquisite hardwood floors, custom plaster molding, brand new electric and plumbing, charming built-ins, Lalique crystal light fixtures, central A/C, a laundry with a side-by-side LG washer/dryer, unique Harmon doors, a spacious home office, a maid's room, and oversized windows with electric shades.
The lower level of the home opens into a gracious foyer adorned with a convenient mail cabinet, a large coat closet, a powder room, and an elegant spiral staircase. A 30-ft long living room overlooking Central Park leads into a dining room with integrated speakers. The kitchen is equipped with an eat-in island, two sinks, sleek countertops, a mounted LED TV, a service entrance, custom cabinets with a coffee garage, and a suite of fully-integrated high-end appliances from Wolf, Bosch, and Sub-Zero.
A one-of-a-kind duplex co-op boasting dramatic Central Park views, this 4-bedroom, 5-bathroom home is a portrait of traditional city luxury and comfort. Features of the apartment include exquisite hardwood floors, custom plaster molding, brand new electric and plumbing, charming built-ins, Lalique crystal light fixtures, central A/C, a laundry with a side-by-side LG washer/dryer, unique Harmon doors, a spacious home office, a maid's room, and oversized windows with electric shades.
The lower level of the home opens into a gracious foyer adorned with a convenient mail cabinet, a large coat closet, a powder room, and an elegant spiral staircase. A 30-ft long living room overlooking Central Park leads into a dining room with integrated speakers. The kitchen is equipped with an eat-in island, two sinks, sleek countertops, a mounted LED TV, a service entrance, custom cabinets with a coffee garage, and a suite of fully-integrated high-end appliances from Wolf, Bosch, and Sub-Zero.
6 Available Listings from $1.6M
Top Flips
+78% from July 2005 Closing Price of $412,000
135 Division Street, #8B – Lower East Side
$732,500 ($1,510/ ft2) | Condo | Studio, 1 Bath | 485 ft2
From the listing:
At the nexus of cool and vibrant, where the Lower East Side meets Chinatown, 135 Division Street 8B is a perfectly positioned one-bedroom condo. High in the sky, full of light and with wide open views that go on and on. Perfect as a full-time home, a pied-a-terre or an income producing investment it’s a feature-filled jewel box. The open European kitchen with Corian countertops and backsplash has Italian cabinets, Miele appliances including a separate freezer and dishwasher plus a LG washer/dryer combo. More to love are the beautiful hardwood floors, the bedroom walk-in closet and the perfect Juliet balcony on which to have your morning coffee or evening glass of wine for a peaceful respite from your busy life.
At the nexus of cool and vibrant, where the Lower East Side meets Chinatown, 135 Division Street 8B is a perfectly positioned one-bedroom condo. High in the sky, full of light and with wide open views that go on and on. Perfect as a full-time home, a pied-a-terre or an income producing investment it’s a feature-filled jewel box. The open European kitchen with Corian countertops and backsplash has Italian cabinets, Miele appliances including a separate freezer and dishwasher plus a LG washer/dryer combo. More to love are the beautiful hardwood floors, the bedroom walk-in closet and the perfect Juliet balcony on which to have your morning coffee or evening glass of wine for a peaceful respite from your busy life.
+71% from June 2003 Closing Price of $1,436,000
The Park Imperial, 230 West 56th Street, #56C – Midtown West
$2,450,000 ($1,735/ ft2) | Condo | 2 Beds, 2 Baths | 1,412 ft2
From the listing:
Double exposure views from living room and primary bedroom, great views from every room! Awesome city, Hudson River, and Central Park views. At $2,700,000, apt 56 C is the LOWEST per square foot apartment offered in the building. The Park Imperial is a full service, white glove, 5-star luxury condominium, offering the finest in boutique NYC living. There is a fitness center, private lounge with a great terrace with amazing views, a party room, and a business center.
Double exposure views from living room and primary bedroom, great views from every room! Awesome city, Hudson River, and Central Park views. At $2,700,000, apt 56 C is the LOWEST per square foot apartment offered in the building. The Park Imperial is a full service, white glove, 5-star luxury condominium, offering the finest in boutique NYC living. There is a fitness center, private lounge with a great terrace with amazing views, a party room, and a business center.
6 Available Listings from $1.75M
+68% from April 2004 Closing Price of $1,475,000
18 East 12th Street, #9D – Greenwich Village
$2,477,000 | Condo | 2 Beds, 2 Baths | 1,660 ft2
1 Available Listing for $2.25M
+65% from November 2010 Closing Price of $970,000
Georgetown Plaza, 60 East 8th Street, #34M – Greenwich Village
$1,600,000 ($1,778 / ft2) | Condop | 2 Beds, 1 Bath | 900 ft2
From the listing:
Introducing Residence 34M at 60 East 8th Street – this high-floor 2-bedroom home features amazing open Downtown NYC views including the East River and Brooklyn, Williamsburg and Manhattan Bridges. The views combined with a strong layout and proportions – both inside and out – with your very own, large private balcony – make this a truly extraordinary home!
34M has been maintained in excellent condition and receives incredible natural light from the living room wall that is almost entirely covered by windows and the glass sliding door onto the private balcony, high above the city, with over 100 square feet of outdoor space and plenty of room to furnish. The living area also provides excellent proportions and an elevated quality of life – measuring 23 feet long. Views of open, blue skies and 9' ceilings add further to the tremendous sense of comfort and spaciousness. Incredible views of NYC and the bridges lit up at night from your own couch as well!
Introducing Residence 34M at 60 East 8th Street – this high-floor 2-bedroom home features amazing open Downtown NYC views including the East River and Brooklyn, Williamsburg and Manhattan Bridges. The views combined with a strong layout and proportions – both inside and out – with your very own, large private balcony – make this a truly extraordinary home!
34M has been maintained in excellent condition and receives incredible natural light from the living room wall that is almost entirely covered by windows and the glass sliding door onto the private balcony, high above the city, with over 100 square feet of outdoor space and plenty of room to furnish. The living area also provides excellent proportions and an elevated quality of life – measuring 23 feet long. Views of open, blue skies and 9' ceilings add further to the tremendous sense of comfort and spaciousness. Incredible views of NYC and the bridges lit up at night from your own couch as well!
3 Available Listings from $1.35M
+56% from June 2007 Closing Price of $3,550,000
459 West Broadway, #4S – Soho
$5,550,000 ($1,762 / ft2) | Co-op | 3 Beds, 2 Baths | 3,150 ft2
From the listing:
Experience unrivaled SoHo loft luxury and impeccable style in this sprawling three-bedroom, two-and-a-half-bathroom home in a historic West Broadway loft building consisting of only 10 units with access via private elevator or stairs. This apartment has extraordinarily low monthly maintenance, and all the amenities you could ask for in a building, built into the loft.
Spanning a sumptuous 3,150 square feet and encircled by a dozen windows, this bright and airy showplace is a haven for serene relaxation or gracious entertaining. Arrive by key-lock elevator and discover beautifully renovated interiors by the esteemed architect Case Development and designer Steffen Design Studio. Throughout the home, you'll note premium finishes, upscale fixtures and state-of-the-art conveniences nestled within historic architectural details, including soaring beamed ceilings, exposed brick and cast-iron columns. The home's awe-inspiring attention to detail reveals itself in the expansive, dramatic great room featuring a book-matched Kenya Black marble fireplace, solid white oak herringbone flooring and custom wall and window coverings. Gorgeous built-in shelving and designer lighting await your next dinner party in the spacious dining area, or enjoy casual meals in the lovely banquette in the opulent open kitchen. Calacatta marble, black lacquer and mahogany combine to dazzling effect in the kitchen, while top-of-the-line appliances — Sub-Zero Pro-48 refrigeration; two Miele dishwashers; Miele speed oven and steam ovens; and a professional dual-fuel Wolf range with double oven with a vented hood, built-in grill and griddle — test your culinary skill. The massive marble waterfall island invites conversations and cocktails with the chef, and the butler's pantry aids in flawless hosting with its Sub-Zero wine refrigeration, Miele coffeemaker, refrigerator drawers and icemaker.
Experience unrivaled SoHo loft luxury and impeccable style in this sprawling three-bedroom, two-and-a-half-bathroom home in a historic West Broadway loft building consisting of only 10 units with access via private elevator or stairs. This apartment has extraordinarily low monthly maintenance, and all the amenities you could ask for in a building, built into the loft.
Spanning a sumptuous 3,150 square feet and encircled by a dozen windows, this bright and airy showplace is a haven for serene relaxation or gracious entertaining. Arrive by key-lock elevator and discover beautifully renovated interiors by the esteemed architect Case Development and designer Steffen Design Studio. Throughout the home, you'll note premium finishes, upscale fixtures and state-of-the-art conveniences nestled within historic architectural details, including soaring beamed ceilings, exposed brick and cast-iron columns. The home's awe-inspiring attention to detail reveals itself in the expansive, dramatic great room featuring a book-matched Kenya Black marble fireplace, solid white oak herringbone flooring and custom wall and window coverings. Gorgeous built-in shelving and designer lighting await your next dinner party in the spacious dining area, or enjoy casual meals in the lovely banquette in the opulent open kitchen. Calacatta marble, black lacquer and mahogany combine to dazzling effect in the kitchen, while top-of-the-line appliances — Sub-Zero Pro-48 refrigeration; two Miele dishwashers; Miele speed oven and steam ovens; and a professional dual-fuel Wolf range with double oven with a vented hood, built-in grill and griddle — test your culinary skill. The massive marble waterfall island invites conversations and cocktails with the chef, and the butler's pantry aids in flawless hosting with its Sub-Zero wine refrigeration, Miele coffeemaker, refrigerator drawers and icemaker.
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?