The penthouse at 37 East 12th Street was last week's biggest sale recorded (Douglas Elliman)
From March 14-20, a total of 234 apartments were sold in Manhattan, coming to an aggregate total of $406,933,324. The 106 condo sales came to a median price of $1.34 million, or $1,385 per square foot. The 126 co-op sales reported a median price of $987K.
Last week, downtown condos claimed eight of the top ten recorded sales. The highest sale by far was a triplex penthouse in an ultra-private, six-unit Greenwich Village boutique condo conversion. When the unit entered contract in January 2021, it was noted that the penthouse was originally listed for $33.5 million in 2015. The buyers, identified only as a New York family, secured it for $15.5 million.
Also downtown, closings are underway at ABI Chelsea, a boutique condominium with the Vito Schnabel Gallery on the ground floor and located a stone's throw from Chelsea Market and the High Line. Apartment #7, a 3-bedroom, 2.5-bath unit, closed at $7.35 million, or $3,089 per square foot, the second-highest price per square foot of the week. A full, sortable list of sales may be found below.
Last week, downtown condos claimed eight of the top ten recorded sales. The highest sale by far was a triplex penthouse in an ultra-private, six-unit Greenwich Village boutique condo conversion. When the unit entered contract in January 2021, it was noted that the penthouse was originally listed for $33.5 million in 2015. The buyers, identified only as a New York family, secured it for $15.5 million.
Also downtown, closings are underway at ABI Chelsea, a boutique condominium with the Vito Schnabel Gallery on the ground floor and located a stone's throw from Chelsea Market and the High Line. Apartment #7, a 3-bedroom, 2.5-bath unit, closed at $7.35 million, or $3,089 per square foot, the second-highest price per square foot of the week. A full, sortable list of sales may be found below.
Duplex #34 at 520 West 28th Street was last week's top contract (Corcoran)
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From March 15-21, a total of 41 luxury contracts at $4 million and up were signed in Manhattan. This marks the longest streak of 30 or more deals since Olshan Realty started keeping track in 2006, and comes to an aggregate total of $302,139,000.
March 22 marks the one-year anniversary of the New York State shutdown in response to the coronavirus pandemic. Many New Yorkers had to wait out the darkest days from small apartments, and some wondered if this would discourage them from multi-family buildings in the future. It is too soon to say for sure whether a townhouse buying boom is on the horizon, but on this day, we can report that the top two contracts of the past week were single-family homes. A five-story Greek Revival townhouse in Greenwich Village entered contract with an asking price of $22.5 million; this is down from the original $34.95 million it was listed for in February 2016, yet still a profit on the $13.5 million the seller paid for it in 2008. Further uptown, a renovated Upper East Side townhouse entered contract with an asking price of $16.5 million.
On the apartment front, downtown condos continued their impressive showing. The top apartment deal was a duplex condo in the Zaha Hadid-designed 520 West 28th Street with an asking price of $14.75 million. Additionally, two apartments at new condominium 17 Jane Street entered contract - watch this space to see if Jennifer Lawrence remains the only bold-faced name in the building!
March 22 marks the one-year anniversary of the New York State shutdown in response to the coronavirus pandemic. Many New Yorkers had to wait out the darkest days from small apartments, and some wondered if this would discourage them from multi-family buildings in the future. It is too soon to say for sure whether a townhouse buying boom is on the horizon, but on this day, we can report that the top two contracts of the past week were single-family homes. A five-story Greek Revival townhouse in Greenwich Village entered contract with an asking price of $22.5 million; this is down from the original $34.95 million it was listed for in February 2016, yet still a profit on the $13.5 million the seller paid for it in 2008. Further uptown, a renovated Upper East Side townhouse entered contract with an asking price of $16.5 million.
On the apartment front, downtown condos continued their impressive showing. The top apartment deal was a duplex condo in the Zaha Hadid-designed 520 West 28th Street with an asking price of $14.75 million. Additionally, two apartments at new condominium 17 Jane Street entered contract - watch this space to see if Jennifer Lawrence remains the only bold-faced name in the building!
Top Sales
1. 37 East 12th Street, #PH – $15,500,000 ($2,451 / ft2)
Greenwich Village | Condo | 4 beds, 4.5 baths | 6,325 ft2
Greenwich Village | Condo | 4 beds, 4.5 baths | 6,325 ft2
37 East 12th Street via CityRealty
Interiors via Douglas Elliman
From the listing:
Carefully designed to reflect a gracious, old-world sensibility while delivering total contemporary luxury, this exceptional 4-bedroom, 4.5-bath Greenwich Village penthouse sprawls across 6,325 square feet and three floors. An oasis in the city is created thanks to the presence of a rare luxury: a designer landscaped, 1,188-square-foot rooftop terrace with an outdoor kitchen.
Stunningly restored industrial barrel vaulted ceilings, a wood-burning fireplace and original cast iron columns are accentuated by impeccable chevron walnut floors. With ceiling heights up to 11 feet, the oversized great room features the highest level of modern touches and presents the perfect sun-drenched setting for relaxed living and lavish entertaining. Sun pours through the skylight of the huge chef’s, eat-in kitchen, which is elegantly designed with custom rift white oak cabinetry, honed marble countertops, and top-of-the-line Miele and Wolf appliances.
Carefully designed to reflect a gracious, old-world sensibility while delivering total contemporary luxury, this exceptional 4-bedroom, 4.5-bath Greenwich Village penthouse sprawls across 6,325 square feet and three floors. An oasis in the city is created thanks to the presence of a rare luxury: a designer landscaped, 1,188-square-foot rooftop terrace with an outdoor kitchen.
Stunningly restored industrial barrel vaulted ceilings, a wood-burning fireplace and original cast iron columns are accentuated by impeccable chevron walnut floors. With ceiling heights up to 11 feet, the oversized great room features the highest level of modern touches and presents the perfect sun-drenched setting for relaxed living and lavish entertaining. Sun pours through the skylight of the huge chef’s, eat-in kitchen, which is elegantly designed with custom rift white oak cabinetry, honed marble countertops, and top-of-the-line Miele and Wolf appliances.
1 Available Listing for $10M
2. Altair 18, 32 West 18th Street, #12AB – $9,800,000 ($1,669 / ft2)
Chelsea | Condo | 4 beds, 4.5 baths | 5,873 ft2
Chelsea | Condo | 4 beds, 4.5 baths | 5,873 ft2
Altair 18
Interiors via Corcoran
From the listing:
This full-floor, key-locked elevator loft at 32 West 18th Street is a combination of two penthouse apartments,12A and 12B. The massive open living space boasts a well-appointed kitchen, oversized great room with two gas fireplaces, dining room, home office, den, a separate secluded play room and five bedrooms featuring en-suite bathrooms, and an additional half-bath. A huge laundry room and significant additional storage round out this home's fabulous features.
Outstanding views are one of the extraordinary features of this home. There are both north and south walls of windows with expansive, astonishing city views. Northern views display a spectacular vista of important NYC landmarks including the Empire State Building and The Chrysler Building and as a bonus, dazzling sunsets reflect off of Hudson Yards. Southern views are also brilliant, featuring the Freedom Tower, the "Jenga" building and all of downtown Manhattan.
This full-floor, key-locked elevator loft at 32 West 18th Street is a combination of two penthouse apartments,12A and 12B. The massive open living space boasts a well-appointed kitchen, oversized great room with two gas fireplaces, dining room, home office, den, a separate secluded play room and five bedrooms featuring en-suite bathrooms, and an additional half-bath. A huge laundry room and significant additional storage round out this home's fabulous features.
Outstanding views are one of the extraordinary features of this home. There are both north and south walls of windows with expansive, astonishing city views. Northern views display a spectacular vista of important NYC landmarks including the Empire State Building and The Chrysler Building and as a bonus, dazzling sunsets reflect off of Hudson Yards. Southern views are also brilliant, featuring the Freedom Tower, the "Jenga" building and all of downtown Manhattan.
2 Available Listings from $4.9M
All images of 70 Greene Street via Compass
Fifteen Hudson Yards via Related/Oxford Property Group
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15 Available Listings from $2.95M
114 Greene Street via CityRealty
Top Contracts
All images of 19 West 12th Street via Sotheby's International Reatly
From the listing:
A meticulously restored 1845 Greek Revival elevator townhouse on one of the best blocks of Greenwich Village's landmark-protected Gold Coast. At 25' wide on a 106' lot, the 5-story house measures 6,750 square feet with a 1,250-square-foot basement and 2,750 square feet of beautifully landscaped gardens and terraces. With a rich architectural, social and cultural history, 19 West 12th Street has been home to luminaries in the fields of law, the performing arts and philanthropy.
The light-flooded Parlor floor includes a gracious entry, a well-proportioned living room and a dining room which overlooks a terrace through a wall of French doors. A wet bar and powder room complete this floor. Upstairs are 3 large bedrooms, each with an en-suite travertine bathroom and ample closets, a library/media room, a study, and a powder room.
A meticulously restored 1845 Greek Revival elevator townhouse on one of the best blocks of Greenwich Village's landmark-protected Gold Coast. At 25' wide on a 106' lot, the 5-story house measures 6,750 square feet with a 1,250-square-foot basement and 2,750 square feet of beautifully landscaped gardens and terraces. With a rich architectural, social and cultural history, 19 West 12th Street has been home to luminaries in the fields of law, the performing arts and philanthropy.
The light-flooded Parlor floor includes a gracious entry, a well-proportioned living room and a dining room which overlooks a terrace through a wall of French doors. A wet bar and powder room complete this floor. Upstairs are 3 large bedrooms, each with an en-suite travertine bathroom and ample closets, a library/media room, a study, and a powder room.
All images of 11 East 93rd Street via Corcoran
From the listing:
Just off Central Park and Fifth Avenue on East 93rd Street is one of Manhattan’s most desired tree-lined townhouse blocks. This palatial turn-of-the-century mansion has undergone a complete state of the art renovation and restoration by world renowned architect and interior designer, Reza Nouranian. No expense was spared utilizing the best of materials and systems while restoring the elegance of old world detail. The interior features five stories plus a finished windowed basement – aggregating approximately 7,714 gross square feet. The exterior spaces include a lavish 420-square-foot garden overlooking neighboring gardens, a large terrace off the living room and a gorgeous landscaped 1,055-square-foot roof garden that has views of Central Park and features a custom small swimming pool, an outdoor kitchen and two lounge areas. There are seven bedroom suites, seven renovated full bathrooms, three powder rooms and five working fireplaces. The spectacular entertaining rooms all have grand scale and soaring ceilings; and include a living room, a formal dining room, a library, an eat-in kitchen, and a media/entertainment room.
Just off Central Park and Fifth Avenue on East 93rd Street is one of Manhattan’s most desired tree-lined townhouse blocks. This palatial turn-of-the-century mansion has undergone a complete state of the art renovation and restoration by world renowned architect and interior designer, Reza Nouranian. No expense was spared utilizing the best of materials and systems while restoring the elegance of old world detail. The interior features five stories plus a finished windowed basement – aggregating approximately 7,714 gross square feet. The exterior spaces include a lavish 420-square-foot garden overlooking neighboring gardens, a large terrace off the living room and a gorgeous landscaped 1,055-square-foot roof garden that has views of Central Park and features a custom small swimming pool, an outdoor kitchen and two lounge areas. There are seven bedroom suites, seven renovated full bathrooms, three powder rooms and five working fireplaces. The spectacular entertaining rooms all have grand scale and soaring ceilings; and include a living room, a formal dining room, a library, an eat-in kitchen, and a media/entertainment room.
All images of 520 West 28th Street via Corcoran
From the listing:
With 5,300+ square feet interior and 3,100+ square feet of outdoor space, this second- and third-floor duplex lives like a townhouse, with a giant south-facing step-out terrace for you to enjoy. The main level is on the building’s second floor, where a grand entry gallery leads directly into the 45-foot-long great room facing south and east with beautiful light, lush planting, and a spectacular south-facing private terrace. Massive entertaining space and four bedroom suites plus additional library, family room and eat-in kitchen round out the offering - all located in a private 39-residence building designed by Zaha Hadid.
With 5,300+ square feet interior and 3,100+ square feet of outdoor space, this second- and third-floor duplex lives like a townhouse, with a giant south-facing step-out terrace for you to enjoy. The main level is on the building’s second floor, where a grand entry gallery leads directly into the 45-foot-long great room facing south and east with beautiful light, lush planting, and a spectacular south-facing private terrace. Massive entertaining space and four bedroom suites plus additional library, family room and eat-in kitchen round out the offering - all located in a private 39-residence building designed by Zaha Hadid.
4 Available Listings from $4M
Interiors via Compass
From the listing:
Sitting high above Central Park, this residence in the coveted Mandarin Oriental, offers nothing short of five-star living. This unique 3,165-square-foot, corner home in the North Tower has unparalleled views of the Hudson River, Manhattan skyline and Central Park. Upon entering, the dramatic gallery guides the way to the living and dining room which is lined with 10' high floor to ceiling windows, overlooking the breadth and length of Central Park. The spacious eat-in-kitchen is accessible from both the main gallery and dining area. A set of double doors leads to the 1,000-square-foot primary suite, which features generous closet space and two full marble bathrooms, one of which is outfitted with a bidet, shower and separate soaking tub alongside the privacy window looking out onto open city views. The primary bedroom is positioned idyllically for one to wake and absorb the eastern and southern skyline views and adjacent to the bedroom is the spacious windowed home office/den. The west wing of the residence encompasses two additional beautiful bedrooms with en suite bathrooms and floor to ceiling windows, each with breathtaking southwest views.
Sitting high above Central Park, this residence in the coveted Mandarin Oriental, offers nothing short of five-star living. This unique 3,165-square-foot, corner home in the North Tower has unparalleled views of the Hudson River, Manhattan skyline and Central Park. Upon entering, the dramatic gallery guides the way to the living and dining room which is lined with 10' high floor to ceiling windows, overlooking the breadth and length of Central Park. The spacious eat-in-kitchen is accessible from both the main gallery and dining area. A set of double doors leads to the 1,000-square-foot primary suite, which features generous closet space and two full marble bathrooms, one of which is outfitted with a bidet, shower and separate soaking tub alongside the privacy window looking out onto open city views. The primary bedroom is positioned idyllically for one to wake and absorb the eastern and southern skyline views and adjacent to the bedroom is the spacious windowed home office/den. The west wing of the residence encompasses two additional beautiful bedrooms with en suite bathrooms and floor to ceiling windows, each with breathtaking southwest views.
7 Available Listings from $4.75M
17 Jane Street via Minskoff Equities/David Chipperfield Architects
From the listing:
This is a 4 bedroom, 3.5 bathroom unit in the new condo at 17 Jane Street. The apartment has 2,976 square feet and overlooks Jane Street. Designed by David Chipperfield, this 7-unit ultra luxury condominium building offers doorman and a fitness center. Garage spots are $500K per unit. The building is comprised of 2 townhouses, a penthouse, plus 4 simplex units.
This is a 4 bedroom, 3.5 bathroom unit in the new condo at 17 Jane Street. The apartment has 2,976 square feet and overlooks Jane Street. Designed by David Chipperfield, this 7-unit ultra luxury condominium building offers doorman and a fitness center. Garage spots are $500K per unit. The building is comprised of 2 townhouses, a penthouse, plus 4 simplex units.
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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