For the Thanksgiving holiday week of November 2020, Manhattan recorded 93 condo, condop, and co-op sales amounting to $159.3 million of real estate sold. The median price of the 45 condos sold throughout the borough was $1.653 million ($1,244/ft2) and the median price of the 46 co-ops sold was $715,500. A full, sortable list of apartment sales may be found below.
The top sale of the week took place at The Merchant's House, where a six-bedroom loft closed for $16.4 million. This dramatic loft boasts expansive interiors, double-height ceilings, climate-controlled wine-tasting room, 3,000 square feet of private outdoor space, and star power: NBA star and Olympic medalist Deron Williams originally listed the apartment for $33.5 million, but the New York Post notes that this nevertheless comes in above the $15.8 million he paid for it in 2013.
The top sale of the week took place at The Merchant's House, where a six-bedroom loft closed for $16.4 million. This dramatic loft boasts expansive interiors, double-height ceilings, climate-controlled wine-tasting room, 3,000 square feet of private outdoor space, and star power: NBA star and Olympic medalist Deron Williams originally listed the apartment for $33.5 million, but the New York Post notes that this nevertheless comes in above the $15.8 million he paid for it in 2013.
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After weeks of dizzyingly high numbers of luxury contracts, Manhattan contracts at $4 million and up tapered off to 14 in the week of November 23-29. Olshan Realty's market report notes that this is fairly typical for the week of Thanksgiving; the 10-year average is 12 contracts. The asking price sales volume came to a total of $143,860,000.
At The Sherry Netherland, a full-floor cooperative was originally listed for $32 million in 2017. It has since been reduced to $22 million, and was nevertheless the top contract of the past week. Listing broker Sabrina Saltiel of Douglas Elliman said the local buyers had been looking at townhouses, but notes that this has the square footage of a private home. Indeed, the second-highest contract of the past week was a Greenwich Village townhouse asking $19.495 million.
At The Sherry Netherland, a full-floor cooperative was originally listed for $32 million in 2017. It has since been reduced to $22 million, and was nevertheless the top contract of the past week. Listing broker Sabrina Saltiel of Douglas Elliman said the local buyers had been looking at townhouses, but notes that this has the square footage of a private home. Indeed, the second-highest contract of the past week was a Greenwich Village townhouse asking $19.495 million.
Top Sales
1. The Merchant's House, 35 North Moore Street, #PHA – $16,400,000
Tribeca | Condo | 6 beds, 6.5 baths | 7,200 ft2
Tribeca | Condo | 6 beds, 6.5 baths | 7,200 ft2
From the listing:
A showplace of private perfection awaits you in this extraordinary trophy penthouse atop the prized Merchant House loft condominium! This enviable penthouse paradise on one of Tribeca's most fabled and coveted streets boasts a massive 7,200-square-foot interior where every inch has been meticulously renovated. Enhancing the allure is an incredible 3,000 square feet of split outdoor space with views that are inarguably among Manhattan's best. One 1,500-square-foot terrace offers a tranquil fireplace and generous seating area, while the other has a BBQ and dog house.
A showplace of private perfection awaits you in this extraordinary trophy penthouse atop the prized Merchant House loft condominium! This enviable penthouse paradise on one of Tribeca's most fabled and coveted streets boasts a massive 7,200-square-foot interior where every inch has been meticulously renovated. Enhancing the allure is an incredible 3,000 square feet of split outdoor space with views that are inarguably among Manhattan's best. One 1,500-square-foot terrace offers a tranquil fireplace and generous seating area, while the other has a BBQ and dog house.
1 Available Listing for $7.65M
2. The Carl Fischer Building, 62 Cooper Square, #PH52 – $9,540,000 ($2,117 / ft2)
Noho | Condo | 4 beds, 4 baths | 4,506 ft2
Noho | Condo | 4 beds, 4 baths | 4,506 ft2
From the listing:
Spanning 4,500+ square feet and accessed by private keyed elevator, the residence was designed with a contemporary aesthetic accented with striking finishes including Italian white limestone floors throughout and kitchen and bath systems by Boffi. On the main level, the living and dining areas showcase the open layout with lofty ceiling heights of 10'9" and three entertaining spaces. Anchored by a wood-burning fireplace, the expansive living and dining area measuring 49' x 31'7" features six oversized windows framing east city views, and a second gracious living area is positioned to the west. Joining these three entertaining spaces is the meticulously designed eat-in kitchen, finished with Boffi cabinetry, white Corian counters, and premium, fully-integrated appliances, including a Miele six-burner vented cooktop, two Miele ovens, a Miele drawer warmer, Miele dishwasher, and separate Gaggenau refrigerator and freezer. The powder bath is adjacent to the laundry room, equipped with full-size washer and dryer. Completing the main level are two bedrooms with built-ins and an en suite bath.
Spanning 4,500+ square feet and accessed by private keyed elevator, the residence was designed with a contemporary aesthetic accented with striking finishes including Italian white limestone floors throughout and kitchen and bath systems by Boffi. On the main level, the living and dining areas showcase the open layout with lofty ceiling heights of 10'9" and three entertaining spaces. Anchored by a wood-burning fireplace, the expansive living and dining area measuring 49' x 31'7" features six oversized windows framing east city views, and a second gracious living area is positioned to the west. Joining these three entertaining spaces is the meticulously designed eat-in kitchen, finished with Boffi cabinetry, white Corian counters, and premium, fully-integrated appliances, including a Miele six-burner vented cooktop, two Miele ovens, a Miele drawer warmer, Miele dishwasher, and separate Gaggenau refrigerator and freezer. The powder bath is adjacent to the laundry room, equipped with full-size washer and dryer. Completing the main level are two bedrooms with built-ins and an en suite bath.
3. 126 West 16th Street, #8E – $5,672,818 ($2,469 / ft2)
Chelsea | Condo | 4 beds, 3 baths | 2,298 ft2
Chelsea | Condo | 4 beds, 3 baths | 2,298 ft2
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2 Available Listings from $3.35M
Top Contracts
Upper East Side | Co-op | 5 beds, 6.5 baths | 9,000 ft2
From the listing:
Occupying a full floor at the legendary Sherry Netherland, this 9,000-square-foot, 19-room "uptown loft", designed by famed designer Mica Ertegun, is truly one of the most unique and sensational private homes in New York City. With 5 bedrooms, 6.5 bathrooms and an outstanding 100 feet of frontage along Fifth Avenue and 150 feet along 59th Street, the home offers a one of a kind connection between its inhabitants and the city beyond. Like a town house on one floor, and in mint condition, this apartment is flooded with natural light and can accommodate a variety of lifestyle configurations.
A private elevator landing leads into a grand and perfectly square living room with double exposures to the west and south. Mesmerizing views of Central Park, Grand Army Plaza, The Plaza Hotel and the fountains at the GM Building abound. The living room flows seamlessly into the home's dining room and pine-paneled library, complete with wet bar and a separate cigar room. The massive kitchen boasts two floor-to-ceiling windows along 59th Street, a separate pantry and laundry room. The enormous 2,000 square foot master bedroom suite occupies the entire northwest corner of the apartment and features a decorative fireplace and dual en-suite bathrooms complete with soaking tub, separate shower stall and sauna.
Occupying a full floor at the legendary Sherry Netherland, this 9,000-square-foot, 19-room "uptown loft", designed by famed designer Mica Ertegun, is truly one of the most unique and sensational private homes in New York City. With 5 bedrooms, 6.5 bathrooms and an outstanding 100 feet of frontage along Fifth Avenue and 150 feet along 59th Street, the home offers a one of a kind connection between its inhabitants and the city beyond. Like a town house on one floor, and in mint condition, this apartment is flooded with natural light and can accommodate a variety of lifestyle configurations.
A private elevator landing leads into a grand and perfectly square living room with double exposures to the west and south. Mesmerizing views of Central Park, Grand Army Plaza, The Plaza Hotel and the fountains at the GM Building abound. The living room flows seamlessly into the home's dining room and pine-paneled library, complete with wet bar and a separate cigar room. The massive kitchen boasts two floor-to-ceiling windows along 59th Street, a separate pantry and laundry room. The enormous 2,000 square foot master bedroom suite occupies the entire northwest corner of the apartment and features a decorative fireplace and dual en-suite bathrooms complete with soaking tub, separate shower stall and sauna.
9 Available Listings from $500K
Greenwich Village | Townhouse | 7 beds, 8 baths | 8,500 ft2
From the listing:
Step inside this beautifully restored mansion on the Northwest corner of Washington Square Park. While this 25' wide Greek Revival home underwent an extensive three-year renovation to modernize and expand, 111 Waverly Place dates back to 1839 and pays homage to many historical details of that time, maintaining it's original banister throughout the home as well as several original marble fireplaces. Matiz Architecture and Design spearheaded the conversion of the building from a multi-family dwelling to a single-family residence and was also responsible for the interior design work. This home leaves nothing to be desired boasting six bedrooms plus a maids suite, eight bathrooms, movie theatre, an insulated and cooled wine cellar which holds over 1,000 bottles, giant rear garden and forecourt, two laundry rooms, two separate entrances, an elevator, nine fireplaces, private office, a fitness room, multiple storage rooms, a dog bath, and an extra pantry with refrigeration and freezer hook up.
Step inside this beautifully restored mansion on the Northwest corner of Washington Square Park. While this 25' wide Greek Revival home underwent an extensive three-year renovation to modernize and expand, 111 Waverly Place dates back to 1839 and pays homage to many historical details of that time, maintaining it's original banister throughout the home as well as several original marble fireplaces. Matiz Architecture and Design spearheaded the conversion of the building from a multi-family dwelling to a single-family residence and was also responsible for the interior design work. This home leaves nothing to be desired boasting six bedrooms plus a maids suite, eight bathrooms, movie theatre, an insulated and cooled wine cellar which holds over 1,000 bottles, giant rear garden and forecourt, two laundry rooms, two separate entrances, an elevator, nine fireplaces, private office, a fitness room, multiple storage rooms, a dog bath, and an extra pantry with refrigeration and freezer hook up.
West Village | Condo | 4 beds, 3.5 baths | 3,765 ft2
From the listing:
This stunning four bedroom, three-and-a-half-bathroom Penthouse measures 3,765 square feet with two large private terraces with total of 1,461 square feet. The sprawling great room features a gas fireplace and north, east, and west exposures, with contiguous access to the outdoor spaces through ornate blackened steel frame and double paned glass windows. Beamed ceilings showcase the character and distinction of the buildings original use as a Printing House built in 1912.
The open Poliform Chefs kitchen features top-of- the-line Gaggenau appliances including a 36'' gas and vented cook-top, convection oven, speed oven, 36'' refrigerator/freezer with a walnut veneer, Sub-Zero wine cooler, additional under island refrigeration, pot filler faucet, and dishwasher. Seamless Quartzite countertops and blackened steel cabinets with fluted glass panels add a touch of downtown flair to the open and dramatic kitchen. In addition, there is a separate large kitchen pantry, comfortably located for additional storage and prep work.
This stunning four bedroom, three-and-a-half-bathroom Penthouse measures 3,765 square feet with two large private terraces with total of 1,461 square feet. The sprawling great room features a gas fireplace and north, east, and west exposures, with contiguous access to the outdoor spaces through ornate blackened steel frame and double paned glass windows. Beamed ceilings showcase the character and distinction of the buildings original use as a Printing House built in 1912.
The open Poliform Chefs kitchen features top-of- the-line Gaggenau appliances including a 36'' gas and vented cook-top, convection oven, speed oven, 36'' refrigerator/freezer with a walnut veneer, Sub-Zero wine cooler, additional under island refrigeration, pot filler faucet, and dishwasher. Seamless Quartzite countertops and blackened steel cabinets with fluted glass panels add a touch of downtown flair to the open and dramatic kitchen. In addition, there is a separate large kitchen pantry, comfortably located for additional storage and prep work.
4 Available Listings from $5.3M
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