For the second full week of October 2020, Manhattan real estate experienced a nice bump in deals with $188,538,969 (+39% week-over-week) closings of 124 apartments (+68%) recorded by the city's tax department. The overall median price of an apartment came in at $990K. The 71 condo deals penciled out to a median of $1.395M ($1,266/ft2), and the 51 co-op deals for $699K.
The top two sales of the week took place in Tribeca, which has seen a series of architecturally adventurous buildings and new levels of luxury over the past few years. Prices have risen to match - the median price of a Tribeca condo is $4,342,500 (per sales listings), and CityRealty's October median rents show that it is the most expensive neighborhood to rent in.
The top two sales of the week took place in Tribeca, which has seen a series of architecturally adventurous buildings and new levels of luxury over the past few years. Prices have risen to match - the median price of a Tribeca condo is $4,342,500 (per sales listings), and CityRealty's October median rents show that it is the most expensive neighborhood to rent in.
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From October 12-18, a total of 14 luxury contracts priced at $4 million and up were signed throughout Manhattan. This is the same number as last week, but Olshan Realty's market report shows that the total asking price volume dipped to $92,210,000.
Nearly half of the contracts were signed in downtown neighborhoods. Once again, Tribeca led the charge with a full-floor condo at 24 Leonard Street asking $19.995 million. Seller's broker Raymond Dillulio of Douglas Elliman said the five-bedroom, five-and-a-half-bath unit with over 4,300 square feet of outdoor space was sold to New Yorkers in a quick, all-cash deal.
A few blocks north, the second-highest contract of the week took place at 443 Greenwich Street, where a three-bedroom unit was asking $8.495 million. The listing was being sold turnkey to a local buyer who was not identified, but maybe watch this space - that book bindery warehouse-turned-luxury condominium has counted Meg Ryan, Jake Gyllenhaal, Justin Timberlake, Jessica Biel, and Harry Styles among its past and present residents.
Nearly half of the contracts were signed in downtown neighborhoods. Once again, Tribeca led the charge with a full-floor condo at 24 Leonard Street asking $19.995 million. Seller's broker Raymond Dillulio of Douglas Elliman said the five-bedroom, five-and-a-half-bath unit with over 4,300 square feet of outdoor space was sold to New Yorkers in a quick, all-cash deal.
A few blocks north, the second-highest contract of the week took place at 443 Greenwich Street, where a three-bedroom unit was asking $8.495 million. The listing was being sold turnkey to a local buyer who was not identified, but maybe watch this space - that book bindery warehouse-turned-luxury condominium has counted Meg Ryan, Jake Gyllenhaal, Justin Timberlake, Jessica Biel, and Harry Styles among its past and present residents.
Top Sales
1. The Four Seasons Private Residences, 30 Park Place, #68B – $14,837,405 ($5,639 / ft2)
Tribeca | Condo | 3 beds, 3.5 baths | 2,631 ft2
Tribeca | Condo | 3 beds, 3.5 baths | 2,631 ft2
13 Available Listings from $4M
2. 111 Murray Street, #61W – $11,000,000 ($2,740 / ft2)
Tribeca | Condo | 5 beds, 6.5 baths | 4,014 ft2
Tribeca | Condo | 5 beds, 6.5 baths | 4,014 ft2
From the listing:
At 4,014 square feet, this exceptional 5-bedroom, 6.5-bathroom residence with ceilings up to approximately 11'2" comprises an entire half floor, offering expansive north, south, and west-facing views that include cinematic panoramas of the Hudson River, views to the Empire State Building and beyond. From a private elevator vestibule, a grand set of double doors reveals a formal entry foyer that leads to a breathtaking corner living and dining room. Floor-to-ceiling glass wraps the gentle curve of this sprawling 30' x 25'7-in. space for exceptional natural light and spectacular north- and west-facing vistas. The adjacent eat-in kitchen, with an entire wall of floor-to-ceiling windows, center island breakfast bar, and dual points of entry, allows for seamless entertaining and intimate daily living alike. Meticulously designed by AD100 designer David Mann, the custom Molteni kitchen offers cerused White Oak cabinetry trimmed in custom soft black metal, Calacatta Borghini marble island with book-matched waterfall, countertop, and backsplash, Dornbracht fixtures in a custom soft black matte finish, two pantries, and top-of-the-line appliances.
At 4,014 square feet, this exceptional 5-bedroom, 6.5-bathroom residence with ceilings up to approximately 11'2" comprises an entire half floor, offering expansive north, south, and west-facing views that include cinematic panoramas of the Hudson River, views to the Empire State Building and beyond. From a private elevator vestibule, a grand set of double doors reveals a formal entry foyer that leads to a breathtaking corner living and dining room. Floor-to-ceiling glass wraps the gentle curve of this sprawling 30' x 25'7-in. space for exceptional natural light and spectacular north- and west-facing vistas. The adjacent eat-in kitchen, with an entire wall of floor-to-ceiling windows, center island breakfast bar, and dual points of entry, allows for seamless entertaining and intimate daily living alike. Meticulously designed by AD100 designer David Mann, the custom Molteni kitchen offers cerused White Oak cabinetry trimmed in custom soft black metal, Calacatta Borghini marble island with book-matched waterfall, countertop, and backsplash, Dornbracht fixtures in a custom soft black matte finish, two pantries, and top-of-the-line appliances.
15 Available Listings from $2.1M
From the listing:
Splendid space and dazzling light in this skylit duplex home situated on the top two floors of one of the most desirable luxury prewar residences in the heart of the Upper East Side. Enter on the tenth floor through the foyer which opens to the huge living room with wood-burning fireplace, formal dining room, library with wood-burning fireplace and a den, creating a perfect flow for entertaining in these four rooms. There is constant natural light streaming in from the east facing windows of the library and den, and from the west facing windows of the living room and dining room, which overlook the Armory, creating an inviting and sun-filled aura. The foyer also has a powder room and the original carved wooden staircase with turned and corkscrewed balustrades leading to the large upper landing. The sunny eat in kitchen and butler's pantry with its charming back staircase complete the lower level of this house-like duplex.
Splendid space and dazzling light in this skylit duplex home situated on the top two floors of one of the most desirable luxury prewar residences in the heart of the Upper East Side. Enter on the tenth floor through the foyer which opens to the huge living room with wood-burning fireplace, formal dining room, library with wood-burning fireplace and a den, creating a perfect flow for entertaining in these four rooms. There is constant natural light streaming in from the east facing windows of the library and den, and from the west facing windows of the living room and dining room, which overlook the Armory, creating an inviting and sun-filled aura. The foyer also has a powder room and the original carved wooden staircase with turned and corkscrewed balustrades leading to the large upper landing. The sunny eat in kitchen and butler's pantry with its charming back staircase complete the lower level of this house-like duplex.
3 Available Listings from $2.2M
4. Two Waterline Square, 30 Riverside Boulevard, #29A – $4,485,391 ($3,016 / ft2)
Upper West Side | Condo | 2 beds, 3 baths | 1,487 ft2
Upper West Side | Condo | 2 beds, 3 baths | 1,487 ft2
16 Available Listings from $1.9M
From the listing:
This spectacular 2,437 square foot two-bedroom plus office/study, three bath, loft offers ceiling heights of 11', and oversized 10' custom wood windows spanning the length of the 28' wide great room. Exceptional interior features in this boutique condo include five-inch white oak flooring, exposed brick walls, and Ecosmart fireplace wrapped in Pietra Cardosa natural stone slab. The open, spacious kitchen, dining, and living room is designed for entertaining. The kitchen is equipped with Miele appliances, custom wood and lacquer cabinetry from Leicht, Pietra Cardosa slab countertops, Porcelanosa Lush White porcelain slab, Evolution sink disposal and Foscarini Aplomb kitchen island pendants. The master suite is a true refuge, with a large walk-in closet and an en-suite five fixture master bath which features natural stone sourced from Spain and free-standing Krion Almond 70" tub, and Artic White herringbone heated floors.
This spectacular 2,437 square foot two-bedroom plus office/study, three bath, loft offers ceiling heights of 11', and oversized 10' custom wood windows spanning the length of the 28' wide great room. Exceptional interior features in this boutique condo include five-inch white oak flooring, exposed brick walls, and Ecosmart fireplace wrapped in Pietra Cardosa natural stone slab. The open, spacious kitchen, dining, and living room is designed for entertaining. The kitchen is equipped with Miele appliances, custom wood and lacquer cabinetry from Leicht, Pietra Cardosa slab countertops, Porcelanosa Lush White porcelain slab, Evolution sink disposal and Foscarini Aplomb kitchen island pendants. The master suite is a true refuge, with a large walk-in closet and an en-suite five fixture master bath which features natural stone sourced from Spain and free-standing Krion Almond 70" tub, and Artic White herringbone heated floors.
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2 Available Listings from $5.5M
Top Contracts
Tribeca | Condo | 5 beds, 5.5 baths | 4,859 ft2
From the listing:
Truly spectacular indoor, outdoor living in new boutique Tribeca condo with automated no-contact private parking. This 4,859-square-foot, full-floor loft consists of 5 bedroom, and 5.5 baths with over 4,300 square feet of private outdoor space designed by renowned landscape architect Edmund Hollander.
Elevator opens to a large private entrance foyer which leads to a grand living/dining room with leathered granite gas fireplace, floor to ceiling windows to the north, and fully retractable southern facing nano doors opening onto a one-of-a-kind landscaped garden.The over-sized cooks kitchen also opens to the garden and features Siematic cabinets, Gaggenau refrigerator and full-height wine cooler, double Miele dishwashers and ovens, Taj Mahal natural quartzite countertops and faucets by Dornbracht.
Truly spectacular indoor, outdoor living in new boutique Tribeca condo with automated no-contact private parking. This 4,859-square-foot, full-floor loft consists of 5 bedroom, and 5.5 baths with over 4,300 square feet of private outdoor space designed by renowned landscape architect Edmund Hollander.
Elevator opens to a large private entrance foyer which leads to a grand living/dining room with leathered granite gas fireplace, floor to ceiling windows to the north, and fully retractable southern facing nano doors opening onto a one-of-a-kind landscaped garden.The over-sized cooks kitchen also opens to the garden and features Siematic cabinets, Gaggenau refrigerator and full-height wine cooler, double Miele dishwashers and ovens, Taj Mahal natural quartzite countertops and faucets by Dornbracht.
2 Available Listings from $15.8M
Tribeca | Condo | 3 beds, 3.5 baths | 3,022 ft2
From the listing:
Located at the crossroads of Greenwich and Vestry Street, Residence 2G is now available in one of the most coveted luxury condominiums in Tribeca. Meticulously designed and renovated by Workshop ADP and finalist for the 2020 NYC Design Awards design of the year, this home is being offered 100% turnkey with all furnishings, decor, art, lighting and AV. The sophisticated 3-bedroom, 3.5-bath loft with 3,000+ square feet offers an unparalleled combination of space, luxury and industrial modernism. Experience the pinnacle of style, location, and amenities in a building built and engineered for the ultimate in security and privacy. Private, key-accessed elevator lead to each home in addition to offering a separate service elevator, enabling multiple options to access the unit, limiting the flow of traffic. An onsite, resident only, subterranean garage enables off-street access for arrival/departure and for loading/unloading to keep you and your family safe. Upon entering, you will take note of the beautifully crafted Venetian plaster entryway, offering a striking aesthetic along with ample storage. The main living areas are lined with beautifully restored brick arch windows and walls that overlook a private garden and Desbrosses Street. Original old growth beams run throughout the loft showcasing the original industrial quality of the building.
Located at the crossroads of Greenwich and Vestry Street, Residence 2G is now available in one of the most coveted luxury condominiums in Tribeca. Meticulously designed and renovated by Workshop ADP and finalist for the 2020 NYC Design Awards design of the year, this home is being offered 100% turnkey with all furnishings, decor, art, lighting and AV. The sophisticated 3-bedroom, 3.5-bath loft with 3,000+ square feet offers an unparalleled combination of space, luxury and industrial modernism. Experience the pinnacle of style, location, and amenities in a building built and engineered for the ultimate in security and privacy. Private, key-accessed elevator lead to each home in addition to offering a separate service elevator, enabling multiple options to access the unit, limiting the flow of traffic. An onsite, resident only, subterranean garage enables off-street access for arrival/departure and for loading/unloading to keep you and your family safe. Upon entering, you will take note of the beautifully crafted Venetian plaster entryway, offering a striking aesthetic along with ample storage. The main living areas are lined with beautifully restored brick arch windows and walls that overlook a private garden and Desbrosses Street. Original old growth beams run throughout the loft showcasing the original industrial quality of the building.
5 Available Listings from $7.5M
Tribeca | Condo | 3 beds, 2.5 baths | 4,157 ft2
From the listing:
Bathed in sunlight, the corner living room features a wood burning fire place surrounded by a gorgeous limestone mantle, dramatic arched windows, and a sculptural staircase leading to a mezzanine level library. The dining room, also of grand proportions, sits adjacent to the living room with a lovely bar tucked behind custom millwork. The renovated eat-in kitchen features Siematic cabinetry and a Miele appliance package that includes an oversized french door refrigerator, wine cooler, convection microwave and 5-burner stove. The laundry room is equipped with an oversized washer & dryer. A dramatic gallery connects the entertaining spaces to the private rooms. The grand master bedroom boasts a large walk in closet and a spa sized master bath with Thasos marble through out, a deep soaking tub and steam shower.
Bathed in sunlight, the corner living room features a wood burning fire place surrounded by a gorgeous limestone mantle, dramatic arched windows, and a sculptural staircase leading to a mezzanine level library. The dining room, also of grand proportions, sits adjacent to the living room with a lovely bar tucked behind custom millwork. The renovated eat-in kitchen features Siematic cabinetry and a Miele appliance package that includes an oversized french door refrigerator, wine cooler, convection microwave and 5-burner stove. The laundry room is equipped with an oversized washer & dryer. A dramatic gallery connects the entertaining spaces to the private rooms. The grand master bedroom boasts a large walk in closet and a spa sized master bath with Thasos marble through out, a deep soaking tub and steam shower.
1 Available Listing for $6.95M
Carnegie Hill | Co-op | 4 beds, 4.5 baths
From the listing:
Off an elegant semi private landing enter into the dramatic over 27' long gallery, great for displaying art and entertaining. The perfect layout provides that the private quarters flow in one direction off the gallery and the public quarters in the other direction. In addition to two large walk-in coat closets in the gallery, there is an appropriately placed powder room right off the gallery.
The public quarters are comprised of a South facing library (or fourth bedroom) with French doors, a South facing grand living room with wood burning fireplace and an extra large formal dining room facing North into the building's beautiful courtyard. A hallmark of this particular line at 1185 Park Avenue, the living room and formal dining room boast regal proportions; the living room is over 16 feet wide and over 27 feet long.
Off an elegant semi private landing enter into the dramatic over 27' long gallery, great for displaying art and entertaining. The perfect layout provides that the private quarters flow in one direction off the gallery and the public quarters in the other direction. In addition to two large walk-in coat closets in the gallery, there is an appropriately placed powder room right off the gallery.
The public quarters are comprised of a South facing library (or fourth bedroom) with French doors, a South facing grand living room with wood burning fireplace and an extra large formal dining room facing North into the building's beautiful courtyard. A hallmark of this particular line at 1185 Park Avenue, the living room and formal dining room boast regal proportions; the living room is over 16 feet wide and over 27 feet long.
2 Available Listings from $3.9M
Lenox Hill | Condo | 3 beds, 3.5 baths | 2,250 ft2
From the listing:
From the moment you enter the gracious foyer, which opens to a gallery, you'll be awed by the high ceilings, walls of windows, custom moldings, tasteful built-ins, gorgeous new wood floors flowing throughout the public spaces, plus other thoughtful details and upgrades that make this a rare, exceptional home. The coveted B line is also unique for its two corner exposures and open views from every room! Spacious living, dining and entertaining quarters are enhanced by a backdrop of grand architectural vistas as far as the eye can see, allowing you and your guests to savor the city sights and sparkling lights.
From the moment you enter the gracious foyer, which opens to a gallery, you'll be awed by the high ceilings, walls of windows, custom moldings, tasteful built-ins, gorgeous new wood floors flowing throughout the public spaces, plus other thoughtful details and upgrades that make this a rare, exceptional home. The coveted B line is also unique for its two corner exposures and open views from every room! Spacious living, dining and entertaining quarters are enhanced by a backdrop of grand architectural vistas as far as the eye can see, allowing you and your guests to savor the city sights and sparkling lights.
8 Available Listings from $2M
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Just complete the info below.
Or call us at (212) 755-5544
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