Manhattan Sales:
- For the week ending October 27, 2023, $466,158,222 worth of transactions across 252 condo, condop, and cooperative deals were recorded
- 101 condo sales came to an aggregate price of $306,407,879
- 15 condop sales came to an aggregate price of $15,804,058
- 136 co-op sales came to an aggregate price of $143,946,285
In this article:
From the time its Hiroshi Sugimoto-designed interiors were revealed, the 79th-floor unit at 432 Park Avenue attracted attention for its striking custom design and its equally jaw-dropping price of $135,000,000. When it entered contract with a $92,000,000 ask in summer 2023, it was and remains 2023's highest contract to date; while the ultimate closing price of $65,600,000 represents a deep discount from the original ask, it was nevertheless good enough for the top sale of the week.
The price includes the apartment, the built-in furniture and art installations, and two storage units. Two adjacent studio units on a lower floor were also included in the listing price, but these were recorded as separate transactions.
The price includes the apartment, the built-in furniture and art installations, and two storage units. Two adjacent studio units on a lower floor were also included in the listing price, but these were recorded as separate transactions.
A few blocks west at Central Park Tower, the full-floor Residence #118 nipped at its heels with a price of $46,152,150 in what appears to have been an off-market deal. According to the offering plan, the high-floor home has five bedrooms, five and a half baths, and 6,700 interior square feet. The offering plan also listed a price of $64,500,000 for this unit, representing a 28.4% reduction.
The Majestic, #PH18EF (Brown Harris Stevens)
Also last week, Olshan Realty’s luxury market report recorded only 12 contracts asking $4 million and up signed from October 23-29, 2023. The Real Deal notes that this is the lowest number since late September, but a closer look revealed a REBNY syndication feed error that only recorded contracts signed from Sunday to Wednesday. While there were likely more contracts signed since then, the top contract recorded during this time was for a penthouse at The Majestic with five bedrooms, five and a half baths, four private terraces overlooking Central Park and the Manhattan skyline, and an asking price of $19,950,000.
200 East 83rd Street, #26C (Compass)
From the Listing:
Robert A.M. Stern and his partners crafted the building’s elegant silhouette, keeping with the Upper East Side’s classical tradition but at heights that are truly new and modern. The building offers expansive views to Central Park, the Midtown skyline, and the rivers and is moments from the city’s finest cultural institutions, parks, shopping, and dining. Wildflowers that were native to the area are carved into 200 East 83rd Street’s limestone façade. Sculpted railings echo the street’s tree-lined greenery while large-scale windows, fine ironwork, and monumental arches soar toward the building’s iconic crown.
The residences are graceful yet modern, honoring classicism with a fresh approach. Abundant light streams in, complementing the tailored interiors by award- winning designer Rottet Studio. The commitment to design excellence can be felt in each room and at every opportunity – especially in the kitchen – state- of-the-art technology and beautiful craftsmanship are married. Primary bathrooms feature a fresh, bright palette, complemented by elements of warm wood cabinetry. A rain shower, deep soaking tub and heated floors infuse every day with an air of luxury.
Robert A.M. Stern and his partners crafted the building’s elegant silhouette, keeping with the Upper East Side’s classical tradition but at heights that are truly new and modern. The building offers expansive views to Central Park, the Midtown skyline, and the rivers and is moments from the city’s finest cultural institutions, parks, shopping, and dining. Wildflowers that were native to the area are carved into 200 East 83rd Street’s limestone façade. Sculpted railings echo the street’s tree-lined greenery while large-scale windows, fine ironwork, and monumental arches soar toward the building’s iconic crown.
The residences are graceful yet modern, honoring classicism with a fresh approach. Abundant light streams in, complementing the tailored interiors by award- winning designer Rottet Studio. The commitment to design excellence can be felt in each room and at every opportunity – especially in the kitchen – state- of-the-art technology and beautiful craftsmanship are married. Primary bathrooms feature a fresh, bright palette, complemented by elements of warm wood cabinetry. A rain shower, deep soaking tub and heated floors infuse every day with an air of luxury.
1 Available Listing for Rent for $27,000/month
152 Spring Street (CityRealty)
1 Available Listing for Sale for $3,950,000
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500 Park Tower
Central Park Tower
432 Park Avenue, #79
From the Listing:
Among the clouds, at one thousand feet, is a one-of-a-kind Hiroshi Sugimoto-designed masterpiece. This serene full-floor residence offers 8,055 square feet (748 square meters) of living space, five bedrooms, five bathrooms, two powder rooms, home office, den, and a Sugimoto-designed tea room, with unobstructed 50 mile views in all directions including Central Park and the entire sky line, soaring ceilings, 10 x 10 foot windows and two private elevator landings. Custom-built from a white box to the highest standards, the residence features tailor-made mechanical, security, electrical, plumbing, and HVAC systems, and a hand selection of the finest natural materials and finishes, including centuries-old Yakusugi cedar wood flooring, Towada tuff Stone, and Shikkui plaster walls.
Among the clouds, at one thousand feet, is a one-of-a-kind Hiroshi Sugimoto-designed masterpiece. This serene full-floor residence offers 8,055 square feet (748 square meters) of living space, five bedrooms, five bathrooms, two powder rooms, home office, den, and a Sugimoto-designed tea room, with unobstructed 50 mile views in all directions including Central Park and the entire sky line, soaring ceilings, 10 x 10 foot windows and two private elevator landings. Custom-built from a white box to the highest standards, the residence features tailor-made mechanical, security, electrical, plumbing, and HVAC systems, and a hand selection of the finest natural materials and finishes, including centuries-old Yakusugi cedar wood flooring, Towada tuff Stone, and Shikkui plaster walls.
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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