Manhattan Sales:
- For the week ending March 22, 2024, $312,794,669 worth of transactions across 192 condo, condop, and cooperative deals were recorded
- 79 condo sales came to an aggregate price of $196,828,257
- Five condop sales came to an aggregate price of $4,001,861
- 108 co-op sales came to an aggregate price of $111,964,551
In this article:
As the first quarter of 2024 nears the end, CityRealty data shows that prices have softened all over Manhattan. It is hard to cite any one factor, but the Federal Reserve's recent decision to hold high interest rates steady cannot have helped, nor has limited new development inventory, visible quality-of-life issues in the city, and election year anxiety.
The supertalls of Billionaires' Row were absent from this week's top sales, but that is not to say that New Yorkers have lost their appetites for skyscraper living: Penthouse #83B at 15 Hudson Yards closed for $9,950,000 in the week's top sale. While this comes in below the $10.5 million asking price when it entered contract in October 2023, it does not represent as deep a discount as a penthouse five floors up experienced earlier this winter. The corner Great Room and all four bedrooms look out on sweeping views of the Hudson River.
To the south, West Chelsea's tallest tower had the third-highest sale of the week. Residence #WEST25C at One High Line came in at an even $9,000,000. Between its high floor, corner exposure, and the unique tilt of the tower, it enjoys expansive views of the Manhattan skyline and the Hudson River; it also enjoys well-thought interiors by Gabellini Sheppard.
But while new skyline standouts garnered attention, adaptive reuse buildings were not to be overlooked. 10 Madison Square West, a condo conversion in the heart of NoMad, was hot on 15 Hudson Yards' heels with Residence #8E, which closed for $9,675,000, down only slightly from the $9,995,000 asking price when it entered contract in January 2024. The 2,871-square-foot loft has three bedrooms, three and a half baths, and direct views of Madison Square Park.
Further downtown in Soho, The New Museum Building, named for its former tenant, had the fourth-highest sale with Residence $11B, which closed for $8,750,000. Original features like columns and oversized windows remain intact, but features like top-of-the-line kitchen appliances, temperature-controlled wine storage, and a primary suite with walk-in closet and home office area bring this three-bedroom loft into the twenty-first century.
Further downtown in Soho, The New Museum Building, named for its former tenant, had the fourth-highest sale with Residence $11B, which closed for $8,750,000. Original features like columns and oversized windows remain intact, but features like top-of-the-line kitchen appliances, temperature-controlled wine storage, and a primary suite with walk-in closet and home office area bring this three-bedroom loft into the twenty-first century.
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From the Listing:
As soon as you enter you are welcomed to an extremely airy and bright open entertaining space. This mint condition loft has overall approximately 4,671 square feet where every single room is flooded with natural light featuring 11' ceilings and oak hardwood floors throughout the entire apartment. A high floor with 4 exposures and too many windows to count. This loft features a wood burning fireplace, separate wet bar with temperature controlled wine storage and top of the line kitchen appliances along with stone island. There are 3 well-appointed bedrooms with 3.5 baths in this coveted home. The large primary bedroom has its own en-suite bath with walk-in closet.
As soon as you enter you are welcomed to an extremely airy and bright open entertaining space. This mint condition loft has overall approximately 4,671 square feet where every single room is flooded with natural light featuring 11' ceilings and oak hardwood floors throughout the entire apartment. A high floor with 4 exposures and too many windows to count. This loft features a wood burning fireplace, separate wet bar with temperature controlled wine storage and top of the line kitchen appliances along with stone island. There are 3 well-appointed bedrooms with 3.5 baths in this coveted home. The large primary bedroom has its own en-suite bath with walk-in closet.
1 Available Listing for Sale for $12,500,000
From the Listing:
West 25C at One High Line is a 2,643-square-foot three-bedroom and three-and-a-half-bathroom corner residence curated by Gabellini Sheppard Associates. This remarkable home features open northern and western exposure revealing expansive city skyline and Hudson River views. Residence 25C home boasts a generous great room with an entertainment-friendly open kitchen custom designed by Bulthaup, complete with White Princess Quartzite countertops and backsplash, a robust Gaggenau appliance package and stainless-steel fixtures by CEA Design. The primary suite, complete with floor-to-ceiling windows, overlooks the Hudson River and welcomes natural light throughout the day with magnificent sunsets at dusk.
West 25C at One High Line is a 2,643-square-foot three-bedroom and three-and-a-half-bathroom corner residence curated by Gabellini Sheppard Associates. This remarkable home features open northern and western exposure revealing expansive city skyline and Hudson River views. Residence 25C home boasts a generous great room with an entertainment-friendly open kitchen custom designed by Bulthaup, complete with White Princess Quartzite countertops and backsplash, a robust Gaggenau appliance package and stainless-steel fixtures by CEA Design. The primary suite, complete with floor-to-ceiling windows, overlooks the Hudson River and welcomes natural light throughout the day with magnificent sunsets at dusk.
From the Listing:
Overlooking Madison Square Park, this exquisite 2,871-square-foot, three-bedroom, three-and-a-half bathroom residence is situated on the highest floor of one of the most sought after layouts at Manhattan’s coveted address, 10 Madison Square West.
An expansive gallery leads you to a bright and spacious corner great room overlooking Madison Square Park. Rare floor-to-ceiling windows, offering three exposures providing breathtaking views over the tree line of Madison Square Park, and the city skyline, which includes iconic landmarks such as the MetLife Clock Tower and New York Life Building. The open-concept windowed chef’s kitchen features elegant white SieMatic cabinetry, Bianco Carrera marble countertops, and top-of-the-line appliances from Sub-Zero, Miele, and Wolf.
Overlooking Madison Square Park, this exquisite 2,871-square-foot, three-bedroom, three-and-a-half bathroom residence is situated on the highest floor of one of the most sought after layouts at Manhattan’s coveted address, 10 Madison Square West.
An expansive gallery leads you to a bright and spacious corner great room overlooking Madison Square Park. Rare floor-to-ceiling windows, offering three exposures providing breathtaking views over the tree line of Madison Square Park, and the city skyline, which includes iconic landmarks such as the MetLife Clock Tower and New York Life Building. The open-concept windowed chef’s kitchen features elegant white SieMatic cabinetry, Bianco Carrera marble countertops, and top-of-the-line appliances from Sub-Zero, Miele, and Wolf.
From the Listing:
Penthouse 83B is a stunning four bedroom residence of 3,203 square feet with ceilings up to 10’10", and spectacular sunset views of the Hudson River. The spacious corner great room measures over 800 square feet and features a windowed open kitchen with custom Bulthaup oak wood cabinetry and Miele appliances. The primary bedroom suite features two large walk-in closets and a luxurious primary bath. Bedrooms 2, 3, and 4 offer en-suite baths and generous closet space. A utility room with side-by-side washer dryer, elegant entry foyer, and a powder room for guests make this a truly extraordinary home.
Penthouse 83B is a stunning four bedroom residence of 3,203 square feet with ceilings up to 10’10", and spectacular sunset views of the Hudson River. The spacious corner great room measures over 800 square feet and features a windowed open kitchen with custom Bulthaup oak wood cabinetry and Miele appliances. The primary bedroom suite features two large walk-in closets and a luxurious primary bath. Bedrooms 2, 3, and 4 offer en-suite baths and generous closet space. A utility room with side-by-side washer dryer, elegant entry foyer, and a powder room for guests make this a truly extraordinary home.
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?