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A blog from CityRealty (Links below will take you to the 6sqft site)
 
 

High-Rise Condos

An index tracking prices in condos with 50 or more floors
Selection Methodology
 
CityRealty Indices
Selection Methodology for High-Rise Condos

The high-rise condo index tracks prices in Manhattan buildings with 50 or more floors. It includes well-known tall and ¿¿¿supertall¿¿¿ residential buildings, such as Trump Tower, The Orion and 432 Park Avenue, which is currently the tallest residential tower in the Western Hemisphere.

CityRealty has not placed an absolute limit to the number of buildings included in this Index. The criteria for inclusion in this index are as follows:

  • The condos must be within half a block of the park on or off Central Park West to the west, Fifth Avenue to the east, 110th Street to the north, and Central Park South/59th Street to the south. 
  • For newly constructed properties, a minimum of three months closing history is required.
  • The building must have a total of at least 10 individual units.

CityRealty evaluates all of its indices regularly. All pricing information has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS).

Please note that CityRealty does not rank buildings within the Index; rather, a default sort order is provided (which is price / ft2 based on the each building's past 12 months sales history). Inquires, comments and suggestions concerning any CityRealty index (and any ideas for new indices) can be sent to inquires@cityrealty.com.

Price Change Summary During Past Five Years Show by Median Price

$2,309 Current Price Avg.  Price / Ft2
based on 260 closings in the past 12 months
2209|Jul 17, 2014|2014|4.5;2520|Jul 17, 2015|2015|-8.4;2526|Jul 17, 2016|2016|-8.6;2673|Jul 17, 2017|2017|-13.6;2427|Jul 17, 2018|2018|-4.9;2309|Jul 17, 2019|2019|0.0
Building GalleryPricing ChartsClosing HistoryBuilding ListAvailable AptsMapHeat Map

Available Apartments

Listed below are 5 apartments that are currently for sale in the 35 buildings that comprise the High-Rise Condos Index

  • List
$75,000,000 ($8,824 per ft2) ($8,824 per ft2)
 

Listed: Jul 16, 2019 (1 day on market) 1 day on market
$29,950,000 ($6,672 per ft2) ($6,672 per ft2)
 

Price Change since Date Listed: -6.4%
Listed: May 2, 2019 (76 days on market) 76 days on market
$39,995,000 ($5,419 per ft2) ($5,419 per ft2)
 

Listed: Apr 4, 2019 (104 days on market) 104 days on market
$28,500,000 ($6,192 per ft2) ($6,192 per ft2)
 

Listed: Mar 21, 2018 (483 days on market) 483 days on market
$29,500,000 ($4,969 per ft2) ($4,969 per ft2)
 

Listed: Apr 11, 2017 (827 days on market) 827 days on market
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