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432 Park Avenue and the Midtown skyline (DBOX)
From Future New York
Big Month for Billionaire's Row Condo Sales
By CityRealty Staff
Thursday, July 5, 2018
The two top-selling buildings in Manhattan last month were the Billionaire’s Row towers One57 and 432 Park Avenue, according to data from CityRealty. The pricey supertalls dominated the list of top-selling condo buildings in New York despite there only being five closings total between the two—but those five apartments sold for a combined $149.35 million.
There were two sales recorded at One57, totaling $78.4 million. Unit 85 in the tower, a three-bedroom, four-bathroom, 6,240 ft2 apartment, sold for $53.96 million. The sale price, while lofty, was $1.59 million lower than it originally sold for in 2014. The other recorded sale at One57 was Unit 52B, a five-bedroom, five-and-a-half-bathroom 5,475ft2 apartment that was a sponsor sale.
There were two sales recorded at One57, totaling $78.4 million. Unit 85 in the tower, a three-bedroom, four-bathroom, 6,240 ft2 apartment, sold for $53.96 million. The sale price, while lofty, was $1.59 million lower than it originally sold for in 2014. The other recorded sale at One57 was Unit 52B, a five-bedroom, five-and-a-half-bathroom 5,475ft2 apartment that was a sponsor sale.
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At 432 Park Avenue, there were three sales recorded, totaling $70.95 million. The same buyers picked up units #71A and #71B, both 4,019 ft2, for $34.75 million and $33.75 million, respectively. The sale of unit 53A in the building, a 1,789 ft2 apartment, rounded out 432 Park’s sales haul.
The two condo buildings best all other buildings in the city in terms of aggregate sales volume despite having relatively few unit sales—by contrast, the third top-selling condo building in Manhattan last month was One West End, which had $57.36 million in recorded sales spread over nine closings.
The two condo buildings best all other buildings in the city in terms of aggregate sales volume despite having relatively few unit sales—by contrast, the third top-selling condo building in Manhattan last month was One West End, which had $57.36 million in recorded sales spread over nine closings.
432 Park Avenue (DBOX)
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