111 West 57th Street, a trophy Chelsea townhouse at 313 West 20th Street , and a carriage house at 78 Irving Place.
The first full week of March 2025 experienced a week-over-week dip in contracts signed, and Manhattan's super-prime market ($10 million+) is not as robust as in recent years. However, Compass real estate agent Vickey Barron notes that the high-end market remains strong because New York and its high-end properties have few parallels elsewhere, observing, "They wouldn't be spending the money here if we didn't have the product." Key items on their wish lists include ample space, high-quality finishes, functional features, and addresses in specific locations.
Factors like these could explain why the past week was a good one for former carriage houses. Built at a time when New York's streets were packed with horse-drawn carriages instead of cars, many of the few surviving buildings from this time have been converted to residential use. As many former carriage houses are located in historic districts, their exteriors often look similar to when they were first built; however, the residential conversions usually include changes to layout, infrastructure, and appliance upgrades.
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Ms. Barron is the listing agent for the week's top townhouse contract, 313 West 20th Street, which was asking $10,995,000. This was good enough for the third-highest price overall of the week, but represents a reduction of over $1.5 million from the $12.5 million it was listed for in February 2024. If it sells for this price, the unidentified seller will roughly break even, having paid $10,700,000 for it in August 2023 (per public records).
313 West 20th Street was built as a carriage house in 1900, but has since been converted to a two-family townhouse with an owner's unit and a rental apartment accessible through a separate entrance. Features include updated mechanicals, eat-in kitchens in both units, multiple private terraces, and, ironically, a private garage large enough for an oversized SUV.
313 West 20th Street was built as a carriage house in 1900, but has since been converted to a two-family townhouse with an owner's unit and a rental apartment accessible through a separate entrance. Features include updated mechanicals, eat-in kitchens in both units, multiple private terraces, and, ironically, a private garage large enough for an oversized SUV.
Further downtown, The American Express Carriage House was originally built as a boarding facility for the American Express Company's draft horse fleet, but has since been converted into luxury housing. Residence #2B, a four-bedroom loft rich in original details like high ceilings and exposed brick walls, was asking $7,995,000 in the eighth-highest contract of the week.
"Wealthy buyers will pay what they want when they see a product that cannot be duplicated down the block"—Vickey Barron, Compass
Moreover, almost directly east of the Chelsea townhouse, the carriage house at 78 Irving Place also found a buyer last week. The Flemish-inspired carriage house was built in the mid-1800s but was later converted to be part of the condominium development. It was listed for $7 million in July 2024; following two price reductions, it entered contract with an asking price of $5,999,000.
111 West 57th Street
But for all the lure of converted carriage houses, the week's top contract took place at a Billionaires' Row supertall: Residence #67 at 111 West 57th Street was asking an even $20,000,000, down over thirty percent from the original ask of $29.75 million when it was marketed off floor plans in 2016. It is located in the slender tower that took shape above the landmarked Steinway Hall on 57th Street.
Greenpoint boutique condominium 65 Eckford Street logged the highest number of deals last week with 13 contracts recorded. Runners-up were Brooklyn Point with four deals and The Lumin, another Greenpoint development, with three.
Additionally, a total of $14,550,000 across two deals was signed at 255 East 77th Street. These included the four-bedroom Residence #27A, which was asking $9,400,000 in the fifth-highest contract of the week. These deals bring the Robert A.M. Stern-designed building to nearly 50% sold before construction has topped out.
255 East 77th Street rising above Second Avenue, March 2025 (CityRealty)
#10. The Chelsea Mercantile, #PHD
Last Ask: $7,600,000 (-4.4%)
Chelsea | Condominium | 5 Bedrooms, 3 Baths | 3,436 ft2
The Chelsea Mercantile, #PHD (Compass)
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#9. 160 Leroy Street, #NORTH8A
Last Ask: $7,895,000
West Village | Condominium | 3 Bedrooms, 3.5 Baths | 2,046 ft2
160 Leroy Street, #NORTH8A (R New York)
The American Express Carriage House, #2B (Casa Blanca Real Estate)
From the Listing: Experience the epitome of Tribeca loft living in this extraordinary corner unit situated on one of Tribeca’s most charming and discreet cobblestone streets. Spanning an impressive 3,892 square feet, this 4-bedroom, 3.5-bathroom home boasts soaring 13-foot ceilings, exposed brick, and beamed ceilings, perfectly blending historic charm with modern sophistication. The expansive great room, over 1,000 square feet in size, features wooden shutters, exposed brick, and striking beams, creating an inviting space ideal for entertaining or relaxing. See full details here.
The American Express Carriage House has no public availabilities.
60 Greene Street, #4 (Serhant)
From the Listing: This exquisite residence blends timeless elegance with urban luxury. Experience a spacious full-floor open-concept design that seamlessly connects living and dining areas. The kitchen boasts high-end appliances and **double fridges. Featuring hardwood floors and bespoke finishes, this impeccable home reflects ultimate style and refinement. The west-facing entertaining area, with five double-height windows and a wood-burning fireplace creates an enchanting ambiance. Classic columns and 13-foot-high ceilings add grandeur to this 4,000-square-foot gem. See full details here.
60 Greene Street has no public availabilities.
#6. 70 Vestry Street, #5C
Last Ask: $8,995,000
Tribeca | Condominium | 2 Bedrooms, 2.5 Baths | 1,906 ft2
70 Vestry Street, #5C (Corcoran Group)
255 East 77th Street, #27A (Compass)
From the Listing: Residence 27A at 255 East 77th Street is a bright and airy four bedroom residence with open city and Park views west, south, and east. The entrance gallery, with wonderful art walls, leads to the south and west facing 35 foot wide corner living room with an open eat-in kitchen with a wonderful separate pantry. The four bedrooms, each with its own ensuite bath, are split for privacy and are arranged in a way that allows one to be used as a library. The primary bedroom suite has an elegant five-fixture bathroom, two walk-in closets and cinematic views south and east. A full laundry room with linen closet and a chic powder room located off the entrance gallery complete the home. See full details here.
255 East 77th Street has 4 public availabilities from $4,800,000.
#4. Flatiron House, #PH22
Last Ask: $10,350,000
Chelsea | Condominium | 4 Bedrooms, 4 Baths | 3,194 ft2
Flatiron House, #PH22 (Corcoran Sunshine Marketing Group)
#3. 313 West 20th Street, #TH
Last Ask: $10,995,000 (-12%)
Chelsea | Townhouse | 6+ Bedrooms, 3.5 Baths | 6,750 ft2
313 West 20th Street, #TH (Compass)
#2. 150 Charles Street, #M6
Last Ask: $17,995,000
West Village | Condominium | 5 Bedrooms, 4.5 Baths | 5,607 ft2
150 Charles Street, #M6 (Douglas Elliman Real Estate)
#1. 111 West 57th Street, #67
Last Ask: $20,000,000
Midtown West | Condominium | 3 Bedrooms, 3.5 Baths | 3,873 ft2
111 West 57th Street, #67 (Sothebys International Realty)
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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