(l-r) 255 East 77th Street, July 2025 (Michael Kaye / CityRelty); 255 East 77th Street, #PHB (Naftali Group via Compass)
Summer is typically a slow selling season for Manhattan real estate, and July 28 - August 3, 2025 was no exception. The number of Manhattan contracts signed dropped by 13% week-over week, making it one of the slowest sales weeks of 2025. Also during this time, only one contract came in over $10 million, and the number of luxury contracts (defined here as $4 million and up) significantly dipped week over week. This couldn't help but drive the aggregate dollar amount down as well. But while the past week was a quiet one, 2025 logged July's highest contract tally since the pandemic.
In this article:
The in-contract 255 East 77th Street #PHB |
255 East 77th Street in May 2025 (CityRealty)
Last week, a total of $30,600,000 across two contracts was signed at the forthcoming 255 East 77th Street. These included Penthouse B, which had the week's top contract with a $24,700,000 ask, or more than the total of the next two highest-priced contracts combined. The full-floor penthouse spans over 5,500 interior square feet and has a 358-square-foot private loggia with dramatic stone arches and views of Central Park.
Several stories down, Residence #4A had the week's eighth-highest contract with a $5,900,000 ask. This four-bedroom residence has a corner Great Room, a split bedroom floor plan, and a discreetly tucked away kitchen with center island and top-of-the-line appliances by Miele and Sub-Zero.
Occupancy is not estimated at 255 East 77th Street until next year, but these contracts bring the Robert A.M. Stern-designed building to two-thirds sold. Remaining public availabilities range from a third-floor three-bedroom for $5,300,000 to a half-floor five-bedroom for $10,150,000.
The 74 (r,) with 200 East 75th Street (l), July 2025 (CityRealty)
Down the street from 255 East 77th Street, another new development condo on the Upper East Side ranked among the week's top ten contracts. Residence #12A at The 74 was asking $4,950,000, tying with a Brooklyn townhouse and a Tribeca condo for the ninth-highest contract of the week. One of only two units on its floor, Residence #12A boasts floor-to-ceiling windows, an island kitchen with Miele appliances, and an ultra-private primary suite with generous closet space and a spa-like five-fixture bath.
Closings began at The 74 earlier this spring, and the building's certificate of occupancy was issued in late June 2025. A small handful of public availabilities ranges from a two-bedroom for $2,995,000 to a full-floor five-bedroom for $13,400,000.
Closings began at The 74 earlier this spring, and the building's certificate of occupancy was issued in late June 2025. A small handful of public availabilities ranges from a two-bedroom for $2,995,000 to a full-floor five-bedroom for $13,400,000.
The Upper East Side was also home to the top townhouse contract of the week. 111 East 61st Street entered contract with an asking price of $8,750,000; down 20% from the $10,995,000 the sellers initially sought when they listed it in August 2023, but still good enough for the third-highest contract of the week. It is not known how much the sellers paid for it.
According to Daytonian in Manhattan, the house's previous residents included "a succession of well-to-do families." These included pioneering ENT surgeon Dr. John MacKenty and his wife Katherine; before their move in 1923, they hired architect Edward S. Hewitt to strip the facade, remove the stoop, and design a new neo-Georgian house with a marble entrance, Flemish bond brick facade, and marble sills and reeded lintels. Sadly, they did not get to enjoy it for long; Dr. MacKenty died in 1931, and Katharine died in 1938, years after she leased the ground floor to another doctor for office space.
Most recently, the house has been used as office space and a private atelier for Italian designer OPR Eyewear. They started as one of the original retail tenants in Manhattan West, but the appointment-only space on the ground floor of an Upper East Side townhouse cultivates a more elegant and exclusive atmosphere. Their next move is not known, nor is the identity of the buyer or their plans for the house.
According to Daytonian in Manhattan, the house's previous residents included "a succession of well-to-do families." These included pioneering ENT surgeon Dr. John MacKenty and his wife Katherine; before their move in 1923, they hired architect Edward S. Hewitt to strip the facade, remove the stoop, and design a new neo-Georgian house with a marble entrance, Flemish bond brick facade, and marble sills and reeded lintels. Sadly, they did not get to enjoy it for long; Dr. MacKenty died in 1931, and Katharine died in 1938, years after she leased the ground floor to another doctor for office space.
Most recently, the house has been used as office space and a private atelier for Italian designer OPR Eyewear. They started as one of the original retail tenants in Manhattan West, but the appointment-only space on the ground floor of an Upper East Side townhouse cultivates a more elegant and exclusive atmosphere. Their next move is not known, nor is the identity of the buyer or their plans for the house.
Classic elegance was also a hallmark of the week's top co-op contract. Residence #8A at the Schwartz & Gross-designed 180 Riverside Drive entered contract with a $4,345,000 ask, the week's tenth-highest overall. The apartment looks out on beautiful Hudson River views from the living room, the formal dining room, and three of the four bedrooms, including the primary suite with generous closet space that includes a walk-in. The seller has not been identified, nor is it known how much they paid for it.
537 Pacific Street, #TH, top Brooklyn contract (Compass) | https://www.cityrealty.com/nyc/boerum-hill/post-house-533-pacific-street/apartment-/IuItdeYaKDa
For the second week in a row, the top Brooklyn contract boasts the layout of a single-family townhouse with the amenities of a full-service condominium. Last week was Bergen Brooklyn, and this week at 537 Pacific Street, a townhouse unit at Post House, entered contract with an asking price of $7,495,000, the week's fifth-highest overall. Features like a living room with fireplace, a sizable basement with ample storage space, and a private terrace with grill station further burnish its atmosphere of a suburban home.
A parking space in the building's private garage transfers with the unit, and the unidentified buyer will have access to amenities like a wellness center with gym and sauna, a maker's room for arts and crafts, a children's playroom, and a lounge with access to a landscaped courtyard. Moreover, while the typical townhouse owner is responsible for chores like snow removal, this is included in Post House's service package.
Such amenities and services, not to mention a central address near Fort Greene Park, Brooklyn Academy of Music, popular local restaurants, and the Barclays Center-Atlantic Avenue transportation hub were undoubtedly factors in Post House's popularity. The one public availability is a one-bedroom resale asking $1,170,000.
A parking space in the building's private garage transfers with the unit, and the unidentified buyer will have access to amenities like a wellness center with gym and sauna, a maker's room for arts and crafts, a children's playroom, and a lounge with access to a landscaped courtyard. Moreover, while the typical townhouse owner is responsible for chores like snow removal, this is included in Post House's service package.
Such amenities and services, not to mention a central address near Fort Greene Park, Brooklyn Academy of Music, popular local restaurants, and the Barclays Center-Atlantic Avenue transportation hub were undoubtedly factors in Post House's popularity. The one public availability is a one-bedroom resale asking $1,170,000.
Sutton Tower, #68A (Corcoran Group) | https://www.cityrealty.com/nyc/beekman-sutton-place/sutton-tower-430-east-58th-street/apartment-68A/jKsnaNdSYCT
Also of note, an apartment at Sutton Tower ranked among the week's top ten contracts for the first time since April 2025. Half-floor Residence #68A entered contract with an asking price of $8,400,000. This was good enough for the fourth-highest contract of the week, but represents a 15.6% reduction from the $9,950,000 listed in the initial offering plan.
Indeed, several units at Sutton Tower have had their prices deeply reduced. Its status as the neighborhood's tallest building allows for spectacular East River and skyline views, and residents have access to four floors of amenities dedicated to wellness and social spaces. Public availabilities range from a one-bedroom for $1,825,000 to a five-bedroom duplex penthouse for $65,000,000.
Indeed, several units at Sutton Tower have had their prices deeply reduced. Its status as the neighborhood's tallest building allows for spectacular East River and skyline views, and residents have access to four floors of amenities dedicated to wellness and social spaces. Public availabilities range from a one-bedroom for $1,825,000 to a five-bedroom duplex penthouse for $65,000,000.
The best-performing Brooklyn new development by number of contracts signed was 608 Ocean Avenue, a forthcoming Flatbush boutique condo where four contracts were signed. Like all units in the building, the studio and one-bedroom units feature oversized windows, kitchens with stainless steel appliances, sophisticated primary baths, dual split systems for heating and cooling, and in-unit GE washer-dryer combos. The building is topped with a furnished roof terrace, and another perk is a 421a tax abatement that allows for low monthly fees. Remaining availabilities range from a studio for $440,000 to a two-bedroom with private balcony for $900,000.
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Vesta (Nest Seekers)
In Long Island City, a total of $7,950,000 across five contracts was signed at Vesta, bringing the building to nearly one-third sold since sales launched in May 2025. The glassy new condo has taken shape in a bustling section of Long Island City near MoMA PS1, Trader Joe's, and the Court Square transportation hub, but triple-pane floor-to-ceiling windows bring in abundant light while cutting down on noise. Other features include kitchens with fully integrated Bosch and Bertazzoni appliances, primary bedrooms with generous closet space and spa-like en suite baths, and in-unit Bosch washers and dryers. Remaining availabilities range from a studio for $765,000 to a three-bedroom for $1,985,000.
Top NYC Contracts: July 28 - August 3, 2025
#10. 180 Riverside Drive, #8A
Last Ask: $4,345,000 (-7.1%)
Riverside Dr./West End Ave. | Cooperative | 4 Bedrooms, 2.5 Baths
180 Riverside Drive, #8A (Corcoran Group)
#9 (tie). 91 Leonard Street, #14A
Last Ask: $4,950,000
Tribeca | Condominium | 3 Bedrooms, 3 Baths | 1,843 ft2
91 Leonard Street, #14A (Compass)
#9 (tie). The 74, #12A
Last Ask: $4,950,000
Lenox Hill | Condominium | 3 Bedrooms, 3.5 Baths | 2,171 ft2
The 74, #12A (Douglas Elliman Real Estate)
#9 (tie). 60 South Elliott Place, #TH
Last Ask: $4,950,000
Fort Greene | Townhouse | 6+ Bedrooms, 4.5 Baths | 4,967 ft2
60 South Elliott Place, #TH (Serhant)
#8. 255 East 77th Street, #4A
Last Ask: $5,900,000
Lenox Hill | Condominium | 4 Bedrooms, 4.5 Baths | 2,624 ft2
255 East 77th Street, #4A (Compass)
#7. 50 United Nations Plaza, #28B
Last Ask: $5,950,000
Turtle Bay/United Nations | Condominium | 3 Bedrooms, 3.5 Baths | 3,004 ft2
50 United Nations Plaza, #28B (Brown Harris Stevens Residential Sales LLC)
5 Prince Street, #ALL (Douglas Elliman Real Estate)
From the Listing: Coming soon. See floor plan and full details here.
#5. Post House, #TH
Last Ask: $7,495,000
Boerum Hill | Condominium | 5 Bedrooms, 6+ Baths | 5,671 ft2
Post House, #TH (Compass)
#4. Sutton Tower, #68A
Last Ask: $8,400,000
Beekman/Sutton Place | Condominium | 3 Bedrooms, 3.5 Baths | 2,295 ft2
Sutton Tower, #68A (Corcoran Sunshine Marketing Group)
#3. 111 East 61st Street, #TH
Last Ask: $8,750,000 (-7.9%)
Park/Fifth Ave. to 79th St. | Townhouse | 6+ Bedrooms, 4 Baths | 9,502 ft2
111 East 61st Street, #TH (Compass)
#2. 35 Hudson Yards, #7803
Last Ask: $9,000,000
Midtown West | Condominium | 4 Bedrooms, 4.5 Baths | 3,436 ft2
35 Hudson Yards, #7803 (Corcoran Sunshine Marketing Group)
#1. 255 East 77th Street, #PHB
Last Ask: $24,700,000
Lenox Hill | Condominium | 6+ Bedrooms, 6+ Baths | 5,516 ft2
255 East 77th Street, #PHB (Compass)
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?
6sqft delivers the latest on real estate, architecture, and design, straight from New York City.
