For the third week of December 2020, 196 market-rate condo, co-op, and condop sales were recorded throughout Manhattan, aggregating to a total of $312,442,555 in deals and a median price of $922,500. The 91 condo sales came to a median price of $1.434M, or $1,429 per square foot. The 104 co-op sales came to a median price of $710,000 (all figures per CityRealty data).
The top sales of the week came in from various coveted neighborhoods throughout Manhattan. Nine of the top ten deals were condo units, six of which were in new development buildings finished in the last five years. Leading the pack was a 59th-floor two-bedroom at One57 which closed for $18,405,994 or $4,090/ft2. The deal is one of the biggest of the year outside of units sold in 220 CPS. Four of the top 10 sales were from buildings located on the Upper East Side with DDG's 180 East 88th Street selling a 32nd-floor four-bedroom for $7M and the French-inspired 27 East 79th Street selling a two-bed floor-through for $5.29M. See the complete list of Manhattan closings for the week below.
The top sales of the week came in from various coveted neighborhoods throughout Manhattan. Nine of the top ten deals were condo units, six of which were in new development buildings finished in the last five years. Leading the pack was a 59th-floor two-bedroom at One57 which closed for $18,405,994 or $4,090/ft2. The deal is one of the biggest of the year outside of units sold in 220 CPS. Four of the top 10 sales were from buildings located on the Upper East Side with DDG's 180 East 88th Street selling a 32nd-floor four-bedroom for $7M and the French-inspired 27 East 79th Street selling a two-bed floor-through for $5.29M. See the complete list of Manhattan closings for the week below.
In this article:
1. One57, 157 West 57th Street, #59B – $18,405,994 ($4,390 / ft2)
Midtown West | Condo | 3 beds, 3.5 baths | 4,193 ft2
Midtown West | Condo | 3 beds, 3.5 baths | 4,193 ft2
(Extell Development Company)
From the listing:
The Half Floor three bedroom, three and a half bath residence delivers the sophistication, elegance and scale that one would expect from ONE57. The Grand Salon with soaring 11'10 ceilings and dimensions of 43 by 30 feet is the centerpiece of this exceptional floor plan , offering the ideal setting for formal entertaining and the display of fine art. The custom-designed floor to ceiling curtain wall accentuates full Central Park views to the north and captivating views of Manhattan including the Chrysler and Empire State Buildings to the south. Equally dramatic, the Master Suite of more than 1,000sf wraps around the entire eastern end of the residence also with views of Central Park and the iconic buildings of Midtown. Dornbracht fixtures, custom designed vanities by Thomas Juul Hansen and exquisite marble and onyx grace the sumptuous bathrooms of this home. The Chef's eat -in -kitchen is beautifully appointed with professional appliances and direct external ventilation by Miele as well as handcrafted custom cabinetry by Smallbone of Devizes. This home also has a service entrance placed away from the public spaces which offers discreet access. A state of the art, multi zone climate control system, via discreetly designed vents and linear diffusers, offers year round heating and cooling in each room.
The Half Floor three bedroom, three and a half bath residence delivers the sophistication, elegance and scale that one would expect from ONE57. The Grand Salon with soaring 11'10 ceilings and dimensions of 43 by 30 feet is the centerpiece of this exceptional floor plan , offering the ideal setting for formal entertaining and the display of fine art. The custom-designed floor to ceiling curtain wall accentuates full Central Park views to the north and captivating views of Manhattan including the Chrysler and Empire State Buildings to the south. Equally dramatic, the Master Suite of more than 1,000sf wraps around the entire eastern end of the residence also with views of Central Park and the iconic buildings of Midtown. Dornbracht fixtures, custom designed vanities by Thomas Juul Hansen and exquisite marble and onyx grace the sumptuous bathrooms of this home. The Chef's eat -in -kitchen is beautifully appointed with professional appliances and direct external ventilation by Miele as well as handcrafted custom cabinetry by Smallbone of Devizes. This home also has a service entrance placed away from the public spaces which offers discreet access. A state of the art, multi zone climate control system, via discreetly designed vents and linear diffusers, offers year round heating and cooling in each room.
On the contract-signed front, the high-end Manhattan market had another strong week, with 17 deals signed of $4 million or more, according Donna Olshan's weekly luxury market report
. The biggest deal reported was a $40 million duplex sold in the West Village's knockout condo, 150 Charles Street. An off-market transaction took place where Barry Sternlicht, the billionaire co-founder and CEO of Starwood Capital Group, sold the 5.698 square foot spread to a domestic buyer.
Deals on the Upper East Side and up and down the Hudson River waterfront dominated the list. The report also notes that Manhattan luxury sales have rebounded in the fourth quarter and the total amount in signings is now outpacing Q4 2019.
Deals on the Upper East Side and up and down the Hudson River waterfront dominated the list. The report also notes that Manhattan luxury sales have rebounded in the fourth quarter and the total amount in signings is now outpacing Q4 2019.
1. 150 Charles Street - #9C – $40,000,000 ($6,133 / ft2)
West Village | Condo | 5 beds, 5+ baths | 5,698 ft2
West Village | Condo | 5 beds, 5+ baths | 5,698 ft2
From the listing:
Iconic Duplex Penthouse with incomparable 280 degree North, West and East views over the Hudson River, Statue of Liberty, Hudson Waterfront Park and Manhattan skyline.
The 9th floor is all about entertaining with your great room showcasing 71ft of breathtaking views expanding into a private 2,727 sq. ft. landscaped terrace perched above the Hudson river along with a corner library with wet bar perfectly situated above your luscious terrace. The large open dining room with sophisticated uptown views leads into a 485sq ft kitchen and family room with another beautifully landscaped terrace fully equipped with an outside gourmet gas barbeque grill. Also on this floor, you will find a fifth bedroom with an en-suite bathroom.
The 10th floor is designed to embrace privacy and serenity with an incredible corner 570 sq ft master suite with 38 ft of open views facing west onto the Hudson river down to Statue of liberty completed with two dressing rooms and a large windowed master bathroom that is ready for your personal design. The additional 3 bedrooms with star studded views all feature en-suite bathrooms with Italian hand cut tile, Blue De Savoie gray marble, and LeFroy Brooks fixtures. Futhermore, there is a sun-flooded library/den ideal for warm gatherings, a wet bar for your convenience, and a smartly designed laundry room with full-sized washer/dryer and slop sink.
Highlights: Iconic views in all rooms – Abundance of wall space for art – Private elevator landings on both levels – 10'9 ceilings – Building management maintains private terraces – Storage room and an additional 623 sq ft staff apartment can be purchased with the unit.
Iconic Duplex Penthouse with incomparable 280 degree North, West and East views over the Hudson River, Statue of Liberty, Hudson Waterfront Park and Manhattan skyline.
The 9th floor is all about entertaining with your great room showcasing 71ft of breathtaking views expanding into a private 2,727 sq. ft. landscaped terrace perched above the Hudson river along with a corner library with wet bar perfectly situated above your luscious terrace. The large open dining room with sophisticated uptown views leads into a 485sq ft kitchen and family room with another beautifully landscaped terrace fully equipped with an outside gourmet gas barbeque grill. Also on this floor, you will find a fifth bedroom with an en-suite bathroom.
The 10th floor is designed to embrace privacy and serenity with an incredible corner 570 sq ft master suite with 38 ft of open views facing west onto the Hudson river down to Statue of liberty completed with two dressing rooms and a large windowed master bathroom that is ready for your personal design. The additional 3 bedrooms with star studded views all feature en-suite bathrooms with Italian hand cut tile, Blue De Savoie gray marble, and LeFroy Brooks fixtures. Futhermore, there is a sun-flooded library/den ideal for warm gatherings, a wet bar for your convenience, and a smartly designed laundry room with full-sized washer/dryer and slop sink.
Highlights: Iconic views in all rooms – Abundance of wall space for art – Private elevator landings on both levels – 10'9 ceilings – Building management maintains private terraces – Storage room and an additional 623 sq ft staff apartment can be purchased with the unit.
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