Central Park Tower and the Billionaires' Row skyline (Extell Development Company)
From September 26-October 2, 2021, a total of 342 Manhattan condo, co-op, and condop sales were recorded at an aggregate price of $641,884,111. The 150 condo sales came to a median price of $1.6 million, or $1,523 per square foot. The 180 co-op sales recorded a median price of $770K.
The top sale of the past week was a full-floor sponsor unit at Central Park Tower with four bedrooms, a 2,000-square-foot private terrace, and a private outdoor pool that closed for $50,021,000. The Real Deal broke the news of the sale, noting that it closed for nearly 50 percent below its original asking price of $95 million. However, a spokesperson for Extell, the building's developer, said in a statement, "The unit sold for approximately $7,000 per square foot...and we are not unhappy with the price." Indeed, over the past week, there was much for Extell to be happy about - three units at Central Park Tower were in the top 10 sales, trailed by a $5.34 million sale at One Manhattan Square.
The top sale of the past week was a full-floor sponsor unit at Central Park Tower with four bedrooms, a 2,000-square-foot private terrace, and a private outdoor pool that closed for $50,021,000. The Real Deal broke the news of the sale, noting that it closed for nearly 50 percent below its original asking price of $95 million. However, a spokesperson for Extell, the building's developer, said in a statement, "The unit sold for approximately $7,000 per square foot...and we are not unhappy with the price." Indeed, over the past week, there was much for Extell to be happy about - three units at Central Park Tower were in the top 10 sales, trailed by a $5.34 million sale at One Manhattan Square.
All images of Central Park Tower via Extell
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Meanwhile, from September 27-October 3, 2021, 22 luxury contracts (priced at $4 million and up) were signed in Manhattan. This is five fewer than last week, and Olshan Realty's market report speculates that a market cooldown may be inevitable in the fourth quarter of 2021. The first three quarters yielded a whopping 1,329 contracts, more than twice the total of the entire year of 2020.
While condo contracts outnumbered those for co-ops 14-4, a six-bedroom duplex at 720 Park Avenue, a Rosario Candela-designed cooperative, claimed the week's top contract with an asking price of $15.9 million (down from its October 2019 listing price of $22 million). The buyer was not identified, but is clearly wealthy: The building does not allow financing.
The top condo contract was signed at celebrity favorite 443 Greenwich Avenue with an asking price of $12.995 million. The buyer and seller have not yet been identified, but we do know that it sold within five weeks of listing.
While condo contracts outnumbered those for co-ops 14-4, a six-bedroom duplex at 720 Park Avenue, a Rosario Candela-designed cooperative, claimed the week's top contract with an asking price of $15.9 million (down from its October 2019 listing price of $22 million). The buyer was not identified, but is clearly wealthy: The building does not allow financing.
The top condo contract was signed at celebrity favorite 443 Greenwich Avenue with an asking price of $12.995 million. The buyer and seller have not yet been identified, but we do know that it sold within five weeks of listing.
720 Park Avenue via Sotheby's International Realty
Top Sales
Carlton House via Douglas Elliman
From the listing:
A unique opportunity to live in the only 35-foot wide mansion with approximately 10,000 interior square feet plus an outstanding garden, terraces and enormous roof top terrace with a view of Central Park moments away from Fifth Avenue and the Park PLUS enjoy all the services and amenities of the exclusive Carlton House which include 24-hour doorman, resident manager and handymen, porters, a 65-foot swimming pool, professional fitness center and more. Enjoy a lifestyle which offers the tremendous space and privacy of a mansion plus all the conveniences of a white glove residential building!
The mansion has both a private entrance on tree lined 61st Street between Fifth and Madison Avenues as well as an entrance through the doorman and concierge attended lobby of the Carlton House. The mansion has 3 exposures and is very light and bright. It is surrounded by approximately 2,700 square feet of outdoor garden, terraces and Juliette balconies. With its extraordinary width and depth, all the main living areas are on 4 floors instead of 5 or 6 as would be typical of a narrower townhouse. And also unlike traditional townhouses, the living spaces begin on the second floor, affording a lighter and more elevated living experience. It has a commercial grade elevator large enough to quickly whisk many guests at a time from the entrance level all the way to the rooftop terrace and which also goes to the lower level where you'll find the pool and fitness center.
A unique opportunity to live in the only 35-foot wide mansion with approximately 10,000 interior square feet plus an outstanding garden, terraces and enormous roof top terrace with a view of Central Park moments away from Fifth Avenue and the Park PLUS enjoy all the services and amenities of the exclusive Carlton House which include 24-hour doorman, resident manager and handymen, porters, a 65-foot swimming pool, professional fitness center and more. Enjoy a lifestyle which offers the tremendous space and privacy of a mansion plus all the conveniences of a white glove residential building!
The mansion has both a private entrance on tree lined 61st Street between Fifth and Madison Avenues as well as an entrance through the doorman and concierge attended lobby of the Carlton House. The mansion has 3 exposures and is very light and bright. It is surrounded by approximately 2,700 square feet of outdoor garden, terraces and Juliette balconies. With its extraordinary width and depth, all the main living areas are on 4 floors instead of 5 or 6 as would be typical of a narrower townhouse. And also unlike traditional townhouses, the living spaces begin on the second floor, affording a lighter and more elevated living experience. It has a commercial grade elevator large enough to quickly whisk many guests at a time from the entrance level all the way to the rooftop terrace and which also goes to the lower level where you'll find the pool and fitness center.
1 Available Listing for Sale for $4.95M
All images of 471 Washington Street via Douglas Elliman
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From the listing:
Located in a premier full service building in Soho/Nolita, is a grand yet intimate condominium residence measuring 5,090 square feet with 3 perfectly situated terraces measuring an additional 1,025 square feet. The interior was beautifully crafted by one of Europe’s most renowned architect/designers. Direct elevator access to the apartment’s entrance gallery leads to a 56 × 22 foot great room with 3 exposures and a western terrace. 11 foot ceiling heights, a fireplace, adjacent library (w/bath), and open kitchen add to the space’s character and function. The main bedroom suite measures over 1,000 square feet and features a fireplace, dressing room, oversized bath and terrace. There are an additional 3 bedrooms, 3 baths, and a powder room.
Located in a premier full service building in Soho/Nolita, is a grand yet intimate condominium residence measuring 5,090 square feet with 3 perfectly situated terraces measuring an additional 1,025 square feet. The interior was beautifully crafted by one of Europe’s most renowned architect/designers. Direct elevator access to the apartment’s entrance gallery leads to a 56 × 22 foot great room with 3 exposures and a western terrace. 11 foot ceiling heights, a fireplace, adjacent library (w/bath), and open kitchen add to the space’s character and function. The main bedroom suite measures over 1,000 square feet and features a fireplace, dressing room, oversized bath and terrace. There are an additional 3 bedrooms, 3 baths, and a powder room.
Top Contracts
720 Park Avenue via CityRealty
Interiors via Sotheby's International Realty
From the listing:
Perfectly positioned in the East 70th to 73rd golden axis of Park Avenue's most prestigious pre-war cooperatives designed by celebrated architect Rosario Candela, 720 Park Avenue offers classic, large scale apartments with exceptional volume. Located on the ninth and tenth floors, this desirable duplex apartment has undergone a three year comprehensive renovation to create a light-filled inviting home with high ceilings, plaster walls and moldings, mahogany doors, restored and replaced hardwood floors, central air conditioning, five wood burning fireplaces, new windows and fine millwork throughout. A private elevator landing on the 9th floor leads to the large gallery with guest powder room and attractive curved staircase with custom designed Austrian bronze railing. The impressive plaster paneled south-facing living room measures 40' in length, with a wood burning fireplace at each end, and features four sets of handsome casement windows with open city views. There is also an adjacent spacious bar/study for entertaining and a media closet.
Perfectly positioned in the East 70th to 73rd golden axis of Park Avenue's most prestigious pre-war cooperatives designed by celebrated architect Rosario Candela, 720 Park Avenue offers classic, large scale apartments with exceptional volume. Located on the ninth and tenth floors, this desirable duplex apartment has undergone a three year comprehensive renovation to create a light-filled inviting home with high ceilings, plaster walls and moldings, mahogany doors, restored and replaced hardwood floors, central air conditioning, five wood burning fireplaces, new windows and fine millwork throughout. A private elevator landing on the 9th floor leads to the large gallery with guest powder room and attractive curved staircase with custom designed Austrian bronze railing. The impressive plaster paneled south-facing living room measures 40' in length, with a wood burning fireplace at each end, and features four sets of handsome casement windows with open city views. There is also an adjacent spacious bar/study for entertaining and a media closet.
2 Available Listings for Sale from $11.75M
All images of 443 Greenwich Street via Douglas Elliman
From the listing:
Enter through a private key locked elevator into the sprawling great room with iconic oversized arched windows. The living and dining space features original exposed wooden beams and pillars, soaring ceilings, and a gas fireplace. Off of the great room are pocket double doors leading to the additional entertaining space which could easily be converted into a fourth bedroom with an en-suite bathroom.
Designed by Christopher Peacock, the gorgeous windowed open chef’s kitchen overlooks the south-facing courtyard and is appointed with state-of-the-art stainless-steel appliances, including a six-burner Wolf range with pot filler, 48" Sub-Zero refrigerator, Gaggenau wine refrigerator, Miele high speed convection oven and warming drawer, built-in coffee maker and two Miele dishwashers. The centerpiece of the kitchen is a gorgeous Calacatta marble island providing a luxurious space for kitchen prep and casual dining. Adjacent to the kitchen you will find a large, windowed utility/laundry room with its own service entrance.
Enter through a private key locked elevator into the sprawling great room with iconic oversized arched windows. The living and dining space features original exposed wooden beams and pillars, soaring ceilings, and a gas fireplace. Off of the great room are pocket double doors leading to the additional entertaining space which could easily be converted into a fourth bedroom with an en-suite bathroom.
Designed by Christopher Peacock, the gorgeous windowed open chef’s kitchen overlooks the south-facing courtyard and is appointed with state-of-the-art stainless-steel appliances, including a six-burner Wolf range with pot filler, 48" Sub-Zero refrigerator, Gaggenau wine refrigerator, Miele high speed convection oven and warming drawer, built-in coffee maker and two Miele dishwashers. The centerpiece of the kitchen is a gorgeous Calacatta marble island providing a luxurious space for kitchen prep and casual dining. Adjacent to the kitchen you will find a large, windowed utility/laundry room with its own service entrance.
6 Available Listings for Sale from $6.8M
All images of 3 East 93rd Street via Corcoran
From the listing:
3 East 93rd Street is one of six Romanesque Revival brownstones, Nos. 1 - 11, built in 1891-92 by prolific architect A.B. Ogden & Son. Ogden designed eight groups of houses in the Carnegie Hill Historic District from the mid-1880s until the early 1890s. This house has distinctive historic features such as two massive oriel bay windows across its nearly entire 22 foot width with highly ornate floral scroll patterned insets, carved stone paneling ,and a top floor row of arched windows characteristic of this period of design. A later, elegant step-down double entrance features a sunken garden with attractive brick and stone work. The interior offers many magnificent, 19th century details, including six fireplaces, to be restored and enhanced, along with a myriad of opportunities to expand and develop the house for 21st century needs.
Delivered vacant, the house currently contains two units that can easily be returned to a single home. An owner's duplex on the bottom two floors offers a large living space with fireplace and a 22' x 35' planted garden with raised brick terrace. The top of the duplex has three bedrooms, including one with a fireplace, and nearly 13 foot ceiling with ornate, original plaster work, unspoiled moldings and pocket doors with bay window, a later Edwardian addition. An unusual glass solarium is part of the 28" lower building extension. The upper floor triplex contains a wealth of turn-of-the-19th century decorative details in a finely executed historic suite of rooms, offering grandeur and elegance in abundance.
3 East 93rd Street is one of six Romanesque Revival brownstones, Nos. 1 - 11, built in 1891-92 by prolific architect A.B. Ogden & Son. Ogden designed eight groups of houses in the Carnegie Hill Historic District from the mid-1880s until the early 1890s. This house has distinctive historic features such as two massive oriel bay windows across its nearly entire 22 foot width with highly ornate floral scroll patterned insets, carved stone paneling ,and a top floor row of arched windows characteristic of this period of design. A later, elegant step-down double entrance features a sunken garden with attractive brick and stone work. The interior offers many magnificent, 19th century details, including six fireplaces, to be restored and enhanced, along with a myriad of opportunities to expand and develop the house for 21st century needs.
Delivered vacant, the house currently contains two units that can easily be returned to a single home. An owner's duplex on the bottom two floors offers a large living space with fireplace and a 22' x 35' planted garden with raised brick terrace. The top of the duplex has three bedrooms, including one with a fireplace, and nearly 13 foot ceiling with ornate, original plaster work, unspoiled moldings and pocket doors with bay window, a later Edwardian addition. An unusual glass solarium is part of the 28" lower building extension. The upper floor triplex contains a wealth of turn-of-the-19th century decorative details in a finely executed historic suite of rooms, offering grandeur and elegance in abundance.
Allegro via Core Group NYC
Interiors via Corcoran
From the listing:
Enter a private elevator landing on the 26th floor with double access entry to the apartment for a feel of separate yet commodious wings. The entrance gallery, on the south side of the penthouse floor, meets a 51-foot-long expanse of glass windows flanking one of the four terraces. Off the long gallery is an elegant powder room, a home office/den with an exquisite wet bar that then leads to a spacious living room with a gas fireplace. At the other end of the gallery, and off same terrace, is a full dining room adjacent to an eat-in kitchen with two Bosch dishwashers, two Viking wall ovens, a Sub-Zero refrigerator, and picture windows with partial views of the Hudson River. Moving along, the north side of the penthouse features a large and gracious conservatory/reading room or second dining room (commonly used for dinner parties.) which is approached by way of the commodious pantry, laundry room and wet bar. Relax or entertain on the second terrace, featuring an outdoor plasma TV, with access to an elegant library with a second gas fireplace. Deeper into this wing of the apartment affords an exercise room, plus two guest bedrooms, all three rooms have en suite baths. Up a lovely staircase in the penthouse duplex is a luxurious owners' Oasis: The spacious primary suite with two huge closets and a grand primary bathroom with double sinks, steam shower, crystal chandelier, onyx floor and counter tops, plus a separate study, and a 14'X17' dressing room (each of which is sizeable enough to be a very comfortable sixth bedroom). All this and two more landscaped terraces on this upper level.
Enter a private elevator landing on the 26th floor with double access entry to the apartment for a feel of separate yet commodious wings. The entrance gallery, on the south side of the penthouse floor, meets a 51-foot-long expanse of glass windows flanking one of the four terraces. Off the long gallery is an elegant powder room, a home office/den with an exquisite wet bar that then leads to a spacious living room with a gas fireplace. At the other end of the gallery, and off same terrace, is a full dining room adjacent to an eat-in kitchen with two Bosch dishwashers, two Viking wall ovens, a Sub-Zero refrigerator, and picture windows with partial views of the Hudson River. Moving along, the north side of the penthouse features a large and gracious conservatory/reading room or second dining room (commonly used for dinner parties.) which is approached by way of the commodious pantry, laundry room and wet bar. Relax or entertain on the second terrace, featuring an outdoor plasma TV, with access to an elegant library with a second gas fireplace. Deeper into this wing of the apartment affords an exercise room, plus two guest bedrooms, all three rooms have en suite baths. Up a lovely staircase in the penthouse duplex is a luxurious owners' Oasis: The spacious primary suite with two huge closets and a grand primary bathroom with double sinks, steam shower, crystal chandelier, onyx floor and counter tops, plus a separate study, and a 14'X17' dressing room (each of which is sizeable enough to be a very comfortable sixth bedroom). All this and two more landscaped terraces on this upper level.
107 Bank Street via Leslie J. Garfield
From the listing:
Originally constructed in 1846, 107 Bank Street has undergone significant renovations throughout the years while retaining period details such as the fireplace mantels and moldings. The house is configured as two duplex apartments with features that include an 1,800 square foot ground floor with high ceilings and sky lights, a large parlor floor terrace, central air conditioning and two entrances.
Originally constructed in 1846, 107 Bank Street has undergone significant renovations throughout the years while retaining period details such as the fireplace mantels and moldings. The house is configured as two duplex apartments with features that include an 1,800 square foot ground floor with high ceilings and sky lights, a large parlor floor terrace, central air conditioning and two entrances.
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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