✨Don’t just browse - start exploring!✨
Lisa Simonson of Brown Harris Stevens closed the sale of the duplex penthouse at 936 Fifth Avenue (Photo credit: Evan Joseph)
During the second week of March 2026, the number of Manhattan apartment sales recorded ticked up slightly week-over-week. The number of luxury sales priced over $3.9 million also rose slightly during this time, with the five most expensive sales of the week showing an almost even divide between prewar penthouses on Park Avenue and luxury condominiums in new developments on the Upper West Side.
This comes on the heels of a report in The Real Deal debunking a theory that a surge in luxury contracts around Election Day was wealthy buyers getting ready to flee the city ahead of a Mamdani mayoralty. But many of those uber-luxury contracts are starting to close at similarly high prices. As Lisa Simonsen of Brown Harris Stevens says, "Living in New York never goes out of style, and this is not only an investment, but a lifestyle."
In this article:
One57
The week's highest-priced sale took place at One57, the supertall tower that heralded the transformation of a formerly nondescript stretch of West 57th Street into the home of some of the most expensive real estate in the world. Residence #65A closed for $26 million. David Barreto of Cast Iron Real Estate represented the seller, who paid $22.5 million for it in April 2017. They are listed in public records as an LLC, as is the buyer of the high-floor four-bedroom. The apartment is being sold furnished and features a living room overlooking Central Park, a windowed kitchen by Smallbone of Devizes, and a corner primary suite with two walk-in closets and a luxurious bath.
Two of the top five sales of the week were for penthouses in prestigious prewar Park Avenue cooperatives. Chief among them was Penthouse A at the J.E.R. Carpenter-designed 812 Park Avenue, which closed for $19.35 million in the week's top co-op sale and second-highest overall. The duplex penthouse features the grand proportions characteristic of Carpenter's prewar apartments, while having been renovated to feature custom millwork throughout, state-of-the-art appliances and finishes in the kitchen, and custom closets in the primary suite with private terrace access. Ryan Serhant of Serhant represented the seller, who paid $15.9 million for it in April 2011.
812 Park Avenue, #PHA (Serhant)
These closings come in the wake of strong contract activity at the forthcoming 1122 Madison Avenue, including a penthouse asking $89.5 million and limited supply of new development condos. In this market, some Upper East Side co-op sellers are emboldened to ask more for their apartments.
It must be noted that new development in the stretch of the Upper East Side between Park and Fifth Avenues is extremely rare given how much of it is located in the Upper East Side Historic District. Several new projects are in the works, but also several years out. These include the Extell-developed 655 Madison Avenue, the Naftali Group-developed 800 Fifth Avenue, the Spitzer Enterprises-developed 985 Fifth Avenue, and the Myles Madison-developed, David Chipperfield-designed 831 Madison Avenue. The new development most likely to launch sales next is the conversion and expansion of 809 Madison Avenue, helmed by Macklowe Properties and designed by Robert A.M. Stern Architects.
936 Fifth Avenue, #PH (Evan Joseph)
Another notable Upper East Side sale took place at prestigious cooperative 936 Fifth Avenue, where the penthouse closed for $13.815 million. Lisa Simonsen of Brown Harris Stevens represented seller Baroness Veronique Bich, the widow of Bruno Bich, himself a scion of the family who founded the Bic ballpoint pen, lighter, and razor manufacturer. The couple lived in the duplex three-bedroom penthouse for more than 20 years, during which time they completed a multi-year gut renovation on the interiors and reinforced over 2,400 square feet of private terrace space to accommodate heavy planters.
936 Fifth Avenue, #PH | https://www.cityrealty.com/nyc/park-fifth-ave-79th-st/936-fifth-avenue/7467/PH/ItEevqSGaeN
The penthouse entered contract with an asking price just under $15 million in June 2025, and Mansion Global attributes a highly discerning co-op board to the length of time between the contract and the closing. The approved buyer has been identified as "plastic surgeon to the stars" and Luxurgery plastic surgery practice founder Dr. Sachin Shridharani. The transaction represents a sort of changing of the guard for the Upper East Side, in that old-money nobility sold the home to a new-money arbiter of aesthetics.
"When it was listed, it offered the largest private terrace on Fifth Avenue, which was extremely enticing to the buyer. To live across the street from Central Park and watch the seasons change is pure magic" - Lisa Simonsen, Brown Harris Stevens, on the penthouse at 936 Fifth Avenue
Dr. Shridharani said that close proximity to his Upper East Side practice was an important factor in his home search. He also likened his renovation plans for the penthouse to a face lift without a deep plane, expressing admiration for the marble staircase connecting both levels and the detailing work on the interiors. He also said of the terrace, "The fact that you're looking out on the park, but you have your own mini Central Park as part of your own home, is just something I didn't see in any property on Fifth Avenue."
The Florian
On the new development front, the first closings were recorded at The Florian, a Gramercy condominium developed by T&E Development and Minrav Group, and featuring a striking design by ARC Architecture + Design Studio. The one- and two-bedrooms all came in at or above ask, and all of their interiors feature abundant natural light through oversized windows, high ceilings, white oak floors, custom-designed kitchens with best-in-class appliances, and spa-inspired baths. The unidentified buyers will arrive to a 24-hour attended lobby, and amenities at The Florian include a fitness center, a spa with sauna and cold plunge, a residents' lounge with courtyard access, and a rooftop terrace with outdoor kitchen and views of the Empire State Building.
The Florian is now open for immediate occupancy with over 40% of units in contract since sales launched in September 2025. In a recent interview with Commercial Observer, T&E Development co-founder Einav Gelberg attributed the building's success to well-crafted homes, attractive amenities, and the convenience and character of the Gramercy neighborhood. Current availabilities start at $1.275 million for one-beds, $2.25 million for two-beds, and $3.995 million for three-beds.
"The Florian reflects the kind of residential experience we believe New York buyers—and especially global families—are seeking today: warm, modern, luxuriously crafted homes with natural materials and thoughtful details" - Tomer Erlich, Co-Founder, T&E Development
Also of note, the week's top sponsor sale took place at 50 West 66th Street, where Residence #50N closed for nearly $17.847 million in the third-highest overall. Three of the ten priciest sales were at The Henry, 155W68, 520 Fifth Avenue, and The Greenwich by Rafael Vinoly.
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Top Manhattan sales
The Henry, #9A (Compass)
From the Listing:
Residence 9A at The Henry is a graciously proportioned 5-bedroom apartment facing south onto beautiful, tree-lined 84th Street. A graceful entrance foyer and gallery leads to a 30-foot living room with an open kitchen and two sets of doors opening to a large terrace. The bedrooms each have their own ensuite bath and generous closets and one of the five bedrooms can be accessed from the gallery and used as a library.
Residence 9A at The Henry is a graciously proportioned 5-bedroom apartment facing south onto beautiful, tree-lined 84th Street. A graceful entrance foyer and gallery leads to a 30-foot living room with an open kitchen and two sets of doors opening to a large terrace. The bedrooms each have their own ensuite bath and generous closets and one of the five bedrooms can be accessed from the gallery and used as a library.
2 Available Listings for Sale from $2,425,000
895 Park Avenue, #PHC (Corcoran Group)
From the Listing:
Perfectly positioned atop the premier prewar co-operative, 895 Park Avenue, this palatial duplex penthouse epitomizes unparalleled luxury with impeccably proportioned spaces, perfect for sophisticated entertaining and everyday living. All of the entertaining rooms have French doors opening onto an expansive wrap terrace. The lush, landscaped terrace envelops three sides of the residence, providing the perfect space for alfresco entertaining amidst serene surroundings. Boasting breathtaking vistas of the iconic Manhattan skyline, there is an abundance of natural light that pours through every window of this spectacular home. There are six bedrooms, five full bathrooms, and a powder room.
Perfectly positioned atop the premier prewar co-operative, 895 Park Avenue, this palatial duplex penthouse epitomizes unparalleled luxury with impeccably proportioned spaces, perfect for sophisticated entertaining and everyday living. All of the entertaining rooms have French doors opening onto an expansive wrap terrace. The lush, landscaped terrace envelops three sides of the residence, providing the perfect space for alfresco entertaining amidst serene surroundings. Boasting breathtaking vistas of the iconic Manhattan skyline, there is an abundance of natural light that pours through every window of this spectacular home. There are six bedrooms, five full bathrooms, and a powder room.
1 Available Listing for Sale for $14,000,000
50 West 66th Street, #50N (Douglas Elliman)
From the Listing:
50 West 66th Street, slated to be one of the tallest and most important residential buildings that will transform the Upper West Side and the New York City skyline. Extell’s newest tower will have 127 ultra-luxury homes ranging from two bedrooms to full floors. The building boasts 50,000 square feet of amenity space including both an indoor and outdoor pool, squash court, full sized basketball and pickleball court, state of the art fitness center, Sky Lounge for entertaining and porte cochere entrance.
50 West 66th Street, slated to be one of the tallest and most important residential buildings that will transform the Upper West Side and the New York City skyline. Extell’s newest tower will have 127 ultra-luxury homes ranging from two bedrooms to full floors. The building boasts 50,000 square feet of amenity space including both an indoor and outdoor pool, squash court, full sized basketball and pickleball court, state of the art fitness center, Sky Lounge for entertaining and porte cochere entrance.
812 Park Avenue, #PHA (Serhant)
From the Listing:
This Penthouse contemporary masterpiece with a breathtaking private wraparound rooftop terrace is a crown jewel perched on top of 812 Park Avenue, one of the most prestigious Upper East Side coops, in an ideal location on Park Avenue and 75th Street. Stunning modern design with sun-flooded grand scaled rooms, high ceilings, 5/6 bedrooms, a spacious library, a dining room, a home office, and soaring spectacular eastern views create luxury townhouse living in the sky. The apartment transfers with 3 storage units.
This Penthouse contemporary masterpiece with a breathtaking private wraparound rooftop terrace is a crown jewel perched on top of 812 Park Avenue, one of the most prestigious Upper East Side coops, in an ideal location on Park Avenue and 75th Street. Stunning modern design with sun-flooded grand scaled rooms, high ceilings, 5/6 bedrooms, a spacious library, a dining room, a home office, and soaring spectacular eastern views create luxury townhouse living in the sky. The apartment transfers with 3 storage units.
One57, #65A (Cast Iron Real Estate)
From the Listing:
The breathtaking 65th floor condo is a 4 bedroom and 4.5 bath condominium in the ultra exclusive One57, created by award winning architect, Christian de Portzamparc and interior design by Thomas Juul-Hansen. This absolutely stunning 4,483-square-foot furnished home offers fantastic natural light from floor to ceiling windows plus one of kind breathtaking Central Park and Midtown views.
The breathtaking 65th floor condo is a 4 bedroom and 4.5 bath condominium in the ultra exclusive One57, created by award winning architect, Christian de Portzamparc and interior design by Thomas Juul-Hansen. This absolutely stunning 4,483-square-foot furnished home offers fantastic natural light from floor to ceiling windows plus one of kind breathtaking Central Park and Midtown views.
5 Available Listings for Sale from $3,850,000
Biggest Profits
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.
