On the week ending August 28, 2026, 316 residential apartment sales were recorded in Manhattan, marking a 17 percent increase week over week in the number of sales recorded. 38 sales priced $3.9 million and up also helped nudge the aggregate dollar amount up during this time.
As August wound down, non-profit think tank Citizens Budget Commission released a new report that analyzed IRS data and found that New York accounted for 9 percent of of U.S. tax filers reporting at least $1 million in gross income in 2023, with New York City at home to 4.3 percent of the nation's millionaires. While it is far too soon to declare that New York's recent decline in millionaires is reversing, the report does show that New York's share of American millionaires has increased year-over-year at both city and state levels. And it is also too soon to say what impact newly enacted policies like the pied-a-terre tax will have on the state and market, but last week's high-priced sales suggests that Manhattan real estate has not lost its appeal for these millionaires.
In this article:
Trophy Upper East Side listings lead among Manhattan apartment sales
255 East 77th Street (Compass)
While Penthouse #74 at 520 Fifth Avenue led Manhattan's apartment sales, closing for $12.5 million, apartments on the Upper East Side accounted for four of the week's five highest-priced sales. These included two high-floor homes at 255 East 77th Street, a luxury condominium developed by Naftali Group and Robert A.M. Stern Architects. Residence #30A closed for just over $10 million in the week's fourth-highest sale, Residence #24A was not far behind at nearly $9.3 million, and both half-floor four-bedrooms closed for well above their last asking price.
255 East 77th Street is a new construction condominium, but its design pays homage to Art Deco and Gothic influences with features like loggias, pergolas, arched windows, and a decorative crown. A suite of amenities designed by Yabu Pushelberg includes an attended lobby, a state-of-the-art fitness center, a 75' swimming pool with beautiful views, a spa with steam room and sauna, a library with fireplace and loggia access, a children's playroom, a soundproof music room, and a screening room. Artisanal ice cream shop Salt & Straw signed a lease for 1,650 square feet of retail space in the base of the building in November 2025, and it is located in close proximity to Central Park, John Jay Park, popular Upper East Side dining, the 77th Street 6 train, and the 72nd Street Q train. It is over 90 percent sold, and the two public availabilities are a pair of penthouses starting at $23.75 million.
The Strathmore (Corcoran Sunshine Marketing Group)
The Upper East Side was also home to the week's best performing new development in terms of the number of sales logged. Seven sales were recorded at The Strathmore, a 43-story tower that was grandfathered into a 1994 zoning that prohibited such tall buildings from taking shape on this part of the Upper East Side; residents enjoy panoramic views from the building's bay windows for it. The apartments were updated amidst the building's conversion from rental to sales units, as was an amenity suite offering a fitness center, a pool, a squash/sports court, and a lounge.
Another perk is an address in one of Manhattan's highest-ranked school districts. Coincidentally, the closings of these one- to three-bedroom homes, all of which came in above ask, took place shortly before school starts in New York City on Thursday, September 10.
Another perk is an address in one of Manhattan's highest-ranked school districts. Coincidentally, the closings of these one- to three-bedroom homes, all of which came in above ask, took place shortly before school starts in New York City on Thursday, September 10.
255 East 77th Street and The Strathmore are among a recent wave of new residential buildings on the Upper East Side. This includes 1122 Madison Avenue, which is nearly sold out and home to a penthouse that could set a new condo sales record for the Upper East Side. Nearby new developments MAISON171 by Elie Saab, 175 East 82nd Street, and 260 East 72nd Street are now in presales and will officially launch later this fall; contact us for details.
A few of the posh new developments underway on the Upper East Side including (l to 4) 262 East 71st Street, 1122 Madison Avenue, and Maison 171
Nobel laureate Elie Wiesel's estate sells Fifth Avenue apartment; Mark Twain Prize co-founder sells Upper East Side pied-a-terre
Parc V, #14A (Brown Harris Stevens)
Residence #14A at Parc V, a postwar cooperative across the street from Central Park, closed for nearly $5 million last week. Public records list the seller as the estate of Nobel Peace Prize laureate/author Elie Wiesel and his wife, Marion Wiesel, who translated her husband's works from French into English. These include Night, his acclaimed memoir about his experiences at Auschwitz as a teenager. Crain's New York Business notes that the family's main home was in Greenwich, Connecticut, and that they had owned the Fifth Avenue apartment since at least 2004; it is not known how much they paid for it. The couple's son Elisha Wiesel put the apartment on the market for $5.85 million in September 2025, months after Marion's death in early 2025.
The Charles House, #5F (Sotheby's International Realty)
Additionally, Residence #5F at The Charles House sold for nearly $2.6 million last week. Public records list the seller as Cappy McGarr, the Emmy-nominated producer who co-founded the Mark Twain Prize for American Humor presented by the Kennedy Center; its mission, in Mr. McGarr's words, is "to honor the greatest contributors to American comedy of our time." Mr. McGarr and his wife, Janie McGarr, are based in Dallas and likely used the Upper East Side two-bedroom as a pied-a-terre. Public records show that they bought it for about $2.4 million in October 2018, and it entered contract less than a month after they listed it for $2.65 million in April 2026.
Top Manahttan apartment sales
255 East 77th Street, #24A (Compass)
From the Listing:
Residence 24A 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.
Residence 24A 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.
2 Available Listings for Sale from $23,750,000
255 East 77th Street, #30A (Compass)
From the Listing:
Residence 30A 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 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.
Residence 30A 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 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.
2 Available Listings for Sale from $23,750,000
925 Park Avenue, #11/12 (Stribling)
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From the Listing:
Amazing corner high floor sun-filled 10 room apartment with south and west open views. Large living room with long French window, library with a wood-burning fireplace. Dining room and eat-in kitchen on the Park. 4 beds, 3.5 baths, 2 staff rooms. Special outside staff room on 3rd floor. This apartment has space, light, and views.
Amazing corner high floor sun-filled 10 room apartment with south and west open views. Large living room with long French window, library with a wood-burning fireplace. Dining room and eat-in kitchen on the Park. 4 beds, 3.5 baths, 2 staff rooms. Special outside staff room on 3rd floor. This apartment has space, light, and views.
941 Park Avenue, #14-15C (Douglas Elliman)
From the Listing:
Located in one of Park Avenue’s premier white glove co-operatives, this high floor palatial and sun-drenched prewar twelve into ten room duplex apartment features some of the most spectacular formal entertainment space in New York with fabulous sweeping city views. Magnificent and beautifully proportioned, this pristine home is in triple mint condition with an abundance of original prewar details, soaring ceilings and beautiful herringbone floors.
Located in one of Park Avenue’s premier white glove co-operatives, this high floor palatial and sun-drenched prewar twelve into ten room duplex apartment features some of the most spectacular formal entertainment space in New York with fabulous sweeping city views. Magnificent and beautifully proportioned, this pristine home is in triple mint condition with an abundance of original prewar details, soaring ceilings and beautiful herringbone floors.
520 Fifth Avenue, #PH74 (Corcoran Sunshine Marketing Group)
From the Listing:
Penthouse 74 at 520 Fifth Avenue is a stunning full-floor residence featuring panoramic views of the entire New York City skyline, including the Empire State Building, from river to river in every direction. Offering four bedrooms, four bathrooms, and a powder room stretching over an expansive 3,302 SF of interior space, this special residence, designed by Charles & Co, showcases a palette of crafted interior finishes along with approximately 10.5' ceilings, 7" wide plank white oak flooring, and a four-pipe HVAC system for year-round heating and cooling.
Penthouse 74 at 520 Fifth Avenue is a stunning full-floor residence featuring panoramic views of the entire New York City skyline, including the Empire State Building, from river to river in every direction. Offering four bedrooms, four bathrooms, and a powder room stretching over an expansive 3,302 SF of interior space, this special residence, designed by Charles & Co, showcases a palette of crafted interior finishes along with approximately 10.5' ceilings, 7" wide plank white oak flooring, and a four-pipe HVAC system for year-round heating and cooling.
1 Available Listing for Sale for $5,950,000
Biggest profits
Last week, about 67% of Manhattan resale apartments sold at a profit. Just as Upper East Side apartments accounted for the majority of the top five sales of the week, they put on a strong showing among the biggest gainers, with eight apartments in Upper East Side neighborhoods among the 25 apartments to turn the biggest profits of the week (without accounting for inflation).
The Franklyn, #5 (Berkshire Hathaway HomeServices)
From the Listing:
Located in the heart of Greenwich Village, this generous 2-bedroom, 2-bath loft offers a unique blend of historic charm and modern comfort. Originally built in 1908, the home retains its loft-style character with soaring 11-foot ceilings, oversized windows, and an airy, open layout that welcomes natural light from three exposures. Step out of the elevator, directly into a wide, sun-filled living and dining area that seamlessly connects to a thoughtfully designed kitchen outfitted with a Sub-Zero refrigerator, Viking range, and an expansive island ideal for both cooking and casual meals.
Located in the heart of Greenwich Village, this generous 2-bedroom, 2-bath loft offers a unique blend of historic charm and modern comfort. Originally built in 1908, the home retains its loft-style character with soaring 11-foot ceilings, oversized windows, and an airy, open layout that welcomes natural light from three exposures. Step out of the elevator, directly into a wide, sun-filled living and dining area that seamlessly connects to a thoughtfully designed kitchen outfitted with a Sub-Zero refrigerator, Viking range, and an expansive island ideal for both cooking and casual meals.
333 East 80th Street (Brown Harris Stevens)
333 East 80th Street, #3C (Warburg)
From the Listing:
A delightfully charming and bright one bedroom with high ceilings and good closets in a full service building. The building has a doorman, live-in super, laundryroom and a lovely planted common area. The building is close to all transportation.
A delightfully charming and bright one bedroom with high ceilings and good closets in a full service building. The building has a doorman, live-in super, laundryroom and a lovely planted common area. The building is close to all transportation.
17 East 96th Street, #11B (Corcoran Group)
From the Listing:
Perfectly positioned in the heart of Carnegie Hill, Residence 11B at 17 East 96th Street offers the quintessential prewar experience - generous proportions, beautiful light, and a layout that balances elegance with everyday comfort. This two-bedroom home features 1.5 bathrooms, a spacious living room, formal dining room, and a windowed eat in kitchen. A gracious entry gallery anchors the home and creates a natural flow between the entertaining spaces and the private bedroom wing. The living room faces south, drawing in warm natural light that highlights its classic moldings.
Perfectly positioned in the heart of Carnegie Hill, Residence 11B at 17 East 96th Street offers the quintessential prewar experience - generous proportions, beautiful light, and a layout that balances elegance with everyday comfort. This two-bedroom home features 1.5 bathrooms, a spacious living room, formal dining room, and a windowed eat in kitchen. A gracious entry gallery anchors the home and creates a natural flow between the entertaining spaces and the private bedroom wing. The living room faces south, drawing in warm natural light that highlights its classic moldings.
1 Available Listing for Sale for $1,195,000
143 Bennett Avenue, #2R (Argo Residential)
From the Listing:
Welcome home to this spacious, open floor plan offering a myriad of layout options. Whether you need to work from home or love to entertain, you'll find the layout is perfect for that home office or large dining area. The supersized living room spans 18 feet leading to a large, double window streaming in that morning sunshine. There are 2 large coat closets in the entry and the original hardwood floors are in great condition!
Welcome home to this spacious, open floor plan offering a myriad of layout options. Whether you need to work from home or love to entertain, you'll find the layout is perfect for that home office or large dining area. The supersized living room spans 18 feet leading to a large, double window streaming in that morning sunshine. There are 2 large coat closets in the entry and the original hardwood floors are in great condition!
1 Available Listing for Sale for $295,500
Morningside Gardens, #6E (Douglas Elliman)
From the Listing:
Charming, Spacious & Bright Studio (500 SF Approx) apt with large (17'11 X 17'1) Living Area with wonderful light all day from oversized wall to ceiling windows facing East & South with open city views. Windowed Eat-in-Kitchen has nice wooden cabinets & stainless still appliances. Bathroom in freshly updated good condition, hardwood floors thru-out, extra high ceilings & generous closets, (4 in total). What a great opportunity to make this Great Apt Your New Home!
Charming, Spacious & Bright Studio (500 SF Approx) apt with large (17'11 X 17'1) Living Area with wonderful light all day from oversized wall to ceiling windows facing East & South with open city views. Windowed Eat-in-Kitchen has nice wooden cabinets & stainless still appliances. Bathroom in freshly updated good condition, hardwood floors thru-out, extra high ceilings & generous closets, (4 in total). What a great opportunity to make this Great Apt Your New Home!
1 Available Listing for Sale for $310,000
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