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Nearly $700M in Manhattan sales led by 111 West 57th Street penthouse; The Odeon co-founder sells Chelsea penthouse at 142% profit

111 West 57th Street (SHOP Architects) 111 West 57th Street (SHOP Architects)
On the week ending August 15, 2026, 328 residential apartment sales were recorded in Manhattan. This is a 45 percent week-over-week jump in the number of sales logged, and the aggregate dollar amount also dramatically spiked during this time.

In this article:

The Sterling, 209 East 56th Street
The Sterling, 209 East 56th Street Midtown East
170 East End Avenue
170 East End Avenue Yorkville
531 East 87th Street
531 East 87th Street Yorkville
111 West 57th Street
111 West 57th Street Midtown West
456 West 19th Street
456 West 19th Street Chelsea

111 West 57th Street penthouse leads Manhattan sales, has top sponsor sale

111 West 57th Street, Billionaires' Row luxury condo 111 West 57th Street, home of Manhattan's top apartment sale (Sotheby's International Realty)
The highest-priced sale of the week was for Penthouse 76 at 111 West 57th Street, one of New York City's tallest and skinniest residential buildings. The duplex penthouse closed for just over $41.75 million. But while the top sale by far and more than the next two highest-priced sales combined, this came in for 23.5 percent less than the sponsor initially sought, having first listed it for $54.6 million in June 2023. It returned to the market for $49 million in July 2024, and entered contract with a $45 million ask in April 2026.
The listing for Penthouse 76, a four-bedroom with a large private terrace, notes that it was the "last remaining duplex" at 111 West 57th Street. Indeed, it was one of the last sponsor availabilities overall. At one point, a quadruplex penthouse on the uppermost levels measured over 11,480 interior square feet with 618 square feet across two private terraces, and was initially listed for $110 million. However, it has since been split into a pair of duplex penthouses. Penthouse 80, a three-bedroom duplex with a 309-square-foot private terrace, is now asking $42.5 million; directly above it, Penthouse 82 is a two-bedroom duplex with a 309-square-foot private terrace and an asking price of $40 million.
111 West 57th Street penthouse Primary bath at 111 West 57th Street, #PH76 (Sotheby's International Realty)
While Penthouse 76 at 111 West 57th Street was the week's top sponsor sale by dollar amount, other new developments reported multiple closings. The Strathmore on the Upper East Side was the top performer in terms of the number of sales recorded, with six logged last week. The Willow in Gramercy was not far behind with four, and multiple closings also took place at 565 Broome Soho, The Village West, The Florian in Gramercy, The West Residence Club on the Far West Side, and Sutton Tower in Beekman/Sutton Place.
400 East 84th Street - The Strathmore The Strathmore, top new deal by number of sales recorded
Also of note, two sales apiece were recorded at Waldorf Astoria Residences New York and Mandarin Oriental Residences Fifth Avenue, two centrally located Midtown buildings popular with second home buyers for their five-star hotel services and amenities. However, all closed for under $5 million, the threshold at which their buyers would have to pay the pied-a-terre tax.

News from Noho and Nolita

224 Mulberry Street 224 Mulberry Street
Shortly after a sale at The Puck Penthouses set a new sales record for Nolita/Little Italy, this neighborhood was home to the top Downtown sale of the week. The penthouse at 224 Mulberry Street, a four-bedroom duplex with two private terraces, sold for $16.3 million, a price that includes the penthouse, two deeded parking spaces, and a keyed storage room. But while this was good enough for the second-highest sale of the week, it also holds a more ignominious distinction of having the largest dollar loss of the week. Public records show that the LLC-listed seller bought it from the sponsor for $21 million in December 2015. The buyer, too, conducted the transaction with an LLC.
36 Bleecker Street The Schumacher
A short distance from 224 Mulberry Street, Residence #M1 at The Schumacher, a printing house turned luxury condominium with a renovation and conversion by Morris Adjmi Architects, sold for $8.6 million in the week's seventh-highest sale overall. The seller is listed as an LLC, and the buyer is a trust linked to RFR Holding co-founder Aby Rosen and art investor/collector Alberto Mugrabi, longtime friends and collaborators who founded the Lever House Art Collection, a group focused on getting artists to create site-specific works for the landmarked Lever House, in 2003. Crain's New York Business notes that with this purchase, the pair now owns all four ground-floor duplexes at The Schumacher.
Elizabeth Street Garden Elizabeth Street Garden (James and Karla Murray)
224 Mulberry Street and The Schumacher are located in some of New York City's most expensive and coveted Downtown neighborhoods, as was one of the top price gainers of the week. Scarcity might have something to do with the high prices; CityRealty listings show a total of 37 units for sale and 10 for rent in both neighborhoods. Perhaps unsurprisingly, new housing is watched particularly closely here, with the Elizabeth Street Garden as a particularly notable case in point. The New York City Council approved Haven Green, an affordable senior housing development, in 2019; but in the last days of the Adams administration, it was designated official parkland in a move that Mayor Mamdani says made it "nearly impossible" to move forward with new housing.
But while the senior housing will now rise on a vacant Lower East Side lot at 22 Suffolk Street, new housing is planned for this area. Later today, Landmarks will review an application to build a new boutique condominium at 233 Mott Street, a vacant lot directly adjacent to Residences at Prince, the condo conversion of the Old St. Patrick's School and Convent and itself an individual landmark. Developer Kings Capital bought the site for $7.6 million in July 2026, and renderings by Michael Zenreich Architect PC depict a red brick building only a little taller than its nearest neighbor. According to the presentation, five apartments will start on top of retail space and include a penthouse with a private roof terrace.
233 Mott Street, Nolita condo Renderings of 233 Mott Street (Michael Zenreich Architect PC for Landmarks Preservation Commission)

The Odeon co-founder sells Chelsea penthouse at a profit;
Lucas Samaras' estate sells his CitySpire spread

201 West 16th Street, Chelsea co-op 201 West 16th Street
Several sales linked to public figures were recorded last week, with a large number of these located in Chelsea. Notably, the penthouse at prewar Chelsea cooperative 201 West 16th Street sold for $7.5 million in the week's ninth-highest sale overall. As the sale appears to have taken place in an off-market transaction, details about the apartment are limited. However, public records list the seller as Lynn Wagenknecht, who co-founded Tribeca brasserie The Odeon with then-husband Keith McNally in 1980; decades after their divorce, she still retains ownership of this restaurant as well as the Upper West Side's Cafe Luxembourg and Cafe Cluny in the West Village, two of Mr. McNally's early ventures. Public records also show that she bought it for $3.1 million in November 2004 and sold it at a profit of 142 percent, one of the largest of the week (full details on these below).
456 West 19th Street, West Chelsea condo 456 West 19th Street, #6/7DE (Corcoran Group)
Another notable Chelsea sale was for Residence #6/7DE at 456 West 19th Street, a boutique condominium designed by Cary Tamarkin and located a short distance from the High Line. When the three-bedroom duplex was listed in March 2026, it noted that the seller, Studio Mellone founder Andre Mellone, used it as both a personal residence and a canvas for testing some of his ideas. It entered contract after three months, and just sold for $4.68 million.
341 West 29th Street, Chelsea maisonette 341 West 29th Street, #1 (Compass)
Public records list the buyers of Residence #1 at 341 West 29th Street, as Independent Spirit Award-winning filmmaker Michael Sarnoski, whose credits include Pig and A Quiet Place: Day One, and his wife, script supervisor Urshula Edwards. They bought the three-bedroom maisonette with private garden for $2.55 million, and the closing was recorded a few months after The Death of Robin Hood, a film starring Hugh Jackman that they worked on together, was released in theaters.
245 West 99th Street, Upper West Side condo Ariel West, #4B (Brown Harris Stevens)
Additionally, Residence #4B at Upper West Side condominium Ariel West sold for over $3.5 million. Public records identify the buyers as Daytime Emmy Award-winning journalist Faith Salie, a contributor to CBS This Morning and NPR's Wait Wait...Don't Tell Me!, and her husband, media executive John Semel.
Also of note, public records show that the estate of Lucas Samaras, a Greek-American sculptor, painter, and photographer, sold two neighboring apartments at Billionaires' Row adjacent condominium CitySpire for a total of $3.175 million. Mr. Samaras' executor is listed as Arne Glimcher, the founder of Pace Gallery, which represented Mr. Samaras for more than fifty years, and the sale was recorded over two years after his death in March 2024. The same LLC is listed as the buyer of both the two-bedroom Residence #6204, which Mr. Samaras kept as a residence, and the one-bedroom Residence #6205, which he used as a studio, suggesting that a combination might be in order.
150 West 56th Street CitySpire







Top Manhattan apartment sales


500 West 18th Street, West Chelesa luxury condo One High Line, #W24C (Corcoran Group)
West Chelsea condo
NYC luxury condo
NYC luxury condo
NYC three-bedroom floor plan
From the Listing:
West 24C at One High Line is a 2,635-square-foot three-bedroom and three-and-a-half-bathroom corner residence curated by Gabellini Sheppard Associates. This remarkable home features open northern and western exposure revealing expansive city skyline and Hudson River views. The primary suite, complete with floor-to-ceiling windows, overlooks the Hudson River and welcomes natural light throughout the day with magnificent sunsets at dusk.
14 Available Listings for Sale from $2,650,000
1 Available Listing for Rent for $20,000

15 West 26th Street, NoMad loft condo 10 Madison Square West, #12D (Compass)
NoMad loft condo living room
Madison Square Park views
Loft condo floor plan
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From the Listing:
Residence 12D is the most desirable line at 10 Madison Square West with a rare triple exposure, East, South, and West, showcasing incredible light and iconic views of Madison Square Park. Spanning 3,309 square feet of thoughtfully designed living space, this home defines modern luxury in the heart of Flatiron. Step inside through a gracious foyer that flows into a spacious gallery, a refined introduction to the home’s refined interior. To the right, a walk-in closet and powder room provide thoughtful convenience for guests.
2 Available Listings for Sale from $4,250,000

170 East End Avenue, Yorkville condo 170 East End Avenue, #PH1B (Corcoran Group)
Penthouse floor plan
From the Listing:
12,000 square feet amenity include a fully equipped gym, squash court, golf simulator, toddlers play room and art room, billiards room, 40 seat screening room, library and a interactive center with high tech, latest invention arcade games. Peter Marino designed landscaped private garden and waterfall with seating. Also has an on-site parking garage. Spectacular views overlooking East River and Carl Schurz Park.
4 Available Listings for Sale from $3,395,000

224 Mulberry Street, Nolita loft condo 224 Mulberry Street, #7 (Douglas Elliman)
Nolita penthouse
NYC luxury penthouse
NYC penthouse terrace
NYC penthouse floor plan
From the Listing:
The Penthouse at 224 Mulberry is a custom, one-of-a-kind duplex residence crowning one of downtown Manhattan's premier full-service boutique pre-war condominiums. This extraordinary residence boasts approx. 5,646 square feet of vast interior living and entertaining space, with over 985 square feet of private outdoor space, offering a rare combination of scale with 360 degrees of open views and light. There are 2 deeded parking spaces and a keyed storage room on the cellar level that are included with the apartment.

111 West 57th Street, Billionaires' Row supertall 111 West 57th Street, #PH76 (Sotheby's International Realty)
Billionaires' Row penthouse
Billionaires' Row luxury penthouse
NYC penthouse with private terrace
NYC duplex penthouse floor plan
NYC duplex penthouse floor plan
From the Listing:
Designed by the award-winning Studio Sofield, recognized for their impeccable quality of craftsmanship, this spectacular Duplex Penthouse offers 6,512 interior square feet and 309 exterior square feet of opulent living. It features 4 bedrooms and 4.5 bathrooms, with interior design and furnishings created in partnership between The Met, Eichholtz, and IMG. Floor 76: A direct elevator Entry Gallery, finished with white macauba stone, provides a grand entrance into the Great Room which offers 14-foot ceilings and floor-to-ceiling windows, showcasing breathtaking views of Central Park. Last remaining duplex.
5 Available Listings for Sale from $24,500,000

Biggest profits

53 North Moore Street, Tribeca condo The North Moore, #PHC, top price gainer of the week (Corcoran Group)
Last week, approximately 63% of resale Manhattan apartments sold at a profit, a figure similar to the previous week. This week's resales had a median dollar gain of $45,000 and median appreciation of 4.7%. Among winners only, the median gain was much stronger at $175,000, or 15.7%, while losing resales had a median decline of $150,000, or 10.2%.

By neighborhood, the West Village was the standout, with all six matched resales gaining and a median appreciation of about 33.8%. Greenwich Village also went 4-for-4. Softer pockets this past week were Central Park West and Midtown West.


209 East 56th Street, Midtown East co-op The Sterling, #8D (Brown Harris Stevens)
Midtown East co-op
One-bedroom floor plan
From the Listing:
elcome to this beautifully renovated and sunny south-facing one-bedroom, one-bathroom in a full-service co-op, ideally located on 56th Street between Second and Third Avenues. Upon entering the apartment, you are greeted by a fully fitted and oversized coat and storage closet, as well as an additional multipurpose closet that can be used as a pantry. The living room offers space for separate living and dining areas, with three large south-facing windows, hardwood floors throughout, and beautiful built-ins that provide additional storage.
3 Available Listings for Sale from $400,000

722 Broadway, Noho co-op 722 Broadway, #5 (Douglas Elliman)
Noho loft co-op
Floor-through co-op floor plan
From the Listing:
Welcome to Residence 5 at 722 Broadway, a stunning, full-floor loft in the heart of NoHo offering 3 bedrooms and 2 beautifully renovated bathrooms, complete with direct elevator access into your home. Step off the elevator into a gracious foyer featuring a large coat closet and an immediate sense of calm. Just off the entry, the serene primary suite is framed by elegant double doors and bathed in natural light from oversized windows.

201 West 16th Street, Chelsea co-op 201 West 16th Street

531 East 87th Street, Yorkville co-op 531 East 87th Street, #4C (Brown Harris Stevens)
Yorkville co-op
One-bedroom floor plan
From the Listing:
Enter into serenity in this beautifully renovated prewar one-bedroom, tucked away on a tree-lined street moments from Carl Schurz Park and Gracie Mansion. From the moment you enter, it feels like home. The windowed kitchen has been thoughtfully updated, the marble bathroom features a sleek walk-in shower, and classic oak strip hardwood floors run throughout. A generously proportioned living and dining area, through-the-wall A/C, and a bedroom that comfortably fits a queen-size bed complete the layout.

53 North Moore Street, Tribeca condo The North Moore, #PHC (Corcoran Group)
Tribeca penthouse
NYC penthouse with private terrace
NYC penthouse floor plan
From the Listing:
Perched on the top floor of one of Tribeca's most celebrated landmarked buildings, Penthouse C is an exceptional corner loft - light-filled, generously scaled, and crowned by a rare private roof deck. Wraparound oversized windows frame sweeping views over Tribeca's landmarked rooftops and cobblestone streets.

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