NYC Contracts: 1122 Madison nets nearly $75M in deals in one week; "Bubble House" finds a buyer

By CityRealty Staff | From Future New York Monday, February 2, 2026

In mid-January Legion Investment Group officially topped out their new Upper East Side condo 1122 Madison Avenue

From January 26 - February 1, 2026, a total of 164 contracts were signed in Manhattan. Not only does this mark a week over week increase in the number of contracts signed, but it helped push January 2026 to become the strongest January for residential contract activity since 2022.

Moreover, the aggregate dollar amount of contracts signed during the week rose over $500 million for the first time since mid-December 2025. This was helped along by luxury contracts signed at buildings that have pushed the envelope architecturally speaking, whether in terms of soaring height or eye-catching facades.

The top two contracts of the week were located in Extell Development buildings overlooking Central Park. Residence #82E at Central Park Tower, the tallest residential building in the Western Hemisphere, was asking $26.7 million in the highest-priced contract of the week. While that was good enough for the top sponsor contract of the week, it nevertheless represents a 23% reduction from the $34.55 million Extell initially sought for the four-bedroom unit.

But while the Central Park Tower unit showed a reduced price, the price on the next-highest contract went up: Tower Residence #43S at 50 West 66th Street was asking $23.75 million, up from the $22.25 million Extell initially marketed it for (h/t Olshan Realty market report). It was one of two contracts signed at the Upper West Side's tallest residential building last week.

Rendering of private park-facing terrace at 1122 Madison Avenue (Corcoran Group) | https://www.cityrealty.com/nyc/carnegie-hill/1122-madison-avenue/122841

Rendering of private park-facing terrace at 1122 Madison Avenue (Corcoran Sunshine) | https://www.cityrealty.com/nyc/carnegie-hill/1122-madison-avenue/122841

Across Central Park, five contracts for half-floor three- to five-bedroom apartments were signed at 1122 Madison Avenue, bringing the forthcoming 26-unit Upper East Side tower to over one-third sold. This was the most successful building in terms of the number of contracts signed, and the total dollar aggregate amount tallied up to nearly $75 million.

In mid-January, the development team led by Legion Investment Group and Nahla Capital unveiled a 22-story condominium designed by Studio Sofield with Hill West Architects. Located just one block from Central Park and The Met, the building is conceived as a modern reinterpretation of classic prewar architecture. Sculpted reliefs, signature rope-trimmed windows, and a distinguished Indiana limestone façade evoke the craftsmanship of the neighborhood’s finest private clubs and grand apartment houses.

Three contracts apiece were signed at The Village West, located at the nexus of Greenwich Village and Chelsea and nearly 70% sold, and 755 Washington Avenue, a recently launched boutique condominium in Prospect Heights. Multiple contracts were also signed at 435 West 19th Street in Chelsea, The Harper in Yorkville, The Slope on Fifth in Park Slope, Kensington Manor in Kensington, Vesta in Long Island City, and The Austin in Forest Hills.

251 East 71st Street, Upper East Side Bubble House

251 East 71st Street, also known as the Bubble House (Leslie J. Garfield) | https://www.cityrealty.com/nyc/lenox-hill/251-east-71st-street/128846/NA/hTAwkaVuGL

Also of note, 251 East 71st Street entered contract with a $5.75 million asking price, making it the fourth-highest townhouse contract of the week and set to change hands for the first time in over 50 years. Also known as the "Bubble House" for its sculptural bay windows, several of which rotate open, the brownstone formerly on the site was razed to the ground in 1969 and replaced with an ultra-modern design by architect Maurice Medcalfe that Daytonian in Manhattan describes as "Barbarella meets the Upper East Side." In addition to its unique take on bay windows, it stands out on its Upper East Side block for its sleek stucco facade.

251 East 71st Street, Upper East Side townhouse

251 East 71st Street interiors with rotating window (Leslie J. Garfield)

Mr. Medcalfe briefly lived in the house, but sold it to Arthur Schneier, Senior Rabbi of the nearby Park East Synagogue, in 1974. It is not known how much Mr. Schneier paid for it, but he listed it for the asking price in July 2025. The house is currently configured with the offices of the Appeal of Conscience Foundation on the ground floor and residential space on the upper levels. The listing notes that the interiors are in need of renovation, and Galerie notes that the house is not a New York City Landmark, meaning the unidentified buyer could alter its distinctive facade without having to involve the Landmarks Preservation Commission.

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Top NYC Contracts: January 26 - February 1, 2026

#10. Sixteen Fifth Avenue, #3
Last Ask: $10,250,000

Greenwich Village | Condominium | 3 Bedrooms, 4.5 Baths | 3,727 ft²

Sixteen Fifth Avenue, #3 (Corcoran Sunshine Marketing Group)

From the Listing: Designed by the acclaimed Robert A.M. Stern Architects, Sixteen Fifth Avenue is an exclusive boutique condominium featuring just 12 full-floor residences with two distinctive kitchen designs that include both a Classic and Contemporary lifestyle, and two exceptional penthouses in the heart of Greenwich Village. Celebrating the Contemporary, open kitchen design and featuring nearly 50 feet of prime Fifth Avenue frontage, Residence No. 3 is a one-of-a-kind three-bedroom, four-and-a-half-bath home that spans an entire floor. A private elevator opens into a gracious entry gallery, leading to a great room framed by 7'6" Wausau windows and French inswing doors, flooding the space with natural light. See full details here.

#9. 1122 Madison Avenue, #5NORTH
Last Ask: $11,825,000

Carnegie Hill | Condominium | 4 Bedrooms, 4.5 Baths | 3,178 ft²

1122 Madison Avenue, #5NORTH (Corcoran Sunshine Marketing Group)

1122 Madison Avenue has no public availabilities.

#8. 1122 Madison Avenue, #11SOUTH
Last Ask: $12,225,000

Carnegie Hill | Condominium | 3 Bedrooms, 3.5 Baths | 2,765 ft²

1122 Madison Avenue, #11SOUTH (Corcoran Sunshine Marketing Group)

From the Listing: Informed by the architectural traditions of the Upper East Side and Studio Sofield's disciplined approach to integrating contemporary living within a classical framework, the building offers a considered residential experience in one of New York City's most established neighborhoods, just one block from Central Park and The Metropolitan Museum of Art. See full details here.

1122 Madison Avenue has no public availabilities.

#7. 1122 Madison Avenue, #8NORTH
Last Ask: $12,925,000

Carnegie Hill | Condominium | 4 Bedrooms, 4.5 Baths | 3,178 ft²

1122 Madison Avenue, #8NORTH (Corcoran Sunshine Marketing Group)

From the Listing: Designed by Studio Sofield and located at the corner of Madison Avenue and East 84th Street, 1122 Madison Avenue is a collection of 26 condominium residences defined by proportion, precision, and craftsmanship. Informed by the architectural traditions of the Upper East Side and Studio Sofield's disciplined approach to integrating contemporary living within a classical framework, the building offers a considered residential experience in one of New York City's most established neighborhoods, just one block from Central Park and The Metropolitan Museum of Art. See full details here.

1122 Madison Avenue has no public availabilities.

#6. 1122 Madison Avenue, #10NORTH
Last Ask: $14,325,000

Carnegie Hill | Condominium | 5 Bedrooms, 4.5 Baths | 3,178 ft²

1122 Madison Avenue, #10NORTH (Corcoran Sunshine Marketing Group)

From the Listing: Designed by Studio Sofield and located at the corner of Madison Avenue and East 84th Street, 1122 Madison Avenue is a collection of 26 condominium residences defined by proportion, precision, and craftsmanship. The building offers a considered residential experience in one of New York City's most established neighborhoods, just one block from Central Park and The Metropolitan Museum of Art. See full details here.

1122 Madison Avenue has no public availabilities.

#5. 215 Chrystie Street, #PH3
Last Ask: $15,495,000

Lower East Side | Condominium | 4 Bedrooms, 4.5 Baths | 4,236 ft²

215 Chrystie Street, #PH3 (Compass)

From the Listing: Perched atop the iconic Herzog & de Meuron-designed tower, Penthouse 3 at 215 Chrystie is a stunning full-floor residence offering unrivaled privacy, scale, and cinematic views. This extraordinary home blends minimalist architecture by John Pawson with bold, layered interiors reimagined by AD100 designer Ken Fulk. Surrounded by 266 linear feet of floor-to-ceiling glass, the residence delivers panoramic 360-degree views across the Manhattan skyline, from sunrise to sunset. See full details here.

215 Chrystie Street has 2 public availabilities from $5.75 million.

#4. River Lofts, #3ABC
Last Ask: $16,000,000

Tribeca | Condominium | 5 Bedrooms, 5.5 Baths | 4,370 ft²

River Lofts, #3ABC (Compass)

From the Listing: Fortuitously perched along the prime southwest corner of one of Tribeca's prized full-service condominiums, this magnificent, 4,400 square foot true four-bedroom (plus study and playroom) apartment was recently renovated to the most exacting standards by Platt Dana Architects and Marie-Christine Designs. Aside from the exquisite, timeless finishes and attention to detail throughout, this exceptional home is defined by its gracious layout, 72-feet of western frontage, outstanding proportions, unobstructed Hudson River views, and superb and enduring sunlight. Two storage units transfer with apartment. See full details here.

River Lofts has one public availability asking $4.75 million.

#3. 1122 Madison Avenue, #12SOUTH
Last Ask: $22,950,000

Carnegie Hill | Condominium | 5 Bedrooms, 5.5 Baths | 4,346 ft²

1122 Madison Avenue, #12SOUTH (Corcoran Sunshine Marketing Group)

1122 Madison Avenue has no public availabilities.

#2. 50 West 66th Street, #43S
Last Ask: $23,750,000

Central Park West | Condominium | 4 Bedrooms, 4.5 Baths | 3,547 ft²

50 West 66th Street, #43S (Corcoran Group)

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. Tower Residence 43S is a gracious 3,547 interior square foot, 4-bedroom, 4.5-bath home with a 141-square-foot private loggia, spectacular Central Park and City views from the south and east exposures, 13'2"-13'6" ceilings and floor-to-ceiling windows. See full details here.

50 West 66th Street has 10 public availabilities from $6 million.

#1. Central Park Tower, #82E
Last Ask: $26,700,000

Midtown West | Condominium | 4 Bedrooms, 4.5 Baths | 4,295 ft²

Central Park Tower, #82E (Corcoran Sunshine Marketing Group)

From the Listing: Tower three-bedroom with triple prime exposures at Central Park Tower. This north, east, and south-facing, three-bedroom, three and one-half bathroom residence boasts Central Park views from the living/dining room. The formal entry foyer and gallery are fitting for this classic layout featuring ceiling heights of approximately 11'7". Floor-to-ceiling windows span the perimeter of the entire residence, filling this home with light. See full details here.

Central Park Tower has 11 public availabilities from $8.8 million.

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From Future New York Price Cuts: Steve Madden's former condo cut by $1.15M; Quadruplex penthouse at 111 West 57th drops to eight figures Thursday, January 29, 2026
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Top NYC Contracts: January 26 - February 1, 2026

#10. Sixteen Fifth Avenue, #3
Last Ask: $10,250,000

#9. 1122 Madison Avenue, #5NORTH
Last Ask: $11,825,000

1122 Madison Avenue has no public availabilities.

#8. 1122 Madison Avenue, #11SOUTH
Last Ask: $12,225,000

1122 Madison Avenue has no public availabilities.

#7. 1122 Madison Avenue, #8NORTH
Last Ask: $12,925,000

1122 Madison Avenue has no public availabilities.

#6. 1122 Madison Avenue, #10NORTH
Last Ask: $14,325,000

1122 Madison Avenue has no public availabilities.

#5. 215 Chrystie Street, #PH3
Last Ask: $15,495,000

215 Chrystie Street has 2 public availabilities from $5.75 million.

#4. River Lofts, #3ABC
Last Ask: $16,000,000

River Lofts has one public availability asking $4.75 million.

#3. 1122 Madison Avenue, #12SOUTH
Last Ask: $22,950,000

1122 Madison Avenue has no public availabilities.

#2. 50 West 66th Street, #43S
Last Ask: $23,750,000

50 West 66th Street has 10 public availabilities from $6 million.

#1. Central Park Tower, #82E
Last Ask: $26,700,000

Central Park Tower has 11 public availabilities from $8.8 million.

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Top NYC Contracts: January 26 - February 1, 2026

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