On the third week of September 2025, which was also the final week of summer 2025, the number of Manhattan contracts signed jumped by nearly 40% week-over-week, and the aggregate dollar amount got a boost as well. The month is not over yet, but September 2025 could be the strongest September for contract signings since the pandemic.
The highest-priced contracts of the week were almost evenly divided between Downtown and Upper East Side listings, with outliers on Billionaires' Row and the Upper West Side. Additionally, the top contracts represent a blend of gleaming new construction and older buildings with rich histories.
The highest-priced contracts of the week were almost evenly divided between Downtown and Upper East Side listings, with outliers on Billionaires' Row and the Upper West Side. Additionally, the top contracts represent a blend of gleaming new construction and older buildings with rich histories.
In this article:
533 Canal Street, #4, top co-op contract (Compass) | https://cityrealty.com/n/I2783116
At the Robert A.M. Stern Architects-designed 70 Vestry Street, Residence #5B was on the market for fewer than three weeks before entering contract with a $22.5 million ask, the week's highest by a comfortable margin. The price includes the four-bedroom condo with Hudson River views, a parking space, and a private storage room.
Public records show that the unidentified seller bought it for $16 million in September 2023. They made the purchase with an LLC; however, the building counts former power couple Tom Brady and Gisele Bundchen among past residents.
Public records show that the unidentified seller bought it for $16 million in September 2023. They made the purchase with an LLC; however, the building counts former power couple Tom Brady and Gisele Bundchen among past residents.
A short distance away, 533 Canal Street (also known as 477 Washington Street) was home to the week's top co-op contract. The full-floor Residence #4 was asking $7.4 million, the week's sixth-highest overall. Neither the seller nor the amount they paid for it is available. However, the building has attracted the likes of Academy Award-nominated actress Kirsten Dunst, Academy Award-winning actor Joaquin Phoenix, Grammy Award-winning musician Michael Stipe, and Academy Award-nominated director Gus Van Sant. Additionally, the building served as the venue for the Canal Zone party that launched Jean-Michel Basquiat's celebrated career.
Downtown Manhattan was also home to the top townhouse contract of the week. According to the listing for 80 Horatio Street, which was asking $9 million in the week's second-highest contract, it was on the market for the first time in nearly 50 years. The house is currently configured as a nine-unit rental, but is being delivered vacant.
Neither the buyer of 80 Horatio Street nor their plans for the house are available, but a single-family conversion would not be impossible. It is located in a formerly industrial section of the West Village that is now home to some of New York City's most expensive real estate; 150 Charles Street and the forthcoming 140 Jane Street are located a short distance from the building.
Neither the buyer of 80 Horatio Street nor their plans for the house are available, but a single-family conversion would not be impossible. It is located in a formerly industrial section of the West Village that is now home to some of New York City's most expensive real estate; 150 Charles Street and the forthcoming 140 Jane Street are located a short distance from the building.
126 East 86th Street, a nearly sold out Upper East Side condominium (CityRealty) | https://www.cityrealty.com/nyc/carnegie-hill/126-east-86th-street/182798
The third week of September 2025 was also a good one for new development condos on the Upper East Side. Residence #3B, a rare resale in The Benson, entered contact with a $6.95 million ask. This represents a small price reduction, but was still good enough for the week's seventh-highest contract overall. Additionally, if the three-bedroom unit (one of only two on its floor) sells for this price, the unidentified seller will make a profit, having bought it for about $6.3 million in August 2023.
Residence #19A at 126 East 86th Street was not far behind with a $6.45 million ask, the ninth-highest of the week. The full-floor residence one floor below the penthouse spans nearly 2,600 interior square feet and offers a total of 318 square feet of private outdoor space across two terraces.
With this contract, the building is nearly sold out roughly a year after closings commenced. The one public availability is a full-floor four-bedroom asking $6.75 million.
With this contract, the building is nearly sold out roughly a year after closings commenced. The one public availability is a full-floor four-bedroom asking $6.75 million.
Downtown, shortly after the first penthouse contract was signed at La Maison Collette, another followed suit. Penthouse #1, a floor-through four-bedroom with two private balconies and a private roof terrace, was asking $8.25 million in the week's fourth-highest contract overall. With this contract, only one penthouse in the building remains unspoken for; Penthouse #2 is asking $7.75 million and is among a small handful of remaining availabilities. Both penthouse contracts were signed about two months after sales launched.
Radiant (Nest Seekers LLC) | https://www.cityrealty.com/nyc/long-island-city/radiant-24-01-queens-plaza-north/185714
In Long Island City, new construction condo Radiant was the week's best-performing new development in terms of the number of contracts signed; a total of $8.25 million was signed across seven contracts. Many of the studio through two-bedroom units have private outdoor space, and all interiors feature lofty ceilings, open-concept floor plans, contemporary kitchens with integrated Bosch appliances, spa-like baths with radiant heated floors, and in-unit laundry. The unidentified buyers will have access to an array of amenities including a state-of-the-art fitness center, a basketball court, a rock climbing wall, a Finnish sauna, a courtyard with Ping Pong table, and a rooftop terrace with grilling stations and Manhattan skyline views.
The contracts were signed less than a year after sales launched and bring the building to nearly 50% sold. Remaining availabilities range from a studio for $695K to a three-bedroom for $2.55 million. Construction topped out earlier this summer, and occupancy is anticipated for the second quarter of 2026.
The contracts were signed less than a year after sales launched and bring the building to nearly 50% sold. Remaining availabilities range from a studio for $695K to a three-bedroom for $2.55 million. Construction topped out earlier this summer, and occupancy is anticipated for the second quarter of 2026.
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Top NYC contracts: September 15-21, 2025
#10. 791 Park Avenue, #14B
Last Ask: $6,400,000 (-15.2%)
Park/Fifth Ave. to 79th St. | Cooperative | 4 Bedrooms, 4.5 Baths
791 Park Avenue, #14B (Coldwell Banker Warburg)
#9. 126 East 86th Street, #19A
Last Ask: $6,450,000
Carnegie Hill | Condominium | 4 Bedrooms, 3.5 Baths | 2,592 ft2
126 East 86th Street, #19A (Douglas Elliman Real Estate)
#4. La Maison Collette, #PH1
Last Ask: $8,250,000
Greenwich Village | Condominium | 4 Bedrooms, 3 Baths | 2,789 ft2
La Maison Collette, #PH1 (Serhant)
#3. 498 West End Avenue, #9A
Last Ask: $8,995,000
Riverside Dr./West End Ave. | Condominium | 5 Bedrooms, 4.5 Baths | 3,784 ft2
498 West End Avenue, #9A (Douglas Elliman Real Estate)
80 Horatio Street, #TH (Brown Harris Stevens)
From the Listing: For the first time in nearly 50 years, 80 Horatio Street is being offered to the market, presenting a rare and remarkable renovation opportunity in the heart of the incredible West Village. Set along one of Manhattan's most coveted blocks, this property is surrounded by the neighborhood's iconic charm and character. The West Village sits at the crossroads of the Meatpacking District, West Chelsea/Hudson Yards, Greenwich Village/NYU, and SoHo-Hudson Square - placing world-class dining, shopping, cultural institutions, and the High Line just moments away. See full details here.
#1. 70 Vestry Street, #5B
Last Ask: $22,500,000
Tribeca | Condominium | 4 Bedrooms, 4.5 Baths | 3,242 ft2
70 Vestry Street, #5B (Compass)
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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