825 Fifth Avenue, #15 (Douglas Elliman) | https://www.cityrealty.com/nyc/park-fifth-ave-79th-st/825-fifth-avenue/apartment-15/AJnQHYBaEmF
In the days immediately following New York City's mayoral primary, some predicted that Zohran Mamdani's victory would have some luxury buyers feeling jittery. Between proposed policies like a tax on New Yorkers earning over $1 million, a pledged rent freeze on rent-stabilized apartments, and tougher landlord oversight, some luxury brokers told CNN that their clients were reconsidering multimillion dollar purchases or planning to leave the city.
However, it must be noted that the mayoral election is still three and a half months away and that if Mamdani wins, there is no guarantee that every one of his proposals will be enacted into law.
Moreover, as the Fourth of July holiday fell the week after the mayoral primary, slow contract activity might have been likely regardless of the winner. But when New York City returned to a full business week on July 7-13, 2025, the number of contracts signed seems to have bounced back to more typical levels. Indeed, Olshan Realty notes that slightly more luxury contracts ($4 million and up) were signed in Manhattan week-over-week, and CityRealty data shows that both the number of contracts signed and the aggregate dollar amount are up from the post-Fourth week in July 2024.
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Private terrace at 825 Fifth Avenue, #12 | https://www.cityrealty.com/nyc/park-fifth-ave-79th-st/825-fifth-avenue/apartment-15/AJnQHYBaEmF
On the first full week of July 2025, four Upper East Side listings ranked among the top ten contracts of the week. These included Residence #15 at 825 Fifth Avenue, which led the week's contracts by a comfortable margin with an asking price of $34,750,000. The fifteenth floor of the J.E.R. Carpenter-designed building was originally four units, but the unidentified seller bought them all for a total of $15,675,000 and embarked on a "triple-mint, down to the studs renovation."
The result is a magnificent full-floor apartment with a double-wide living room, a solarium, a primary suite with dual en suite baths, three private terraces, and beautiful views of Central Park. The unidentified buyer will enjoy white-glove service as well as a residents-only restaurant that also offers in-home dining.
In recent years, a new class of Upper East Side condominiums has paid tribute to prewar architecture like Carpenter's designs. These include the homes of two of the week's top ten contracts. Residence #26B at 255 East 77th Street had the week's seventh-highest contract with an $8,300,000 asking price.
The contract for the four-bedroom condo was signed shortly before closings are expected to begin later this summer. The building is 65% sold, and public availabilities range from $5,300,000 for a three-bedroom to $24,700,000 for a seven-bedroom penthouse with a stone-arched private loggia.
The contract for the four-bedroom condo was signed shortly before closings are expected to begin later this summer. The building is 65% sold, and public availabilities range from $5,300,000 for a three-bedroom to $24,700,000 for a seven-bedroom penthouse with a stone-arched private loggia.
It was slightly trailed by Residence #24C at the Robert A.M. Stern-designed 200 East 83rd Street, which was asking $7,995,000 in the eighth-highest contract. This price represents a small reduction on the three-bedroom unit, but the sellers would still make a profit if it goes for this price. They bought it from the sponsor for $6,839,025 in April 2023. A small handful of resale availabilities starts at $3,200,000.
ONE11 Residences (Douglas Elliman) | https://www.cityrealty.com/nyc/midtown-west/one11-residences-111-west-56th-street/186531
Last week, a total of $21,450,000 across four contracts was signed at ONE11 Residences, the collection of condos on the upper levels of luxury hotel Thompson Central Park. These included Penthouse C, which was asking $14,950,000 in the second-highest contract of the week. The four-bedroom duplex measure 2,783 interior square feet and includes a private roof terrace as well as a private terrace off the main living area.
Owners at ONE11 Residences enjoy access to Thompson Central Park's amenities, which include a fitness center, lounge, and concierge service. Food and beverage offerings in the hotel include the original Burger Joint, fine dining restaurant Indian Accent, and lobby bar Parker's.
Owners at ONE11 Residences enjoy access to Thompson Central Park's amenities, which include a fitness center, lounge, and concierge service. Food and beverage offerings in the hotel include the original Burger Joint, fine dining restaurant Indian Accent, and lobby bar Parker's.
Almost directly to the east of Thompson Central Park, a total of $9,725,000 across four contracts was signed at Waldorf Astoria Residences New York. Located on the upper floors of the landmarked hotel, these studio through one-bedroom units feature dedicated Concierge Closets for private deliveries, gracious interiors by Jean-Louis Deniot, kitchens by Molteni&Co, and elegant primary baths with radiant heated, custom designed mosaic marble tile floors.
The contracts were signed at a time when the Waldorf Astoria is reopening to guests. Original features like the landmarked lobby, Peacock Alley, the Chicago World's Fair clock, and the grand ballroom were restored to their former glory. Residents will have access to the hotel's amenities and services, as well as a suite of residents-only amenities. The hotel is accepting reservations for its enlarged and enhanced rooms, and residential availabilities range from a studio for $1,875,000 to a four-bedroom with private terrace for $16,785,000.
The contracts were signed at a time when the Waldorf Astoria is reopening to guests. Original features like the landmarked lobby, Peacock Alley, the Chicago World's Fair clock, and the grand ballroom were restored to their former glory. Residents will have access to the hotel's amenities and services, as well as a suite of residents-only amenities. The hotel is accepting reservations for its enlarged and enhanced rooms, and residential availabilities range from a studio for $1,875,000 to a four-bedroom with private terrace for $16,785,000.
41 Bond Street had the top Downtown contract | https://www.cityrealty.com/nyc/noho/41-bond-street/apartment-7/fyciAVIxxnLX
The top Downtown contract of the week was Residence #7 at 41 Bond Street, which was asking $9,350,000 in the fifth-highest ask overall. One of only seven units in a building with a blossoming facade, features include high ceilings, a Great Room with custom-designed fireplace, a fully vented kitchen with custom island and separate pantry, and a south-facing private balcony. The unidentified buyer will only be the second owner; public records show that the seller bought it from the sponsor for $7,076,837 in December 2011.
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192 Warren Street, #TH, top townhouse contract of the week (Elika Associates II LLC) | https://www.cityrealty.com/nyc/cobble-hill/192-warren-street/apartment-/auyySrBCEGShJ
Two Brooklyn townhouses ranked among New York City's ten highest-priced contracts of the week. Chief among them was 192 Warren Street, which was asking $8,750,000 in the week's sixth-highest contract overall. Located in the heart of the Cobble Hill Historic District, the Italianate-style house looks much as it did when it was built in 1899 on the outside. However, it has been renovated with such features as high-end kitchen appliances, a primary suite with poured concrete shower and free-standing soaking tub, and a media room with radiant heated floors.
192 Warren Street is currently configured as an owner's triplex and garden studio, but may be converted to a single-family mansion. Public records show that the seller paid $3,900,000 for it in February 2014.
192 Warren Street is currently configured as an owner's triplex and garden studio, but may be converted to a single-family mansion. Public records show that the seller paid $3,900,000 for it in February 2014.
111 Noble Street, #MF (Compass)
In the Greenpoint Historic District, the wood frame house at 111 Noble Street dates back to 1855, but underwent Landmarks Preservation Commission-approved alterations and extensions in preparation for a condo conversion. Two individual condo units - one with a private backyard, another with a private roof terrace - were listed earlier this year, but an individual buyer entered contract to buy the multi-family building for $7,200,000, the week's second-highest townhouse contract and ninth-highest ask overall. Neither the buyer nor their plans for the building have been identified.
Top NYC Contracts: July 7-13, 2025
#10. The Rushmore, #38CD
Last Ask: $6,999,999 (-3.4%)
Riverside Dr./West End Ave. | Condominium | 5 Bedrooms, 5.5 Baths | 3,585 ft2
The Rushmore, #38CD (Douglas Elliman Real Estate)
#9. 111 Noble Street, #MF
Last Ask: $7,200,000
Greenpoint | Condominium | 6+ Bedrooms, 6+ Baths | 5,753 ft2
111 Noble Street, #MF (Compass)
#8. 200 East 83rd Street, #24C
Last Ask: $7,995,000 (-5.9%)
Yorkville | Condominium | 3 Bedrooms, 3.5 Baths | 2,123 ft2
200 East 83rd Street, #24C (Compass)
#7. 255 East 77th Street, #26B
Last Ask: $8,300,000
Lenox Hill | Condominium | 4 Bedrooms, 4.5 Baths | 2,858 ft2
255 East 77th Street, #26B (Compass)
#6. 192 Warren Street, #TH
Last Ask: $8,750,000
Cobble Hill | Townhouse | 5 Bedrooms, 3.5 Baths | 4,136 ft2
192 Warren Street, #TH (Elika Associates II LLC)
#4. The Ramondo, #PHC
Last Ask: $10,999,999 (-4.3%)
Park/Fifth Ave. to 79th St. | Cooperative | 3 Bedrooms, 2 Baths
The Ramondo, #PHC (Sothebys International Realty)
#3. 35 Hudson Yards, #7401
Last Ask: $11,975,000
Midtown West | Condominium | 4 Bedrooms, 4.5 Baths | 3,848 ft2
35 Hudson Yards, #7401 (Corcoran Sunshine Marketing Group)
#2. ONE11 Residences, #PHC
Last Ask: $14,950,000
Midtown West | Condominium | 4 Bedrooms, 4 Baths | 2,783 ft2
ONE11 Residences, #PHC (Douglas Elliman Real Estate)
#1. 825 Fifth Avenue, #15
Last Ask: $34,750,000
Park/Fifth Ave. to 79th St. | Cooperative | 3 Bedrooms, 4.5 Baths
825 Fifth Avenue, #15 (Douglas Elliman Real Estate)
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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