NYC's top contracts include triple-wide townhouse with basketball court; Mattress magnate finds buyer for One Beacon penthouse

By CityRealty Staff | From Future New York Monday, January 13, 2025

160 East 83rd Street, Townhouse

January 6-12, 2025 represents the first full business week of the new year, and it showed the Manhattan residential market stabilizing. While the number of contracts signed increased 35% week-over-week, the aggregate dollar amount and median ask price dipped between mid- and low-priced co-op deals and fewer blockbuster deals signed last week. However, a number of luxury contracts linked to high-profile figures were nevertheless signed during this time.

New York's highest penthouses appear to have been in the highest demand among luxury buyers. The top contract of the week was for Penthouse #54 at 277 Fifth Avenue, which was asking $20,000,000, down from the $24 million it was initially listed for when sales launched in mid-2018. Located approximately 640 feet above street level, the unidentified buyer will enjoy panoramic views in all directions from floor-to-ceiling windows, not to mention from the landscaped private loggias spanning the entire northern side of the full-floor penthouse. This sale brings the building to approximately 97% sold.

The week's second-highest apartment contract and third-highest overall was for Penthouse #54W at One Beacon Court, which was asking $16,999,900. Located approximately 730 feet above the Manhattan skyline, features include a Great Room overlooking Central Park, a windowed eat-in kitchen, and a luxurious primary suite with a windowed Jacuzzi soaking tub and private sauna.

One Beacon Court, #PH54W (Serhant)

The penthouse's asking price represents a nearly $1 million reduction from when it was initially listed in May 2023. But if it sells for this price, seller Michael Fux, Comfort Revolution founder/philanthropist, will make a profit, having bought it for $13,237,250 in September 2005. The buyer has not been identified, but another high-profile figure would not be unexpected. Notable past residents of One Beacon Court include former General Electric CEO Jack Welch, hedge fund mogul/New York Mets owner Steve Cohen, musician Beyonce, fashion designer Tina Knowles, and journalist Brian Williams.

At another skyline standout, a total of $16,650,000 across two contracts was signed at One High Line. One of them was Residence #EAST21A, which had the seventh-highest contract of the week with a $10,005,000 asking price, and both listings were located in the East Tower, where apartments with interiors by Gilles et Boissier start on top of Faena New York, the luxury hotel's first New York outpost. These unidentified buyers, like all owners at One High Line, will enjoy access to the hotel's spa, restaurant, private club, and other amenities and services, not to mention a residents-only amenity package.

Carnegie Hill mansions, Upper East Side townhouses

But for all the bells and whistles of soaring condominiums, some luxury buyers crave more privacy and space: Three townhouses were among New York's top ten contracts of the week. The top townhouse contract and second-highest overall was for 160 East 83rd Street, which was asking $17,500,000. The unidentified sellers bought it for $5 million from a portraitist in 2005 (h/t the New York Post) and listed it for $18.5 million in March 2024. In between, it has been featured on hit television shows Succession, Saturday Night Live, Younger, Law & Order: Special Victims Unit, and Person of Interest.

Elsewhere on the Upper East Side, 166 East 64th Street entered contract with an asking price of an even $10,000,000, the third-highest townhouse contract and eighth-highest overall of the week. Past residents have included theater entrepreneur and builder of The Palace Martin Beck and former Saks Fifth Avenue president Adam Gimbel. The current seller is unknown, but it is clear that the house has been beautifully preserved over the years.

Lower Manhattan condos, Downtown real estate

130 William and the Financial District

Also of note, the first full business week of January 2025 was a good one for new development condos in the Financial District. A total of $11,680,000 across three contracts was signed at 77 Greenwich Street. A pair of two-bedrooms and a four-bedroom unit feature floor-to-ceiling windows overlooking New York Harbor, custom kitchens, spa-like baths, and access to amenities that include a ninth-floor outdoor dog run and an upper level Cloud Club, where the fitness center, lounge, and dining room are enhanced by spectacular skyline and river views.

A short distance away, a total of $8,490,990 across two contracts was signed at 130 William Street. Both units are filled with incredible light and views from the building's signature arched windows; they also feature high-end material palettes, kitchens with center islands and state-of-the-art appliances, and luxuriously appointed primary suites.

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#10. 7 Bond Street, #PHAB
Last Ask: $8,995,000

NoHo | Condominium | 4 Bedrooms, 3 Baths | 3,067 ft²

7 Bond Street, #PHAB (Compass)

From the Listing: Presenting PHAB, a one-of-a-kind condo penthouse spanning 3,067 square feet with an expansive 1,200-square-foot private rooftop deck offering three exposures. Impeccably designed with rare finishes, this residence features 4 bedrooms and 3 bathrooms, exuding a seamless blend of modern sophistication and classic charm. The grand entryway welcomes you with soaring fourteen-foot ceilings, a striking concrete and steel spiral staircase, and an open floor plan highlighted by southern and eastern exposure plus dark-stained zebrawood flooring. See full details here.

7 Bond Street has no public availabilities.

#9. The Adelaide, #9thFloor
Last Ask: $9,500,000 (-17.4%)

Park/Fifth Ave. to 79th St. | Cooperative | 4 Bedrooms, 5 Baths

The Adelaide, #9thFloor (Sothebys International Realty)

From the Listing: This large, magnificently proportioned, 14-into-10 room apartment encompasses the entire 9th floor of 635 Park Avenue, a building designed in 1912 by the renowned architect J.E.R. Carpenter. One enters the apartment from a private elevator landing leading into a foyer and the memorable circular entrance gallery. This delightful and unusual space serves as the hub of the apartment and the living room, library, and stunning Biedermeier style wet bar all radiate out from it. The elegant corner living room, facing Park Avenue, is of exceptionally large size with woodburning fireplace and flows into the equally impressive sun-filled formal dining room that comfortably seats 18 people. See full details here.

The Adelaide has no public availabilities.

#8. 166 East 64th Street, #TH
Last Ask: $10,000,000

Lenox Hill | Townhouse | 5 Bedrooms, 3.5 Baths | 6,800 ft²

166 East 64th Street, #TH (Douglas Elliman Real Estate)

From the Listing: Welcome to 166 East 64th Street, an elegant Neo-classical townhouse flooded with light on a picturesque, tree-lined block. This 20'-wide, 5-story townhouse with elevator to 5 levels presents 6,800 square feet of expansive interior space, including 1,200 square feet below ground, and 4 sunny south-facing outdoor spaces with a total of 1,635 exterior square feet. In addition, it has 3,614 square feet of unused FAR (air rights) which can be used as-of-right as the house is located just outside the Upper East Side Historic District.166 East 64 provides 12 rooms, 4 outdoor spaces, 4 wood-burning fireplaces, 5 bedrooms, 3 full baths, 3 half baths, and elevator. See full details here.

#7. One High Line, #EAST21A
Last Ask: $10,005,000

Chelsea | Condominium | 3 Bedrooms, 3.5 Baths | 2,777 ft²

From the Listing: East 21A at One High Line is a three-bedroom and three-and-a-half-bathroom residence curated by Gilles & Boissier. Residence 21A features southern and western exposure overlooking the Hudson River and receiving an abundance of natural light throughout the day. The home's great room is the home's living and dining rooms blend seamlessly with the open kitchen with elegant Carnico Grigio marble floors, Molteni brushed Epicea wood and white lacquer cabinetry with cove lighting, and honed Calacatta Gold marble countertops and backsplash. A Calacatta Gold marble island with a brass patina frame is complemented by a raised St. Laurent marble. See full details here.

One High Line has 16 public availabilities from $2,130,000.

#6. The Greenwich Lane, #14B
Last Ask: $11,500,000

Greenwich Village | Condominium | 3 Bedrooms, 3.5 Baths | 2,547 ft²

The Greenwich Lane, #14B (Corcoran Group)

From the Listing: 3 bedroom & 3.5 bathroom home located at The Greenwich Lane Complex. See full details here.

The Greenwich Lane has 1 public availability asking $3,400,000.

#5. 1016 Fifth Avenue, #PHE
Last Ask: $12,500,000

Carnegie Hill | Cooperative | 3 Bedrooms, 3 Baths

1016 Fifth Avenue, #PHE (Sothebys International Realty)

From the Listing: Perfectly situated just across from the iconic Metropolitan Museum, this exquisite residence offers a rare blend of sophisticated design, panoramic views, and versatile living spaces. A private elevator landing opens to a grand gallery drenched in sunshine from the wall of south facing windows. As you enter this exclusive penthouse, you are immediately greeted by the stunning terrace that extends the full length of the residence providing an outdoor oasis with unparalleled views of the cityscape. The interior of the penthouse is an artful fusion of modern elegance and timeless design with ceilings soaring over 11 feet. See full details here.

1016 Fifth Avenue has 1 public availability asking $15,450,000.

#4. 38 West 87th Street, #TH
Last Ask: $16,500,000

Central Park West | Townhouse | 5 Bedrooms, 6+ Baths | 8,300 ft²

38 West 87th Street, #TH (Modlin Group LLC)

From the Listing: A formidable presence on a gorgeous, tree-lined block on the Upper West Side, this exceptional Queen Anne Revival-style townhouse offers over approximately 8,300 square feet of interior space and 1,100 square feet of outdoor space. Built in 1910 by prolific architect Gilbert A. Schellenger, the residence was painstakingly renovated to maintain its original pre-war details while including modern amenities and conveniences. Moments from Central Park, this 20’ wide home boasts grandly proportioned rooms with meticulous design touches and finishes. See full details here.

#3. One Beacon Court, #PH54W
Last Ask: $16,999,900

Midtown East | Condominium | 3 Bedrooms, 4.5 Baths | 4,494 ft²

One Beacon Court, #PH54W (Serhant)

From the Listing: Breathtaking views at one of the most impressive penthouses on the doorstep of Billionaires' Row! Enjoy endless sunrise-to-sunset vistas encompassing Central Park, the Hudson River, 1 World Trade Center, the Empire State Building, the East River, the Chrysler Building, the George Washington Bridge, and the Long Island City Pepsi-Cola sign. A grand foyer ushers residents into an expansive great room overlooking Central Park. Spanning over 1,000 square feet and wrapped in floor-to-ceiling windows, the space is ideal for showcasing art and hosting gatherings big and small. See full details here.

One Beacon Court has 4 public availabilities from $6,250,000.

#2. 160 East 83rd Street, #TH
Last Ask: $17,500,000 (-5.4%)

Carnegie Hill | Townhouse | 5 Bedrooms, 6+ Baths | 8,000 ft²

160 East 83rd Street, #TH (Douglas Elliman Real Estate)

From the Listing: Grand townhouse, perfect for entertaining with living, dining, kitchen, and garden all on one floor! This stately, 8,000-square-foot townhouse is flooded with natural light and boasts a cleverly designed layout that seamlessly flows from one generously-sized room to the next. A stunning spiral staircase with an eye-catching oculus at the top serves as the centerpiece of the home. Despite its polished exterior, this townhouse is not your typical New York City residence. Tucked away behind its impressive limestone facade, Doric-styled columns, and dormer windows is a mansion-like oasis. See full details here.

#1. 277 Fifth Avenue, #Penthouse54
Last Ask: $20,000,000

Flatiron/Union Square | Condominium | 4 Bedrooms, 5 Baths | 4,520 ft²

277 Fifth Avenue, #Penthouse54 (Sothebys International Realty)

From the Listing: Panoramic Manhattan skyline views from four exposures coupled with floor-to-ceiling windows, colossal Great Room, soaring 14' ceilings, expansive loggias and superior finishes make this dramatic NoMad trophy penthouse the best in class. From One World Trade to the waterways of the Hudson and East Rivers, there is no better viewpoint to see the Manhattan skyline come to life from sunrise to sunset than in the award-winning 277 Fifth Avenue, Penthouse54. See full details here.

277 Fifth Avenue has 7 public availabilities from $1,895,000.

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#10. 7 Bond Street, #PHAB
Last Ask: $8,995,000

7 Bond Street has no public availabilities.

#9. The Adelaide, #9thFloor
Last Ask: $9,500,000 (-17.4%)

The Adelaide has no public availabilities.

#8. 166 East 64th Street, #TH
Last Ask: $10,000,000

#7. One High Line, #EAST21A
Last Ask: $10,005,000

One High Line has 16 public availabilities from $2,130,000.

#6. The Greenwich Lane, #14B
Last Ask: $11,500,000

The Greenwich Lane has 1 public availability asking $3,400,000.

#5. 1016 Fifth Avenue, #PHE
Last Ask: $12,500,000

1016 Fifth Avenue has 1 public availability asking $15,450,000.

#4. 38 West 87th Street, #TH
Last Ask: $16,500,000

#3. One Beacon Court, #PH54W
Last Ask: $16,999,900

One Beacon Court has 4 public availabilities from $6,250,000.

#2. 160 East 83rd Street, #TH
Last Ask: $17,500,000 (-5.4%)

#1. 277 Fifth Avenue, #Penthouse54
Last Ask: $20,000,000

277 Fifth Avenue has 7 public availabilities from $1,895,000.

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