Price Cuts: Duplex with Gramercy Park key reduced by $1M; Two-bed condo on CPW drops price 25%

The Braender, #71 (Douglas Elliman Real Estate)

CityRealty > Market Insight > Features > Future New York >

Tuesday, Apr 22, 2025 By CityRealty Staff, CityRealty contributor

While spring 2025 has seen economic uncertainty, that has not been enough to dent New York City's traditional selling season. Buyers with children remain eager to close deals in time to move before the new school year; new buildings continue to launch sales throughout the boroughs; and inventory is relatively high--CityRealty sales listings show nearly 9,000 public availabilities in core areas.

These include two listings at The Braender (pronounced to rhyme with "gander"), a rare pre-war condominium on Central Park West. Located outside the Central Park West Historic District and named in honor of its developer, Philip Braender, architecture critic Christopher Gray describes its design by Frederick Browne as "a complicated, even chaotic mixture of French Renaissance, Spanish, and Baroque styles." The light-colored facade and intricate ornamentation were cleaned up in the midst of its conversion to condos, and Ephemeral New York rhapsodizes about the ornate lobby and compares the courtyard's entrance to that of a medieval castle.

Moreover, the building's bays allow for unique apartment layouts and gorgeous views of Central Park and the Midtown skyline. This is shown to great effect in Residence #71, a two-bedroom overlooking Central Park. It was listed for $2.2 million in September 2024, but the most recent price reduction brings it down to $1.65 million.

The apartment at The Braender was among over 250 condo, co-op, condop, and townhouse listings throughout New York City experienced price reductions from April 15-21, 2025. A selection of notable listings as well as a full chart may be found below. Please be advised that all quoted figures reflect cumulative price cuts as opposed to the most recent reductions.

Select recently reduced listings in NYC

-13.2% | -$2,499,999

Artisan Lofts, #PH
$16,495,000

Tribeca | Condominium | 5 Bedrooms, 5.5 Baths | 3,547 ft²

Artisan Lofts, #PH (AT THE FIRM)

From the Listing: Occupying the entire 18th floor, this unique residence is accessed via two private key-locked elevators and offers 3,547 square feet of sun-drenched living space. With exposures to the north, south, east, and west, the home boasts awe-inspiring views of the city's most iconic landmarks. Step into the expansive 36-foot-long main living and dining area, which can be seamlessly secured from the den and elevator bank with an electronic vault-style security door. This captivating space is adorned with a wall of oversized windows, flanked by two private terraces. See floor plan and full details here.

-11.2% | -$1,004,999

600 2nd Street, #TH
$7,990,000

Park Slope | Townhouse | 6+ Bedrooms, 4.5 Baths | 4,500 ft²

600 2nd Street, #TH (Serhant)

From the Listing: This extraordinary single-family townhouse, featured in Architectural Digest, is a masterclass in craftsmanship, seamlessly blending historic grandeur with state-of-the-art luxury. Located on one of Park Slope's most picturesque tree-lined streets, just moments from Prospect Park, this home has undergone a meticulous multi-million-dollar renovation, where every inch has been reimagined with bespoke finishes, hand-selected materials, and cutting-edge home technology. See floor plan and full details here.

Would you like to tour any of these properties?

Just complete the info below.

Select which properties are of interest to you:

400 East 59th Street
201 East 66th Street
104 East 37th Street
The Braender, 418 Central Park West
200 Central Park South
The Bakery, 521 West 47th Street
The Orion, 350 West 42nd Street
London Terrace Towers, 410 West 24th Street
Forena, 540 Sixth Avenue
Huxley, 181 East 101st Street
15 Union Square West
The Von Colon, 311 West 97th Street
Williamsburg Green, 28 Herbert Street
Artisan Lofts, 143 Reade Street
1 Lexington Avenue
Southbridge Towers, 333 Pearl Street

Or call us at (212) 755-5544

-19.7% | -$1,949,999

15 Union Square West, #30
$7,950,000

Flatiron/Union Square | Condominium | 3 Bedrooms, 3.5 Baths | 2,795 ft²

15 Union Square West, #30 (Elegran LLC)

From the Listing: Residence 30 is a 3-bedroom, 3.5-bath corner residence that offers sweeping eastern vistas of the park and the city’s eastern skyline. Its unique location ensures quiet, serene living, with minimal traffic due to Union Square’s unique traffic patterns. A gas-burning fireplace adds warmth and character to the living area, while the custom kitchen—anchored by a marble-topped island with a stainless steel base and mahogany accents—features top-tier appliances for the discerning chef. See floor plan and full details here.

-13.3% | -$999,999

1 Lexington Avenue, #5A/6A
$6,500,000

Gramercy Park | Cooperative | 5 Bedrooms, 4 Baths | 3,582 ft²

1 Lexington Avenue, #5A/6A (Douglas Elliman Real Estate)

From the Listing: Residence 5A/6A at One Lexington Avenue is a rarely available grand scale duplex home offering five bedrooms, four bathrooms, and eight unobstructed windows facing Gramercy Park. Appreciate ornate details throughout including original picture rails, moldings, and a beautifully preserved mantlepiece that surrounds a wood-burning fireplace. The building offers access to Gramercy Park. See floor plan and full details here.

-9.1% | -$501,999

Forena, #11A
$4,998,000

Chelsea | Condominium | 3 Bedrooms, 2.5 Baths | 1,648 ft²

Forena, #11A (Douglas Elliman Real Estate)

From the Listing: Residence 11A is a stunning three-bedroom filled with light from its gorgeous southern and western exposures. The 180-square-foot terrace offers incredible views up and down Sixth Avenue and ample room for sunset dining. Residence 11A was barely used as a pied-a-terre, and is offered just as it was when it was brand new, except for several cosmetic upgrades made by the current owner. See floor plan and full details here.

-14.4% | -$504,999

200 Central Park South, #14A
$2,995,000

Midtown West | Cooperative | 3 Bedrooms, 2.5 Baths | 1,740 ft²

200 Central Park South, #14A (The Agency Brokerage)

From the Listing: Experience the epicenter of NYC with epic Central Park views from your private residence. The terrace overlooking Central Park has access from the primary bedroom as well as the massive living room. The generous primary bedroom has custom walk-in closets, city sun-filled views, a marble bath with a separate tub/shower, and a double vanity sink. See floor plan and full details here.

-21.9% | -$699,999

The Bakery, #PHD
$2,495,000

Midtown West | Cooperative | 3 Bedrooms, 3.5 Baths | 2,206 ft²

The Bakery, #PHD (Douglas Elliman Real Estate)

From the Listing: Prepare to be wowed! This ultra-private and gut renovated designer triplex penthouse is a one-of-a-kind masterpiece, offering over 2,200 square feet of stunning interiors and 825 square feet of private outdoor space-all set beneath soaring 11-foot ceilings! Step into an incredible renovated open living and dining area, centered around a wood-burning fireplace and illuminated by natural southern light. See floor plan and full details here.

-7.2% | -$154,999

28 Herbert Street, #4C
$1,995,000

Williamsburg | Condominium | 2 Bedrooms, 2 Baths | 1,358 ft²

28 Herbert Street, #4C (Compass)

From the Listing: As Williamsburg's first Passive House-certified, carbon-neutral building, 28 Herbert redefines sustainable living, giving residents the opportunity to live responsibly while enjoying elegant design and modern comfort. Residence #4C's large layout features an open kitchen, a large living room, and a separate dining space. A 43-square-foot balcony provides a perfect outdoor retreat. See floor plan and full details here.

-10.2% | -$203,999

The Von Colon, #2W
$1,795,000

Riverside Dr./West End Ave. | Cooperative | 3 Bedrooms, 2 Baths | 1,400 ft²

The Von Colon, #2W (Serhant)

From the Listing: Experience a captivating Upper West Side lifestyle in this sprawling co-op at the desirable Von Colon building, a half-block from Riverside Park. Interiors are marked by spacious rooms and a flowing pre-war layout. Beautiful hardwood floors sit beneath high ceilings with recessed lighting and crown molding. Classic details include decorative red marble fireplaces, custom built-ins, and chic pocket doors. See floor plan and full details here.

-12.5% | -$249,999

The Orion, #50D
$1,750,000

Midtown West | Condominium | 2 Bedrooms, 2 Baths | 1,345 ft²

The Orion, #50D (Douglas Elliman Real Estate)

From the Listing: With north and east exposures, this unit offers breathtaking panoramic views of the Hudson River, George Washington Bridge, Times Square, Chrysler, and Empire State Buildings through its floor-to-ceiling windows. This amazing apartment is designed with a great split two-bedroom layout, an open kitchen with Bosch appliances, and an in-unit washer and dryer. It also features new NEST thermostats and a range oven. See floor plan and full details here.

-25% | -$549,999

The Braender, #71
$1,650,000

Central Park West | Condominium | 2 Bedrooms, 1 Bath | 1,535 ft²

The Braender, #71 (Douglas Elliman Real Estate)

From the Listing: Spacious two-bed features bright northeast and south exposures with spectacular Central Park, Upper East Side and Midtown skyline views, expansive gallery entry foyer, oversized turret windows in the living room, eat-in windowed kitchen, dining area, windowed bathroom, hardwood floors and generous closet space. The graceful layout provides an easy flow into each room with high ceilings and charming original prewar details. See floor plan and full details here.

-16.7% | -$299,999

400 East 59th Street, #15F
$1,495,000

Beekman/Sutton Place | Cooperative | 2 Bedrooms, 2 Baths

400 East 59th Street, #15F (Nest Seekers LLC)

From the Listing: This spacious, unique townhouse-like two-bedroom home underwent a total gut renovation by a renowned interior designer who chose super high-end materials and finishes found in $10 million homes. The living room is a magnificent masterpiece with Ivory high gloss lacquered walls, herringbone oak floors, oversized windows, 10.5’ coffered ceilings,19th century French Rouge marble mantel from Waldorf Astoria framing the wood-burning fireplace, rock crystal sconces, and beautiful and ever-changing views of the bridge, the streets, and the avenues. Electricity, cable, and heat included in maintenance. See floor plan and full details here.

-16.4% | -$195,999

London Terrace Towers, #10K
$999,000

Chelsea | Cooperative | 1 Bedroom, 1 Bath | 865 ft²

London Terrace Towers, #10K (Corcoran Group)

From the Listing: Welcome to this massive custom-built kitchen-living room experience! Step into the expansive great room featuring solid oak plank floors, skim-coated plaster walls, fresh baseboards, and upgraded electrical systems, creating a seamless and sophisticated living space. The centerpiece of this residence is a chef's smart kitchen, designed for both style and functionality. The spa-like bathroom has been fully renovated to include marble herringbone floors, subway-tiled walls, a glass-enclosed rain shower, and a porcelain pedestal sink. See floor plan and full details here.

-9.5% | -$99,999

Southbridge Towers, #6K
$950,000

Financial District | Cooperative | 2 Bedrooms, 1 Bath

Southbridge Towers, #6K (Compass)

From the Listing: This spacious two-bedroom residence with low monthly costs is ideally located in the Financial District. The large living room features a private balcony with eastern views of Downtown Manhattan and the iconic Brooklyn Bridge—an ideal spot to relax and take in the scenery. The separate, generously sized kitchen boasts ample storage space and modern stainless steel appliances. See floor plan and full details here.

-12.2% | -$120,999

Huxley, #202
$869,000

East Harlem | Condominium | 1 Bedroom, 2 Baths | 842 ft²

Huxley, #202 (Serhant)

From the Listing: Move right into this stunning 1-bedroom, 1.5-bathroom duplex home and enjoy a contemporary lifestyle at East Harlem's newest development. This home features high-end imported Italian finishes, lovely wide plank oak floors, high ceilings, custom built-in wardrobe cabinets from Santalucia Mobili, and oversized black framed windows that fully open to create an indoor/outdoor oasis. See floor plan and full details here.

-14.3% | -$99,999

201 East 66th Street, #20B
$599,000

Lenox Hill | Cooperative | Studio, 1 Bath

201 East 66th Street, #20B (Douglas Elliman Real Estate)

From the Listing: From floor to ceiling, this studio apartment is completely custom-made. The highlight is a nearly 200-square-foot private terrace with terrific southwestern views of New York City. The chic living area features an L-shaped, bespoke, Imperial blue-velvet sofa built-in, that effortlessly transforms into a queen-sized bed. Seamlessly transitioning the living space into the kitchen is a storage-filled, quartz topped island that functions as both a dining table and chef's prep space. See floor plan and full details here.

-16.2% | -$79,999

104 East 37th Street, #3F
$415,000

Murray Hill | Cooperative | 1 Bedroom, 1 Bath

104 East 37th Street, #3F (Douglas Elliman Real Estate)

From the Listing: Stunningly renovated throughout, this sun-splashed one bedroom, one bathroom home is also one of Murray Hill's best values. Boasting 11+ ceilings, the very functional floor plan offers a large open great room, dining area, and a windowed galley kitchen with Calacatta grey quartz countertops, white shaker style cabinets, under-mounted fridge, and stainless-steel appliances. Maintenance listed reflects a $500 per month credit for one year ($6,000) to be credited to purchaser at closing. See floor plan and full details here.

Would you like to tour any of these properties?

Just complete the info below.

Select which properties are of interest to you:

400 East 59th Street
201 East 66th Street
104 East 37th Street
The Braender, 418 Central Park West
200 Central Park South
The Bakery, 521 West 47th Street
The Orion, 350 West 42nd Street
London Terrace Towers, 410 West 24th Street
Forena, 540 Sixth Avenue
Huxley, 181 East 101st Street
15 Union Square West
The Von Colon, 311 West 97th Street
Williamsburg Green, 28 Herbert Street
Artisan Lofts, 143 Reade Street
1 Lexington Avenue
Southbridge Towers, 333 Pearl Street

Or call us at (212) 755-5544

Would you like to tour any of these properties?

In this article:

Select recently reduced listings in NYC

-13.2% | -$2,499,999

Artisan Lofts, #PH
$16,495,000

-11.2% | -$1,004,999

600 2nd Street, #TH
$7,990,000

Select which properties are of interest to you:

-19.7% | -$1,949,999

15 Union Square West, #30
$7,950,000

-13.3% | -$999,999

1 Lexington Avenue, #5A/6A
$6,500,000

-9.1% | -$501,999

Forena, #11A
$4,998,000

-14.4% | -$504,999

200 Central Park South, #14A
$2,995,000

-21.9% | -$699,999

The Bakery, #PHD
$2,495,000

-7.2% | -$154,999

28 Herbert Street, #4C
$1,995,000

-10.2% | -$203,999

The Von Colon, #2W
$1,795,000

-12.5% | -$249,999

The Orion, #50D
$1,750,000

-25% | -$549,999

The Braender, #71
$1,650,000

-16.7% | -$299,999

400 East 59th Street, #15F
$1,495,000

-16.4% | -$195,999

London Terrace Towers, #10K
$999,000

-9.5% | -$99,999

Southbridge Towers, #6K
$950,000

-12.2% | -$120,999

Huxley, #202
$869,000

-14.3% | -$99,999

201 East 66th Street, #20B
$599,000

-16.2% | -$79,999

104 East 37th Street, #3F
$415,000

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Price Cuts: Duplex with Gramercy Park key reduced by $1M; Two-bed condo on CPW drops price 25%

In this article:

Select recently reduced listings in NYC

-13.2% | -$2,499,999 Artisan Lofts, #PH$16,495,000

-11.2% | -$1,004,999 600 2nd Street, #TH$7,990,000

Select which properties are of interest to you:

-19.7% | -$1,949,999 15 Union Square West, #30$7,950,000

-13.3% | -$999,999 1 Lexington Avenue, #5A/6A$6,500,000

-9.1% | -$501,999 Forena, #11A$4,998,000

-14.4% | -$504,999 200 Central Park South, #14A$2,995,000

-21.9% | -$699,999 The Bakery, #PHD$2,495,000

-7.2% | -$154,999 28 Herbert Street, #4C$1,995,000

-10.2% | -$203,999 The Von Colon, #2W$1,795,000

-12.5% | -$249,999 The Orion, #50D$1,750,000

-25% | -$549,999 The Braender, #71$1,650,000

-16.7% | -$299,999 400 East 59th Street, #15F$1,495,000

-16.4% | -$195,999 London Terrace Towers, #10K$999,000

-9.5% | -$99,999 Southbridge Towers, #6K$950,000

-12.2% | -$120,999 Huxley, #202$869,000

-14.3% | -$99,999 201 East 66th Street, #20B$599,000

-16.2% | -$79,999 104 East 37th Street, #3F$415,000

Select which properties are of interest to you:

Listings in this article

Tags:

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-13.2% | -$2,499,999

Artisan Lofts, #PH
$16,495,000

-11.2% | -$1,004,999

600 2nd Street, #TH
$7,990,000

-19.7% | -$1,949,999

15 Union Square West, #30
$7,950,000

-13.3% | -$999,999

1 Lexington Avenue, #5A/6A
$6,500,000

-9.1% | -$501,999

Forena, #11A
$4,998,000

-14.4% | -$504,999

200 Central Park South, #14A
$2,995,000

-21.9% | -$699,999

The Bakery, #PHD
$2,495,000

-7.2% | -$154,999

28 Herbert Street, #4C
$1,995,000

-10.2% | -$203,999

The Von Colon, #2W
$1,795,000

-12.5% | -$249,999

The Orion, #50D
$1,750,000

-25% | -$549,999

The Braender, #71
$1,650,000

-16.7% | -$299,999

400 East 59th Street, #15F
$1,495,000

-16.4% | -$195,999

London Terrace Towers, #10K
$999,000

-9.5% | -$99,999

Southbridge Towers, #6K
$950,000

-12.2% | -$120,999

Huxley, #202
$869,000

-14.3% | -$99,999

201 East 66th Street, #20B
$599,000

-16.2% | -$79,999

104 East 37th Street, #3F
$415,000

Seven tips for getting past NYC's toughest co-op boards + Prewar gems with open houses