From October 7-13, 2025, over 300 for-sale units in core New York City areas experienced price reductions, including a number of listings in new development condos. Shortly after its screen-famous penthouse had its price reduced, two resale units at 200 Amsterdam experienced price cuts. The sellers could still make a profit at these adjusted prices, but not if they go much lower. Multiple price cuts also took place at new developments like The Solaire in Battery Park City, 503 Clinton Avenue in Clinton Hill, and 569 Saint Marks Avenue in Crown Heights.
-13.5% | -$155,000
503 Clinton Avenue, #3B
$995,000
Clinton Hill | Condominium | 2 Bedrooms, 2 Baths | 821 ft2
503 Clinton Avenue, #3B (Corcoran Group)
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In NoMad, Amazon founder Jeff Bezos' extensive purchases at office turned boutique condominium 212 Fifth Avenue remain Downtown Manhattan's most expensive sale. The penthouse and three units directly under it were recorded as separate purchases, but came to over $96 million.
A few floors down, Residence #17A offers beautifully designed rooms and views of Madison Square Park. Less than eight years after buying it from the sponsor for $15.65 million, the seller listed it for $24.5 million in February 2025. However. its most recent price reduction brings it down to just under $18 million.
A few floors down, Residence #17A offers beautifully designed rooms and views of Madison Square Park. Less than eight years after buying it from the sponsor for $15.65 million, the seller listed it for $24.5 million in February 2025. However. its most recent price reduction brings it down to just under $18 million.
-26.6% | -$6,505,000
212 Fifth Avenue, #17A
$17,995,000
Flatiron/Union Square | Condominium | 4 Bedrooms, 4.5 Baths | 4,155 ft2
212 Fifth Avenue, #17A (Sothebys International Realty)
Also of interest, the Neo-Grec townhouse at 169 East 94th Street had its price reduced. It was the New York home of abstract impressionist artist Paul Jenkins, whose friendships with artists like Jackson Pollock, Mark Rothko, and Willem de Kooning inspired his own work. His paintings are included in the collections of the Guggenheim Museum (which is not far from the house), the Whitney Museum, the Tate, and Centre Pompidou, among many others.
Several of Mr. Jenkins' prints and drawings may be seen throughout the house, and the buyer can choose to keep them or donate them to the Paul and Suzanne Jenkins Foundation. The house was listed for $5.25 million in May 2025, but the price reduction brings it down to $4.75 million.
Several of Mr. Jenkins' prints and drawings may be seen throughout the house, and the buyer can choose to keep them or donate them to the Paul and Suzanne Jenkins Foundation. The house was listed for $5.25 million in May 2025, but the price reduction brings it down to $4.75 million.
-5.7% | -$300,000
169 East 94th Street, #TH
$4,950,000
Carnegie Hill | Townhouse | 6+ Bedrooms, 2.5 Baths
169 East 94th Street, #TH (Brown Harris Stevens Residential Sales LLC)
A selection of notable listings, as well as a full chart of last week's price cuts, may be seen below. Please be advised that all quoted figures reflect cumulative price cuts as opposed to the most recent reductions.
Recently reduced listings
-16.4% | -$2,450,000
The Intercontinental, #12ABC
$12,500,000
Midtown West | Condop | 6+ Bedrooms, 6+ Baths | 5,310 ft2
The Intercontinental, #12ABC (Compass)
-11.2% | -$755,000
1220 Park Avenue, #12B
$5,995,000
Carnegie Hill | Cooperative | 5 Bedrooms, 4 Baths
1220 Park Avenue, #12B (Compass)
-10% | -$600,000
The Park East, #PHB
$5,395,000
Flatiron/Union Square | Condominium | 3 Bedrooms, 3 Baths | 2,100 ft2
The Park East, #PHB (Platinum Properties)
-13.2% | -$605,000
The Glass Farmhouse, #11G/12G
$3,995,000
Midtown West | Condominium | 2 Bedrooms, 2.5 Baths | 2,638 ft2
The Glass Farmhouse, #11G/12G (Compass)
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-13.8% | -$620,000
215 East 72nd Street, #12E
$3,875,000
Lenox Hill | Cooperative | 4 Bedrooms, 4 Baths | 2,500 ft2
215 East 72nd Street, #12E (Coldwell Banker Warburg)
The Atelier, #4M (Compass)
-6.4% | -$205,000
70 West 3rd Street, #PH3
$2,995,000
Greenwich Village | Condominium | 3 Bedrooms, 2 Baths | 2,000 ft2
70 West 3rd Street, #PH3 (Digs Realty Group LLC)
-14.4% | -$505,000
Lyla, #5B
$2,995,000
Chelsea | Condominium | 2 Bedrooms, 2 Baths | 1,880 ft2
Lyla, #5B (Compass)
-15.7% | -$550,000
19 East 88th Street, #15G
$2,950,000
Carnegie Hill | Cooperative | 2 Bedrooms, 2 Baths
19 East 88th Street, #15G (Sothebys International Realty)
-6.7% | -$200,000
The Westly, #10D
$2,795,000
Riverside Dr./West End Ave. | Condominium | 2 Bedrooms, 2.5 Baths | 1,411 ft2
The Westly, #10D (Corcoran Group)
-20.3% | -$649,999
481 West 145th Street, #TH
$2,550,000
Hamilton Heights | Townhouse | 4 Bedrooms, 3.5 Baths | 3,666 ft2
481 West 145th Street, #TH (Serhant)
-13.6% | -$395,000
Cielo, #6B
$2,500,000
Yorkville | Condominium | 2 Bedrooms, 2.5 Baths | 1,420 ft2
Cielo, #6B (Compass)
-17.3% | -$470,000
77 Greenwich Street, #24D
$2,250,000
Financial District | Condominium | 2 Bedrooms, 2.5 Baths | 1,371 ft2
77 Greenwich Street, #24D (Reuveni LLC)
-9.1% | -$200,000
Kirkman Lofts, #4G
$2,000,000
DUMBO | Condominium | 2 Bedrooms, 2 Baths | 1,275 ft2
Kirkman Lofts, #4G (Compass)
-10.3% | -$205,000
21 East 90th Street, #2D
$1,790,000
Carnegie Hill | Cooperative | 3 Bedrooms, 2 Baths | 1,600 ft2
21 East 90th Street, #2D (Corcoran Group)
-10.4% | -$175,000
476 Hancock Street, #3
$1,500,000
Bedford-Stuyvesant | Condominium | 3 Bedrooms, 2.5 Baths | 1,465 ft2
476 Hancock Street, #3 (Compass)
-17.3% | -$251,000
35 West 92nd Street, #8A
$1,199,000
Central Park West | Cooperative | 2 Bedrooms, 2 Baths
35 West 92nd Street, #8A (The Agency Brokerage)
-16.1% | -$191,000
48 Gramercy Park North, #4B
$999,000
Gramercy Park | Cooperative | 1 Bedroom, 1 Bath | 650 ft2
48 Gramercy Park North, #4B (Corcoran Group)
-15% | -$176,000
Turtle Bay Towers, #4L
$999,000
Turtle Bay/United Nations | Condop | 2 Bedrooms, 1 Bath
Turtle Bay Towers, #4L (Keller Williams NYC)
-11% | -$115,000
Salvation Lofts, #1H
$935,000
Clinton Hill | Condominium | 1 Bedroom, 1 Bath | 704 ft2
Salvation Lofts, #1H (Compass)
-18.3% | -$200,000
The Sycamore, #14B
$895,000
Gramercy Park | Condominium | 1 Bedroom, 1.5 Baths | 836 ft2
The Sycamore, #14B (Compass)
The New York Towers, #18F (Compass)
The Guardsman, #1G (Sothebys International Realty)
-9.3% | -$51,000
244 Riverside Drive, #2F
$499,000
Riverside Dr./West End Ave. | Cooperative | 1 Bedroom, 1 Bath
244 Riverside Drive, #2F (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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