Price Cuts: Firehouse condo hosed down 25% to $599K; UWS duplex by Muriel Brandolini shaves $500K off ask

By CityRealty Staff | From Future New York Wednesday, February 5, 2025

Williamsburg Firehouse Lofts, #2L (Corcoran Group)

From January 28 - February 3, 2025, about 180 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. Several were located in highly desirable New York neighborhoods, albeit some that might have more available units than interested buyers at the current price points.

As an example, the price cuts included two units at 70 Charlton Street, a condominium located in the heart of what is now known as Hudson Square. Google's new headquarters at St. John's Terminal opened in February 2024, and Disney's new Downtown headquarters opened in December 2024. The area has also seen an influx of residential development, but 70 Charlton Street was an earlier entrant.

Further uptown, the final availability at the Selldorf Architects-designed Park House Chelsea also had its price reduced. This duplex penthouse features direct elevator access, a large living room with gas fireplace, excellent privacy between living and sleeping space, and not one but two private terraces -- one off the living room, one private roof terrace with outdoor fireplace.

But for all these perks, Park House Chelsea is located in a competitive market with taller, flashier buildings offering extensive amenity packages, and remains one unit short of sellout. The penthouse was listed for $9.495 million in January 2024, and the price has slowly dropped since then. The most recent price cut brings it down to $8.5 million.

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.

-12.0% | $3,550,000

520 Park Avenue, #30
$25,950,000

Park/Fifth Ave. to 79th St. | Condominium | 3 Bedrooms, 4 Baths | 4,600 ft²

520 Park Avenue, #30 (Modlin Group LLC)

From the Listing: Elegance is elevated to new heights in this artfully renovated simplex, stretching over 4600 square feet. Join an exclusive community of only 35 residences at 520 Park Avenue, the most striking building on the Upper East Side. See floor plan and full details here.

-10.5% | -$955,000

Park House Chelsea, #PHW
$8,500,000

Chelsea | Condominium | 3 Bedrooms, 3.5 Baths | 3,005 ft²

Park House Chelsea, #PHW (Compass)

From the Listing: Duplex penthouse with a private terrace and a huge roof deck designed by Annabelle Selldorf! The elevator door opens directly into Penthouse A, which features a gracious entry gallery that leads you to a large living room anchored by a gas fireplace leading out directly to a private 252-square-foot terrace. The adjoining dining area also accesses this terrace and is adjacent to the chef's kitchen which features Bulthaup cabinetry, natural aluminum full height cabinets, and Alpine white matte lacquer under-counter cabinetry. Private storage and a prepaid five-year membership at Chelsea Piers or Equinox included. See floor plan and full details here.

-7.8% | -$505,000

The Umbria, #9/10C
$5,995,000

Riverside Dr./West End Ave. | Cooperative | 5 Bedrooms, 3.5 Baths

The Umbria, #9/10C (Brown Harris Stevens Residential Sales LLC)

From the Listing: Realized through an extensive and meticulous renovation, Residence 9/10C is an exceptional representation of prewar scale and contemporary architecture perfected by renowned designer Muriel Brandolini. This residence consists of a 10th floor entertaining level with a massive entertaining living room, a grand formal dining room, a stylish library with wet bar, a sprawling double-windowed eat-in kitchen and a windowed powder room. The entire home is powered by a Crestron system, and there is central air conditioning throughout as well as built-in sound. See floor plan and full details here.

-21.1% | $1,475,000

The Pulitzer Mansion, #PH
$5,500,000

Park/Fifth Ave. to 79th St. | Cooperative | 3 Bedrooms, Unknown Baths

The Pulitzer Mansion, #PH (Sothebys International Realty)

From the Listing: Comprised of the top two floors of The Pulitzer Mansion, this unique duplex apartment combines old world charm, and elegance. The six room apartment is truly unique with its oversized entertaining spaces and a terrace of approximately 750 square feet. Stepping off the elevator, the great room is accessed from the foyer via a few stairs. This grand room has a double height 16.5’ceiling, and a second floor viewing gallery. There is a magnificent wood-burning fireplace with an antique ornate mantlepiece, original stained glass panes in the 17 windows. See floor plan and full details here.

-15.1% | -$950,000

15 Central Park West, #8J
$5,350,000

Central Park West | Condominium | 2 Bedrooms, Unknown Baths | 1,474 ft²

15 Central Park West, #8J (Engel & Volkers New York Real Estate LLC)

From the Listing: Located in one of Manhattan’s most prestigious addresses, Residence 8J is a bright and elegant 2-bedroom home. Expansive floor-to-ceiling windows bathe the apartment in natural light, showcasing western views over tree-lined Broadway and northern views toward Lincoln Center. The gracious living and dining area is enhanced by dual corner exposures, providing a perfect setting for entertaining. A Juliette balcony enhances the indoor-outdoor experience, allowing you to enjoy fresh air and the vibrant city atmosphere. See floor plan and full details here.

-26.5% | $1,800,000

The Plaza, #1605
$5,000,000

Midtown West | Condominium | 1 Bedroom, 1.5 Baths | 1,212 ft²

The Plaza, #1605 (Douglas Elliman Real Estate)

From the Listing: Direct Views of Central Park. Residents enter through a separate entrance on Central Park South and have access to the 5-star hotel services of the Plaza: 24/7 room service, daily housekeeping, the Plaza Hotel Gym and Guerlain Spa. See floor plan and full details here.

-4.8% | -$200,000

The Treadwell, #20A
$3,950,000

Lenox Hill | Condominium | 3 Bedrooms, 3 Baths | 1,681 ft²

The Treadwell, #20A (Brown Harris Stevens Development Marketing LLC)

From the Listing: This floor-through residence offers floor-to-ceiling windows framing dynamic views over the Treadwell Farm Historic District to Central Park. The spacious living and dining area is replete with 10-foot ceilings, white oak floors, and custom millwork. Mindful lighting adds warmth and a full suite of Miele appliances ensures premium-caliber performance. Enjoy an abundance of morning light from the east-facing primary suite and secondary bedrooms. See floor plan and full details here.

-35.0% | $1,750,000

Olympic Tower, #42H
$3,250,000

Midtown East | Condominium | 2 Bedrooms, 2.5 Baths | 1,780 ft²

Olympic Tower, #42H (Douglas Elliman Real Estate)

From the Listing: 641 Fifth Avenue Apt. 42H Extraordinary Opportunity NOW $3,250,000 Apt. 42H with views of Saint Patrick's Cathedral and the Empire State Building, and West with views of the Hudson.Perched on the 42nd floor of the classic Olympic Tower and now define the world-renowned building's current magnificent flexible and creative residential option. See floor plan and full details here.

-20% | -$750,000

The Yosemite, #2W
$3,000,000

Park/Fifth Ave. to 79th St. | Cooperative | 3 Bedrooms, 3.5 Baths | 3,500 ft²

The Yosemite, #2W (Corcoran Group)

From the Listing: Welcome to Apartment 2W at 550 Park Avenue, a sprawling eight-room residence encompassing approximately 3,500 square feet. Step off a private elevator into an elegant gallery, perfect for showcasing an art collection. The gallery opens into a grand living and dining room that stretches nearly 50 feet, ideal for hosting large gatherings. With 10-foot ceilings and oversized windows that offer tree-top views of the iconic Colony Club, this space exudes timeless sophistication! See floor plan and full details here.

-3.2% | $100,000

70 Charlton, #11A
$2,998,000

SoHo | Condominium | 3 Bedrooms, 2 Baths | 1,504 ft²

70 Charlton, #11A (Compass)

From the Listing: Residence #11A is a stunning 3-bedroom, 2-bathroom residence perfectly situated at the crossroads of Soho, Tribeca, and the West Village in downtown Manhattan. This stunning south-facing home boasts an expansive great room with a gourmet open kitchen, fully equipped with top-of-the-line Miele appliances, including a dishwasher, oven, speed oven, and a 5-burner ventilated cooktop. The primary suite is a sanctuary of comfort, featuring two enormous closets, both custom-built by California Closets. Tax abatement in effect until 2037. See floor plan and full details here.

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-9.3% | -$255,000

The Glass Farmhouse, #8C
$2,495,000

Midtown West | Condominium | 2 Bedrooms, 2 Baths | 1,900 ft²

The Glass Farmhouse, #8C (Compass)

From the Listing: Enhanced by striking architectural details such as steel columns, exposed brick, and soaring 14-foot ceilings, this home seamlessly combines sophistication with distinctive character. Upon entry, you’ll be welcomed by streams of natural light pouring in through oversized windows, creating a serene atmosphere amidst the vibrant city life. The eastern and northern exposures enhance the ambiance, while a decorative fireplace serves as a stunning focal point, seamlessly connecting the expansive living and dining areas—ideal for entertaining or unwinding in style. See floor plan and full details here.

-5% | -$120,000

111 Murray Street, #11C
$2,280,000

Tribeca | Condominium | 1 Bedroom, 1 Bath | 829 ft²

111 Murray Street, #11C (Compass)

From the Listing: Welcome to a sophisticated urban sanctuary at 111 Murray Street, where timeless luxury and sweeping city views define this stunning corner one-bedroom residence. A gracious foyer leads you into the light-filled living and dining area, surrounded by floor-to-ceiling glass walls that frame stunning southern and eastern views. The open-concept kitchen is a culinary masterpiece, anchored by a Calacatta Borghini marble island with a seamless waterfall edge that extends across the counters and backsplash. In the north wing, the serene bedroom enjoys natural light from expansive windows and offers ample storage with dual closets. See floor plan and full details here.

-10.2% | -$245,000

The 155 Condominium, #12K
$2,150,000

Murray Hill | Condominium | 3 Bedrooms, 3 Baths | 2,200 ft²

The 155 Condominium, #12K (Compass)

From the Listing: Welcome to Residence #12K, a stylish and renovated three-bedroom and three-bath condominium with a home office and terrace in the heart of the historic section of Murray Hill. This corner residence features an expansive living room with options for multiple seating arrangements and a wall of sunny southern and western windows providing beautiful light all day long. A separate dining area is spacious enough for the largest of dinner parties and an additional solarium space creates options for bonus living space, a breakfast nook, or a gallery all with stunning southwest exposures and city views including the Empire State Building. See floor plan and full details here.

-9.1% | -$200,000

CitySpire, #5603
$1,995,000

Midtown West | Condominium | 2 Bedrooms, 2 Baths | 1,100 ft²

CitySpire, #5603 (The Agency Brokerage)

From the Listing: Once the residence of renowned designers Donald and Lisa Pliner, this exquisite condo redefines upscale city living. Spanning 1,100 square feet on the 56th floor, this bright and beautifully crafted home features two generously sized bedrooms, each with a marble ensuite bathroom, offering both comfort and privacy. Expansive windows throughout the space provide stunning views of the Hudson River, Central Park, and the iconic Manhattan skyline, filling the home with natural light. High ceilings enhance the open, airy feel, creating a peaceful haven in the heart of the city. See floor plan and full details here.

-7.3% | -$145,000

The Bindery, #1G
$1,850,000

Financial District | Condominium | 2 Bedrooms, 2 Baths | 1,779 ft²

The Bindery, #1G (Serhant)

From the Listing: Contemporary luxury meets historic charm in this spectacular duplex condo nestled in the trendy Seaport District. Seconds from exciting dining, shopping, and nightlife, this stunning Lower Manhattan gem boasts a wraparound patio, a wood-burning fireplace, exposed brick walls, a spiral staircase, and a spacious storage loft. The open-plan living room, dining room, and kitchen are perfect for entertaining, lounging, and everything in between. Downstairs, a welcoming foyer leads into a central recreation room ideal as a home office or den. See floor plan and full details here.

-9.1% | -$150,000

Chelsea Mews, #PH12C
$1,500,000

Chelsea | Cooperative | 1 Bedroom, 1.5 Baths

Chelsea Mews, #PH12C (Serhant)

From the Listing: This bright and airy duplex loft features 11-foot ceilings and oversized south-facing windows that flood the space with natural light, offering open city views. The expansive private terrace, with southern, eastern, and western exposures, provides sweeping vistas of Lower Manhattan and is a serene escape perfect for relaxing or entertaining. The first level boasts an open, sun-drenched living space, complemented by a newly renovated kitchen designed for culinary enthusiasts. Upstairs, a stylish custom staircase leads to the spacious primary bedroom, offering privacy and comfort. See floor plan and full details here.

-11.8% | $200,000

5th on the Park, #15A
$1,495,000

East Harlem | Condominium | 3 Bedrooms, 2 Baths | 1,440 ft²

5th on the Park, #15A (Corcoran Group)

From the Listing: Welcome to your slice of urban paradise located in the heart of Harlem at 1485 Fifth Avenue. Residence 15A, a stunning condominium situated in a top-tier high-rise, offers wide open, inspirational views from every window in the residence. Brimming with chic design features, this stylish condo is a stunning oasis featuring 3 spacious bedrooms and 2 bright bathrooms spread across 1,440 square feet of beautiful polished hardwood floor space. See floor plan and full details here.

-6.5% | -$100,000

Oosten, #510
$1,450,000

Williamsburg | Condominium | 2 Bedrooms, 2 Baths | 1,176 ft²

Oosten, #510 (Compass)

From the Listing: Boasting a generous 1,176 square feet of carefully designed living space, this home offers tranquil views of The Oosten's lush courtyard, providing a peaceful retreat from the city’s hustle and bustle. The expansive living area seamlessly flows into the open kitchen, complete with a dining counter, maximizing the space for effortless living. Each of the two spacious bedrooms features its own en-suite bathroom, ample closet space, and individual temperature control. A storage unit is included, and garage parking is available for an additional monthly fee or for purchase. See floor plan and full details here.

-20.4% | $345,000

The Vantage, #22A
$1,350,000

Murray Hill | Condominium | 2 Bedrooms, 2 Baths | 1,295 ft²

The Vantage, #22A (Douglas Elliman Real Estate)

From the Listing: Landmarked and unobstructed City views from this high floor two bedroom, two bathroom condominium from the South, East and West exposures. The expansive living and dining room offers views of the East River, lower Manhattan and Empire State Building. See floor plan and full details here.

-10.9% | -$150,000

The Park Loggia, #3D
$1,225,000

Lincoln Center | Condominium | Studio, 1 Bath | 657 ft²

The Park Loggia, #3D (Brown Harris Stevens Residential Sales LLC)

From the Listing: Discover unparalleled elegance and comfort in this meticulously designed, XXX mint studio apartment at The Park Loggia. The studio boasts 10' high ceilings that create an open, airy ambiance, enhanced by wide plank white oak floors. The beautifully appointed kitchen is a cook's dream, featuring a top-of-the-line Miele appliance package. One of the standout features of this apartment is its expansive private terrace facing west and offering a perfect setting for relaxation and entertaining, with ample room to enjoy the outdoors. See floor plan and full details here.

-11.5% | $150,000

The Concorde, #12J
$1,150,000

Lenox Hill | Condominium | 1 Bedroom, 1 Bath | 700 ft²

The Concorde, #12J (Douglas Elliman Real Estate)

From the Listing: Reduced by $100,000. 12J is in mint condition as a newly renovated one-bedroom in a full-service condo in Lenox Hill. Ideally located in Lenox Hill, The Concorde is a luxury condo with an extensive amenity package that includes 24/7 doorman and concierge, valet and garage parking, newly renovated penthouse floor health club and gym, private garden, swimming pool, roof deck for outdoor entertaining, sauna and massage rooms, valet dry cleaning services, children's playroom, storage, bike room, and laundry facilities. See floor plan and full details here.

-5.4% | -$51,000

East Winds, #30G
$899,000

Yorkville | Condominium | 1 Bedroom, 1 Bath | 706 ft²

East Winds, #30G (Sothebys International Realty)

From the Listing: Perched on a high floor, this one-bedroom, one-bathroom apartment offers excellent natural light and sweeping views of the city skyline and East River from its private balcony. The living room is well-proportioned and versatile, with space for both living and dining areas. The kitchen provides ample storage and counter space, along with full-size appliances. See floor plan and full details here.

-11.2% | -$111,000

Huxley, #202
$879,000

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

Huxley, #202 (Serhant)

From the Listing: Move right into this stunning duplex home and enjoy a contemporary lifestyle at East Harlem's newest development. The home begins with a welcoming foyer adorned with a custom wardrobe and then flows into an open kitchen. The spacious living and dining room area is saturated with natural light that overlooks the serene common outdoor courtyard. The home's custom-built staircase leads to the lower level bedroom with enough space for a home office, washer/dryer hookup, and access to your very own private terrace. See floor plan and full details here.

-11.9% | -$101,000

The Osborne, #6DE
$749,000

Midtown West | Cooperative | 2 Bedrooms, 1 Bath

The Osborne, #6DE (Sothebys International Realty)

From the Listing: Located in the prestigious prewar building, The Osborne, this residence boasts high ceilings, abundant closet space, beautifully preserved hardwood floors, adding a touch of timeless charm. The recently renovated bathroom combines luxury and functionality, creating a serene retreat within the bustling city. Hidden, and waiting to be exposed if you so choose, are two decorative fireplaces—one at each end of the apartment. See floor plan and full details here.

-25% | -$200,000

The Williamsburg Firehouse Lofts, #2L
$599,000

Williamsburg | Condominium | 1 Bedroom, 1 Bath | 937 ft²

The Williamsburg Firehouse Lofts, #2L (Corcoran Group)

From the Listing: Bursting with history, charm and emanating the spirit of Brooklyn, this quintessential conversion offers a truly once in a lifetime opportunity to own a piece of New York City history, and to make it your dream home. While many original features have been preserved creating warmth, charm, and a sense of history throughout the building, the apartments are move in ready with renovated kitchens and bathrooms featuring modern cabinetry, fixtures and finishes, as well as new appliances. See floor plan and full details here.

-11.4% | $74,000

The Fontaine, #10C
$575,000

Lenox Hill | Cooperative | 1 Bedroom, 1 Bath

The Fontaine, #10C (Corcoran Group)

From the Listing: This sun-filled, spacious 1-bedroom in Lenox Hill is not to be missed! Upon entering, you are welcomed by an open kitchen with stainless steel appliances, sleek cabinetry, and elegant granite countertops. See floor plan and full details here.

-21.4% | -$150,000

458 West 20th Street, #3D
$550,000

Chelsea | Cooperative | 1 Bedroom, 1 Bath

458 West 20th Street, #3D (The Agency Brokerage)

From the Listing: Welcome home to this lovely, oversized one-bedroom with 11' ceilings in Chelsea! It features hardwood floors, a very cool, retro windowed bath, dishwasher, and oversized south and west facing windows that let in tons of natural light. The elevator building is located just steps away from Chelsea Market, the High Line Park, and many other attractions. See floor plan and full details here.

150 East 61st Street, #6A
$449,000 (-10.2%)

Lenox Hill | Condop | 1 Bedroom, 1 Bath

150 East 61st Street, #6A (Compass)

From the Listing: Residence #6A is move-in ready with south-facing views of Bloomingdale's. The spacious living room can easily fit a dining table, without compromising the space. There is plenty of storage in both the living room and bathroom. Building amenities include 24-hour doorman, fitness room, resident’s lounge, central laundry, bicycle room, and private storage. See floor plan and full details here.

-26.1% | $115,000

The Bryn Mawr, #1F
$325,000

Lenox Hill | Cooperative | 1 Bedroom, 1 Bath

The Bryn Mawr, #1F (Brown Harris Stevens Residential Sales LLC)

From the Listing: UNPRECEDENTED VALUE! Here is a spacious one-bedroom home approx. 700 sq. ft. in a terrific mid block Co-op on a beautiful tree-lined street. See floor plan and full details here.

-23.1% | $90,000

246 East 51st Street, #22
$299,000

Midtown East | Cooperative | 1 Bedroom, 1 Bath

246 East 51st Street, #22 (Compass)

From the Listing: PRICE DROP MAKE AN OFFER! Discover Sunlit Serenity on the Upper East Side! See floor plan and full details here.

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In this article:

-12.0% | $3,550,000

-10.5% | -$955,000 Park House Chelsea, #PHW$8,500,000

-7.8% | -$505,000 The Umbria, #9/10C$5,995,000

-21.1% | $1,475,000 The Pulitzer Mansion, #PH$5,500,000

-15.1% | -$950,000 15 Central Park West, #8J$5,350,000

-26.5% | $1,800,000

-4.8% | -$200,000 The Treadwell, #20A$3,950,000

-35.0% | $1,750,000

-20% | -$750,000 The Yosemite, #2W$3,000,000

-3.2% | $100,000 70 Charlton, #11A$2,998,000

Select which properties are of interest to you:

-9.3% | -$255,000 The Glass Farmhouse, #8C$2,495,000

-5% | -$120,000 111 Murray Street, #11C$2,280,000

-10.2% | -$245,000 The 155 Condominium, #12K$2,150,000

-9.1% | -$200,000 CitySpire, #5603$1,995,000

-7.3% | -$145,000 The Bindery, #1G$1,850,000

-9.1% | -$150,000 Chelsea Mews, #PH12C$1,500,000

-11.8% | $200,000

-6.5% | -$100,000 Oosten, #510$1,450,000

-20.4% | $345,000

-10.9% | -$150,000 The Park Loggia, #3D$1,225,000

-11.5% | $150,000

-5.4% | -$51,000 East Winds, #30G$899,000

-11.2% | -$111,000 Huxley, #202$879,000

-11.9% | -$101,000 The Osborne, #6DE$749,000

-25% | -$200,000 The Williamsburg Firehouse Lofts, #2L$599,000