Price Cuts: One Essex Crossing penthouse slashed by 25%; High-floor UES 2-bed reduced to $929K

One Essex Crossing (Corcoran Group)

CityRealty > Market Insight > Features > Future New York >

Wednesday, Jul 17, 2024 By CityRealty Staff, CityRealty contributor

From July 10-16, 2024, approximately 280 condos, co-ops, condops, and townhouses throughout New York experienced price reductions. Among them were four units at One Essex Crossing, one of two condominium buildings in the Essex Crossing mega-development that brought new attention to this section of the Lower East Side. Its neighbor, 242 Broome Street, quickly sold out, and sales have gone apace at One Essex Crossing, but the sponsor has cut prices on the last availabilities in pursuit of a full sellout.

Further uptown, 323 E 79th Street offers 14 floor-through units with direct elevator entry, spacious floor plans, high-end finishes and appliances, and private outdoor space in every unit. However, it took shape in an increasingly crowded market, and three sponsor units have had their prices reduced.

-16.8% | -$101,000

Fowler Court, #K
$499,000

Morningside Heights | Cooperative | 1 Bedroom, 1 Bath

Fowler Court, #K (Bizzarro Agency LLC)

From the Listing: Loaded with Old World charm, this one-bedroom apartment offers an open concept layout as well as an unbeatable Upper West Side location across from Riverside Park and close proximity to Central Park. Soaring ceilings, lovely hardwood floors, and wainscoting are revealed. The bedroom is off the front hallway, with vintage bifold doors, a large window, and a spacious step-in closet. The glorious kitchen has been nicely remodeled while retaining its original character. See floor plan and full details here.

-10% | -$75,000

The Prospect Hall, #4E
$675,000

Turtle Bay/United Nations | Cooperative | 1 Bedroom, 1 Bath | 754 ft²

The Prospect Hall, #4E (Compass)

From the Listing: This serene prewar home in prime Tudor City features a windowed eat-in kitchen with stainless appliances, wood cabinetry, and ample counter space. The gracious living/dining area, with bright north and east exposures, is anchored by a glorious wood burning fireplace. The large bedroom easily fits a king-sized bed, and there is a beautiful marble bath. See floor plan and full details here.

-13.1% | -$111,000

Gramercy Spire, #5D
$739,000

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath

Gramercy Spire, #5D (Compass)

From the Listing: As you enter this home in the heart of Gramercy, you are greeted by newly refinished solid wood floors, fresh white paint, and a foyer with a full wall of closets. The expansive living room easily accommodates living, dining, and work spaces with ease. The updated galley kitchen features wood cabinetry, stone countertops, stainless steel appliances, and a breakfast bar. See floor plan and full details here.

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Select which properties are of interest to you:

130 East 75th Street
The Sherry Netherland, 781 Fifth Avenue
164 East 72nd Street
50 United Nations Plaza
The Prospect Hall, 333 East 41st Street
The Savoy, 111 East 85th Street
323 East 79th Street
15 Hudson Yards
505 West 43rd Street
One Essex Crossing, 202 Broome Street
129 Lafayette Street
145 Sixth Avenue
The Savannah, 250 West 89th Street
Fowler Court, 400 Riverside Drive
Gramercy Spire, 142 East 16th Street
The Collection, 20 Pine Street

Or call us at (212) 755-5544

-25.7% | -$321,000

164 East 72nd Street, #13C
$929,000

Lenox Hill | Cooperative | 2 Bedrooms, 2 Baths

164 East 72nd Street, #13C (Coldwell Banker Warburg)

From the Listing: Discover the epitome of New York City living in this prestigious prewar cooperative apartment flooded with light from southern exposures in all rooms but the kitchen. Located on a high floor, this 2-bedroom, 2-bathroom residence has prewar details, high ceilings, hardwood floors and a wood-burning fireplace. The renovated kitchen has stainless steel appliances, granite countertops, and custom cabinets. All windows must be replaced within 6 months of a purchase, but the sellers will assume the expense and manage this project before closing. See floor plan and full details here.

-23.2% | -$300,000

The Savoy, #21F
$995,000

Carnegie Hill | Cooperative | 1 Bedroom, 1.5 Baths

The Savoy, #21F (Brown Harris Stevens Residential Sales LLC)

From the Listing: This high floor corner apartment is moments from Park Avenue and perched high above the buildings to the south and east, offering a serenely quiet space with one-of-a-kind views and consistent natural light. Enter into a gracious foyer lined by deep closets and containing a tastefully renovated powder room. The large and flexible living/dining space allows for many configurations and boasts wall-to-wall windows, custom millwork concealing through-wall a/c and recessed lighting. An extensive kitchen renovation will offer the new owner an open concept with a sizeable breakfast bar, sleek lacquered cabinets, and high-end appliances. See floor plan and full details here.

-11.3% | -$166,000

The Savannah, #7C
$1,299,000

Riverside Dr./West End Ave. | Condop | 1 Bedroom, 1.5 Baths | 850 ft²

The Savannah, #7C (Brown Harris Stevens Residential Sales LLC)

From the Listing: Among the most unique offerings on the entire Upper West Side, Residence #7C at The Savannah is a glorious duplex with soaring double-height 18' floor-to-ceiling windows and your own private, fully planted 350-square-foot terrace. Pass through the sliding doors into a grand double height living room, a beautifully designed built-in dining area with an English elm live edge table, a kitchen with top-of-the-line Bosch appliances and farmhouse sink, and a powder room on the first floor. Ascend upstairs to find a completely separate primary bedroom suite with an abundance of storage. See floor plan and full details here.

-10.3% | -$195,000

505 W 43, #11G
$1,700,000

Midtown West | Condominium | 2 Bedrooms, 2 Baths | 1,208 ft²

505 W 43, #11G (Douglas Elliman Real Estate)

From the Listing: Stunning 2-bedroom, 2-bath unit spreads over 1,208 square feet, featuring a 28-foot long living room with south-facing floor-to-ceiling windows and expansive city views! This residence boasts a custom Scavolini kitchen, a large primary suite with luxurious bathroom, a generously-sized secondary bedroom with full bathroom, and abundant closet space throughout, ideal for both living and investment. See floor plan and full details here.

-17.8% | -$400,000

145 Sixth Avenue, #6C
$1,850,000

SoHo | Condominium | Studio, 1 Bath | 1,407 ft²

145 Sixth Avenue, #6C (Douglas Elliman Real Estate)

From the Listing: Experience the epitome of contemporary live-work loft living in the heart of vibrant West Soho. Spanning 1,407 square feet of open space, Apartment 6C features hardwood floors and six wood-frame south-facing windows, bathing the space in natural light. The sun-drenched ambiance highlights the stunning wood finishes and modern design elements throughout. Additional storage is offered by the sleek built-in hardwood cabinetry beneath the windows. See floor plan and full details here.

-25.2% | -$680,000

One Essex Crossing, #PHC
$2,015,000

Lower East Side | Condominium | 1 Bedroom, 1.5 Baths | 1,171 ft²

One Essex Crossing, #PHC (Corcoran Sunshine Marketing Group)

From the Listing: Occupying a prime north position at One Essex Crossing, Penthouse C offers 1,171 square feet of interior space and a 373-square-foot private roof terrace with gas grill, both enjoying breathtaking views of the Midtown skyline, Williamsburg Bridge and East River. With ceilings of approximately 11', this CetraRuddy-designed home features wide plank European Oak flooring and a highly customized open kitchen. The luxe bedroom suite also enjoys stunning views of the Empire State Building, with a large bedroom; a generous walk-in closet (plus two more); and a beautifully appointed five-fixture bathroom. See floor plan and full details here.

-12.3% | -$350,000

323 E 79th Street, #4
$2,490,000

Yorkville | Condominium | 3 Bedrooms, 2.5 Baths | 1,856 ft²

323 E 79th Street, #4 (Corcoran Group)

From the Listing: 323 E 79th Street offers a blend of contemporary elegance and modern comfort and is a standout value among new development condominiums in the Upper East Side. Luxurious finishes complete each residence with honed Statuarietto marble surfaces, custom tile work, an appliance package by Thermador, and premium floors in wide plank and chevron patterns to create an atmosphere of timeless luxury. Oversized picture windows frame cityscape views, bathing each residence in northern and southern light with private outdoor space in every residence. See floor plan and full details here.

-15.7% | -$500,000

The Collection, #3001
$2,695,000

Financial District | Condominium | 2 Bedrooms, 2.5 Baths | 1,579 ft²

The Collection, #3001 (Sothebys International Realty)

From the Listing: This exquisite home greets you with an elegant entrance hall featuring a broom and linen cupboard on the right; a beautiful renovated powder room, complete with a washer and dryer, is discreetly tucked behind a sleek wood and glass sliding door. The state-of-the-art kitchen is equipped with top-of-the-line appliances, LED lighting under the peninsula, and large corner pantry cupboards with LED illumination. The unit's outdoor space is perfect for relaxation or entertaining, featuring a custom-built table and benches that perfectly fit the patio. See floor plan and full details here.

-12.1% | -$400,000

130 East 75th Street, #3B
$2,895,000

Park/Fifth Ave. to 79th St. | Cooperative | 4 Bedrooms, 3 Baths

130 East 75th Street, #3B (Corcoran Group)

From the Listing: Superbly located in the heart of the Upper East Side, this classic seven, corner-facing three bedroom with maid's room exhibits unparalleled pre-war charm. Upon entering, you are welcomed by a gracious gallery with separate entrances into the great room, the windowed kitchen, and the bedroom wing. The generously proportioned living room showcases an elegant fireplace and boasts ample light through oversized eastern facing windows. See floor plan and full details here.

-15.7% | -$700,000

The Sherry Netherland, #2001
$3,750,000

Park/Fifth Ave. to 79th St. | Cooperative | 2 Bedrooms, 2 Baths

The Sherry Netherland, #2001 (Nest Seekers LLC)

From the Listing: Situated high above Fifth Avenue, this magnificent residence offers breathtaking views of Central Park and the iconic Manhattan skyline, and has been tastefully renovated with a contemporary flair, featuring a captivating terrace that faces directly onto Fifth Avenue and overlooks Central Park. The corner living room is a grand space with open vistas to the north and west, highlighted by a unique dining solarium offering 270-degree views and an exceptional wrap-around terrace. The sunny and spacious primary bedroom suite features northern and eastern exposures, complete with a dressing area and impressive onyx bath. See floor plan and full details here.

-11.3% | -$550,000

Fifteen Hudson Yards, #24C
$4,300,000

Midtown West | Condominium | 2 Bedrooms, 2.5 Baths | 1,665 ft²

Fifteen Hudson Yards, #24C (Compass)

From the Listing: This exclusive corner condominium in the prestigious Hudson Yards offers breathtaking, uninterrupted views of the Hudson River, combined with an impressive array of world-class amenities. Upon entering, a welcoming foyer with a convenient coat closet and powder room leads residents into a sprawling open-concept living room, dining area, and kitchen, all of which showcase stunning river views, especially at sunset. The windowed kitchen is a chef's dream, featuring a sizable eat-in island, bespoke Bulthaup cabinets, exquisite marble countertops and backsplash, and top-of-the-line integrated appliances. See floor plan and full details here.

-17.4% | -$1,260,000

50 United Nations Plaza, #31B
$5,990,000

Turtle Bay/United Nations | Condominium | 3 Bedrooms, 3.5 Baths | 3,004 ft²

50 United Nations Plaza, #31B (Douglas Elliman Real Estate)

From the Listing: Currently owned by a gallerist and connoisseur of art and design, this home represents the epitome of sleekness, sophistication and luxury. An architecturally impressive living/dining area is framed by custom designed deep bay windows which provide breathtaking views of The East River, UN Grounds and The Secretariat Building. The large, windowed kitchen with a Foster & Partners designed center island, features a breakfast bar and seating that overlooks the city. A separation between the bedrooms and primary entertaining spaces is created by a long and wide hallway off the foyer with dramatic windows at each end. A parking space and large storage bin will transfer with the apartment. See floor plan and full details here.

-15.4% | -$2,005,000

129 Lafayette Street, #PHA
$10,995,000

NoLiTa/Little Italy | Condominium | 4 Bedrooms, 4.5 Baths | 4,647 ft²

129 Lafayette Street, #PHA (Corcoran Group)

From the Listing: Spanning the top two floors of the building with a 2,400-square-foot wraparound terrace off the living room, Penthouse A features 360-degree views and modern architectural details throughout. Enter the top floor from the key-locked elevator, into the grand living room surrounded by oversized windows, 13-foot ceilings, custom concrete flooring and a wood-burning fireplace. The open layout flows into a modern chef's kitchen featuring Val Cucine cabinetry and top-of-the-line appliances. Descend the steel-and-wood floating staircase to the 11th floor towards the 4 private bedrooms and 3 full baths. See floor plan and full details here.

In this article:

-16.8% | -$101,000

Fowler Court, #K
$499,000

-10% | -$75,000

The Prospect Hall, #4E
$675,000

-13.1% | -$111,000

Gramercy Spire, #5D
$739,000

Select which properties are of interest to you:

-25.7% | -$321,000

164 East 72nd Street, #13C
$929,000

-23.2% | -$300,000

The Savoy, #21F
$995,000

-11.3% | -$166,000

The Savannah, #7C
$1,299,000

-10.3% | -$195,000

505 W 43, #11G
$1,700,000

-17.8% | -$400,000

145 Sixth Avenue, #6C
$1,850,000

-25.2% | -$680,000

One Essex Crossing, #PHC
$2,015,000

-12.3% | -$350,000

323 E 79th Street, #4
$2,490,000

-15.7% | -$500,000

The Collection, #3001
$2,695,000

-12.1% | -$400,000

130 East 75th Street, #3B
$2,895,000

-15.7% | -$700,000

The Sherry Netherland, #2001
$3,750,000

-11.3% | -$550,000

Fifteen Hudson Yards, #24C
$4,300,000

-17.4% | -$1,260,000

50 United Nations Plaza, #31B
$5,990,000

-15.4% | -$2,005,000

129 Lafayette Street, #PHA
$10,995,000

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Price Cuts: One Essex Crossing penthouse slashed by 25%; High-floor UES 2-bed reduced to $929K

In this article:

-16.8% | -$101,000 Fowler Court, #K$499,000

-10% | -$75,000 The Prospect Hall, #4E$675,000

-13.1% | -$111,000 Gramercy Spire, #5D$739,000

Select which properties are of interest to you:

-25.7% | -$321,000 164 East 72nd Street, #13C$929,000

-23.2% | -$300,000 The Savoy, #21F$995,000

-11.3% | -$166,000 The Savannah, #7C$1,299,000

-10.3% | -$195,000 505 W 43, #11G$1,700,000

-17.8% | -$400,000 145 Sixth Avenue, #6C$1,850,000

-25.2% | -$680,000 One Essex Crossing, #PHC$2,015,000

-12.3% | -$350,000 323 E 79th Street, #4$2,490,000

-15.7% | -$500,000 The Collection, #3001$2,695,000

-12.1% | -$400,000 130 East 75th Street, #3B$2,895,000

-15.7% | -$700,000 The Sherry Netherland, #2001$3,750,000

-11.3% | -$550,000 Fifteen Hudson Yards, #24C$4,300,000

-17.4% | -$1,260,000 50 United Nations Plaza, #31B$5,990,000

-15.4% | -$2,005,000 129 Lafayette Street, #PHA$10,995,000

Related Listings

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Related Articles

Price Cuts: Mary Trump’s 565 Broome SoHo condo reduced; West Village townhouse once home to The New Yorker founder drops $1M

Triple-mint NYC apartments with ensuite five-fixture baths; Sorin launches sales near Hudson Yards

Six ways to add value to your NYC apartment before selling + Weekend open houses include 100 Barclay penthouses

The Ideal Floor Plan: How to tell if a NYC apartment really works + 25 listings with great layouts

Sublet or pay up? How homeowners could avoid the 2nd-home tax + Luxury listings for rent in condo/co-op buildings

Price Cuts: Andy Warhol’s former townhouse reduced $500K; Sherry-Netherland two-bed slashed 70%

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-16.8% | -$101,000

Fowler Court, #K
$499,000

-10% | -$75,000

The Prospect Hall, #4E
$675,000

-13.1% | -$111,000

Gramercy Spire, #5D
$739,000

-25.7% | -$321,000

164 East 72nd Street, #13C
$929,000

-23.2% | -$300,000

The Savoy, #21F
$995,000

-11.3% | -$166,000

The Savannah, #7C
$1,299,000

-10.3% | -$195,000

505 W 43, #11G
$1,700,000

-17.8% | -$400,000

145 Sixth Avenue, #6C
$1,850,000

-25.2% | -$680,000

One Essex Crossing, #PHC
$2,015,000

-12.3% | -$350,000

323 E 79th Street, #4
$2,490,000

-15.7% | -$500,000

The Collection, #3001
$2,695,000

-12.1% | -$400,000

130 East 75th Street, #3B
$2,895,000

-15.7% | -$700,000

The Sherry Netherland, #2001
$3,750,000

-11.3% | -$550,000

Fifteen Hudson Yards, #24C
$4,300,000

-17.4% | -$1,260,000

50 United Nations Plaza, #31B
$5,990,000

-15.4% | -$2,005,000

129 Lafayette Street, #PHA
$10,995,000

Steals & Deals from $345K: Listings with "Motivated Sellers" or "Priced to Sell"