Strongest August for Manhattan contracts since pandemic; Advertising exec's townhouse finds a buyer

By CityRealty Staff | From Future New York Wednesday, September 3, 2025

124 East 62nd Street, top townhouse contract (Sotheby's International Realty) | https://www.cityrealty.com/nyc/park-fifth-ave-79th-st/124-east-62nd-street/apartment-/atOrJuXRjgvFP

The Labor Day holiday marks the unofficial end of summer all over the country, and the Port Authority prepared for a record-breaking 6.6 million travelers taking to New York City tunnels, bridges, and airports for the holiday weekend. This was perhaps a factor in week-over-week dips of over 20% for both the number of Manhattan residential contracts signed and aggregate dollar amount on the last full week of August 2025. However, the contracts signed from August 25-31, 2025 brought the monthly total up to nearly 800, making it the strongest August since the pandemic.

The week's top contract was for Residence #W24D at One High Line, the Downtown skyline standout that ranks among the top five best-selling buildings of 2025 to date. Olshan Realty notes that the $14.53 million asking price was raised from the $14.25 million it was listed for when it was being marketed off floor plans in 2018.

The four-bedroom unit is located midway up the all-residential West Tower, which is positioned to make the most of Hudson River views. The unidentified buyer will enjoy access to a suite of residents-only amenities, not to mention the amenities and services of Faena New York on the lower levels of the East Tower. The luxury hotel is now accepting reservations from $1,395/night starting the second week of September 2025 (in time for New York Fashion Week), and Argentinian restaurant La Boca by celebrity chef Francis Mallmann is now open and accepting reservations.

Faena New York, summer 2025 (CityRealty)

220 Central Park South (Robert A.M. Stern Architects / Vornado Realty Trust)

Towering new construction was in high demand among luxury buyers on the last week of August 2025, but classic elegance also proved popular. The week's second-highest contract would appear to encapsulate the best of both worlds: The Robert A.M. Stern-designed 220 Central Park South stands tall while offering limestone elegance in a row of glassy towers on Billionaires' Row. The two-bedroom Residence #22C, the one sponsor unit in the building at the time it was listed, was not far behind the top spot with an asking price of $13.5 million.

Upper East Side penthouse with Central Park views

Central Park views as seen from 4 East 70th Street, #PH (Sotheby's International Realty) | https://www.cityrealty.com/nyc/park-fifth-ave-79th-st/4-east-70th-street/apartment-PH/EfVMGsyV

The split was also clear with the two units that tied for the week's seventh-highest price: Residence #5504 at 35 Hudson Yards was asking $6.45 million, as was the penthouse at 4 East 70th Street, the latter of which had the top co-op contract of the week. Located directly across the street from the recently reopened Frick Collection, the penthouse is reached via key-locked elevator access and features gorgeous prewar details, not to mention two private terraces facing north and south. Public records show that the sellers paid $6.53 million for it in July 2013.

124 East 62nd Street, Upper East Side townhouse

Entrance to 124 East 62nd Street (Sotheby's International Realty)

Only one townhouse ranked among the ten highest-priced contracts of the week. 124 East 62nd Street entered contract with a $6.95 million ask in the week's top townhouse contract and fourth-highest overall. The Italianate-style townhouse is described as "a rare opportunity to bring your vision to life," though it will be hard to improve on such features as a living room with fireplace, a grand solarium, a south-facing private garden with fountain, and a prime Upper East Side address.

The listing notes that the townhouse was once the home of Russian Prince Serge Belosselsky-Belozersky and his American wife, heiress Florence Crane Robinson. More recently, the house was owned by advertising executive Jerry Della Femina, whose memoirs inspired the Emmy Award-winning television drama Mad Men. He and his wife, former TV journalist Judy Leicht, listed it for $9.95 million in June 2017; it has been on and off the market at gradually lower price points since then. Public records show that the couple paid $2.3 million for it in 1995 (h/t Crain's New York Business).

Bergen Brooklyn, #PH703W, top Brooklyn contract (Avdoo & Partners Development Marketing Inc.) | https://www.cityrealty.com/nyc/boerum-hill/bergen-brooklyn-323-bergen-street/apartment-PH703W/AXpYGPlbxsHX

The week's top Brooklyn contract took place at sprawling new development Bergen Brooklyn. Penthouse #703W was asking $5.95 million in the week's eighth-highest contract overall. The four-bedroom, three and a half-bath unit spans over 2,800 interior square feet and is topped with a 1,070-square-foot private roof terrace boasting a built-in gas grill, a plunge pool, and beautiful open views.

The contract was signed roughly around the time closings commenced in the building. The east and west wings of the nearly full-block project are connected via Glass House, four floors of wellness, social, and creative amenities connected by a custom circular staircase; both wings are also topped with landscaped rooftop parks. Another perk is a central address near Fort Greene Park, Downtown Brooklyn retail, 5th Avenue dining, and the Barclays Center-Atlantic Avenue transportation hub.

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Bergen Brooklyn, summer 2025 (CityRealty)

Top NYC Contracts: August 25-31, 2025

#10. 450 Washington Street, #706
Last Ask: $5,795,000

Tribeca | Condop | 3 Bedrooms, 3 Baths | 2,031 ft²

450 Washington Street, #706 (Corcoran Sunshine Marketing Group)

From the Listing: Residence #706 is a thoughtfully designed three-bedroom home featuring a remarkable 1,070-square-foot terrace. The layout includes a spacious double-corner great room, a separate kitchen/family room offering charming views of historic Tribeca architecture, a home office, and partial water views. The meticulously-detailed interiors include myriad modern details including 7-inch-wide plank white oak flooring and massive bronze-finished windows with Caesarstone window ledges. See full details here.

450 Washington Street has 8 public availabilities from $925K.

#9. Sterling Mason, #3B
Last Ask: $5,800,000 (-3.3%)

Tribeca | Condominium | 3 Bedrooms, 3.5 Baths | 2,201 ft²

Sterling Mason, #3B (Corcoran Group)

From the Listing: Situated in The Sterling Mason at 71 Laight Street in the heart of Tribeca, this luxurious residence was masterfully designed by acclaimed architect Morris Adjmi with interiors by Gachot Studios; it spans just over 2,200 square feet and has three bedrooms, three full bathrooms, and a powder room. The impeccably renovated home has high ceilings, hardwood floors, and oversized windows. The residence is enhanced with modern comforts such as central air conditioning throughout which is equipped with Daikin thermostats in each room, and exquisite finishes including Lefroy Brooks fixtures, custom millwork, built-in speakers, and Lutron lighting. See full details here.

Sterling Mason has no public availabilites.

#8. Bergen Brooklyn, #PH703W
Last Ask: $5,950,000

Boerum Hill | Condominium | 4 Bedrooms, 3.5 Baths | 2,830 ft²

Bergen Brooklyn, #PH703W (AVDOO & PARTNERS DEVELOPMENT MARKETING INC)

From the Listing: Introducing Residence PH703W, a truly exceptional four-bedroom, three and a half bath home that seamlessly blends traditional elegance with modern sophistication. Spanning an expansive 2,830 square feet, this distinctive residence welcomes you with a formal foyer leading into an open, airy layout enhanced by soaring 10’3” ceilings. Designed for both comfortable living and stylish entertaining, this impressive home features south, west, and northern exposures, oversized windows that flood the interiors with natural light, and a private 1,070 square foot roof terrace. See full details here.

Bergen Brooklyn has 8 public availabilities from $825K.

#7 (tie). 4 East 70th Street, #PH
Last Ask: $6,450,000 (-4.4%)

Park/Fifth Ave. to 79th St. | Cooperative | 2 Bedrooms, 2.5 Baths

4 East 70th Street, #PH (Sothebys International Realty)

From the Listing: Like nothing else. Located on one of the most coveted blocks in Manhattan, this spectacular penthouse is perched atop a distinguished Art-Deco cooperative just off Fifth Avenue and across from the iconic Frick Museum. An oversized private terrace wraps around the entire six-room home, offering dazzling Central Park views as well as open city architectural views and light streaming in from all four exposures. Boasting high ceilings, prewar details and graciously scaled primary rooms, this one-of-a-kind residence has it all. See full details here.

4 East 70th Street has one public availability asking $1.15 million.

#7 (tie). 35 Hudson Yards, #5504
Last Ask: $6,450,000

Midtown West | Condominium | 3 Bedrooms, 3.5 Baths | 2,652 ft²

35 Hudson Yards, #5504 (Corcoran Sunshine Marketing Group)

From the Listing: This expertly planned three-bedroom residence boasts 10'10" ceilings, lavish satin finish wide plank French oak floors, and stunning views of the Hudson River from the corner Great Room. The windowed eat-in kitchen has been outfitted with luxurious Smallbone of Devizes cabinetry with opal white marble counters and backsplash. Full suite of Gaggenau appliances, inclusive of a wine fridge and coffee maker, truly make this kitchen extraordinary. The primary bedroom boasts two large walk-in closets and a luxurious windowed primary bathroom which is wrapped in stunning iceberg quartzite, complete with stunning double vanity with Kinon panels, and full depth soaking tub. See full details here.

35 Hudson Yards has 10 public availabilities from $4.6 million.

#6. Sutton Tower, #53A
Last Ask: $6,675,000

Beekman/Sutton Place | Condominium | 3 Bedrooms, 3 Baths | 2,090 ft²

Sutton Tower, #53A (Corcoran Sunshine Marketing Group)

From the Listing: Available for immediate occupancy, Residence 53A at Sutton Tower offers expansive living and views of the east river and Manhattan's most iconic landmarks. Designed by celebrated and award-winning architect and designer, Thomas Juul-Hansen, 53A offers graciously appointed materiality in a residence of unparalleled proportion. 53A is a three-bedroom, three-bathroom residence featuring 2,090 square feet of interior space. See full details here.

Sutton Tower has 16 public availabilities from $1.83 million.

#5. The Centrale, #64
Last Ask: $6,895,000 (-13%)

Midtown East | Condominium | 3 Bedrooms, 3 Baths | 2,756 ft²

The Centrale, #64 (Douglas Elliman Real Estate)

From the Listing: Immediate Occupancy. Privacy is ensured in this Champalimaud designed full-floor tower residence at The Centrale, offering iconic landmark views such as Central Park, the Chrysler Building, and the East River through 10' floor-to-ceiling windows. This three-bedroom, three-bathroom home begins with white oak flooring throughout, leading from the entry foyer into an expansive open living and dining concept complete with a chef's kitchen offering honed Capri marble countertops, backsplash, and a waterfall island with ample room for seating and entertaining. See full details here.

The Centrale has 7 public availabilities from $2.37 million.

#4. 124 East 62nd Street, #TH
Last Ask: $6,950,000 (-7.3%)

Park/Fifth Ave. to 79th St. | Townhouse | 5 Bedrooms, 5.5 Baths

124 East 62nd Street, #TH (Sothebys International Realty)

From the Listing: Location! Location! Location! Nestled on one of Lenox Hill’s most beautiful tree-lined blocks, near upscale shops, fine dining, and top cultural institutions, just steps from the prestigious Knickerbocker Club, 124 East 62nd Street offers a rare opportunity to bring your vision to life. Whether you’re looking for an elegant single-family residence, an expansive development project, a foundation or an international mission, this home has limitless potential. See full details here.

#3. The Mayfair, #15A
Last Ask: $11,950,000

Park/Fifth Ave. to 79th St. | Condominium | 4 Bedrooms, 5 Baths | 4,401 ft²

The Mayfair, #15A (Brown Harris Stevens Residential Sales LLC)

From the Listing: Perfectly situated on the corner of Park Avenue and 65th Street, this exceptional high-floor prewar condominium offers incredible space and an abundance of light. The sophisticated residence is approximately 4,400 square feet and stretches across over 70 feet of Park Avenue frontage. The layout is designed for both grand entertaining and intimate gatherings. See full details here.

The Mayfair has one public availability asking $4.95 million.

#2. 220 Central Park South, #22C
Last Ask: $13,500,000

Midtown West | Condominium | 2 Bedrooms, 2.5 Baths | 2,455 ft²

220 Central Park South, #22C (Corcoran Group)

From the Listing: 220 Central Park South's 22C is a 2,455-square-foot two-bedroom, two and one-half bathroom, offering Central Park views and balcony. Enter the residence and be greeted instantaneously by the prominent views of Central Park to the north. The generous living/dining room features stately floor-to-ceiling windows, and a Juliet balcony welcoming a stream of steady natural light to the home. The gracious and open kitchen features premium Miele and Sub-Zero appliances, including a 5-burner gas stove, vented hood, wall oven, steam oven, speed oven, warming drawer and a 24-bottle wine storage. See full details here.

220 Central Park South has 2 public availabilities from $39 million.

#1. One High Line, #W24D
Last Ask: $14,530,000

Chelsea | Condominium | 4 Bedrooms, 4.5 Baths | 3,951 ft²

One High Line, #W24D (Corcoran Sunshine Marketing Group)

From the Listing: West 24D at One High Line is an exquisite 3,951-square-foot four-bedroom and four-and-a-half-bathroom corner residence curated by Gabellini Sheppard Associates with north and east and south exposures. This remarkable home features southern and western exposure overlooking the Hudson River and receiving an abundance of natural light throughout the day. Residence 24D home boasts a generous great room and open kitchen custom designed by Bulthaup, complete with White Princess Quartzite countertops and backsplash, a robust Gaggenau appliance package and stainless-steel fixtures by CEA Design. See full details here.

One High Line has 20 public availabilities from $2.83 million.

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Top NYC Contracts: August 25-31, 2025

#10. 450 Washington Street, #706
Last Ask: $5,795,000

450 Washington Street has 8 public availabilities from $925K.

#9. Sterling Mason, #3B
Last Ask: $5,800,000 (-3.3%)

Sterling Mason has no public availabilites.

#8. Bergen Brooklyn, #PH703W
Last Ask: $5,950,000

Bergen Brooklyn has 8 public availabilities from $825K.

#7 (tie). 4 East 70th Street, #PH
Last Ask: $6,450,000 (-4.4%)

4 East 70th Street has one public availability asking $1.15 million.

#7 (tie). 35 Hudson Yards, #5504
Last Ask: $6,450,000

35 Hudson Yards has 10 public availabilities from $4.6 million.

#6. Sutton Tower, #53A
Last Ask: $6,675,000

Sutton Tower has 16 public availabilities from $1.83 million.

#5. The Centrale, #64
Last Ask: $6,895,000 (-13%)

The Centrale has 7 public availabilities from $2.37 million.

#4. 124 East 62nd Street, #TH
Last Ask: $6,950,000 (-7.3%)

#3. The Mayfair, #15A
Last Ask: $11,950,000

The Mayfair has one public availability asking $4.95 million.

#2. 220 Central Park South, #22C
Last Ask: $13,500,000

220 Central Park South has 2 public availabilities from $39 million.

#1. One High Line, #W24D
Last Ask: $14,530,000

One High Line has 20 public availabilities from $2.83 million.

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