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397 West 12th Street, #3 (R New York / Compass) 397 West 12th Street, #3 (R New York / Compass)
It is far too soon to say that the real estate market is back in the wake of the pandemic, but Olshan Realty's weekly market report reported the highest number of signed luxury contracts and total dollar volume in 12 weeks. While substantially down from the same time last year, seven contracts were signed at $4 million and above totaling $85,275,000.
The top contract of the past week took place at 111 West 57th Street, the second-tallest residential building in the Western Hemisphere. This slender new supertall incorporated the landmarked former Steinway & Sons piano store building into the design. Apartment #70, a full-floor residence measuring three beds, three-and-a-half baths, and 3,873 square feet, entered contract for close to the listing price of $30.5 million. The international buyer reportedly never saw the unit in person and made the decision based on pictures, floor plans, and a virtual tour.
111-West-57th-Street-01 111 West 57th Street via Hayes Davidson
For the second week of June, there were a total of 154 condo, condop, and co-op residential sales recorded in Manhattan blending to an average price $1.635 million and an aggregating to $252M, exactly the same total as last week. The majority of deals closed in mid to late May.

The 61 condo sales came in at an average of $2.47 million or $1,703 per square foot. Last week's 89 co-op sales averaged $1.078M. There were 25 sales of $2M or more recorded this past, slightly down from the week prior. See the full list of sales recorded last week below.

Top Contracts
Condo | 3 beds, 3.5 baths | 3,873 ft2
111-West-57th-Street-02 Interiors via Peter Murdock
111-West-57th-Street-02 Interiors via Douglas Elliman
From the listing:
This spectacular full floor Tower Residence boasts 3,873 square feet of beautifully proportioned interior space designed for contemporary living on a grand scale, with three bedrooms and three and a half bathrooms. The finishes are designed throughout by Studio Sofield, and demonstrate an extraordinary commitment to traditional materiality, quality and craftsmanship. The expansive, formal central entrance gallery has white macauba stone floors and offers views to both north and south. Grand double doors open into the spectacular Great Room which boasts monumental ceiling heights of 14 feet and intricate parquet floors in solid fumed smoke-gray oak. Floor-to-ceiling windows framed in bronze showcase dramatic views of Central Park that are unobstructed and perfectly centered.
9 Available Listings from $8.75M

Condo | 4 beds, 5 baths | 5,644 ft2
117-West-21st-Street-01 All images of Twenty 1 via Douglas Elliman
From the listing:
Live in the best of both worlds and have it all! This brand-new expansive Chelsea townhouse triplex includes access to full-time doorman security within the bespoke 9-unit luxury condominium. The extraordinary pin-drop quiet 4 bedroom, 5 bathroom townhouse boasts an astonishing 5,644 sq ft. of interior space, a 1,323 sq ft tranquil terrace AND a private onsite parking spot.

Enter your home through Twenty 1's main lobby or through it's own private keyed elevator entrance and into a sprawling living and dining room featuring honed Supai limestone flooring, floor-to-ceiling windows, rift cut custom stained oak millwork, wide plank white oak wood flooring in a Chevron pattern, along with the highest quality luxury finishes. Through the wall of windows, you look out towards the massive private green terrace, perfect for alfresco dining and entertainment.
1 Available Listing for $35,000/month

Co-op | 3 beds, 4 baths
875-Park-Avenue-01 All images of 875 Park Avenue via Douglas Elliman
From the listing:
Perfection on Park! This magnificent nine-room white-glove cooperative has 78 feet on the avenue. Designed for sophisticated living and entertaining.This gracious residence offers a semi-private landing a spacious entry with closets and soaring ceilings throughout. The enormous living room is approximately 30 feet long with windows facing the avenue. The grand formal dining room with a marble floor and views on to Park Avenue is stunning. The library is presently outfitted with a pool table with open western views of Park Avenue and 78th Street. For privacy the living and dining rooms offer floor-to-ceiling doors separating these unique rooms.
3 Available Listings from $2.75M

Co-op | 4 beds, 4 baths
470-West-End-Avenue-01 All images of The Belvoir via Douglas Elliman
From the listing:
With interior designers, Alyssa Kapito and Vivian Muller, it's no surprise this home has no detail that has been overlooked. After reconfiguring the layout to feature an open concept for living and dining, a two-room master suit customized with a 5-fixture master bath, and three oversized bedrooms, the home provides a sense of comfort and functionality. With the kitchen being the heart of most homes, this custom two-room kitchen would make any professional chef proud.

The thick Calacatta gold marble countertops shine against the rift-oak island and white cabinetry offer plenty of room to cook and entertain. Plus, there is ample storage throughout the home due to numerous closets and three walk-in closets. Lastly, the fully custom laundry room with oversized and vented units and massive mud room, make cleanliness a breeze.
2 Available Listings from $1.35M

Condo | 3 beds, 4 baths | 2,122 ft2
400-West-61st-Street-01 All images of Two Waterline Square via The Corcoran Group
From the listing:
Expansive south and east that encompass Hudson River and city views are imparted through floor to ceiling windows in this corner three bedroom, three bathroom, one powder room residence. The master suite features two walk-in closets and all bedrooms enjoy en-suite bathrooms. The powder room is conveniently located adjacent to the living and dining room. The collaborative design firm of Yabu Pushelberg honors the pride and scale of the exterior with interior choices predicated on permanence. Custom Italian kitchens by Scavolini celebrate the individual and discerning tastes of each resident. Outfitted with Gaggenau appliances and punctuated by polished chrome Dornbracht fixtures, each kitchen will supply fully-vented range hoods, wine refrigerators and garbage disposals. Residents will also enjoy a fully-vented dryer. Each bathroom is cradled in a bespoke and indulgent array of stone and wood cabinetry.
12 Available Listings from $1.88M

Top Sales Recorded June 7–June 13
1. Residences at the Mandarin Oriental, 80 Columbus Circle, #PH76B – $23,000,000 ($4494 ft2)

Central Park West | Condo | 4 beds, 5.5 baths | 4825 sq ft
Residences at the Mandarin Oriental and Columbus Center Residences at the Mandarin Oriental and Columbus Center (Listed by The Modlin Group)
Penthouse 76B offers 5 Star Living at the world renowned Mandarin Oriental, New York. One of the only full service fully amenitized buildings offering short term living (minimum 3 months) in the perfect Columbus Circle setting with Central Park at your front door. The nearly 5,000 square foot Penthouse is the only apartment in the building with a private 500 square foot terrace overlooking Central Park!This 4 bedroom, 4.5 bath home features 11.7 foot ceilings. The massive Great Room is perfect for entertaining with access to the terrace and park views. The formal dining room is located next to the fully equipped top of the line eat in Kitchen. The home is being offered fully furnished and is controlled by a Crestron Smart Home System.Residences have access to everything you can enjoy as a guest of the hotel. Signature amenities include in-room-dining, housekeeping and laundry services, Zen-like spa treatments, state-of-the-art-fitness center, 75 ft. indoor pool, cutting edge cuisine, valet service, concierge service on a daily basis. Club 51 amenities at 25 Columbus Circle which include the magnificent party/living/dining room with Central Park views, professional chefs kitchen, massage room, children?s playroom with a kitchen, state-of-the-art gym, private theater room and a beautiful planted terrace overlooking the Hudson River. An in-house garage with valet parking, chauffeur lounge, global communications center and wireless technology is also offered.

2. The Brentmore, 88 Central Park West, #11S – $11,000,000 ($2,808 ft2)

Central Park West | Co-op | 3 beds, 3 baths | 3,500 sq ft
The Brentmoore apartments (Courtesy Of Brown Harris Stevens Residential Sales)
Central Park West condos
Located on the most coveted corridor of Central Park West and perched above the treetops with the most extraordinary views overlooking Central Park is apartment 11S at the Brentmore. With only 28 units, this cooperative is one of Manhattan's most magnificent and exclusive residences and the only true boutique luxury prewar coop on CPW. Providing a volume of space and Beaux Arts elegance is uncommonly seen on a high floor along Central Park West, this home is a rare offering. It possesses the ultimate luxury, its own private elevator landing. Once you experience this, you'll never be able to live without it.

Originally 9 rooms, modified to 8, it spans approximately 3,500 sq. ft. and has 10' 10" ceilings. Upon entering the elegant 10' x 16' gallery, your eyes are immediately struck by the enormous windows and Central Park views. The home has nearly 50' of direct Central Park frontage and Juliette balconies along with the living room with decorative fireplace, music room and library. There is a formal dining room with coffered ceilings, two master bedrooms, a staff bedroom, three windowed baths, washer and dryer and an enormous eat-in-kitchen with views of the park. The kitchen had been enlarged by utilizing the larger of the two staff rooms. This is indeed one of New York City's great memorable homes retaining its original fine woodwork, plaster details, and inlaid floors.

3. 397 West 12th Street, #3 – $9,790,000 ($3,173 ft2)

West Village | Condo | 6+ beds, 6+ baths | 6,166 sq ft
397 West 12th Street, #3 397 West 12th Street, #3 (R New York / Compass)
Rarely does a property of this scale and caliber become available in the West Village in a prime location and condominium building with a 24-hour doorman. With the equivalent space of a large townhouse, this south-facing, sun-kissed duplex with exposures in four directions and almost 60 feet of frontage onto 12th Street simply has it all. Designed by acclaimed interior architect Deborah Berke with exterior architecture by Cary Tamarkin, this carefully considered home is both aesthetically exquisite and practical.

4. The Park Loggia, 15 West 61st Street, #25A – $6,870,541 ($3,197 ft2)

Lincoln Center | Condo | 3 beds, 3 baths | 1,918 sq ft

5. 565 Broome, SoHo 565 Broome Street, #N21B – $6,495,000 ($2,291 ft2)

SoHo | Condo | 3 beds, 3.5 baths | 2,399 sq ft
565 Broome Street, #N21B 565 Broome Street, #N21B (Douglas Elliman)

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