From June 10-16, 2025, nearly 500 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. This represents a noticeable week-over-week spike in the number of listings and comes at a time when the New York City school year is winding down and people are getting ready to go on vacation. But sellers would like to get away too, and even a small price reduction can open up a wider pool of buyers.
These included listings at new developments throughout New York City. Multiple cuts took place at Manhattan buildings like Linea in West Chelsea, Monogram New York in Midtown East, and Smithsonian Place in Harlem. Closings are underway at all of them.
In Brooklyn, many new development boutique condos are close to selling out. To get a little closer to that milestone, some developers have cut prices and introduced extra incentives on their final sponsor availabilities. Cases in point include The Calyer Greenpoint and The Rogers Residences in Prospect Lefferts Gardens.
In Brooklyn, many new development boutique condos are close to selling out. To get a little closer to that milestone, some developers have cut prices and introduced extra incentives on their final sponsor availabilities. Cases in point include The Calyer Greenpoint and The Rogers Residences in Prospect Lefferts Gardens.
In this article:
Also last week, the West Village's Heroy House had its price reduced. Located at 262 West 11th Street and named in honor of its builder, sashmaker Lavinius C. Heroy, the house dates back to the 1820s, a time when West 11th Street was still known as Hammond Street for the owner of a nearby estate. Daytonian in Manhattan observes, "The width of the home [21 feet] and the additional money Heroy expended on architectural details like the lushly detailed entranceway, spoke of his comfortable financial status."
Such details remained intact as the single-family home was operated as a boardinghouse and converted to a five-unit apartment building in the early 1920s. More than 100 years later, a return to a single-family mansion would not be impossible. The house was listed for $22.5 million in April 2025, and the reduction brings it down to $17.5 million.
-22.2% | -$5,000,000
The Heroy House, #TH
$17,500,000
West Village | Townhouse | 6+ Bedrooms, 4.5 Baths
The Heroy House, #TH (Douglas Elliman Real Estate)
A round-up of notable listings may be seen below, along with a full chart of last week's price cuts. Please be advised that all quoted figures reflect cumulative price cuts as opposed to the most recent reductions.
-12.8% | -$2,505,000
162 East 92nd Street, #TH
$16,995,000
Carnegie Hill | Townhouse | 5 Bedrooms, 6+ Baths | 10,000 ft2
162 East 92nd Street, #TH (Modlin Group LLC)
-5.2% | -$705,000
One Central Park West, #49/50C
$12,795,000
Central Park West | Condominium | 5 Bedrooms, 4.5 Baths | 4,266 ft2
One Central Park West, #49/50C (Compass)
-11.9% | -$1,490,001
205 West 19th Street, #11
$10,999,999
Chelsea | Cooperative | 4 Bedrooms, 4.5 Baths | 5,400 ft2
205 West 19th Street, #11 (Serhant)
551W21, #7B (Brown Harris Stevens Residential Sales LLC)
-8.5% | -$550,000
13 Gramercy Park South, #4
$5,950,000
Gramercy Park | Cooperative | 3 Bedrooms, 2.5 Baths
13 Gramercy Park South, #4 (Compass)
-29.4% | -$2,000,000
The Plaza, #1605
$4,800,000
Midtown West | Condominium | 1 Bedroom, 1.5 Baths | 1,212 ft2
The Plaza, #1605 (Douglas Elliman Real Estate)
-18.9% | -$900,000
369 Bleecker Street, #PH
$3,850,000
West Village | Condominium | 2 Bedrooms, 2.5 Baths | 1,590 ft2
369 Bleecker Street, #PH (Compass)
-6.5% | -$255,000
The Calyer Greenpoint, #4B
$3,695,000
Greenpoint | Condominium | 4 Bedrooms, 3 Baths | 2,051 ft2
The Calyer Greenpoint, #4B (Douglas Elliman Real Estate)
Linea, #3A (Corcoran Group)
-22.2% | -$855,000
Blue, #PH
$2,995,000
Lower East Side | Condominium | 2 Bedrooms, 3 Baths | 2,500 ft2
Blue, #PH (Brown Harris Stevens Residential Sales LLC)
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-11.9% | -$400,000
East Hill, #2AB
$2,950,000
Yorkville | Condominium | 4 Bedrooms, 4 Baths | 2,592 ft2
East Hill, #2AB (Coldwell Banker Warburg)
-10.6% | -$350,000
Trump World Tower, #55C
$2,950,000
Turtle Bay/United Nations | Condominium | 2 Bedrooms, 2.5 Baths | 2,087 ft2
Trump World Tower, #55C (Compass)
-12.9% | -$375,000
169 East 69th Street, #19A
$2,525,000
Lenox Hill | Cooperative | 2 Bedrooms, Unknown Baths | 1,413 ft2
169 East 69th Street, #19A (Sothebys International Realty)
-15.3% | -$450,000
422 West 20th Street, #5A
$2,500,000
Chelsea | Condominium | 3 Bedrooms, 2 Baths | 1,618 ft2
422 West 20th Street, #5A (Compass)
-12.5% | -$355,000
The Arcadia, #PHC
$2,495,000
Chelsea | Cooperative | 3 Bedrooms, 2 Baths | 1,700 ft2
The Arcadia, #PHC (Compass)
-12.9% | -$355,000
100 North 3rd Street, #4A
$2,395,000
Williamsburg | Condominium | 2 Bedrooms, 2 Baths | 1,517 ft2
100 North 3rd Street, #4A (Corcoran Group)
-11.7% | -$300,000
The Chatsworth, #8C
$2,275,000
Riverside Dr./West End Ave. | Cooperative | 2 Bedrooms, 2 Baths
The Chatsworth, #8C (Cooper & Cooper Real Estate LLC)
171N1, #3K (Compass)
-11.3% | -$255,000
119 Henry Street, #3
$1,995,000
Brooklyn Heights | Cooperative | 3 Bedrooms, 2 Baths
119 Henry Street, #3 (Compass)
-6.7% | -$135,800
Monogram New York, #21F
$1,887,800
Midtown East | Condominium | 1 Bedroom, 1 Bath | 700 ft2
Monogram New York, #21F (Douglas Elliman Real Estate)
-7.9% | -$125,000
The Rogers Residences, #5A
$1,450,000
Prospect Lefferts Gardens | Condominium | 3 Bedrooms, 2.5 Baths | 1,346 ft2
The Rogers Residences, #5A (Corcoran Group)
-12.5% | -$200,000
207 Prospect Avenue, #1
$1,395,000
Park Slope | Condominium | 1 Bedroom, 2.5 Baths | 1,604 ft2
207 Prospect Avenue, #1 (Corcoran Group)
-20% | -$325,000
The Butler Collection, #10A
$1,300,000
Park Slope | Condominium | 1 Bedroom, 1 Bath | 1,124 ft2
The Butler Collection, #10A (Douglas Elliman Real Estate)
-12.2% | -$152,000
Fred Leighton Building, #4E
$1,098,000
Park/Fifth Ave. to 79th St. | Cooperative | 1 Bedroom, 1 Bath
Fred Leighton Building, #4E (Compass)
-9.2% | -$110,000
159 West 126th Street, #GARDENA
$1,090,000
Harlem | Condominium | 2 Bedrooms, 2.5 Baths | 1,230 ft2
159 West 126th Street, #GARDENA (Compass)
-11.6% | -$130,000
100 Avenue A, #2B
$995,000
East Village | Condominium | 1 Bedroom, 1 Bath | 678 ft2
100 Avenue A, #2B (Compass)
-13.5% | -$155,000
Beekman Terrace, #4C
$995,000
Beekman/Sutton Place | Cooperative | 2 Bedrooms, 2 Baths
Beekman Terrace, #4C (Corcoran Group)
-5.7% | -$50,000
The 462 St. Marks Avenue Condominium, #101
$825,000
Crown Heights | Condominium | 1 Bedroom, 1 Bath | 691 ft2
The 462 St. Marks Avenue Condominium, #101 (Corcoran Group)
-16.2% | -$145,000
Little Gramercy, #6B
$750,000
Gramercy Park | Cooperative | 2 Bedrooms, 1 Bath
Little Gramercy, #6B (Compass)
Toren, #602 (Compass)
-10% | -$66,200
ROL Broadway, #4B
$595,800
Bedford-Stuyvesant | Condominium | 1 Bedroom, 1 Bath | 612 ft2
ROL Broadway, #4B (Compass)
-10.2% | -$51,000
The Amherst, #2P
$449,000
Lenox Hill | Cooperative | Studio, 1 Bath
The Amherst, #2P (Berkshire Hathaway HomeServices New York Properties)
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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