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Price Cuts include park-side homes with double-digit discounts; West Village house from 1828 gets $5M haircut

Various lower Manhattan listings that faced price reductions this past week Various lower Manhattan listings that faced price reductions this past week
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 this article:

Beekman Terrace, 455 East 51st Street
Beekman Terrace, 455 East 51st Street Beekman/Sutton Place
Fred Leighton Building, 45 East 66th Street
Fred Leighton Building, 45 East 66th Street Park/Fifth Ave. to 79th St.
The Amherst, 401 East 74th Street
The Amherst, 401 East 74th Street Lenox Hill
169 East 69th Street
169 East 69th Street Lenox Hill
Monogram New York, 135 East 47th Street
Monogram New York, 135 East 47th Street Midtown East
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.

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.



162 East 92nd Street, #TH (Modlin Group LLC)

One Central Park West, #49/50C (Compass)

205 West 19th Street, #11 (Serhant)

551W21, #7B (Brown Harris Stevens Residential Sales LLC)

13 Gramercy Park South, #4 (Compass)

The Plaza, #1605 (Douglas Elliman Real Estate)

369 Bleecker Street, #PH (Compass)

The Calyer Greenpoint, #4B (Douglas Elliman Real Estate)

Linea, #3A (Corcoran Group)

Blue, #PH (Brown Harris Stevens Residential Sales LLC)
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East Hill, #2AB (Coldwell Banker Warburg)

Trump World Tower, #55C (Compass)

169 East 69th Street, #19A (Sothebys International Realty)

422 West 20th Street, #5A (Compass)

The Arcadia, #PHC (Compass)

100 North 3rd Street, #4A (Corcoran Group)

The Chatsworth, #8C (Cooper & Cooper Real Estate LLC)

171N1, #3K (Compass)

119 Henry Street, #3 (Compass)

Monogram New York, #21F (Douglas Elliman Real Estate)

The Rogers Residences, #5A (Corcoran Group)

207 Prospect Avenue, #1 (Corcoran Group)

The Butler Collection, #10A (Douglas Elliman Real Estate)

Fred Leighton Building, #4E (Compass)

159 West 126th Street, #GARDENA (Compass)

100 Avenue A, #2B (Compass)

Beekman Terrace, #4C (Corcoran Group)

The 462 St. Marks Avenue Condominium, #101 (Corcoran Group)

Little Gramercy, #6B (Compass)

Toren, #602 (Compass)

ROL Broadway, #4B (Compass)

The Amherst, #2P (Berkshire Hathaway HomeServices New York Properties)

Would you like to tour any of these properties?
Just complete the info below.
  1. Select which properties are of interest to you:

Or call us at (212) 755-5544
Would you like to tour any of these properties?

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