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Manhattan Contracts: Cape Cod-style penthouse finds a buyer; ONE11 Residences signs 15 contracts in 10 weeks

ONE11 Residences at Thompson Central Park, #PHA (Building rendering courtesy of GFI Development; PHA interiors by Colin Miller) ONE11 Residences at Thompson Central Park, #PHA (Building rendering courtesy of GFI Development; PHA interiors by Colin Miller)
In December 2023, just over a year after sales launched, closings commenced at ONE11 Residences at Thompson Central Park. Located on the top nine floors of Thompson Central Park, all units enjoy beautiful views, interiors by Thomas Juul-Hansen, the option of turnkey furniture packages, and access to the hotel's concierge service, fitness center, and Upper Stories members-only lounge. This has proven an enticing combination; the building has recently signed 15 contracts in ten weeks.

Among them was Penthouse A, Manhattan's top contract from January 29 to February 4, 2024 with an asking price of $16,950,000. The four-bedroom residence on the 42nd floor features 3,042 interior square feet and a combined total of 2,642 square feet of private outdoor space that includes a wraparound terrace and a 43rd-floor roof terrace with outdoor kitchen.
It was trailed closely by Residence #11 at The Benson, which was asking $15,500,000. Olshan Realty's market report notes that this full-floor, five-bedroom home was originally part of a duplex purchased as two separate floors in March 2022. It was delivered with a staircase connecting the tenth and eleventh floors, but in June 2022, the buyers changed their minds, relisted the two floors for $33.5 million, and also offered the option of the floors separately for $17.5 million. The tenth floor sold in October 2023, and the eleventh floor entered contract last week, reportedly after a bidding war.

In this article:

River House, 435 East 52nd Street
River House, 435 East 52nd Street Beekman/Sutton Place
733 Park Avenue
733 Park Avenue Park/Fifth Ave. to 79th St.
470 Park Avenue
470 Park Avenue Midtown East
The Benson, 1045 Madison Avenue
The Benson, 1045 Madison Avenue Carnegie Hill
Beckford Tower, 301 East 80th Street
Beckford Tower, 301 East 80th Street Yorkville
The Minthorne House The Minthorne House, PH
In the top downtown contract of the week and third-highest overall, the penthouse at The Minthorne House in the East Village entered contract with an asking price of $9,750,000 after only 16 days on the market. Notable features include a gas-burning limestone fireplace, a windowed chef's kitchen, a library with custom shelving, and a dramatic staircase connecting both levels, but the crowning glory is a Cape Cod-style rooftop cottage with high ceilings, exposures on three sides, open city views, and access to the penthouse's planted terrace. The listing notes that it can function as a standalone studio, home office, or guest suite, but neither the buyer nor their plans for the cottage have been revealed.
Also of note downtown, new development condominium 200E20th signed six contracts last week, coming to a total of $12,200,000. While none of these ranked among Manhattan's top contracts, it nevertheless goes to show that new development in the Gramercy-Union Square area is of interest to luxury buyers.




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50 West 66th Street, #12B (Douglas Elliman Real Estate)

Beckford Tower, #7A (Corcoran Group)

241 West 4th Street, #4 (Sothebys International Realty)

470 Park Avenue, #PHA (Douglas Elliman Real Estate)

733 Park Avenue, #27FL (Douglas Elliman Real Estate)

River House, #9G (Sothebys International Realty)

50 West 66th Street
Windowed kitchen
From the Listing: Extell's newest tower will have 125 ultra-luxury homes ranging from two bedrooms to full floors. House residence 11F is a gracious 2,851-square-foot, 3-bedroom 3.5-bath home. This southwest-facing apartment can be shown by private appointment. See floor plan and full details here.

50 West 66th Street has 9 public availabilities from $4,600,000.


The Minthorne House, #PH (Compass)

The Benson, #11 (Brown Harris Stevens Residential Sales LLC)

ONE11 Residences, #PHA (Douglas Elliman Real Estate)
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