This 80th floor 3-bedroom at 432 Park Avenue was one of the biggest sales recorded last week (Images via Compass)
From August 29-September 4, 2021, a total of 465 condo, co-op, and condop sales were recorded in Manhattan, coming to an aggregate price of $898,072,637 and making August 2021 the biggest month of recorded deals. The 200 condo sales came to a median price of $1.94 million. The nine condop sales came to a median price of $1.15 million, and the 256 co-op sales recorded a median price of $750K.
It was a good week for Upper East Side sales, with a $60 million triplex penthouse at 2 East 88th Street leading the charge. The exterior of the building was used in American Psycho; the interiors span the entire 14th, 15th, and 16th floors and are topped with a glass conservatory, offices, and entertainment space facing Central Park South and the Reservoir. This is Manhattan's most expensive co-op sale since 2015, coming in $20 million over ask.
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2 East 88th Street, home of Manhattan's top co-op sale since 2015, via CityRealty
A Mansion Global article notes that this sale came after only one day of showings in May 2021. The buyer was not identified, and the seller is financier/producer Jacqui Safra. It was trailed by a $20.35 million sale at The Marquand and a $19.1 million sale at 432 Park Avenue, located on the cusp of Billionaires' Row and the Upper East Side.
At the same time, Downtown condos also put on a strong showing. Randall Mills, vice chair of eXp World Holdings, closed on a home at the Zaha Hadid-designed 520 West 28th Street for $12 million, and a four-bedroom home at Tribeca's 45 Walker Street closed for $12.75 million, or 34.2 percent more than the last listed price of $9.5 million. Its most recent buyer and seller are hidden by LLCs, but screenwriter/director M. Night Shyamalan is among the previous owners. Mr. Shyamalan purchased the property for $6.3 million in 2003, and public records filed with the city in early 2012 indicate that he sold it for $9.5 million.
Tribeca rooftops with penthouse of 45 Walker Street to the center-far right
From August 30-September 5, 2021, a total of 23 contracts priced $4 million and up were signed in Manhattan with a total weekly asking price sales volume of $180,750,000. This is four fewer contracts than last week, yet represents the strongest pre-Labor Day weekend total since Olshan Realty began keeping track in 2006.
The leading contract by far was #PH1 at The Puck Penthouses, which entered contract with an asking price of $42.5 million. The unit has been on and off the market since 2015, starting at $66 million, and relisted for $42.5 million in March 2019. The Wall Street Journal announced the contract and the news that power couple Joshua Kurshner and Karlie Kloss signed a deal to buy the penthouse. The paper notes that The Puck Penthouses was developed by Kushner Cos., and Olshan Realty's market report says that Mr. Kushner and Ms. Kloss also own the other penthouse in the building.
Beyond The Puck Penthouses, it was another good week for New York City townhouses - four found buyers, and two are in the top five contracts. The second-highest deal of the week was the multi-unit townhouse at 95 Bedford Street, which started out as stables and then the headquarters for J. Goebel & Co. It is in need of renovations, but nevertheless entered contract with an asking price of $15.95 million.
Beyond The Puck Penthouses, it was another good week for New York City townhouses - four found buyers, and two are in the top five contracts. The second-highest deal of the week was the multi-unit townhouse at 95 Bedford Street, which started out as stables and then the headquarters for J. Goebel & Co. It is in need of renovations, but nevertheless entered contract with an asking price of $15.95 million.
The Puck Penthouses via The Modlin Group
Top Sales
2 East 88th Street via CityRealty
1 Available Listing for Sale for $39M
All images of 432 Park Avenue via Corcoran
From the listing:
Beautifully designed elevator cabins, deliver you to your home in style! Unit 80A has a private landing welcoming you into the spacious 2,633-square-foot home. This flexible 3-bedroom, 3-bathroom apartment is truly the ultimate pied-a-terre!
The walls are expansive throughout, ready for your personal art collection! Combined with amazing ceilings heights over 12.6 feet along with the buildings signature 10-foot square windows the overall proportions are what makes this home so desirable.
Waking up to the sereneness of Central Park views, having your breakfast looking over the East River, reading a book and lounging on the expansive window seats is a privileged dream. Dining with the twinkling lights of the city below, and bridges near and far create a magical view! These views and experience are second to none.
Beautifully designed elevator cabins, deliver you to your home in style! Unit 80A has a private landing welcoming you into the spacious 2,633-square-foot home. This flexible 3-bedroom, 3-bathroom apartment is truly the ultimate pied-a-terre!
The walls are expansive throughout, ready for your personal art collection! Combined with amazing ceilings heights over 12.6 feet along with the buildings signature 10-foot square windows the overall proportions are what makes this home so desirable.
Waking up to the sereneness of Central Park views, having your breakfast looking over the East River, reading a book and lounging on the expansive window seats is a privileged dream. Dining with the twinkling lights of the city below, and bridges near and far create a magical view! These views and experience are second to none.
10 Available Listings for Sale from $5.25M
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All images of 520 West 28th Street via Corcoran
From the listing:
Elevated 100 feet high over West Chelsea, this sprawling home measures 4,023 square feet interior plus an amazing 68′ × 14′ step-out (1,361-square-foot) setback terrace with views of the Empire State Building. The sprawling loft living area features a large south and north-facing Great Room with spectacular views over the High Line and Chelsea skyline from its private balcony, as well as a separate dining room or family area next to a Zaha-Hadid designed Boffi kitchen with Gaggenau appliances, double dishwashers, double refrigerators, steam oven and wine refrigerator. Designed with a four-bedroom layout (fifth bedroom possible), four en-suite baths, the primary bedroom’s giant dressing room, a service entrance and true utility room make Residence 34 a masterpiece in design and engineering.
Elevated 100 feet high over West Chelsea, this sprawling home measures 4,023 square feet interior plus an amazing 68′ × 14′ step-out (1,361-square-foot) setback terrace with views of the Empire State Building. The sprawling loft living area features a large south and north-facing Great Room with spectacular views over the High Line and Chelsea skyline from its private balcony, as well as a separate dining room or family area next to a Zaha-Hadid designed Boffi kitchen with Gaggenau appliances, double dishwashers, double refrigerators, steam oven and wine refrigerator. Designed with a four-bedroom layout (fifth bedroom possible), four en-suite baths, the primary bedroom’s giant dressing room, a service entrance and true utility room make Residence 34 a masterpiece in design and engineering.
Top Contracts
All images of The Puck Penthouses via The Modlin Group
From the listing:
This exceptional private home offers 7,241 square feet interior and 5,158 square feet exterior living space featuring 5 bedrooms, 7.5 baths, library, gym, home theater, wine cellar, and stunning landscaped private terraces with a yoga lawn, putting green, spa tub, and wet bar.
An unparalleled residence, masterfully custom designed by Jose Ramirez with no detail unrecognized with the finest quality custom finishes throughout. A palatial Penthouse residence with an elevator opening to the grand atrium gallery leading to the spectacular double living room with fireplace and expansive north-facing terrace with fireplace. The exceptional chef's kitchen features top-of-the-line appliances by La Cornue, Sub Zero, Wolf and Smeg.
The 7-room primary suite offers stunning city views with two large dressing rooms and two baths with custom finishes and a sitting room with a fireplace. The additional bedrooms have en suite marble baths. Every element of this extraordinary home has been designed, built and finished to the highest standards.
This exceptional private home offers 7,241 square feet interior and 5,158 square feet exterior living space featuring 5 bedrooms, 7.5 baths, library, gym, home theater, wine cellar, and stunning landscaped private terraces with a yoga lawn, putting green, spa tub, and wet bar.
An unparalleled residence, masterfully custom designed by Jose Ramirez with no detail unrecognized with the finest quality custom finishes throughout. A palatial Penthouse residence with an elevator opening to the grand atrium gallery leading to the spectacular double living room with fireplace and expansive north-facing terrace with fireplace. The exceptional chef's kitchen features top-of-the-line appliances by La Cornue, Sub Zero, Wolf and Smeg.
The 7-room primary suite offers stunning city views with two large dressing rooms and two baths with custom finishes and a sitting room with a fireplace. The additional bedrooms have en suite marble baths. Every element of this extraordinary home has been designed, built and finished to the highest standards.
All images of 95 Bedford Street via Leslie J. Garfield
From the listing:
Nestled in the heart of the West Village sits 95 Bedford Street, 9,232 square foot, multi-family townhouse with a sought-after private garage and exceptional history. The townhouse, designed for Herman Schade by Kurzer & Kohl architects of the time, was erected in 1894 to be used as Schade's personal stable. In 1927, after being utilized as a stable for many years J. Goebel & Co., the sole American importer of Grossalmerode clay, used to make crucibles, moved their company into the building. At that time they molded their insignia over the arched entrance proclaiming their new location, which can still be seen today. The firm utilized the ground floors for production and rented out the upper levels as apartments. J. Goebel & Co remained the building's owners until 1946 at which time an investor took possession. The townhouse, which has been held by a handful of owners since its original construction, has been lovingly maintained by the current family for over 45 years. The building is not only ideally located between Grove and Barrow Street but features meticulously maintained facade details, 25' of width, a garage (possibly two), and endless opportunities to create an unrivaled single-family West Village mansion, which can only be described as priceless.
Nestled in the heart of the West Village sits 95 Bedford Street, 9,232 square foot, multi-family townhouse with a sought-after private garage and exceptional history. The townhouse, designed for Herman Schade by Kurzer & Kohl architects of the time, was erected in 1894 to be used as Schade's personal stable. In 1927, after being utilized as a stable for many years J. Goebel & Co., the sole American importer of Grossalmerode clay, used to make crucibles, moved their company into the building. At that time they molded their insignia over the arched entrance proclaiming their new location, which can still be seen today. The firm utilized the ground floors for production and rented out the upper levels as apartments. J. Goebel & Co remained the building's owners until 1946 at which time an investor took possession. The townhouse, which has been held by a handful of owners since its original construction, has been lovingly maintained by the current family for over 45 years. The building is not only ideally located between Grove and Barrow Street but features meticulously maintained facade details, 25' of width, a garage (possibly two), and endless opportunities to create an unrivaled single-family West Village mansion, which can only be described as priceless.
52 Charles Street via Reserve Real Estate
From the listing:
Dream renovation opportunity on one of the West Village's best blocks, Charles Street. Sun-drenched 20' X 95' lot with a private south facing garden surrounded by beautiful neighboring townhomes and low lying buildings. A newly constructed home would yield in excess of 7,000 square feet in one of Downtown's most desirable locations.
Dream renovation opportunity on one of the West Village's best blocks, Charles Street. Sun-drenched 20' X 95' lot with a private south facing garden surrounded by beautiful neighboring townhomes and low lying buildings. A newly constructed home would yield in excess of 7,000 square feet in one of Downtown's most desirable locations.
All images of 150 Charles Street via Douglas Elliman
From the listing:
This expansive 3-bedroom, 3.5-bathroom end-unit with over 11-foot ceilings is laid out with 2,607 square feet of luxurious comfort in mind. A gracious entrance gallery, adorned with a coat closet and powder room, opens to a grand living/entertaining space. The dramatic full wall of northern-facing floor-to-ceiling casement windows provides enviable Hudson River views.
Whipping up refreshments for friends and family is a dream in the sophisticated custom Molteni kitchen complete with Alabama white marble counters, Lefroy Brooks fixtures, and Miele, Sub-Zero and Wolf appliances. The primary bedroom is a relaxing retreat overlooking the beautifully manicured gardens and filled with warm light through the southern-facing floor-to-ceiling windows.
This expansive 3-bedroom, 3.5-bathroom end-unit with over 11-foot ceilings is laid out with 2,607 square feet of luxurious comfort in mind. A gracious entrance gallery, adorned with a coat closet and powder room, opens to a grand living/entertaining space. The dramatic full wall of northern-facing floor-to-ceiling casement windows provides enviable Hudson River views.
Whipping up refreshments for friends and family is a dream in the sophisticated custom Molteni kitchen complete with Alabama white marble counters, Lefroy Brooks fixtures, and Miele, Sub-Zero and Wolf appliances. The primary bedroom is a relaxing retreat overlooking the beautifully manicured gardens and filled with warm light through the southern-facing floor-to-ceiling windows.
One Beekman via CityRealty
Interiors via Sotheby's International Realty
From the listing:
Apartment 9/10A is a 5,125 square foot duplex that blends classic amenities with modern design to create a lavish living space. The manned elevator takes you directly to the front door of the home. The gallery is gracious and grants access to all of the major living spaces on this level.
You are immediately drawn to the oversized living room with exposures to the north, east, and south, with breathtaking views of the East River. The light that these windows allow is equally as impressive as the views. From the formal living room there is access to a more comfortable library which is lined with custom shelving, oak paneled walls and a bronze lacquered ceiling.
The warm colors and wood burning fire place make this room the coziest in the home. The dining room and kitchen are both located off of the west end of the gallery. The dining room is impressive in size and can easily host a grand dinner party. The access to the kitchen's large butler's pantry is convenient for all events.
Apartment 9/10A is a 5,125 square foot duplex that blends classic amenities with modern design to create a lavish living space. The manned elevator takes you directly to the front door of the home. The gallery is gracious and grants access to all of the major living spaces on this level.
You are immediately drawn to the oversized living room with exposures to the north, east, and south, with breathtaking views of the East River. The light that these windows allow is equally as impressive as the views. From the formal living room there is access to a more comfortable library which is lined with custom shelving, oak paneled walls and a bronze lacquered ceiling.
The warm colors and wood burning fire place make this room the coziest in the home. The dining room and kitchen are both located off of the west end of the gallery. The dining room is impressive in size and can easily host a grand dinner party. The access to the kitchen's large butler's pantry is convenient for all events.
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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