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A blog from CityRealty (Links below will take you to the 6sqft site)

Features

77 Charlton Street in Hudson Square locked in 12 deals over the past week (Toll Brothers) 77 Charlton Street in Hudson Square locked in 12 deals over the past week (Toll Brothers)
From July 18-25, a total of 451 free-market Manhattan condo, co-op, and condop sales were recorded with an aggregate total of $909,594,481. This is the highest total since CityRealty began tracking weekly recorded sales in 2018, and aggregate sales for the past week are up a whopping 152 percent from the same week in 2020, when New York was in the middle of a carefully phased reopening process.

A total of 211 recorded condo deals amounted to $574.8 million in deals, with the median sales price coming to $1.588 million, or $1,518 per square foot. 229 co-op deals were recorded at a median price of $920K.
551-West-21st-Street-01 551W21 via Douglas Elliman
The past week was an impressive one for downtown neighborhoods. A short walk from Google's incoming Hudson Square outpost, the nearby Toll Brothers condo 77 Charlton Street racked up $23 million in closings across 12 sales over the past week. The two-wing building's residential sellout is $326.6 million, and it has racked up $66.3 million in sales so far. Remaining availabilities start at $1.07 million.

A little further uptown, buyers have taken notice of the impressive architecture in West Chelsea. An LLC purchased two adjacent 17th-floor condos at the Foster + Partners-designed 551W21 for a total of $23 million. A few blocks north, a penthouse at Zaha Hadid's 520 West 28th Street closed for $10,937,500. However, another downtown sale on the West Side overshadows all these: A five-bedroom unit at The Abingdon, a prewar condo conversion in the West Village, closed for $33.5 million.
730-Fifth-Avenue-01 Aman New York Residences / Crown Building on Billionaire's Row where two units were signed asking a total of $64.5M
Meanwhile, from July 19-25, 2021, a total of 39 luxury contracts were signed in Manhattan with a total weekly asking price sales volume of $376,532,990. This is six more contracts than last week, and Olshan Realty's market report attributes the high volume to a combination of low interest rates and a stock market that registered new closing highs on July 24.

Shortly after CityRealty's top sales and contract article appeared online last Monday, The Wall Street Journal reported that in the past few weeks, two three-bedroom apartments at Aman New York Residences entered contract for their full asking price - $34.5 million for an 18th-floor unit with a massive private terrace and private infinity pool, and $30 million for a 19th-floor unit. The buyers were identified only as frequent guests of Aman properties around the world, and their purchases bring the 22-unit building to over 50% sold. Closings are expected to commence by the end of the year.
40-East-End-Avenue-01 40 East End Avenue via Corcoran
The top contract recorded by Olshan last week was a triplex penthouse at 40 East End Avenue asking $25.5 million. This sponsor unit represents one of the top sales in the history of East End Avenue, and features 5,949 square feet of interior space and 1,866 square feet of private outdoor space. Many luxury buyers are seeking extra space in the wake of the pandemic, but Crista Villella of Corcoran Sunshine, part of the on-site sales team, says that the unidentified buyers started looking before Covid.
The 39 contracts comprised 23 condos, eight co-ops, and eight townhouses. New York City townhouses previously occupied by Eleanor Roosevelt and Edgar Allan Poe were among the past week's contracts, but homes connected to business impresarios commanded the highest asking prices: The Upper East Side home of real estate investor David Edelstein entered contract with an ask of $23 million, or just over the $19 million he paid for it in 2016. A few doors down, a carriage house once owned by John D. Rockefeller Jr. at 163 East 70th Street entered contact asking $17.95 million; it is currently configured as a single-family home with a ground-floor medical office.
Eleanor Roosevelt's former townhouse at 55 East 74th Street went into contract last week. Its last asking price was $13.49M






Top Sales
607-Hudson-Street-01 All images of The Abingdon via Christie's International Real Estate
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From the listing:
Privacy and craftsmanship abound in this luxurious, full service mansion condominium, custom designed for entertaining and showcasing important art. Palatial and sophisticated, this 9,600 square foot, 5 bedroom residence is located at The Abingdon, the most coveted boutique prewar condo conversion in the heart of the West Village.

One enters onto a dramatic double-height foyer with a sweeping grand white Carrara marble staircase showcasing 30’ foot ceilings. An impressive architectural statement, the staircase also serves as the central point of circulation throughout this voluminous three-story home. The main entertaining parlor floor boasts 12’ 6 foot ceilings and features a grand foyer, gallery hall, double corner great room, dining room, a separate library, and an eat-in chef’s kitchen. Magnificent proportions, a thoughtful layout and gallery walls throughout accommodate a sizable art collection. The commanding corner great room, with fireplace, is perfect for large gatherings and enjoys north and west exposures, inviting abundant natural light and postcard views of historic and protected prime West Village through multiple and oversized picture windows. The custom eat-in kitchen off the gracious dining area is accessed via the butler’s pantry for proximate service. A serene library, also with fireplace is set privately away from the grand rooms.

1110-Park-Avenue-01 All images of 1110 Park Avenue via Compass
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From the listing:
Private and luxurious: own two full floors of new construction in one of Park Avenue’s only condominiums. Spanning both the entire 10th and 11th floors of this intimate nine residence building, the home boasts iconic views and a lifestyle of unmatched luxury. Gracious and inviting, the space is flooded with natural light, affording sophistication with 4 bedrooms, 4.5 bathrooms, soaring ceilings, and custom designer upgrades throughout. Highlights are a stunning gourmet chef’s kitchen designed by Christopher Peacock, with hand-painted cabinetry, Statuario Piccolo marble, and chef-grade Gaggenau, Wolf and Sub-Zero appliances. The rest of the living and entertaining floor is met by a handsome study with built-ins, generous private library, oversized great room with stone fireplace, an elegant formal dining room for hosting dinner parties with ease, and a terrace off of the living room for a breath of fresh air.

551-West-21st-Street-01 All images of 551W21 via Douglas Elliman
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From the listing:
Enjoy the breathtaking river and city views from this gracious 4,271-square-foot, 4-bedroom, 4.5-bathroom West Chelsea residence in one of the most distinguished buildings designed by Prtizker prize winner Foster + Partners.

A private elevator opens to a majestic foyer with cove lighting and a gallery that leads you to the grand living room with south and west facing windows, French inspired oak herringbone floors and an adjacent library with 11-foot ceilings throughout. Interiors designed by Foster + Partners include a kitchen by Molteni with top of the line appliances including a Gaggenau 5-burner stove, a Miele integrated coffee machine, warming drawers and a Sub-Zero refrigerator surrounded with Blanco de Macael marble countertops and stained oak cabinetry. The corner primary bedroom with direct city and river views features a fully finished walk in closet with extensive custom millwork by Foster + Partners, and grand double doors that lead to the luxurious primary bathroom.
8 Available Listings for sale from $2.2M
2 Available Listings for rent from $7,995

33-East-70th-Street-01 Google Streetview of 33 East 70th Street
33-East-70th-Street-02 Interiors via Sotheby's International Realty
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From the listing:
This magnificent and high floor renovated 10-room apartment is located in one of New York’s finest prewar cooperatives, in the East 70’s and Madison, just steps from Central Park.

This apartment underwent an 18 month+ renovation and includes large new windows, 6 zoned central air conditioning, hardwood floors, new bathrooms, soaring beamed ceilings and moldings. Designed by Amanda Nisbet, this four-bedroom apartment is in move-in condition and combines original architectural details with a color palette that takes center stage.

A semi private elevator landing leads to an elegant entry gallery which opens to a grand living room with high ceilings and a wood burning fireplace overlooking the majestic Spire of St. James Church.

Adjacent, there is a comfortable library with custom built-ins and a bar with wine refrigerator. The gracious formal dining room is accessed off the gallery. The South-facing windowed eat-in kitchen, has marble counter-tops, custom cabinetry and top-of-the line appliances. There is a butler’s pantry, marbled center island, a spacious breakfast room and a homely family room. Off the kitchen there is a small office space, laundry and staff room with a full bathroom. A powder room completes this area.
2 Available Listings for sale from $7.2M

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1 Available Listing for sale for $4.95M

Top Contracts
40-East-End-Avenue-01 All images of 40 East End Avenue via Corcoran
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From the listing:
Spanning three levels, Penthouse A at 40 East End Avenue is an exquisite 5,949-square-foot full-floor duplex residence featuring four bedrooms plus solarium, four-and-a half-bathrooms and 1,866 square feet of outdoor space which includes three terraces plus a full-floor private rooftop terrace complete with an outdoor kitchen. Showcasing spectacular panoramic views of the East River and city skyline, 360-degree exposures are maximized with floor-to-ceiling casement windows and ceilings as high as 13 feet.

Upper Level: A keyed elevator opens to a sundrenched, private entry gallery with Arabescato Cervaiole marble floors laid in a Chevron-pattern and a Nero Marquina Marble border. The sprawling 33-FT x 22 FT Great Room features 13-foot ceilings, an oversized gas fireplace with custom Nero Saint-Laurent marble surround, and South, East and North views of the East River. The Great Room and adjoining Dining Room feature custom crown molding and wide plank white oak hardwood flooring in a herringbone pattern, imbuing depth and character into the expansive spaces. The open chef’s kitchen makes use of the extra ceiling height with stacked cabinetry, and also affords a spacious eat-in breakfast/family room that is ideal for both cooking and entertaining. The kitchen features Italian Arabescato Cervaiole marble-slab countertops; custom designed high-gloss lacquer Italian Pedini cabinetry; and state-of-the-art appliances by Gaggenau including a double wall oven, teppanyaki grill, electric grill and five burner gas cooktop.
9 Available Listings for sale from $4.2M

116-East-70th-Street-01 All images of 116 East 70th Street via Douglas Elliman
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From the listing:
Located on one of the best town house blocks on the upper east side, this historic single-family home has been newly renovated and is ready to move in. Built in 1869, and reimagined in 1899 by master builder Michael Reed, this home is a jewel. All mechanical, electrical, HVAC, plumbing and windows were recently replaced, in addition to the floors on the top 2 levels, resulting in a truly mint home which offers every modern convenience in a classic space which retains many original details.

This stunning home features 5 or 6 bedrooms, 4 full bathrooms and 5 half baths. Prized outdoor space includes a 12' deep entry courtyard, a newly landscaped 26' deep south-facing garden off the breakfast room, and two southern terraces (off the second-floor dining room and fourth-floor bedroom), which bring exceptional light and air into the home. The house is accessed by 2 entrances leading to an entry gallery which leads to the cozy den area and top-of-the-line chef's kitchen.

520-Park-Avenue-01 All images of 520 Park Avenue via Douglas Elliman
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From the listing:
Welcome to 520 Park Avenue 25, a sprawling full floor residence that is one of only 35 units in the building, consisting merely of private full floor residences. Residence 25 has vast city and Central Park views from nearly every room, and a naturally flowing layout with 11’ ceilings. French herringbone pattern select-cut solid white oak hardwood floors gracefully encompass the whole residence.

The elegantly connected entertaining spaces form an expansive living room that flows into a dining room with unobstructed views of Central Park, The Upper West Side and The Upper East Side. The residence offers a sophisticated eat in Christopher Peacock kitchen with Miele, Wolf and Sub-Zero appliances. The primary bedroom has direct southern and eastern views while offering vivid sunlight. The master features a fully finished walk in closet with extensive custom millwork and two windowed en-suite primary bathrooms. One of the marvelous primary baths includes elegant finishes, with integrated lighting, a custom designed floor to ceiling translucent glass doored walk-in shower, and a bidet.
8 Available Listings for sale from $20.5M
1 Available Listing for rent for $75,000
520-Park-Avenue-04

432-Park-Avenue-01 All images of 432 Park Avenue via Corcoran
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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 high 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.

The overall footprint of this unit has well-proportioned rooms, split bedrooms wings all with luxurious bathrooms. A possible third bedroom or den/home office has elegant doors opening into the living room enhancing the flexible layout.
10 Available Listings for sale from $5.25M
2 Available Listings for rent from $27,000
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163-East-70th-Street-01 All images of 163 East 70th Street via Compass
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From the listing:
Currently configured as a single family home with a ground floor medical office, with separate entrance, and delivered vacant, the ground floor presents buyers with incredible possibilities. Incorporate the office into the residence, rent as a separate medical office for an estimated $240k in annual rental income, keep as a private home office, expand the garage, use as private gallery space for an important art collection, create windowed staff suites, family recreation space, or any combination thereof.

163 East 70th Street was completely gut renovated in the 1970s to a very high standard, with steel and concrete construction. It combines the elegance and charm of a 19th century townhouse with proportions only found in the very grandest downtown lofts or pre-war Park or Fifth Avenue apartments. While in need of updating, with the potential to enlarge the house with a re-built 4th-floor rooftop addition, it has an ideal residential layout and features that many buyers would retain, including an exquisite sky-lit sculptural staircase that floods the center of the house with natural light, and a central elevator shaft. Upon entering the house, one is immediately drawn upwards by the light pouring in from the central stair, leading to the parlor level. An enormous but gracious living room opens on one end to an elegant library, with wood burning fireplace, and on the other to the formal dining room (which easily seats 20). A hall leads to a massive eat-in kitchen at the rear, with large glass doors open onto a terrace with lovely townhouse garden views. Two guest powder rooms complete the entertaining space.

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