Flatiron House, #19A, the building's highest-priced closing to date (Corcoran Sunshine Marketing Group)
Manhattan Sales:
- For the week ending March 1, 2024, $342,325,857 worth of transactions across 197 condo, condop, and cooperative deals were recorded
- 90 condo sales came to an aggregate price of $210,052,848
- Eight condop sales came to an aggregate price of $8,234,005
- 99 co-op sales came to an aggregate price of $124,039,004
In this article:
While the Presidents' Day federal holiday was undoubtedly a factor in a subdued sales week ending February 23, February 2024 closed out with a full business week and a more robust showing for the Manhattan sales market. It was an especially strong time for new development buildings and conversions, which accounted for 13 of the top 20 sales for the week ending March 1, 2024.
But for all the hype and demand surrounding new developments in hip neighborhoods, a classic prewar cooperative on Central Park West took the top sale: Residence #8AE/9A at The Prasada, a Beaux Arts cooperative located at 50 Central Park West, closed for $16,900,000. The five-bedroom home has recently been renovated, but there was no improving on the views of "New York's backyard" from oversized windows throughout.
One High Line (Evan Joseph)
Meanwhile, it was another good week for One High Line. A total of $28,950,000 in sales was recorded in the building last week with the $14,150,000 Residence #W29A taking the top condo sale and second-highest overall. It was closely trailed by its neighbor, Residence #W29B, which closed for $11,600,000 in the week's fourth-highest sale. Both units feature interiors by Gabbellini Sheppard as well as dramatic views of the Hudson River and Manhattan skyline.
Not only were the sales at One High Line among the highest-priced sales of the week, but they represent the most expensive closings in the two-tower complex to date. Contracts are out for two penthouses at One High Line – one asking $52 million, the other asking $30 million – but neither of these sales has closed yet.
Not only were the sales at One High Line among the highest-priced sales of the week, but they represent the most expensive closings in the two-tower complex to date. Contracts are out for two penthouses at One High Line – one asking $52 million, the other asking $30 million – but neither of these sales has closed yet.
Coming in between the two One High Line sales for the week's third-highest was Residence #19A at Flatiron House, which closed for $12,120,000. The sale closed shortly after it entered contract and came in slightly below the asking price of $12,750,000, but was still the most expensive closing in the building to date. Madison Square Park is just down the street, but this full-floor four-bedroom home offers a total of 932 square feet of outdoor space between planted loggias and a large private terrace.
Rounding out the week's top sales was Residence #40A at 200 Amsterdam Avenue. The closing price of $10,650,000 was over $1.8 million below the asking price when it entered contract in January 2024, but was nevertheless good enough for the fifth-highest sale of the week.
Indeed, CityRealty data shows that condo prices have shown softness in recent months, as there are a number of behind-the-scenes concessions and incentives being offered to buyers. But with resale inventory low and new development inventory starting to trend downward, it remains to be seen how long negotiable pricing like this will hold.
200 Amsterdam Avenue, #40A (Brown Harris Stevens)
From the Listing:
Accessed via a semi-private landing this 2,678-square-foot, three-bedroom, three and a half-bath condominium offers an elegant, modern plan and spectacular views of Central Park, the Manhattan skyline and Hudson River. A gracious foyer and gallery leads to the stunning corner living and dining area with 10’7” ceilings, French White Oak floors in a chevron pattern and soaring, floor to ceiling windows framing spellbinding views to the east and south. Innovative sliding glass panels allow for the option to have either an open or closed kitchen. Located on the southwest corner of the unit with sweeping views of the skyline and Hudson River, this spacious and airy eat-in-kitchen is truly an extension of the home’s dramatic living areas. The Calacatta marble center island provides seating for four and abundant work space and storage.
Accessed via a semi-private landing this 2,678-square-foot, three-bedroom, three and a half-bath condominium offers an elegant, modern plan and spectacular views of Central Park, the Manhattan skyline and Hudson River. A gracious foyer and gallery leads to the stunning corner living and dining area with 10’7” ceilings, French White Oak floors in a chevron pattern and soaring, floor to ceiling windows framing spellbinding views to the east and south. Innovative sliding glass panels allow for the option to have either an open or closed kitchen. Located on the southwest corner of the unit with sweeping views of the skyline and Hudson River, this spacious and airy eat-in-kitchen is truly an extension of the home’s dramatic living areas. The Calacatta marble center island provides seating for four and abundant work space and storage.
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One High Line (CityRealty)
Flatiron House, #19A (The Corcoran Group)
From the Listing:
This four-bedroom, four-bathroom home has sweeping 360-degree landmark views from floor-to-ceiling windows. Views include Empire State Building, The Clocktower, Flatiron Building, and One World Trade Center. Elevators open into a gracious entry gallery leading to the corner open living and dining room with bright south and east exposures. Views are offset by a planted loggia that runs the full length of the east facade and the south-facing terrace (with gas grill) which captures river to river and all of downtown views. The corner kitchen, with four windows facing south and west, features ample custom oak, lacquer, and ribbed glass cabinetry framed in brass, a large island along with Calacatta Lincoln marble slab countertops and backsplashes and a pantry. Appliances include a Thermador six burner, with griddle and two oven gas range, a vented hood, a Bosch speed oven and dishwasher, and a Gaggenau refrigerator/freezer and full height wine refrigerator. The primary corner suite, on the east and north side of the residence offers access to the planted loggia and is generously sized with a large walk-in closet and windowed dressing room.
This four-bedroom, four-bathroom home has sweeping 360-degree landmark views from floor-to-ceiling windows. Views include Empire State Building, The Clocktower, Flatiron Building, and One World Trade Center. Elevators open into a gracious entry gallery leading to the corner open living and dining room with bright south and east exposures. Views are offset by a planted loggia that runs the full length of the east facade and the south-facing terrace (with gas grill) which captures river to river and all of downtown views. The corner kitchen, with four windows facing south and west, features ample custom oak, lacquer, and ribbed glass cabinetry framed in brass, a large island along with Calacatta Lincoln marble slab countertops and backsplashes and a pantry. Appliances include a Thermador six burner, with griddle and two oven gas range, a vented hood, a Bosch speed oven and dishwasher, and a Gaggenau refrigerator/freezer and full height wine refrigerator. The primary corner suite, on the east and north side of the residence offers access to the planted loggia and is generously sized with a large walk-in closet and windowed dressing room.
One High Line (The Corcoran Group)
The Prasada (Brown Harris Stevens)
From the Listing:
This exquisitely renovated, 5,000-square-foot prewar home is a stunning combination of dramatic architecture with a classic contemporary renovation and features a new open kitchen with direct views of Central Park. Soaring 11-foot ceilings, 90 feet facing Central Park, oversized windows, bay windows and turn-of-the-century details- all completely renovated with multi zoned central air conditioning, new windows, a new gourmet open kitchen, 4-5 bedrooms, and 5 full and 2 half bathrooms.
This exquisitely renovated, 5,000-square-foot prewar home is a stunning combination of dramatic architecture with a classic contemporary renovation and features a new open kitchen with direct views of Central Park. Soaring 11-foot ceilings, 90 feet facing Central Park, oversized windows, bay windows and turn-of-the-century details- all completely renovated with multi zoned central air conditioning, new windows, a new gourmet open kitchen, 4-5 bedrooms, and 5 full and 2 half bathrooms.
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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