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View from 10 Madison Square West, #2F View from 10 Madison Square West, #2F
Traditional real estate showings have resumed with new health and safety guidelines in place, though it will take some time before we see the effect of this on the New York City real estate market. Olshan Realty's weekly market report notes that the seven contracts signed at $4 million and above from June 22-28 is down from the dozen of the previous week, yet this is still a higher total than some of the weeks during the depths of New York City's lockdown. Regardless, the weekly asking price sales volume came to a total of $76,415,000.
The top contract of the past seven days was a high-floor, half-floor three-bedroom at One57 overlooking Central Park and asking $27.1 million. The unit was sold by the sponsor, Extell, which declined to provide further details. The broker of the week's second-highest contract, #44A at 25 Park Row, was a bit more forthcoming, noting that its buyers were New Yorkers who saw the apartment before the pandemic. This four-bedroom condo overlooks City Hall Park and was listed for $12.95 million.
Indeed, the week's top sales and contracts were dominated by condos and co-ops overlooking New York's most famous parks. The top sale of the week was a three-bedroom in The Eldorado, an Emery Roth-designed cooperative on Central Park, that sold for $7.5 million. Additional leading sales and contracts overlook Madison Square Park, Hudson River Park, and the High Line.
Central-Park-01 Central Park vistas via Extell
For the last week of June, there were a total of 113 condo, condop, and co-op residential sales recorded in Manhattan blending to an average price $1.45 million and an aggregating to $145M, more than a $100M departure from the total last week. The majority of deals closed in early to mid-June.
The 43 condo sales came in at an average of $2.08 million or $1,569 per square foot. Last week's 70 co-op sales averaged $1.07M. There were 14 sales of $2M or more recorded this past, down from 25 the week prior. See the full list of sales recorded last week below.

Top Sales
1. The Eldorado, 300 Central Park West, #27D – $7,500,000

Central Park West | Co-op | 3 beds, 3.5 baths
300-Central-Park-West-01 The Eldorado via Douglas Elliman

2. 1115 Fifth Avenue, #12-C – $7,400,000

Carnegie Hill | Co-op | 5 beds, 4.5 baths
1115-Fifth-Avenue-01 1115 Fifth Avenue via Brown Harris Stevens

225-West-17th-Street-01 225 West 17th Street via Compass

4. 10 Madison Square West, 5 West 24th Street, #2F – $5,800,000 ($2,426 ft2)

Flatiron/Union Square | Condo | 3 beds, 3.5 baths | 2,391 sq ft
5-West-24th-Street-01 10 Madison Square West via Engel & Volkers

100-Barclay-Street-01 One Hundred Barclay Tribeca via Corcoran

Top Contracts
Condo | 3 beds, 3.5 baths | 4,193 ft2
157-West-57th-Street-01 All images of One57 via Extell
From the listing:
The interior designer layered the interiors with warm furnishings and luxurious finishes to create an oasis designed for entertaining. The Grand Salon with soaring 11'10 ceilings and dimensions of 43 by 30 feet is the centerpiece of this exceptional floor plan, offering the ideal setting for formal entertaining and the display of fine art. A show-stopping blue art piece by Christina Watka slides away to reveal a television screen. Another standout detail is a custom, dual-sided fireplace that separates the living and dining spaces. The custom-designed floor to ceiling curtain wall accentuates full Central Park views to the north and captivating views of Manhattan including the Chrysler and Empire State Buildings to the south.
15 Available Listings from $3.6M

Condo | 4 beds, 4.5 baths | 3,580 ft2
25-Park-Row-01 All images of 25 Park Row via The Corcoran Group
From the listing:
This sprawling 3,580-square-foot full floor residence offers prime, protected views over City Hall Park sweeping from river to river and showcasing architectural marvels in every direction. With four bedrooms and four-and-a-half baths along with a 480-square-foot terrace and a stunning living and dining room encased on three sides in expanses of glass, this residence offers stunning detail at every turn.Fine finishes include wide plank Italian oak flooring, 9 decorative moldings, oversized casement windows, and a Juliet balcony in the master bedroom. The eat-in kitchen offers a cantilevered island featuring custom cabinetry and shelving in a white lacquer finish with Calacatta Gold marble countertops and backsplash.
18 Available Listings from $2M

Condo | 4 beds, 4 baths | 3,637 ft2
160-West-66th-Street-01 All images of 3 Lincoln Center via The Corcoran Group
From the listing:
Floor-to-ceiling windows comprise the north, east and west facades of this fabulous residence located in a premier white glove condominium adjacent to Lincoln Center and its abundance of cultural venues at the dynamic center of the Upper West Side. A generous gallery opens into 70 feet of knockout City and Park views encompassing a 38' living room and 20' dining room. An enchanting eat-in kitchen fabricated by Leicht with custom cabinetry, sourced stone countertops and top-of-the-line appliances overlooks Central Park. The enormous master bedroom, with a superb en suite bath and dressing room, has broad aerial views up and down the Hudson River. A second master bedroom with dazzling Park and River vistas is now used as a home office.
5 Available Listings from $1.4M

Co-op | 5 beds, 5.5 baths
1220-Park-Avenue-01 All images of 1220 Park Avenue via Brown Harris Stevens
From the listing:
One of only four of the famed C line duplexes at the Rosario Candela-designed 1220 Park Avenue, this high-floor, sun-flooded estate apartment is ready for a new life. From a semi-private elevator vestibule the grand entrance gallery with 10' ceilings and a sweeping staircase leads to three major public rooms. Original details are intact, including the paneled mahogany doors, the brass bullet hinges and the herringbone floors. French doors lead to a gracious living room with wood-burning fireplace, and an adjoining library, both with sunny southern views over Carnegie Hill and the midtown skyline. The massive formal dining room leads to a butler's pantry, and an eat-in kitchen with a huge laundry room with back staircase and a generous maid's room with full bath. Upstairs, another grand gallery has convenient access to the passenger elevator, ample closets and leads to three large bedrooms, each with excellent closet space and private bathrooms.
1 Available Listing for $18M

Condo | 2 beds, 2 baths | 1,691 ft2
520-West-28th-Street-01 All images of 520 West 28th Street via The Corcoran Group
From the listing:
RESIDENCE 13 is a distinctive home of 1,691 square feet with nearly 50 linear feet of floor-to-ceiling glass. The oversized Great Room features a signature “chevron” window that reflects the exterior design, and the extraordinary open kitchen, designed by Zaha Hadid in collaboration with Boffi, boasts a sculptural marble-clad island and Gaggenau appliances. The generous master suite features large closets, and an exquisite bathroom with dramatic black marble feature wall with free-standing bathtub. Ceiling heights up to 10’3”, a powder room for guests and custom wall paneling designed by Zaha Hadid make this a one-of-kind property.
6 Available Listings from $4.2M

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