From August 10-16, 2021, a total of 165 sales units throughout New York City experienced price reductions. Among them was a West Village townhouse located on a timelessly charming block, but gut renovated to offer fully integrated smart technology, a private garage, a temperature-controlled wine room, and an infrared sauna and steam room. The townhouse also features a private garden and several terraces, and Lady Gaga rented the home for a few months while working on an album. However, the history and enhancements have not yet won a buyer - the townhouse was originally listed for $23 million in January 2018, relisted for $17.5 million in fall 2020, and reduced again to $15.7 million.
A borough away, a Brooklyn Heights penthouse also demonstrates that even an address in one of the city's quaintest neighborhoods is not always enough to woo buyers. The grand scale, triple exposures, endless closet space, and wraparound terrace should not hurt either, but its price was reduced by $1 million. A full, sortable chart of the past week's price reductions may be found below.
A borough away, a Brooklyn Heights penthouse also demonstrates that even an address in one of the city's quaintest neighborhoods is not always enough to woo buyers. The grand scale, triple exposures, endless closet space, and wraparound terrace should not hurt either, but its price was reduced by $1 million. A full, sortable chart of the past week's price reductions may be found below.
In this article:
All images of 232 East 84th Street via Compass
From the listing: The possibilities are endless! Situated mid-block on a charming tree-lined street on the Upper East Side, this townhouse offers the incredible and rare opportunity to invest, develop, expand or live throughout these five stories. Currently configured as a four family home - a lovely garden duplex apartment & three private apartments on the remaining three floors - this townhouse boasts over 4,300 square feet with the rare opportunity to add on an additional 2,600 square feet. Built in 1925, this lovely home features high ceilings, a private and serene patio and the opportunity to build your dream townhouse, develop your own live/work space or to utilize the property as an investment. See full details here.
All images of 1040 Park Avenue via Douglas Elliman
From the Listing: Excellent opportunity to purchase an estate apartment in a prewar building on the corner of Park Avenue and 86th Street. This 5-room unit has large and gracious proportions. The living room and dining room were originally part of a twelve-room apartment and offer large scale dimensions. There is a large working wood-burning fireplace, eat-in-kitchen, laundry room with a washer and dryer in the unit. Two bedrooms and two and half baths, ample closets and if available storage in the building. This floorplan has been redesigned in other units within the building to accommodate three bedrooms if needed. See floor plan and full details here.
All images of 160 Henry Street via Douglas Elliman
From the Listing: Perched on top of Brooklyn Heights' most desirable, full-service building, this expansive Penthouse commands the entire top floor with awe-inspiring views of Manhattan. The grand scale of the apartment's 14 rooms includes 4 bedrooms, 4 full bathrooms, a formal dining room, office, laundry room, gallery and more is most impressive. Larger than many townhouses, this unique residency is ideal for the discerning buyer seeking space, privacy, security and the amenities of a full-service building. The vast wraparound terrace, is prefect for entertaining, gardening, grilling, watching sunsets or as a cloistered oasis - away from it all. See floor plan and full details here.
All images of Gramercy Starck via Nest Seekers
From the Listing: Welcome to Skyhouse E, a one-of-kind sun flooded three bedroom, three bathroom home. Sitting in the heart of the Gramercy Park neighborhood, this 1,817-square-foot duplex features a private terrace with stunning views of the neighborhood, and clear sightlines to the Empire State Building. Entering the home from the lower level, you will see an open-concept living room with French doors opening onto a generous terrace. The beautifully stained chestnut brown hardwood floors are complimented by two beautiful chandeliers providing plenty of light in the living room The kitchen has a suite of fully-integrated premium appliances from Miele and Sub-Zero. See floor plan and full details here.
All images of 885 Park Avenue via Sotheby's International Realty
From the Listing: This sophisticated Park Avenue residence has been renovated to perfection; seamlessly combining classic and traditionally appointed rooms with a chic and modern aesthetic. As you enter from a semi-private landing, you are greeted by a glamorous 35' gallery. There is a stunning, south facing living room with a wood burning fireplace and beautiful custom millwork. The dining room, impressive in size, creates the perfect backdrop for entertaining. The sweep, and scale of these public rooms offer an effortless flow for both formal entertaining and comfortable everyday living.
See floor plan and full details here.
All images of Lane Towers via Douglas Elliman
From the Listing: The best penthouse in Queens! Duplex 5-bedroom, 3-bath penthouse has 3,000 feet of indoor living space and 1,000 feet of outdoor space on four separate roof terraces offering a full 300-degree view from Forest Hills Gardens to a full Manhattan Skyline and Flushing all the way to the Nassau Line. Interiors feature gracious living space, a chef's kitchen, thoughtfully laid out bedrooms, and well-designed primary bath. See floor plan and full details here.
All images of 201 East 62nd Street via Warburg Realty
From the Listing: Welcome home to this move-in-ready 7-room, 3-bedroom, 3.5-bathroom apartment with terrace, in one of the most convenient locations on the Upper East Side. If you've been looking for that rare Manhattan home with real outdoor space, you'll fall in love with the expansive terrace, whose frontage spans the entire southern length of the apartment, and sits waiting to host an inspiring cup of morning coffee, a relaxing glass of wine after a long day or intimate dining al fresco. Enter this grand home via a formal foyer which is the nexus and focal point of this gracious home, lending itself beautifully to contemporary living. The public rooms boast dark, herringbone-patterned hardwood floors and bright sunlight from northern and southern exposures. The large living room and opposite formal dining room provide a perfect flow for entertaining a large dinner or cocktail party or enjoying a quiet night at home. See floor plan and full details here.
All images of 67 Remsen Street via Sotheby's International Realty
From the listing: This masterfully designed and meticulously executed stunning renovation of a 5 story brownstone (plus lower level & roof deck) located in the heart of Brooklyn Heights. This 6,000-square-foot townhouse with 4+ bedrooms, 5 baths, 2 powder rooms, roof deck, & rear garden skillfully incorporating a blend of modern aesthetics, within a traditional brownstone, to create this contemporary gem. This high-end renovation designed & built by the very talented and accomplished team at ROART. Taking all the worry out of the daily vertical living associated with most townhouses, the installation of a high-speed, commercial elevator was a must. A 7 stop, elevator with a 4'x5' cab, and automatic sliding door. See full details here.
All images of The Majestic via Singer Real Estate
From the Listing: Sun-flooded, classic pre-war apartment with 3,220 square feet and over 40 feet of direct Central Park frontage. When you step out of the semi-private elevator landing, you see the massive sunken living room, breath-taking direct views facing the park, wood-burning fireplace and enough space to accommodate several seating arrangements. Every one of the three bedrooms has a stunning view of the park, and additional features include pristine paneled library with original wood and design, three bathrooms, and in-unit washer and dryer. The new owner never moved in, and architectural plans are already drawn up by John B. Murray, a world-renowned architect. See floor plan and full details here.
All images of 53 Downing Street via Compass
From the Listing: Nestled on a discreet, quiet, treed block where the West Village meets Soho and Hudson Square, 53 Downing Street is a large, 20'-3 1/4' wide, recently completed, gut renovated single-family townhouse with a garage and multiple outdoor living spaces. The Landmarked Italianate house was originally built in 1857 and has undergone a complete redesign by CWB Architects to transform it into a showplace with superb finishes, detailing and proportioning, expertly installed by master craftsmen. Every imaginable detail has been considered in the renovation of this mansion-scaled home renovation, including brand new individually zoned mechanical systems for year-round flexibility along with radiant floors in all bathrooms as well as a fully integrated Crestron AV system with ceiling speakers and connectivity for TV, Internet, and Security.
See floor plan and full details here.
All images of 274 West 132nd Street via Compass
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From the Listing: This home has loads of original details and character! Currently configured an SRO building offers an outstanding opportunity for homeowners or investors. Create your Custom Home - SRO Bank financing and development services are available. Sold 'as is' and delivered vacant. This quite well-kept block has a strong association: Neighbors United of West 132nd Street Block Association. Close proximity to Columbia University and The City College of New York, this location is ideal for prudent investors. Built in 1910, this brownstone has been carefully maintained and has a full cellar with separate electric meters and storage. See full details here.
Price Cuts under $1.25M
All images of La Rive via Robert E. Hill
From the Listing: An extraordinary 2 bed/2 bath condo which immediately draws attention to the Hudson River, the W.J. Palisades, and the sky, blindingly beautiful with bright orange-red-yellow autumns, rich brown and dark evergreen in winter! The location offers easy access to the Metro-North to Grand Central, busses to Manhattan, great shopping service, easy access to NY public library branches. The building has a highly trained staff, many that have been there for nearly 20 years, an Olympic pool, a sauna, and much more! See floor plan and full details here.
All images of The Manor via Compass
From the Listing: This 2-bedroom apartment has been entirely gut renovated. As you enter the apartment you are greeted by the spacious living room & separate kitchen area to the right. There are brand new white oak hardwood floors throughout the space. The windowed kitchen contains a full sized stainless steel refrigerator, oven, dishwasher, new white cabinets, ceaserstone countertops and is topped off with a herringbone subway tile backsplash. The bathroom is entirely renovated with marble & porcelain tiles and stainless steel fixtures. The master bedroom overlooks 43rd Street with bright southern exposure. Maintenance includes utilities; cats are allowed. Sponsor unit; no board approval required!
See floor plan and full details here.
All images of 201 East 79th Street via Warburg Realty
From the Listing: Opportunity knocks. 12 A is a 1000 square foot one bedroom apartment with one and a half baths. Bring your architect and create your dream apartment or use the plans the seller's architect has already had approved. New windows have been ordered and paid for by the seller.
201 East 79th Street is located on the northeast corner of 79th Street and Third Avenue. It was built in 1963 and is a full service coop with a 24 hour doorman, a concierge and a live in resident manager. The building is currently in the process of completing an eight year renovation which will feature a renovated lobby and hallways, a new garden, a new roof, a new laundry room, new heating and cooling system, new elevators, a package room with cold storage, an additional street level entrance/exit and a garage. It will also feature a new facade. It is important to note that all these renovations have been paid for!
Pied-a-terres and washer dryers are allowed with board approval. The building is pet friendly.
It is conveniently located near public transportation, shopping, museums, schools and restaurants and is just a short walk to Central Park.
Some photos have been virtually staged for representation purposes only. See floor plan and full details here.
All images of 325 Lex via Compass
From the Listing: With a 421A tax abatement in place, this impeccable Murray Hill one-bedroom, one-bath condominium is a pure dream. Step into the high-floor, 645-square-foot home and drink in stunning light and views from east- and south-facing floor-to-ceiling windows. Gorgeous wide-plank walnut floors and high ceilings set the stage for phenomenal living and dining areas, while the chic open kitchen is artfully equipped with walnut cabinetry, white stone countertops and top-notch appliances by Liebherr, Bosch and Bertazzoni. The oversized bedroom easily accommodates a king-size bed and additional furniture, and the nearby bathroom is a vision in Calacatta marble and modern fixtures. Two extra-large closets in the bedroom and a roomy entry closet attend to storage, and the in-unit Bosch washer-dryer adds coveted convenience to this impeccable Murray Hill abode.
See floor plan and full details here.
All images of The Savoy West via Brown Harris Stevens
From the Listing: This incredible, loft-like duplex home measures 1,331 square feet interior with a 247-square-foot private outdoor patio with the "wow" factor. The main level boasts soaring 11-foot ceilings, a comfortable living space with modern dark hardwood floors, large bedroom with a perfect home office nook, full bathroom and western exposures for sun-flooded afternoons. The proportionally large kitchen is finished with marble countertops and stainless steel appliances. The sprawling lower level provides the versatility to suit your needs as an amazing recreation room for entertaining indoor/outdoor, an oversized sleeping area, home office or allow your imagination to run wild. See floor plan and full details here.
All images of 303 West 80th Street via William Raveis New York City
From the Listing: This extra large 1-bedroom apartment with 1.5 baths faces south, west and north. It gets light all day with wonderful open city views. Apartment 5B boasts a very large living room with large south facing bay windows, a working wood-burning fireplace, beautiful wood floors and built-in book shelves. The kitchen has been totally renovated, the creation of a very large pass-thru to the living room gives a wonderful open feeling. The kitchen has a north facing window and is complete with stainless steel appliances, a Miele dishwasher and beautiful granite countertops. The bedroom faces west with views over brownstones and wonderful afternoon light. See floor plan and full details here.
All images of The Croft via Douglas Elliman
From the Listing: Experience luxury in this open concept loft-style 1-bedroom, 1-bath residence, which is sold with a 112-square-foot storage room on the same floor, complete with shelving and a window. In #6D, oversize windows provide excellent sunlight and unobstructed city views. The open, designer kitchen is a chef's dream replete with Sub-Zero refrigerator; Bosch oven, cooktop, and dishwasher; hidden microwave; garbage disposal; custom cabinetry; and slate countertops. The large bedroom easily accommodates a king size bed and is enhanced by a dressing area with California closets, tasteful built-ins, and custom lighting. See floor plan and full details here.
All images of 19 Grace Court via Compass
From the Listing: Welcome to residence 3C, a classic pre-war studio situated on the third floor of an impeccably maintained, elevator co-op building. Entering the home, you are greeted by an extra wide foyer presenting two oversized custom closets with built-in recessed lighting. Oversized windows beckon speckles of sunlight over newly refinished hardwood flooring as you proceed into the living area. Adjacent to the windowed kitchen you will find ample floor area for a dining space or home office, allowing for separation from the living room and bedroom nook. The white-tile bathroom boasts an additional window along with a custom vanity and bathtub. Additional special features of this thoughtfully renovated home include high ceilings, original parquet flooring, exposed brick, stainless steel appliances, dishwasher, and recessed lighting throughout. See floor plan and full details here.
All images of 531 East 84th Street via Compass
From the Listing: Located on one of the quintessential blocks of the Upper East Side, this amazing duplexed garden apartment is the epitome of suburbia without leaving Manhattan! Thoughtfully designed and with Old World charm, the apartment features two bedrooms and a flex office/guest room along with two full bathrooms plus private patio. Head downstairs and you'll feel like you are in a country cottage, where you'll be immediately welcomed into the oversized sunken living room with over 9 foot high ceilings, a brick accented wood burning fireplace, framed by a seven foot tall window and cozy love seat. A platform dining area, includes a fabulous custom made cabinet and bar and a custom dining table and banquette, all of which will certainly delight your dinner guests. The windowed kitchen has all new stainless kitchen appliances, an abundance of counter space and is perfect for preparing everyday meals or holiday dinners. See floor plan and full details here.
From the Listing: This is not a restricted sale, HDFC; It is a FREE MARKET COOP. Most competitively priced 3-bedroom apartment in the neighborhood has ample storage and generously sized rooms. There is a separate eat-in kitchen and marble bath, as well as laundry is in the building. See floor plan and full details here.
All images of 12 East 97th Street via Compass
From the Listing: This renovated two-bedroom, one and one half-bathroom pre-war home boasts an expansive living room with ample space for dining and a built-in desk for a home office area. Renovated, windowed, eat-in kitchen with white cabinets, gray Caesarstone countertops, stainless steel appliances and two pantries make this a great kitchen to sit and enjoy a meal. Additional features include in-unit washer/dryer, hardwood floors, beamed ceilings, heated floors bathroom in both bathrooms. Apartment 1B faces north and south with the northern exposure looking onto tree-lined 97th Street. Apartment comes with additional storage in the basement. See floor plan and full details here.
All images of 205 East 63rd Street via The Bamberger Group
From the Listing: Large 3 bed/3 bath on the corner of 63rd Street and Third Avenue featured refinished hardwood floors, large windows, and crown moldings throughout. The windowed kitchen has granite countertops and Viking and Bosch stainless steel appliances. The primary bedroom has a separate sitting area, lots of storage, and en suite bath.
See floor plan and full details here.
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Or call us at (212) 755-5544
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