Price Cuts: Grand prewar home at 10 Gracie Square now $1.5M off; Half-floor at One57 relists at a loss

10 Gracie Square, #11A (Brown Harris Stevens)

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Wednesday, Sep 2, 2026 By CityRealty Staff, CityRealty contributor

From August 25-31, 2026, fewer than 100 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. This is a small dip in the number of price cuts from last week, and comes at a time when CityRealty listings show fewer than 4,500 publicly listed apartments and townhouses for sale in Manhattan.

One57 five-bed relists at a loss

Last week's price cuts included Residence #52B, a five-bedroom at Billionaires' Row standard-bearer One57 set to change hands for only the second time since the building was completed in 2014. Public records show that the LLC-identified seller bought it from the sponsor for over $24.4 million in May 2018.

A previous listing notes that the five-bedroom, five and a half-bath condo was designed by AD100 designer Tony Ingrao. It boasts soaring ceilings, a Grand Salon living room with views of the Manhattan skyline and the East River, a kitchen with Smallbone of Devizes cabinetry, and a 1,200-square-foot primary suite with southeast exposures, a windowed dressing room, a private study, and a spa-like, marble-clad bath. The sellers initially listed it for $26 million in September 2023; it has been on and off the market since then, including being marketed with the apartment above as a $50 million combination opportunity in November 2025. Most recently, it returned to the market for $22.5 million in April 2026 and since dropped to $21 million, setting the seller up to take a loss.

-19.0% | -$5,000,000

One57, #52B
$21,000,000

Midtown West | Condominium | 5 Bedrooms, 5.5 Baths | 5,475 ft²

One57, #52B (Sporn Group LLC)

From the Listing: The pinnacle of luxury and sophistication, Residence 52B at 157 West 57th St. (“One57”) extends across 5,475 square feet and offers breathtaking 360° views of Central Park, the Hudson River, and the cityscape. Meticulously designed, with 11.5’ high ceilings and expansive floor-to-ceiling windows, this five bedroom, five and a half bath masterpiece is truly a one-of-a-kind home in a highly coveted area of Manhattan. See floor plan and full details here.

Designer home in "good building" cut by $1.5M

Another notable price cut took place at 10 Gracie Square, a Yorkville cooperative that author/satirist Tom Wolfe described as one of only 42 "Good Buildings" in New York in a 1985 essay for Esquire, so chosen for their spacious prewar floor plans, high ceilings, and atmospheres of formality and respectability. Such qualities are on display in the eight-room Residence #11A, which the listing notes is on the market "for the first time in many decades," so long ago that Acris records do not show when the seller purchased it or how much they paid for it. However, it was listed for $10 million in June 2026, and a price reduction brings it down to $8.5 million.

↓ Residence #11A is reached via keyed elevator and opens into a gracious entrance gallery.

↓ A recent renovation features high-end finishes, luxuriant wall coverings, and carefully chosen furnishings and art.

↓ The nearly 30-foot-long living room has 11.2' ceilings, a wood-burning fireplace, and peaceful views of the East River.

↓ The separate windowed kitchen has a large center island, a built-in dining banquette, and an appliance package that includes two dishwashers and two refrigerators.

↓ A bonus room off the kitchen can be used as a den, media room, or home office.

↓ With southeast exposures and a fireplace, the library is a peaceful haven.

↓ The primary suite features East River frontage, a windowed walk-in closet, and a marble five-fixture bath.

Would you like to tour any of these properties?

Just complete the info below.

Select which properties are of interest to you:

870 United Nations Plaza
45 East 62nd Street
Sutton Hall, 350 East 57th Street
233 East 31st Street
The Corinthian, 330 East 38th Street
1016 Fifth Avenue
The Buckingham East, 225 East 86th Street
170 East End Avenue
40 East End Avenue
Central Park Place, 301 West 57th Street
One57, 157 West 57th Street
The NOMA, 50 West 30th Street
525 Broome Street
Lincoln Towers, 185 West End Avenue
Bridgeview, 26 Broadway
The Berkeley, 35-24 78th street
The Four Seasons Private Residences, 30 Park Place
1 Lexington Avenue
439 Lafayette Street
The Broad Exchange Building, 25 Broad Street
The Morse Building, 140 Nassau Street

Or call us at (212) 755-5544

↓ All secondary bedrooms have East River views and en suite baths.

-15.0% | -$1,500,000

10 Gracie Square, #11A
$8,500,000

Yorkville | Cooperative | 3 Bedrooms, 3.5 Baths

10 Gracie Square, #11A (Brown Harris Stevens Residential Sales LLC)

From the Listing: Upon entering this triple mint eight-room stunner, one is bathed in sunlight and spectacular views of the East River, as well as soaring ceilings and huge walls covered in gorgeous artwork. Apt 11A opens into a grand foyer with the magnificent living room directly in front and thru to windows overlooking the River and Roosevelt Island. The recent renovation with designers Kelli and Kirsten LLC was done to a truly superior standard, and the lighting and furnishings showcase this spectacular property at its very best. A storage room transfers with purchase. See floor plan and full details here.

Final sponsor listing at 40 East End Avenue reduced

40 East End Avenue (Corcoran Group)

A price reduction took place at 40 East End Avenue, a condominium designed by Gerner Kronick + Valcarel Architects in collaboration with Deborah Berke, Edward P. Bass Dean and J.M. Hoppin Professor of Architecture at Yale University and herself a longtime East End Avenue resident. She brought her neighborhood expertise, context sensitivity, and eye for design to its residences, which include Penthouse #17. This four-bedroom, four and a half-bath penthouse is reached via direct elevator access and boasts a corner living room with 11' ceilings, an open kitchen with breakfast nook and outdoor terrace, and a primary suite with its own terrace.

Penthouse #17 represents the final sponsor availability in the building since sales launched in June 2018. Developer Lightstone initially sought over $10.6 million for it when sales began, and it has now dropped to $9.35 million.

-6.4% | -$635,990

40 East End Avenue, #PH17
$9,350,000

Yorkville | Condominium | 4 Bedrooms, 4.5 Baths | 3,237 ft²

40 East End Avenue, #PH17 (Corcoran Sunshine Marketing Group)

From the Listing: Penthouse 17 is an exquisite full floor, four-bedroom, 4.5 bathroom penthouse designed by renowned architect Deborah Berke Partners. Spanning approximately 3,237 square feet, this generously scaled residence features direct elevator access, 11 foot ceilings, oversize casement windows, custom moldings, 8 foot doorways, white oak flooring, and private laundry room. See floor plan and full details here.

Recently reduced listings

-15.0% | -$1,500,000

1016 Fifth Avenue, #14B
$8,500,000

Carnegie Hill | Cooperative | 3 Bedrooms, 4 Baths | 2,900 ft²

1016 Fifth Avenue, #14B (Sloane Square LLC)

From the Listing: Located in a premier white-glove prewar coop, this excellent condition apartment boasts 2,700 square feet, 9.5 foot-ceilings, oversized windows, abundant storage and a wonderful layout. From the grand entrance gallery, walk into the extra-large living room struck by views of Central Park and the Metropolitan Museum of Art from a wall of oversized windows on the 14th floor. Adjacent to this beautiful living room is a large library (or third bedroom) with a full modern en-suite bathroom, also with terrific views of the Park. Serious seller. See floor plan and full details here.

-10.6% | -$951,000

1 Lexington Avenue, #8/9CD
$7,999,000

Gramercy Park | Cooperative | 5 Bedrooms, 3.5 Baths

1 Lexington Avenue, #8/9CD (Corcoran Group)

From the Listing: Located in one of Gramercy Park's most distinctive prewar cooperatives, One Lexington Avenue, this expansive 5-bedroom, 3.5-bathroom duplex home with a terrace and 10' ceilings has been beautifully renovated with all new Pella windows and Lutron smart home lighting throughout. This very rare and extremely well-proportioned layout wraps two corners with rooms that flow seamlessly into one another. The apartment is delivered with a key to Gramercy Park. See floor plan and full details here.

-4.1% | -$255,000

170 East End Avenue, #5AB
$5,995,000

Yorkville | Condominium | 3 Bedrooms, 3.5 Baths | 3,006 ft²

170 East End Avenue, #5AB (Corcoran Group)

From the Listing: Welcome home to this sprawling three-bedroom, three-and-a-half-bath residence, where scale, light, and thoughtful design come together seamlessly. Created through the masterful combination of two spacious two-bedroom homes, this beautifully renovated apartment spans over 3,000 square feet within 170 East End Avenue, offering an exceptional sense of space and effortless flow. See floor plan and full details here.

-6.8% | -$400,000

The NOMA, #PH1
$5,500,000

Chelsea | Condominium | 3 Bedrooms, 2.5 Baths | 2,530 ft²

The NOMA, #PH1 (The Agency Brokerage)

From the Listing: Perched atop the NoMad skyline, this full-floor penthouse offers a rare sense of openness and perspective in the heart of Manhattan. Framed by sweeping south and west exposures, the residence captures iconic city views from Midtown to Downtown, with the Hudson River unfolding in the distance, an ever-changing backdrop to daily life. Spanning approximately 2,530 square feet, this three-bedroom, two-and-a-half-bathroom home is accessed via a private elevator, opening to a thoughtfully composed layout designed for both entertaining and quiet retreat. See floor plan and full details here.

-8.4% | -$505,000

439 Lafayette Street, #3
$5,495,000

NoHo | Cooperative | 3 Bedrooms, 3 Baths | 3,300 ft²

439 Lafayette Street, #3 (POLJAN PROPERTIES INC)

From the Listing: A rare full-floor loft in the heart of Manhattan's NoHo Historic District - more than 3,300 square feet inside a landmarked cast-iron building. Currently configured as two separate apartments within a single residence, the floor can be kept as-is or combined into one sprawling, fully customized home, with the scale, character, and flexibility rarely found downtown. Features include 11-foot barrel-vaulted ceilings, exposed brick walls, exposed steel columns and beams, hardwood flooring throughout, and 13 oversized windows across four exposures. See floor plan and full details here.

-11.8% | -$700,000

45 East 62nd Street, #4A
$5,250,000

Park/Fifth Ave. to 79th St. | Cooperative | 4 Bedrooms, 4 Baths

45 East 62nd Street, #4A (Sothebys International Realty)

From the Listing: Perfectly positioned on a coveted, tree-lined and leafy block just off Park Avenue, this very elegant Upper East Side residence at 45 East 62nd Street is defined by classic prewar proportions, beautiful southern light, and exceptional architectural details. At nearly 3,000 square feet, this delightful residence features an expanse of five south-facing rooms, including all three of the principal entertainment rooms. A generous private storage room transfers with the apartment. See floor plan and full details here.

-7.4% | -$370,000

525 Broome Street, #4
$4,625,000

SoHo | Condominium | 4 Bedrooms, 2.5 Baths | 2,250 ft²

525 Broome Street, #4 (Compass)

From the Listing: A private keyed elevator opens directly into this expansive SoHo loft condominium, where authentic downtown character meets thoughtfully curated modern design. Offering four bedrooms, two-and-a-half bathrooms, and a private outdoor terrace, this exceptional residence blends classic loft living with elevated finishes in one of Manhattan’s most sought-after neighborhoods. See floor plan and full details here.

-8.2% | -$350,001

The Four Seasons Private Residences, #62D
$3,899,999

Tribeca | Condominium | 2 Bedrooms, 2.5 Baths | 1,538 ft²

The Four Seasons Private Residences, #62D (Douglas Elliman Real Estate)

From the Listing: The Four Seasons Residences, masterfully designed by renowned architect Robert A.M. Stern, delivers a seamless blend of timeless design, modern luxury, and world-class service in the heart of TriBeCa. This exceptional two-bedroom, two-and-a-half-bath residence offers over 1,500 square feet of refined living. From its elevated vantage point, the home captures sweeping 180-degree views through oversized windows, filling the interiors with natural light. See floor plan and full details here.

-12.4% | -$495,000

The Broad Exchange Building, #PH2D
$3,495,000

Financial District | Condominium | 2 Bedrooms, 2.5 Baths | 1,436 ft²

The Broad Exchange Building, #PH2D (Compass)

From the Listing: A remarkable penthouse offering in the landmarked Broad Exchange Building, this 2-bedroom, 3-bath residence pairs 1,436 square feet of refined interiors with an extraordinary 1,779 square feet of lushly landscaped private terraces. A 20-foot-long entrance gallery introduces the home, leading to an expansive corner living and dining room framed by nearly 11-foot ceilings and eight oversized windows with northern and eastern exposures. Soft natural light fills the space throughout the day, while an electric fireplace adds warmth. See floor plan and full details here.

-6.0% | -$200,000

870 United Nations Plaza, #33/34E
$3,150,000

Beekman/Sutton Place | Cooperative | 4 Bedrooms, 4.5 Baths | 4,000 ft²

870 United Nations Plaza, #33/34E (Brown Harris Stevens Residential Sales LLC)

From the Listing: Perched high above Manhattan in the iconic 870 United Nations Plaza, a celebrated mid-century masterpiece, a sprawling corner duplex designed by Angelo Donghia offering grand proportions and breathtaking panoramic city and river views from every room awaits you. This extraordinary four bedroom, four and-a-half bath home with abundant closets and storage throughout is wrapped in walls of windows that showcase sweeping vistas of the East River, the Manhattan skyline and beyond, flooding the apartment with natural light. Individual storage unit transfers with the apartment. See floor plan and full details here.

-5.9% | -$146,000

Central Park Place, #28C
$2,349,000

Midtown West | Condominium | 2 Bedrooms, 2 Baths | 1,240 ft²

Central Park Place, #28C (Douglas Elliman Real Estate)

From the Listing: This incredible Billionaires' Row condominium has sweeping walls of windows with unobstructed, front row views of Central Park, Columbus Circle, and the stunning Manhattan skyline. The entrance foyer leads to an expansive corner exposure living room , the separate dining area enjoys with a bay window offering 180 degree viewing angle, providing the spectacular Central Park, Columbus Circle, and all the way down Eighth Avenue. See floor plan and full details here.

-9.3% | -$205,000

The Morse Building, #10B
$1,995,000

Financial District | Cooperative | 2 Bedrooms, 2 Baths

The Morse Building, #10B (Douglas Elliman Real Estate)

From the Listing: Simply stunning loft with a perfect layout, flooded with light from oversized windows that also provide great views of the city and even the River, with designer features and finishes plus an ideal layout in a historical building. Soaring 11.5-foot ceilings give every room a rare sense of volume and air. This is loft living elevated to a luxurious modern standard! See floor plan and full details here.

-2.6% | -$31,000

233 East 31st Street, #GARDEN
$1,169,000

Murray Hill | Cooperative | 2 Bedrooms, 2.5 Baths

233 East 31st Street, #GARDEN (Corcoran Group)

From the Listing: This great garden home features a private gated entrance, two fireplaces, open kitchen, king-sized primary suite, laundry on both levels, and a serene garden shaded by rare magnolia trees. Boutique 4-unit co-op with low monthlies, steps to Trader Joes, Fairway, AMC, and top dining on Second and Third Avenues. See floor plan and full details here.

-15.1% | -$196,000

The Corinthian, #23Q
$1,099,000

Murray Hill | Condominium | 1 Bedroom, 2 Baths | 958 ft²

The Corinthian, #23Q (Mirador Real Estate LLC)

From the Listing: This bright, south-facing 1-bedroom, 2-bathroom home offers stunning open city views, including the Empire State Building, from oversized windows that flood the space with natural light. Step through a gracious entry foyer into a large, open-concept living and dining area, perfect for both relaxing and entertaining. See floor plan and full details here.

-0.9% | -$10,000

Bridgeview, #204
$1,075,000

Williamsburg | Condominium | 1 Bedroom, 1 Bath | 719 ft²

Bridgeview, #204 (Corcoran Group)

From the Listing: Welcome home to this rarely available, sun-filled one-bedroom condominium featuring a private 540-square-foot terrace, deeded parking, and private storage in prime South Williamsburg. Recently and thoughtfully renovated, the residence boasts 6-inch wide-plank wood flooring, new custom lighting, refinished kitchen cabinetry. See floor plan and full details here.

-9.6% | -$96,000

Sutton Hall, #15A
$899,000

Midtown East | Cooperative | 2 Bedrooms, 2 Baths

Sutton Hall, #15A (Brown Harris Stevens Residential Sales LLC)

From the Listing: This top-floor five-room residence at 350 East 57th Street is a rare opportunity for those looking to create a custom home in a premier prewar setting. Currently in estate condition and requiring a full renovation, this 15th-floor sanctuary enjoys exceptional privacy with no neighbors above and is flooded with natural light from triple exposures to the north, east, and south. See floor plan and full details here.

-9.1% | -$90,000

The Buckingham East, #204
$895,000

Yorkville | Condominium | 1 Bedroom, 1 Bath | 913 ft²

The Buckingham East, #204 (City Sphere)

From the Listing: This unique one-bedroom, one-bath triplex is a true retreat, and boasts an expansive 430-square-foot private terrace - an exceptional indoor-outdoor opportunity in the heart of the Upper East Side. Step inside and you'll be greeted by newly refinished hardwood floors throughout. The oversized living room, facing north, is drenched in natural light thanks to its oversized windows and generous ceiling heights. See floor plan and full details here.

-6.1% | -$49,000

Lincoln Towers, #7R
$750,000

Lincoln Center | Cooperative | 1 Bedroom, 1 Bath

Lincoln Towers, #7R (Douglas Elliman Real Estate)

From the Listing: This estate Junior 4 has a large living room, a spacious dining area that some owners have converted to an office, and a sun-flooded bedroom. All of these rooms face west over the gardens and also have partial river views. The kitchen has been updated and has a dishwasher and lots of cabinet space. All utilities (electric, heat, gas, and water) are included in the monthly maintenance. See floor plan and full details here.

-8.5% | -$55,000

The Berkeley, #B47
$595,000

Jackson Heights | Cooperative | 1 Bedroom, 1 Bath

The Berkeley, #B47 (Douglas Elliman Real Estate)

From the Listing: Welcome to the Berkeley's high-end Jr. 4, Everything has been gut renovated, including the extra room off the kitchen. It's pre-war heaven! All of the walls and ceilings have been replastered- this is called a level 5 plaster work. See floor plan and full details here.

Price Cuts: Grand prewar home at 10 Gracie Square now $1.5M off; Half-floor at One57 relists at a loss

In this article:

One57 five-bed relists at a loss

-19.0% | -$5,000,000 One57, #52B$21,000,000

Designer home in "good building" cut by $1.5M

↓ Residence #11A is reached via keyed elevator and opens into a gracious entrance gallery.

↓ A recent renovation features high-end finishes, luxuriant wall coverings, and carefully chosen furnishings and art.

↓ The nearly 30-foot-long living room has 11.2' ceilings, a wood-burning fireplace, and peaceful views of the East River.

↓ The separate windowed kitchen has a large center island, a built-in dining banquette, and an appliance package that includes two dishwashers and two refrigerators.

↓ A bonus room off the kitchen can be used as a den, media room, or home office.

↓ With southeast exposures and a fireplace, the library is a peaceful haven.

↓ The primary suite features East River frontage, a windowed walk-in closet, and a marble five-fixture bath.

Select which properties are of interest to you:

↓ All secondary bedrooms have East River views and en suite baths.

-15.0% | -$1,500,000 10 Gracie Square, #11A$8,500,000

Final sponsor listing at 40 East End Avenue reduced

-6.4% | -$635,990 40 East End Avenue, #PH17$9,350,000

Recently reduced listings

-15.0% | -$1,500,000 1016 Fifth Avenue, #14B$8,500,000

-10.6% | -$951,000 1 Lexington Avenue, #8/9CD$7,999,000

-4.1% | -$255,000 170 East End Avenue, #5AB$5,995,000

-6.8% | -$400,000 The NOMA, #PH1$5,500,000

-8.4% | -$505,000 439 Lafayette Street, #3$5,495,000

-11.8% | -$700,000 45 East 62nd Street, #4A$5,250,000

-7.4% | -$370,000 525 Broome Street, #4$4,625,000

-8.2% | -$350,001 The Four Seasons Private Residences, #62D$3,899,999

-12.4% | -$495,000 The Broad Exchange Building, #PH2D$3,495,000

-6.0% | -$200,000 870 United Nations Plaza, #33/34E$3,150,000

-5.9% | -$146,000 Central Park Place, #28C$2,349,000

-9.3% | -$205,000 The Morse Building, #10B$1,995,000

-2.6% | -$31,000 233 East 31st Street, #GARDEN$1,169,000

-15.1% | -$196,000 The Corinthian, #23Q$1,099,000

-0.9% | -$10,000 Bridgeview, #204$1,075,000

-9.6% | -$96,000 Sutton Hall, #15A$899,000

-9.1% | -$90,000 The Buckingham East, #204$895,000

-6.1% | -$49,000 Lincoln Towers, #7R$750,000

-8.5% | -$55,000 The Berkeley, #B47$595,000

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