From March 3-9, 2026, approximately 250 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions.
The largest of these was for Penthouse #22, a duplex penthouse at Upper West Side cooperative Riverside Towers. It has three bedrooms, two and a half baths, two private terraces, protected views of the Hudson River and Riverside Park, and a 73.3% reduction bringing the asking price to $999,999.
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However, there is more to this than meets the eye. The listing notes that it is being sold in a "flash sale auction," a step sometimes taken in the wake of a foreclosure or in a bid to ensure a quick sale on a luxury home; the sale of former Real Housewife Sonja Morgan's Upper East Side townhouse is a recent and well-known example of the latter. In this case, though, it should be noted that an auction is not actually taking place, but this price is rather serving as a starting point in hopes of starting a bidding war.
-73.3% | -$2,750,001
Riverside Towers, #PH22
$999,999
Riverside Dr./West End Ave. | Cooperative | 3 Bedrooms, 2.5 Baths
Riverside Towers, #PH22 (Serhant)
As an aside, a real auction is scheduled for April 16 for Penthouse S at 100 Franklin Street. Its current listing price of $6.5 million represents a 7.1% reduction from the initial ask of $6.995 million, but bids are expected between $3.5 million and $4.5 million, which would be quite a steal for a duplex penthouse with three bedrooms, three and a half baths, and a private roof terrace overlooking views of prewar architecture in the Tribeca East Historic District.
-7.1% | -$445,000
100 Franklin Street, #PHS
$6,500,000
Tribeca | Condominium | 3 Bedrooms, 3.5 Baths | 2,854 ft2
100 Franklin Street, #PHS (Compass)
The penthouse up for auction is located directly north of the forthcoming condo conversion at 101 Franklin Street. On Monday, Manhattan Community Board 1 approved the conversion and expansion of the postwar government office, former headquarters of the city's Human Resources Administration and Department of Social Services, into a 21-story, 71-unit luxury condominium. The Tribeca-based Steven Harris Architects has been tapped as the designer, and Mr. Harris said in a statement that his years living and working in Tribeca have given him great respect for the neighborhood's history and architecture.
Harlem's most expensive townhouse sale is still Neil Patrick Harris and David Burtka's former house at 2036 Fifth Avenue, which sold for $6.99 million in August 2022, and a penthouse at Circa Central Park that sold for $9.45 million in October 2018 still holds the record for the most expensive condo sale above 96th Street on the West Side and 102nd Street on the West Side. However, two listings still stand to set new sales records for Harlem in spite of recent price reductions.
12 Mount Morris Park, a 25-foot-wide Queen Anne-style townhouse, was originally built in 1888 by James E. Ware. Original details like rich hardwood and wood-burning fireplaces remain intact and beautifully restored, but the house has been updated with modern electricity, plumbing, and new roof and boiler. It was Harlem's most expensive townhouse on the market when it was listed for $9.75 million in February 2026, and the latest price cut brings it down to $8.75 million.
-10.3% | -$1,000,000
12 Mount Morris Park, #TH
$8,750,000
Harlem | Townhouse | 6+ Bedrooms, 6+ Baths | 7,825 ft2
12 Mount Morris Park, #TH (Corcoran Group)
On the Harlem condo front, Penthouse B at 111 Central Park North is a triplex penthouse with four bedrooms, three and a half baths, soaring ceilings, expansive walls ideal for displaying an art collection, and a total of 1,668 square feet of private outdoor space, culminating in a private roof terrace with hot tub and fireplace.
Former New York Yankees outfielder Ichiro Suzuki once rented another penthouse at 111 Central Park North, and fellow Yankees Alex Rodriguez and Derek Jeter also expressed interest in the unit (h/t The Real Deal). However, Penthouse B is owned by financier/philanthropist Mike De Paola, who bought it for $8.073 million in April 2008 and filled it with his extensive art collection. He initially listed it for $19.5 million in July 2019, a price that would have shattered Harlem's condo sales record and netted him a generous profit, and it has been on and off the market at gradually lower price points since then. The latest reduction brings it down to $10 million, or just over half of what he originally sought.
-48.7% | -$9,500,000
111 Central Park North, #PHB
$10,000,000
Harlem | Condominium | 4 Bedrooms, 3.5 Baths | 3,557 ft2
111 Central Park North, #PHB (Compass)
Among new development condos, 12 price cuts took place at One Manhattan Square, the glassy skyscraper at the foot of the Manhattan Bridge that has transformed this stretch of the skyline for better or worse. The 847-foot-tall tower is distinguished by over 100,000 square feet of indoor and outdoor residential amenities, including a spa with hammam and cold plunge, a full basketball court, a screening room with stage, and one acre of private outdoor gardens with playground, treehouse, dog run, and grilling area. A Pathmark supermarket was demolished to make way for the tower, but this has been replaced with a new Brooklyn Fare supermarket in the base of the building.
A 20-year tax abatement is currently in effect at One Manhattan Square, and the sponsor is also offering four years of paid common charges and real estate taxes on newly signed contracts for two- and three-bedrooms. It is over 70% sold.
A selection of notable listings, as well as a full chart of last week's price reductions, may be seen below. Please be advised that all quoted figures reflect cumulative price cuts as opposed to the most recent reductions.
Recently reduced listings
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-11.1% | -$1,505,000
The Westly, #15A
$11,995,000
Riverside Dr./West End Ave. | Condominium | 5 Bedrooms, 4.5 Baths | 3,444 ft2
The Westly, #15A (Reuveni LLC)
-10.0% | -$1,495,000
Warren Lofts, #PHCD
$13,500,000
Tribeca | Condominium | 4 Bedrooms, 5.5 Baths | 5,499 ft2
Warren Lofts, #PHCD (Corcoran Group)
-9.3% | -$745,000
The Campanile, #11
$7,250,000
Beekman/Sutton Place | Cooperative | 5 Bedrooms, 4.5 Baths
The Campanile, #11 (Douglas Elliman Real Estate)
-7.2% | -$500,000
One Manhattan Square, #77J
$6,450,000
Lower East Side | Condominium | 3 Bedrooms, 3.5 Baths | 2,347 ft2
One Manhattan Square, #77J (Corcoran Sunshine Marketing Group)
-24.3% | -$2,055,000
27 West 9th Street, #TH
$6,395,000
Greenwich Village | Townhouse | 6+ Bedrooms, 6+ Baths | 5,610 ft2
27 West 9th Street, #TH (Leslie J Garfield & Co Inc)
-15.4% | -$910,000
The Chatham, #5A
$4,985,000
Lenox Hill | Condominium | 4 Bedrooms, 3 Baths
The Chatham, #5A (Sothebys International Realty)
-10.9% | -$600,000
The Cononado, #PHA
$4,900,000
Carnegie Hill | Cooperative | 5 Bedrooms, 4 Baths
The Cononado, #PHA (Sothebys International Realty)
-3.1% | -$150,000
8 East 96th Street, #10B
$4,750,000
Carnegie Hill | Cooperative | 4 Bedrooms, 2.5 Baths
8 East 96th Street, #10B (Sothebys International Realty)
-11.9% | -$500,000
Astor Court, #PH6/7
$3,700,000
Broadway Corridor | Cooperative | 4 Bedrooms, 4 Baths
Astor Court, #PH6/7 (Compass)
-12.5% | -$500,999
The Musician's Building, #3GH/2G
$3,499,000
Central Park West | Cooperative | 4 Bedrooms, 3.5 Baths
The Musician's Building, #3GH/2G (Corcoran Group)
-12.5% | -$500,000
447 East 57th Street, #14
$3,495,000
Beekman/Sutton Place | Cooperative | 5 Bedrooms, 5.5 Baths | 4,120 ft2
447 East 57th Street, #14 (Serhant)
480 Park Avenue, #8A (Corcoran Group)
-39.5% | -$2,155,000
425 Fifth Avenue, #65A
$3,295,000
Murray Hill | Condominium | 3 Bedrooms, 3 Baths | 2,571 ft2
425 Fifth Avenue, #65A (R New York)
-15.4% | -$600,000
120 East 79th Street, #11BCD
$3,295,000
Park/Fifth Ave. to 79th St. | Cooperative | 4 Bedrooms, 4 Baths
120 East 79th Street, #11BCD (Douglas Elliman Real Estate)
-16.7% | -$650,000
Goodhue House, #15DE
$3,250,000
Murray Hill | Cooperative | 3 Bedrooms, 3.5 Baths | 2,545 ft2
Goodhue House, #15DE (Brown Harris Stevens Residential Sales LLC)
-14.2% | -$495,100
Berkeley House, #14A
$2,999,900
Midtown West | Cooperative | 2 Bedrooms, 2 Baths | 1,150 ft2
Berkeley House, #14A (Corcoran Group)
-4.8% | -$145,000
Chelsea Stratus, #6D
$2,850,000
Chelsea | Condominium | 2 Bedrooms, 2 Baths | 1,272 ft2
Chelsea Stratus, #6D (Brown Harris Stevens Residential Sales LLC)
-38.8% | -$1,745,000
The Sherry Netherland, #505
$2,750,000
Park/Fifth Ave. to 79th St. | Cooperative | 3 Bedrooms, Unknown Baths
The Sherry Netherland, #505 (Sothebys International Realty)
-10.5% | -$300,000
Iris TriBeCa, #14A
$2,550,000
Tribeca | Condominium | 2 Bedrooms, 2 Baths | 1,336 ft2
Iris TriBeCa, #14A (Compass)
-13.1% | -$300,000
21 East 22nd Street, #PH12F
$1,995,000
Flatiron/Union Square | Cooperative | 1 Bedroom, 1 Bath
21 East 22nd Street, #PH12F (Compass)
-11.3% | -$255,000
870 United Nations Plaza, #10G
$1,995,000
Beekman/Sutton Place | Cooperative | 2 Bedrooms, 2 Baths | 1,700 ft2
870 United Nations Plaza, #10G (Serhant)
-12.3% | -$245,000
327 4th Street, #4C
$1,750,000
Park Slope | Cooperative | 3 Bedrooms, 2 Baths | 1,750 ft2
327 4th Street, #4C (Corcoran Group)
-12.4% | -$240,000
Loft 124, #2A
$1,695,000
Harlem | Condominium | 2 Bedrooms, 2.5 Baths | 1,946 ft2
Loft 124, #2A (ALTA Real Estate)
-15.8% | -$300,000
Cannon Point South, #8L
$1,595,000
Beekman/Sutton Place | Cooperative | 2 Bedrooms, 2 Baths
Cannon Point South, #8L (Compass)
-10.0% | -$155,000
100 United Nations Plaza, #39E
$1,395,000
Turtle Bay/United Nations | Condominium | 1 Bedroom, 1.5 Baths | 1,242 ft2
100 United Nations Plaza, #39E (William Raveis New York City LLC)
-12.9% | -$200,000
The Corinthian, #PHB
$1,350,000
Murray Hill | Condominium | 1 Bedroom, 1.5 Baths | 1,000 ft2
The Corinthian, #PHB (Compass)
-8.4% | -$100,000
30 Bushwick Avenue, #1C
$1,095,000
Williamsburg | Condominium | 1 Bedroom, 1 Bath | 987 ft2
30 Bushwick Avenue, #1C (Brown Harris Stevens Residential Sales LLC)
The Alfred, #35E (Keller Williams NYC)
-17.4% | -$200,000
360 East 72nd Street, #C2205
$950,000
Lenox Hill | Cooperative | 1 Bedroom, 1 Bath
360 East 72nd Street, #C2205 (Douglas Elliman Real Estate)
-6.8% | -$66,000
The Hawthorne, #PHD
$899,000
Midtown East | Condop | 1 Bedroom, 1 Bath
The Hawthorne, #PHD (Sothebys International Realty)
-6.5% | -$50,000
Cast Iron Building, #503
$725,000
Greenwich Village | Cooperative | 1 Bedroom, 1 Bath | 345 ft2
Cast Iron Building, #503 (Douglas Elliman Real Estate)
-8.0% | -$60,000
The Hamilton, #14O
$689,000
Turtle Bay/United Nations | Cooperative | 2 Bedrooms, 1 Bath
The Hamilton, #14O (Find Properties)
150 East 49th Street, #9D (Compass)
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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