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611 West 56th Street via Compass 611 West 56th Street via Compass
According to CityRealty listings, there are 907 public listings in Manhattan new development condos (defined here as buildings finished after 2016), coming to a median price of $3.317 million and $2,233 per square foot. This represents a 2% price drop from November 2020, when there were 937 new development condo listings in Manhattan at a median price of $3.5 million and $2,285 per square foot. Additionally, inventory is down by 3%.

Last year, new development condos were not spared when the international market waned due to the coronavirus pandemic. However, over the past few weeks, many of the top contracts signed have come in at new and nearly finished new developments. As New York fully reopens, travel advisories are lifted, and remote work becomes less widespread, new developments may see further strength.

In the meantime, while it is highly unusual for new sponsor units to have their prices significantly reduced, listings at new developments like 611 West 56th Street, 20 East End Avenue, 200 East 59th Street, and 12 East 88th Street were among the 354 sales listings that experienced price reductions from April 28 to May 4, 2021. A full, sortable chart of the past week's discounts may be found below.

In this article:

26 Beaver Street
26 Beaver Street Financial District
200 East 59th Street
200 East 59th Street Midtown East
611 West 56th Street
611 West 56th Street Midtown West
Novare, 135 West 4th Street
Novare, 135 West 4th Street Greenwich Village
The Hampshire House, 150 Central Park South
The Hampshire House, 150 Central Park South Midtown West

575-Park-Avenue-01 All images of The Beekman via Sotheby's International Realty
From the Listing: Rare, one-of-a-kind three-bedroom south-facing Penthouse two blocks from Central Park offers brilliant sunlight, 11' ceilings and a large beautifully landscaped private terrace with sweeping south views over the city, glistening at night in an extraordinary panorama of the city skyline. A large windowed entrance gallery leads to the public and private rooms. The light and airy corner living room is lined with bookcases, and has south and west views, 11' ceiling, herringbone floor, and leads to an extraordinary 48 foot landscaped terrace through floor to ceiling double glass doors. Maintenance includes all utilities, 5 day daily European style housekeeping service, window and deep cleaning upon request. See floor plan and full details here.

135-West-4th-Street-01 All images of Novare via Compass
From the Listing: This 1,807-square-foot, light-filled two-bedroom, two-bathroom loft offers two separate entertaining spaces integrated with distinct architectural features such as a central light well, oversized windows and original ornate stained-glass from the former 1860 Methodist church within which it is built. The living and dining spaces are connected by a 6-foot-wide and 41-foot-long central gallery ideally suited to display an extensive art collection or utilize as a remote working area. An open chef's kitchen is outfitted with Bosch and Viking appliances and is finished with marble countertops and beautifully stained Wenge wood cabinetry. Amenities include a virtual doorman and a storage unit included with the sale. See floor plan and full details here.

1725-York-Avenue-01 All images of Gracie Plaza via Sotheby's International Realty
From the Listing: High-floor home boasts private balcony, sweeping river views from the entertaining rooms, and beautiful open city views from all bedrooms. A foyer leads to an expansive living room, dining room, balcony and an eat-in kitchen. The kitchen has custom cabinetry, “Luce de Luna” granite countertops, 42” Sub-Zero refrigerator, Viking stove/microwave oven, and a Miele dishwasher. The spacious primary bedroom has a separate dressing room and spa-like en suite bathroom with “Cortaud” limestone. The closets are fitted by "California Closets" and there is an apartment-wide audio visual system. See floor plan and full details here.

611-West-56th-Street-01 All images of 611 West 56th Street via Compass
From the Listing: Residence 14A is a half-floor residence with expansive midtown skyline views to the east and uninterrupted views towards downtown and the Hudson River to the south and west. The entirety of the home is outfitted with 5-inch custom country white oak floors, and offers 10-feet ceilings, accentuating the abundance of natural light through walls of 8-feet tall windows. Southern light floods the chef's kitchen, which was fabricated in Italy by Aster Cucine. Carefully selected custom walnut cabinetry is illuminated by edge lighting and underscored with a suite of integrated Gaggeneau appliances. The natural grey tones of the Italian Grigio Nicola slab marble countertops and backsplash pair exquisitely with the richness of the walnut cabinetry. See floor plan and full details here.

20-East-End-Avenue-01 All images of 20 East End Avenue via Compass
From the Listing: The entry of this dramatically scaled home, a grand foyer, leads into a formal gallery. The focal point of the home is an immense living room with 11-foot ceilings and an enormous east-facing bay window with partial water views. Walnut stained white oak floors in a herringbone pattern graciously adorn all the public spaces. A chef's kitchen boasts custom shaker inspired millwork cabinetry, a natural Brazilian quartzite countertop, Lefroy Brooks hardware, and Gaggenau appliances. The primary bedroom with north exposure features an immense walk-in closet/dressing room and en suite bathroom adorned with marble and complete with a custom-designed double sink vanity, cast iron Lefroy Brooks soaking tub, separate shower and water closet, as well as radiant heated flooring. A private storage locker will transfer with the sale. See floor plan and full details here.

100-West-39th-Street-01 All images of Bryant Park Tower via City Connections
From the Listing: View the Empire State Building, East River, Chrysler Building and Bryant Park Tower from the comfort of the living room of this corner unit. The apartment combines two apartments, 43D and 43E, creating a palatial corner apartment with gorgeous finishes that include bamboo flooring; Italian glass doors; limestone thresholds; sublime eat-in kitchen (with custom marble dining bar, white oak cabinetry, white marble countertops, under-cabinet lighting, high end appliances and garbage in-sink garbage disposal); stackable washer/dryer; and two full Italian tiled bathrooms with Suma deep soaking tubs and Mira above-counter basins. Seller is offering a concession of $2,740 per month, for 36 months, towards carrying costs. A credit of $98,640 to be issued to buyer at closing. See floor plan and full details here.

135-West-52nd-Street-01 All images of 135W52 via Sotheby's International Realty
From the Listing: Entering this high-floor home via a gracious foyer, a windowed chef's kitchen is separately situated on the north side of the home with lacquer finish cabinets and luscious granite counter-tops blending in with modern and sleek. On the south side, the foyer leads to side by side south facing two bedrooms with both bathrooms en suite. Large sized corner living room embraces maximum sun exposure from the floor to ceilings wrap around east and south-facing windows. The primary bedroom suite boasts south and north double exposure, an over-sized master bath, a deep soaking tub, wide counter of double vanities, a separate stall shower connects to an extra power room, plus two walk-in closets. Glamorous city views light up at night! See floor plan and full details here.

200-East-59th-Street-01 All images of 200 East 59th Street via Douglas Elliman
From the Listing: This spectacular 835-square-foot light-filled corner residence features 22 linear feet of terrace space with exposures to the south and west. The floor-to-ceiling glass windows and expansive 10' ceilings tie the inside/out living concept together perfectly. The 144-square-foot terrace seamlessly connects the great room to an open kitchen outfitted with Italian white glass and aluminum trim cabinetry by Aran Cuchine, book matched honed Calacatta marble slab countertops, full-height backsplashes, and integrated Brilliant White glass appliances by Miele including an integrated wine refrigerator. See floor plan and full details here.

12-East-88th-Street-01 All images of 12 East 88th Street via Brown Harris Stevens
From the Listing: Elegant but comfortable, this exceptional Upper East Side home beautifully infuses Old World detail with modern convenience. Dual access, whether via street or lobby, the generous grand room reinterprets the classic pre-war interior with views to neighboring landmarked Beaux-Arts townhouses. Adjacent is the bright chef's kitchen, outfitted with custom white cabinetry accented by Covelano Oro marble countertops and backsplashes, Dornbracht polished chrome faucets, and feature a full range of professional appliances by Wolf and Sub-Zero. Thoughtfully designed private quarters consist of 2 bedrooms with en-suite bathrooms and walk-in closets. See floor plan and full details here.

From the Listing: Corner unit with private terrace features exposures to the north, including views of the Upper East Side, and east overlooking the Queensboro Bridge. The residence includes an open living / dining room and kitchen with its unique column free interiors and 10' finished ceilings that adjoins the terrace. Open-plan kitchen features custom Italian white glass and aluminum cabinetry by Aran Cuchine, book-matched honed Calacatta marble slab countertops and full-height backsplashes, a natural white oak island, and integrated Brilliant White glass appliances by Miele including an integrated wine refrigerator. See floor plan and full details here.

1845-Adam-Clayton-Powell-Boulevard-01 All images of Central Park Plaza Condominium via Douglas Elliman
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From the Listing: One-of-kind, truly triple-mint penthouse deserves every superlative you can think of and then some! A custom glass and stainless steel stairway off the main foyer leads to the spectacular 4,000-square-foot roof terrace, which features a Wolf BBQ grill and Sub-Zero outdoor kitchen with granite countertops and all-weather stainless steel cabinets, two fully furnished cabanas, a 12-person dining table, basketball half court, trampoline, and mesmerizing views of Central Park, the City skyline, and St. John the Divine! Thoughtfully gut renovated and designed for entertaining and family life, other hallmarks of this exceptional residence include state-of-the-art Crestron lighting and A/V systems throughout, automated solar and blackout shades, central A/C and heat, a huge playroom/cinema room with a 120-foot motorized retractable movie screen, fully-equipped private gym with a full bath and steam room, separate laundry room with oversized LG Signature washer and dryer units, new sound-proof windows, and a climate-controlled 1,000-bottle wine cellar. See floor plan and full details here.

900-Fifth-Avenue-01 All images of 900 Fifth Avenue via Douglas Elliman
From the Listing: Welcome to this spectacular Fifth Avenue home boasting expansive vistas of the city skyline and Central Park! Meticulously renovated throughout, an oversized foyer greets you as you enter inside this home. The living room/dining room space is perfect for entertaining a large party or just quietly taking in the views while reading a book or having a meal. A wonderful addition to this living space is your personal bar with lounge area. The primary bedroom features spectacular views of Central Park, beautiful Makassar Ebony woodwork with a hidden television located inside the windowsill, an abundance of closet space, and en-suite bathroom in book-matched Calacatta marble featuring a steam shower and television. See floor plan and full details here.

Under $1.2M

280-Metropolitan-Avenue-01 All images of 280 Metropolitan Avenue via Compass
From the Listing: Floor to ceiling windows with endless Manhattan views grace this highly efficient, light-flooded one-bedroom penthouse. The seamless kitchen design includes top of the line appliances, Sub-Zero, Bertazzoni, Bosch, the home has 10' ceilings throughout and a gorgeous marble bathroom - all features which make this home special. In addition, throughout the home there are four generous closets and an in-unit stacked washer/dryer. Included with the sale (deeded) is a private storage unit and a 196-square-foot rooftop private cabana with water, gas and electric and endless New York City views. See floor plan and full details here.

172-East-4th-Street-01 All images of Ageloff Tower via Douglas Elliman
From the Listing: This spacious two bedroom, one bathroom home has been updated while maintaining prewar charm like inlaid hardwood floors, beamed ceilings, moldings and over-sized windows with southern and western exposures. The open, windowed kitchen features premium stainless steel appliances, custom cabinetry and quartz counter tops. The large living room area offers plenty of space for a separate dining area. See floor plan and full details here.

13-West-13th-Street-01 All images of The Norville House via Compass
From the Listing: Perfectly situated in lower Fifth's gold coast, this spacious, sunny, and quiet top-floor one-bedroom really does have it all! Beautifully finished from head-to-toe, this modern home showcases a top-of-the-line custom kitchen with stainless steel appliances, elegant hardwood floors, a slick modern bath, generous built-in closets, recessed lighting, crown molding throughout and a super-bright northern exposure with Empire State views! See floor plan and full details here.

310-Lexington-Avenue-01 All images of 310 Lexington Avenue via Douglas Elliman
From the Listing: Here is the beautiful, landscaped terrace you've been waiting for! The grand living room opens seamlessly to the terrace and dining room. The dining room, also referred to as the "sun room," has two exposures and has a beautifully picture-framed second entry way onto the private terrace. The enormous bedroom is set off privately from the living areas and boasts two large walk-in closets with plenty of built-in drawers and shelves. The renovated kitchen features modern cabinetry, stainless steel appliances, marble countertops and a beautifully tiled backsplash. Other highlights of this home include hardwood floors throughout, crown moldings, a through wall AC unit and sconce lighting. See floor plan and full details here.

52-East-78th-Street-01 All images of 52 East 78th Street via Douglas Elliman
From the Listing: Upper East Side two-bed boasts soaring ceilings, kitchen with Sub-Zero and Viking appliances, bonus space, and central air conditioning. The living room and bonus room open up to a 900-square-foot private terrace with enough room to create multiple zones. A part-time doorman is on staff in the circa 1920s building, which is close to galleries, shopping, transportation and Central Park. See floor plan and full details here.

150-Central-Park-South-01 All images of The Hampshire House via Avalon Partners NY Ltd.
From the Listing: Notice the tasteful renovation and high-end fixtures and finishes in Apartment 709. Sub-Zero, Gaggenau, and Franke enhance the well-organized kitchen while a specially crafted California Closet is optimal for storage and clothing. You will observe the period details in the Sherle Wagner appointed bath and the original, beautifully preserved Dorothy Draper black and white tiles. Hidden in the living area is a custom queen-sized Murphy bed with Shifman mattress and tall upholstered headboard with inset reading lights; this charming sleeping nook maximizes the living space while custom window treatments complete the tranquil setting. See floor plan and full details here.

425-East-58th-Street-01 All images of The Sovereign via Brown Harris Stevens
From the Listing: Apartment 19F at The Sovereign has a generous foyer, huge living room and corner dining area with open views of the city and river. The wide windowed kitchen has Cherry wood cabinetry, granite counter and backsplash, a washer and dryer and service entry for deliveries. The large primary bedroom has a renovated en suite marble bath as well as generous closet space. There is also a powder room, additional closets and 9' ceilings. See floor plan and full details here.

40-Broad-Street-01 All images of 40 Broad Street Condominium via Compass
From the Listing: Designed by a world-class interior designer, this timeless corner unit comes fully furnished, inclusive of 5 seamlessly mounted smart TVs and complete home automation system. This sophisticated downtown condo has 11' ceilings, oversized east-facing windows, and Brazilian walnut floors with stone inlay borders. The contemporary kitchen includes black granite countertops and custom walnut cabinetry, along with a custom built-in breakfast bar, backsplash, and wall covering. The entire apartment is outfitted with designer lighting, as well as a state-of-the-art home automation system. There are 5 Samsung Smart TV's, 2 sub-woofers, 2 soundbars, and ceiling speakers in every room. In-wall docking stations exist for your mobile phone or device. Motorized window shades and drapery from The Shade Store have been installed on every window. Closets have been custom designed by California Closets for maximum storage and functionality. See floor plan and full details here.

26-Beaver-Street-01 All images of 26 Beaver Street via Douglas Elliman
From the Listing: The stunning duplex "House in the Sky" at 26 Beaver Street enjoys exceptional privacy, a wraparound terrace, and fantastic architectural views of lower Manhattan and beyond. Soaring ceilings up to 18 feet tall, large skylights, and three walls of windows facing south, east and north fill this loft with abundant natural light throughout the day. From the private elevator landing, ascend a private staircase opening into the grand lower floor comprising an open living and dining area, kitchen and en suite bedroom. Upstairs, find the primary suite complete with an enormous dressing room/study and additional full bath. See floor plan and full details here.

303-East-57th-Street-01 All images of The Excelsior via Compass
From the Listing: Perched on the corner of the 45th floor of the iconic Excelsior with over 3,300 square feet, this elegantly appointed home with grand proportions is the definition of luxury living. Upon entering, one is greeted by picturesque panoramic views, southern facing balcony opening to a sweeping view of lower Manhattan as far as the eye can see, while Northern and Eastern exposures allow for a combination of both city and river views. The meticulously designed custom Snaidero eat-in kitchen opens to a magnificent Italian Colombo design dining room boasting open view of the East River. See floor plan and full details here.

Would you like to tour any of these properties?
Just complete the info below.
  1. Select which properties are of interest to you:

Or call us at (212) 755-5544
Would you like to tour any of these properties?