Will reduced prices lead to rosier outcomes for these sales units? (The Chapin House, #1E - Douglas Elliman)
At the start of March 2023, CityRealty listings show 7,422 condos, co-ops, condops, and townhouses for sale throughout Manhattan, Brooklyn, western Queens, and parts of the Bronx. The median price of a Manhattan condo comes to $2,644,420 ($1,900 per square foot), and Manhattan co-ops come to a median price of $997,035.
From March 1-7, 2023, a total of 254 sales listings experienced price reductions. Among them was the Stella Tower home of Chase Mishkin, a prominent Broadway producer whose credits included Memphis, Dame Edna: The Royal Tour, Dirty Rotten Scoundrels, and a production of Equus starring Daniel Radcliffe. The New York Post reported that she bought the apartment from the developer for $3.97 million in 2016 after falling in love with the foyer and the thoughtful layout. Her estate listed the apartment for $2.84 million in January 2023 following her death in August 2022, but the price has gone down since then. The most recent cut brings it down to $2,575,000.
From March 1-7, 2023, a total of 254 sales listings experienced price reductions. Among them was the Stella Tower home of Chase Mishkin, a prominent Broadway producer whose credits included Memphis, Dame Edna: The Royal Tour, Dirty Rotten Scoundrels, and a production of Equus starring Daniel Radcliffe. The New York Post reported that she bought the apartment from the developer for $3.97 million in 2016 after falling in love with the foyer and the thoughtful layout. Her estate listed the apartment for $2.84 million in January 2023 following her death in August 2022, but the price has gone down since then. The most recent cut brings it down to $2,575,000.
In this article:
Stella Tower, #12H (Compass)
From the Listing: Melding Art Deco pizazz with modern living, #12H pulls off the impossible fusing the best of yesterday with the demands of today. This stunning 2-bedroom, 2.5-bath residence with a home office is the perfect layout that you have been seeking. #12H allows for a true home office setup without compromising a bedroom or living room. The residence is oversized at 1,851 square feet and feels more expansive due to the 11-foot ceilings. The open kitchen has been handcrafted by Smallbone of Devizes. See floor plan and full details here.
863 Park Avenue, #6W (Douglas Elliman)
From the Listing: Move right into this stunning pre-war 3-bed, 3-bath intimate co-op with south and west views. Enter from your semi private landing into an elegant foyer. A warm and generous dining room invites entertaining and flows easily into the large corner living room with Park Avenue views. The windowed Poggenpohl kitchen is complete with a Miele refrigerator and dishwasher, Wolf stove and abundant cabinets. In the bedroom wing there are 2 large and lovely bedrooms and 1 smaller bedroom with northeast light, 2 en-suite baths and 1 bath in the hall. See floor plan and full details here.
170 East 79th Street, #13B (Douglas Elliman)
From the Listing: Offered for the first time in over 50 years, this high-floor, sun-flooded classic seven apartment boasts exposures to the south, east, and north, and views to the midtown skyline. Prewar details are everywhere you look, including the original wood burning fireplace, millwork, and 9’6" beamed ceilings. After passing through the semi-private elevator vestibule, the gracious 20’ entrance foyer opens up into the south facing living room with big city views. To the left is your formal dining room with seating for eight. The kitchen and home office are tucked behind the dining room and offer a great opportunity for a larger eat-in kitchen. Storage transfers with the home. See floor plan and full details here.
Dorchester Heights Condominium, #3J (The Corcoran Group)
From the Listing: Enter #3J to a generously proportioned living and dining space with coat closet. An open windowed kitchen with stainless steel appliances off the living area is roomy and convenient. Continue back to two large bedrooms with great closet space and a full bathroom with tub. An extra room makes a great home office, third bedroom, or easily open it up to create an oversized loft-like living and dining space. 2116 Dorchester Road is part of a three-address pre-war condominium, with each building having shared courtyards and laundry. See floor plan and full details here.
The Excelsior, #45B (Brown Harris Stevens)
From the Listing: Be enchanted by the views from this incredible apartment seemingly perched on top of the world. One sees so much of New York City, including its bridges, waterways, Central Park and every imaginable landmark. The soundproof huge picture windows enhance these sights as well as ushering in wonderful sunlight during the day and twinkling starlight at night. The terrace is another fabulous feature, whether it be for acquiring a suntan or just enjoying a glass of wine beneath the stars. The interior is approximately 1,800 square feet and easily converts from two to three bedrooms. There are 2 full bathrooms and a guest bathroom. See floor plan and full details here.
927 Fifth Avenue, #9FL (Brown Harris Stevens)
From the Listing: Distinguished full floor residence perched on the 9th floor of one of Fifth Avenue’s most prestigious white-glove cooperatives! This spectacular prewar apartment has 55 feet fronting Central Park and features soaring 10’6" foot ceilings, original herringbone flooring, and impressive original plaster moldings throughout. Sunlight streams in through 27 oversized windows spanning all four exposures. A private elevator landing opens into the main gallery, which has a deep coat closet and is bathed in natural light from the adjoining living room, library, and formal dining room. The gallery has a doublewide entryway that perfectly captures Central Park through the oversized living room windows. The impressive northwest corner 33’ x 18’6" living room has a wood-burning fireplace and charming views of the sailboats in the Central Park Conservatory pond. See floor plan and full details here.
760 Park Avenue, #2 (The Corcoran Group)
From the Listing: Occupying the entire third floor of 760 Park Avenue, this spectacular thirteen into eleven room prewar home is located in one of Manhattan’s most prestigious white-glove co-operatives. The palatial residence has nearly 90-feet of frontage on Park Avenue, two wood burning fireplaces, soaring ceilings, oversized windows, and perfectly preserved prewar architectural details. A private elevator landing opens onto a regal 26’8" long gallery providing an impressive introduction to the home. There is a beautiful enfilade of entertainment rooms all overlooking the treetops on Park Avenue. There is a windowed kitchen as well as a windowed serving kitchen; the two can be combined to create an enormous eat-in kitchen with incredible storage. See floor plan and full details here.
W Residences, #52F (Compass)
From the Listing: This 2-bedroom, 2-bath corner unit offers amazing views, west overlooking the entire Hudson River, and north of the breathtaking Manhattan skyline toward the new World Trade Center, Empire State Building and Chrysler Building. The interior is seamlessly designed and crafted for the ultimate modern living, featuring a sleek white lacquer kitchen with concealed appliances, stainless steel Miele gas top range, oven and convection/microwave, Sub-Zero refrigerator and Miele washer/dryer. There are dark ebony wood floors throughout, solid maple doors, and the oversize windowed bathroom features Italian crocodile-textured ceramic tiling and a towel warmer.
Please note that this property was part of an on line auction on October 13, where the Reserve Price was not met. The owner is still taking offers for sale with a minimum bid of $1.700,000. 3% Buyer’s Premium. Please visit Paramount Realty USA’s website for complete details. See floor plan and full details here.
Please note that this property was part of an on line auction on October 13, where the Reserve Price was not met. The owner is still taking offers for sale with a minimum bid of $1.700,000. 3% Buyer’s Premium. Please visit Paramount Realty USA’s website for complete details. See floor plan and full details here.
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Beekman Terrace, #4F (The Corcoran Group)
From the Listing: Unprecedented value meets exquisite living with this gracious six-room home in an esteemed, prewar cooperative located in the heart of Beekman Place. The formal entry foyer leads to an open dining and living room. The corner sun-filled living room features a wood-burning fireplace and oversized picture windows with expansive East River and garden views, original details including gorgeous herringbone wooden floors, crown molding and high ceilings. The windowed kitchen includes cabinets to the ceiling, spacious kitchen counter tops, and a Sub-Zero refrigerator. The large primary bedroom boasts a large closet, large south-east facing window with plenty of direct sunlight and an en-suite bath. See floor plan and full details here.
130 West 16th Street, #53 (Balen Real Estate LLC)
From the Listing: This apartment has pre-war features with hardwood floors and 9-foot ceilings, as well as excellent south and east exposures facing a beautiful garden. The elegant boutique building has a live-in superintendent, a new video intercom, a bike room, and a beautifully renovated roof deck with views of the Empire State Building. Last sponsor unit in the building - no board approval required. Owner is entertaining all offers. Rent-controlled tenant in place. See floor plan and full details here.
74 Fifth Avenue, #7B (Brown Harris Stevens)
From the Listing: Opportunity to own a grand corner loft encompassing approximately 1,800 square feet on lower Fifth Avenue in sought-after Greenwich Village. This versatile space with 11-foot ceilings offers wonderful sunlight and endless possibilities. Presently configured as a 3-bedroom 2-bath with a private primary suite, there is a generous foyer/ entrance gallery, expansive living/dining room and open cooks kitchen. The loft has abundant storage space and an in home-laundry room. Additional features include both north and western exposures, classic columns, original hardwood floors and oversized windows providing tons of sun and quiet. See floor plan and full details here.
One Central Park West, #1116 (The Corcoran Group)
From the Listing: Luxurious home fully furnished with the hotel’s signature 5-star services. Pampering linens and towels, a huge primary bedroom with a king-size bed and additional sitting area. A large living room area that allows you to entertain, or simply relax. Both the bedroom and living room enjoy floor-to-ceiling windows. A fully equipped kitchen with top-of-the-line appliances and loaded with essentials. Owner says sell! See floor plan and full details here.
432 Park Avenue, #50C (Douglas Elliman)
From the Listing: Enjoy spectacular views of Central Park and the city skyline from the 50th floor. This expansive 3 bedroom 3-and-a-half-bath residence at 432 Park Avenue, with interiors by celebrated architect Deborah Berke, exudes sophistication. A private elevator landing invites you into an elegant entry gallery, beyond which awaits artfully-designed living space graced by soaring 12’6" ceilings, solid oak flooring, and massive 10’ 10’ picture windows that bathe the ambience in natural light. The dramatic 29’ 29’ corner living/dining room affords a glamorous setting for entertaining with a backdrop of stretching views. The chef will feel inspired in the sleek custom windowed eat-in kitchen. See floor plan and full details here.
The Chapin House, #1E (Douglas Elliman)
From the Listing: Beautiful loft apartment has 10’ ceilings and ample living space. You can fit a complete queen-size bed set, large couch set, and furniture. The building features a virtual doorman, resident superintendent (receives packages), elevator, renovated lobby and hallways, private storage units, bike room, and basement laundry. Pets and pied-a-terres welcome. See floor plan and full details here.
1112 Park Avenue, #6B (Compass)
From the Listing: Welcome to #6B, a classic 8 room apartment over 2,500 square feet with 9.5-foot high ceilings. With 3 bedrooms and 2 maids’ rooms, a large gallery and formal dining room, this diamond in the rough has excellent bones and is ready for you to create your dream home. Facing north and west, this perfectly located Emery Roth designed pre-war Park Avenue apartment has space to roam. Off of the large gallery lie the 3 quiet bedrooms, where the primary bedroom has an en-suite bathroom with tub and shower, and the two other bedrooms share a Jack and Jill bathroom. Create lasting memories in the gracious living room with its functioning wood-burning fireplace. Through French doors, celebrate with family and friends in the expansive formal dining room. A pantry with plenty of storage and a wet bar leads to a large eat-in kitchen with newer appliances. See floor plan and full details here.
J.W. Marriott Essex House, #1151 (CitiSuites International Realty LLC)
From the Listing: Live at the iconic Essex House, a luxury Art Deco hotel with 185 privately owned residences now managed by JW Marriott. This light and bright charming one bedroom apartment has a renovated, open kitchenette, large living room boasting original 1930s parquet floors and a spacious bedroom with en-suite bath. Condominium apartment owners are offered a full complement of white glove hotel services and world-class amenities. See floor plan and full details here.
12 East 97th Street, #3J (The Corcoran Group)
From the Listing: A perfect pied-a-terre or primary residence, this alcove studio apartment has a comfortable living room/ bedroom, a full updated kitchen with dishwasher and a separate dining area (which is sometimes converted to a bedroom) and bath. Additional features include a great walk-in closet, beamed ceilings and hardwood floors. The building is a beautiful prewar that’s pet friendly, with full-time doorman and live-in super. It has a beautiful lobby and garden entry. In the basement is a windowed laundry room, a bike room, and a common storage room with designated spaces for each apartment. See floor plan and full details here.
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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