Price Cuts: Renovated condo in French chateau-style landmark shaves $1.7M off ask; Essex House 3-bed with park views now 57% off

455 Central Park West, #9L (BHS)

CityRealty > Market Insight > Features > Great Listings >

Thursday, Jun 13, 2024 By CityRealty Staff, CityRealty contributor

From June 4-10, 2024, approximately 400 condos, co-ops, condops, and townhouses throughout New York City experienced price reductions, with the largest number of reductions taking place in Midtown West, specifically in Hell's Kitchen. Due in part to continued hybrid work schedules, the area has not bounced all the way back to its pre-pandemic vibrance; the migrant crisis, other quality of life issues, and recent congestion pricing pause cannot help, either.

A selection of notable listings, along with a full chart of all price cuts, may be seen below. Please be advised that all quoted figures reflect cumulative price cuts as opposed to the most recent reductions.

-25.2% | -$200,000

685 West End Avenue, #10E
$595,000

Riverside Dr./West End Ave. | Cooperative | 1 Bedroom, 1 Bath

685 West End Avenue, #10E (Corcoran Group)

From the Listing: Welcome home to this high floor one-bedroom with a gracious oversized layout, gorgeous original hardwood floors, this rare offering features 9' beamed ceilings, king-sized corner bedroom, a windowed eat-in-kitchen with a breakfast nook, generous closet space throughout, new energy efficient custom windows and tons of original details. Washer/dryer and dishwasher allowed! See floor plan and full details here.

-22.3% | -$186,000

The Osborne, #9AB
$649,000

Midtown West | Cooperative | 1 Bedroom, 1 Bath

The Osborne, #9AB (Sothebys International Realty)

From the Listing: Gut renovated, airy, and spacious one-bedroom in the historic Osborne apartments. Over 12’ ceilings with open views of Carnegie Hall and city skyline. Vast amount of floor to ceiling custom built- ins and walk in closet storage. Highly efficient use of space with small custom kitchenette including fridge and cooktop. Original ornate fireplace in bedroom flanked by 2 charming window seats overlooking sunshine views. $100/month for electric collected with maintenance. See floor plan and full details here.

-17.8% | -$151,000

The Penny Lane, #120
$699,000

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath | 1,000 ft²

The Penny Lane, #120 (Elegran LLC)

From the Listing: Step into your dream duplex with a private patio nestled in the vibrant heart of Kips Bay! The lower floor encompasses a capacious living area and an open kitchen equipped with a dishwasher, elegant granite countertops, breakfast bar and dining space. Ascend the charming wooden staircase to the upper level to a king-sized bedroom with a walk-in closet and Juliet balcony. Sponsor unit - no board approval required. See floor plan and full details here.

-14.8% | -$148,000

Downtown by Starck, #902
$850,000

Financial District | Condominium | 1 Bedroom, 1 Bath | 943 ft²

Downtown by Starck, #902 (Brown Harris Stevens Residential Sales LLC)

From the Listing: With soaring 11-foot beamed ceilings, this enormous 943-square-foot 1-bedroom home boasts low monthlies, oversize living room, separate home office, a humongous walk-in closet, in-unit washer/dryer, central heat and A/C, beautiful maple floors, and open city views! The home's modern kitchen flaunts white quartz countertops and high-end stainless steel appliances including a hooded stove, dishwasher, and garbage disposal. See floor plan and full details here.

-9.2% | -$101,000

46 West 71st Street, #GB
$999,000

Central Park West | Cooperative | 1 Bedroom, 1 Bath

46 West 71st Street, #GB (Corcoran Group)

From the Listing: This exquisite one-bedroom, one-bath apartment seamlessly blends pre-war charm with modern elegance to create an inviting, private sanctuary. Impressive and visually stunning, the exposed brick wall with reclaimed barn accents instills a timeless charm. The well-curated living space is spacious and opens to an enchanting southeast-facing dining alcove. A moment of surprise awaits as you glance through a southwestern window unveiling the property's true highlight-a quiet, pristine garden. Ask about a $1,500 annual credit. See floor plan and full details here.

-11.8% | -$200,000

209 Smith Street, #4B
$1,495,000

Boerum Hill | Condominium | 3 Bedrooms, 2 Baths | 1,253 ft²

209 Smith Street, #4B (Douglas Elliman Real Estate)

From the Listing: With three bedrooms, two bathrooms, and two exclusive outdoor spaces on two levels this sky-lit duplex feels far away from the bustling Smith Street it overlooks. With double-height living room ceilings, hardwood floors, new appliances, and nobody but clouds above you, this is an amazing place to turn into your next pet-friendly home. Steps from the F/G trains, a short walk to Borough Hall trains, and a nice walk (or quick bike ride) to the NYC Ferry at Brooklyn Bridge Park, 209 Smith is also conveniently located close to Smith and Court Street and Atlantic Avenue shopping, dining, and nightlife. See floor plan and full details here.

-15.2% | -$300,000

Stella Tower, #14D
$1,675,000

Midtown West | Condominium | 1 Bedroom, 2 Baths | 1,416 ft²

Stella Tower, #14D (Compass)

From the Listing: Larger than many 2-bedroom apartments, this 1,416 square foot 1-bedroom home at the stunning Stella Tower offers luxurious living in an environment of splendid interiors, soaring 11’ ceilings and fantastic finishes. Triple exposures through dramatic windows offer iconic views of NYC landmarks such as the World Trade Center, Empire State Building and Deutsche Bank Center. This home has a thoughtfully designed layout, perfect for elegant living and entertaining. The open, loft-like kitchen includes custom, handcrafted Smallbone of Devizes oak cabinetry, a large island and Miele appliances. See floor plan and full details here.

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
Olympic Tower, 641 Fifth Avenue
Sterling Plaza, 255 East 49th Street
1025 Fifth Avenue
46 West 71st Street
455 Central Park West
15 Hudson Yards
Central Park Tower, 217 West 57th Street
The Osborne, 205 West 57th Street
Stella Tower, 425 West 50th Street
J.W. Marriott Essex House, 160 Central Park South
Bridgefront, 42 Main Street
685 West End Avenue
Duane Park Lofts, 166 Duane Street
The Penny Lane, 215 East 24th Street
45 East 9th Street
Downtown by Starck, 15 Broad Street

Or call us at (212) 755-5544

-16.5% | -$355,000

45 East 9th Street, #99
$1,795,000

Greenwich Village | Cooperative | 1 Bedroom, 1 Bath

45 East 9th Street, #99 (Brown Harris Stevens Residential Sales LLC)

From the Listing: Apartment #99 gives the premier experience of a modern dream home situated atop one of Greenwich Village's most desirable full service pre-war cooperative buildings. A complete contemporary redesign by Messana O'Rorke goes above and beyond while maintaining tasteful integrity with fully custom lighting, cabinetry, shelving, surround sound, detailed finishes, steam shower bathroom, and chef's kitchen. Located on the 9th floor of the building, this top-floor apartment gives you direct access up one flight of stairs (or the elevator) to the building's lovely roof deck complete with multiple seating areas surrounded by diverse and tranquil plant life. See floor plan and full details here.

-33.3% | -$1,000,000

870 United Nations Plaza, #37/38C
$2,000,000

Turtle Bay/United Nations | Cooperative | 5 Bedrooms, 5.5 Baths | 3,860 ft²

870 United Nations Plaza, #37/38C (Brown Harris Stevens Residential Sales LLC)

From the Listing: With stunning, panoramic unobstructed skyline and river views from your walls of oversized almost floor-to-ceiling windows in every room, there is more to love here than ever before. Pass through the threshold onto oak hardwood floors past your very own in house elevator and straight front stairs into your elegant nineteen-foot-long gallery. You will be immediately drawn into your spacious living room, complete with a wood-burning fireplace. Your formal dining room has a special secured closet to safely store all your valuables. See floor plan and full details here.

-23.4% | -$700,000

1025 Fifth Avenue, #11CN
$2,295,000

Carnegie Hill | Cooperative | 2 Bedrooms, 2.5 Baths

1025 Fifth Avenue, #11CN (Brown Harris Stevens Residential Sales LLC)

From the Listing: This timeless duplex apartment boasts two bedrooms, 2.5 baths, and a truly breathtaking 325-square-foot terrace with views overlooking East 84th Street. Generous room proportions provide ample space for comfortable living and entertaining, making this residence a canvas for your creativity. Step outside to your impressive terrace and enjoy al fresco dining, gardening, or simply unwind on this tranquil oasis amidst the city. Ascending the elegant staircase to the second floor of this remarkable home, you'll discover a haven of luxury and comfort. See floor plan and full details here.

-12.9% | -$354,000

Bridgefront, #10F
$2,395,000

DUMBO | Condominium | 3 Bedrooms, 2 Baths | 1,660 ft²

Bridgefront, #10F (Archpoint Advisory Team)

From the Listing: Enjoy DUMBO penthouse splendor in this spectacular full-floor showplace with a private rooftop terrace! Arrive in the expansive great room where curved windows frame the Brooklyn Bridge approach. This spacious setting provides plenty of room for living and dining, while the designer kitchen sets the stage for impeccable meals with its sleek slab cabinetry, Pietra Serena countertops and premium stainless steel appliances, including a vented Wolf gas range, Sub-Zero refrigerator and dishwasher. See floor plan and full details here.

-26.4% | -$925,000

Olympic Tower, #24E
$2,575,000

Midtown East | Condominium | 2 Bedrooms, 2.5 Baths | 1,793 ft²

Olympic Tower, #24E (Corcoran Group)

From the Listing: Enjoy spectacular views from this high-floor corner condo in the prestigious Olympic Tower! Interiors feature 9' ceilings, floor-to-ceiling windows, grand-scale living/dining room, individual room controlled HVAC, electronic shades, and in-unit washer/dryer. It is a short distance from Saks Fifth Avenue, Rockefeller Center, world-class dining and shopping, the Theater District, and Central Park. See floor plan and full details here.

-57.1% | -$3,999,000

J.W. Marriott Essex House, #1001
$3,000,000

Midtown West | Condominium | 3 Bedrooms, 3 Baths | 2,261 ft²

J.W. Marriott Essex House, #1001 (Serhant LLC)

From the Listing: Indulge in the epitome of luxurious living at the majestic Essex House, boasting an unparalleled view of Central Park that is forever protected. The great room, spanning 30 feet wide, is adorned with enormous picture windows that fill the space with light and scenic Central Park views from every angle. The gourmet, chef-designed eat-in kitchen also faces the park and includes a remarkable window seat and table at the end of a long stone counter kitchen with custom cabinetry and top-of-the-line appliances. Electricity, water, and HVAC maintenance is all included in your monthlies. See floor plan and full details here.

-23% | $1,000,000

Sterling Plaza, #30A
$3,350,000

Midtown East | Condominium | 3 Bedrooms, 3.5 Baths | 2,550 ft²

Sterling Plaza, #30A (Corcoran Group)

From the Listing: Fantastic custom design by the developer for his home in the very heart of Manhattan! With triple exposures, enjoy north, east, and west views of the East River, Manhattan skyline, and the Chrysler building. Flooded with sunlight all day long, this perfect layout includes a 19.6 x 30-foot Living Room with fireplace, floor-to-ceiling windows, and three sizable balconies! Welcoming eat-in kitchen comes with beautiful hardwood floors, Sub-Zero refrigerator and stainless steel appliances, two windows, and miles of counter space. See floor plan and full details here.

-12.3% | $600,000

Fifteen Hudson Yards, #63C
$4,150,000

Midtown West | Condominium | 2 Bedrooms, 2.5 Baths | 1,907 ft²

Fifteen Hudson Yards, #63C (Douglas Elliman Real Estate)

From the Listing: Don't miss the opportunity to buy the first resale of this special C-line, which originally sold out quickly. The loft-like, living and dining rooms are perfect for an entertainer with their nearly 11-foot ceilings and open west river views. The sleek open kitchen is a chef's dream with a breakfast bar and top-of-the-line appliances including a vented five-burner stove, three ovens (a regular, steam, and speed/convection) a Miele dishwasher, wine fridge, garbage disposal, and an extraordinary number of custom cabinets. 20-year tax abatement in place. Option to purchase furnished! See floor plan and full details here.

-9.2% | $455,000

Duane Park Lofts, #4C
$4,495,000

Tribeca | Condominium | 3 Bedrooms, 2.5 Baths | 2,311 ft²

Duane Park Lofts, #4C (R New York)

From the Listing: Residence #4C boasts over 2,300 square feet of immaculately updated, usable space inside one of Tribeca’s most coveted buildings. Upon entering the apartment, you are immediately drawn to the impressive foyer and loft-like ceiling height of the magnificent hallway that leads you into the rest of the home. More counter space than any chef could dream of awaits in this brand-new kitchen, as do top-of-the-line appliances and a center island perfect for entertaining guests. The open layout seamlessly flows into the living and dining spaces, which are flooded with southern sun. See floor plan and full details here.

-9.6% | $900,000

Central Park Tower, #65N
$8,500,000

Midtown West | Condominium | 2 Bedrooms, 3.5 Baths | 1,435 ft²

Central Park Tower, #65N (Corcoran Sunshine Marketing Group)

From the Listing: This north-facing two-bedroom, two-and-a-half-bathroom residence is located at an elevation of over 675 feet and features direct views of Central Park from every room in the home. Floor-to-ceiling glass spanning the entire residence, allows for an abundance of natural light. The formal entry foyer opens to a great room featuring soaring ceiling heights of 10'7." The split bedroom layout provides for privacy and comfort with en-suite bathrooms as well as a separate powder room. The gourmet kitchen features custom cabinetry by Smallbone of Devizes and premium Miele appliances. See floor plan and full details here.

-16.2% | -$1,700,000

455 Central Park West, #9L
$8,800,000

Central Park West | Condominium | 4 Bedrooms, 3.5 Baths | 4,400 ft²

455 Central Park West, #9L (Brown Harris Stevens Residential Sales LLC)

From the Listing: Simply spectacular and exceptionally rare, this expansive luxury residence is truly one of a kind with its panoramic Central Park views, large private landscaped terrace, fabulous layout and fine design. The magnificent double-turreted #9L is a distinctive dream home with 4 bedrooms, 3.5 elegant baths, soaring 12-foot ceilings, and oversized windows facing every direction (north, south, west and east). Your private elevator landing opens to a gracious entry foyer and the dramatic entertaining area. A circular 36.6" diameter living room affords a perfect setting for hosting guests and dinner parties, and connects to a spacious park-facing terrace for serving coffee and cocktails outdoors. See floor plan and full details here.

-15.7% | -$5,500,000

34 East 62nd Street, #TH
$29,500,000

Park/Fifth Ave. to 79th St. | Townhouse | 5 Bedrooms, 6+ Baths | 9,200 ft²

34 East 62nd Street, #TH (Modlin Group LLC)

From the Listing: Perfectly positioned on East 62nd Street, moments from Madison Avenue and Central Park, this five-bedroom, nine-bath, five-story townhouse was built ground up and recently completed. 20 feet wide and spanning over 9,200 square feet, this house features an exceptional landscaped garden and a rooftop terrace comprised of the entire top level. Graced by a French Limestone façade and boasting stunning, bowed French windows and a slate mansard roof, this magnificent “entertainers” home is also outfitted with state-of-the-art construction and technology, representing a unique opportunity to own in Manhattan’s most coveted neighborhood. See floor plan and full details here.

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
Olympic Tower, 641 Fifth Avenue
Sterling Plaza, 255 East 49th Street
1025 Fifth Avenue
46 West 71st Street
455 Central Park West
15 Hudson Yards
Central Park Tower, 217 West 57th Street
The Osborne, 205 West 57th Street
Stella Tower, 425 West 50th Street
J.W. Marriott Essex House, 160 Central Park South
Bridgefront, 42 Main Street
685 West End Avenue
Duane Park Lofts, 166 Duane Street
The Penny Lane, 215 East 24th Street
45 East 9th Street
Downtown by Starck, 15 Broad Street

Or call us at (212) 755-5544

Would you like to tour any of these properties?

In this article:

-25.2% | -$200,000

685 West End Avenue, #10E
$595,000

-22.3% | -$186,000

The Osborne, #9AB
$649,000

-17.8% | -$151,000

The Penny Lane, #120
$699,000

-14.8% | -$148,000

Downtown by Starck, #902
$850,000

-9.2% | -$101,000

46 West 71st Street, #GB
$999,000

-11.8% | -$200,000

209 Smith Street, #4B
$1,495,000

-15.2% | -$300,000

Stella Tower, #14D
$1,675,000

Select which properties are of interest to you:

-16.5% | -$355,000

45 East 9th Street, #99
$1,795,000

-33.3% | -$1,000,000

870 United Nations Plaza, #37/38C
$2,000,000

-23.4% | -$700,000

1025 Fifth Avenue, #11CN
$2,295,000

-12.9% | -$354,000

Bridgefront, #10F
$2,395,000

-26.4% | -$925,000

Olympic Tower, #24E
$2,575,000

-57.1% | -$3,999,000

J.W. Marriott Essex House, #1001
$3,000,000

-23% | $1,000,000

Sterling Plaza, #30A
$3,350,000

-12.3% | $600,000

Fifteen Hudson Yards, #63C
$4,150,000

-9.2% | $455,000

Duane Park Lofts, #4C
$4,495,000

-9.6% | $900,000

Central Park Tower, #65N
$8,500,000

-16.2% | -$1,700,000

455 Central Park West, #9L
$8,800,000

-15.7% | -$5,500,000

34 East 62nd Street, #TH
$29,500,000

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In this article:

-25.2% | -$200,000 685 West End Avenue, #10E$595,000

-22.3% | -$186,000 The Osborne, #9AB$649,000

-17.8% | -$151,000 The Penny Lane, #120$699,000

-14.8% | -$148,000 Downtown by Starck, #902$850,000

-9.2% | -$101,000 46 West 71st Street, #GB$999,000

-11.8% | -$200,000 209 Smith Street, #4B$1,495,000

-15.2% | -$300,000 Stella Tower, #14D$1,675,000

Select which properties are of interest to you:

-16.5% | -$355,000 45 East 9th Street, #99$1,795,000

-33.3% | -$1,000,000 870 United Nations Plaza, #37/38C$2,000,000

-23.4% | -$700,000 1025 Fifth Avenue, #11CN$2,295,000

-12.9% | -$354,000 Bridgefront, #10F$2,395,000

-26.4% | -$925,000 Olympic Tower, #24E$2,575,000

-57.1% | -$3,999,000 J.W. Marriott Essex House, #1001$3,000,000

-23% | $1,000,000 Sterling Plaza, #30A$3,350,000

-12.3% | $600,000 Fifteen Hudson Yards, #63C$4,150,000

-9.2% | $455,000 Duane Park Lofts, #4C$4,495,000

-9.6% | $900,000 Central Park Tower, #65N$8,500,000

-16.2% | -$1,700,000 455 Central Park West, #9L$8,800,000

-15.7% | -$5,500,000 34 East 62nd Street, #TH$29,500,000

Select which properties are of interest to you:

Listings in this article

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-25.2% | -$200,000

685 West End Avenue, #10E
$595,000

-22.3% | -$186,000

The Osborne, #9AB
$649,000

-17.8% | -$151,000

The Penny Lane, #120
$699,000

-14.8% | -$148,000

Downtown by Starck, #902
$850,000

-9.2% | -$101,000

46 West 71st Street, #GB
$999,000

-11.8% | -$200,000

209 Smith Street, #4B
$1,495,000

-15.2% | -$300,000

Stella Tower, #14D
$1,675,000

-16.5% | -$355,000

45 East 9th Street, #99
$1,795,000

-33.3% | -$1,000,000

870 United Nations Plaza, #37/38C
$2,000,000

-23.4% | -$700,000

1025 Fifth Avenue, #11CN
$2,295,000

-12.9% | -$354,000

Bridgefront, #10F
$2,395,000

-26.4% | -$925,000

Olympic Tower, #24E
$2,575,000

-57.1% | -$3,999,000

J.W. Marriott Essex House, #1001
$3,000,000

-23% | $1,000,000

Sterling Plaza, #30A
$3,350,000

-12.3% | $600,000

Fifteen Hudson Yards, #63C
$4,150,000

-9.2% | $455,000

Duane Park Lofts, #4C
$4,495,000

-9.6% | $900,000

Central Park Tower, #65N
$8,500,000

-16.2% | -$1,700,000

455 Central Park West, #9L
$8,800,000

-15.7% | -$5,500,000

34 East 62nd Street, #TH
$29,500,000

Price Cuts: Former Kips Bay Decorator Showhouse down by $9.5M; Karim Rashid to take loss on Hell's Kitchen condo

Seven tips for getting past NYC's toughest co-op boards + Prewar gems with open houses