Skip to Content
CityRealty Logo
One Madison, #PH (The Corcoran Group) One Madison, #PH (The Corcoran Group)
From the most intimate boutique condominiums to expansive prewar cooperatives, the definition of a New York City penthouse is largely the same: the top-floor unit with the most square footage and best views in the building. More often than not, the penthouse also includes the highest ceilings, more luxurious appliances and finishes than its counterparts below, and the greatest probability of having private outdoor space. Finally, one should expect to pay for these privileges - the penthouse is typically the highest-priced unit in the building.

From May 10-16, 2023, a total of 353 sales listings throughout New York, a number of penthouses among them, experienced price reductions. A selection of notable listings may be found below; please note that all percentages quoted show cumulative price cuts as opposed to the most recent reduction.

In this article:

1056 Fifth Avenue
1056 Fifth Avenue Carnegie Hill
Observatory Place, 353 East 104th Street
Observatory Place, 353 East 104th Street East Harlem
1021 Park Avenue
1021 Park Avenue Carnegie Hill
314 West 56th Street
314 West 56th Street Midtown West
254 Park Avenue South
254 Park Avenue South Flatiron/Union Square
930-Fifth-Avenue-01 930 Fifth Avenue, #3J (Douglas Elliman)
From the Listing: Welcome to a slice of Paris perfection on Fifth Avenue! This spacious alcove studio is a serene jewel box. Impeccably renovated, this gem is in pristine condition, with modern and elegant high end finishes while preserving the special prewar details of this premiere Emory Roth cooperative. Enter into a custom built in work space with blonde leather paneled walls and abundant drawers in the desk for storage. Move into the windowed kitchen and dining area with a Gaggenau cooktop and hood, Jenn-Air microwave, Sub-Zero refrigerator and freezer, Miele dishwasher, Vola fixtures and Silestone counter tops. The windowed travertine bath has Waterworks fixtures, heated floors, Broan heat lamps, and a large stall shower. See floor plan and full details here.

140-West-69th-Street-01 Lincoln Spencer Arms, #PH11 (Compass)
Lincoln Center co-ops
Upper West Side co-ops
From the Listing: Stylishly renovated with beautiful finishes, this one-bedroom duplex close to Lincoln Center offers sweeping views of the Upper West Side from a large terrace off the living room. The open-plan first floor features a spacious living-and-dining room that flows seamlessly into the windowed kitchen with granite countertops and appliances by Miele and Gaggenau. A wall of sliding doors leads onto the spacious terrace with open views to the west, south, and north. The modern staircase, lit with a skylight, leads to the primary bedroom with multiple closets built out by California Closets. See floor plan and full details here.

23-East-22nd-Street-01 One Madison, #PH (The Corcoran Group)
Flatiron District condos
NYC penthouses
From the Listing: Crowning One Madison from the 58th to the 60th floors, the Triplex Penthouse boasts nearly 7,000 square feet of open interior space with dramatic full-height windows that offer breathtaking 360-degree skyline and river views. The apartment offers an extraordinary perspective of the island of Manhattan and its iconic buildings. The double-height Great Room with over 20-foot ceilings and a 586 square-foot wraparound terrace is the centerpiece of the residence. A formal dining room offers the ideal setting for gracious entertaining. A sweeping curved glass staircase leads to the bedroom levels which consist of a gracious primary suite with dressing room, marble bath with free-standing soaking tub and rain shower in addition to four bedrooms with ensuite baths and a staff room. See floor plan and full details here.

55-East-87th-Street-01 The Parc, #12C (Brown Harris Stevens)
Carnegie Hill co-ops
Upper East Side co-ops
From the Listing: This one-of-a-kind gem is located in a chic and stylish boutique building, nestled between Park and Madison Avenues. Upon opening the front door you are greeted by a flood of warm and inviting light and sunshine with all windows facing South including the spacious terrace. Entertain in the evenings with your outside space just off your living room and enjoy the tranquil city lights. A wonderful kitchen completes your comfort of being home. Two bedrooms with a nicely appointed bath off the hall. See floor plan and full details here.

1000-Park-Avenue-01 1000 Park Avenue, #6B (Compass)
Park Avenue co-ops
Carnegie Hill co-ops
From the Listing: Welcome to this spacious and elegant apartment on the Upper East Side, overlooking Park Avenue and facing east for stunning natural light throughout the day. This apartment boasts great pre-war details, including high ceilings, a working fireplace, and beautiful moldings. It features a separate living and dining room, perfect for entertaining guests or hosting family gatherings. The large eat-in kitchen is a chef’s dream, complete with top-of-the-line appliances, beautiful countertops, and ample cabinet space. See floor plan and full details here.

1021-Park-Avenue-01 1021 Park Avenue, #13D (Brown Harris Stevens)
Park Avenue co-ops
Upper East Side co-ops
From the Listing: This gracious seven-room apartment on a high floor in a desirable Candela Upper East Side Park Avenue white glove co-op has a spacious primary bedroom with en-suite bath, four closets and a sundrenched corner outlook. There is an over-sized spectacular living room with 10.5-foot ceiling, wood-burning fireplace. The ample formal dining room faces west. An eat-in kitchen with two large windows facing west and two other smaller bedrooms with a Jack and Jill bath round out the apartment. See floor plan and full details here.

353-East-104th-Street-01 Observatory Place, #PH2 (Compass)
East Harlem condos
Upper Manhattan condos
From the Listing: Enjoy sweeping 270-degree views from the private terrace of this immaculate three bedroom penthouse at Observatory Place! Upon entry you’ll find the expansive living space is perfectly complemented with sunlight flooding in through oversized windows looking out to the wraparound terrace. This apartment features three large bedrooms, high-end condo finishes, beautiful oak floors, high ceilings, a designer kitchen, and a washer dryer. Enjoy lazy Sundays on your private terrace with unobstructed views for miles, spread out in luxury in your large corner living room, or take in the city and river views from the comfort of your bed in any of the three south facing bedrooms. See floor plan and full details here.

254-Park-Avenue-South-01 254 Park Avenue South, #3K (Compass)
NYC condos
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
From the Listing: This chic one-bedroom loft is located in the heart of the Flatiron District in close proximity to Union Square, Madison Square Park, Chelsea and Gramercy. The interiors have been re- designed by the renowned Charles Allem, unifying efficient use of space, sophisticated modern aesthetics and best quality materials and appliances. Dark wood floors and stone accents harmoniously coexist with urban stainless steel and glass throughout the apartment. A usable loft area fits a queen size bed, a dresser and small office table, giving the the loft below exclusivity for living, entertaining and dining purposes. See floor plan and full details here.

420-West-Broadway-01 The Soho Gallery Building, #PHA (Sotheby's International Realty)
Soho lofts
Soho co-ops
From the Listing: Welcome to the perfect full-floor loft providing privacy, serenity and stylish authentic Soho living! From your private entrance foyer, enter into the great room, a grand living space with soaring 11-foot ceilings, beautiful walnut sound-proofed hardwood floors and oversized stone fireplace. The impressive and open dining room features three large east-facing windows framed by exposed brick walls and is the perfect space for large dinner parties and casual entertaining. The sun-drenched eat-in kitchen with south and east exposures is a chef’s dream! Upstairs, double doors open to the lavishly mature landscaped terrace; a serene retreat with World Trade Center views and open skies. See floor plan and full details here.

1056-Fifth-Avenue-01 1056 Fifth Avenue, #4D (Compass)
Fifth Avenue co-ops
Upper East Side co-ops
From the Listing: The apartment is gracious with an oversized 21-foot open-plan living room/ dining area, and is framed by large south-facing windows which offer lovely light throughout the day. The gallery windowed kitchen features all stainless steel appliances, granite and beautiful cabinetry. The two bedrooms are situated off the foyer, in a separate wing. The corner primary bedroom has dual exposure- south and east- with a windowed en-suite bath and generous closets. Unit transfers with a storage locker. See full details here.

169-Huron-Street-01 169 Huron Street, #PHA (Compass)
Greenpoint condos
Brooklyn condos
From the Listing: This one-bed, one-bath penthouseunit offers a thoughtful and elegant layout while also providing unparalleled, private outdoor living. The living space has multi-use flexibility and can function well as a home office with its triple exposure, floor-to-ceiling windows. The kitchen features custom millwork, plus Fisher & Paykel appliances with matching panels for a seamless look. Directly off of the dining area is a private staircase that leads to your own 577-square-foot roof terrace. See floor plan and full details here.

255-Fieldston-Terrace-01 255 Fieldston Terrace, #5J (Robert E. Hill Inc.)
Riverdale co-ops
Bronx co-ops
From the Listing: Spacious one-bedroom conveniently located in Riverdale steps from Van Cortlandt Park. Updated kitchen with windowed dining area, updated bathroom, entry foyer has large closet. Building amenities include laundry room, live-in super, bike room, storage. Deeded parking spot available for purchase. See full details here.

25-Central-Park-West-01 The Century, #25K (Compass)
Central Park West condos
Upper West Side condos
From the Listing: High in the South Tower of the iconic Century Condominium is Unit 25K a 2-bed/2-bath pre-war masterpiece. The foyer and gallery hall make for a grand entrance, providing plenty of space to show off your style without giving up discretion, and the adjacent full bath is easily accessible to guests. Follow the original mahogany parquet floors to the right for the spacious sunken living room with its sweeping views of the Park, decorative fireplace, and charming original details. To the left of the entrance is the windowed kitchen and dining alcove, where you’ll find stainless steel appliances and a convenient washer/dryer. The two generously sized bedrooms are on opposite sides of the apartment for additional peace and privacy. See floor plan and full details here.

200-East-24th-Street-01 The Crystal House, #706 (Keller Williams NYC)
From the Listing: Residence 706 is the most favorable 2-bedroom, 1.5-bath line in the building. Enter through a large foyer surrounded by abundant closet space. This opens into your expansive living room. Other features include, an eat in windowed kitchen with dishwasher and king-size primary suite with its own half bath. Bring your contractor to create the apartment of your dreams! See full details here.

101-Central-Park-West-01 101 Central Park West, #8A (Coldwell Banker Warburg)
Central Park West co-ops
Upper West Side co-ops
From the Listing: The expansive gallery leads to a stunning and sophisticated oversized living room with a wood-burning fireplace, a truly elegant dining room with beautiful exposure, and a perfectly placed and proportioned library. Add in two large bedrooms, a third smaller bedroom/home office and high ceilings, open views from every room and gigantic windows throughout and you have the makings of luxurious living. See floor plan and full details here.

314-West-56th-Street-01 314 West 56th Street, #1C (Yoreevo LLC)
From the Listing: Tons of potential awaits you at 314 West 56th Street #1C, located in the heart of Midtown and steps from Central Park! This second-floor apartment features the ideal layout with an oversized, open kitchen, ample closet space (including built-ins in the bedroom) and a sizable living room. 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?