Park Imperial #64A via Douglas Elliman
In New York, apartments experience price cuts for all kinds of reasons. Sometimes they were listed optimistically high to begin with and must be adjusted to align with market realities. Other times, a glut of similar units means brokers and sellers must take action for their listing to stand out. And still other times, a less than savory history can taint an otherwise gorgeous listing.
A possible combination of all of the above would appear to have struck #64A in the Park Imperial, and it doesn't help that new supertalls like 220 Central Park South and Central Park Tower have encroached upon once-uninterrupted views. The apartment, most recently owned by former Comverse Technology founder Jacob "Kobi" Alexander, has been reduced by $16 million since it was first listed. But if that is still too far out of your price range, we pulled a selection of apartments in prime New York neighborhoods that have been reduced to under $1.5 million.
A possible combination of all of the above would appear to have struck #64A in the Park Imperial, and it doesn't help that new supertalls like 220 Central Park South and Central Park Tower have encroached upon once-uninterrupted views. The apartment, most recently owned by former Comverse Technology founder Jacob "Kobi" Alexander, has been reduced by $16 million since it was first listed. But if that is still too far out of your price range, we pulled a selection of apartments in prime New York neighborhoods that have been reduced to under $1.5 million.
In this article:
-15.61% | -$125K
205 East 63rd Street, #17E | $675,000
Cooperative | 1 Bed, 1 bath
All images of 205 East 63rd Street via Elegran
Bedroom
Private balcony
High-floor home on the Upper East Side has recently been renovated with new, top-of-the-line appliances in the kitchen. The apartment overlooks amazing western views and comes with a private balcony to better enjoy them. Down the hall, the bedroom has generous closet space and enough floor space to accommodate a king-size bed. See floor plan and full details here.
-16.23% | -$154K
424 East 57th Street, #4A | $795,000
Cooperative | 2 beds, 1 bath
All images of 424 East 57th Street via Douglas Elliman
Kitchen
Bedroom
Upon entering this spacious Sutton Place home, a gracious foyer leads to a large living room with a working fireplace and windowed French doors. Elsewhere in the apartment, the windowed kitchen and both bedrooms are flooded with natural light. Building amenities include a backyard garden, bike room, and the services of a live-in superintendent. See floor plan and full details here.
All images of Hudson Towers via Halstead
Living room
Bedroom
Peaceful uptown one-bedroom features hardwood floors, central air conditioning, windowed kitchen and bath, and generous closet space. Just off the expansive living/dining room, peaceful private terrace faces the back of the building. Building amenities and staff include full-time doorman, live-in super, seasonal pool, playground, laundry room, bike room, and storage. See floor plan and full details here.
All images of The Fontaine via Halstead
Dining area
Bedroom
Spacious apartment on the Upper East Side is filled with natural light from a wall of windows, yet enjoys pin-drop quiet. The bedroom has oversized windows, a walk-in closet, and enough room for a king-size bed. Full-service co-op amenities and staff include full-time doorman, bike room, gym, storage, central laundry room, and roof deck with sweeping city views. See floor plan and full details here.
All images of The Newbury via Douglas Elliman
Bedroom
Study
Luxurious corner co-op's expansive space and bright rooms make it ideal for entertaining. The bedrooms are located in a separate wing and filled with light from southern and western exposures. Pet-friendly building's amenities include gym, two outdoor swimming pools, bike room, storage, central laundry room, and roof deck See floor plan and full details here.
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All images of 480 Eastern Parkway via Corcoran
Kitchen
Den
Enormous Brooklyn duplex is infused with high-quality materials and finishes that include custom oak cabinets in the kitchen and natural stone in the bathroom. The home is topped with a private roof deck overlooking stunning Manhattan and Brooklyn skyline views. The building offers a central laundry room, bike room, and easy access to transportation, Prospect Park, Grand Army Plaza, the Brooklyn Museum, and Brooklyn Botanic Garden. See floor plan and full details here.
All images of Barbizon 63 via Douglas Elliman
Kitchen
Bedroom
Located on the tenth floor of a white-glove co-op on the Upper East Side, this home is filled with southern light through oversized casement windows. The living/dining area features beamed ceilings, prewar crown molding, and built-in lighting and sound. The master suite offers a walk-in closet, enough space for a king-size bed, and bath with soaking tub and glass door shower. See floor plan and further details here.
-23.53% | -$200K
99 Avenue B, #4CD | $650,000
Cooperative | 2 beds, 1 bath
All images of 99 Avenue B via Douglas Elliman
Kitchen
Bedroom
Just off Tompkins Square Park, this corner co-op is filled with amazing light from southern and eastern exposures. A smartly renovated kitchen makes the most of its storage and space and comes outfitted with stainless steel appliances. Building amenities include video intercom, laundry room, bike room, basement storage, and roof deck with 360-degree views of Manhattan and Brooklyn. See floor plan and full details here.
All images of Carnegie House via Barkin & Associates
Kitchen
Bedroom
Southern and western exposures fill this expansive home with amazing light throughout the day. The spacious master bedroom has an en suite bath and an abundance of storage space. The full-service doorman building is located in the middle of Midtown and offers easy access to Central Park, Columbus Circle, Carnegie Hall, the Theater District, and Fifth Avenue shopping. See floor plan and full details here.
All images of Majestic Towers via Douglas Elliman
Foyer
Kitchen
Spacious studio features a large living area, separate study/office, eat-in kitchen, and excellent closet space. Building amenities and staff include a part-time doorman, live-in superintendent, laundry room, storage, and furnished roof deck. The apartment is located in a historic Upper West Side building near Central Park, Riverside Park, Beacon Theatre, the American Museum of Natural History, and prime dining and shopping. See floor plan and full details here.
Special Mention
All images of The Park Imperial via Compass
Kitchen
In-unit sauna
Between the silk-, leather-, and wood-paneled walls, the hand-hewn plank floors, the maple-paneled ceilings, and the hand-chiseled stone slabs, the finest materials went into this full-floor unit on the 64th story of a Midtown skyscraper condominium. The same attention to detail went into the chef's dream kitchen, which is outfitted with Sub-Zero appliances and incredible storage space. The enormous master suite features his-and-hers dressing rooms and spa-like bath with oversized sauna, warmed floors, all-glass shower, and relaxing whirlpool tub.
According to a 2015 story from Curbed, the home belonged to former Comverse Technology founder and CEO Jacob "Kobi" Alexander who fled the country to Namibia in 2006 when he was found to have committed various types of fraud. The home was initially purchased for $8,561,378 in 2001 and while it has been up for rent, has never been resold. It was last listed for $29 million in 2017 which was reduced from $39 million in June 2015. The newly-encumbered views of Central Park caused by Central Park Tower and 220 CPS is a likely cause for the dramatic reductions.See floor plan and full details here.
According to a 2015 story from Curbed, the home belonged to former Comverse Technology founder and CEO Jacob "Kobi" Alexander who fled the country to Namibia in 2006 when he was found to have committed various types of fraud. The home was initially purchased for $8,561,378 in 2001 and while it has been up for rent, has never been resold. It was last listed for $29 million in 2017 which was reduced from $39 million in June 2015. The newly-encumbered views of Central Park caused by Central Park Tower and 220 CPS is a likely cause for the dramatic reductions.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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