Top 10 Manhattan Contracts: Massive Fifth Avenue combination co-op leads with $29.5 million ask

By CityRealty Staff | From Great Listings Tuesday, October 24, 2023

1016 Fifth Avenue, #2ABC (Brown Harris Stevens)

From October 16-23, 2023, Manhattan's highest-priced contract was for Residence #2ABC, a massive, 14-room combination unit at prewar cooperative 1016 Fifth Avenue asking $29,500,000. The expansive proportions and protected view of the Metropolitan Museum of Art's greenery and fountains harken back to the old days, but it has been updated with state-of-the-art kitchen appliances, renovated white marble primary baths, and a 1,000-bottle wine room with temperature and humidity control. Neither the buyer nor seller was identified, but Olshan Realty's market report notes that the sellers paid $8.9 million for #2AB in 2009 and $2.85 million for #2C the next year.

Not only was the Fifth Avenue apartment the top contract of the past week, but it was one of the highest-priced co-op contracts of 2023. It comes second only to Rupert Murdoch's purchase at The Hampshire House, which entered contract with a $30 million ask in February 2023 and closed for $35,200,000 a short time later.

Residence #2ABC measures approximately 8,000 square feet and is located in a highly selective Fifth Avenue cooperative. However, some luxury buyers require even more space and privacy: It was trailed by 24 West 10th Street, a six-story brownstone asking $22,500,000. This represents a nearly 20% reduction from when it was originally listed for $29.5 million in April 2021, but the sellers, former senior portfolio manager Jay Newman and his wife, radiologist Elissa Kramer, nevertheless stand to make quite a profit, having bought it for $3 million in 1999 (h/t The Wall Street Journal). Amidst their conversion of the multifamily building back to a single-family home, renovations included restoring the facade, refurbishing original design details, and updating the infrastructure.

#10. Trump Parc, #3A
Last Ask: $6,850,000 (-8.7%)

Midtown West | Condominium | 3 Bedrooms, 3.5 Baths | 3,104 ft²

Trump Parc, #3A (Sothebys International Realty)

From the Listing: Move right in to the this design that was architecturally inspired by renowned Spanish architect, Antoni Gaudi. The previous owner spent two years transforming the space into not only a stunning art lovers' showplace, but a sophisticated, stylized, and very sexy home. One enters into an elegant Ming Jade rotunda with scalloped ceiling and white Thasos marble floor. The massive 1,100-square-foot great room boasts 16' ceilings, 8" rift cut white oak floors, and an ornate cathedral ceiling, with enormous floor-to-ceiling picture windows overlooking Central Park. The 2 split bedrooms with en suite bathrooms are separated from the living space with ingenious center hung paneled doors. See floor plan and full details here.

Trump Parc has 5 public availabilities priced from $670K - $24M.

#9. 111 Murray Street, #24W
Last Ask: $8,250,000

Tribeca | Condominium | 4 Bedrooms, 4.5 Baths | 2,697 ft²

111 Murray Street, #24W (Douglas Elliman Real Estate)

From the Listing: Expansive Hudson River and city views unfold in every direction from this meticulously tailored 2,685-square-foot residence nestled within the renowned enclave of 111 Murray Street. Welcomed through a private elevator vestibule, the entry boasts oversized double doors that lead to an impeccably designed interior. The foyer flows into a breathtaking great room graced by lofty 10'7" ceilings and an expansive open kitchen. Crafted by the acclaimed AD100 designer, David Mann, the Molteni kitchen is curated to the utmost level of quality. A luxurious primary suite with sweeping views anchors the southern end of the home. See floor plan and full details here.

111 Murray Street has 8 public availabilities priced from $2.355M - $40M.

#8. 565 Broome SoHo, #N24A
Last Ask: $8,500,000

SoHo | Condominium | 3 Bedrooms, 3.5 Baths | 2,512 ft²

565 Broome SoHo, #N24A (Sothebys International Realty)

From the Listing: Upon entering this 3-bed/3.5-bath through its direct elevator access, you are greeted by a grand entry foyer, which guides you into the living room with views of the water, Hudson Square and Soho. The open concept great room features an eat-in kitchen with fully integrated Miele appliances, with a 6-burner gas stove, a retractable vented hood, double-oven, warming drawer, full-size refrigerator/freezer, dishwasher, and a wine cooler. The south side of the apartment features your half bath, vented washer-dryer, and the lush primary suite. Dedicated parking spot included. See floor plan and full details here.

565 Broome Soho has 6 public availabilities priced from $5.6M - $20.95M.

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#7. 221 West 77th Street, #17
Last Ask: $8,995,000

Broadway Corridor | Condominium | 4 Bedrooms, 4 Baths | 2,948 ft²

221 West 77th Street, #17 (Douglas Elliman Real Estate)

From the Listing: Residence 17 encompasses the entire floor with multiple exposures through a wall of windows offering sunlight throughout the day. The fourth bedroom is currently being used as a media room, and can easily be redecorated as another large bedroom. The gourmet chef's kitchen features Miele appliances including a steam oven, speed oven, warming drawer, separate refrigerator and freezer, wine refrigerator, two dishwashers, and stove with vented hood. Your private terrace has views of both Central Park and the Hudson River, perfect for relaxing and entertaining watching the sun rise and set. A private storage bin is included in the sale. See floor plan and full details here.

221 West 77th Street has one public availability asking $5.495M.

#6. 277 Fifth Avenue, #48B
Last Ask: $9,995,000

Flatiron/Union Square | Condominium | 3 Bedrooms, 3 Baths | 2,333 ft²

277 Fifth Avenue, #48B (Douglas Elliman Real Estate)

From the Listing: An entertainer's dream, 48B's ceilings soar up to 20 feet in the living room and loggia terrace. Massive floor-to-ceiling windows bathe the 2,333-square-foot home in light across 5 1/2" wide American White Oak flooring. Suitable for any level chef, the custom kitchen features a full suite of stainless-steel finished Miele appliances including a retractable ventilation hood and wine cooler, and complemented by Calacatta Saccheli polished marble slabs throughout. Occupying the southeast corner of the home, the primary suite boasts an enormous walk-in-closet with additional closet space, and a spa-like, windowed primary bath. See floor plan and full details here.

277 Fifth Avenue has 3 public availabilities priced from $2.01M - $4.995M.

#5. 50 Madison Avenue, #PH
Last Ask: $10,500,000

Flatiron/Union Square | Condominium | 4 Bedrooms, 3.5 Baths | 3,564 ft²

50 Madison Avenue, #PH (Compass)

From the Listing: Create park-side penthouse perfection in this spectacular four-bedroom, three-and-a-half-bathroom duplex awaiting your personal touch directly on Madison Square Park. Here, you'll enjoy a townhouse-in-the-sky lifestyle with key-locked elevator access, sprawling interiors and approximately 1,500 square feet of private outdoor space in an exclusive full-service condominium. Inside the 3,564-square-foot duplex, you'll find a showplace-in-the-making filled with herringbone hardwood floors, walls of windows, and furnishings owned by the late Gianni Versace himself (yes, they're available with the home). See floor plan and full details here.

50 Madison Avenue has no public availabilities.

#4. Residences at the Ritz Carlton, #24B
Last Ask: $14,980,000 (-19%)

Midtown West | Condominium | 3 Bedrooms, 3.5 Baths | 3,895 ft²

Residences at the Ritz Carlton, #24B (Douglas Elliman Real Estate)

From the Listing: Located in the coveted Ritz Carlton Residences and overlooking iconic Central Park, Residence 24B at 50 Central Park South is an exquisite three-bedroom, three-and-a-half bath home. Upon entering, the residence has its own private hallway leading to a grand foyer entry. The foyer gives way to a meticulously designed living room with a beautiful decorative fireplace and sweeping views of Central Park. The impressive living area is bathed in an abundance of natural light and offers an unmatched sense of tranquility and serenity amidst the bustling cityscape. The lavish primary bedroom includes a large walk-in closet, dressing area, seating area and two primary bathrooms featuring a steam shower and radiant heated floors. See floor plan and full details here.

Residences at the Ritz Carlton has one public availability asking $65M.

#3. 159 East 61st Street, #TH
Last Ask: $15,995,000 (-3.1%)

Lenox Hill | Townhouse | 6+ Bedrooms, 6+ Baths | 7,500 ft²

159 East 61st Street, #House (Serhant LLC)

From the Listing: Measuring at 21 feet wide, by 57 feet long and over 7,500 square feet - this awe-inspiring home is complete with 6 bedrooms and 6 full bathrooms across 3 floors, with 2 additional powder rooms to accompany the parlor and kitchen/garden levels. A grand impressive staircase serves as a central hub, ascending the nucleus of the entire home, parallel with an oversized elevator accommodating 3+ passengers. The entire home was meticulously renovated to support modern living without compromising the integrity of the home's traditional elegance, unique character, and original details. The generously proportioned garden, measuring over 40' x 21' is a modern oasis with surrounding planters, built in surround sound, natural gas fireplace and natural gas grill. See floor plan and full details here.

#2. 24 West 10th Street, #TH
Last Ask: $22,500,000 (-19.6%)

Greenwich Village | Townhouse | 6+ Bedrooms, 6+ Baths | 9,000 ft²

24 West 10th Street, #TH (Serhant LLC)

From the Listing: 24 West 10th Street is a one-of-a-kind, superbly renovated residence, with soaring ceilings reaching nearly 13.5 feet, grand living and entertaining spaces, a sunny south-facing garden, front garden, and tranquil rooftop terrace with skyline views. This sprawling, nearly 22' wide, approximately 9,000-square-foot home features a stunning brownstone façade punctuated by arched windows and an intricate cornice. The interior has 7 bedrooms, 6 full bathrooms, 3 powder rooms, and a stunning blend of restored original details and state-of-the-art upgrades. See floor plan and full details here.

#1. 1016 Fifth Avenue, #2ABC
Last Ask: $29,500,000

Carnegie Hill | Cooperative | 6+ Bedrooms, 6+ Baths | 8,000 ft²

1016 Fifth Avenue, #2ABC (Brown Harris Stevens Residential Sales LLC)

From the Listing: This triple-mint Fifth Avenue apartment recently underwent a two-year renovation, resulting in a pristine and stunning 14-room home. A private elevator landing opens into an elegant gallery which leads to a spectacular 70-foot expanse of entertainment rooms facing onto 5th Avenue and overlooking the Metropolitan Museum of Art's tree-lined landscaped plaza and fountains. The vast center living room is 32 x 26, and the adjacent dining room can easily accommodate 24 guests. Adjacent to the dining room is a 1,000-bottle wine room, which is temperature controlled and humidified. At the center of the floor plan is the amazing and enormous eat-in kitchen, with outstanding storage space, long-plank hardwood flooring and top-of-the-line stainless steel appliances. See floor plan and full details here.

1016 Fifth Avenue has 3 public availabilities priced from $2.295M - $12.5M.

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#10. Trump Parc, #3A
Last Ask: $6,850,000 (-8.7%)

Trump Parc has 5 public availabilities priced from $670K - $24M.

#9. 111 Murray Street, #24W
Last Ask: $8,250,000

111 Murray Street has 8 public availabilities priced from $2.355M - $40M.

#8. 565 Broome SoHo, #N24A
Last Ask: $8,500,000

565 Broome Soho has 6 public availabilities priced from $5.6M - $20.95M.

Select which properties are of interest to you:

#7. 221 West 77th Street, #17
Last Ask: $8,995,000

221 West 77th Street has one public availability asking $5.495M.

#6. 277 Fifth Avenue, #48B
Last Ask: $9,995,000

277 Fifth Avenue has 3 public availabilities priced from $2.01M - $4.995M.

#5. 50 Madison Avenue, #PH
Last Ask: $10,500,000

50 Madison Avenue has no public availabilities.

#4. Residences at the Ritz Carlton, #24B
Last Ask: $14,980,000 (-19%)

Residences at the Ritz Carlton has one public availability asking $65M.

#3. 159 East 61st Street, #TH
Last Ask: $15,995,000 (-3.1%)

#2. 24 West 10th Street, #TH
Last Ask: $22,500,000 (-19.6%)

#1. 1016 Fifth Avenue, #2ABC
Last Ask: $29,500,000

1016 Fifth Avenue has 3 public availabilities priced from $2.295M - $12.5M.

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