111 West 57th Street, home of the top two condo sales (Douglas Elliman)
Manhattan Sales:
- For the week ending November 25, 2022, $483,142,975 worth of transactions across 231 condo, condop, and cooperative deals were recorded
- 108 condo sales came to an aggregate price of $319,439,645
- Six condop sales came to an aggregate price of $11,776,250
- 117 co-op sales came to an aggregate price of $151,578,809
In this article:
Updated 11/30/2022 with information on 111 West 57th Street, #52's buyer.
As November 2022 draws to a close, 111 West 57th Street put on an especially impressive showing with two units fetching the highest prices of the past week. The development comprises the landmarked Steinway Hall with a super-skinny skyscraper, one of Manhattan's tallest; however, the top sales took place in the tower portion. Residence #52, a full-floor three-bedroom home, closed for $26,028,517. The New York Post identified the buyer as TikTok investor Tim Gong and pointed out that he also purchased a unit in Steinway Hall for $8.11 million. Residence #52 was trailed closely by the three-bedroom Residence #55, located a few floors up and closing for $23,500,000.
As November 2022 draws to a close, 111 West 57th Street put on an especially impressive showing with two units fetching the highest prices of the past week. The development comprises the landmarked Steinway Hall with a super-skinny skyscraper, one of Manhattan's tallest; however, the top sales took place in the tower portion. Residence #52, a full-floor three-bedroom home, closed for $26,028,517. The New York Post identified the buyer as TikTok investor Tim Gong and pointed out that he also purchased a unit in Steinway Hall for $8.11 million. Residence #52 was trailed closely by the three-bedroom Residence #55, located a few floors up and closing for $23,500,000.
The top condo sale outside 111 West 57th Street took place at The Leyton, a new luxury condo located where Midtown Avenue gives way to the Upper East Side. The full 28th floor, a three-bedroom condo, closed for $16,849,875. Public records list the buyer as Eric Adjmi, CEO of Adjmi Apparel Group. The sale comes months after Mr. Adjmi's Upper East Side townhouse returned to the market; it has been on and off since its initial listing for $14,750,000 in August 2017, and is now asking $11,250,000.
The week's top co-op sale and third-highest overall took place at the Rosario Candela-designed, uber-exclusive 834 Fifth Avenue, where author Suzy Welch sold the apartment she shared with her husband, former General Electric CEO Jack Welch, for $21,000,000. When she listed the apartment for $25,000,000 at the end of 2021, The Wall Street Journal noted that it came in the wake of her purchase of an Upper East Side townhouse.
111 West 57th Street (Douglas Elliman)
9 Available Listings for Sale from $7,750,000
111 West 57th Street, #55 (Douglas Elliman)
From the Listing:
This full-floor 4,183-square-foot Tower Residence with three bedrooms and three and a half bathrooms is designed for elegant living on a grand scale. Its richly detailed finishes are conceived throughout by Studio Sofield, and demonstrate an extraordinary commitment to traditional materiality, quality and craftsmanship. The formal central entrance gallery has white macauba stone floors and offers views to both north and south. Gracious double doors open into the spectacular Great Room, which boasts monumental ceiling heights of 14 feet and intricately patterned floors in custom smoke-gray solid oak. Floor-to-ceiling windows showcase dramatic views of Central Park that are unobstructed and perfectly centered. The expansive eat-in corner kitchen with south-western exposures features custom designed cabinetry finished in a light hand-rubbed finish and chateau gray oak.
This full-floor 4,183-square-foot Tower Residence with three bedrooms and three and a half bathrooms is designed for elegant living on a grand scale. Its richly detailed finishes are conceived throughout by Studio Sofield, and demonstrate an extraordinary commitment to traditional materiality, quality and craftsmanship. The formal central entrance gallery has white macauba stone floors and offers views to both north and south. Gracious double doors open into the spectacular Great Room, which boasts monumental ceiling heights of 14 feet and intricately patterned floors in custom smoke-gray solid oak. Floor-to-ceiling windows showcase dramatic views of Central Park that are unobstructed and perfectly centered. The expansive eat-in corner kitchen with south-western exposures features custom designed cabinetry finished in a light hand-rubbed finish and chateau gray oak.
9 Available Listings for Sale from $7,750,000
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834 Fifth Avenue (CityRealty)
834 Fifth Avenue, #7B (The Corcoran Group)
From the Listing:
This impressive triple-mint residence in one of Rosario Candela’s most prestigious prewar cooperatives enjoys spectacular views of Central Park and the City’s skyline with 90 feet of frontage on Fifth Avenue. The sun-flooded rooms with over 11-foot ceilings are perfectly suited to gracious living and grand-scale entertaining.
A private elevator vestibule leads to a grand, marquetry-patterned entrance gallery. The living room and adjacent library have almost 40 feet of frontage on Fifth. There is a wood-burning fireplace in the living room and a marble wet bar off the library. The massive, square formal dining room is perfect for large-scale events or more intimate dining.
A 6-foot-wide hallway leads to the bedroom wing that extends along Fifth Avenue. The luxurious Park-facing primary bedroom suite has two exquisite onyx bathrooms, generous closets and a large windowed dressing room. The secondary bedroom also faces Central Park and has a wood-burning fireplace, two large closets and an ensuite bath.
This impressive triple-mint residence in one of Rosario Candela’s most prestigious prewar cooperatives enjoys spectacular views of Central Park and the City’s skyline with 90 feet of frontage on Fifth Avenue. The sun-flooded rooms with over 11-foot ceilings are perfectly suited to gracious living and grand-scale entertaining.
A private elevator vestibule leads to a grand, marquetry-patterned entrance gallery. The living room and adjacent library have almost 40 feet of frontage on Fifth. There is a wood-burning fireplace in the living room and a marble wet bar off the library. The massive, square formal dining room is perfect for large-scale events or more intimate dining.
A 6-foot-wide hallway leads to the bedroom wing that extends along Fifth Avenue. The luxurious Park-facing primary bedroom suite has two exquisite onyx bathrooms, generous closets and a large windowed dressing room. The secondary bedroom also faces Central Park and has a wood-burning fireplace, two large closets and an ensuite bath.
The Leyton, #28FL (Brown Harris Stevens)
From the Listing:
Residence 28 boasts 3,348 square feet of elegant living and entertaining space with 18+ foot double height ceilings and phenomenal panoramic exposures and deep private terraces highlighting breathtaking views of the East River, Central Park and the iconic Midtown skyline. In an era of luxury, Elena Frampton’s interior creation gives way to the power of the unexpected. Tailored design is enriched with contrast and a layering of organic materials. A distinct spirit and style – together monumental, seductive and graciously proportioned with unparalleled, loft-like ceiling heights. Future-forward technology is woven throughout with high performance floor-to-ceiling windows, bespoke air systems and hydronic, radiant heated floors.
Residence 28 boasts 3,348 square feet of elegant living and entertaining space with 18+ foot double height ceilings and phenomenal panoramic exposures and deep private terraces highlighting breathtaking views of the East River, Central Park and the iconic Midtown skyline. In an era of luxury, Elena Frampton’s interior creation gives way to the power of the unexpected. Tailored design is enriched with contrast and a layering of organic materials. A distinct spirit and style – together monumental, seductive and graciously proportioned with unparalleled, loft-like ceiling heights. Future-forward technology is woven throughout with high performance floor-to-ceiling windows, bespoke air systems and hydronic, radiant heated floors.
5 Available Listings for Sale from $2,000,000
The Grand Millennium (CityRealty)
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