520 West 28th Street (Corcoran Group)
Over the past week, 95 market-rate condo, co-op, condop, and townhouse sales were recorded in Manhattan and came to a total of $215,735,676. The 50 recorded condo sales aggregated $164,527,298 with a median price price of $1.76M, or $1,436 per square foot. The 44 recorded co-op sales amounted to $50,413,878, or a median price of $670,000.
The top sale recorded in the past week was a record-breaking Soho penthouse that closed for $35.14 million. This beats the neighborhood sales record previously held by Jon Bon Jovi, and Academy Award-winning actor Heath Ledger was one of the building's past residents.
Capacious mid-rise spreads in art-centric districts would prove popular this past week. A penthouse at the Zaha Hadid-designed 520 West 28th Street sold for $20.2 million - 60% off its original listing price of $50 million, but nevertheless the period's second-highest sale. The New York Post identified the buyer as Wes Edens, investor and co-owner of the Milwaukee Bucks.
The top sale recorded in the past week was a record-breaking Soho penthouse that closed for $35.14 million. This beats the neighborhood sales record previously held by Jon Bon Jovi, and Academy Award-winning actor Heath Ledger was one of the building's past residents.
Capacious mid-rise spreads in art-centric districts would prove popular this past week. A penthouse at the Zaha Hadid-designed 520 West 28th Street sold for $20.2 million - 60% off its original listing price of $50 million, but nevertheless the period's second-highest sale. The New York Post identified the buyer as Wes Edens, investor and co-owner of the Milwaukee Bucks.
The Parkville via Sotheby's International Realty
In this article:
From September 28-October 4, 11 contracts for Manhattan condos and co-ops listed at $4 million and above were signed last week with a total asking price sales volume of $76,293,000. The number of contracts signed is half of last week's total, but consistent with the weekly average; Olshan Realty's weekly market report notes that the luxury market has averaged 11 signed contracts per week since New York City reopened. This is compared to only four luxury contracts per week when New York was on lockdown.
The week's top contract was for a full-floor Park Avenue apartment listed for $9.95 million. Information is not available on the seller, who paid $11,709,875 for it in 2007, but buyer's broker Emily Beare of Core describes the new owners as "uptown people" who were drawn to its Park Avenue address and expansive square footage.
While the Upper East Side was once considered the center of New York society, downtown neighborhoods are emerging as the new favorite for today's elite. Four out of the top five contracts took place below 14th Street with the second-highest contract, located at 601 Washington Street, asking $8.65 million. With that contract, only two penthouses listed for over $31 million remain on the market at the new condominium on the cusp of the West Village and Hudson Square.
The week's top contract was for a full-floor Park Avenue apartment listed for $9.95 million. Information is not available on the seller, who paid $11,709,875 for it in 2007, but buyer's broker Emily Beare of Core describes the new owners as "uptown people" who were drawn to its Park Avenue address and expansive square footage.
While the Upper East Side was once considered the center of New York society, downtown neighborhoods are emerging as the new favorite for today's elite. Four out of the top five contracts took place below 14th Street with the second-highest contract, located at 601 Washington Street, asking $8.65 million. With that contract, only two penthouses listed for over $31 million remain on the market at the new condominium on the cusp of the West Village and Hudson Square.
Top Sales
1. The Tulip Building, 419 Broome Street, #6 – $35,140,000 ($3,865 / ft2)
Soho | Condo | 5 beds, 5.5 baths | 9,092 ft2
Soho | Condo | 5 beds, 5.5 baths | 9,092 ft2
All images of The Tulip Building via Douglas Elliman
2. 520 West 28th Street, #PH37 – $20,207,500 ($2,949 / ft2)
Chelsea | Condo | 5 beds, 6.5 baths | 6,853 ft2
Chelsea | Condo | 5 beds, 6.5 baths | 6,853 ft2
All images of 520 West 28th Street via The Corcoran Group
From the listing:
This spectacular penthouse has the truly rare combination of architectural integrity, incredible indoor/outdoor entertaining options, and a special location all in a first class boutique private building with pool, spa, IMAX and robotic parking. Designed inside and out by Dame Zaha Hadid, this three-level penthouse is united by a three-level sculptural stair alongside a private internal elevator. The roof level includes a 2,000-square foot terrace wrapping around an interior lounge and pavilion, with views of the Chelsea skyline, The High Line and the Empire State Building, making it the perfect venue for cocktails for 100 or a relaxing Sunday at home. There is also potential to create a pool or hot tub on this level. The middle level hosts a 1250-square-foot Great Room with walls of glass, views in three directions, private balcony and fireplace, in addition to a library/office and media room, windowed eat-in kitchen by Boffi with Gaggenau appliances, and an en suite bedroom.
This spectacular penthouse has the truly rare combination of architectural integrity, incredible indoor/outdoor entertaining options, and a special location all in a first class boutique private building with pool, spa, IMAX and robotic parking. Designed inside and out by Dame Zaha Hadid, this three-level penthouse is united by a three-level sculptural stair alongside a private internal elevator. The roof level includes a 2,000-square foot terrace wrapping around an interior lounge and pavilion, with views of the Chelsea skyline, The High Line and the Empire State Building, making it the perfect venue for cocktails for 100 or a relaxing Sunday at home. There is also potential to create a pool or hot tub on this level. The middle level hosts a 1250-square-foot Great Room with walls of glass, views in three directions, private balcony and fireplace, in addition to a library/office and media room, windowed eat-in kitchen by Boffi with Gaggenau appliances, and an en suite bedroom.
6 Available Listings from $4.2M
925 Park Avenue via Sotheby's International Realty
1 Available Listing for $3.5M
4. One West End, 1 West End Avenue, #41B – $7,460,266 ($2,650 / ft2)
Riverside Drive/West End Avenue | Condo | 4 beds, 4.5 baths | 2,815 ft2
Riverside Drive/West End Avenue | Condo | 4 beds, 4.5 baths | 2,815 ft2
All images of One West End via Douglas Elliman
From the listing:
This spectacular 2,815 square-foot corner four bedroom, four-and-a-half bath Tower Residence designed by Jeffrey Beers is wrapped in floor-to-ceiling windows showcasing sunny river and city views to the south and east. A rich walnut residential entrance door complemented by a brushed bronze newspaper box and Nanz hardware invites one into a welcoming foyer and the exceptionally finished space featuring 11' 3" ceilings and seven-and-a-half-inch wide walnut plank flooring throughout.
The Italian-crafted Scavolini kitchen – custom-designed by Jeffrey Beers – is open to the corner great room and outfitted with dark-stained walnut cabinetry accented by champagne matte glass panels. Marble slab countertops and backsplash, polished chrome fixtures by Dornbracht and a full suite of integrated professional appliances by Wolf, Miele and Sub-Zero, as well as a Gaggenau wine refrigerator, beautifully finish the space.
This spectacular 2,815 square-foot corner four bedroom, four-and-a-half bath Tower Residence designed by Jeffrey Beers is wrapped in floor-to-ceiling windows showcasing sunny river and city views to the south and east. A rich walnut residential entrance door complemented by a brushed bronze newspaper box and Nanz hardware invites one into a welcoming foyer and the exceptionally finished space featuring 11' 3" ceilings and seven-and-a-half-inch wide walnut plank flooring throughout.
The Italian-crafted Scavolini kitchen – custom-designed by Jeffrey Beers – is open to the corner great room and outfitted with dark-stained walnut cabinetry accented by champagne matte glass panels. Marble slab countertops and backsplash, polished chrome fixtures by Dornbracht and a full suite of integrated professional appliances by Wolf, Miele and Sub-Zero, as well as a Gaggenau wine refrigerator, beautifully finish the space.
11 Available Listings from $1.65M
5. 56 Leonard Street, #31B-WEST – $6,150,000 ($2,825 / ft2)
Tribeca | Condo | 3 beds, 3.5 baths | 2,177 ft2
Tribeca | Condo | 3 beds, 3.5 baths | 2,177 ft2
56 Leonard Street via Sotheby's International Realty
Interiors via Nest Seekers
From the listing:
Residence 31B-West is a grand three-bedroom, three and a half bath condominium with open northern & western exposures spanning 2,177 square feet. With ceiling heights reaching 11 feet and floor to ceiling windows, you will be treated to absolutely magnificent views! This home features not one, but two balconies to enjoy!
The stunning kitchen features a sculptural Absolute Black granite island and Corian countertops. Appliances include a Sub-Zero refrigerator, Miele oven, cook top with fully vented hood, Miele dishwasher, and Sub-Zero wine cooler which are seamlessly integrated. Beautiful satin-etched glass cabinets provide generous storage.
Residence 31B-West is a grand three-bedroom, three and a half bath condominium with open northern & western exposures spanning 2,177 square feet. With ceiling heights reaching 11 feet and floor to ceiling windows, you will be treated to absolutely magnificent views! This home features not one, but two balconies to enjoy!
The stunning kitchen features a sculptural Absolute Black granite island and Corian countertops. Appliances include a Sub-Zero refrigerator, Miele oven, cook top with fully vented hood, Miele dishwasher, and Sub-Zero wine cooler which are seamlessly integrated. Beautiful satin-etched glass cabinets provide generous storage.
15 Available Listings from $2.275M
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Top Contracts
Upper East Side | Condo | 5 beds, 4.5 baths | 4,184 ft2
All images of The Parkville via Sotheby's International Group
From the listing:
From the moment you enter the private elevator vestibule and step into the grand living room, this apartment exudes an air of tranquility and comfortable elegance with beautiful natural light from oversized windows. Adjacent to the living room and separated by dramatic pocket doors is the corner mahogany-paneled corner library. The side-by-side rooms are flanked by gas fireplaces with gorgeous marble-carved mantels as their centerpieces.
The spacious eat-in chef's kitchen is flooded with southern sunlight through three oversized window and features a stylish combination of custom wood and glass cabinetry and stone countertops, enviable pantry storage, banquette seating, center island with sink and breakfast bar, and Viking professional appliances including a large refrigerator and freezer, 6-burner vented stove with double ovens, two dishwashers, and wine refrigerator. The service elevator opens directly into the kitchen, assuring safe, easy and efficient home deliveries. Off the kitchen is a large media room or formal dining room with artfully built bookcases, flowing graciously into the living room.
From the moment you enter the private elevator vestibule and step into the grand living room, this apartment exudes an air of tranquility and comfortable elegance with beautiful natural light from oversized windows. Adjacent to the living room and separated by dramatic pocket doors is the corner mahogany-paneled corner library. The side-by-side rooms are flanked by gas fireplaces with gorgeous marble-carved mantels as their centerpieces.
The spacious eat-in chef's kitchen is flooded with southern sunlight through three oversized window and features a stylish combination of custom wood and glass cabinetry and stone countertops, enviable pantry storage, banquette seating, center island with sink and breakfast bar, and Viking professional appliances including a large refrigerator and freezer, 6-burner vented stove with double ovens, two dishwashers, and wine refrigerator. The service elevator opens directly into the kitchen, assuring safe, easy and efficient home deliveries. Off the kitchen is a large media room or formal dining room with artfully built bookcases, flowing graciously into the living room.
West Village | Condo | 3 beds, 3.5 baths | 2,892 ft2
All images of 601 Washington Street via Douglas Elliman
From the listing:
Residence 4W's exceptional features include a complete lighting package designed by David Clinard Design Studio, Lutron lighting and shade control system, 7 inch wide-plank white oak flooring and fully ventilated Double LG washer and dryers. Floors, walls, and windows have been acoustically engineered to create a haven for peace and quiet.As you enter, you are welcomed into a formal entry gallery with beautifully appointed herringbone white oak floors. Masterfully designed, the open corner great room seamlessly flows past the custom SieMatic chef's kitchen featuring the PURE Collection of gold-bronze metallic and glass cabinetry chosen to compliment the unique architectural aesthetic of the development.
Residence 4W's exceptional features include a complete lighting package designed by David Clinard Design Studio, Lutron lighting and shade control system, 7 inch wide-plank white oak flooring and fully ventilated Double LG washer and dryers. Floors, walls, and windows have been acoustically engineered to create a haven for peace and quiet.As you enter, you are welcomed into a formal entry gallery with beautifully appointed herringbone white oak floors. Masterfully designed, the open corner great room seamlessly flows past the custom SieMatic chef's kitchen featuring the PURE Collection of gold-bronze metallic and glass cabinetry chosen to compliment the unique architectural aesthetic of the development.
1 Available Listing for $32.3M
Tribeca | Condo | 4 beds, 3.5 baths | 3,910 ft2
All images of The Cobblestone Lofts via Compass
From the listing:
This cinematic penthouse, decorated by AD100 designer Thomas Jayne, is a very special aerie. The 3,900 square-foot interior combined with the approximately 3,000 square-foot exterior terrace, creates a perfect combination of spaces for elegant and fun entertaining and luxuriously comfortable day to day life. With the added possibility of purchasing a parking spot in the building this property has it all. PHB is a wonderful, refined, loft-like apartment inside with a lushly landscaped wrap terrace, accessible from every room.
The great room has soaring 10 foot plus ceilings, a beautiful gas fireplace and a big skylight. Originally a 4 bedroom apartment, PHB has been reconfigured with a fantastic master suite with 2 master baths, extensive closets, a dressing room and a paneled sitting room/study. There is also a private at home gym and a guest room with a large bath.
This cinematic penthouse, decorated by AD100 designer Thomas Jayne, is a very special aerie. The 3,900 square-foot interior combined with the approximately 3,000 square-foot exterior terrace, creates a perfect combination of spaces for elegant and fun entertaining and luxuriously comfortable day to day life. With the added possibility of purchasing a parking spot in the building this property has it all. PHB is a wonderful, refined, loft-like apartment inside with a lushly landscaped wrap terrace, accessible from every room.
The great room has soaring 10 foot plus ceilings, a beautiful gas fireplace and a big skylight. Originally a 4 bedroom apartment, PHB has been reconfigured with a fantastic master suite with 2 master baths, extensive closets, a dressing room and a paneled sitting room/study. There is also a private at home gym and a guest room with a large bath.
1 Available Listing for $4M
Greenwich Village | Condo | 3 beds, 3.5 baths | 2,398 ft2
All images of The Greenwich Lane via Compass
From the listing:
Enjoy new-construction splendor in the heart of the historic West Village in this immaculate three-bedroom, three-and-half-bedroom home with private outdoor space at the revered Greenwich Lane condominium. This elegant 2,398-square-foot showplace embraces luxury finishes and bespoke craftsmanship at every turn. Rich oak floors, handsome millwork, designer lighting and premium stone run throughout, and floor-to-ceiling windows capture marvelous light and views. Arrive in the gracious foyer featuring a wide coat closet. Ahead, the spectacular great room boasts a wall of windows that open to a gorgeous 153-square-foot balcony with lovely western garden and city skyline views. Enjoy generous seating and dining areas, while the adjacent open kitchen tempts your culinary prowess with custom cabinetry, marble countertops, Waterworks polished nickel fixtures and top-notch appliances by Sub-Zero, Wolf and Miele.
Bask in more garden views in the expansive master suite where a walk-in closet and three reach-in closets attend to wardrobe needs. The spa-inspired bathroom features a walk-in shower, soaking tub and double vanity surrounded by swaths of marble and radiant heat floors. Two more spacious bedrooms feature west-facing views and private baths. A powder room, LG in-unit-washer-dryer and zoned HVAC system add effortless comfort and convenience to this beautiful Greenwich Village home.
Enjoy new-construction splendor in the heart of the historic West Village in this immaculate three-bedroom, three-and-half-bedroom home with private outdoor space at the revered Greenwich Lane condominium. This elegant 2,398-square-foot showplace embraces luxury finishes and bespoke craftsmanship at every turn. Rich oak floors, handsome millwork, designer lighting and premium stone run throughout, and floor-to-ceiling windows capture marvelous light and views. Arrive in the gracious foyer featuring a wide coat closet. Ahead, the spectacular great room boasts a wall of windows that open to a gorgeous 153-square-foot balcony with lovely western garden and city skyline views. Enjoy generous seating and dining areas, while the adjacent open kitchen tempts your culinary prowess with custom cabinetry, marble countertops, Waterworks polished nickel fixtures and top-notch appliances by Sub-Zero, Wolf and Miele.
Bask in more garden views in the expansive master suite where a walk-in closet and three reach-in closets attend to wardrobe needs. The spa-inspired bathroom features a walk-in shower, soaking tub and double vanity surrounded by swaths of marble and radiant heat floors. Two more spacious bedrooms feature west-facing views and private baths. A powder room, LG in-unit-washer-dryer and zoned HVAC system add effortless comfort and convenience to this beautiful Greenwich Village home.
1 Available Listing for $9.25M
Tribeca | Condo | 3 beds, 4.5 baths | 2,816 ft2
All images of 111 Murray Street via Douglas Elliman
From the listing:
With panoramic views spanning across the Empire State Building, Hudson River, East River and New York Harbor, this exceptional 2,821 square foot, 3-bedroom, 4.5-bathroom residence with ceilings up to approximately 10'6 comprises an entire half floor. From a private elevator vestibule, a grand set of double doors reveals a formal entry foyer that leads to a breathtaking corner living and dining room.
Floor-to-ceiling glass wraps this sprawling 23' x 22'9 space for exceptional natural light and spectacular north and east-facing vistas. The adjacent eat-in kitchen with an entire wall of floor-to-ceiling windows, center island breakfast bar, and dual points of entry, allows for seamless entertaining and intimate daily living alike. Meticulously designed by AD100 designer David Mann, the custom Molteni kitchen offers cerused White Oak cabinetry trimmed in custom soft black metal, a Calacatta Borghini marble island with book-matched waterfall, countertop, and backsplash, Dornbracht fixtures in a custom soft black matte finish, two pantries, and top-of-the-line appliances by Wolf, Miele, and Sub-Zero.
With panoramic views spanning across the Empire State Building, Hudson River, East River and New York Harbor, this exceptional 2,821 square foot, 3-bedroom, 4.5-bathroom residence with ceilings up to approximately 10'6 comprises an entire half floor. From a private elevator vestibule, a grand set of double doors reveals a formal entry foyer that leads to a breathtaking corner living and dining room.
Floor-to-ceiling glass wraps this sprawling 23' x 22'9 space for exceptional natural light and spectacular north and east-facing vistas. The adjacent eat-in kitchen with an entire wall of floor-to-ceiling windows, center island breakfast bar, and dual points of entry, allows for seamless entertaining and intimate daily living alike. Meticulously designed by AD100 designer David Mann, the custom Molteni kitchen offers cerused White Oak cabinetry trimmed in custom soft black metal, a Calacatta Borghini marble island with book-matched waterfall, countertop, and backsplash, Dornbracht fixtures in a custom soft black matte finish, two pantries, and top-of-the-line appliances by Wolf, Miele, and Sub-Zero.
12 Available Listings from $2.1M
Would you like to tour any of these properties?
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Or call us at (212) 755-5544
Would you like to tour any of these properties?
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