The Tower at Gramercy Square via Douglas Elliman
The week of February 7-13, 2021 saw 159 Manhattan closings recorded with a median price of $1.148 million. The 61 condo closings came to a median price of $1.55 million, or $1,404 per square foot. The 94 co-op sales came to a median of $885K.
A townhouse unit with a private courtyard at 601 Washington Street, a new full-service condominium in Hudson Square, was the week's top sale with a closing price of $18,250,000, followed by a full-floor unit at 124 West 16th Street, another new condominium, that closed for $11,390,000.
These impressive sales in new developments are not to suggest New York's prestigious prewar buildings have not been consigned to the past. Quite the contrary - listings at The Norma and The San Remo also gave impressive numbers, the former of which was purchased by William Zeckendorf. The Belnord, a New York City Landmark turned luxury condominium, offers the best of both worlds; a $7,000,000 apartment rounds out the top five sales. A full, sortable list of the past week's sales may be found below.
A townhouse unit with a private courtyard at 601 Washington Street, a new full-service condominium in Hudson Square, was the week's top sale with a closing price of $18,250,000, followed by a full-floor unit at 124 West 16th Street, another new condominium, that closed for $11,390,000.
These impressive sales in new developments are not to suggest New York's prestigious prewar buildings have not been consigned to the past. Quite the contrary - listings at The Norma and The San Remo also gave impressive numbers, the former of which was purchased by William Zeckendorf. The Belnord, a New York City Landmark turned luxury condominium, offers the best of both worlds; a $7,000,000 apartment rounds out the top five sales. A full, sortable list of the past week's sales may be found below.
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From February 8-14, a whopping total of 38 luxury Manhattan contracts were signed at $4 million and up. Olshan Realty's market report observes that this is the largest number of contracts signed since the first week of August 2016, and the asking price sales volume of $351,544,999 is the highest since the second full week of December 2017.
Downtown condos had an impressive showing with the tower penthouse at The Gramercy Square Condominium, a five-bedroom unit with a dramatic terrace surrounding it, leading the charge. Developer's broker Matthew MacKay of Douglas Elliman says the local buyers first saw the apartment via FaceTime last March, and that the process was prolonged by negotiations involving the buyers' desire to install a pool. The $29.5 million asking price was reduced from the original price of $33 million.
The second-highest contract was a duplex in Walker Tower asking $27.8 million. The apartment is owned by Michael Stern, one of the developers of the acclaimed condo conversion, and the buyer is said to be local.
Downtown condos had an impressive showing with the tower penthouse at The Gramercy Square Condominium, a five-bedroom unit with a dramatic terrace surrounding it, leading the charge. Developer's broker Matthew MacKay of Douglas Elliman says the local buyers first saw the apartment via FaceTime last March, and that the process was prolonged by negotiations involving the buyers' desire to install a pool. The $29.5 million asking price was reduced from the original price of $33 million.
The second-highest contract was a duplex in Walker Tower asking $27.8 million. The apartment is owned by Michael Stern, one of the developers of the acclaimed condo conversion, and the buyer is said to be local.
Top Sales
1. 601 Washington Street, #TH-W – $18,250,000 ($2,288 / ft2)
West Village | Condo | 4 beds, 7 baths | 7,977 ft2
West Village | Condo | 4 beds, 7 baths | 7,977 ft2
All images of 601 Washington Street via Douglas Elliman
From the listing:
Townhouse West at 601 Washington is a private home within a full-service condominium, masterfully designed with magnificent proportions to take advantage of the 7,977 interior square feet spread across three levels with a beautifully landscaped private 1,018-square-foot courtyard.
Townhouse West's exceptional features include ceiling heights ranging from 10'6 to 17', four bedrooms all with en-suite bathrooms; a private garden-entry; private interior elevator; private gym with infrared sauna; wine cellar; large screening room; complete lighting package designed by David Clinard Design Studio; Lutron HOMEWORKS lighting and shade control system; solid 7 inch wide-plank white oak flooring; two powder rooms and two fully ventilated Double LG washers and dryers. Floors, walls, and windows have been acoustically engineered to create a quiet haven for wellness.
Townhouse West at 601 Washington is a private home within a full-service condominium, masterfully designed with magnificent proportions to take advantage of the 7,977 interior square feet spread across three levels with a beautifully landscaped private 1,018-square-foot courtyard.
Townhouse West's exceptional features include ceiling heights ranging from 10'6 to 17', four bedrooms all with en-suite bathrooms; a private garden-entry; private interior elevator; private gym with infrared sauna; wine cellar; large screening room; complete lighting package designed by David Clinard Design Studio; Lutron HOMEWORKS lighting and shade control system; solid 7 inch wide-plank white oak flooring; two powder rooms and two fully ventilated Double LG washers and dryers. Floors, walls, and windows have been acoustically engineered to create a quiet haven for wellness.
2. 124 West 16th Street, #9 – $11,390,000 ($2,595 / ft2)
Chelsea | Condo | 6 beds, 5 baths | 4,389 ft2
Chelsea | Condo | 6 beds, 5 baths | 4,389 ft2
124 West 16th Street via CityRealty
Interiors via The Corcoran Group
From the listing:
Spanning 4,389 square feet of interior space and 795 square feet of outdoor space, Residence 9 is a 6-bedroom, 5-bathroom loft-like home, offering timeless sophistication and modern luxury. Our only full floor home.
This exceptional residence is centered around a voluminous, sun-filled, great room with southern and western exposures. An open massive living/ dining space is accented by a full wet bar with a second refrigerator, dishwasher and custom cabinetry. The dining area includes a customized built-in buffet and can easily fit a table for 10. Graced by 9'6" ceilings, an Ortal gas fireplace, 7" American white oak floors, recessed lighting and in ceiling speakers for sound, your upgrades are already in place. The oversized south facing balcony off of this room comes equipped with water, electric, and lighting, and is accessed through sliding doors, highlighting indoor/outdoor living.
Spanning 4,389 square feet of interior space and 795 square feet of outdoor space, Residence 9 is a 6-bedroom, 5-bathroom loft-like home, offering timeless sophistication and modern luxury. Our only full floor home.
This exceptional residence is centered around a voluminous, sun-filled, great room with southern and western exposures. An open massive living/ dining space is accented by a full wet bar with a second refrigerator, dishwasher and custom cabinetry. The dining area includes a customized built-in buffet and can easily fit a table for 10. Graced by 9'6" ceilings, an Ortal gas fireplace, 7" American white oak floors, recessed lighting and in ceiling speakers for sound, your upgrades are already in place. The oversized south facing balcony off of this room comes equipped with water, electric, and lighting, and is accessed through sliding doors, highlighting indoor/outdoor living.
All images of The Norma via Douglas Elliman
From the listing:
Residence 3E is a spectacular 12-room full floor residence meticulously renovated and designed by renowned Andrew Sheinman of Pembrooke & Ives. Entering through a private elevator vestibule, you will walk into a 14'x18' gracious gallery foyer detailed with a custom fabricated bronze and glass entry door, custom moldings, fabricated marble and granite floor with stainless steel inlays. All the entertaining rooms flow off the grand gallery entrance and allows easy access to all the entertaining rooms including the living room, dining room, salon, eat-in-kitchen and library/media room. This residence enjoys 6 bedrooms and 5.5 bathrooms. Every room is architecturally and beautifully proportioned, 10' ceilings, over-sized windows facing both East and South, wood-burning fireplace, solid hard wood flooring, custom moldings, motorized shades, sound proof windows, security alarm, washer/dryer and central air conditioning. This elegant and refined home is one of those rare residences that not only provides generous space for entertaining, but also has private and serene living quarters with all the comforts one could possibly hope for in a home.
Residence 3E is a spectacular 12-room full floor residence meticulously renovated and designed by renowned Andrew Sheinman of Pembrooke & Ives. Entering through a private elevator vestibule, you will walk into a 14'x18' gracious gallery foyer detailed with a custom fabricated bronze and glass entry door, custom moldings, fabricated marble and granite floor with stainless steel inlays. All the entertaining rooms flow off the grand gallery entrance and allows easy access to all the entertaining rooms including the living room, dining room, salon, eat-in-kitchen and library/media room. This residence enjoys 6 bedrooms and 5.5 bathrooms. Every room is architecturally and beautifully proportioned, 10' ceilings, over-sized windows facing both East and South, wood-burning fireplace, solid hard wood flooring, custom moldings, motorized shades, sound proof windows, security alarm, washer/dryer and central air conditioning. This elegant and refined home is one of those rare residences that not only provides generous space for entertaining, but also has private and serene living quarters with all the comforts one could possibly hope for in a home.
4 Available Listings from $2.6M
4. The San Remo, 145 Central Park West, #7D – $9,995,000
Central Park West | Co-op | 3 beds, 3.5 baths
Central Park West | Co-op | 3 beds, 3.5 baths
5 Available Listings from $6M
5. The Belnord, 225 West 86th Street, #812 – $7,000,000 ($2,234 / ft2)
Upper West Side | Condo | 4 beds, 4.5 baths | 3,134 ft2
Upper West Side | Condo | 4 beds, 4.5 baths | 3,134 ft2
All images of The Belnord via Douglas Elliman
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From the listing:
Abound in beauty, this Robert A.M. Stern-designed four-bedroom, four-and-a-half bathroom home boasts peaceful views into the interior 22,000-square-foot courtyard, north and south exposures, 10' ceilings, fully restored, oversized mahogany windows, and white oak floors with chevron and plank patterns throughout.
Upon arrival, a formal entry foyer and gallery lead to the expansive and elegant great room, an exceptional setting to live, dine, and entertain. The enormous eat-in-kitchen has been custom designed by Molteni in collaboration with Robert A. M. Stern Architects, and features Calacatta Gold marble countertops and backsplash, with cerused oak custom cabinetry. State-of-the-art appliances by Gaggenau, a 45-bottle Sub-Zero wine refrigerator, and a large, integrated kitchen banquette with storage complement the space.
Abound in beauty, this Robert A.M. Stern-designed four-bedroom, four-and-a-half bathroom home boasts peaceful views into the interior 22,000-square-foot courtyard, north and south exposures, 10' ceilings, fully restored, oversized mahogany windows, and white oak floors with chevron and plank patterns throughout.
Upon arrival, a formal entry foyer and gallery lead to the expansive and elegant great room, an exceptional setting to live, dine, and entertain. The enormous eat-in-kitchen has been custom designed by Molteni in collaboration with Robert A. M. Stern Architects, and features Calacatta Gold marble countertops and backsplash, with cerused oak custom cabinetry. State-of-the-art appliances by Gaggenau, a 45-bottle Sub-Zero wine refrigerator, and a large, integrated kitchen banquette with storage complement the space.
11 Available Listings from $4M
Top Contracts
All images of The Gramercy Square Condominium via Douglas Elliman
From the listing:
Featuring modern transitional interiors, The Tower's design hallmarks include expansive plans with airy ceiling heights, abundant windows and a warm contemporary palette of finishes. The Penthouse boasts five bedrooms and six and a half baths in over 6,989 square feet of interior space, and 5,680 square feet of exceptional exterior space, with a coveted 360-degree view of Manhattan and beyond- perfect for entertaining. Soaring ceiling heights ranging from 10' in the bedrooms to 19' in the Great Room with floor-to-ceiling windows showcasing dramatic views of the New York City skyline.
Solid oak flooring is rift and quartered throughout. Custom designed kitchens by Canova, remain true to their eponymous design mandate with extraordinary understated form, an open kitchen with custom stained cabinetry is paired with Calacatta marble countertops and backsplash. Appliances are top-of-the-line featuring integrated Sub-Zero refrigerator and wine storage, Wolf microwave and Bosch dishwasher. A private primary suite features an en suite windowed bath, fitted with Lefroy Brooks fixtures, custom double vanity, and radiant heated flooring with a Duravit soaking tub, separate shower, and private water closet. All secondary bedrooms feature en suite baths. A separate utilities closet houses a LG washer and vented dryer as well as central HVAC.
Featuring modern transitional interiors, The Tower's design hallmarks include expansive plans with airy ceiling heights, abundant windows and a warm contemporary palette of finishes. The Penthouse boasts five bedrooms and six and a half baths in over 6,989 square feet of interior space, and 5,680 square feet of exceptional exterior space, with a coveted 360-degree view of Manhattan and beyond- perfect for entertaining. Soaring ceiling heights ranging from 10' in the bedrooms to 19' in the Great Room with floor-to-ceiling windows showcasing dramatic views of the New York City skyline.
Solid oak flooring is rift and quartered throughout. Custom designed kitchens by Canova, remain true to their eponymous design mandate with extraordinary understated form, an open kitchen with custom stained cabinetry is paired with Calacatta marble countertops and backsplash. Appliances are top-of-the-line featuring integrated Sub-Zero refrigerator and wine storage, Wolf microwave and Bosch dishwasher. A private primary suite features an en suite windowed bath, fitted with Lefroy Brooks fixtures, custom double vanity, and radiant heated flooring with a Duravit soaking tub, separate shower, and private water closet. All secondary bedrooms feature en suite baths. A separate utilities closet houses a LG washer and vented dryer as well as central HVAC.
11 Available Listings from $1.9M
All images of Walker Tower via Compass
From the listing:
With triple exposures, breathtaking views, glorious light, high ceilings and exquisite windows, this 4-bedroom, 4.5-bathroom gem exudes perfection. The doublewide living room with views of the Hudson River, Freedom Tower and Statue of Liberty leads to the grand, private terrace. The corner dining area has southern and western exposures and also has access to the terrace. The Smallbone kitchen is perfectly situated and features a custom banquette, marble and limestone countertops, Dornbracht fixtures and includes a wine cooler, an induction cooktop, two wall ovens by Viking, speed oven and a built-in coffee maker by Miele and a Franke water filtration system. Off of the kitchen is the den/fourth bedroom, uniquely positioned in the building with the luxury and drama of both southern and northern views. The second floor is where the apartment truly becomes a home with three beautifully designed bedrooms and a central media area. The primary suite has triple exposures, a massive walk-in closet and a custom marble bathroom that would make most envious. With a separate vanity, double sinks, a large steam shower, Waterworks fixtures and a cast iron bathtub with soaring southern views, this bathroom is pure opulence. Top-of-the-line details throughout the apartment include radiant floor heating, hand laid French herringbone oak flooring, Crestron home automation system, Nanz hardware, a built-in humidification system, an ultra-quiet central air conditioning system and a dedicated ventilation system.
With triple exposures, breathtaking views, glorious light, high ceilings and exquisite windows, this 4-bedroom, 4.5-bathroom gem exudes perfection. The doublewide living room with views of the Hudson River, Freedom Tower and Statue of Liberty leads to the grand, private terrace. The corner dining area has southern and western exposures and also has access to the terrace. The Smallbone kitchen is perfectly situated and features a custom banquette, marble and limestone countertops, Dornbracht fixtures and includes a wine cooler, an induction cooktop, two wall ovens by Viking, speed oven and a built-in coffee maker by Miele and a Franke water filtration system. Off of the kitchen is the den/fourth bedroom, uniquely positioned in the building with the luxury and drama of both southern and northern views. The second floor is where the apartment truly becomes a home with three beautifully designed bedrooms and a central media area. The primary suite has triple exposures, a massive walk-in closet and a custom marble bathroom that would make most envious. With a separate vanity, double sinks, a large steam shower, Waterworks fixtures and a cast iron bathtub with soaring southern views, this bathroom is pure opulence. Top-of-the-line details throughout the apartment include radiant floor heating, hand laid French herringbone oak flooring, Crestron home automation system, Nanz hardware, a built-in humidification system, an ultra-quiet central air conditioning system and a dedicated ventilation system.
4 Available Listings from $14.9M
All images of 159 West 12th Street via The Corcoran Group
From the listing:
Rare 1841 Greek Revival West Village townhouse, rebuilt from the ground up offering a stunning 63-foot deep parlor floor with mansion scaled-rooms, 11 ceilings and a new elliptic staircase through the upper floors. Exquisitely rebuilt, this 20.83-wide triple mint townhouse features a gracious layout with 5 bedrooms and 5.5 bathrooms with elevator access to all five floors with an additional FAR of 519 square feet available. Upon entering the vestibule and foyer one immediately experiences the splendid explosion of living space! An unexpected double living room opens into the beautiful corner 21'x 19' dining room with five windows and access to the perfectly 40-foot-deep designed garden. The garden floor, with its own mud room entrance under the stoop, accesses the kitchen directly. Immaculately designed and maintained, the chef's kitchen features two sinks, two dishwashers, six-burner Viking cook-top, two Miele wall ovens, refrigeration, pantry closet, heated floors and every detail imaginable! The adjacent living room with fireplace allows for an intimate evening or a large gathering with ample space and double doors leading to the garden. In addition, there is the perfect guest bedroom suite on this floor.
Rare 1841 Greek Revival West Village townhouse, rebuilt from the ground up offering a stunning 63-foot deep parlor floor with mansion scaled-rooms, 11 ceilings and a new elliptic staircase through the upper floors. Exquisitely rebuilt, this 20.83-wide triple mint townhouse features a gracious layout with 5 bedrooms and 5.5 bathrooms with elevator access to all five floors with an additional FAR of 519 square feet available. Upon entering the vestibule and foyer one immediately experiences the splendid explosion of living space! An unexpected double living room opens into the beautiful corner 21'x 19' dining room with five windows and access to the perfectly 40-foot-deep designed garden. The garden floor, with its own mud room entrance under the stoop, accesses the kitchen directly. Immaculately designed and maintained, the chef's kitchen features two sinks, two dishwashers, six-burner Viking cook-top, two Miele wall ovens, refrigeration, pantry closet, heated floors and every detail imaginable! The adjacent living room with fireplace allows for an intimate evening or a large gathering with ample space and double doors leading to the garden. In addition, there is the perfect guest bedroom suite on this floor.
All images of Lantern House via Related
From the listing:
This 22nd floor penthouse at Lantern House by RELATED soars over the Hudson River, with a well-planned interior of approximately 3,000 square feet and a gorgeous private terrace with sunset views over the water. Penthouse 2203's unique Great Room features multiple expansive bay windows including western sunset views over the Hudson and unobstructed, panoramic city views from Hudson Yards to the Empire State Building. With 12' ceilings, this distinctive penthouse features chevron-laid flooring and handsome fireplace with marble surround. The open kitchen, designed by March & White and including custom bronze finished trim and hardware, incorporates Gaggenau appliances and an impressive array of additional features including a seventy-bottle full-height wine cooler, double wall ovens, a custom suspended light fixture of bronze-finished metal and specialty glass, convex fluted oak cabinetry, and Calacatta Venato marble slab countertops and backsplash. Step out of the Great Room directly out onto the setback terrace with dreamy views of the Hudson River and Manhattan skyline, magical at all times of day, and ready for dining alfresco with family and friends. The primary suite also enjoys river views, with a large bedroom, dual walk-in closets and a windowed master bathroom featuring a free-standing bathtub, Nestos Beige marble slab flooring and walls, Polished Opal White marble countertops, a built-in medicine cabinet with custom-designed bronze-finished metal and specialty glass wall sconces and fluted mirror panels, custom vanity, wall-mounted Toto toilet and radiant floor heating. Three additional bedroom suites, two additional marble-clad bathrooms, ample closets, walk-in utility room, beautiful onyx powder room for guests, and Lutron Homeworks lighting system perfect this penthouse.
This 22nd floor penthouse at Lantern House by RELATED soars over the Hudson River, with a well-planned interior of approximately 3,000 square feet and a gorgeous private terrace with sunset views over the water. Penthouse 2203's unique Great Room features multiple expansive bay windows including western sunset views over the Hudson and unobstructed, panoramic city views from Hudson Yards to the Empire State Building. With 12' ceilings, this distinctive penthouse features chevron-laid flooring and handsome fireplace with marble surround. The open kitchen, designed by March & White and including custom bronze finished trim and hardware, incorporates Gaggenau appliances and an impressive array of additional features including a seventy-bottle full-height wine cooler, double wall ovens, a custom suspended light fixture of bronze-finished metal and specialty glass, convex fluted oak cabinetry, and Calacatta Venato marble slab countertops and backsplash. Step out of the Great Room directly out onto the setback terrace with dreamy views of the Hudson River and Manhattan skyline, magical at all times of day, and ready for dining alfresco with family and friends. The primary suite also enjoys river views, with a large bedroom, dual walk-in closets and a windowed master bathroom featuring a free-standing bathtub, Nestos Beige marble slab flooring and walls, Polished Opal White marble countertops, a built-in medicine cabinet with custom-designed bronze-finished metal and specialty glass wall sconces and fluted mirror panels, custom vanity, wall-mounted Toto toilet and radiant floor heating. Three additional bedroom suites, two additional marble-clad bathrooms, ample closets, walk-in utility room, beautiful onyx powder room for guests, and Lutron Homeworks lighting system perfect this penthouse.
26 Available Listings from $1.95M
All images of 30 East 85th Street via The Corcoran Group
From the listing:
This high-floor condominium residence with breathtaking views of Central Park, the reservoir, the East River, the West Side and southern city skyline views is a once-in-a-lifetime find and a lucky treasure indeed! Comprising 6,186 square feet of interior space and 462-square-foot exterior, this serene and sun-filled duplex apartment features a sprawling open living and entertaining floor on the main level. This includes a large entrance gallery, areas for living and entertaining, dining, a den, a large professional-grade stainless steel kitchen, and a breakfast area--each room with a different but equally impressive vista. The upper floor houses an enormous primary suite, three additional bedrooms, a study, and four bathrooms. Strategically located, seven balconies (four on the main floor and three on the upper floor) enhance the indoor-outdoor experience. Other amenities include private vestibules and two powder rooms. **May be combined with PH30A, which is also available separately for sale.
This high-floor condominium residence with breathtaking views of Central Park, the reservoir, the East River, the West Side and southern city skyline views is a once-in-a-lifetime find and a lucky treasure indeed! Comprising 6,186 square feet of interior space and 462-square-foot exterior, this serene and sun-filled duplex apartment features a sprawling open living and entertaining floor on the main level. This includes a large entrance gallery, areas for living and entertaining, dining, a den, a large professional-grade stainless steel kitchen, and a breakfast area--each room with a different but equally impressive vista. The upper floor houses an enormous primary suite, three additional bedrooms, a study, and four bathrooms. Strategically located, seven balconies (four on the main floor and three on the upper floor) enhance the indoor-outdoor experience. Other amenities include private vestibules and two powder rooms. **May be combined with PH30A, which is also available separately for sale.
1 Available Listing for $2.5M
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