While new development often touts layouts approaching 3,000 square feet as expansive, full-floor prewar residences on the Upper East Side offer a reminder of what living large truly means. Case in point: the top sale in the city last week was Ken Griffin's $38 million purchase of a full-floor duplex at 740 Park Avenue, one of world'’s most prestigious apartment buildings. According to Compass agent Mary Barbrack, a quiet shift is underway along Fifth Avenue and the East Side’s Gold Coast, with buyers placing renewed emphasis on square footage and the sense of scale long associated with the neighborhood’s great cooperatives.
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936 Fifth Avenue, #10AB
$11,995,000 (-7.7%)
Park/Fifth Ave. to 79th St. | Cooperative | 5 Bedrooms, 5 Baths | 5,000 ft2
“What’s rare here is not just the square footage, but the combination of uninterrupted Central Park frontage, the scale of the rooms, and four exposures. It’s something that’s increasingly difficult to find.” — Mary Barbrack, Principal, Mary Barbrack Team at Compass
The pricing further underscores the opportunity. Many nearby new developments, including 1122 Madison Avenue, are trading at significantly higher price-per-square-foot levels. By contrast, Residence 10AB at 936 Fifth Avenue is currently asking approximately $2,399 per square foot following a recent $1 million price adjustment.
Below is a table and a selection of current listings measuring 5,000 square feet or more.
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