Manhattan Sales:
- For the week ending September 29, 2023, $363,727,275 worth of transactions across 235 condo, condop, and cooperative deals were recorded
- 82 condo sales came to an aggregate price of $183,528,875
- 12 condop sales came to an aggregate price of $31,083,548
- 141 co-op sales came to an aggregate price of $149,114,852
In this article:
Corner primary suite at 432 Park Avenue, #63B, the week's top sale (Douglas Elliman)
Less than a month after a custom-designed apartment at 432 Park Avenue entered contract with a $92,000,000 asking price that remains 2023's highest to date, the Rafael Vinoly-designed supertall is back on top with a $22,500,000 sale. The unidentified seller has taken a loss on the three-bedroom apartment, having bought it from the sponsor for $24,582,962 in March 2016.
The apartment at 432 Park Avenue was initially listed for $28,000,000 in February 2022, and closed about a month after it entered contract with a $24,500,000 asking price. Despite this discount, it had the past week's top sale by a comfortable margin. The second-highest sale was for Penthouse #1602 at 450 Washington Street, a six-bedroom apartment that closed for $15,500,000. This, too, represents a small reduction, having entered contract with a $17,300,000 ask in February 2023.
The Eldorado, #18DI (Rise Media)
The last week of September 2023 was also a good one for classic cooperatives. The top co-op sale and third-highest overall was acclaimed art collector Hester Diamond's apartment in The Eldorado, which sold for $13,500,000, or $6 million below the asking price when it was initially listed in May 2022. The apartment has been in the Diamond family since the 1960s, when The Eldorado was still a rental; after it went co-op, they bought their apartment and later an adjoining one to make it a duplex to accommodate their collection of old masters and contemporary art alike. Following Ms. Diamond's death in early 2020, her surviving sons, who include Beastie Boys founding member Mike D, put the apartment on the market.
Almost directly opposite Central Park from The Eldorado, a four-bedroom apartment at 1050 Fifth Avenue closed for $10,500,000. While good enough for the fifth-highest sale of the past week, it is a fraction of the $30,000,000 asking price when it was originally listed in October 2015. Seller Donald Schupak is an attorney famous for his work with the St. Louis Spirits during the 1976 merger of the American Basketball Association and the National Basketball Association in what Sports Illustrated called the best deal of the century. He later relisted it for $21,000,000 in May 2021. The buyer conducted the transaction through a trust.
432 Park Avenue, #63B (Douglas Elliman)
From the Listing:
Accessed through a private vestibule, this stunning home is over 4,000 square feet and features 3 bedrooms, library/dining room, 4 full baths and a powder room. Grandly proportioned, with 12’6’ ceilings and 10’x10’ windows featuring open exposures to the north, west and south, the residence is filled with light all day, and offers breathtaking skyline, Central Park, and river views. A gracious foyer leads to a grand 29’ x 29’ corner living room. The dining room/library faces west offering magical sunsets.
The windowed eat-in kitchen includes a breakfast bar overlooking Central Park with custom white lacquer and natural oak cabinetry, Blue de Savoie marble countertops, a 96’ x 51’ Bianco Scintillante marble center island, Miele stainless steel appliances and Dornbracht polished chrome fixtures. The corner primary bedroom suite features light filled open southern and western views and includes spacious closets and a separate dressing area. Two windowed primary bathrooms allow for complete privacy and include radiant heated marble floors and walls of book-matched slabs of Italian Statuario marble.
Accessed through a private vestibule, this stunning home is over 4,000 square feet and features 3 bedrooms, library/dining room, 4 full baths and a powder room. Grandly proportioned, with 12’6’ ceilings and 10’x10’ windows featuring open exposures to the north, west and south, the residence is filled with light all day, and offers breathtaking skyline, Central Park, and river views. A gracious foyer leads to a grand 29’ x 29’ corner living room. The dining room/library faces west offering magical sunsets.
The windowed eat-in kitchen includes a breakfast bar overlooking Central Park with custom white lacquer and natural oak cabinetry, Blue de Savoie marble countertops, a 96’ x 51’ Bianco Scintillante marble center island, Miele stainless steel appliances and Dornbracht polished chrome fixtures. The corner primary bedroom suite features light filled open southern and western views and includes spacious closets and a separate dressing area. Two windowed primary bathrooms allow for complete privacy and include radiant heated marble floors and walls of book-matched slabs of Italian Statuario marble.
450 Washington Street (Binyan Studio)
450 Washington Street, #PH1602 (The Corcoran Group)
From the Listing:
Direct Hudson River views set a magical tone for Penthouse 1602. This triple exposure residence features dazzling views over the Hudson River and historic Tribeca. Enjoy stunning sunsets every day from the private roof deck.
The meticulously-detailed interiors include myriad modern details including 7-inch-wide plank white oak flooring and massive bronze-finished windows with Caesarstone window ledges. Open-concept kitchen features Miele appliances, natural warm-toned quartzite countertops, crisp matte white lacquer cabinetry, architectural cove lighting and Dornbracht faucet fixtures. Bathrooms are clad in handsome honey-toned European White Oak cabinetry, Calacatta Lincoln marble countertops with undermounted sinks, and showers with Dornbracht fixtures.
Direct Hudson River views set a magical tone for Penthouse 1602. This triple exposure residence features dazzling views over the Hudson River and historic Tribeca. Enjoy stunning sunsets every day from the private roof deck.
The meticulously-detailed interiors include myriad modern details including 7-inch-wide plank white oak flooring and massive bronze-finished windows with Caesarstone window ledges. Open-concept kitchen features Miele appliances, natural warm-toned quartzite countertops, crisp matte white lacquer cabinetry, architectural cove lighting and Dornbracht faucet fixtures. Bathrooms are clad in handsome honey-toned European White Oak cabinetry, Calacatta Lincoln marble countertops with undermounted sinks, and showers with Dornbracht fixtures.
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The Eldorado, #18DI (The Corcoran Group)
From the Listing:
The multi-faceted stature of this residence rests in the experience of Central Park and The Reservoir, as your own private oasis of tranquility and calm against the midtown skyline backdrop of Manhattan. You are truly living in the epitome of luxury and nature at every turn, a piece of architectural art within the skyscape of the greatest city in the world. With an interior that is in a class of its own in size, scale and flexibility, one can customize this home to meet their luxury lifestyle.
Twelve rooms across 6,300 square feet, wrap around terraces of 800 square feet, and over 130 linear feet fronting Central Park and The Reservoir. This Duplex features six rooms directly on the Park and Reservoir, with entrances to the terraces from all major rooms. There is extraordinary light from sunrise to sunset with the majority of rooms facing east, south and west. Upon entering the nineteenth floor, you are met with the enormous twenty-nine-foot entertaining room, which is only eclipsed by the iconic views from the south and east terrace off this room. A more intimate entertaining room is directly adjacent to the open foyer, facing south and also featuring an entrance to the magnificent corner terrace.
The multi-faceted stature of this residence rests in the experience of Central Park and The Reservoir, as your own private oasis of tranquility and calm against the midtown skyline backdrop of Manhattan. You are truly living in the epitome of luxury and nature at every turn, a piece of architectural art within the skyscape of the greatest city in the world. With an interior that is in a class of its own in size, scale and flexibility, one can customize this home to meet their luxury lifestyle.
Twelve rooms across 6,300 square feet, wrap around terraces of 800 square feet, and over 130 linear feet fronting Central Park and The Reservoir. This Duplex features six rooms directly on the Park and Reservoir, with entrances to the terraces from all major rooms. There is extraordinary light from sunrise to sunset with the majority of rooms facing east, south and west. Upon entering the nineteenth floor, you are met with the enormous twenty-nine-foot entertaining room, which is only eclipsed by the iconic views from the south and east terrace off this room. A more intimate entertaining room is directly adjacent to the open foyer, facing south and also featuring an entrance to the magnificent corner terrace.
4 Available Listings for Sale from $2,395,000
11 Beach Street, #PHA (Compass)
From the Listing:
With nearly 4,000 square feet of interior and 1,200 square feet of exterior space, this 3-bedroom, 3-bath, plus 2 powder rooms in move-in condition is ready to become your Tribeca dream. From a graceful entryway off the private elevator, the home opens into an impressive 31-foot x 55-foot long great room with west-facing, over-sized casement windows and an inset terrace that pulls the outdoors into the living space. An ethanol fireplace adds a cozy touch.
An open chef’s kitchen features an island breakfast bar, pantry, side-by-side refrigerators, oversized wine cabinets, dual wall ovens, built-in burners, and oversized dishwashers, all outfitted by Sub-Zero and Miele. The extra-large proportions of the great room continue throughout: Ceilings soar to over 12 feet in height and the floors feature extra-wide 8-10-inch white oak planks. A west-facing primary suite presents a grand windowed bedroom with an oversized dressing room and luxurious master bath with two vanities, soaking tub, steam shower, water closet, heated floors, and heagted Toto toilet.
With nearly 4,000 square feet of interior and 1,200 square feet of exterior space, this 3-bedroom, 3-bath, plus 2 powder rooms in move-in condition is ready to become your Tribeca dream. From a graceful entryway off the private elevator, the home opens into an impressive 31-foot x 55-foot long great room with west-facing, over-sized casement windows and an inset terrace that pulls the outdoors into the living space. An ethanol fireplace adds a cozy touch.
An open chef’s kitchen features an island breakfast bar, pantry, side-by-side refrigerators, oversized wine cabinets, dual wall ovens, built-in burners, and oversized dishwashers, all outfitted by Sub-Zero and Miele. The extra-large proportions of the great room continue throughout: Ceilings soar to over 12 feet in height and the floors feature extra-wide 8-10-inch white oak planks. A west-facing primary suite presents a grand windowed bedroom with an oversized dressing room and luxurious master bath with two vanities, soaking tub, steam shower, water closet, heated floors, and heagted Toto toilet.
1 Available Listing for Sale for $5,395,000
1050 Fifth Avenue (CityRealty)
1050 Fifth Avenue, #18BC (Douglas Elliman)
From the Listing:
This Fifth Avenue trophy property features almost 4,000 square feet and is an unparalleled oasis overlooking Central Park. Greet each day from one of two wraparound terraces totaling over 900 square feet. Take in the beating heart of New York City, from the George Washington Bridge to the north, down to the Empire State Building and beyond. Wind down every evening with breathtaking sunsets over the Jackie Kennedy Onassis Reservoir through 40 feet of curving picture windows facing west across Central Park.
This one-of-a-kind 18th floor residence offers a rarely matched 100 linear feet along Fifth Avenue with north, south, east, and west exposures. Stunning. Sophisticated. Serene. Apartment 18B is the south wing and Apartment 18C is the north wing. Each has five rooms: living room, dining room, two bedrooms, two full bathrooms and a guest powder room. Both apartments have breathtaking wrap around terraces.
This Fifth Avenue trophy property features almost 4,000 square feet and is an unparalleled oasis overlooking Central Park. Greet each day from one of two wraparound terraces totaling over 900 square feet. Take in the beating heart of New York City, from the George Washington Bridge to the north, down to the Empire State Building and beyond. Wind down every evening with breathtaking sunsets over the Jackie Kennedy Onassis Reservoir through 40 feet of curving picture windows facing west across Central Park.
This one-of-a-kind 18th floor residence offers a rarely matched 100 linear feet along Fifth Avenue with north, south, east, and west exposures. Stunning. Sophisticated. Serene. Apartment 18B is the south wing and Apartment 18C is the north wing. Each has five rooms: living room, dining room, two bedrooms, two full bathrooms and a guest powder room. Both apartments have breathtaking wrap around terraces.
3 Available Listings for Sale from $2,195,000
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Or call us at (212) 755-5544
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