By The Editors By The Editors | February 15, 2023 | Home & Real Estate, Feature,
No doubt, real estate in New York is on fire. Here, the hottest properties on the market to snatch up now.
THE DETAILS:
Parisian-inspired 250 E. 21st St. is one of the city’s hottest new addresses. Inside the stately structure on the corner of 21st Street and Second Avenue are 54 boutique abodes ranging from studios to four-bedroom condos, many with Juliette balconies. Developed by Urban Development Partners and with architecture by Issac & Stern Architects, 50% of the residences sold less than one month after sales launched. 250 E. 21st St.
PRICE:
From $3,995,000
CONTACT:
The Eklund|Gomes Team at Douglas Elliman
"BOTTOM LINE, THERE ARE ALWAYS NEW DYNAMICS OR TWISTS AND TURNS IN EVERY MARKET TO MANEUVER. IN NYC, IT IS CLEAR THAT THE FUNDAMENTALS HOLD STRONG, BUT MOST IMPORTANTLY, IT WILL BE LESS ABOUT THESE HEADWINDS AND MORE ABOUT ECON 101 I.E., SUPPLY AND DEMAND—SUPPLY IS SHORT, AND DEMAND IS LONG. THEREFORE, THE MARKET MAY BE LESS ABOUT ‘HEADWINDS’ AND MORE ABOUT THE ‘TAILWINDS’ YIELDING A STRONG 2023.” –WENDY ARRIZ, Sotheby’s International Realty, East Side Manhattan Brokerage
THE DETAILS:
On the top two floors of the Plaza building, this residence boasts breathtaking views of Manhattan from a 40-foot terrace. At 2,900 square feet, the space features three bedrooms, three bathrooms and two partial bathrooms, as well as two wood-burning fireplaces. The main floor features herringbone flooring and a large skylight. 1 Central Park South, PH2011
PRICE:
$14,500,000
CONTACT:
Louise Beit, 212.606.7703, Sotheby’s International Realty, East Side Manhattan Brokerage
THE DETAILS:
Designed by architect Ralph Walker and completed in 1931, the 56-story art deco landmark One Wall Street is one of the city’s most desired addresses. The 566 residences range from studios to four-bedrooms and a penthouse. Residents also have access to The One Club, which includes a private restaurant, 75-foot pool, the One Works co-working space, priority membership to Life Time athletic club and more. 1 Wall St.
PRICE:
From $1,130,000
CONTACT:
Compass Development Marketing Group, [email protected]
THE DETAILS:
This luxe Fifth Avenue penthouse boasts two wood-burning fireplaces and a sweeping wraparound terrace overlooking the city. With four bedrooms, three bathrooms and a home office, the home offers a flowing floor plan and ample natural light. In the elegant primary bedroom, a fireplace and chic design create the ultimate home retreat. 1025 Fifth Ave., PHAN
PRICE:
$10,750,000
CONTACT:
Holly Parker, 212.352.5217, Michael Passaro, 212.352.6202, and Brad Lauren, 212.891.7000, Douglas Elliman
"THE NEW YORK CITY REAL ESTATE MARKET CONTINUES TO ADJUST TO MARKET REALITIES DRIVEN BY ECONOMIC UNCERTAINTY. THE MARKET BELOW $2 MILLION SEES THE GREATEST AMOUNT OF ACTIVITY, WITH LARGER HOMES AND TOWNHOUSES TENDING TO LINGER ON THE MARKET. THE VALUE PLAY FOR NEW YORKERS: CO-OPS! MANY OF THE CITY’S LOVELIEST PREWAR HOMES STRUGGLE TO FIND BUYERS BECAUSE OF CO-OP BOARD REQUIREMENTS AND THE NEED FOR RENOVATION. BUT FOR THOSE HARDY SOULS WILLING TO RUN THE GAUNTLET, SOME OF THE CITY’S MOST BEAUTIFUL AND ICONIC HOMES CAN BE ACQUIRED AT EXCELLENT PRICES.” –FREDERICK WARBURG PETERS, President, Coldwell Banker Warburg
THE DETAILS:
Spanning 2,662 square feet and with four bedrooms, 3 1⁄2 bathrooms and two parking spaces, this full-floor abode is a gem in the heart of Chelsea’s art district. The south-facing terrace offers scenic views of the city, and both indoor and outdoor spaces allow for entertaining year-round. Ten-foot-high ceilings in the great room, oak flooring from Austria and chic cabinetry from Italy only sweeten the deal. 532 W. 20th St. , Apt. 4
PRICE:
$6,895,000
CONTACT:
Mihal Gartenberg, 212.327.9677, 703.581.9666, Coldwell Banker Warburg
THE DETAILS:
With four bedrooms, four bathrooms and three private terraces, this duplex penthouse is a West Village gem. The entryway highlights wide-plank walnut floors and high ceilings, and an expansive living room features a wall of beautiful built-ins. The primary suite features heated floors, a soaking tub overlooking the Hudson River, a glass rain shower and an infrared sauna. 385 W. 12th St. , PHW
PRICE:
$16,500,000
CONTACT:
Andrew Yeh, 212.727.6154, Andrew Anderson, 212.727.6153, Christopher Morales, 212.965.6013, Bruce Ehrmann, 212.965.6035, Douglas Elliman
THE DETAILS:
Highlights in this Lenox Hill residence, in the former Christie’s East Auction House, include five bedrooms, three bathrooms and one partial bathroom, and 11-foot ceilings across 4,665 square feet. The expansive living and dining space boasts oak panel walls and oversized windows, providing plenty of natural light. Plus, a library featuring wide wale corduroy on the floors, walls and ceiling and custom cabinetry level up the luxury. Loft 67, 219 E. 67th St., 4th Floor
PRICE:
$7,950,000
CONTACT:
Jamie Mitchell, 212.891.7197, Lauren Muss, 212.350.8000, Douglas Elliman
THE DETAILS:
Engulfed in the clouds, this full-floor, 8,255-squarefoot penthouse is on the 96th floor. A private elevator entry leads residents to a spacious great room. There are six bedrooms, seven bathrooms and two powder rooms, as well as a cozy library with its own wood-burning fireplace. The luxurious residence’s high ceilings and 10-foot-by-10-foot windows make the already massive space feel even more monumental. 432 Park Ave., PH
PRICE:
Available upon request
CONTACT:
THE DETAILS:
Designed by architect Gordon Bunshaft in 1950, Manhattan House is nestled between Second and Third Avenues. Luckily for New Yorkers, a recently renovated abode inside is now on the market. The space spans 1,113 square feet and features one bedroom and one bathroom. The best part? Residents have quick access to the Manhattan Club on the rooftop. 200 E. 66th St. , A1407
PRICE:
$1,895,000
CONTACT:
Ruthie Assouline, 212.891.7605, Ethan Assouline, 212.319.2309, Oliver Gold, 212.891.7657, Douglas Elliman
"IT’S A BUYER’S MARKET IN NEW YORK CITY WITH THE AVERAGE APARTMENT SPENDING WELL OVER A YEAR ON THE MARKET, WHICH IS GIVING BUYERS EVEN MORE NEGOTIATING STRENGTH!” –MICHELLE GRIFFITH, Douglas Elliman Real Estate
THE DETAILS:
This four-bedroom, four-bathroom home in Lenox Hill offers a flood of natural light and all the luxuries of a recently renovated space. Accessed by a private elevator, the living room features a beamed ceiling and a marble wood-burning fireplace. Elegant details throughout like gorgeous built-ins and a custom-outfitted dressing area with generous closets and spa-like bath make the space a highly coveted residence. 53 E. 66th St., 5AB
PRICE:
$8,995,000
CONTACT:
Michelle Griffith, 917.523.1891, Douglas Elliman
Photography by: FROM TOP: RENDERINGS BY WILLIAMS NEW YORK; PHOTO BY HULYA KOLABAS PHOTOGRAPHY OF SOTHEBY’S INTERNATIONAL REALTY; PHOTO: COURTESY OF MACKLOWE PROPERTIES; PHOTO: BY ROBERT LOWELL; PHOTO COURTESY OF COLDWELL BANKER WARBURG; PHOTO COURTESY OF COLDWELL BANKER WARBURG; PHOTO BY EVAN JOSEPH; PHOTO BY EVAN JOSEPH; PHOTO COURTESY OF DOUGLAS ELLIMAN; RENDERING AND VIRTUAL STAGING BY BARION DESIGN; PHOTO BY EVAN JOSEPH/THE ASSOULINE TEAM; PHOTO BY RISE MEDIA; PHOTO BY RISE MEDIA