Highest and lowest priced closed sales for Manhattan Apartments (Week of Feb 23, 2020)

The highest recorded closed price for a Manhattan apartment for the week of February 23 was unit 28-C at 53 West 53rd Street, the sleek new supertall by Jean Nouvel that towers over the Museum of Modern Art.    

The 2,094 SF two-bedroom residence sold for $6.367 million, just over $3,000 per square foot.   The apartment features a grand corner living room, a gracious entry gallery, a sumptuous five fixture en suite bath, nine-foot tall walnut doors, high ceilings and floor-to-ceiling windows that offer an eye on the city.   The masterful kitchen is a setting to behold. White glass frosted cabinetry, integrated appliances, lustrous white marble countertops and backsplashes and a floor-to-ceiling window create a special place to cook, entertain or just hold court.

53 West 53rd Street is a full service building that contains just about every amenity one could dream about.  To name a few: Lap pool, golf simulator, housekeeping, private wine vaults, squash court, wellness center, double-height lounge with Central Park views. Ok, you get the idea.  In addition to the residential component, this hybrid development contains a 100-room hotel and 36,000 square feet of new museum space. 

Corcoran Marketing represents 53 West 53rd Street.  To view further information on this spectacular new development, visit Linecity.com.

The lowest recorded sale price for a Manhattan apartment for the week of February 23rd was unit 402, a one-bedroom at 1779 Madison Avenue in East Harlem. This income-restricted co-op, located just off 117th Street, sold for $171,500.  The per square foot price was about $321 based on 535 square feet.

The apartment features excellent light, a windowed kitchen with new stainless steel appliances and newly refinished oak floors.

The residence was introduced to the market in October 2019 for $321,000.  It took less than three months to sell but the buyer received a sharp discount of 47% off the original ask.  DeAnna Rieber of Halstead represented the seller. Should you wish further information on the property, you can visit Linecity.com.

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