Manhattan’s Top 10 Best-Selling Buildings in 2015

NYC offers a diverse selection of ultra-prime real estate for home buyers, condo dwellers, and investors. In spite of strong shows of force being put on by New York City’s other boroughs, Manhattan continues to dominate the attention of the world.

Though it didn’t make the top 10 with 48 units sold, a special mention should go to the Helmsley Carlton House in Lenox Hill since it hit a median sale price of $8.5M.

Here’s the countdown of the best-selling buildings in Manhattan, based on the number of units sold in 2015:

10. 175 W 95, Upper West Side

Units Sold: 54
Median Price: $1,082,000

175 West 95th Street underwent a major makeover in 2014, with a modern condo conversion transforming the building into sleek studios and 3 bedroom units. Prices range from the low $600,000s to $2.2M. The light open plan units benefit from a full service building complete with gym and kids play area.

9. The William Beaver House, Financial District

Units Sold: 61
Median Price: $1,670,000

At the corner of Beaver Street, 15 William Street, New York offers both rentals and condominiums. With its yellow and gray exterior panels, the ‘Post-It Note Building’ has bucked critics. It boasts one of the most expensive penthouses by square foot in FiDi, and was featured in Domino Magazine in 2015. Residents have griped about $300 credit card convenience fees, but enjoy incredibly fast Fios internet service.

8. The Adeline, Harlem

Units Sold: 67
Median Price: $1,120,000

Located at 23 West 116th Street, The Adeline has experienced incredible demand thanks to offering NYC buyers a lot more for their money. The classy, yet modern redevelopment by L+M Development saw 90% of its 83 units sold out quickly. Second phase releases included the 4 bedroom, $2.75M penthouse at unit 11D.

7. Fifty Third and Eight, Clinton – Hell’s Kitchen

Units Sold: 72
Median Price: $1,550,000

Newly renovated with white oak floors and marble baths, this new 25-story Hell’s Kitchen condominium began finalizing closings and moving in new owners in August 2015. Developer HFZ Capital Group credited the ability to buy and move in fast with the great success of the building last year.

6. Halcyon, Turtle Bay

Units Sold: 76
Median Price: $2,516,000

 

This is the second HFZ Capital condominium on this list. Located at 964 2nd Avenue, New York, this 32 story tower in Midtown East features HFZ’s new signature marble baths and notable amenities. Units range to upwards of $11M.

5. 540 West, Clinton – Hell’s Kitchen

Units Sold: 95
Median Price: $1,064,000

The only Manhattan neighborhood to take two spots in this year’s top 10, Hell’s Kitchen real estate is certainly sizzling. Taking the neighborhood’s construction to a new level, Fortis built in an outdoor movie theater, over-sized rain showerheads, porcelain walls, Italian appliances, and quartz countertops. The exterior’s almost all glass design conjures up images of what an Apple condominium project might look like!

4. River & Warren, Battery Park City

Units Sold: 97
Median Price: $2,684,000

Described as “one of the most enviable residential addresses in Manhattan,” the River & Warren building boasts the highest average sales price out of the top 10 buildings over the last 12 months. With a $15M price tag, PHS offers 5 bedrooms, panoramic views covering that take in the Statue of Liberty, a 2,000 sq. ft. private deck, and outdoor shower.

3. 325 LEX, Murray Hill

Units Sold: 110
Median Price: $1,303,000

 

This glimmering, zig-zagging Murray Hill tower launched new sales in the fall of 2014. While renderings provided a glimpse of a relatively modest interior, fabulous views of NYC’s most famous landmarks make 325 LEX a personal observation tower, and that clearly hasn’t gone unappreciated.

2. One Riverside Park, Lincoln Square

Units Sold: 158
Median Price: $2,364,000

Heralded as “the crown jewel of Extell Development’s Riverside Park plans,” this luxury building boasts one of the most appealing and sophisticated designs on the list. The amenities are vast. The exceptional penthouses offer as many as seven bedrooms, nine and a half bathrooms, private swimming pools, and over 5,700 square feet of living space.

1. Island House, Roosevelt Island

Units Sold: 221
Median Price: $310,500

With such an incredible price point it is easy to see why Island House claimed the number one spot on this year’s list. Being just “90 seconds from Manhattan” these units would appear to be a steal even if in need of gut renovations. Yet, details from the Corcoran Group reveals Viking appliances, Quartz and marble finishes, built in closets, and much more to love.

Andra Rus

Andra Rus

With 10+ years of experience at PropertyShark, Andra covers the latest product updates and market reports for our blog. Her work has been featured in The Real Deal, Curbed, TimeOut, The Daily Mail, Business Insider, Crain’s New York.

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