NYC’s Top Residential Sales of 2025: From Record-Setting Penthouses to Historic Mansions

Even as buyer preferences evolved in NYC’s residential market and broader economic conditions continued to shift throughout 2025, demand for high-quality homes remained steady, especially in central neighborhoods with prime inventory. Well-priced, well-located properties continued to attract significant attention from affluent buyers and investors, reflecting confidence at the upper end of the market. 

A number of notable transactions stood out for both their scale and their significance. These sales highlight where buyers are concentrating their capital — from record-setting penthouses with views of Central Park to historic mansions on the Upper East Side — and offer a snapshot of how luxury real estate is evolving across the city.  

At the same time, these transactions also serve to highlight the wide disparity between the luxury segment and the broader NYC market, where the median sale price across 31,000 residential transactions in 2025 — including condos, co-ops, and single-family homes — was just $745,000. 

The following list details the top 10 residential sales of 2025, ranked by closing price: 

1. 220 Central Park South #45A — $82,500,000 

An off-market sale at 220 Central Park South closed for $82.5 million, marking NYC’s top residential sale of 2025 and the 13^th largest residential transaction ever recorded in the city. The ultra-luxury residence, located in a 70-story tower, spans 6,591 square feet and last traded for $75 million in 2023, when it was bought by the founder of Allen Media Group. The residence also stood out as another significant transaction to a building already known for its record-setting activity on Billionaires’ Row.  

2. 730 Fifth Avenue #25A — $66,000,000 

A nearly 5,800-square-foot condo sold for $66 million this year at 730 Fifth Ave., demonstrating ongoing demand for high-quality real estate in Central Midtown. Located in a Gold LEED-certified building on Billionaires’ Row that was built in 1921, the residence closed below asking price, but nevertheless achieved $11,444 per square foot — the highest rate in the building and among the top price-per-square-footage figures recorded in Manhattan in recent years. The seller was Vlad Doronin from the OKO Group, who was also behind 2024’s most expensive sale, a five-story penthouse that traded for $135 million.

3. 150 Charles Street #9A — $60,000,000 

Another luxury condo that sold in an off-market deal at 150 Charles St. brought in $60 million to set a new benchmark for downtown Manhattan. The 5,840-square-foot, five-bedroom residence in a 1938 West Village building was owned by financier Harsh Padia and his wife, interior designer Purvi Padia and now became the most expensive condo ever sold below 14th Street. Having last traded for $29 million in 2016, the unit’s latest price reflects $10,274 per square foot for the building’s second-highest figure to date.

4. 960 5th Avenue #12 — $53,500,000 

Traded this year for $53.5 million, this full-floor co-op at 960 Fifth Ave. continues the building’s history of notable Upper East Side transactions. The 12-story, pre-war cooperative contains 77 units, and this residence offers eight bedrooms along with direct views of Central Park. The residence belonged to philanthropist Anne Hendricks Bass, which added further distinction to an already established property.

5. 217 West 57th Street #121 — $47,469,125 

At Central Park Tower, a 6,700-square-foot condo closed for $47.47 million to contribute to a steady stream of high-value activity within the building. The building’s construction began in 2013 in the Central Park South corridor, and the tower is recognized as the tallest primarily residential structure in the world. This particular unit sold for $7,085 per square foot and contains five bedrooms and six bathrooms.

6. 111 West 57th Street #PT 72 — $46,900,000 

This triplex penthouse at 111 W. 57th St. sold for $46.9 million, showing continued interest in Central Park South luxury properties. The 7,163-square-foot residence occupies space within the 1924 building and offers wide views over Central Park. Although the sale closed below its previous asking price of $56 million, it remains one of Manhattan’s prominent penthouse transactions.

7. 50 West 66th Street #47E — $46,775,031 

8. 973 Fifth Avenue — $46,000,000 

As the only single family property among the top sales of 2025, this mansion at 973 Fifth Ave. traded for $46 million after a substantial reduction from its initial $80 million asking price. Designed by Stanford White, the Gilded Age home is one of the few remaining of its kind in Manhattan and sits directly across Central Park. 

9. 217 West 57th Street #116 — $45,938,000 

Another closing within the Central Park Tower, residence #116 sold for $45.94 million. The 6,700-square-foot condo, originally listed at $52.9 million, features five bedrooms and five baths. Its position in the Central Park South area further signals the tower’s ongoing concentration of high-value sales.

10. 740 Park Avenue #4B/5B — 45,000,000 

A duplex co-op at 740 Park Ave. closed for $45 million, marking one of the year’s highest cooperative transactions. The approximately 8,500-square-foot residence sits within a 19-story Art Deco building from the 1930s that’s long been considered one of Manhattan’s premier co-op addresses. The unit was acquired by David and Julia Koch in 2004 for $17 million and has now been purchased by billionaire Ken Griffin.

Taken together, these transactions offer a clear view of where the top end of New York City’s residential market was concentrated in 2025. Activity remained centered in established luxury corridors — particularly Central Park South, Fifth Avenue and select downtown areas, as affluent buyers continued to prioritize prime real estate with long-term value. Throughout 2026, these benchmarks will help shape expectations for both buyers and sellers operating in the city’s luxury segment. 

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