Here are the NYC apartments for sale with the deepest price chops in December

The four-bedroom penthouse at 421 Broome St. in Soho took the number three spot on the the list for the largest dollar price drops in December, with a $4,750,000 cut.


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Sellers dug in their heels in December: There were even fewer price cuts last month than in November, which saw a significant decrease in the total numbers of price drops around the boroughs.

A new report by RealtyHop found the neighborhood with the highest number of price cuts last month was Turtle Bay-East Midtown with 97 price drops. In November, the Upper East Side-Carnegie Hill topped the list with a total of 156 price drop.

In its monthly price drop report, RealtyHop identifies neighborhoods with the highest total number of price cuts. It also highlights areas with the biggest percentage drop in median price, and the biggest median dollar price drop.

The top five addresses with the biggest dollar price drops are all in Manhattan, like previous months. A property for sale on the Upper East Side, 3 East 75th Street, lead the list with a $6,500,000 cut, or 22 percent off. In November, the biggest price drop by dollars was $2,250,000, also for a listing on the Upper East Side.

On the list of biggest price drop in terms of percentage, the top five addresses are also in Manhattan, as in previous months. The list was lead by a 24.9 percent chop at 580 Park Ave. in Manhattan, representing a $10,000,000 price cut.

Below is a look at the listings with deepest price chops identified in RealtyHop's report.

Top 5 NYC addresses with the biggest dollar price drop in November

3 East 75th St., #PH, Upper East Side

This five-bedroom, five-bath penthouse saw a price drop of $6,500,000 to $23,000,000. The apartment has 7,800 square feet of living space spread across three levels—plus 3,600 square feet of outdoor space, including a roof deck with a grill and Central Park views. Other standout features include a home theater and a billiards room with a kitchenette. Amenities in the Beaux-Arts building include a doorman, elevator, and outdoor terraces.

520 West 28th St., #PH3739, Chelsea

This seven-bedroom, 10-bath condo saw a price drop of $5,050,000 to $43,700,000. Located in the striking Zaha Hadid-designed building, the combined apartment has a total of 11,121 square feet of living space. The penthouse has an elevator to take you to its three levels, which includes a rooftop terrace that features a garden, roof pavilion, and views of the High Line. The eat-in kitchen was designed by Boffi and features Gaggenau appliances and a wall of windows.

421 Broome St., #PH, Soho 

This four-bedroom, seven-bath penthouse saw a price drop of $4,750,000 to $43,750,000. Located in a building built in 1873, the duplex apartment was recently renovated and features custom-fabricated steel doors, skylights, large windows, and four wood-burning fireplaces. The eat-in kitchen has a wood-burning fireplace, 86-inch range stove, granite counters, and backsplash plus two butler's pantries and a wine room. There's also a wine cellar, three private storage spaces, and two reserved parking spots that come with the apartment.

580 Park Ave., #PH, Upper East Side

This four-bedroom, five-bath co-op saw a price drop of $3,500,000 to $10,000,000. The penthouse duplex has a foyer that leads you to a round gallery featuring granite floors. There's also custom millwork, central air conditioning, soundproof windows, hardwood floors, and a sound system. The living room features a wood-burning fireplace and the adjoining office has built-in bookshelves. 

15 West 63rd St., #29A, Upper West Side 

This six-bedroom, five-and-a-half-bath condo saw a price drop of $3,100,000 to $28,900,000. A private elevator landing takes you to this duplex penthouse where the living and entertaining space are on the first floor and all of the bedrooms on the second. The corner master suite features Central Park views, two walk-in closets, and an en suite bath that has double sinks, a large soaking tub, and separate dressing area. 

Top 5 addresses with the highest percentage price drop in November

580 Park Ave., #PH, Upper East Side

This four-bedroom, five-bath co-op saw a price drop of 25.9 percent to $10,000,000. Located in a pet-friendly building, amenities include a full-time doorman, elevator, and an in-unit washer/dryer. The chef's kitchen features stainless steel appliances and lots of cabinets, and it connects to both a breakfast room and laundry area. The roof deck is landscaped and designed by Hanna Packer and includes an irrigation system, herb garden, and sound/lighting systems.

3 East 75th St., #PH, Upper East Side

This five-bedroom, five-bath condo saw a price drop of 22 percent to $23,000,000. A private elevator takes you to the four-story penthouse and opens directly into the foyer. The open living room has windows that look out to Central Park with double doors that lead to one of the six terraces. The modern eat-in kitchen features stainless steel appliances and a walk-in wine cellar. 

205 West 57th St., #1112ABCDE, Theater District 

This five-bedroom, five-and-a-half-bath co-op saw a price drop of 20.6 percent to $5,950,000. These are five apartments that are architect-ready to be joined as one large duplex in The Osborne, which was built between 1883 and 1885. The co-op features high-vaulted ceilings, skylights, multiple fireplaces, sash windows, and a 275-square-foot terrace. Amenities include a full-time doorman and elevator and the building's lobby features mosaic tiles and Italian marble. The seller is currently offering a $572,280 closing credit. 

160 Central Park South, #310118, Theater District 

This two-bedroom, two-bath condo saw a price drop of 20.2 percent to $3,950,000. Located in the Essex House, this condo is one of 185 private residences, which are managed by the JW Marriott Hotel. The condo features picture windows with views of Central Park and the George Washington Bridge and can be split as two separate units or combined as a two-bedroom apartment. Residents have access to hotel services including 24-hour room service, valet, concierge, and a fitness center with a spa.

300 Central Park West, #7D2, Upper West Side 

This two-bedroom, two-bath co-op saw a price drop of 20.2 percent to $1,995,000. Located in the El Dorado, an Art Deco building designed by Emory Roth in 1929, the apartment features 30 feet of unobstructed Central Park views, high-ceilings, built-in bookshelves, and a fireplace. Amenities include a doorman, elevator, laundry room, garage, fitness center, and bike storage.