Sell

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

image
By Austin Havens-Bowen  |
July 13, 2021 - 12:30PM
image

This FiDi two bedroom, one bath saw the biggest percentage price drop with a 29 percent cut to $1,345,000. 

RealtyHop

Fewer Manhattan sellers slashed their listing prices in June as demand surged and the sales market approached more normal levels of activity.

The Upper East Side-Carnegie Hill saw the most cuts once again, but the total of 162 cuts was down from 175 previously. Turtle Bay-East Midtown landed the second spot again, and also saw a slight drop to 141 cuts from 147. All of the other neighborhoods that saw the most listing cuts were also in Manhattan. 

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.

July RealtyHop Price Drops

The listing with the biggest dollar cut was a landmarked Upper West Side townhouse with a $5,005,000, or 20 percent, drop to $19,995,000. The apartment with the highest percentage drop was a two-bedroom, one-bath condo in FiDi. A Staten Island house on a 10,000-square-foot lot and two Upper East Side medical offices also made the list of highest percentage cuts.

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

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

f1152b1b88be295c536a6a3f37803dbe-uncropped_scaled_within_1344_1008.jpg"3 Riverside Dr., Upper West Side

This single-family building saw a $5,005,000 cut to $19,995,000. Known as the Kleeberg Residence, the landmarked building is currently under construction with approved plans for nine bedrooms, 11 baths, two offices, a pool, basketball court, and theater. 

4619959_cfe74e574160d21b921317e10f73a2582d05fa30dce2fb5942f725570a2d4ebf.jpg

443 Greenwich St., #PHB, Tribeca

This four bedroom, four and a half bath saw a $3,500,000 cut to $35,000,000. The penthouse has custom hardwood floors, dual terraces, floor-to-ceiling windows, Miele and Gaggenau appliances, Savant smart-home controls, built-ins, central air, and storage units. The building has a doorman, gym, pool, garage, and roof deck.

7214464_e435420d41ba305acd562752fefb38364139880ddb85b66b273b1402763c7926.jpg

25 Columbus Circle, #PH80, Hell's Kitchen 

This five bedroom, seven bath saw a $3,500,000 cut to $59,000,000. The penthouse is being sold for the first time. It has a private elevator entrance, stone floors, floor-to-ceiling windows, wood beams, moldings, stainless steel appliances, granite countertops, a media room, gym, central air, and a Creston system. Amenities include a garage, gym, pool, and laundry room.

14075595_f3b247389991cbd977cf7ca45e9a03ad2e12437a86cfb4e96e12182fc39a789a.jpg

730 Park Ave., #34B2B, Lenox Hill

This seven bedroom, nine bath saw a $3,150,000 cut to $16,800,000. The co-op has an entrance gallery, marble and hardwood floors, wood-burning fireplaces, stainless steel appliances, custom built-ins, central air, a billiard room, laundry room, storage units, and wine cellar. Amenities include a doorman, bike storage, and gym.

13989044_dae0c791dbeeaaeeb02ba25d49720360aa865378e6d22b417532c31c9a8ace66.jpg

35 Hudson Yards, #7302, Chelsea 

This four bedroom, five bath saw a $2,855,000 cut to $14,995,000. The condo has high ceilings, hardwood floors, Gaggenau appliances, floor-to-ceiling windows, central air, an in-unit washer and dryer, and private patio. Amenities include a doorman, gym, pools, playroom, and business center.

Top 5 NYC addresses with the highest percentage price drop in June

2712835_0070b9ff833cf59d5f6a3d167b6b62539cc4f75ac48c55a67154af0f3ab62013.jpg

20 Pine St., #911, FiDi

This two bedroom, one bath saw a 29 percent drop to $1,345,000. The condo has high beamed ceilings, hardwood floors, large windows, integrated appliances, recessed lighting, central air, and private storage units. Amenities include a doorman, gym, pool, bike storage, and a laundry room.

14480541_e8b30a00a6f75be8cf87d819ece6a4d0a67bf3c8cd7ea26b3475a8186790739f.jpg

941 Park Ave., #MAIS1CD, Upper East Side 

This medical office space saw a 29 percent drop to $1,400,000. It has 2,800 square feet featuring three baths, a kitchenette, exam rooms, labs, and offices. 

5504500_3da9352fb7b00e443f364a2e73ad6c8d17e17a5ac3ffdaac3561b3dffb5d61fb.jpg

15 William St., #6D, FiDi 

This one bedroom, one bath saw a 25 percent drop to $895,000. The condo has hardwood floors, oversized double-pane windows, Miele and Liebherr appliances, a walk-in closet, storage space, and an in-unit washer and dryer. Amenities include a roof deck, gym, pool, garage, and bike storage. 

14599117_f2dcb705d1d1886f9ec7804a02e71dcb21cce5d11f2ec49885c0dc5169533b31.jpg

61 Sharrotts Rd., Woodrow

This four bedroom, two bath saw a 25 percent drop to $560,000. The house sits on a 10,000-square-foot lot with a driveway, garage, and protected wetland in the back. The house needs a renovation and can also be subdivided according to the listing. 

14347247_41581372fac538327ecb0ef52daaf4dca34e90cfd2538ad236fd30e140533d63.jpg

885 Park Ave., 1B, Upper East Side

This medical space saw a 23 percent drop to $795,000. It is currently configured with a reception space, surgical theater, offices, exam rooms, baths, and powder rooms.

 

image

Austin Havens-Bowen

Staff Writer

Staff writer Austin Havens-Bowen covers the rental market and answers renters' questions in a column called Realty Bites. He previously reported on local news for the Queens Ledger and The Hunts Point Express in the Bronx. He graduated from Hunter College with a BA in media studies. He rents a one-bedroom apartment in Astoria with his boyfriend and their two cats.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

topics: