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

By Austin Havens-Bowen  |
November 11, 2021 - 12:30PM

This Midtown East four-bedroom condo saw the biggest dollar price drop. Owners slashed $3,000,000, or 20 percent off, to $12,000,000.


More sellers in Manhattan cut their listing prices in October compared to previous months according to a new RealtyHop report.

Once again, the Upper East Side-Carnegie Hill saw the most listing price drops. There were a total of 203 cuts, an 18 percent increase from 172 last month. Turtle Bay-East Midtown took the second spot again, with an increase from 160 to 181. All of the other top neighborhoods, which are also in Manhattan, saw more price cuts than last month's top neighborhoods.

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 listing with the highest dollar price drop was a four-bedroom, four-bath condo in Midtown East with a $3,000,000, or 20 percent, cut to $12,000,000. A Soho five-bedroom, six-and-a-half-bath condo also saw a $3,000,000 cut to $14,995,000. 

Here are listings with deepest price chops according to RealtyHop's report.

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

70 West 45th St., #PH1, Midtown East

This four bedroom, three and a half bath saw a $3,000,000 cut to $12,000,000. The penthouse has oversized windows, custom storage, a decorative two-way mirror, top-of-the-line appliances, and central air. Located in Cassa Hotel and Residences, amenities include housekeeping service, a hotel concierge, doorman, gym, and roof deck. 

151 Wooster St., #45B, Soho 

This five bedroom, six and a half bath saw a $3,000,000 cut to $14,995,000. The duplex has vaulted ceilings, millwork, hardwood floors, central air, walk-in closets, a wet bar, powder room, and laundry room. The building has a doorman.

34 East 61st St., Lenox Hill 

This townhouse saw a $2,500,000 drop to $17,500,000. The five-story townhouse is zoned for both commercial and residential use. Currently the first three floors are set up as commercial spaces and the top two floors are apartments. There's also a roof deck.

135 East 79th St., #PH19W, Upper East Side 

This five bedroom, four and a half bath saw a $2,500,000 cut to $20,000,000. The penthouse features a south-facing terrace, private elevator landing, moldings, hardwood floors, stainless steel appliances, custom millwork, oversized windows, recessed lighting, and a balcony. The building has a doorman, gym, bike storage, and roof deck.

88 Remsen St., Brooklyn Heights 

This five-bedroom, seven-bath townhouse saw a $2,250,000 cut to $17,750,000. It has a fireplace, moldings, millwork, hardwood floors, stainless steel appliances, exposed brick, high ceilings, floor-to-ceiling windows, two terraces, roof deck, and carriage house.

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

10 Orient Ave., Williamsburg 

This two-family building saw a 42 percent drop to $2,600,000. It's currently set up with two duplexes, one of which has a private outdoor space. The apartments feature hardwood floors, stainless steel appliances, granite countertops, tin ceilings, and decorative fireplaces. 

710 Park Ave., #14C, Lenox Hill 

This two bedroom, two bath saw a 37 percent cut to $1,800,000. Apartment #14C has recessed lighting, carpet and tile floors, built-ins, several closets, new windows, and an in-unit washer and dryer. Amenities include a doorman, gym, two elevators, and courtyard.

4041 Murdock Ave., Edenwald

This six-bedroom, three-and-a-half multi-family building saw a 34 percent cut to $998,000. It has a basement and garage.

114 East 90th St., #1D, Carnegie Hill 

This two bedroom, two bath saw a 29 percent cut to $999,999. The co-op has high ceilings, hardwood floors, LED lighting, new appliances, marble countertops, and an in-unit washer and dryer. The building has a doorman, gym, and bike storage. 

6120 Grand Central Parkway, #B910, Forest Hills 

This studio saw a 27 percent drop to $188,000. It has parquet floors, oversized windows, a dishwasher, and several closets. All utilities are included. The building has a doorman, laundry room, playground, and seasonal pool with membership. 



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.

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