New York Metropolis’s luxurious market closed out 2025 on a excessive notice — and with a extra various slate of trophy trades than ordinary.
Tony Higher East Facet co-ops, a Gilded Age townhouse and condos in Downtown Manhattan and on the Higher West Facet topped this yr’s record of the ten priciest offers within the Large Apple, alongside the Billionaires’ Row supertalls which have spent latest years dominating the rankings.
Vornado Realty Belief’s 220 Central Park South reclaimed the No. 1 spot after two offers over $100 million unseated the skyscraper in 2024. The addresses of these gross sales — Vlad Doronin’s 730 Fifth Avenue and Gary Barnett’s Central Park Tower — nonetheless landed among the many priciest trades, though no offers there, or anyplace else, cracked the nine-figure mark in 2025.
Collectively, town’s main offers totaled $540 million, down considerably from greater than $720 million final yr.
Regardless of the decrease complete, New York’s luxurious market hardly felt sluggish, as each offers and costs rose in the first quarter. Regardless of fears over the affect of President Donald Trump’s tariff insurance policies started early within the yr, town’s wealthiest consumers nonetheless stored the offers coming and had been even undeterred by the November mayoral election, which some had warned may ship wealthy New Yorkers seeking greener pastures.
Right here’s a more in-depth have a look at the offers that powered town’s luxurious market in 2025:
220 Central Park South | $83 million
Media magnate Byron Allen offered his Forty fifth-floor rental at 220 Central Park South for $82.5 million, securing its No. 1 slot on the record in simply the third month of the yr. Allen, founding father of Allen Media Group, purchased the 6,000-square-foot rental for $75 million simply two years earlier.
Corcoran’s Deborah Kern represented Allen within the off-market deal. A earlier itemizing for the residence described it as having 5 bedrooms, six loos and two balconies.
730 Fifth Avenue | $66 million
The second costliest deal to shut final yr was the ultimate rental at Vlad Doronin’s Aman New York. Unit 25A traded for $66 million in January to a purchaser whose identification is shielded by an LLC.
The ultimate residence at OKO Group’s hotel-condo conversion spans 5,800 sq. ft and has 4 bedrooms and a terrace.
The Modlin Group’s Adam Modlin represented the customer, whereas the developer’s in-house group led gross sales, which launched in 2018.
150 Charles Avenue | $60 million
Coming in at No. 3 is the brand new report holder for the priciest rental deal ever in Downtown Manhattan. Financier Harsh Padia and his spouse, inside designer Purvi Padia, offered their residence at 150 Charles in March for a whopping $60 million — double what they paid for it in 2016.
The duplex, which offered to an nameless purchaser in an off-market deal, has 5 bedrooms, 5 loos and a terrace overlooking the Hudson River.
Compass’ Jim St. André and Serhant’s Peter Zaitzeff, whose new improvement dealmaking was featured on the brand new season of “Proudly owning Manhattan,” represented the sellers. Compass’ Eric Brown and Zeve Salman introduced the customer.
960 Fifth Avenue | $54 million
In a listing usually dominated by condos and townhouse gross sales, an residence at one in every of Manhattan’s esteemed co-ops managed to land within the prime 5 priciest gross sales.
The Twelfth-floor unit at 960 Fifth Avenue offered in January for $53.5 million, a far cry from its 2023 itemizing value of $70 million. The co-op was offered by the property of the late oil heiress Anne Hendricks Bass, who died in 2020, to a purchaser whose identification is shielded by a belief.
Compass’ Alexa Lambert had the itemizing.
217 West 57th Avenue | $47 million
Unit 121 at Gary Barnett’s Central Park Tower offered final month for $47.5 million, down from its final asking value of just below $55 million. The customer’s identification was hidden by an LLC referred to as The Locker Room 121.
The total-floor rental, which spans 7,000 sq. ft and has 5 bedrooms and 5 loos, traded in an all-cash deal.
An in-house group with Extell Growth is heading gross sales on the BIllionaires’ Row tower alongside a group with Corcoran Sunshine Advertising and marketing Group, led by Kane Manera, Janet Wang, Gabriele Tonini and Tim Rizzo. Compass’ Maurice Mizrahi introduced the customer.
111 West 57th Avenue | $47 million
This yr marked a turnaround for 111 West 57th Avenue, which was struggling to seek out consumers earlier than JDS Growth and Property Markets Group swapped gross sales groups. With Sotheby’s Worldwide’s Nikki Discipline Crew on the helm, the builders offloaded penthouse No. 72 in April for just below $47 million.
The triplex rental traded for considerably lower than the preliminary $66 million value listed within the builders’ providing plan and got here in underneath its last ask of $56 million. However a deal is a deal, and the Billionaires’ Row tower is now virtually throughout the end line with 95 % of its models offered.
50 West 66th Avenue | $47 million
The Forty seventh-floor residence at Extell Growth’s Lincoln Sq. undertaking closed for $46.8 million in October, incomes it the title of the costliest sale on the Higher West Facet this yr. An nameless purchaser bought the 6,900-square-foot rental, which incorporates a terrace overlooking Central Park.
The developer’s in-house group is heading gross sales on the 70-story tall undertaking.
973 Fifth Avenue | $46 million
Goldman Sachs accomplice David Leuschen lastly traded his Gilded Age mansion on the Higher East Facet, although the ultimate sale value was nowhere near what he as soon as searched for it in 2021.
An entity tied to the financier purchased the 11-bedroom house at 973 Fifth Avenue in 2012 for $42 million. He listed the property virtually a decade later for $80 million, although he didn’t discover a purchaser till Might, when he offered it for $46 million after dropping the value underneath $50 million.
Corcoran’s Carrie Chiang, Andres Perea-Garzon and Lesley Schulhof had the itemizing. Modlin introduced the customer.
217 West 57th Avenue | $46 million
Central Park Tower continued to log low cost after low cost in 2025, however this deal nonetheless managed to land among the many yr’s 10 costliest trades. The supertall’s 116th ground offered for just below $46 million, down $7 million from its final asking value and $20 million from the value specified within the developer’s providing plan.
The rental spans 7,100 sq. ft and has 5 bedrooms and 5 loos. Extell Growth’s in-house group and a group with Corcoran Sunshine head gross sales on the constructing.
740 Park Avenue | $45 million
One other co-op topped the priciest offers record this yr, this one a sprawling Park Avenue pad offered by the late spouse of billionaire David Koch, Julia Koch. Billionaire hedge funder Ken Griffin purchased the 8,500-square-foot residence in February for $45 million.
Koch and her late husband purchased the 18-room residence in 2004 for $17 million. She began trying to dump the unit, which was lately renovated, in 2022.
Corcoran’s Leighton Candler had the itemizing.
Learn extra
Here are NYC’s priciest residential deals in 2024
Vornado’s 220 CPS notches $83M sale
Vlad Doronin snags final closing at Aman New York for $66M
