New York City’s luxury market closed out 2025 on a high note — and with a more diverse slate of trophy trades than usual.
Tony Upper East Side co-ops, a Gilded Age townhouse and condos in Downtown Manhattan and on the Upper West Side topped this year’s list of the 10 priciest deals in the Big Apple, alongside the Billionaires’ Row supertalls that have spent recent years dominating the rankings.
Vornado Realty Trust’s 220 Central Park South reclaimed the No. 1 spot after two deals over $100 million unseated the skyscraper in 2024. The addresses of those sales — Vlad Doronin’s 730 Fifth Avenue and Gary Barnett’s Central Park Tower — still landed among the priciest trades, even though no deals there, or anywhere else, cracked the nine-figure mark in 2025.
Together, the city’s leading deals totaled $540 million, down significantly from more than $720 million last year.
Despite the lower total, New York’s luxury market hardly felt sluggish, as both deals and prices rose in the first quarter. Despite fears over the impact of President Donald Trump’s tariff policies began early in the year, the city’s wealthiest buyers still kept the deals coming and were even undeterred by the November mayoral election, which some had warned could send rich New Yorkers in search of greener pastures.
Here’s a closer look at the deals that powered the city’s luxury market in 2025:
220 Central Park South | $83 million
Media magnate Byron Allen sold his 45th-floor condo at 220 Central Park South for $82.5 million, securing its No. 1 slot on the list in just the third month of the year. Allen, founder of Allen Media Group, bought the 6,000-square-foot condo for $75 million just two years earlier.
Corcoran’s Deborah Kern represented Allen in the off-market deal. A previous listing for the apartment described it as having five bedrooms, six bathrooms and two balconies.
730 Fifth Avenue | $66 million
The second most expensive deal to close last year was the final condo at Vlad Doronin’s Aman New York. Unit 25A traded for $66 million in January to a buyer whose identity is shielded by an LLC.
The final apartment at OKO Group’s hotel-condo conversion spans 5,800 square feet and has four bedrooms and a terrace.
The Modlin Group’s Adam Modlin represented the buyer, while the developer’s in-house team led sales, which launched in 2018.
150 Charles Street | $60 million
Coming in at No. 3 is the new record holder for the priciest condo deal ever in Downtown Manhattan. Financier Harsh Padia and his wife, interior designer Purvi Padia, sold their apartment at 150 Charles in March for a whopping $60 million — double what they paid for it in 2016.
The duplex, which sold to an anonymous buyer in an off-market deal, has five bedrooms, five bathrooms and a terrace overlooking the Hudson River.
Compass’ Jim St. André and Serhant’s Peter Zaitzeff, whose new development dealmaking was featured on the new season of “Owning Manhattan,” represented the sellers. Compass’ Eric Brown and Zeve Salman brought the buyer.
960 Fifth Avenue | $54 million
In a list typically dominated by condos and townhouse sales, an apartment at one of Manhattan’s esteemed co-ops managed to land in the top five priciest sales.
The 12th-floor unit at 960 Fifth Avenue sold in January for $53.5 million, a far cry from its 2023 listing price of $70 million. The co-op was sold by the estate of the late oil heiress Anne Hendricks Bass, who died in 2020, to a buyer whose identity is shielded by a trust.
Compass’ Alexa Lambert had the listing.
217 West 57th Street | $47 million
Unit 121 at Gary Barnett’s Central Park Tower sold last month for $47.5 million, down from its last asking price of just under $55 million. The buyer’s identity was hidden by an LLC known as The Locker Room 121.
The full-floor condo, which spans 7,000 square feet and has five bedrooms and five bathrooms, traded in an all-cash deal.
An in-house team with Extell Development is heading sales at the BIllionaires’ Row tower alongside a team with Corcoran Sunshine Marketing Group, led by Kane Manera, Janet Wang, Gabriele Tonini and Tim Rizzo. Compass’ Maurice Mizrahi brought the buyer.
111 West 57th Street | $47 million
This year marked a turnaround for 111 West 57th Street, which was struggling to find buyers before JDS Development and Property Markets Group swapped sales teams. With Sotheby’s International’s Nikki Field Team at the helm, the developers offloaded penthouse No. 72 in April for just under $47 million.
The triplex condo traded for significantly less than the initial $66 million price listed in the developers’ offering plan and came in under its last ask of $56 million. But a deal is a deal, and the Billionaires’ Row tower is now almost across the finish line with 95 percent of its units sold.
50 West 66th Street | $47 million
The 47th-floor apartment at Extell Development’s Lincoln Square project closed for $46.8 million in October, earning it the title of the most expensive sale on the Upper West Side this year. An anonymous buyer purchased the 6,900-square-foot condo, which features a terrace overlooking Central Park.
The developer’s in-house team is heading sales at the 70-story tall project.
973 Fifth Avenue | $46 million
Goldman Sachs partner David Leuschen finally traded his Gilded Age mansion on the Upper East Side, though the final sale price was nowhere close to what he once sought for it in 2021.
An entity tied to the financier bought the 11-bedroom home at 973 Fifth Avenue in 2012 for $42 million. He listed the property almost a decade later for $80 million, though he didn’t find a buyer until May, when he sold it for $46 million after dropping the price under $50 million.
Corcoran’s Carrie Chiang, Andres Perea-Garzon and Lesley Schulhof had the listing. Modlin brought the buyer.
217 West 57th Street | $46 million
Central Park Tower continued to log discount after discount in 2025, but this deal still managed to land among the year’s 10 most expensive trades. The supertall’s 116th floor sold for just under $46 million, down $7 million from its last asking price and $20 million from the price specified in the developer’s offering plan.
The condo spans 7,100 square feet and has five bedrooms and five bathrooms. Extell Development’s in-house team and a team with Corcoran Sunshine head sales at the building.
740 Park Avenue | $45 million
Another co-op topped the priciest deals list this year, this one a sprawling Park Avenue pad sold by the late wife of billionaire David Koch, Julia Koch. Billionaire hedge funder Ken Griffin bought the 8,500-square-foot apartment in February for $45 million.
Koch and her late husband bought the 18-room apartment in 2004 for $17 million. She started attempting to offload the unit, which was recently renovated, in 2022.
Corcoran’s Leighton Candler had the listing.
Read more
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













































