NYC's 20 Best-Selling Residential Buildings

New York City's real estate market navigated through 2023 despite global catastrophes and local challenges related to housing production, budget shortfalls, and the influx of migrants seeking shelter. Nevertheless, Manhattan witnessed nearly $21 billion in apartment sales, with significant help from the super-luxury market and buyers capable of making all-cash purchases in light of elevated mortgage rates.

As we finalize the numbers for 2023, here's a glimpse of the best-selling buildings of the year, ranked by aggregate closings in terms of dollar amount. As expected, these buildings are predominantly recently constructed or converted condo/condop structures. Please note that some deals were signed into contract in the previous year and closed upon the building's delivery.

Notably, four out of the top five buildings were designed by Robert A.M. Stern Architects. While buildings from a wide range of neighborhoods made it into the top 20, the vast majority of buildings bestow views of Central Park or of one of the city's many waterways. Olympia DUMBO was the sole non-Manhattan building on the list. In total, the 19 Manhattan buildings accounted for one fifth of all apartment transactions in the borough by dollar amount. Stay tuned for an in-depth report on last year's residential market in the upcoming week

#4. The Bellemont, 1165 Madison Avenue

Carnegie Hill

No availabilities

2023 Sales Aggregate: $256,642,597

Number of Closings: 12

Avg. Closing PPSF: $4,169

Avg. Closing Price: $21,386,883

With only 12 spacious units, a carefully curated amenity package, and a prime uptown address, The Bellemont has come to serve as a new standard of Upper East Side luxury. A custom quadruplex penthouse set a new price record for the area, and a rare resale found a buyer after less than three weeks on the market.

#1. 200 East 83rd Street

Yorkville

Sold Out

2023 Sales Aggregate: $491,806,658

Number of Closings: 63

Avg. Closing PPSF: $2,995

Avg. Closing Price: $7,806,455