City Realty:

255 East 77th Street and The Henry Named Best Selling Buildings of Q3 in New York City

November 3, 2025Read Full Article Download PDF

In the third quarter of 2025, Manhattan recorded just over 2,500 signed residential contracts: 47% for condominiums, 48% for cooperatives, and the remainder for condops and townhouses. If all sold at their last asking price, total contract volume would reach approximately $5.2 billion. The overall average last asking price stood at $2.07 million, with condos averaging $2.6 million, co-ops at $1.35 million, and townhouses at $7.8 million. The average price per square foot across all property types was $1,622, a marginal dip from $1,627 in Q2 2025. Condos held steady, ticking up slightly from $1,800 to $1,801 per square foot.

 

Across Manhattan’s core neighborhoods, the 50 top-selling buildings by total dollar volume were, unsurprisingly, dominated by new development condominiums. Developers seldom build co-ops, and new projects generally have more inventory and command higher prices than resales thanks to the fact they've never been lived in, their market-attuned layouts, newer finishes, and comprehensive amenities.

 

Manhattan’s new development pipeline has slowed since the pandemic, so many of the quarter’s top-selling buildings have been on the market for several years. The largest offerings, some exceeding 200 units with projected sellouts over $1 billion, continue to hold the most sway on the list. Familiar names include Hudson Yards' two condo towers, One High Line, and Sutton Tower. Newer standouts include La Maison Collette in Greenwich Village and Vesta LIC in Long Island City, both selling at a brisk pace.

 

When it comes to desirability and pricing power, the leaders aren’t necessarily the largest developments but those attracting buyers willing to pay premium prices for location and quality. Among buildings with at least two sales in the last quarter, 220 Central Park South remains unmatched, joined by other Billionaires’ Row/Midtown standouts such as 111 West 57th Street, Waldorf Astoria Residences New York, and 53 West 53. Co-ops rarely appear in these rankings, as few of the most prestigious apartment houses record multiple transactions per quarter and many co-op spreads do not disclose their square footage.

 

Below is the list of New York City's best-selling residential buildings of Q3 2025 by total dollar volume of last asking price. The statistics reflect reported signed contracts between July 1 and September 30. Because contract data is reported by brokerages, not the NYC Department of Finance, figures may be less reliable in terms of timing and accuracy.

 

Developed by the Naftali Group and designed by Robert A.M. Stern Architects, 255 East 77th Street brings timeless Upper East Side elegance to a new 36-story limestone tower. Its façade, adorned with ironwork and arched windows, evokes pre-war grandeur, while the two- to six-bedroom residences combine classic proportions with modern comfort. Homes feature white oak flooring, Calacatta marble kitchens, and spa-like baths with radiant-heated floors. Uppermost floors host full-floor penthouses with sweeping city and park views.

 

Amenities, designed by Yabu Pushelberg, include a 75-foot indoor pool, fitness and wellness center with spa, yoga room, and massage suites, as well as spaces for recreation such as a cinema, sports simulator, and music room. A private porte-cochère, automated parking, and 24-hour concierge enhance convenience. Located between Central Park and John Jay Park, residents enjoy proximity to Museum Mile, fine dining, and the Lexington Avenue subway.