City Realty

Top Manhattan Contracts: 200 East 83rd reaches 90% sold with $33M penthouse sale

March 7, 2022

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The top apartment contract recorded by Olshan Realty’s market report was #PHC at 200 East 83rd Street, which had an asking price of $32,500,000. The report notes that this is up from the $30 million asking price when the building began marketing, and that the 6-bedroom, 6.5-bath duplex measures 6,592 interior square feet and 1,864 square feet spread among four private terraces. It was the top apartment contract by far; the next highest apartment contract was for a high-floor unit at One57 asking $14.4 million.

The Robert A.M. Stern-designed building is distinguished at street level by its limestone facade with wildflowers carved into it, not to mention the grand arched windows and gracious crown. Residents enjoy expansive views of Central Park and the Midtown skyline by virtue of the building’s soaring height, and the 86 units come in half-floor, full-floor, and duplex layouts. Interiors by Rottet Studio feature gracious entrance galleries, kitchens with high-end appliances, and spa-caliber baths. Amenities and conveniences include a porte-cochere, automated parking, a fitness center with yoga room, a 70-foot lap pool with double-height vaulted ceilings, and a Winter Garden with a fireplace and loggia.

As recent statistics demonstrate, 200 East 83rd Street has proven exceptionally popular among luxury buyers. 30 percent of units had entered contract prior to the official sales launch in fall 2021. More recently, the market report noted that the building is now over 90 percent sold; a small handful of current availabilities starts at $2.05 million.