The Most Expensive Condo Buildings Criteria
In what has become a true bellwether of Manhattan luxury, 2024 delivered another unforgettable year for high-end condo sales. Mirroring the broader market’s unusual seasonal behavior, where late-year activity outpaced spring listings in a reversal of normal patterns, the city’s most expensive condo buildings in NYC continued to command staggering sums per square foot.
Using the same rigorous methodology as before, median price per square foot with at least two closed sales, this year’s ranking of the most expensive condo buildings in NYC captures a defining moment in Manhattan’s luxury real estate market.
Several iconic addresses, such as 15 Central Park West, 20 East 76th Street, and 111 West 57th Street, were excluded from the list not because they lacked prestige but because they did not record at least two closings in 2024.
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220 Central Park South
220 Central Park South regained its leading position, moving up from fourth place in the 2023 rankings, where Aman New York had briefly surpassed it. It now boasts an astonishing median price per square foot of \$10,845, placing it at the top of the most expensive condo buildings in NYC and reaffirming its position as the nation’s premier residential tower. It features a limestone facade designed by Robert A.M. Stern, world-class amenities, and breathtaking views of Central Park. 220 CPS continues to set the standard for luxury living in New York.
Aman New York Residences
Aman New York Residences had an outstanding 2024, reinforcing its status as a leading ultra-luxury destination. The building posted a median closing price of \$8,693 per square foot. It sold its penthouse for an impressive \$135 million (approximately \$10,000 PSF), making it the city’s largest residential deal of the year.
Located in the historic Crown Building, Aman’s 22 residences and luxurious hotel suites attracted strong international interest, supported by its 25,000 sq ft spa, indoor pool, private dining options, and exclusive Aman Club. Although Aman moved to second place behind 220 Central Park South in median PSF rankings, its record-breaking deal and rich amenities reaffirm its iconic status in Manhattan’s luxury real estate scene.
Greenwich Lane Condominiums
The Greenwich Lane, comprising five buildings and five townhouses from 140 West 12th to 155 West 11th Street, ranked #3 this year with a median price per square foot of \$5,125 across six closed sales. Developed by the Rudin family and Global Holdings, with FXFOWLE’s design and interiors by Thomas O’Brien, it combines prewar-inspired architecture with amenities such as a 25-meter pool, upscale fitness center, golf simulator, screening room, and private landscaped gardens. While it lacks the height of Midtown’s skyscrapers, its strong performance in 2024 highlights the lasting appeal of thoughtful design, prime location, and exclusivity in one of Manhattan’s most cherished neighborhoods.
Central Park Tower
Central Park Tower ranks #4 this year, with a median price of \$4,848 per square foot across 13 closed sales. The standout feature was the stunning duplex penthouse #107/108, which sold for \$9,349 per square foot, totaling \$117.4 million. As the tallest residential building in the Western Hemisphere, its impressive height and comprehensive amenities, covering wellness facilities, indoor pools, private club spaces, and sweeping views of Central Park, continue to affirm its status as one of the most prestigious addresses globally.
Giorgio Armani Residences
760 Madison Avenue, home to the Giorgio Armani Residences, makes a notable debut in this year’s ranking thanks to its boutique exclusivity and fashion-house pedigree. With a limited collection of just 10 residences, each designed by Giorgio Armani, the building brings couture sensibility to the Upper East Side’s luxury real estate landscape.
In 2024, it recorded two closed transactions with a median price per square foot of \$4,901, securing a spot among the most expensive condo buildings in NYC. Developed by SL Green in partnership with the Armani Group and designed by COOKFOX Architects, 760 Madison delivers Italian sophistication in one of the city’s most desirable retail corridors. While it lacks the scale of other contenders, its ultra-limited inventory and brand prestige offer a compelling value proposition for buyers seeking discretion and design pedigree in equal measure.
Mandarin Oriental Fifth Avenue
685 Fifth Avenue, home to the Mandarin Oriental Residences, made it into this year’s top 10 with six closed sales and a median price per square foot of \$4,574. Situated at the corner of Fifth Avenue and 54th Street, the building combines hotel-style services with private condos, offering residents in-residence dining by Michelin-starred chef Daniel Boulud, a rooftop pool, wellness center, and 24-hour concierge. Developed by SHVO, this conversion of a former commercial property has turned a busy retail corridor into one of Manhattan’s most elegant, move-in-ready addresses. The project’s mix of brand prestige, full-service luxury, and prime Midtown location has attracted buyers who want immediate lifestyle convenience without sacrificing quality.
One 57
One57 earned its spot on this year’s list with two closed sales in 2024 and a median price per square foot of \$4,507. Developed by Extell and designed by Pritzker-winning architect Christian de Portzamparc, the 75-story supertall blends Park Hyatt hotel services with ultra-luxury residences. It offers residents access to a restaurant, a three-tiered fitness center surrounding a dramatic triple-height pool over Midtown, screening rooms, a private library, and 24/7 concierge support. One57 also delivered standout moments: among its sales was Unit 86, a 6,240 sq ft full-floor residence that closed this summer for \$6,218 psf or \$38.8M, a testament to the building’s enduring cachet and sleek, panoramic design.
Superior Ink Condominiums
400 West 12th Street (Superior Ink) rounds out the list with three closed sales in 2024 and a median price per square foot of \$3,850, based directly on your dataset. Situated on the historic site of the Superior Ink factory and completed in 2009, this 17-story, 57-unit condominium was designed by Robert A.M. Stern Architects and developed by The Related Companies.
It combines prewar-inspired architecture with modern amenities, including a 24-hour doorman and concierge, a fitness center with Pilates and yoga space, residents’ lounge, private screening room, children’s playroom, secure bike storage, valet parking, and a full-service garage. While its price per square foot may not match Manhattan’s ultra-luxury towers, Superior Ink offers a well-appointed, Village-focused option, achieving a rare balance of sustainable design (LEED Silver certified), high-end finishes, and West Village charm.
The Schumacher
36 Bleecker Street (The Schumacher) ranks high on this year’s list with two closed sales and a median price per square foot of \$3,717. Situated in the heart of NoHo, this Romanesque Revival-style building was originally built in 1883 as a commercial print shop, then transformed by Morris Adjmi Architects into a boutique condo. Its unique brick façade, exposed beam ceilings, and lush interior courtyard create an authentic Downtown vibe, with upscale finishes and full amenities, including a 24-hour concierge, gym, playroom, and private storage. With homes rarely available here, the Schumacher’s limited market activity and historic appeal continue to draw buyers looking for privacy and distinctive architecture.
443 Greenwich Street
443 Greenwich Street reenters the list with four closed sales and a median price per square foot of about \$3,713. This Tribeca landmark, which also appeared in last year’s top 10, continues to draw high-profile buyers thanks to its rare combination of privacy, size, and architectural integrity. Built in 1882 as a bookbindery and later renovated by CetraRuddy, the seven-story building maintains its historic brick-and-beam charm while providing modern, full-service amenities, including a 70-foot indoor pool with Turkish hammam, fitness studio, children’s playroom, and a lush private courtyard. Its discreet entrance and valet garage make it popular with celebrities, and its sturdy design and downtown location underscore its reputation as one of Tribeca’s most sought-after addresses.