2017 was a great year for the developers of the hottest residential projects in New York City. 7 of the 10 hottest selling projects posted triple-digit sales figures, with the city’s #1 best-selling building closing 463 sales last year. By comparison 2016’s hottest-selling property closed 145 deals. Overall Queens and Brooklyn claimed the top three spots in our ranking, with Manhattan just behind the podium with New York’s #4 best-selling building – 1 W End Avenue with 133 units sold.
Queens had four buildings among New York’s top ten best-selling, with Manhattan and Brooklyn boasting 3 each. Of the 10 hottest developments in the city, half posted seven-digit median sale prices, with Manhattan in the lead. The iconic borough claimed the top two priciest projects among the city’s hottest – 50 West Street at a median sale price of $3,304,221, and 1 W End Avenue at $2,885,543.
Check out the complete ranking of New York’s top 10 best-selling buildings in 2017 below:
1
The Grand at Sky View Parc, Queens
Units sold: 463; Median sale price: $794,223
The Grand at Sky View Parc launched in 2015 following the initial Sky View Parc condo project’s success. Comprising three luxury condominium towers, the projects saw its third tower light up the Flushing market with white-hot sales, and only a handful remain on the market, despite selling a whopping 463 units in 2017. Luxury amenities abound, from tennis and basketball courts, swimming pool, and barbeque hotspots, to a spa, running track, outdoor kitchen, dog run, fitness center, and non-stop concierge service, and many more. The Grand is part of Flushing’s largest megaproject, which includes 800,000 square feet of shopping, and a six-acre rooftop garden, and 1,200 residential units.
Developer: Onex Real Estate Partners
Architect: Peter Clewes of Architects Alliance
Marketing company: Modern Spaces
Photo courtesy of the SkyView Parc
2
550 Vanderbilt, Brooklyn
Units sold: 173; Median sale price: $896,060
Surrounded by the historic neighborhoods of Prospect Heights, Boerum Hill, Fort Greene, Park Slope and Clinton Hill, 550 Vanderbilt Avenue offers the best of Brooklyn. Tree-lined streets surround the property and offer innovative cuisine, entertainment hotspots, and plenty of shopping. Natural materials and greenery abound, and the views sweep across Manhattan’s skyline, the Statue of Liberty and historic Brooklyn. LEED Silver-certified, New York’s #2 best-selling building in 2017 blends sustainable materials and practices with facilities such as 24-hour concierge service, a rooftop deck with garden plots and outdoor grills, a library, fitness center, children’s play room, secure bike storage, and parking available at Pacific Park BK . 550 Vanderbilt is also mere steps from Pacific Park’s 8 acres of park lawns, athletic fields, and dog runs.
Developer: Greenland Group, Forest City Ratner Partners
Architect: Cookfox
Marketing company: Nest Seekers International
550 Vanderbilt Avenue ©PropertyShark
3
Flushing Commons, Queens
Units sold: 141; Median sale price: $1,033,524
Part of the Flushing Commons development, 138-35 39 Avenue is a 148-unit luxury condo project in Flushing. Opened in 2017, the multi-phase development includes valet parking for 1,600 vehicles, a 62,000-square-foot YMCA, 164,000 square feet of medical and office space, 53,000 square feet of retail space, and a 1.5-acre outdoor community plaza. A second residential phase will add a further 450 condominiums to the #3 best-selling building in New York in 2017.
Developer: F&T Group, The Rockefeller Group, Aecom Capital
Architect: Perkins Eastman Architects
138-35 39 Avenue ©PropertyShark
4
One West End, Manhattan
Units sold: 133; Median sale price: $2,885,543
Developer: Elad Group, Silverstein Properties
Architect: Pelli Clarke Pelli Architects
Marketing company: Douglas Elliman Development Marketing
1 W End Avenue ©PropertyShark
5
The Boerum, Brooklyn
Units sold: 131; Median sale price: $1,781,938
Developer: Flank, The Carlyle Group
Architect: Flank, Hill & West
Marketing company: Corcoran Sunshine Marketing Group
The Boerum ©PropertyShark
6
50 West, Manhattan
Units sold: 122; Median sale price: $3,304,221
Developer: Francis Greenburger
Architect: Helmut Jahn
Marketing company: Time Equities Inc.
50 West Street ©PropertyShark
7
389 E 89, Manhattan
Units sold: 112; Median sale price: $1,293,766
Developer: Magnum Real Estate Group
Architect: Ismael Leyva Architects
Marketing company: Corcoran Sunshine Marketing Group
389 E 89 Street ©PropertyShark
8
Austin Nichols House, Brooklyn
Units sold: 98; Median sale price: $949,443
Developer: Kushner Cos, Livwrk, Rockpoint Group
Architect: Morris Adjmi Architects
Marketing company: 184 Kent Owner LLC
9
The Harrison, Queens
Units sold: 92; Median sale price: $906,243
Developer: Silvercup Properties
Architect: GF55 Partners
Marketing company: Modern Spaces
10
East West Tower, Queens
Units sold: 72; Median sale price: $634,573
Developer: Kenny Liu
Architect: Angelo Ng & Anthony Ng Architects Studio, PC
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