Manhattan Residential Apartment Sales | May 10-16, 2026

The Manhattan residential apartment market recorded 136 closings over the past week, including 20 high-end transactions above $3.9 million. Total dollar volume reached roughly $313 million, helped by several large super-luxury closings, led by the $28.7 million penthouse at The Henry on the Upper West Side’s Broadway Corridor.

As in the prior week, new development condos led the top of the market, with the three priciest sales all closing in newly constructed buildings designed by Robert A.M. Stern Architects. The Henry sale was the Upper West Side’s second most expensive transaction of the year, behind only a $50.7 million closing at One Central Park in January.

Overall sales volume declined sharply week over week, with 136 recorded transactions, down from nearly 200 the week before. However, the drop may partly reflect a lag in reporting by the NYC Department of Finance, as contract activity has remained robust over the past several weeks.

The median condo sale price was $1.9 million, with a median condo price per square foot of about $1,569 among units reporting square footage, while the median co-op sale price was approximately $895,000. Co-ops made up just over half of all closings, but condos drove the high end of the market and accounted for most of the week’s dollar volume.

Similar to recent contract activity, the geography and product mix at the high end were unusually diverse, spanning new development condos, classic Gold Coast co-ops, and Downtown lofts. Lenox Hill recorded the highest number of transactions and the core of the market remained concentrated below $1.5 million, where co-ops and smaller condos continued drove activity.