The NYC Luxury Condos That Sold Fastest
Summary: Every new development says it's selling fast. We read the offering plans and checked them against the city's closing records to find the luxury buildings that really did sell out quickly, and what that means if you're shopping for a new condo.
The Top Ten
Waterbridge 47 leads the list. Every home closed in just 28 days. Here are the ten luxury buildings that sold out fastest.
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Waterbridge 47
47 Bridge Street · Brooklyn
3D massing, not a photo. The building is in green. Sold out in 28 days: all 25 homes closed between Dec 2, 2015 and Dec 30, 2015, at an average $1,418 per square foot, −5.8% against the developer's original price list.
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64 University Place
64 University Place · Manhattan
3D massing, not a photo. The building is in green. Sold out in 2 months: all 28 homes closed between Sep 11, 2024 and Nov 13, 2024, at an average $3,279 per square foot, +7.1% against the developer's original price list.
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151 East 78th Street
151 East 78th Street · Manhattan
3D massing, not a photo. The building is in green. Sold out in 2 months: all 14 homes closed between Feb 16, 2016 and Apr 19, 2016, at an average $3,173 per square foot, +2.8% against the developer's original price list.
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670 Union Street
670 Union Street · Brooklyn
3D massing, not a photo. The building is in green. Sold out in 3 months: all 14 homes closed between Oct 25, 2022 and Jan 10, 2023, at an average $1,638 per square foot, +17.7% against the developer's original price list.
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97 Waverly Avenue
97 Waverly Avenue · Brooklyn
3D massing, not a photo. The building is in green. Sold out in 3 months: all 10 homes closed between May 4, 2026 and Jul 27, 2026, at an average $1,322 per square foot, −2.6% against the developer's original price list.
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Alchemy
50-07 5th Street · Queens
3D massing, not a photo. The building is in green. Sold out in 3 months: all 17 homes closed between Jan 8, 2024 and Apr 12, 2024, at an average $1,447 per square foot, +3.1% against the developer's original price list.
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Seymour
261 West 25th Street · Manhattan
3D massing, not a photo. The building is in green. Sold out in 3 months: all 49 homes closed between Jan 28, 2016 and May 5, 2016, at an average $2,055 per square foot, +7.1% against the developer's original price list.
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755 Washington Avenue
755 Washington Avenue · Brooklyn
3D massing, not a photo. The building is in green. Sold out in 3 months: all 10 homes closed between Mar 17, 2026 and Jun 23, 2026, at an average $1,516 per square foot, +2.1% against the developer's original price list.
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The 101
101 East 2nd Street · Manhattan
3D massing, not a photo. The building is in green. Sold out in 4 months: all 22 homes closed between Mar 18, 2022 and Jul 11, 2022, at an average $1,939 per square foot, −5% against the developer's original price list.
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Sorting House
318 West 52nd Street · Manhattan
3D massing, not a photo. The building is in green. Sold out in 4 months: all 30 homes closed between Jul 17, 2017 and Nov 15, 2017, at an average $1,829 per square foot, +7.2% against the developer's original price list.
What This Means for You as a Buyer
The fastest sellouts are small buildings. The largest building in the top ten has 49 homes, and the typical one has 20, against 25 for luxury buildings that have sold out overall. Fewer homes means fewer closings to get through. If you're eyeing a small luxury building in a hot neighborhood, expect little room to wait and see.
| Largest building in the top ten | 49 |
|---|---|
| Typical top-ten building | 20 |
| Typical sold-out luxury building (90) | 25 |
"Typical" is the median. Luxury: buyers paid an average of $1,300 per square foot or more at closing.
Brooklyn is right up there with Manhattan. The top ten has 4 Brooklyn buildings, 5 in Manhattan and 1 in Queens.
Selling fast doesn't mean selling at a discount. 7 of the top ten closed above the developer's original price list overall. That's a sign demand ran ahead of the original prices.
Most luxury buildings take their time. The typical luxury building took 24 months to close its last apartment, longer than less expensive buildings (16 months). If a building has been selling for a while, you may have more room to negotiate, especially on the last few units.
What to Ask Before You Buy in a New Development
- How many apartments have closed, not just gone into contract? Closings are public; contract counts are the sales office's word.
- Has the price list changed? Developers file price changes as amendments to the offering plan. Rising prices mean strong demand, and falling ones mean room to negotiate.
- Does the developer still hold unsold units? A sponsor that owns many apartments has a big say in the building's board and budget.
You can look up any building's offering plan, price list and sales progress on The Condo Book Project. For a primer on the price list, see Schedule A and Schedule B explained.
FAQ
How can I tell if a condo building is really sold out?
Check closings, not contracts. When an apartment closes, the deed is recorded with the city and becomes public. A building is sold out when every apartment in its offering plan has closed.
What counts as a luxury condo in NYC?
There's no official definition. For this list, a building counts as luxury when buyers paid an average of $1,300 per square foot or more at closing. That's what buyers actually paid, not the asking price.
Why aren't some famous towers on the list?
Big towers usually take years to close their last apartments, and some developers rent out unsold units instead, so many never show as fully sold out.
How is sellout speed measured?
As the time from a building's first closing to its last. A building counts as sold out when every apartment listed in its offering plan has closed, and only buildings with at least 10 homes count. Closings only start once the building is finished, and most contracts are signed before then, so this measures how quickly the developer closed every sale, including any homes that still needed buyers.
Where does the data come from?
From NYC condo offering plans, whose Schedule A lists each apartment and its size, matched to deeds recorded with the NYC Department of Finance (ACRIS) through Sep 30, 2026. Contracts are private, but once a sale closes the deed goes on public record. Pictures are 3D massing drawings, not photos. Updated as of Oct 19, 2026.
Related: What Makes a Manhattan Condo Luxury? · The SoHo Condo Market