
Three-bedroom apartments have long been in demand in New York City, and it shows: According to a recently released report by Brown Harris Stevens, three-bedroom apartments account for over one-third of new development market demand on the Upper East Side. But of the 71 new development three-bedroom listings currently on the market on the Upper East Side, only 17 are priced below $4 million.
Four of them are located in The Treadwell, a new development that has garnered significant attention and sales over the year and a half since sales launches (over 75% sold as of this writing). One factor in its popularity is its soaring yet contextually sensitive design that rose in place of the "tower on stilts" initially proposed for the site just outside the Treadwell Farms Historic District. However, this is not the only component: The project also includes The Flats, a collection of floor-through three-bedroom residences in a five-story, townhouse-inspired building connected to the larger tower.
Residents of the units in The Flats enjoy excellent privacy, high-end finishes and appliances, private terraces, access to The Treadwell's amenities, and complimentary one-year memberships to concierge medical service Sollis Health. However, the views cannot compare to those in the main tower. Perhaps this is why two units in The Flats collection experienced price reductions.
Four of them are located in The Treadwell, a new development that has garnered significant attention and sales over the year and a half since sales launches (over 75% sold as of this writing). One factor in its popularity is its soaring yet contextually sensitive design that rose in place of the "tower on stilts" initially proposed for the site just outside the Treadwell Farms Historic District. However, this is not the only component: The project also includes The Flats, a collection of floor-through three-bedroom residences in a five-story, townhouse-inspired building connected to the larger tower.
Residents of the units in The Flats enjoy excellent privacy, high-end finishes and appliances, private terraces, access to The Treadwell's amenities, and complimentary one-year memberships to concierge medical service Sollis Health. However, the views cannot compare to those in the main tower. Perhaps this is why two units in The Flats collection experienced price reductions.
-5.2% | -$200,000
The Treadwell, #3D
$3,650,000
Lenox Hill | Condominium | 3 Bedrooms, 3.5 Baths | 2,104 ft2

The Treadwell, #3D (Brown Harris Stevens Development Marketing LLC)

In this article:
Almost directly opposite Central Park from The Treadwell, the West 67th Street Artists' Colony Historic District comprises eight buildings lining West 67th Street that combined artists' studio space with living quarters. Over the years, they attracted the likes of visual artists Norman Rockwell, Marcel Duchamp, Leroy Neiman, Howard Chandler Christy (whose art is still on display in The Leopard at Des Artistes), and James William Fosdick (whose work may be seen in the Smithsonian).
Decades later, many units retain their grand proportions and original architectural details, but tend to attract a highly specific clientele. It is against this backdrop that two units at Hotel des Artistes and one at The Atelier, which was once owned by Mr. Fosdick, had their prices reduced.
Decades later, many units retain their grand proportions and original architectural details, but tend to attract a highly specific clientele. It is against this backdrop that two units at Hotel des Artistes and one at The Atelier, which was once owned by Mr. Fosdick, had their prices reduced.
These units were among over 300 condos, co-ops, condops, and townhouses in core New York City neighborhoods that experienced price reductions from May 6-12, 2025. They are among a selection of notable listings below, and a full chart of last week's price reductions may also be seen. Please be advised that all quoted figures reflect cumulative price cuts as opposed to the most recent reductions.
-12% | -$3,000,000
The Sohmer Piano Building, #PH
$22,000,000
Flatiron/Union Square | Condominium | 5 Bedrooms, 4.5 Baths | 5,777 ft2

The Sohmer Piano Building, #PH (Sothebys International Realty)



-15.4% | -$2,000,000
234 Clinton Street, #TH
$10,995,000
Cobble Hill | Townhouse | 6+ Bedrooms, 5.5 Baths | 6,000 ft2
234 Clinton Street, #TH (Compass)




-12% | -$955,000
111 East 19th Street, #TH
$6,995,000
Gramercy Park | Townhouse | 4 Bedrooms, 4.5 Baths | 4,917 ft2

111 East 19th Street, #TH (Sothebys International Realty)




-16.5% | -$1,175,000
412 East 89th Street, #TH
$5,950,000
Yorkville | Townhouse | 6+ Bedrooms, 4 Baths | 4,290 ft2
412 East 89th Street, #TH (Brown Harris Stevens Residential Sales LLC)



-13.9% | -$805,000
51 Jay Street, #PHE
$4,995,000
DUMBO | Condominium | 4 Bedrooms, 4.5 Baths | 3,016 ft2

51 Jay Street, #PHE (Compass)


-10% | -$550,000
923 Fifth Avenue, #15B
$4,950,000
Park/Fifth Ave. to 79th St. | Condominium | 2 Bedrooms, 2 Baths | 1,200 ft2

923 Fifth Avenue, #15B (Sothebys International Realty)


-9% | -$470,000
The Chelsea Mercantile, #PHA
$4,780,000
Chelsea | Condominium | 3 Bedrooms, 3 Baths | 2,185 ft2

The Chelsea Mercantile, #PHA (CORE Group Marketing LLC)


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-7.2% | -$300,000
The Treadwell, #2D
$3,850,000
Lenox Hill | Condominium | 3 Bedrooms, 3.5 Baths | 2,141 ft2

The Treadwell, #2D (Brown Harris Stevens Development Marketing LLC)


-8.8% | -$350,000
123 Prince Street, #1
$3,650,000
SoHo | Cooperative | 3 Bedrooms, 2.5 Baths | 2,400 ft2

123 Prince Street, #1 (Douglas Elliman Real Estate)

-16.9% | -$600,000
Trump World Tower, #52C
$2,950,000
Turtle Bay/United Nations | Condominium | 2 Bedrooms, 2.5 Baths | 2,063 ft2

Trump World Tower, #52C (Olshan Realty Inc)

-13.2% | -$450,000
35 Sutton Place, #3C
$2,950,000
Beekman/Sutton Place | Cooperative | 3 Bedrooms, Unknown Baths

35 Sutton Place, #3C (Sothebys International Realty)


-6.7% | -$200,000
Hotel des Artistes, #506
$2,790,000
Central Park West | Cooperative | 2 Bedrooms, 2.5 Baths

Hotel des Artistes, #506 (Brown Harris Stevens Residential Sales LLC)

-58.4% | -$3,795,000
53 West 53, #20C
$2,700,000
Midtown West | Condominium | 1 Bedroom, 1 Bath | 1,428 ft2

53 West 53, #20C (Redfin Real Estate)
-11.9% | -$350,000
The Atelier, #6FE
$2,600,000
Central Park West | Cooperative | 3 Bedrooms, Unknown Baths

The Atelier, #6FE (Sothebys International Realty)


-13.3% | -$345,000
The Collection, #3001
$2,250,000
Financial District | Condominium | 2 Bedrooms, Unknown Baths | 1,579 ft2

The Collection, #3001 (Sothebys International Realty)


-20.1% | -$376000
330 Grand Street, #2B
$1,499,000
Lower East Side | Condominium | 2 Bedrooms, 2 Baths | 1,012 ft2

330 Grand Street, #2B (Serhant)

-26.5% | -$430,000
The Sycamore, #PHA
$1,195,000
Gramercy Park | Condominium | 2 Bedrooms, 2 Baths | 1,594 ft2

The Sycamore, #PHA (Brown Harris Stevens Residential Sales LLC)



205 East 78th Street, #10R (Douglas Elliman Real Estate)

-13.4% | -$154,000
15 Charles Street, #6G
$995,000
Greenwich Village | Condominium | Studio, 1 Bath | 500 ft2

15 Charles Street, #6G (Compass)

-8.6% | -$75,000
The Chauncey, #PH4
$800,000
Bedford-Stuyvesant | Condominium | 2 Bedrooms, 2 Baths | 800 ft2

The Chauncey, #PH4 (Compass)

-10.7% | -$96,000
Ageloff Towers, #7A
$799,000
East Village | Cooperative | 1 Bedroom, 1 Bath

Ageloff Towers, #7A (Douglas Elliman Real Estate)

-1.8% | -$14,000
Fabric Astoria, #403
$775,000
Astoria/LIC | Condominium | 1 Bedroom, 1 Bath | 691 ft2

Fabric Astoria, #403 (MNS)

-13.4% | -$100,000
Connaught Tower, #15C
$649,000
Midtown East | Cooperative | 1 Bedroom, 1 Bath | 700 ft2

Connaught Tower, #15C (Corcoran Group)

-5.3% | -$29,000
The Pembroke, #10G
$520,000
Lenox Hill | Cooperative | 1 Bedroom, 1 Bath

The Pembroke, #10G (Douglas Elliman Real Estate)

Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?