In a landmark transaction for New York City’s real estate sector, a condominium in Manhattan’s West Village has sold for $60 million, setting a new record for the most expensive apartment ever sold in downtown Manhattan. The property, located at 150 Charles Street, was sold by financier Harsh Padia and his wife, Purvi Padia, who had purchased it for $29.1 million in 2016. The buyer’s identity remains undisclosed.
Constructed around 2013, 150 Charles Street has attracted notable residents, including musician Jon Bon Jovi and actor Ben Stiller. The approximately 6,000-square-foot condo boasts five bedrooms and expansive terraces, features that significantly enhanced its market appeal. Eric Brown and Zeve Salman of Compass represented the buyer, while Jim St. André and Peter Zaitzeff of Serhant represented the sellers.
This sale underscores the escalating property values in downtown Manhattan, a trend previously observed primarily in Midtown’s Billionaires’ Row. The previous record for a downtown apartment was set in 2018 when private-equity executive Robert F. Smith purchased a property at the Getty building in Chelsea for approximately $59 million. However, townhouse sales have reached higher figures, with a Greenwich Village townhouse selling for $72.5 million last year. The overall record for a Manhattan property remains hedge-fund manager Ken Griffin’s $238 million condo purchase at 220 Central Park South in 2019.
This transaction highlights the robust demand for luxury properties in downtown Manhattan, reflecting a broader trend of high-value real estate investments in the area.
