Primetime above 40

Let’s take one last look at our subject property, One Manhattan Square, before we catch the nearby helicopter to our cottage in the Hamptons. (Wouldn’t that be nice! )

The first question I have is: What is the value of being higher up? That is—what is the price premium as we examine higher floors?

To address that, I’ve aggregated floors in bands of 10 and looked at the average price increase to jump to the next band. The results are interesting:

• Floors 01–10 → Baseline

• Floors 11–20 → +$105,820

• Floors 21–30 → +$149,150

• Floors 31–40 → +$245,141

• Floors 41–50 → –$85,037

• Floors 51–60 → +$173,629

• Floors 61–70 → +$581,691

• Floors 71+ → +$307,020

Did anyone see that dip between floors 41–50? That’s right—it looks like there’s potential value to explore within this range. (Admittedly, I don’t know precisely why.)

What I can say—particularly for lines A–C—is that these face the Manhattan Bridge, so the prime views emerge above the 40th floor, clearing the bridge traffic from the direct sightline.

Oh, what’s that? The helicopter is leaving? (“Run, go, get to the chopper!”)

Let’s offer some final observations:

1BRs dominate in overall volume, with most falling between $1.25M–$1.42M and $1,700–$2,000/SqFt.

2BRs range more widely—from ~$1.65M to over $2.3M, depending on view and line.

Price per square foot generally climbs with better views (line) and higher floors.

East River and Harbor-facing lines (H–M) command a clear premium, especially on higher floors.

Since 2018, there’s been relative price stability, with slight increases in top-tier units and softening at mid-tier levels.

Connect with Alex to unlock 10002, NYC, and the Empire State.