Condo Sales

Condominiums have become an increasingly significant part of Manhattan's luxury residential landscape — and the Upper East Side is home to some of the most coveted condo buildings in the city. From full-service white-glove towers to sleek new developments, condos offer a form of ownership that appeals to buyers who value flexibility, international investment potential, and fewer restrictions than their co-op counterparts.

The Stacey Froelich Team brings extensive experience representing both buyers and sellers in Manhattan condo transactions, with the market knowledge and relationships to navigate this segment with precision.

What Sets Condos Apart

Unlike co-ops, condominium buyers own their unit outright — a deed rather than shares in a corporation. This distinction has meaningful implications for financing, subletting, estate planning, and resale. Condos are generally more flexible: most allow subletting, and many are friendly to foreign national buyers who may not qualify for co-op boards.

Condos also tend to have a simpler purchase process. There's no board interview, and purchase applications are typically less invasive than co-op packages. What you will encounter is a right of first refusal — the building has the option to match any offer and purchase the unit itself, though this is rarely exercised.

The Upper East Side Condo Market

The Upper East Side condo market spans a wide range — from classic prewar buildings that were converted from rentals decades ago, to brand-new full-floor residences with panoramic park views. Price points, amenity packages, and building character vary significantly, and knowing which buildings represent genuine value — versus those carrying a premium for name recognition alone — requires current, granular market knowledge.

We track this market closely. We know the inventory, the buildings that are outperforming, and where we believe value exists today.

For Condo Buyers

New Development vs. Resale

New development condos offer the appeal of modern construction, contemporary layouts, and fresh amenities — but often come with sponsor pricing and common charges that may increase as the building matures. Resale condos offer an established track record, often lower closing costs, and immediate occupancy. We help buyers understand the tradeoffs and identify the right fit.

Closing Costs

Condo buyers in New York should be prepared for higher closing costs than in co-op transactions, particularly in new development. The Mansion Tax applies to purchases of $1M and above on a sliding scale, and new development purchases are also subject to a NY State transfer tax passed through from the sponsor. We help buyers understand and plan for these costs upfront.

For Condo Sellers

Pricing a condo correctly requires understanding not just the general market, but the specific competitive set within your building and the surrounding blocks. We conduct in-depth comparative analyses, advise on preparation and presentation, and implement targeted marketing strategies that reach qualified buyers — both locally and globally.

Condos attract an international buyer pool, and we understand how to market effectively to that audience through Compass's global network and our own referral relationships.

Why Work With The Stacey Froelich Team

• Expertise in both new development and resale condo transactions
• Global buyer reach through Compass's international network
• Deep understanding of closing costs, transfer taxes, and new development nuances
• 20+ years of exclusive focus on Manhattan luxury residential real estate
• $1.22B+ in career sales volume across 1,000+ transactions

Ready to get started? Contact The Stacey Froelich Team today.