The balance of power at the top end of Manhattan’s housing market continues to tilt downtown. A newly built townhouse at 105–107 Bank Street is now under contract for more than $70 million, placing it among the most expensive residential sales ever south of 14th Street. The property first hit the market in February with a $75 million asking price with Matthew Lesser of Leslie Garfield.

Designed by Robert A. M. Stern’s firm and developed by RoundSquare, the six-story home spans roughly 13,000 square feet and combines two former walkups into a single residence. The developer acquired the properties for just over $18 million across 2021 and 2022, then rebuilt them into a 40-foot-wide townhouse with an elevator and a primary suite that occupies nearly 2,000 square feet. Inside, the layout is organized around a skylit elliptical staircase, while a restored cast-iron spiral stair—once part of the original structure—adds a link to the building’s earlier configuration.

The property also comes with a notable cultural lineage. John Lennon and Yoko Ono rented a top-floor apartment here in 1971, and the building has also been linked to longtime collaborators John Cage and Merce Cunningham.

The contract comes in just below the downtown townhouse record of $72.5 million, but points to a broader shift in where top buyers are concentrating. While Midtown’s Billionaires’ Row is still defined by supertall towers, demand at the highest level is increasingly favoring large, move-in-ready homes in lower Manhattan.

Here, move-in-ready went a step further. The buyer agreed to take the home fully furnished, purchasing everything from the primary pieces to the smaller finishing details. The interiors, created by designer Jason Saft, were conceived as a complete, lived-in environment rather than a conventional staging package.

Saft approached the project as a finished residence, with the goal of making the home feel immediate and livable. “The intention was to create something cohesive enough that a buyer could walk in and feel immediately connected to the space,” he told Robb Report. Nikki Field of Sotheby’s International Realty represented the buyer.

The home includes five bedrooms, a full-floor primary suite with dual dressing rooms and a private terrace, multiple additional terraces, and a garden-level kitchen with double islands. Other highlights include a screening room, fitness space with a sauna, and a 1,600-bottle wine cellar. The project also required approval from the Landmarks Preservation Commission, with developers preserving the historic facade while rebuilding the interiors from the ground up.

Click here to see more photos of the West Village townhouse