467 Central Park west aka The Warner, is a prewar condo which makes it a rarity but even more rare in that it is on Central Park west. The 99 unit pet friendly building at the corner of West 107th street and CPW, has a live-in-super, a bike room, laundry room and storage room. Availability is the problem. Currently, there are only 2 apartments for sale! There is a 1 bedroom asking $700,000 and a studio asking $595,000.
Many of the apartments in the building have Central Park views. The most recent sale was apartment 12D, a 736 sqft 1 bedroom that sold for $930,000 in October of last year. So if you are thinking of buying in 467 Central Park west, patience will be key.
The Author- Brian Silvestry , a licensed real estate broker, has been selling residential and commercial real estate since 1999. He has sold in every neighborhood from Battery Park City to Washington Heights.
If you are thinking of buying on the Upper west one of the most desired building is within the postwar Park West Village. It is located at the corner of Central Park west and 100th street. The building features studios to 2 bedrooms (540 sqft(50m2) to 1140 sqft(105m2)). There are 1 bedrooms and 2 bedrooms with balconies. Apartments face either north or south due to the building being sideways on Central Park west and the 2 bedroom apartments have a second exposure either west or east.
Inside the building, there is a full time concierge, live-in-super, on site property manager, exercise room, children’s playroom, and laundry. Bike storage, storage and parking are also available on a wait list basis with parking in the outdoor parking lot going for only $204 per month! It takes about 1 year to get a space in the 400 Central Park west parking lot as of this time.
Best of all, 400 Central Park west has very low monthly charges. A 2 bedroom/2 bathroom which might sell for between $1.6-$1.9 million will have a common charge of about $900 and taxes around $400. For this reason, there are a limited number of apartments for sale in 414 unit building. Owners tend to purchase and stay or hold their properties long term.
The building also shares a playground with the neighboring buildings plus there is another playground inside Central Park at West 100th street. Many of the southern facing apartments have wonderful views of the Park and a Citi bike station is located across the street at Central Park west and West 100th street on the park side of the street.
The Author- Brian Silvestry , a licensed real estate broker, has been selling residential and commercial real estate since 1999. He has sold in every Manhattan market from Battery Park City to Washington Heights.
The Extell Development company has started construction on their Upper East side luxe 30 story tower and they are up to about the 4th floor. The building with be full of amenities including Camp Kent, a luxe children’s playroom. The Kent NYC will have 83 units and 9 units are showing as available on their site ranging in price from $2.457 mm to over $9mm for a 5bedroom/5 bath 3564 sqft 20th floor offering.
This is an excellent location at the corner of 95th street and 3rd avenue and the development will try to piggyback on the success of Carnegie Park, Related’s condo conversion one block away at 200 East 94th street. The Related condo, however had much lower prices and took advantage of the dearth of inventory catering to the affordable luxury market.
Do you think this part of the Upper east side is ready for Extell’s luxe development? See pictures below of latest construction from just over this weekend.
If you are thinking of buying in Midtown west, take a look at Worldwide Plaza. This condo was built in 1988 by William Zeckendorf Jr and occupies an entire city block from 49th to 50th street between 8th and 9th avenue. There’s a 39 story tower on West 50th street, a 7 story tower on West 49th street, a 40 story office tower, a few townhouses and a public square.
2 laundry rooms per floor
many subway lines
Access to the Theatre Distric, Times Square, Rock Center…
Some of the interior hallways and lobby give a hotel like feel and monthly charges are a touch high but not ridiculous given the amenities.
Current availabilities range from $569k for a 375 sqft studio to a reasonable $1,820,000 for a 2bd/2ba in 350 W 50 street.
Rentals range from $2400 for a studio up to $7200 for a 2bd/2ba with 3 other 2 bedrooms available from $4600 to $5800.
Monthlies are a little on the high side averaging around $2.85 per sqft. So a 1000 sqft apartment will run you around 2800 per month in taxes and common charges.
80 Central Park west, the postwar co-op that sits on the corner of 68th street in the Lincoln Square area of the Upper West side has only 3 of it’s 172 units available for sale. Given that the building, which stands at 24 stories, is so well located, it is not surprising that 2 of those 3 units are in contract. The only available apartment is a 17th floor offering with views of Central Park as well as the midtown skyline. The apartment has monthly maintenance of just shy of $1700 and appears to be about 800-900 sqft. It is being offered for $1,875,000.
This pet friendly building has an impressive lobby, 24 hour doorman, live-in-super, garage, central air conditioning, laundry and bike storage. The building features studios to 3 bedroom apartments. In 2015, there were 2 sales and not surprisingly both of those apartments sold over their initial ask.
8C- 1bd/1.5 bath ask $1.15 million sold $1.395 million
8E 1bd/1.5bath ask $1.55 million sold $1.595 million
In 2014, 11 apartments changed hands ranging from a studio for $585k to a 2bd/2ba for $5.75 million. That apartment, 14B, was extensively renovated and had almost 32 feet of frontage on Central Park with a wraparound balcony.
Perhaps what is most interesting about this building besides that many apartments come with terraces is the way it is a postwar building in the middle of the historical district of the Upper West side where there are many classic prewar buildings. As a result, prices are not astronomical as compared to some of it’s neighbors both north and south.
For me ,this building reminds me a little of the Park Ten at 10 West 66th street which was built around the same time and has a lovely lobby and a garage as well.
The Dorilton at 171 west 71th street on Manhattan’s upper west side is one of the most beautiful buildings in Manhattan. Built in 1902 and designed by Emery Roth, this Beaux Arts prewar co-op features 57 units over 13 floors. The building was maligned in its time for being too ornate. The building features include a 24 hour doorman, laundry in building, roof deck, and basement storage. It sits at the corner of West 71st street and Broadway where you will find Trader Joe’s, The Gap,Coach,Brooks Brothers, Hugo Boss and Gracious Home all within walking distance. Currently, there is some facade work going on.
Availabilities are limited to one duplex that is for sale for $9.2 million and is in contract. Apartments are known for their beamed ceilings and fireplaces.
The Schwab house at 11 Riverside drive is a massive postwar co-op built in 1951 and converted to co-op in 1984. Located between 73rd and 74 street, there is an entrance on Riverside drive and an entrance on West end avenue as well. The building features a roof deck, exercise room, children’s playroom and garage.
Current availabilities in this pied-a-terre friendly building range from a studio for $450k to a 3 bedroom/3bath that is asking $2.85 million. According to Streeteasy, 5 of the 7 listings are in contract. The apartment for $2.85 million took less than 1 month to go to contract and had direct river views.
275 West 96 street is a condo building that sits at the corner of 96th street and Broadway and was built in 1983. It has a swimming pool, health club, children’s playroom, and garage among it’s amenity package. The Columbia is 32 stories high with 320 units and was developed by William Zeckendorf Jr.
Many of the apartments have baconies and views of the Hudson. Current availabilites include two apartments-a 1 bedroom for $949k and a 2bd/2ba for $1,500,000. Common charges and taxes combine for a normal $2 per square foot especially given the large amount of amenities.
Rentals are available at $3500 for a 1 bedroom and slightly more than $5k for 2bd/2ba.
415 Central Park west is a prewar co-op built in 1926 with 17 stories and 92 units. This doorman building is located at the corner of 101 street and Central Park west. Some of the larger apartment have direct park views and the building amenities include laundry and a childrens’ playroom.
As part of our continuing series of taking a look at buildings in Manhattan, today we turn our attention to the Strauss Park, a 22 story, 64 unit condo on the Upper West side at the corner of 107 street and Broadway. It is comprised mainly of 2 and 3 bedroom apartments with a couple of combination units which are even larger. Originally called the Opus condo when it was first built, the building has a unique rounded edge kind of like the bow of ship.
The building took it’s name from the small park that is in front of it on Broadway. Riverside Park is also nearby as are tons of restaurants and of course the subway which is on 110st and Broadway just 3 blocks away.
Currently there are two 3 bedroom apartments available both with 2.5 bathrooms. 11D is asking $2.195mm and 10D is asking $2.189mm.
News about the NYC real estate residential and commercial markets provided and interpreted by an industry veteran licensed since 1999. Brian Silvestry of BSRG Inc. Licensed real estate broker