Noho NYC neighborhood profile

Noho whose borders run from Houston to E 8 street between Bowery and Mercer, is having its’ moment now according to NYT. According to data, prices have appreciated substantially in the last 4 years with 3 bedroom apartments appreciating  the most at 140% over their 2010 numbers.  Two bedrooms increased 59% in the last 4 years. These numbers though are skewed because most of what gets sold in the 2-3 bedroom range is new construction.

 

Offerings include 10 Bond street which is at the corner of Bond street and Lafayette has 8 of their 11 units in the market, ranging from $4.55mm to$7.75mm.  6 of the 8 units in the Annabelle Selldorf designed building are already in contract. Bond street is also the home of the Ian Schrager developed 40 Bond street which has 26 units spread of 11 stories and was built in 2006. Current availabilities include 2-1 bedrooms at $3.75 and $3.99mm respectively as well as a pair of 3 bedrooms for sale at $7.15mm and $7.95mm.