The construction at 2230 Broadway the Friedland Properties building rising at the corner of West 80th street and Broadway on Manhattan’s upper west side is moving along. It will have 3 floors of retail on the lower levels and apartments above. It is unknown if it will be condos or rentals at this time.
Let’s say you are ready to purchase an apartment on the Upper West side with at least 3 bedrooms. Inventory is still on the low side. After doing a few searches on listing site streeteasy.com I came up with the below numbers. All of the below numbers indicate at least 3 bedrooms except where noted and the price range selected was between $3 – $4.5 million.
19 condos in the Lincoln Square section of the Upper West side
11 more listings in the UWS
8 listings with at least 4 bedrooms on the UWS
15 co-ops in Lincoln Square
9 co-ops UWS
5 co-ops on the UWS of which have at least 4 bedrooms
The range of offerings was from the luxury buildings on Riverside boulevard in Lincoln Square with tons of amenities to the Lincoln Towers co-op complex where your dollar goes further.
Only about 25% of the apartments in either co-op or condo segment up to $4.5 million had at least 4 bedrooms. Most new construction or recent conversions starts a little bit above this range.
952 Columbus avenue is already almost topped off. The 6 story building condo will have 15 units with a church on the ground floor. Listing site Streeteasy.com shows 11 units for sale and 9 in contract in less than 3 months. Affordable luxury sells and sells well. The units range in size from 1 to 3 bedrooms.
Central Park saw 9 inches of snow today as schools were closed and many people smartly stayed home. According to the Mayor, everything should be back to normal by tomorrow.
A high floor 1 bedroom/convertible 2 bedroom has entered the rental market. The 1 bedroom condo in the sought after 400 Central Park west condo has a 19′ terrace with southern views of Central Park and the Midtown skyline. There is plenty of customization in the renovation that took place and even an interior bedroom that can be a nursery. See the gallery below. Asking rent is $4000 and is available 3/1.
It started snowing around 10am but by 12pm it had stopped cold. No pun intended. Looks like an inch or less but there is still the prospect of some afternoon snow. Take a look at these photos taken early this morning in Central Park near West 100th street on Manhattan’s upper west side.
If you are thinking of buying on Manhattan’s upper west side, maybe you should take a look at 370 Central Park west. The 6 story co-op at the corner of West 97th street and Central Park west is a small building with a lot to offer. 370 CPW has a great staff, is pet friendly, well managed and has an interior garden for residents. The building is full of charm and some of the apartments have wonderful details like moldings, casement windows, and even fireplaces.
Unfortunately, the only availability in this boutique building with just over 70 residences is a rental for $5700 per month. Having been in several of the apartments, I would recommend to get something on the sixth floor if possible because of the high ceilings or an apartment with a view of the park. Those do not come up that often so if it does, get ready to pounce on it!
The Church site at West 96th street and Central Park west has remained dormant since the variance was denied so that it could add extra windows. They were seeking to convert this landmark church to condos after purchasing it in 2014 for $26 million. Condos on Central Park west are a rarity and the success of 360 CPW points to this being a successful one if it ever happens.
The Ivy Park condo has 5 of the 8 apartments listed on streeteasy.com in contract. The new condo will have a total of 15 units and prices start just under $900k. Located at 107th street and Columbus avenue, Ivy Park will have a courtyard, roof deck and in unit washer/dryers. Prices are a blended $1337 per square foot. This pricing and mix of units is aimed directly at the affordable luxury market which is under supplied and as a result 5 units are in contract in less than 2 months on the market.
So much talk about this being the dead time of the year for rentals yet some well priced apartments do rent. A 1 bedroom apartment with an 18′ foot south facing terrace in a full service building with gym, laundry, 24 hour attended lobby and many other amenities was rented for $3,200. Priced below the market to garner a quick rental, it lasted less than 6 weeks on the market even though it listed for rent during the holiday time.
