Seems like not that long ago (2004) when I was selling SRO homes in Harlem for just north of $400k. Well those days are long over as the same homes go for nearly 4 times that amount now. With Whole Foods coming to 125th street, prices figure to rise even more in the next several years.
Curbed compiled a list of the 10 most expensive homes on the market right now in Harlem. Several are not surprisingly coming from the Circa Central Park condos as well as beautiful townhouses in Harlem’s historic districts.
Circa Central Park, the FXFOWLE designed condo at the Frederick Douglass circle is progressing with it’s construction. Currently, the South Harlem condo has 21 apartments on streeteasy of which 13 are in contract. The building will have 38 units total, many with views of Central Park.
Prices start at just over $1 million to nearly $9 million for a 3348 sqft(311m2) 5 bedroom/4bath aerie with outdoor space.
Circa Central Park South Harlem’s newest condo will have 38 units
According to listing site streeteasy, 13 of the 21 apartments on the market are in contract.
If you are looking for an apartment with a view of Central Park and also do not want to spend super luxury prices of $10mm or more, then perhaps looking at the northern edge of the park in Circa Central Park would be a good move. Circa Central Park is at the Frederick Douglass Circle and the north west corner of the park and will have 38 units. Many of the units will have views of Central Park views in this FXFOWLE designed building. The developer is the same one who did One Morningside Park aka 321 W 110th street which sold very quickly and had just short of 60 units.
Current availabilities range from just under $2m for a 2bd/2ba to $7.477 million for a 5bd/4.5ba with 2771 interior sqft plus a private terrace. The amenities include on-site parking, a study and tween room with Macs and game station plus a roof terrace and fitness center.
20 units are posted on streeteasy.com, 11 of which are in contract. Occupancy is expected in early 2017 for the tax abated condo located in South Harlem. Brown Harris Stevens is handling the marketing for the developer.
Circa Central Park- the new development condo being constructed by Artimus Construction at 285 West 110th street is progressing along in the construction stage. Sales have not begun yet at the 48 unit building located at Frederick Douglass Circle. For market rate apartments, prices will start at about $1 million. 10 units will be sold below market via a lottery system in the building being designed by FXFowle Architects. It will reportedly have 3 penthouses, high end finishes and a 2 story lobby as well as a common rooftop deck. Prices for a few 2 bedroom/2bathrooms on low floors are reportedly around $1.8 million with carrying charge of around $1100 per month not including the taxes which will be abated.
Circa Central Park, the building that is being constructed on Frederick Douglass Circle, is progressing nicely. Built by the same developer that brought to the market the successful One Morningside Park at 321 West 110th street, there will be a total of 78 units ranging from 1 to 5 bedrooms. Prices will start at $1.1 million and many of the homes will have panoramic views of Central Park.
Construction of 285 West 110th street aka Circa Central Park
321 West 110th street had 55 units and 2 bedroom/2bathrooms were sold for north and south of $2 million. Currently, there is one apartment available of just under 1400 sqft and it is asking $2.5 million. There are also two small studios for sale. One Morningside is just one avenue west of Circa Central Park and will directly influence the prices at the new building. Expect prices in the vicinty of $2000 per square foot.
Circa Central Park will have 1 to 5 bedrooms that start at $1.1 million
Circa Central Park will benefit from proximity to Central Park and Morningside Park, subway access and Harlem’s Restaurant Row.
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
