High End Blues: 111 East 85th Street

Posted by Noah Rosenblatt on February 21, 2006 at 8.40 AM

nyc real estate

A: The latest in the high end blues saga brings me to 111 East 85th Street Cooperative where a sprawling 2,600 square foot 3 Bedroom / 4 Bathroom property is now asking $3.05M.

There are many growing families out there living in Manhattan that absolutely must be close to central park and be in a good school district (PS 6 in this case) at the same time. Buying a 3+ Bedroom Condo that is at least 2,600 square feet with these requirements could put you back a good $4-5M or so; check out this 3BR/4BTH Condo on 1049 Fifth Avenue asking $5.395M and almost 3x the monthly's. So, when a 3BR/4BTH Co-op between Park Avenue & Lexington Avenue on 85th Street gets a price chop of almost $500K, buyers in this market should know about it and take a trip over to check it out!

111 East 85th Street; Apt. 16DE

Size: 2,600 square feet
Maint/CC: $2,484
Price Per Sq. Ft.: $1,173
Originally Priced at $3.5M, Reduced to $3.05M on 2/14/2006

Price Reduced: $445K
Marketed By: Robin Foxx of Halstead

nyc real estate

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