New & Notable: Prices Staying High

Posted by Noah Rosenblatt on February 20, 2007 at 12.54 PM

A: Here are a few select property's to go and check out it if it meets all your needs. The market is still very healthy right now and every time I go through these new listings every week I'm noticing that pricing by sellers is staying at the high end! In short, sellers are confident with higher asking prices and testing the waters given the surge in buyer activity.

320 West 89th Street; Apt: 5B

320-west-89th-manhattan.jpg

First Came on Market: 2/14/2007
Asking Price: $875,000
maintenance: $1,156 (just over $1/sft is good)
Size:1,100 SFT
PPSF: $795
Marketed By: Carolyn Zweben of Douglas Elliman

203 West 81st Street; Apt 4C

203-w-81st.jpg

First Came on Market: 2/15/2007
Asking Price: $1,695,000
maintenance: $1,893
Size: N/A
PPSF: N/A
Marketed By: Greg Kammerer of Corcoran

115 East 87th Street; Apt: 26E

115-east-87th.jpg

First Came on Market: 2/14/2007
Asking Price: $930,000 (high floor, renovated, and location make this stand out)
maintenance: $1,121 (ok for size)
Size: 1,000 SFT (JR4 probably could be converted to 2BR)
PPSF: $930
Marketed By: Patricia Palermo of Corcoran

Comments (1)

East 87th...the price looks good but something that strikes me here is if the apartment, being it's on the 26th floor, has a premium built in for "Southern Views", Related is building a tower on 86th street, and will likely block any views this apartment may have had to the south.

A search of North Facing units on 150 East 85th also reveals a firesale...

I've got a fever...

Posted by More Cowbell | February 20, 2007 3:48 PM

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