A lot of buyers love new constructions and new condo conversions, because they are brand new, luxurious and have many amenities such as a swimming pool, sauna, health club, lounge, game room and beautifully landscaped rooftop deck and so on. In addition, some buildings even have rock climbing walls and golf range simulators.
The Manhattan condo prices vary mostly depending on the location, the view and the amenities. Condos on Fifth avenue, Central Park South and Central Park West on and near 59th Street are one of the most expensive condominiums in Manhattan. And condos in Soho and Greenwich Village are also considered to be one of the most expensive homes in NYC.
For example, a 937 sq ft 1 bedroom/1 and a half bath condominium with a spectacular view of Central Park at Trump Parc East, 100 Central Park South was sold at around $2.7M in 2011. It cost $2880 per sq ft and is one of the highest per square foot 1 bedroom units in Manhattan. This condo is not even new construction. It was converted to condominium in 1997. For information on the price range by neighborhood, please visit RealEstateSalesNYC.com – Upper East Side Condos, Upper West Side Condos and RealEstateSalesNYC.com – Midtown Condos, Downtown Condos
If you want to know about brand new condo prices, median price is approximately $1500 per sq ft, which is about 30% higher than existing condos. There are affordable brand new condos in the upcoming areas in Manhattan and some of them are approximately $1,000 per sq ft. Call Kelsey Uh today before they are sold out. Direct (646) 807-8511.
All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description.
