Manhattan, NY

Classic pre-war condominiums are available for purchase at Sabrina in the Upper West Side. These exciting UpperWe st Side Real Estate listings are known for their charm and elegance. Every Sabrina condo features vaulted ceilings, gorgeous hardwood floors and oversized windows. These windows provide fabulous views of the New York City skyline and let in plenty of natural light. These Upper West Side condos are equipped with new appliances in the kitchens.

SUNDAY OPEN HOUSE (2/12/2012)--Beautiful one bedroom at 242 East 25th Street New York New York 10010

242 East 25th Street building is a newly constructed building located conveniently in Kips Bay that is close to restaurants, cafe, grocery and transportation.

(One Bedroom/One Bathroom, approximately 712 Square Feet, Offering Price $559,000)

This South Facing one bedroom has floor to ceiling sundrenched windows, efficiency floor plan with generous closet space, stainless kitchen appliances and its own washer/dryer.

242 East 25th Street building has part time doorman, fitness center, roof deck and live-in superintendent to keep the building in excellent condition.

The building is perfect for parents buying for children, investor or someone who loves Downtown living. This is a condop (coop with condo rules), so there is no board interview and condo sublet policy.

Come to open house SUNDAY 2/12/2012 or Call today (917)837-8869 to schedule a showing today.

Greenwich Village One Bedroom Condo for Sale Market Report

Greenwich Village in New York City has and continues to be one of the most in demand neighborhoods. A rich cultural history, aesthetically pleasing tree lined streets, near to multiple universities, in the heart of downtown Manhattan, restaurants, shopping and entertainment all within a close distance. It’s also a neighborhood that is made up of predominantly cooperative apartments when it comes to Real Estate. For those looking for a condominium apartment, there really are not that many choices.

Condominiums for sale in Greenwich Village is one of those searches that are going to lead you to the same group of buildings and an even more focused search if you are looking for a new construction condominium in Greenwich Village or a Pre-war condo for sale in Greenwich Village. Those searches are even more focused to just a handful of buildings.

The One Bedroom Condo for sale in Greenwich Village is one of the most sought after types of searches that we continually receive from buyers. The location near NYU, Parsons, Stern Business School, SVA, make the neighborhood prime for the entry level 1 bedroom condo for sale market. New construction condominiums are very difficult to build within the neighborhood due to neighborhood building restrictions and limited development sites, so the condominium market is limited.

With this limit comes with it a tight supply, the built in high demand and the result is pricing for a One Bedroom Condo for sale is going to start in the $900,000 range and quickly go up from there.

Pricing and Inventory for One (1) Bedroom Condominiums for Sale in Greenwich Village :

As of the end of January 2012, I only see Eight (8) One Bedroom Condos for Sale in Greenwich Village. That is a tiny amount of inventory, when considering the market as a whole.

The pricing ranges on the low end of $1,150,000 up to $2,200,000. The range in pricing is reflected in the building the apartment is located in, the size of the apartment, views and the condition. I see condition playing a huge role in pricing right now. Move in condition or recently renovated apartments sell at a premium and sell quickly.
To give you an idea of the One (1) Bedroom Condominiums for Sale in Greenwich Village Market, in 2011 I see that approximately 25 apartments sold. The average price was a little more than $1,100,000 and the average price per square foot was about $1,300 sq/ft.
These numbers reflect a variety of types of apartment, so depending on your own individual search, pricing will vary.

If you are looking to buy for yourself, a family member or as investment a One (1) Bedroom Condominiums in Greenwich Village NYC and would like help with your search contact us today at (917) 837-8869 or email at Morgan.Evans(a)Elliman.com

Read other useful blog posts about Greenwich Village below.

Greenwich Village New York Condos near NYU (New York University)

Greenwich Village Prewar Condos

Gem-Greenwich Village Townhouses

Manhattan Townhouse Annual Market Report

This report uses market-wide data based on transactions that closed in 2011 and compares it to closings that took place in 2010.

2011 proved to be another solid year for townhouse sales. There were 201 Manhattan townhouse sales in 2011. Led by a surge of transactions Uptown, there were 106 single-family townhouse sales, a 10% increase compared to 2010.

Single-family townhouse average price increased 3% to $8.15 million. Due to this shift in market share Uptown, single-family median price declined 6% to $5.5 million and average price per square foot declined 5% to $1,546.

Traditional single-family townhouse submarkets like the Upper East Side, Upper West Side and Greenwich Village continue to attract ultra high-net worth purchasers willing to spend eight-figures. In 2011, there were 27 sales over $10 million, eight of which were over $20 million. In 2010, there were 28 sales over $10 million but only four of which were over $20 million.

There were 95 multi-family townhouse closings in 2011, only five sales fewer than 2010. Multi-family sales were down in every submarket except for Downtown, where they increased 26% due to increased demand over $5 million. Market-wide, multi-family average price declined 8% to $2.6 million while median price declined 9% to $1.5 million. The average size of a multi-family sale declined 4% to 3,828 square feet while average price per square foot declined by 5% to $676.

For the purposes of this report, we are defining multi-family townhouses as two- to four-family townhomes. This study presents information only on arms-length transactions (a sale between two unconnected parties). We excluded certain other types of sales, including: foreclosure or short sales, changes in legal status or ownership entity, properties that required gut renovation or demolition, bulk or investment sales, as well as townhouse condominiums in new development properties.

source: The Corcoran Townhouse Annual Report

As always, I will be tracking and reporting sub-market townhouse activity throughout 2012, and would welcome the opportunity to answer any questions you may have about the report or the market generally.

For the most comprehensive analysis of the Manhattan residential market, visit the Market Reports page of my blog at www.nycblogestate.com

Last night was our company Prudential Douglas Elliman Award show celebrating the hard work of top producers in the company.

The award was hosted in Cipriani 42nd Street, it is a beautiful venue with the perfect lighting to show off its high ceiling and architecture details.

We were awarded with Chairman Platinum Award by Prudential Douglas Elliman, this award is for top agents gross commission income over $450,000-$749,000 in the year of 2011.

We worked hard in 2011 for both sellers and buyers equally.

Sellers enjoyed working with us because of our aggressive marketing, efficient communication, and direct approach in setting the expectation of the successful selling process.

Buyers love working with us because we listen to their needs and we guide them every step of the way of this unique market place. We are constantly updating our buyers with market inventory availability and the best way to secure the home that they want in this competitive market.

We have sold all of our listings for our sellers, and we have sold in all neighborhoods in Manhattan New York. We sold condos to international investors, vacation home seekers, parents buying for children and other buyers who seek to have a condo in Manhattan New York.

If you are ready to purchase a condo in Manhattan New York, contact us today.