Elegran Monthly Round-Up: January 2018
Manhattan real estate prices fell in January and the total sales volume dropped 12 percent compared to January 2017. Despite this, Elegran agents were still able to close multiple multi-million dollar deals last month, setting the tone for a strong 2018. They were also able to secure some beautiful new listings for February, from a spacious 3-bedroom home in Tribeca to a charming 1-bedroom apartment in Cobble Hill.
Neighborhood: Upper West Side
Building: The Astor
January Deals Closed For: $3,775,000
Whether you’re looking for ample parks, easily accessible grocery stores, or trendy bars and restaurants, the Upper West Side is one of the few parts of NYC where you can easily find it all within short walking distance. There’s a reason Hollywood loves to feature the tree-lined streets of this iconic NYC neighborhood, and it’s because it’s the perfect example of what people look for in their dream NYC homes.
Last month, agent Andrew DiDomenico sold a $3,775,000 home in The Astor at 235 West 75th street. This remarkable development consists of three towers that span across an entire block, offering pre-war style mixed with modern luxury conveniences. The beauty of this building begins with the stunning Clinton & Russell facade and continues into the lobby with restored mosaic tiled stone floors, walls, and plaster crown moldings. There is a 24-hour concierge, private storage, and a fitness studio with state-of-the-art cardio and conditioning equipment.
Neighborhood: East Village
Building: Steiner East Village
January Deals Closed For: $2,645,000
Changes are coming to the East Village, as new developments continue to rise and more New Yorkers look to make the move from uptown to downtown. As new buildings surface, they’re bringing with them eclectic food and shopping options like The Market Line, a 150,000 square foot upscale bazaar that will include a number of exciting vendors like a Chinatown tea parlor and a craft kombucha market.
In January, agents Thomas Duger and Christa Chi closed a $2,645,000 deal in the Steiner East Village. The welcoming building features $8,000 square feet of foliage in the garden, a beautiful rooftop park, and a 50’ long pool, along with a host of other amenities. The residencies have seven-inch-wide plank European white oak flooring, luxurious marble bathrooms, custom Italian cabinetry in the kitchens, and more.
Building: 101 Warren
January Deals Closed For: $2,400,000
February Listing Total: $5,950,000
Building: The Sterling Mason
Tribeca is all about style. Whether it’s the upscale shops and bars that populate the streets or ultra-luxury condominiums, New Yorkers know that if you’re looking for the epitome of Manhattan style, you should head downtown to Tribeca. This is why it’s no surprise that Tribeca has seen its home prices rise by 29 percent in the past five years, as NYC residents vie to call this area home.
In early 2018, agents Anna Carlson and Christa Chi sold a $2,400,000 apartment at 101 Warren Street, a Skidmore, Owings & Merrill designed building that takes up nearly an entire block. Inside, are homes with floor-to-ceiling windows that provide beautiful downtown views, high ceilings, and some even have double-height outdoor spaces. Residents of 101 Warren enjoy a fitness center and spa, attended parking, a children’s playroom, and more.
In February, agents David Ghoneim and Vincent Pergola secured a stunning 3-bedroom listing in The Sterling Mason, a modern building that highlights the best of contemporary Tribeca while paying homage to its stylish past. Apartment 2-F boasts wide-plank oak wood floors throughout, high ceilings, kitchens with marble countertops, walnut cabinets, and appliances from Sub-Zero, Miele, Viking, and Wolf, en-suite bathrooms in each of the bedrooms, and much more. All in a building that offers a doorman and concierge, a private fitness room and yoga studio, children’s playroom, and underground parking.
The Sterling Mason, 2-F
Neighborhood: Midtown South
Building: 325 Fifth Avenue
February Listing Total: $1,450,000
Midtown South is the perfect neighborhood for people who truly love the institutions that made NYC famous. From the Empire State Building to Bryant Park and nearby Times Square, this area has it all. It also offers fast, easy access to uptown and downtown, making a commute to almost anywhere in the city a breeze.
This month, Elegran agent Andrew Didomenico is representing a spacious 1-bedroom condo in 325 Fifth Avenue, a full-service luxury building in Midtown South. This apartment features a windowed chef’s kitchen with state-of-the-art appliances and a living room that opens up onto a large balcony where you can take in gorgeous city views while enjoying your morning cup of coffee. The building includes the famed "Fifth Avenue Club,” which includes a pool and jacuzzi, fitness center, sauna, massage room, yoga studio, children’s playroom, screening room and more.
325 Fifth Ave, apartment 20-D
Neighborhood: Central Harlem
February Listing Total: $1,790,000
Central Harlem has been considered an NYC cultural hub for decades, known as the birthplace of the Harlem Renaissance and the art, poetry, and music that were a part of it. The area has changed dramatically over the past few years and is now known for its tree-lined streets, convenient public transportation options, and modern must-haves like Whole Foods. Despite the changes, this area still maintains its culture, history, and charm.
This month, agents Brett Michaels and Daniel Chun are representing a unique listing in Central Harlem, at 13 East 128th Street. This is a 19.33 x 100-foot lot that features 6,600 square feet of buildable floor area, with already-approved plans for a six-story townhouse from architect Remy Issac of Issac & Stern Architects that boasts a light brick facade and spacious apartment layouts. It’s located between Madison and Fifth Avenues near many shops and restaurants as well as subway stations.
Neighborhood: Cobble Hill
Building: 240 Baltic Street
February Listing Total: $829,000
Cobble Hill is a prime example of why New Yorkers have been flocking to Brooklyn in recent years. This charming neighborhood features rows of brownstones on beautiful streets and scores of mom and pop stores and cafes that offer small-town charm with big city conveniences. Getting into Manhattan is easy on the 2,3,4,5 or F and G trains, and the only downside of this neighborhood is that it’s rare to find a home on the market to call your own since it has such low turnover rates.
Daniel Chun and Leah Jacobs have a listing at 240 Baltic Street in Cobble Hill. Apartment 1 is in a beautiful pre-war building with impeccable classic features like the original hardwood floors, a clawfoot tub, and a spacious deck with a lush private garden rich with perennials, a magnolia tree, and Easter lilies, hydrangeas, and rhododendrons in the spring. The kitchen was recently renovated and includes modern, energy efficient appliances, and a floating buffet and built-in bar.