Mayoral candidates Ray McGuire and Shaun Donovan were all over the headlines recently, but not for the reasons they might have hoped: Both men vastly underestimated the cost of buying a home in Brooklyn. Mr. McGuire guessed that the median sales price in Brooklyn was $100K, while Mr. Donovan’s guess was $80K to $90K. According to appraiser Jonathan Miller, that might have been true 40 years ago - he told Crain’s New York Business that the last time the Brooklyn median price was $100,000 was the early 1980s.
Fellow candidate Maya Wiley guessed $1.8 million was the median price of a Brooklyn home; when provided with the overall median price of $900K for homes of all types, she said, “In some neighborhoods, it’s a lot higher.” Perhaps Ms. Wiley was thinking in terms of condos instead of co-ops - condos are typically priced higher than co-ops, and a look at condo prices alone puts Brooklyn at a median price of $1.15 million, or $1,118 per square foot (figures per CityRealty data).
Fellow candidate Maya Wiley guessed $1.8 million was the median price of a Brooklyn home; when provided with the overall median price of $900K for homes of all types, she said, “In some neighborhoods, it’s a lot higher.” Perhaps Ms. Wiley was thinking in terms of condos instead of co-ops - condos are typically priced higher than co-ops, and a look at condo prices alone puts Brooklyn at a median price of $1.15 million, or $1,118 per square foot (figures per CityRealty data).
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Condos Priced at their Local Median in NYC's 10 Priciest Neighborhoods
From the Listing: This spectacular home, located in the most desirable Noho location, offers authentic loft living integrated with the modern luxuries expected from today's discerning buyers.
A key-locked elevator opens directly into this dramatic space. An expansive great room is flanked by a wall of oversized, Eastern-facing windows allowing incredible natural light to stream in. There is a chef's kitchen, open to the entertaining space, with top-of-the-line appliances, a large island, and ample storage. The primary suite features an enormous, custom-designed, walk-in closet, a luxurious marble ensuite bath, and a windowed bonus room, perfect as a sitting room, office or nursery. The second bedroom is generous in size and has excellent closet space. There is a spacious laundry/utility room with a full-size washer & dryer and tons of storage as well as a second full bath. Other features throughout the loft include soaring ceilings, beautiful wide-plank wood floors, exposed ductwork, sound system, central AC, and video security. See floor plan and full details here.
A key-locked elevator opens directly into this dramatic space. An expansive great room is flanked by a wall of oversized, Eastern-facing windows allowing incredible natural light to stream in. There is a chef's kitchen, open to the entertaining space, with top-of-the-line appliances, a large island, and ample storage. The primary suite features an enormous, custom-designed, walk-in closet, a luxurious marble ensuite bath, and a windowed bonus room, perfect as a sitting room, office or nursery. The second bedroom is generous in size and has excellent closet space. There is a spacious laundry/utility room with a full-size washer & dryer and tons of storage as well as a second full bath. Other features throughout the loft include soaring ceilings, beautiful wide-plank wood floors, exposed ductwork, sound system, central AC, and video security. See floor plan and full details here.
From the Listing: Rare opportunity to own a meticulously renovated and perfectly configured three-bedroom, three-bathroom home at one of the only prewar condominiums on Park Avenue See floor plan and full details here.
From the Listing: Rarely available real 3 Bedroom condo in the West Village, with outdoor space, in the coveted A-line at the fabled Left Bank West Village boutique condominium. This 1,877 sq ft well-laid-out home offers privacy, space, and comfort with only two apartments per floor. The entire home is spacious, and bright, with a great floor plan. This floor-through features 3 Bedrooms and 2 Baths. The Master Bedroom suite has access to its private 60 sq ft Balcony, en suite designer bath, a walk-in closet, as well as a large built-in closet unit. The generously proportioned, south-facing living area includes an open kitchen, a large dining area arranged in a loft-like open space, with an oblique river view. See floor plan and full details here.
From the Listing:
A 1,539 sqft 3 bedroom/3 bath apartment, 8B has a south-facing floor-to-ceiling Schuco window wall in the living room that continues to the master bedroom, allowing natural light to flow into the residence throughout the day. At over 21 ft wide, and with ceiling height of nearly 11, this oversized living area feels loft-like, light, and airy. Adding to the beautiful detailing are the 5" wide hardwood solid oak floor with custom walnut finish throughout the apartment.
See floor plan and full details here.
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From the Listing: Often, buyers must sacrifice space for location. Not now. In the heart of Greenwich Village, this two-bed loft-like home measures over 2000 square feet. However, it's not just the size that makes this a unique find: the building itself is a former 1860 Methodist Church. The elevator opens right into the generous living area, which has a stunning view of the huge stained glass vestibule of the building. Ten-foot ceilings and large windows, many of which are also stained glass, create a very unique and voluminous space.
See floor plan and full details here.
From the Listing: Welcome to 465 Washington, where industrial Tribeca meets tasteful elegance on the most peaceful residential street in Tribeca. As one of just nine residences, the Eighth Floor has been carefully crafted into a contemporary loft-style home. On top of the five-story original structure, the Eighth Floor features direct entry into a sprawling three-bedroom, two-and-a-half bathroom residence. This loft-style residence features 9.5' wide plank wood flooring, nearly 10' ceilings, and views of the Hudson River.
See floor plan and full details here.
From the Listing: Residence 812 is a wonderful corner two-bedroom, two-bath home that offers northern exposure overlooking the interior private courtyard. The gracious foyer and oversized great room with two large bay windows lead to beautiful interiors that feature a generous kitchen custom designed by March & White and including custom bronze finished trim and hardware, Gaggenau appliances including wine refrigeration, a custom suspended light fixture of bronze-finished metal and specialty glass, convex fluted oak cabinetry, Calacatta Venato marble slab countertops and backsplash, 5" wide plank French oak flooring, in-residence washer and dryer and ceiling heights of up to 10'9". See floor plan and full details here.
From the Listing: This floor-through, two-bedroom, two-bath residence marries sleek design with extraordinary comfort and convenience. Located in the exclusive Gramercy area, steps from Madison Square Park and some of the best restaurants and shops in the city, this bespoke home offers virtual doorman service, a secure package room, bike room and a garden roof terrace with iconic skyline views. See floor plan and full details here.
From the Listing:
Moments from Central Park on a prized Park Block, you enter this gracious home through a private vestibule tucked away off the main lobby with a 24-hour doorman - a perfect hybrid of privacy and full-service treatment.
A large entry gallery welcomes you into your home. You are immediately greeted by an expansive sunken living and dining room that blends classic pre-war interiors with a warm, organic, and chic contemporary palette with six-inch white oak plank floors throughout. The highly coveted and expansive south-facing landscaped terrace extends the full width of the home and provides the perfect perch for open-air dining and gatherings. See floor plan and full details here.
A large entry gallery welcomes you into your home. You are immediately greeted by an expansive sunken living and dining room that blends classic pre-war interiors with a warm, organic, and chic contemporary palette with six-inch white oak plank floors throughout. The highly coveted and expansive south-facing landscaped terrace extends the full width of the home and provides the perfect perch for open-air dining and gatherings. See floor plan and full details here.
From the Listing: This gorgeous one-of-a-kind simplex one-bedroom, 1.5 bathroom home was recently renovated by award-winning designer Robert Pascal. It reflects the classic charm and modern elegance throughout its 1,263 sq ft of meticulously designed living space with 14' ceilings throughout. Upon arrival you' ll be awe-inspired by the magnificent artful elements gracing the ambiance, the highlight of which is striking original cast iron arches of the 1870 Tiffany & Company. Dark, rich wood flooring enhances the character and is all-new, with new subflooring and soundproofing to ensure peace and quiet See floor plan and full details here.
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?