The opening of the Second Avenue subway seemed to herald a new age for the Upper East Side, and an ongoing building boom further reinforced that impression. However, as the 2010s drew to close, a precipitous drop in sales prices came upon the area. Looking at the apartment price reductions of the past week show that listings in East Side neighborhoods are experiencing some of the largest discounts. Please be advised that all reductions shown below are cumulative rather than reflecting the most recent price change.
In this article:
Condo closing prices (price/ft2) of various Upper East Side neighborhoods:
Corner loft on the penthouse floor of this esteemed Upper East Side cooperative enjoys sweeping views and immaculate renovations throughout. The open kitchen is outfitted with a waterfall counter and stainless steel European appliances, and both baths have been updated to spa-like standards. However, there was no improving on the high ceilings, high-hat lighting, generous closet space, and private balcony overlooking the city. See floor plan and full details here.
Beautifully situated apartment on the cusp of Midtown East and the Upper East Side is filled with light and dramatic views from four exposures and massive windows. An impressive entry foyer leads to a large living room, eat-in kitchen, and windowed library. The large master bedroom boasts direct Central Park views, double exposures, custom closets, and a redesigned marble bath. See floor plan and full details here.
-20.1% | -$220K
155 East 73rd Street, #3B | $875,000
Co-op | 2 beds, 1 bathSizable apartment in the heart of the Upper East Side is rich in classic details like French doors, beamed ceilings, built-in bookshelves, and a fireplace. The windowed kitchen comes outfitted with generous cabinetry and brand-new appliances. The master bedroom faces south and comes with generous closet space and enough room for a king-sized bed and seating area. See floor plan and full details here.
-20.1% | -$140K
115 East 90th Street, #8D | $555,000
Co-op | 1 bed, 1 bathWell-proportioned apartment just off Park Avenue is abundant in prewar details like high ceilings, oversized windows, beamed ceilings, moldings, and excellent separation of spaces. The generously proportioned kitchen's abundant storage space includes a large pantry closet. Just off the living room, the bedroom has two windows and a location across from a windowed bath. See floor plan and full details here.
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Elegant apartment in a prestigious uptown building boasts triple exposures, elegant layout, white oak flooring, and in-unit washer/dryer. Just off the living/dining room, the open kitchen is outfitted with exquisite custom cabinetry and top-of-the-line appliances. The luxurious corner master suite features north and west views, a private den, custom walk-in closets, and spa-like five-fixture bath. See floor plan and full details here.
Just off Central Park, this charming apartment boasts southern exposure, prewar details, decorative fireplace, and beautifully finished original hardwood floors. The bright kitchen is outfitted with abundant custom cabinetry, and a windowed bath lets still more light in. Building amenities include video security, bike room, laundry room, and storage. See floor plan and full details here.
Sun-splashed apartment on a high floor boasts open skyline views, a gracious dining foyer, and endless closet space. Doorman building amenities include a garage, storage, and a new landscaped roof deck. It is beautifully located near Central Park, Park Avenue Armory, Madison Avenue shopping, and Michelin-starred restaurants. See floor plan and full details here.
One of only two apartments on its floor, this apartment has been gorgeously renovated with high-end finishes and beautiful moldings. The master suite is outfitted with custom closets and marble bath with a soaking tub and stall shower. Off the living room, a 1,000-square-foot irrigated and furnished terrace looks out on sweeping city views. See floor plan and full details here.
Classic six in Carnegie Hill is reached through a gracious gallery that leads to a large living room with a wood-burning fireplace. Just off the dining room with bay windows, the windowed kitchen comes outfitted with a breakfast bar. Amenities in this building designed by J.E.R. Carpenter include a gym, children's playroom, bike room, and storage. See floor plan and full details here.
Corner condo faces southeast and is filled with light from floor-to-ceiling windows and 9'8" ceilings. The chef's kitchen is beautifully appointed with high-end appliances, Caesarstone countertops, and generous storage space. The building is located right above the Second Avenue subway, and amenities include concierge service, on-site parking, lounge with outdoor patio, and a roof deck with captivating city and river views. See floor plan and full details here.
Would you like to tour any of these properties?
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Or call us at (212) 755-5544
Would you like to tour any of these properties?