While we can't say precisely what effect the COVID-19 pandemic will have on the New York real estate market, it is safe to say that it will not come away from this unscathed.
Open houses have been suspended until the restrictions on gatherings lift, and agents and sellers have to come up with new ways of attracting prospective buyers' attention.
In this article:
Some are turning to technology, and others are cutting prices to come closer in line with reality and put the apartments back on the radar. Over the past week, these have included a range of apartments from small studios in the middle of Midtown to a spacious, sumptuous Fifth Avenue apartment in a building made famous by its appearance in Butterfield 8. Please be advised that all of the following show cumulative reductions rather than the most recent price cut.
From the listing:
This gracious studio layout at 319 East 50th Street boasts a lovely southern exposure and windowed kitchen as well as a versatile layout. There is a gracious entry foyer with a large dressing alcove and there two additional closets. The living room's layout allows a separate sleeping area, living area, and even home office or dining area. See floor plan and full details here.
This gracious studio layout at 319 East 50th Street boasts a lovely southern exposure and windowed kitchen as well as a versatile layout. There is a gracious entry foyer with a large dressing alcove and there two additional closets. The living room's layout allows a separate sleeping area, living area, and even home office or dining area. See floor plan and full details here.
-16.7% | -$125K
83 Underhill Avenue, #3B | $625,000
Co-op | 2 beds, 1 bathFrom the listing:
Enjoy a great layout that allows for well-separated bedrooms, plenty of closet space, windows throughout, hardwood floors, and 9'6" ceilings. The unit was recently updated with fresh paint, new kitchen cabinets, countertops, and appliances. There is also a washer/dryer hook-up, which is rare within co-op apartments. See floor plan and full details here.
Enjoy a great layout that allows for well-separated bedrooms, plenty of closet space, windows throughout, hardwood floors, and 9'6" ceilings. The unit was recently updated with fresh paint, new kitchen cabinets, countertops, and appliances. There is also a washer/dryer hook-up, which is rare within co-op apartments. See floor plan and full details here.
-16.7% | -$100K
142 East 49th Street, #8B | $499,000
Co-op | 1 bed, 1 bathFrom the listing:
This charming and move-in ready abode features northeastern exposure in the living room and bedroom overlooking tree-lined 49th Street. The home receives a plethora of natural light and is pleasantly spacious with an open living and dining area and hardwood floors. The windowed kitchen has plenty of counter space, stainless steel appliances and southern exposure. See floor plan and full details here.
This charming and move-in ready abode features northeastern exposure in the living room and bedroom overlooking tree-lined 49th Street. The home receives a plethora of natural light and is pleasantly spacious with an open living and dining area and hardwood floors. The windowed kitchen has plenty of counter space, stainless steel appliances and southern exposure. See floor plan and full details here.
From the listing:
Oversized alcove studio's open plan living room has space for you to spread out and relax as well as a full dining area and home office. The galley kitchen features stainless steel appliances including a dishwasher. The sleeping alcove easily fits a queen sized bed and can be converted into a real bedroom. A roomy dressing area leads into the master bath. See floor plan and full details here.
Oversized alcove studio's open plan living room has space for you to spread out and relax as well as a full dining area and home office. The galley kitchen features stainless steel appliances including a dishwasher. The sleeping alcove easily fits a queen sized bed and can be converted into a real bedroom. A roomy dressing area leads into the master bath. See floor plan and full details here.
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From the listing:
Modern, airy apartment in a charming Manhattan neighborhood was fully renovated in 2013 and is now in mint condition, ready to occupy. Features include glass panel pocket doors, 5" oak plank floors, gas fireplace, noise-reducing thermal windows, and great closet space. Bedrooms have en suite baths with radiant heat floors, Duravit fixtures, walk-in shower, and Air Bath massage tub. See floor plan and full details here.
Modern, airy apartment in a charming Manhattan neighborhood was fully renovated in 2013 and is now in mint condition, ready to occupy. Features include glass panel pocket doors, 5" oak plank floors, gas fireplace, noise-reducing thermal windows, and great closet space. Bedrooms have en suite baths with radiant heat floors, Duravit fixtures, walk-in shower, and Air Bath massage tub. See floor plan and full details here.
From the listing:
In this mint condition corner condo, a gracious entry foyer and gallery connecting all areas of the home welcomes you into an open-concept corner great room with open city views and abundant natural light through a wall of windows under soaring 11' ceilings. A spacious windowed gourmet kitchen features beautiful quartzite slab stone counter and breakfast bar, brushed stainless steel backsplash, sleek bamboo wood cabinetry, and is fully equipped with top-of-the-line appliances, including Sub-Zero refrigerator, Wolf cooktop range with vented hood, Viking oven, and Miele dishwasher. See floor plan and full details here.
In this mint condition corner condo, a gracious entry foyer and gallery connecting all areas of the home welcomes you into an open-concept corner great room with open city views and abundant natural light through a wall of windows under soaring 11' ceilings. A spacious windowed gourmet kitchen features beautiful quartzite slab stone counter and breakfast bar, brushed stainless steel backsplash, sleek bamboo wood cabinetry, and is fully equipped with top-of-the-line appliances, including Sub-Zero refrigerator, Wolf cooktop range with vented hood, Viking oven, and Miele dishwasher. See floor plan and full details here.
From the listing:
Recently completed by renowned interior designer Renee Gaddis, this uber-chic home is set on high floor of The Residences at the Ritz-Carlton New York, Battery Park. The home is offered in turnkey condition for the most discerning owner. This sizeable home has been extensively upgraded with beautiful built-ins and stylish finishes to create an upscale living experience. The living area offers waterfront views overlooking Battery Park, New York Harbor, and the downtown Manhattan skyline. See floor plan and full details here.
Recently completed by renowned interior designer Renee Gaddis, this uber-chic home is set on high floor of The Residences at the Ritz-Carlton New York, Battery Park. The home is offered in turnkey condition for the most discerning owner. This sizeable home has been extensively upgraded with beautiful built-ins and stylish finishes to create an upscale living experience. The living area offers waterfront views overlooking Battery Park, New York Harbor, and the downtown Manhattan skyline. See floor plan and full details here.
From the listing:
This stunning apartment is located in one of Fifth Avenue's premier, white-glove, full-service buildings. The warm, inviting entrance foyer offers a generous closet, a handsomely inlaid cherry floor, with a ceiling design by artist Francesca Guicciardini. The thoughtfully designed windowed kitchen with cherry cabinets includes a Wolfe stove, Sub-Zero refrigerator, and a combination washer/dryer. See floor plan and full details here.
This stunning apartment is located in one of Fifth Avenue's premier, white-glove, full-service buildings. The warm, inviting entrance foyer offers a generous closet, a handsomely inlaid cherry floor, with a ceiling design by artist Francesca Guicciardini. The thoughtfully designed windowed kitchen with cherry cabinets includes a Wolfe stove, Sub-Zero refrigerator, and a combination washer/dryer. See floor plan and full details here.
From the listing:
Enjoy views of the 9/11 Memorial Park, the Statue of Liberty, the Hudson River, the iconic Manhattan skyline, and beyond from every window of your residence. W Hotel signature WHATEVER/WHENEVER ® service and hotel amenities are available to residents. See floor plan and full details here.
Enjoy views of the 9/11 Memorial Park, the Statue of Liberty, the Hudson River, the iconic Manhattan skyline, and beyond from every window of your residence. W Hotel signature WHATEVER/WHENEVER ® service and hotel amenities are available to residents. See floor plan and full details here.
From the listing:
Wake up looking out onto the patio in this cozy, pet-friendly condo. Space features high ceilings, large windows across the room with glass patio door, hardwood floors and vintage galley style kitchen. Amenities include a 24 hour doorman, live-in super, laundry room, storage room, bike room and gym. See floor plan and full details here.
Wake up looking out onto the patio in this cozy, pet-friendly condo. Space features high ceilings, large windows across the room with glass patio door, hardwood floors and vintage galley style kitchen. Amenities include a 24 hour doorman, live-in super, laundry room, storage room, bike room and gym. 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?