While larger developments such as Essex Crossing and One Manhattan Square may be getting all the attention as far as new Lower East Side development is concerned, 42 Allen Street, a new, eight-story building on the corner of Hester Street, should not be counted out. The first two stories are home to a community facility and retail space, and sales of the condos on top have just launched. They are limited to two apartments per floor at most for optimal privacy.
42 Allen Street's location on the cusp of the Lower East Side and Chinatown puts it within easy access of the best restaurants, shopping, and nightlife both neighborhoods have to offer. It is a few short blocks away from Essex Crossing's forthcoming retail, culinary, and cultural offerings.
42 Allen Street's location on the cusp of the Lower East Side and Chinatown puts it within easy access of the best restaurants, shopping, and nightlife both neighborhoods have to offer. It is a few short blocks away from Essex Crossing's forthcoming retail, culinary, and cultural offerings.
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Unit #3B, a two-bedroom, three-bath duplex listed at $2.1 million, features 8.5-foot ceilings, central air conditioning, in-unit washer/dryer, and south- and east-facing windows. The apartment is filled with light and unobstructed views of the downtown and midtown skylines, and an upper-level bedroom has a private balcony to better enjoy them. A windowed kitchen is equipped with top-of-the-line stainless steel appliances. Its price puts it at an average of $1,539 per square foot, below the neighborhood average of $2,038 per square foot.
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