265 Water Street via Brown Harris Stevens
While Manhattan's condo market has been on a roller-coaster ride over the past decade, things have been decidedly less volatile on the co-op side. Prices have climbed all over Manhattan, but CityRealty's annual market report shows that the average price of a co-op has slowly yet steadily risen from $971K in 2009 to $1.33 million at the end of last year.
Many co-ops require a substantial down payment that can stop some prospective buyers in their tracks. The buildings contain only a fraction of the amenities seen in their condominium counterparts, and the prospect of appearing before a board can be daunting. However, that same board often has rules about whether the apartments can be used as pied-a-terres or for investment purposes (sorry, oligarchs everywhere!), making it a more appealing option for those who seek a more affordable option and plan to live in New York full-time.
As of this writing, the average price of a Manhattan co-op is $1.33 million, or less than half the average condo price of $3.07 million. While many sellers are willing to negotiate, CityRealty is in touch with experts to negotiate on your behalf. If you like what you see among the following co-ops, get in touch and we'll pair you with the best expert for your search.
Many co-ops require a substantial down payment that can stop some prospective buyers in their tracks. The buildings contain only a fraction of the amenities seen in their condominium counterparts, and the prospect of appearing before a board can be daunting. However, that same board often has rules about whether the apartments can be used as pied-a-terres or for investment purposes (sorry, oligarchs everywhere!), making it a more appealing option for those who seek a more affordable option and plan to live in New York full-time.
As of this writing, the average price of a Manhattan co-op is $1.33 million, or less than half the average condo price of $3.07 million. While many sellers are willing to negotiate, CityRealty is in touch with experts to negotiate on your behalf. If you like what you see among the following co-ops, get in touch and we'll pair you with the best expert for your search.
In this article:
All images of 265 Water Street via Brown Harris Stevens
Dining area and kitchen
Bedroom
Charming full-floor loft in a friendly building is rich in original architectural details like columns, exposed beams, and original maple floors. It is currently configured with one large bedroom and home office, but the layout and square footage allow for flexibility. It is located in a historic neighborhood on New York Harbor, yet offers a front-row seat to the changes coming to the South Street Seaport. See floor plan and full details here.
All images of 250 Mercer Street via The Corcoran Group
Living area and kitchen
Bedroom
Sunny, spacious loft boasts 11' ceilings, a wall of windows, an original prewar column, excellent storage space, and hardwood floors throughout. It is in a fully staffed building with a courtyard, garden, laundry room, bike room, and roof deck. Washington Square Park, top Village restaurants, Soho shopping, and several subway stops are a short walk away. See floor plan and full details here.
Photos via Douglas Elliman
Experience the best of Park Slope living in this beautiful duplex situated in a prime location right across from JJ Byrne Park! This special gem likens the feel of a private house with 2 quiet, spacious levels, plus a lovely patio/garden. The main floor flows seamlessly, from the light-filled living area with south-facing bay windows and a charming exposed brick wall, to the open-concept dining and kitchen area making entertaining a breeze. See floor plan and full details here.
All images of 327 West 11th Street via Bond NY
Kitchen
Bedroom
Elegant apartment on a tree-lined street is rich in prewar details like exposed brick walls, high ceilings, arched windows, and gleaming cherry wood floors. The open-plan kitchen is outfitted with top-of-the-line stainless steel appliances. Next to the bedroom, a pristine bath boasts three windows, a wall of closets, blue glass tile, Kohler soaking tub, and modern fixtures. See floor plan and full details here.
All images of 107 West 25th Street via Compass
Living room
Bedroom
Bright, beautiful loft in a building dating back to 1905 boasts open floor plan, 11' tin ceilings, cast iron columns, and paneled walls with cleverly concealed storage. The open kitchen has been updated with new granite countertops, a breakfast bar, abundant cabinetry, and high-end appliances. Amenities include video intercom, new roof deck, bike room, laundry room, and storage lockers. See floor plan and full details here.
All images of 860 United Nations Plaza via Sotheby's
Master bedroom
Master bath
Well-proportioned apartment in a famous cooperative is flooded with light and northern views from wall-to-wall windows. Just off the open living/dining area, the kitchen is outfitted with stainless steel appliances, Caesarstone countertops, and breakfast bar. Both bedrooms boast generous square footage, impressive closet space, and en suite baths. See floor plan and full details here.
All images of Plaza 400 via Douglas Elliman
Kitchen
Private balcony
High-floor home in an exclusive Manhattan enclave looks out on cinematic skyline and East River views from both the oversized windows and the private balcony off the living room. The 31' living room flows seamlessly into a dining alcove that offers the potential to create a third bedroom. Additional features include windowed kitchen, bedrooms with en suite baths, abundant closet space, and hardwood floors throughout. See floor plan and full details here.
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All images of Ritz Tower via Douglas Elliman
Kitchen
Bedroom
On the opposite side of town from the Broadway theater named in his honor, this apartment once owned by Neil Simon features southeastern views, recessed lighting, and exceptional storage solutions. The kitchen has been updated, and both baths are finished in marble. Staff and amenities in this Emery Roth-designed building include concierge service, an exclusive chef, house-keeping service, a fitness center, and a business center. See floor plan and full details here.
All images of 200 Central Park South via Compass
Living room
Dining area and kitchen
Stylishly finished apartment near the shimmering supertalls of Billionaires' Row boasts crown moldings, oversized windows, hardwood floors, and access to a private terrace from the living room and bedroom. The open kitchen has been renovated with marble countertops and Bosch stainless steel appliances. The bedroom faces east and comes with three closets. See floor plan and full details here.
All images of 139 East 63rd Street via Compass
Kitchen
Bedroom
Corner apartment in a prime Upper East Side location looks out on stunning southwest views from walls of windows and a private terrace off the living room. Interiors feature 8'6" ceilings, a formal gallery, a windowed kitchen, and two bedrooms with en suite baths. Central Park, Bloomingdale's, Equinox, Soul Cycle, and major subway lines are just steps away. See floor plan and full details here.
All images of 875 Fifth Avenue via Douglas Elliman
Living room
Kitchen
This apartment in an Emery Roth-designed building was recently renovated, but historic details like Italian columns, parquet floors, and a gracious foyer were carefully preserved. The kitchen has been brought into the 21st century with Brazilian marble countertops and top-of-the-line appliances. This doorman building recently added a private garden, business center, and community room to its suite of amenities. See floor plan and full details here.
All images of 160 West 77th Street via Douglas Elliman
Kitchen
Bedroom
Sun-drenched classic five in a prime Upper West Side address is rich in prewar details like high beamed ceilings, classic picture moldings, and gorgeous inlaid hardwood floors. A welcoming entrance foyer leads to the spacious living room, separate dining room/home office, and two sizable bedrooms. The windowed kitchen comes beautifully outfitted with modern appliances. See floor plan and full details here.
All images of 444 East 86th Street via Warburg Realty
Kitchen
Bedroom
High-floor home is flooded with natural light from northern, eastern, and southern exposures and large windows in the living area, kitchen, and bedrooms. The graciously proportioned home is rich in closet space, including a walk-in in the master bedroom. This doorman building is one block from the Second Avenue subway and close to Carl Schurz Park, the East River Promenade, top supermarkets, and popular restaurants. See floor plan and full details here.
All images of 5 West 107th Street via Compass
Kitchen
Private roof terrace
Recent improvements to this home in a boutique prewar building include fresh paint, new hardwood floors, new lighting, and new closet doors and hardware. The kitchen has been upgraded with new cabinetry, new countertops and backsplash, and new appliances that include a under-the-counter washer/dryer. An iron spiral staircase leads to a private roof terrace almost the same size as the apartment. 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?
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