While the New York real estate market has seen stratospheric prices in recent years, things are coming back down to earth. As a result, over 350 listings had no choice but to adjust their prices this week to better align with market realities. Even historic buildings like River House (where a three-bedroom co-op experienced a price cut of over $1 million) and The Dakota (where a four-bedroom home was reduced by $2 million) are not exempt.
Below is a list of apartments in highly desirable Manhattan neighborhoods with recent reductions that bring them to under $1 million. Bear in mind that the following price cuts reflect cumulative reductions and not the most recent chops.
Below is a list of apartments in highly desirable Manhattan neighborhoods with recent reductions that bring them to under $1 million. Bear in mind that the following price cuts reflect cumulative reductions and not the most recent chops.
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Spacious apartment in a landmarked Upper West Side building features 10'6" ceilings, Juliet balcony, elaborate crown molding, northern exposure, and original herringbone hardwood floors. The kitchen has recently been renovated with stainless steel appliances. The Ansonia offers a roof deck, laundry service, parking garage, and easy access to Lincoln Center, Central Park, top restaurants, and public transportation. See floor plan and full details here.
-10.1% | -$100K
2 Sutton Place South, #10E | $895,000
Co-op | 1 bed, 1 bathOversized apartment with eastern exposures is located in an Emery Roth-designed building in an ultra-private Manhattan enclave. An open entry foyer leads to a gracefully proportioned sunken living room with a wood-burning fireplace as the centerpiece. The king-sized bedroom boasts river views and a wall of built-in storage. See floor plan and full details here.
Spacious apartment in a prime Upper East Side locations boasts oversized windows, crown molding, hardwood floors, and abundant closet space throughout. The kitchen has been designed with professional-grade stainless steel appliances and generous storage and counter space. The master suite includes a walk-in closet and marble bath. See floor plan and full details here.
Move-in ready Murray Hill apartment is flooded with light and classic skyline views from oversized, north-facing windows in the living room and bedroom. The formal entry foyer opens into a spacious living/dining area with an entire wall of built-ins. The bedroom comfortably holds a king-size bed and features a double-wide closet. See floor plan and full details here.
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Gut-renovated apartment in a classic Bing & Bing condominium keeps many prewar details intact, but is underscored by new wiring, appliances, and refinished floors. The pass-through windowed kitchen has also been updated with granite countertops and new cabinets. Additional features include gracious entry foyer, updated windowed bath, and generous closet space. See floor plan and full details here.
Peaceful Chelsea duplex boasts soaring ceilings, treetop views through a wall of double-sized windows, pass-through kitchen, and custom closets. A staircase leads to a loft bedroom with room for a bed, desk area, and large closet. Pet-friendly building is close to Union Square, Chelsea Market, and some of the city's best restaurants, shopping, and transportation. See floor plan and full details here.
-16.7% | -$200K
419 East 57th Street, #15F | $995,000
Co-op | 2 beds, 2 bathsHigh-floor prewar apartment just off Sutton Place is enhanced by gracious proportions, large windows, hardwood floors, and ample closets. The entry foyer leads to a large living room with beamed ceiling and wood-burning fireplace. The windowed eat-in kitchen is outfitted with high-end appliances, including in-unit washer/dryer. See floor plan and full details here.
Gut-renovated Greenwich Village home boasts expansive space, crown moldings, high-hat lighting on dimmers, and amazing closet space. The dining area flows seamlessly into an open kitchen with breakfast buffet and high-end stainless steel appliances. The large bedroom enjoys excellent natural light through double exposures. See floor plan and full details here.
High-floor home soars above the bustle of the Financial District and boasts 10'3" beamed ceilings, oversized southern and eastern exposures, efficient layout, walnut hardwood flooring, and rich finishes. The kitchen is equipped with a breakfast bar, abundant cabinetry, white quartz countertops, and high-end appliances. The queen-size bedroom enjoys impressive city and Hudson River views, not to mention two closets and excellent privacy at the back of the apartment. See floor plan and full details here.
High-floor junior four just off Billionaires' Row enjoys fabulous city and Central Park views from the living room and bedroom, not to mention a private terrace to make the most of them. It also offers generous square footage, a host of layout possibilities, 9' ceilings, central air conditioning, and abundant closet space. Building amenities include fitness center, pool, spa, circular driveway, 24-hour garage, and attentive staff. 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?