The opening of a new sales gallery for the Lower East Side condo development at 204 Forsyth was announced this week by TOWN New Development. The team simultaneously introduced two new residences that are now for sale. Homes in the building range from half-floor units with two bedrooms to a full-floor penthouse with a 2,000-square-foot roof deck, which sold in July for $8.5 million; a record-breaking price for the neighborhood.
The 7-story building, known as FORSYTH, is situated between Stanton and Houston Streets and will have just 11 units. The two new residences that were recently listed for sale are both 2-bed/2-bath units; Apartment 2S has 1,542 square feet and is listed for $2.8 million, and Apartment 2N has 1,549 and is listed for $2.85 million. They join several others for sale, and all current listings can be viewed on CityRealty here.
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Designed by Paris Forino, homes feature custom-crafted floor-to-ceiling metal-framed Belgian windows and 6-inch wide plank white oak rift and quarter sawn floors. Open kitchens boast handcrafted cabinetry, Calacatta Lincoln Marble countertops and backsplashes, Wolf ranges, Miele dishwashers, and Sub-Zero refrigerators. Master baths include separate glass-enclosed showers, relaxing soaking tubs with Waterworks fixtures, and Pacific White marble flooring, walls, and countertops. Secondary baths feature mosaic marble flooring, ceramic glazed wall tiles, and custom white oak wood vanities. Most of the residences are complete with private outdoor space.
Amenities inside the building include a 24-hour doorman, a fitness center, and bike storage, and parking. Residents will also benefit from the Lower East Side’s many attractive destinations, including innovative restaurants, enticing art galleries, and fun boutiques.
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Developer Charles Saulson tapped Z Architecture to design the new building. It features a beige-brick façade with multi-pane windows, an entrance marquee, and a partial setback on top. Completion for the building is expected this year. Situated on the Lower East Side, the condos join 92 condos for sale in the area that have a median price of $1,967 per square foot. The neighborhood's average closing price for a condo in September was $1,418 per square foot, up from last September’s average closing price of $1,335 per square foot.
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Contributing Writer
Katy Cornell
Katy Cornell is a Long Island native with a passion for writing about real estate in the big city. She recently graduated from the University of Virginia with a BA in English and is a frequent contributor to CityRealty's Market Insight and NYC real estate blog 6sqft.
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