Highest and lowest priced closed sales for Manhattan Apartments (Week of Feb 9, 2020)

By Linecity, February 21, 2020

The highest recorded closed price on a Manhattan apartment last week was unit 3-B at 443 Greenwich Street, the celebrity-fueled condo between Vestry Street and Desbrosses Street in Tribeca.

The 3,454 SF three-bedroom loft sold for $10.3 million, just under $3,000 per square foot.  It first hit the market in April 2019 for $11.95 million, nearly 14% above the eventual closing price.  Tall ceilings, arched windows, wooden beams and expansive living spaces are hallmarks of these much desired homes.

The landmarked 443 Greenwich Street was built as a book bindery in 1882 and converted to 53 luxury condos in 2014. It is a full service building that also offers multiple amenities including a private underground motor court, a 5000 SF landscaped roof deck, a central courtyard, fitness center with Turkish bath and sauna and an indoor lap pool.

The property was represented by Danny Davis, Lisa Resnick and Lisa Balbuena of Corcoran. For more info visit Linecity.com.

A bit more modest was the sale of apartment 805, a one-room studio at 320 East 42nd Street,  in Tudor City, the pre-war enclave across from the United Nations. At a recorded price of $310,000, this was the lowest priced sale last week for a Manhattan apartment.  The per square foot price was about $1000 given a best estimate of 310 square feet.

The apartment features casement windows, tall beamed ceilings and wood plank floors.  There is an open kitchenette.

The co-op was introduced to the market in September 2019 for $321,000.  It took 22 weeks to close with a small nudge of 3.4% off the original ask.

Apartment 805 is located in Woodstock Towers, the tallest building in the Tudor City complex at 32 floors.  Originally built as a hotel by the Fred F. French Company in 1929, the property was converted to co-operative ownership in 1980.  The building predominantly consists of studio and one-bedroom residences. There is a 24/7 lobby concierge.

The property was represented by Donna Conti of Douglas Elliman. For more info visit Linecity.com.