According to New York City records, the median price for an apartment in Manhattan in the month of September was $1.1 million. This price represents a 12.24% increase from last year’s median price of $980,000. The number of sales climbed from 678 to 1,254, representing a year-over-year increase 84.96%.
So, what exactly does $1.1 million get you in Manhattan? Let’s take a look.
Apartment 8-B at 139 East 63rd Street is a spacious two bedroom, two bath post-war co-op located between Lexington Avenue and Third Avenue on the Upper East Side. The corner apartment has been recently renovated and offers plentiful light.
Enter the home through a gracious foyer and into a large living room (12’8”x23’5”) with an adjoining dining alcove. The corner alcove can also serve as a third bedroom or home office.
The oversized kitchen (13’7 x 12’10’) is the delight of this home. The sunlit space opens into the living room and presents a family friendly loft-like setting. It offers a suite of high-end stainless-steel appliances, including a range hood and a double oven, granite countertops and ample storage space.
The primary bedroom (16’2” x 15’6”) has an en-suite bath and a wall of custom closets. The smartly designed bath features an oversized stall shower and a floating vanity.
The apartment also features wide plank floors, central AC and a washer/dryer.
139 East 63rd Street maintains a full-time doorman and a resident manager. Built in 1962, the structure rises 17 floors and contains 53 apartments. Amenities include a laundry room and private storage.
Apartment 8-B was represented by Nancy Candib and Thomas Chandler of Brown Harris Stevens. It was introduced to the market in March at $1.25 million and went to contract 21 weeks later in early August. The sold price of $1.1 million represents a 12% drop from the original ask. To view the property or any other availabilities at 139 East 63rd Street, visit Linecity.