Quick Profile
Midtown West and Midtown East have a lot in common. They’re bustling, iconic, and full of people. But just like siblings, their personalities can be vastly different. Midtown East is a bit more sophisticated and doesn’t quite have the vivacity and unruliness that its westerly counterpart exudes.
Midtown East is bordered by 42nd to the south, 59th Street to the north, 5th Avenue to the west, and 3rd Avenue to the east.
The neighborhood is famous for its high-end stores, tourist attractions, posh hotels (budget ones too), and iconic architecture. Midtown East is also one of the largest financial and business hubs in Manhattan. During normal business hours the sidewalks are full of commuters and people moving from point A to point B. In the early evening, when the masses have left for the day, things suddenly get a little quieter and the sidewalks have a lot less foot traffic.
Although largely a commercial neighborhood, residential areas of Midtown East do exist on the eastern section of the neighborhood.
Grand Central Station is located in Midtown East and like Midtown West, it’s an extremely commutable neighborhood. The 4, 5, 6, 7 and S trains whisk people in and out of the neighborhood 24 hours a day. Grand Central Station also serves as a hub for New York State and Connecticut commuter rails. These trains can take you anywhere along the Hudson River or up into Connecticut. It’s perfect for day tripping.
According to New York City records, the median price for an apartment in Manhattan for the month of August 2023 was $1,150,000. The price represents a minimal decrease of .02% from the median price of $1,175,000 recorded in August 2022. The number of apartment sales, however, fell from 1,546 to 1,204 reflecting a year-over-year decreas...
Find home. Discover happiness.
A native New Yorker and successful entrepreneur, Stephen Weber has long excelled in and held a passion for real estate. For the past 15 years he has been an active full-time investor in the New York metropolitan area real estate market, gaining valuable expertise in all aspects of buying, selling and renovating property. Steve brings the benefit of these experiences along with numerous resources to his diverse clientele, who rely on his intimate knowledge of NYC real estate market and unique neighborhoods for both their residential and commercial properties. His knack for matching clients to their ideal space has earned him respect and referrals, not to mention plenty of from his happy, satisfied following. Whether you are looking for a home, an investment property or a place of business, Steve’s knowledge, guidance and dedication will ensure the very best results possible in the search for your perfect New York space. When not busy working hard, Steve’s free time is most enjoyed with his partner and their four sons.
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\r\n\r\nWith over $500 million in closed residential and commercial transactions, Adam is continually growing within all aspects of the industry. In recent years he has had a strong emphasis on new development and has been actively involved with the leasing of both the residential and retail components of several high-profile projects throughout New York City. Adam currently manages the leasing for 9 residential projects comprising of nearly 1000 high-end rental and condominium units. Additionally, Adam is currently working on several new development projects throughout Manhattan, Brooklyn and Queens, where his firm is actively involved throughout the pre-development phase through the marketing, sales and leasing.
\r\n\r\nAdam is also a managing partner of Heller Partners, LLC, which is a co-managing partner of RAS Realty Partners, LLC. RAS Realty Partners owns and operates approximately 1000 multi-family residential units in areas of Florida and South Carolina. Prior to establishing The Heller Organization, Adam worked for Newmark Knight Frank in Downtown Manhattan. He currently serves as an active member of the Real Estate Board of New York, and holds a Masters Degree from Columbia University's Real Estate Development Program and an undergraduate degree in Information Technology from Syracuse University. Born and raised on the Upper East Side of Manhattan, Adam is a native New Yorker and continues to focus heavily in that neighborhood.
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to New York City records, the median price for an apartment in Manhattan for the month of August 2023 was $1,150,000. The price represents a minimal decrease of .02% from the median price of $1,175,000 recorded in August 2022. The number of apartment sales, however, fell from 1,546 to 1,204 reflecting a year-over-year decrease of 22%.
\n\n\n\nAugust represents the tenth consecutive month that the volume of year-over-year sales have dipped in the borough.
\n\n\n\nWhat exactly does $1,150,000 get you in Manhattan? Let’s take a closer look.
\n\n\n\nApartment 4-D at 543 West 122nd Street (aka The Vandewater) is a well proportioned one bedroom in a spectacular new high-rise development in Morningside Heights. This corner residence measures 770 square feet and enjoys two walls of windows that line the perimeter of the home.
\n\n\n\nThe Vandewater condominium, which opened in 2021, represents the first residential highrise in this Upper Manhattan neighborhood. It sits mid-block between Broadway and Amsterdam Avenue just west of the Jewish Theological Seminary complex and within easy walking distance to both Riverside Park and Morningside Park.
\n\n\n\nThe full-service building rises 33 floors and contains 183 apartments. To date, 132 of the units have sold at an average price per square foot of $1,705. Apartment 4-D sold at a per square foot price of $1,494.
\n\n\n\nIn 2023 a second tower, Claremont Hall, at 41 floors, eclipsed the Vandewater as the tallest residential structure in the Morningside Heights neighborhood.
\n\n\n\n![\"Kitchen](\"https://blog.linecity.com/wp-content/uploads/2023/12/004-e1702042375597.jpg\")
Apartment 4-D is a beautifully crafted residence rich in detail. The high ceilings and the tall casement windows are the immediate allure of this refined home. Natural light is abundant. In total, there are eight windows, including a kitchen window. Additional features include a welcoming foyer, wide plank oak floors, recessed LED lighting and a stacked washer/dryer.
\n\n\n\nThe open kitchen is both elegant and functional. It features honed quartzite countertops and backsplashes, custom oak cabinets and a suite of high-end Miele appliances. The refrigerator and the dishwasher are fully integrated. A peninsula with stool seating separates the kitchen from the living area.
\n\n\n\n![\"Pool](\"https://blog.linecity.com/wp-content/uploads/2023/12/003-e1702042486291.jpg\")
The ensuite bath is accessible both from the bedroom and the entry foyer. The bath soothes in a Windsor Cream marble and features a large walk-in shower with a frameless glass enclosure and a custom oak vanity topped with travertine stone.
\n\n\n\nThe Vandewater is flush with amenities. The building delivers an endless array of indoor and outdoor activities across multiple floors. The shortlist includes a private rear garden, a Great Room with a catering kitchen and private dining room, a Club Room with TV and wet bar, an outdoor dining terrace with gas grilling stations, a pet spa, specialty rooms for small children and teens, bike and stroller storage. The professionally managed fitness center offers a two-lane heated pool, Yoga/Pilates room, private sauna, treatment room, and mens and womens locker rooms. There is also a front entrance porte-a-cochere and an attended parking garage,
\n\n\n\nApartment 4-D at 543 West 122nd Street was introduced to the market in March 2023 for $1,165,000. In late June, the property was under contract. The closing price of $1.150 million represents a slight drop of .013% from the original ask.
\n\n\n\nThe area is serviced by the 125th Street subway station. The 1 Train, otherwise known as the 7th Avenue local, travels from Van Cortlandt Park at 242nd Street to South Ferry at the base of Manhattan. Buses also run north and south along Broadway. The Vandewater condominium is being represented by Brown Harris Stevens Development Marketing. Please visit Linecity for more details on the building and the sale.
\n"},"excerpt":{"rendered":"According to New York City records, the median price for an apartment in Manhattan for the month of August 2023 was $1,150,000. The price represents a minimal decrease of .02% from the median price of $1,175,000 recorded in August 2022. The number of apartment sales, however, fell from 1,546 to 1,204 reflecting a year-over-year decrease […]
\n"},"tags":[785,786,32,787],"categories":[{"id":157,"name":"The MEDIAN","count":58,"slug":"the-median"}],"author":{"name":"Linecity"},"id":3009,"title":"Manhattan | August 2023","media":{"thumbnailUrl":"https://blog.linecity.com/wp-content/uploads/2023/12/TheMedian_543w1224D_001-e1702042134215-150x150.jpg","largeUrl":"https://blog.linecity.com/wp-content/uploads/2023/12/TheMedian_543w1224D_001-e1702042134215.jpg","mediumUrl":null,"sourceUrl":"https://blog.linecity.com/wp-content/uploads/2023/12/TheMedian_543w1224D_001-e1702042134215.jpg"},"slug":"manhattan-august-2023","date":"2023-12-08T08:36:12"}],"tagSlug":"543-west-122nd-street-bld-618891","totalCount":1,"filterName":null},"blogPostsRecent":{"isLoading":false,"posts":[]},"mapDataSettings":{"isLoading":false,"isInitialized":false,"nycSubwayRoutes":{"type":"FeatureCollection","features":[]},"longIslandRailroadRoutes":{"type":"FeatureCollection","features":[]},"metroNorthRailroadRoutes":{"type":"FeatureCollection","features":[]},"mapInformation":{"citibikeStations":[],"ferryStations":[],"longIslandRailroad":{"stations":[]},"metroNorthRailroad":{"stations":[]},"nycSubway":{"stations":[]}}},"topTrendingListings":{"featured":{"isLoading":false},"collection":{"isLoading":false}},"loadingBar":{},"router":{"location":{"pathname":"/","search":"","hash":"","key":"4vglhh"},"action":"POP"}}; window.preredered = true;