Greenwich Village Apartments for Sale – Part 1 What does $500,000 Buy Me?
Are you looking at Greenwich Village Apartments for Sale with a budget of around $500,000? Well if you are, you have come to the right place. Greenwich Village Apartments under $500,000 is a very competitive market. Let’s look at what is available.
According to Streeteasy.com, as of today there are 45 Greenwich Village Apartments for Sale. All of these properties are Greenwich Village Co-ops, none of them are condominiums. To buy a Greenwich Village Condominium the price point starts at approximately $550,000.00 for a studio.
The median price is $399,000. The median size is 400 sq ft and the median price per sq ft is $967.00
At the higher end of the $500,000 price range for Greenwich Village Apartments for Sale, you are going to find a certain number of characteristics in common. The full service doorman buildings, higher floors with better exposures, larger layouts-alcove studios, some junior 1 bedrooms, and often renovated kitchens and baths.
There are 18 Greenwich Village Apartments In-Contract right now. The median size is 500 sq ft and the median price is $437,000.00. As I look at the specific properties I see that a common characteristic that the larger more renovated apartments are the ones that are selling the quickest as there is more demand for these types of apartments.