Category Archives: Central Park condos

Central Park condos is one of the frequest requests by our international buyers. Central Park is one of the most beautiful and well preserved park in Manhattan New York, and all along Central Park there are many cooperative buildings that have direct Central Park views, there are only few condo buildings near Central Park. When we work with buyers, especially international buyers prefers to purchase Central Park condos in Manhattan New York. There are several Central Park Condo buildings along the park, they are: 1 Central Park West, 15 Central Park West, 25 Central Park West, 25 Columbus Circle (TimeWarner Center), 60 Columbus Circle (Mandarin Oriental Residences), 160 Central Park South (Essex House), 1 Central Park South, 923 Fifth Avenue and 995 Fifth Avenue (condop).

New York Central Park New Construction Condos

New York Central Park is one of Manhattan’s most popular destinations and for good reason. Designated a National Historic Landmark, Central Park provides some of the most iconic New York City views available.  Lining Central Park are arguably Manhattan’s most coveted and prestigious residential buildings.  Living right on Central Park is never easy, first is the pricing and second is that the majority of the buildings with Central Park frontage are co-operative in structure.  For those looking for that ease of purchase and flexible style of ownership a condominium is the primary choice.  Very few condos are located on Central Park, and even fewer are new construction condos.  Every new construction condominium on or near Central Park has sold out very quickly and that looks to continue that trend.  Some of the most recent successful new construction or condo conversion apartment buildings have been 15 Central Park West, The Plaza Hotel, and the Time Warner Center-25 Columbus Circle and 80 Columbus Circle.  These buildings sold well and continue to do so.

There are a number of new construction condos near Central Park that are currently being sold or in the process of being constructed. These buildings include the Laureate at 2150 Broadway, just two blocks from Central Park in the Upper West Side, 1212 Fifth Avenue on the northern part of Fifth Avenue along Central Park, One57-a new construction building located across from Carnegie Hall on 57th Street, noteworthy for it’s 90 story plus tower that will have commanding views of Central Park and the entire island of Manhattan.

Being near Central Park in any direction is desirable, Central Park South, Fifth Avenue or Central Park West are all home to a variety of amenities and neighborhood features.  The access to restaurants, museums, shopping and entertainment are all at your fingertips.

Along Central Park West, the new construction condos include 15 Central Park West and Time Warner Center- buildings. Expect pricing for any of these apartments to start in the $6,000,000 and up range, with the Park Facing units to be priced considerably higher.

The building known as One57, is being built by the real estate development company Extell and marketed as a premiere luxury condominium building.  Designed by Christian de Portzamparc and located on 57th Street between 8th Avenue and 7th Avenue, this building is scheduled to be 90 stories.  Pricing is planned to start at approximately $5,000 sq/ft and increase from there for the higher floor units.  The views from this building are going to be spectacular.
New Construction condos near Central Park do not come available that often as the development for them is scarce and quite competitive.  Every condominium built in the last decade near Central Park has done well.  If you are interested in a new construction condominium near Central Park and would like to discuss what you are looking for, contact us directly today at (917)837-8869.

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The Alexandria 201 West 72nd Street New York NY 10023

Located at 72nd and Broadway the Alexandria at 201 West 72nd Street is one of the more prominent Upper West Side condominium buildings.Originally built in 1990, The Alexandria Condominium is a 200+ unit 25 story tall full time doorman condominium.  At the time that it was built, it established itself as one of the more desirable condominium buildings in the Upper West Side.  Centrally located at 72nd Broadway, a convenient location next to the subway and multiple bus stops and just blocks away from both Central Park and Riverside Park.
A number of features distinguish the Alexandria Condominium at 201 West 72nd Street from some of the other post-war condominium buildings in the Lincoln Square neighborhood. These features include an extensive amenity package including a health club and pool, sundeck, laundry on every floor. A number of the apartments in the building include outdoor space, extremely tall ceilings, duplex apartments, and spacious layouts including various floor plans which is unique for a post war condominium building.

Located at the northern border of what would be described as the Lincoln Square neighborhood of the Upper West Side.  The Alexandria commonly is perfectly located for somebody looking to be in the Upper West Side neighborhood.  Even though this is a fairly sizable building at a little over 200 apartments, there isn’t that much turnover of apartments in the building every year.

In 2010, approximately 8 apartments sold, a sign of the building’s desirability. That is a turnover rate of approximately, 4%.

A range of pricing for condos for sale in the Alexandria at 201 West 72nd Street include:

  • Studios typically sell from $475,000-$600,000
  • 1 Bedrooms typically sell from $850,000-1,250,000
  • 2 Bedrooms typically start around $1,350,000-$1,750,000
  • 3 Bedrooms start around $2,250,000 and go up from there

If you are looking for a full time doorman condominium in the Upper West Side or Lincoln Square neighborhood you should definitely consider the Alexandria for any availabilities. Contact us at (917)837-8869 today to find the perfect home in Upper West Side neighborhood of Manhattan New York or email us (https://manhattannycondosforsale.com/contact/)

Dorchester Towers Condo (155 West 68th Street) Market Report and Update

Dorchester Towers is located at 155 West 68th Street New York, NY 10023. Dorchester Towers Condominium is located in the heart of the Lincoln Square area of the Upper West Side.

Dorchester Towers is one of the most desirable Lincoln Square Condominium buildings for a number of reasons:

Recently the building changed it’s building pet policy. They now allow dogs in the building.  This change from the perspective of Real Estate sales now opens up the buyer pool to those who have pets.  The dog policy still has certain restrictions based on the breed and number of pets allowed in an apartment. A renter for an apartment in Dorchester Towers Condominium is also now allowed to have a dog in the apartment.  That is the building policy, but naturally it’s every owner’s discretion to decide if pets will be allowed.

Overall this change in policy will lead to a wider buyer pool as pet owners who once would dismiss the building will now come and see if they want to purchase or rent a condominium at Dorchester Towers.  This is an advantage to a current owner in the building who may be looking to rent or to sell in the future.

Another update for the building that there are plans to renovate the hallways and lobby area. The renovation is described as fairly extensive, there is a tentative plan for a children’s playroom and meeting room to be constructed within the current layout of the generously sized lobby sitting area.  This is planned to occur sometime in late 2011 or early 2012 depending on a number of factors.

Updating the hallways is going to be a very aesthetically positive infrastructure for the building. As an active real estate agent, some buyers from time to time comment that a hallway renovation would be worthwhile.  A children’s playroom and meeting room are definite advantages in a real estate perspective.  These added amenities will provide an added value proposition for incoming buyers, as many of the more modern condominium buildings in the neighborhood have these types of amenities.  The building will still not have any gym, fitness or health club area, but there are still a number of gyms in the near vicinity of the building including Reebok Sports Club, Equinox, New York Sports Club, just to name a few.

Overall, we think the renovation of the hallways and the lobby is going to be a major improvement for the building. Many post-war buildings that were built around the same time that Dorchester Towers NYC was in the mid 1960s are all being updated now to stay as competitive with some of the other more modern buildings in their respective neighborhoods.  The renovation was paid for through a capital assessment that is planned to end in August of 2012.

The combination of opening up the building to allowing dogs and the upcoming renovation of the hallways and lobby we can say will increase the desirability of the building to incoming buyers and create a larger value proposition to anybody interested in a Dorchester Towers Condominium apartment.

Dorchester Towers Sold Condominiums since June 1st, 2011:

Apartment 509, 1 Bedroom sold for $645,000
Apartment 1509, 1 Bedroom sold for $625,000
Apartment 1701, Junior 1 bed(alcove studio with converted wall for bedroom area) sold for $582,000
Apartment 1512, Junior 4(1 Bedroom with dining alcove in living room that could be converted to 2nd bedroom), sold for $860,000
Apartment 907, Alcove Studio, sold for $575,000

In Contract Apartments at Dorchester Towers:

Apartment 428, Junior 1 Bedroom apartment, last asking price was $725,000

Condos for Sale at Dorchester Towers as of October 24, 2011

Apartment 4-20, 1 Bedroom, asking $625,000
Apartment 18-15, 1 Bedroom, asking $799,000
Apartment 29-C, Junior 4(1 Bedroom with dining alcove in living room that could be converted to 2nd bedroom, 1.5 Bathroom, asking $1,175,000

We are Dorchester Towers condo (155 West 68th Street New York NY 10023) sales and rental specialists. If you are interested in finding more about this condo, call us today at (917) 837-8869, or if you are an owner that would like to receive a fair market estimate of your unit, call us (917)837-8869 and we can discuss in details.

Before buying in New York city Cooperative Must Know

Before buying in New York city Cooperative Must Know

Whether you are international foreigner or United States citizens, before considering in buying in a co-op, here are few items one should consider in buying in a coop.

Buyers or Investors to buy an apartment in a co-op building are not easy for several reasons:

  1. Co-op purchaser approval takes weeks — if not months — and is a rigorous and notoriously difficult process. The majority of co-ops only approve buyers with New York employment, US income tax and excellent credit history in the US. The law does not require a co-op to provide an explanation for a potential buyer’s rejection.
  2. There are often restrictions on how much financing a buyer can use (for example, no more than a certain percentage of the unit price).
  3. Almost all co-ops restrict the right to sublet your apartment, which makes it unattractive to investors and many buyers. Usually, co-op apartments cannot be rented out at all or can be rented out for one or two years after a certain number of years of owner occupancy.
  4. Co-ops regulate your use of the apartment in many other ways, including having guests or performing renovations.
  5. When selling (or renting it out when allowed) a co-op, the next buyer or perspective tenant will be subject to co-op approval AND interview as well, which reduces the number of qualified buyers and therefore reduces the price of your investment.
  6. There are often additional “flip taxes” on the resale of a co-op to discourage speculators.
  7. Regardless if this is an ALL CASH or FINANCED purchase, full financial disclosure is required. This means perspective purchaser will have to provide tax returns, pay stubs, bank statements and other supporting documents to verify the assets and meet the requirement of the coop.
  8. Every co-op is different in regards to if they will allow the apartment to be used as a part time residence(pied a terre), allowing a parent to buy the apartment with or for their own child, allowing a guarantor or co-purchase structure to buy the apartment.

Co-op buildings are governed by Co-op Boards where there is a Board of Directors reviewing, evaluating and discussing each decision made by the co-op. These decisions range from coop policy, budget expenses, future renovation/repairs, surround neighborhood concerns, maintenance fee projection and approval of other shareholders’ sale or lease of the apartment just to name a few.

With all that being said, some of the most prestigious buildings in Manhattan New York are cooperatives with similiar of rules or format as mentioned above. Each cooperative building has its own house rules and policies, many buildings along Central Park on Central Park West and Fifth Avenue are cooperative buildings. If you are looking to live on one of these prestigious and desirable streets, you will more than likely be looking at cooperative residences for sale.  There will be a few condominium buildings along Central Park West, Fifth Avenue, Park Avenue, but the supply is very limited.

If you are looking to buy an apartment in Manhattan New York and not sure where to start, I encourage to give us a call today at 917 837 8869 to strategically plan your search.

How to determine a good Manhattan NY condo investment?

We talked with a lady from California today who is looking to purchase a condo investment here in Manhattan New York because she believes now is a good time to invest in Manhattan New York.  I can definitely appreciate her views as we are seeing a lot of sale activities in this market and many of our serious buyers are finding good long term investments with our help.

We discussed her investment goals and we will stay in touch via emails until she arrives in New York in two weeks. Before we hang up the phone, she asked me what determines a good Manhattan New York condo investment.

Below are the three big points in my suggestions to her:

Location: Convenient location for public transportation, New Yorkers rely on public transportation such as subway, trains and buses.  If the building is near a subway station, the condo is much easier to rent out or resell in the future. Nobody ever complains about having too many transportation options, but they definitely complain about having to walk 15 minutes just to get to a subway.

Carrying charge: Assuming this is an all cash purchase with no mortgage payment. The owner (or landlord) is responsible to pay monthly condo common charge and Real Estate taxes. So the lower combined carrying charge (the common charge and Real Estate taxes), the more net profit there is on the investment. Every building is different when it comes to the common charges and real estate taxes so determining the value proposition each building has is a necessary aspect of the purchase.

Sale price: The sales price of the condo is relevant to what has been sold in the building before, for example, if in the same building, condition, exposure, square footage size and layout is the same sold for $920,000 last week, and you can buy the downstairs unit with identical condition and layout for $900,000 because the seller is very motivated, then you may be buying a deal, relative to units in the building. When it comes to sales price comparison of ‘a deal’, it is always ideal to compare within the same building, same neighborhood, same period of time (month/week), condition and exposure of the condo to determine if it is a good deal or not.

When determining a good Manhattan New York condo investment, ultimately we are talking about a property that is going to hold it’s value and have the best opportunity to maximize appreciation in the future.  Every person comes with their own thoughts on what makes a good investment, but as an active real estate agent in the Manhattan condominium market our experience will help you make a more well informed buying decision.

Call us today at (917)837-8869 so we can discuss how to maximize your investment.

Read other helpful blogs:

Central Park New York Condos With Terraces

Central Park Apartments with terrace Have you been looking for a Central Park Condo with a terrace or outdoor space? There are very few buildings that have that rare of all Manhattan condominium features, your very own outdoor space. Having your very own private terrace or balcony is a highly desirable feature.

To begin with, there are very few condominium buildings that directly face Central Park. Now add in the combination of having outdoor space and you are looking at a very limited section of the market. To get a Central Park view, you either have to live in a building that directly faces Central Park, such as Fifth Avenue on the Upper East Side, Central Park South, or Central Park West on the Upper West Side. Or you need to find a condominium building that is tall enough to clear the buildings in front of it and still see Central Park, a building like 101 West 67th Street-The Millennium Tower, 25 Columbus or 60 Columbus Circle at the Time Warner Center, 1 Beacon Court or 721 Fifth Avenue, or the Park Imperial, just to name a few. The general room of thumb is that the higher the floor in a building, the more than likely you will not have accompanying outdoor space. Can you imagine being 60 stories up with a huge outdoor terrace?

To find a Central Park Condo with a terrace, you will probably have to live on one of the exclusive avenues facing Central park directly. A few examples of Central Park condos with terrace’s could be found at a building such as 160 Central Park South-The Essex House or 15 Central Park West, 279 Central Park West, on the Upper East Side at 1212 Fifth Avenue and other select Fifth Avenue Buildings.

Expect pricing to be quite specific to each building. Any apartment with direct Central Park views is not priced like other apartments that might be similar in size, they are priced and compared to other Central Park facing condos.

If you want the Central Park View but don’t absolutely need the terrace

and want to save on price then moving to a taller building that still has unobstructed views of the park is a great option. There will be more selection, compared to a search with outdoor space.

Overall, a search for Central Park Condos with a terrace will include some of the most exclusive apartments in all of Manhattan, having your very own apartment facing Central park is well worth the investment.

Contact us (https://manhattannycondosforsale.com/contact/) or call (917)837-8869 directly to discuss what exactly you are searching for in terms of the Central park apartment with terrace. These apartments are one of the kind and not always available, we can start the conversation early and we will put you on the list to contact as soon as one becomes available if they are not currently on the market.

To read more about Central Park neighboring buildings or Manhattan Real Estate market, see blogs posts below:

  1. Upper West Side
  2. https://manhattannycondosforsale.com/central-park-condos/
  3. Dorchester Tower Condominium-155 West 68th Street New York NY 10023
  4. The Coronado-155 West 70th Street New York NY 10023
  5. The Grand Millennium-1965 Broadway New York NY 10023
  6. Millennium Tower-101 West 67th Street New York NY 10023
  7. The Park Millennium-111 West 67th Street New York NY 10023

Central Park NYC after Hurricane Irene!

Sunday after Hurricane Irene, we decided to go for a walk in the park since the weather looks stable and there are many other Manhattanites out and about especially the mass transit is still shut off.

Central Park looks just like another Sunday with many joggers, bicyclists, strollers and tourists enjoying the scenery.

Riverside Blvd & Riverside Park Manhattan New York

RIVERSIDE BLVD Manhattan New York

Riverside Boulevard is the location of the Trump Park Buildings and now the Extell Development Buildings in the Upper West Side. Not to be confused with Riverside Drive which starts at 72nd St and goes north, Riverside Boulevard starts at 72nd St and goes SOUTH.  Right now it end at 62nd St, but will be lengthened as new development, specifically the Riverside South development project begins.

The Riverside South project was notably developed by Donald Trump and his partners.  Not an easy project that took some time to actually happen as it was a complicated and massive development deal.  The area was originally a freight rail yard owned by New York Central Railroad. Also complicated the development was the West Side Highway, which had to be buried for a certain amount of road.

After decades and many different configurations the project finally came to some fruition as a number of hi-rise condominium buildings were built under the Trump Place name and the Riverside Boulevard address was born. Riverside Blvd is home to the Trump Place buildings and now a number of Extell development buildings including The Rushmore and the new condominium the Aldyn.  There is still southern expansion of the area that is going to be the home of more condominium building’s along with planned parks, school, retail and community involvement.

Some of these buildings include 240 Riverside Blvd-The Heritage at Trump Place, 200 Riverside Blvd, Trump Place at 120 Riverside Blvd, 100 Riverside Blvd-The Avery, 80 Riverside Blvd-The Rushmore and 60 Riverside Blvd-The Aldyn.

Manhattan New York condo buyers frequent asked questions:

Other Upper West side Condo buildings:

If you are interested in purchasing, renting, selling or investing in any of the condominium buildings on Riverside Blvd contact us today at (917) 837-8869.

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Lincoln Square Neighborhood Manhattan New York

The Lincoln Square neighborhood is considered the gateway to the Upper West West.  At it’s core is Lincoln Center, considered one of the world’s leading performing arts centers and certainly the premier performing arts center in New York City. Lincoln Center includes the New York Philharmonic, the Metropolitan Opera, The Julliard School, the New York City Ballet, just to name a few of the organizations that call Lincoln Center home.

One of the aspects that sets the Lincoln Square Neighborhood apart is the Lincoln Square Business Improvement District. The goal of the Lincoln Square BID is to provide additional support to the business and atmosphere of the neighborhood.  They do this by having their own public safety officers patrolling and walking the neighborhood.  The Lincoln Square BID also provides additional services to keep the area clean and to provide an aesthetically pleasing streetscapes. They also provide support the neighborhood businesses and non-profits that call the neighborhood home.

Lincoln Square Neighborhood is so appealing to live in and also to visit is the close proximity to Central Park. Literally just minutes from Central Park, Lincoln Center provides a starting off point and ending point for many visitors to the area.  For the residents who call the neighborhood home, the access to Central Park is a major draw.  Being close to Central Park is one of the major advantages of living in the neighborhood.  There are many condominium buildings in the neighborhood that have views of Central Park and the Hudson River in the Lincoln Square neighborhood.

Along with the location, an attractive feature of the neighborhood is the combination of transportation options including multiple subway lines running along Broadway and Central Park West. There are also multiple bus routes that go right through the hear of the neighborhood providing easy access in and out of the area.  Being in close proximity to restaurants and shopping destinations including, the Apple Store, Lowes Movie Theater, Bar Boloud, among many others has made this area a highly desirable neighborhood to own a condominium apartment.

Lincoln Square Condominiums Apartments for sale include apartments at The Grand Millennium-1965 Broadway, The Park Millennium-111 West 67th Street, and 101 West 67th Street New York NY 10023. Together those three highly desirable condos make up the Millennium Buildings.   Other very popular Lincoln Square Condominiums for sale include Dorchester Tower Condominium-155 West 68th Street, The Coronado-155 West 70th Street, 45 west 67th Street, 150 Columbus Ave, 200 West End Avenue, and others.

Whether you are looking for a view of Central Park in a luxury full time doorman condo, a starter studio to be used as a pied a terre when you are in Manhattan New York, an investment property, you can find it in this Lincoln Square neighborhood. The prices have remained very strong in the area due to the strength of the neighborhood.

If you are interested in purchasing a condominium for sale in the Lincoln Square neighborhood, contact us today as your resident experts.

Call us now at (917) 837- 8869 to discuss your specific Real Estate needs.

Manhattan New York Park Avenue Upper East Side living at is Best

900 Park Avenue New York NY 10075. Park Avenue three bedrooms rentals at 900 Park Avenue. (3 bedrooms/3.5 bathrooms RENTAL $19,000 per month)

Spacious combination unit over 2,000 square foot 3BR/3.5BA corner unit of Park Avenue and East 79th Street in Upper East Side of Manhattan New York.

This apartment has mint condition windowed kitchen with Viking appliances and marble bathrooms, wet bar for entertaining, library off the living room (can be used as third bedroom), ample closet/storage space, private laundry room, and custom made cabinetry.

The Park 900 Condominium is a Full Service Luxury Condominium located at the northwest corner of East 79th Street and Park Avenue.


The front of the building has a circular drive and displays a magnificent Botero Sculpture. This is available immediately, call (917)837-8869 today to schedule a private showing or your own New York Park Avenue condominiums.

1965 Broadway-Grand Millennium

One of the Millennium Buildings, the Grand Millennium at 1965 Broadway is located at one of the premiere Lincoln Center locations.  Between 66th and 67th on Broadway, the Grand Millennium looks over the prime Upper West Side.  The Grand Millennium at 1965 Broadway is one of the most coveted Lincoln Square Condos buildings.

This 32 story 200 unit Upper West Side Condo building was originally built in 1996 as one the Millennium Buildings. The other two are 111 West 67th St and 101 West 67th Street.  1965 Broadway is a full service condominium with 24/7 doorman and concierge services. Maid Service, laundry in the building, and a pet friendly building will be just a few of the amenities that you will be able to experience living in this Lincoln Center Condos building.

The Grand Millenium was designed with a slightly curved south facing glass facade.  It has a more modern aesthetic than most of the post war condominium buildings in the area.  Most apartments have expansive views of the Upper West Side, Central Park and river views can be found in the higher floors.  Balconies and fireplaces can be found in some of the more desirable apartments.

The mix of apartments in the building ranges from One Bedroom, two bedroom, three and four bedroom apartments. One Bedrooms typically are priced starting in the $800,000 range and go up.  For more information regarding what is currently for sale at the Grand Millenium, 1965 Broadway please contact us today.

If you are looking for one of the premiere Lincoln Center Condo buildings the Grand Millenium should be on your short list of apartments to see.

If you are intersted in find a condo for sale in1965 Broadway-the Grand Millenium Manhattan NY Condos contact us today at (917)837 8869. Or Email us here: https://manhattannycondosforsale.com/contact/

Other wonderful Lincoln Center area condominiums:

Millennium Tower-101 West 67th Street New York NY 10023

The Coronado-155 West 70th Street New York NY 10023

The Coronado Condominium at 155 West 70th Street

Coronado Condominium at 155 West 70th Street New York NY 10023.

The Coronado Condominium is one of the more attractive Lincoln Center Condo buildings.  Built in 1990, this 22 story, 122 unit building is well regarded as one of the more desired upper West Side condo buildings. You will be greeted by 24 hour doorman and concierge when you walk into the Coronado Condominium NYC.

The Coronado at 155 West 70th Street is well known for the two cast stone gargoyles that flank the entrance at 70th and Broadway.  Typically this type of architecture has been a focal point for the much older pre-war co-op buildings in the area, but the architects, Schuman, Lichtenstein, Claman & Efron, decided to bring a focal point and it’s been well received as one of the most memorable features to anybody who visits the building.

The Coronado Condominium has one of the better amenity packages of any Lincoln Center Condo building.  There is a 12,000 square foot amenity floor including a health club with sauna, children’s playroom, billiards room, and residents lounge with built in kitchen.  These amenities are one of the main attractions in the building and propel the building as one of the best condominium buildings in the Upper West Side Condo market.

One of the great features of the Coronado Condominium at 155 West 70th Street is the mix of condominium apartments for sale in the building.  A range of studios, one bedroom, two bedroom, three and four bedroom apartments are available.

If you are looking for a Lincoln Center Condo for sale or in the hunt for an Upper West Condo for sale than the Coronado is a building you should look at.  Located in the heart of the Upper West Side at 70th and Broadway, you are walking distance to Lincoln Center, Central Park and Riverside Park, shopping at Fairway, with the convenience of transportation at your doorstep.

Call us (917)837-8869 for your own Coronado condo or other Manhattan New York condos.

other wonderful Upper West Side Condominiums:

Dorchester Tower Condominium-155 West 68th Street New York NY 10023

Three Lincoln Center Condo – 160 West 66th Street New York NY 10023

Millennium Tower-101 West 67th Street New York NY 10023

The Park Millennium-111 West 67th Street New York NY 10023

Chesterfield-186 West 80th Street New York NY 10024