That's because in Manhattan, the range per square foot is extraordinarily wide. Some of the elevator buildings here represent some of the most expensive real estate in all the world, while other elevator buildings are relatively modest, without even a doorman.
The average really doesn't tell you anything useful. Much better is to take the apartment you're interested in and see how it compares with others that are similar.
Lic Real Estate Salesperson
Charles Rutenberg LLC
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