Tom, Other/Just Looking in

How much does a condo's price decrease as the distance to Central Park increases?

Asked by Tom, Wed Sep 26, 2007

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3
As you get closer to Central Park, prices will increase. Also if you have views of the park. But there is no set formula you can use.
1 vote Thank Flag Link Sat Oct 6, 2007
I would say proximilty to Central Park influences the price to some extend but it does not matter as much as the views of Central Park, especially direct views - see this article about apartments commanding a premium for direct Central Park Views http://therealdeal.com/blog/2012/05/30/direct-central-park-v…
0 votes Thank Flag Link Sun Jun 17, 2012
Tom,
Approximately 35 %..Could be mored epending on the building and location..
Why do you want to know?
0 votes Thank Flag Link Fri Sep 28, 2007
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