what are typical prices in the morningside heights area for 1 and 2 BRs?

Abhay
Home Buyer
New York, NY

Answers (2)
Eric Uzzo
Agent
New York, NY

our 2007 manhattan market report, prepared by miller samuel... appraiser and consultant... is based on closed sales. It shows (page 57) the 2007 avg price per sq ft for 1 Bedroom co-ops & condos combind at $695 and $541 for 2 Bedroom. This anomoly is caused by the increase in new development construction in that area, which had a focus studio and 1-bedroom. Consistent with most markets the avg price per square foot was historically higher for 2 Bedroom homes, 2004 1BR @ $98 2BR @ $304. We also prepare a quarterly overview. The number for the Uptown Market as a whole, Q2 2008 Co-op @ just under $700 per sq ft. and just over $800 per sq ft for condos. feel free to visit our website for additional information and feel free to email me.

Tue Jul 22 2008, 06:09
Richard Daub
Broker
New York, NY
FIRST ANSWER

That would depend on what you are looking for. Condo, co-op, new development, etc. I am working on a new development on West 115th Street called the Delany Lofts (click on the link below to see the listings). We are 70% sold and our developer wants to get the remaining apartments sold ASAP, so call me so we can talk because the prices you see are negotiatble. There are even units with outdoor space. My number is 917-657-6532 and my email is rdaub@warburgrealty.com.

Mon Jul 21 2008, 16:46

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