How much is a view worth in New York City?

Asked by Kaye Thomas, Manhattan Beach, CA Thu May 17, 2007

I'm curious about the value of a view in downtown compared to similar units that have no views?

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Mitchell Hall, Agent, New York, NY
Thu May 17, 2007
According to a 2003 study a good view has a 3.6% premium and an excellent view has 7.99%. premium. Park and river views can be as much as 50% more than the same apartment facing the back of the building.
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