Manhattan cheapest sales of the week

New York /
Feb.February 24, 2014 02:55 PM

A Central Harlem co-op that sold for just over $90,000 was the cheapest single-family deal last week in Manhattan.

The apartment, which sold for half the average sale price of others in the building at $180,000, is one of 24 income-restricted units at 214 Bradhurst Avenue. No broker information was available on StreetEasy.

Next on the list was a Hamilton Heights one-bedroom co-op at 849 St. Nicholas Avenue. The income-restricted apartment, which was listed with Halstead Property’s Douglas Booth, sold for about $141,000, slightly more than the asking price. The unit features city views, a separate kitchen, and access to an elevator that “works like a charm.”

The third-cheapest apartment sale of the week was a one-bedroom, one-bathroom co-op in Gramercy Park that sold for $245,000. The home, at the 15-story Sage House at 4 Lexington Avenue, was purchased by an existing resident on the same floor.

The building itself was converted to a co-op in 1986, allows subletting and features a laundry room, bike room, storage and a doorman. Broker information was not available.

Warburg’s Emi Manasse had the fourth most modest sale of the week, a recently renovated 455-square-foot one-bedroom condominium in Central Harlem that went for $275,000.

The third-floor apartment at 48 West 138th Street was purchased after only two weeks on the market and features exposed brick walls and rain showers. The building, known as Saint Anne’s Court, is home to some of the least expensive apartments to hit the Manhattan market as of late.

Rounding out the list, we head uptown to an Inwood one-bedroom co-op at 60 Cooper Street that closed about 5 percent below its asking price, at $282,500. Listed by Marina Sidorenko of Douglas Elliman, the recently upgraded unit features a separate kitchen and living room, hardwood floors, high ceilings and faces a private garden. Residents have access to bike, package and laundry rooms. — Angela Hunt

Source: PropertyShark. Footnotes: Data is for closed deals on residential, single-family homes in Manhattan filed with the city last week through Friday. The data does not include deals in contract. To obtain broker information, closed sales data from PropertyShark was compared with past listings on StreetEasy.


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