Cheapest Manhattan sales of the week

Homes ranged from a $207K Yorkville studio to a $425K Upper East Side one-bedroom

New York /
Apr.April 01, 2014 11:22 AM

Halstead Property agents dominated the list of this week’s cheapest single-family deals in Manhattan — a roster that included some very inexpensive apartments. How inexpensive? Some of the properties were the least-priciest apartments sold in a month or so.

This week’s list starts with a Yorkville co-op that went for $207,500.

The studio apartment, which sold for just under its $225,000 asking price, is on the fourth floor of 435 East 85th Street. The unit, which features hardwood floors and skylight in the bathroom, is in need of a “complete redo,” according to the listing. Nancy Rapp of Halstead Property had the sale.

We head downtown for the second cheapest on the list, a one-bedroom co-op on the Lower East Side that sold for $350,000.

The apartment at 530 Grand Street, which was listed with Neal Young and Jeremy Bolger of Halstead Property, sold for slightly more than the asking price of $339,000 and featured nearly 10-foot ceilings and solid parquet strip wood floors. Residents of the building have access to a gym, two private parks, a children’s playroom and 24-hour security, according to the listing.

The third-cheapest apartment sale of the week was a 550-square-foot, studio co-op in Civic Center that sold for $375,000. The home, on the 11th floor of a doorman building of Chatham Towers at 170 Park Row, “feels a lot like a one-bedroom layout” and gives residents access to a laundry room, a bike room and an indoor garage at a monthly fee. Eva Eng of Town Residential had the sale, according to the listing.

The fourth least expensive sale of the week was another one-bedroom co-op at 530 Grand Street, this one selling for the asking price of $399,500. The apartment was recently renovated to open up the blackstar-granite counter of the chef’s kitchen to the living area. Bathroom features were also updated. Neal Young, Jeremy Bolger and Anna Shagalov of Halstead Property had the sale, according to the listing.

Rounding out the list, we head uptown to an Upper East Side one-bedroom co-op that closed at $425,000, $15,000 short of the asking price. Listed by Christine Martin, Lisa Larson and Susanne Rhow at Warburg, the townhouse apartment at 157 East 75th Street features a gallery kitchen, fireplace, high ceilings and access to a community garden.  – 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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