MANHATTAN | APRIL 2021

According to city records, the median price in the month of April for an apartment in Manhattan was $1.15 million, the same exact median price from a year ago. However, the number of apartments sold more than doubled year over year, from 437 to 953, an increase of 119%. 

So, what can you get for $1.15 million? Today we’ll look at two of the four apartments that defined the median price for April 2021. 

Apartment 5-DES at 13 West 13th Street, aka the Norville House, is a  renovated two bedroom, two bath residence.   Built in 1962, this  six-story co-op contains 83 units and offers a part-time doorman.  The Greenwich Village location is second to none.

The spacious two-bedroom apartment is a seamless combination of two former studio units.  The primary bedroom has an en-suite bath with a stall shower, a huge custom closet and an adjoining home office.  The kitchen features granite countertops and stainless steel appliances.  It opens into the living room where there is a counter for two.  Southern exposure offers ample sun and views of the landmarked Butterfield House co-op.

The Norville House maintains a part-time doorman and a resident manager. Amenities include an on-site garage, common laundry, bike and storage rooms. The building is located at the crossroad of multiple neighborhoods and within easy walking distance to Washington Square and Union Square.  Access to transportation is spot on. 

Apartment 5-DES was represented by Laurie and Paul Karpowich of Compass.  The listing first hit the market in September 2019 at $1.425 million with another agency.  Compass was hired in August 2020 and took the property to the market at an ask of $1.285 million. To view this home, click here

Our second apartment is located at 870 United Nations Plaza, in the residential hamlet of Beekman Place.  In sharp contrast to our first residence, this postwar co-op rises 39 floors above the grounds of the United Nations and the East River.  

The twin towers, known as 860 and 870 United Nations Plaza, were built by Harrison and Abramovitz, the lead architects of the United Nations complex just to the south.  The iconic full-service building (the two towers are connected at the base) has been home to many public figures including Walter Cronkite, Johnny Carson and Truman Capote.

Apartment 10-B is a five room, two bedroom, two bath residence which features a 32’x16’ corner living room.  There is a formal entrance with a small foyer and an adjoining gallery with built-in bookcases.  The layout offers split bedrooms, each with their own ensuite bath. The extended windowed eat-in kitchen has been renovated and features custom cabinetry and top-of-the-line appliances.

870 is flush with amenities and includes a fitness facility, pilates equipment, golf simulator, common roof deck, courtyard, billiards room, bike room and private storage.  Our favorite perk, however, is the block-long private driveway with a porte a cochere entrance.

Apartment 10-B was represented by Lara Mizrack, Justine M. Bray and Elaine Clayman of Brown Harris Stevens.  The property was introduced to the market in February 2020 at $1.495 million.  The closing price of $1.150 million was 23% off the original ask.  Click here to view this apartment.

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