MANHATTAN | MAY 2021
According to New York City records the median price in May for an apartment in Manhattan was a shade over $1.115 million. That’s 13.9% percent higher than last year’s median price of $960,000. At the same time, the number of apartments sold dramatically increased from 571 to 1,128, a year-over-year increase of 97.5%. Yes, these numbers are skewed due to the pandemic.
So what does $1.115 million get you in Manhattan? Let’s take a look.
Apartment 503, at The Chelsea Club condo on West 19th Street is a one bedroom, one bath residence with a private terrace. The apartment enjoys good southern light and features modern finishes and clean lines. The apartment is located within the West Chelsea Arts District between Ninth and Tenth Avenue, just east of the Highline and a few blocks from Chelsea Piers and the Hudson River Esplanade.
This 700 square feet one bedroom features a living/dining area with an adjoining open kitchen with an eat-in island. Highlights of this gourmet kitchen include Calcutta marble counters, high-end appliances, an integrated Sub-Zero refrigerator and custom cabinetry.
The spa-like bathroom presents a double-vanity with a stone countertop and an oversized rain shower and dual showerheads.
Other details include: refinished hardwood floors, a washer and dryer hookup and a private storage unit.
The Chelsea Club is an intimate full-service condo with just 42 apartments across 12 floors. Building amenities include a fitness facility, residents lounge, deeded parking and a manicured roof deck with Manhattan views.
Apartment 503 was represented by Jared LaFrenais and Paricia LaRocco of Douglas Elliman. The property was introduced to market in December 2020 and was under contract in eleven weeks. To view this residence on Linecity.com at, Click here.