Manhattan | November 2022

According to New York City records, the median price for an apartment in Manhattan for the month of November 2022 was $1,125,000.  The price represents an increase of 7.1% from the median price of $1,050,000 recorded in November 2021. The number of apartment sales dropped dramatically from 1109 to 855 reflecting a year-over-year decrease of 22.9%.  November represents the third consecutive month that the volume of year-over-year sales have dipped in the borough.

What exactly does $1.125 million get you in Manhattan?  Let’s take a closer look.

Apartment 8-A at 208 Delancey Street is a sun-filled one-bedroom with outdoor space in a stunning new condominium development on the Lower East Side. 

208 Delancey Street is located between Pitt Street and Ridge Street just across from the Williamsburg Bridge entry ramp.   The mid-block structure with its flowing curves artfully wraps around the corner property at Delancey and Pitt Street and fronts both streets.  The structure, which was designed by the award-winning firm ODA New York, rises 12 floors and contains 85 apartments. 

Apartment 8-A is a fusion of indoor and outdoor space with a total area of 638 square feet.  The corner one-bedroom offers 501 square feet of interior space and a private terrace off the living room which measures 137 square feet. Weather aside, the door to the terrace may never be closed. 

Apartment features include oversized triple-pane windows, a washer/dryer and wide plank oak flooring. The open kitchen is replete with an eat-in peninsula, marble countertops and backsplashes and a suite of high-end integrated appliances.  The custom cabinets feature dual finishes and tones.  

Building amenities offer a wide array of curated indoor and outdoor environments. The landscaped roof deck features dramatic skyline views, numerous seating areas, a fully equipped kitchen and fireplace.  Additional amenities include multiple lounge areas, fitness center, private courtyard, laundry room, bike and storage.  The private resident’s lounge features a catering kitchen, areas for dining and billiards, conference room and a second dining space with additional privacy.  Security is provided by a full-time concierge.

Apartment 8-A at 208 Delancey Street was first listed in late August 2022.   The price represents a value of $2,245 per interior square foot.

The property was represented by Ian Slater and Andy Li of Compass.  Please visit Linecity for more details and other availabilities at 208 Delancey Street.

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