What You’ll Pay
Of the 129 apartments listed for sale on UrbanDigs in mid-December, the least expensive was a one-bedroom, one-bath walk-up co-op with city views and an in-unit washer-dryer, offered for $399,000 with income restrictions ($40,176 for one or two people, $46,872 for three or more). The most expensive, at $13.995 million, was a five-bedroom, five-and-a-half-bath condo on the 28th floor of 215 Chrystie Street, atop an Ian Schrager hotel.
Of the 176 rentals listed, the least expensive was a studio in a prewar condo listed for $1,550 a month, furnished or unfurnished; the priciest was a four-bedroom, four-and-a-half-bath penthouse with a rooftop terrace offered furnished for $50,000 a month (in the same building as the priciest condo for sale).
The median price for all apartments sold in 2020 through mid-December was $950,000, compared with $999,999 in 2019, according to data compiled by UrbanDigs. The median sale price for one-bedrooms remained unchanged, at $775,000; for two-bedrooms, the median was $962,500 in 2020 through mid-December, down from $1.32 million during the same period in 2019; and for three-plus-bedroom apartments, the median sale price was $1.365 million, down from $3.535 million in 2019.
Seven of the nine sites at Essex Crossing are already open or under construction. The Artisan, a 28-story rental building, is now leasing market-rate apartments, starting under $3,000 a month for studios. One Essex Crossing is a condominium building, with sales starting next year, from $975,000.
Source: | This article originally belongs to Nytimes.com
