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Nolita Apartments for Sale : January 2010 Report

By
Real Estate Agent with Douglas Elliman Real Estate

Nolita Apartments for Sale - January 2010

Nolita Apartments for SaleNolita is one of the most desirable neighborhoods in all of Manhattan. Living in Nolita is the quintessential New York experience, walking down the cobblestone streets, some of the best boutique shopping and dining in all of downtown Manhattan and all in a convenient location close to SOHO, NOHO and the Lower East Side.

Apartments for sale in Nolita range from approximately $550,000 all the way up to $13 million with apartments built in the early 1900's to recently constructed new developments built in 2009. From charming walk-ups to amenity rich full floor penthouses, Nolita's apartments are some of the most sought after in all of downtown Manhattan.

Nolita apartments for sale are dominated by condominiums with a few co-ops mixed in.  The Nolita real estate market is often seen as an offshoot of its neighbor Soho, but is still a product of its more relaxed roots.  New Construction buildings have entered the market place with varying reflections of the neighborhood character.

Below is a detailed breakdown of Nolita apartments for sale in the month of January of this year:

  • 1 bedroom Condominiums- As of Jan 15 there are 7(seven) 1 Bedroom Condominium apartments for sale in Nolita dominated mostly by sales at 211 Elizabeth St. There are 5(five) one bedrooms that range from $1.6 million to $2.45 million. But if you prefer a more intimate walk-up building you can find a 1 bedroom for $575,000 and in an elevator doorman building you can find a 1 bedroom for just under $900,000.
  • 2 Bedroom Condominiums- There are 8(eight) 2 Bedroom Condominium apartments for sale in Nolita with a median price of just under $2,200,000.  There is a wide price range from $849,000 to $3,895,000.  The median size of the apartments is approximately 1600 square feet and the median price per square foot is approximately $1354. The two bedroom apartments are mostly find in the newer condominium buildings on Lafayette, both 225 Lafayette and 285 Lafayette, and in 211 Elizabeth St designed by architects Roman and Williams. 
  • 3 Bedroom Condominiums-There are 7(seven) 3 Bedroom Condominium apartments for sale in Nolita with a median price of $3,150,000.  The price range starts at $1,595,000 and ends at $8,950,000 for a Penthouse unit at 285 Lafayette. If you are looking for a 3 bedroom apartment in Nolita, the new development at 290 Mulberry will have all the most selection right now.  These full floor lofts range in price from $2,500,000 to $7,500,000.
  • 4 Bedroom Condominiums- All 3(three) available four bedroom condominiums are found at 285 Lafayette.  The price range is from $6,800,000 to $12,800,000.

Nolita Apartments for SaleIf you would like any specific information or would like to search for any individual Nolita apartments for sale please feel free to contact me and I will do a customized search based on your individual preferences or if you an owner of a Nolita apartment contact me today for a detailed analysis of what your apartment is worth in todays market.

To view the apartments for sale in Nolita - you may just find your very own piece of the Big Apple!

  1. Nolita: New York City Neighborhood Profile
  2. Nolita Apartments for rent : January 2010 Report


For information regarding Nolita apartments for sale,  or for Nolita apartments for rent contact me at morgan.evans at elliman.com or call me at (917) 837-8869.

Contact me at morgan.evans (@) elliman.com or visit http://www.elliman.com/MOE

http://www.Manhattan-Condo-Living.com

 

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Morgan Evans is a Licensed Real Estate salesperson in Manhattan New York specialize in neighborhoods such as: Greenwich Village, Soho, Union Square, Upper East Side, Upper West Side, Chelsea, Midtown West, Midtown East, Nolita, Lower East side, Financial District in Manhattan. Morgan specialize in working with international buyer, high net worth buyers,  parents buying for children and investors buyers. Contact him today by calling (917)837-8869.

https://www.eileenandmorgan.com/
Dorchester Towers Condo

 

Comments(4)

Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula
Realty Works Temecula - Temecula, CA
Realty Works Temecula

Morgan:  I am surprised to hear about your market.  My husband, who has been to New York says it is actually a status symbol to live in the City.  City dwellers of these fine condominiums do not have to deal with the Subway....says he!

Jan 22, 2010 04:05 PM
Eileen Hsu
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

Great analysis of the neighborhood of Nolita New York. I am sure the perspective buyer/residents appreciates this report.

Jan 23, 2010 12:26 AM
Ruthmarie Hicks
Keller Williams NY Realty - 120 Bloomingdale Road #101, White Plains NY 10605 - White Plains, NY

Wow!  I didn't realize how much lower prices were here in Westchester...No way are you in 4-figures per square foot anywhere in our county.

Jan 23, 2010 10:41 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Morgan, you do a great job in showing the public how Nolita's real estate market is heating up!   You are the expert to call when a buyer is thinking of purchasing!

Jan 23, 2013 11:13 PM