Special offer

Greenwich Village neighborhood Manhattan New York Market Report

By
Real Estate Agent with Douglas Elliman Real Estate

Greenwich Village neighborhood Manhattan New York Market Report


In  this high demand neighborhood, we are seeing active and high levels of volume activity.  Greenwich Village is a extremely competitive market, Well priced properties can be sold within one open house with multiple offers. Greenwich Village apartments for sale are some of the most desired types of apartments in all of Manhattan.

 

There are few reasons Greenwich Village properties are highly desirable and competitive.

 

Supply and Demand- In Greenwich Village, there are very limited new condominium projects are built in the neighborhood and those that do are typically not high rise buildings.  The last project at 130 west 12th Street sold out very quickly, a very successful project.  Mainly re-sale condominiums are what comes available and those when priced well are selling at a fast pace.

 

Great location and Near Multiple Universities-Within the Greenwich Village area there are multiple universities including the ever present NYU and Stern Business School, Parsons and the near by Cooper Union and School of Visual Arts or SVA.  The locations near universities brings with it a demand for housing.  We specialize and work with many parents who decide to purchase apartments while their children go to school and start working while in New York City.  Purchasing condominiums in the area as an investment unit is highly sought after because the built in demand and high rental prices are very advantageous for landlords.

Here are some approximate Greenwich Village condos for sale:

Studio’s price from $550,000-$800,000
One Bedroom’s price from $850,000-$1,500,000
Two Bedroom’s price from $1,350,000 – $3,000,000
Three Bedroom price $2,500,000 and up
Penthouse Condominiums for sale in Greenwich Village – call us at (917) 837 8869

 

If you are interested to know about specific price ranges for a certain type of Greenwich Village condo for sale, call us today at (917) 837-8869 or email at
us here: http://manhattannycondosforsale.com/contact/

 

Posted by

______________________________________________________________


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)

Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living
Morgan, very good overview of Greenwich Village neighborhood and condo sales activity. In our parts, we couldn't fathom those prices. Love the brick facade and window details on the building you selected for illustration.
Jul 28, 2012 09:42 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, Greenwich Village has location, amentities and you have shared some pertinent information for buyers!

Jul 28, 2012 12:01 PM
Bob & Leilani Souza
Souza Realty 916.408.5500 - Roseville, CA
Greater Sacramento Area Homes, Land & Investments

Morgan, that is a wonderful "investment" suggestion to parents of students attending school nearby, especially if the numbers work in favor of buying vs. renting. At least it gives them the option to consider both and see what works best. :)

Leilani

Jul 29, 2012 11:54 AM
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

This looks like a great place to live in NYC

Jul 30, 2012 05:36 AM