Nolita Apartments for Sale - January 2010
Nolita 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.
If 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!
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