The Chesterfield Condominiums is located in the heart of the Upper West Side neighborhood in Manhattan at the SE corner of 80th and Amsterdam. Originally built in 1920 and converted into condominiums in 1988. The Chesterfield Condominium is 11 story, 91 unit building, elevator doorman building. One of the aspects that sets the Chesterfield Condominiums apart from many of the other buildings in the are is that it is a pre-war building. Many of the units also have different types of outdoor space, balconies, terraces, solariums.
The combination of the location of this doorman condominium and its prewar character have made this a very desired location for many people looking for an Upper West Side condominium. Being close to famous Upper West Side institutions like Zabar's and the Natural History Museum combined with the practicality of a doorman condominium make this a desirable location to own your own piece of the Upper West Side for your own personal enjoyment or investment.
In 2009 5 apartments sold at the Chesterfield Condominiums at 186 West 80th St, New York, New York 10024.
For a comparison of years past, in 2006 6 properties sold, in 2007 4 properties sold, and in 2008 4 properties sold. So it appears that Chesterfield Condominiums in Manhattan is right on its average of how many units sell every year.
The turnover rate for 2009 was 5.5%.
Breakdown of the type of units SOLD in 2009*
- Studios- 3 studios sold- Average price of $448,333 at an average price/sq ft of approximately $1183.
- 1 Bedroom-2 One bedrooms sold - Average price of $585,000 at an average price/sq ft of approximately of $1008.
*- The Apartments at Chesterfield Condominiums have a lot of individual characteristics and features that create a wide variety of value comparisons. Higher floor units with outdoor space, renovations, various layouts really create a situation where each property needs to have individual analysis. We provide our information as an outline as far as values in the building, but stress that to get an accurate idea of an individual apartment line we would need to see it in person to make such an evaluation.
How do the Prices at Chesterfield Condominiums Compare to the rest of the Upper West Side Pre-War Condominium Sales?
- Studios-12 Units Sold at an average price of $444,750
- 1 Bedroom-26 units sold at an average price of $693,564 and $972 per square foot
What does this all mean?
Well that really depends, like I've said before at the Chesterfield Condominiums it's very rare to have two like kind units and pricing in today's market you have to look at the most up to date information as market conditions change continuously. Because we understand the different characteristics of the Upper West Side condominium market we have found a way to provide valuable information and help both our buyers and sellers make informed decisions.
TO READ MORE ABOUT CHESTERFIELD CONDOMINIUMS:
For a complete list of the current apartments for sale at the Chesterfield Condominium or for condominium apartments for sale in the Upper West Side call Morgan Evans or Eileen Hsu at (212)321-7122 or (917)837-8869 for further details.
If you are ready to see the Chesterfield Condominiums to either buy or rent your own apartment, contact us today at morgan.evans(@)elliman.com
Copyright © 2010 By Morgan Evans, All Rights Reserved.*The Chesterfield Condominiums New York City - 2009 Year in Review*