The Caledonia Condominium at 450 West 17th St Market Report

By
Real Estate Agent with Douglas Elliman Real Estate

The Caledonia Condominium at 450 West 17th Street is located in the heart of the Meat Packing District of West Chelsea and literally right next to the High Line Park.  If you are looking for a condo near the High Line Park you couldn't get any closer as there is access from the park into the building.  The Caledonia is one of the most prime West Chelsea Condominium buildings for a number of reasons.

The location of the 
Caledonia is in the most prime section of the Meat Packing and West Chelsea neighborhood at 450 West 17th Street.  Just a few years old, with occupancy in the later half of 2008, the Caledonia is a 24 story, 180 unit condominium building with a large mix of apartments.  The Caledonia also has a rental building attached to it on the lower Eight Story tall northern section of the building.  The building sold out very quickly, made up of a variety of sized condos, from studio's to 3 Bedrooms and larger combination units.  Some condos for sale at the Caledonia have outdoor terraces, taking advantage of the beautiful and mainly unobstructed views of the Hudson River, downtown Manhattan skyline and High Line Park

Many people looking for a condo near the High Line Park decided to purchase at the Caledonia.  The developer's of the building, The Related Group, are one of the most well established and respected real estate development companies in Manhattan.  They consistently develop many successful condominium buildings all over Manhattan.  On this project Related was in co-development with Taconic Investment Partners.   The location, quality of construction, views from the apartments were all very desired, but adding to that is a wealth of amenities that the building gives it's residents.  Starting off with a full time doorman and concierge there is a Culture Lounge by Assouline, a Zen Meditation Garden, for the fitness lovers a Equinox Gym within the building, a landscaped roof deck, an entertainment lounge with private accessible terrace, children's playroom, a business center, bike storage and garage in the building.

The Caledonia was the first big new condominium built along the High Line Park.  It acts as one of the southern anchors for condos near the High Line.  Almost all of the more recent development of condos near the High Line have been built north of where the Caledonia sits at 17th Street.  The apartments themselves at the Caledonia are going to be everything that you would expect and want from a new construction condominium in this West Chelsea Meat Packing District neighborhood.

The apartment interiors were all designed by New York based and world renowned Clodagh Design.  Kitchens are equipped with top of the line appliances, Sub-Zero refrigerators with double freezer drawers, Viking ovens, Wolf cook tops, Miele dishwashers.  You couldn't ask for better equipped chef caliber kitchens.  The bathrooms will feature soaking tubs, separate shower stalls, custom double vessel sinks in the larger sized apartments.  

Even thought the Caledonia is a large building there are not that many apartments currently available on the market.  This low amount of supply is evidence of the highly desirable nature of the building and this West Chelsea neighborhood.  Art galleries, the High Line Park, Chelsea Market, shopping, restaurants, and nightlife area all close by in the Meat Packing District.

So far in 2011 there have been over 15 closed sales for condominiums at The Caledonia at 450 West 17th Street:

  • Junior 1 Bedroom Sales at the Caledonia Condominium: From $735,000-$830,000
  • 1 Bedroom Sales at the Caledonia Condominium: From $922,000 - $1,325,000
  • 2 Bedroom Sales at the Caledonia Condominium: From $1,550,000 - $3,200,000
  • 3 Bedroom Sales at the Caledonia Condominium: From $2,800,000 - $4,575,000

 

The Caledonia is a building with a variety of layouts and differently sized apartments even within each bedroom category.  Higher floor apartments with better exposures are going to command higher pricing.  If you want specific information about a certain type of apartment, contact us and we will provide you with the breakdown of pricing for that size of apartment.  Call me today at (917) 837- 8869 or email at Morgan.Evans(at) Elliman.com

For a condo near the 
High Line Park, the Caledonia is a definite must see.  It's well established in the West Chelsea neighborhood is right next to the the High Line Park, minutes from the Meat Packing District.  If you are interested in buying, renting, selling or investing at the Caledonia Condominium at 450 West 17th Street, contact us today, at (917) 837-8869.

If you want to know what is currently available for sale or for rent you can contact us at 
(917) 837-8869.

 

Posted by

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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

 

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Rainmaker
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Eileen Hsu
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

High line Park Caledonia condo is a great condominium with full amenities and services.

Oct 28, 2011 07:12 AM #1
Rainmaker
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Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Morgan, great presentation on Caledonia condos in High line park, and know you have quite a few great condo buildings to choose from!

Feb 22, 2013 03:10 AM #2
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Morgan Evans

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