445 West 54th Street Condominium in Midtown West Manhattan | Market Report October 2013
445 West 54th Street Condominium also known as the Lloyd 54 is a boutique non-doorman elevator building located in the hip Midtown West neighborhood known as Clinton or Hells Kitchen.
445 West 54th Street is a 7 story tall, 29 unit low-rise building originally built as a condominium in the mid-1980s, circa 1986. The building is made up of almost primarily Two Bedroom/Two Bathroom apartments that range in size from approximately 1000-1100 square feet. There is a live-in super, keyed elevator, and low monthly common charges and real estate taxes.
Some of the features that have made 445 West 54th Street Condominiums for Sale so popular are that the layouts are very efficient, with very little wasted space. You will typically see a washer/dryer in every apartment which is a huge luxury.
Located on 54th Street, between Ninth and Tenth Avenues, the location is convenient, near all of the restaurants and nightlife along Ninth Avenue. 54th Street is home to other well established and notable Midtown West Condominium buildings such as the Hit Factory and 454 West 54th St- The Griffin Court Condominium.
Why Buy a Condo at 445 West 54th Street?
Condos for Sale at 445 West 54th Street are usually very attractively priced compared to the new construction condos that are found in the area. The layouts for the two bedrooms are very efficient, you have a washer/dryer which is a great luxury, the position of the building on 54th Street allows excellent light and sunshine to come in.
The Midtown West area has a lot of new construction buildings, this is one of the only boutique condominium buildings built in the 1980s, so the pricing is quite entry level. That just means that there is a lot of demand for two bedroom condos in Midtown West that are priced below $1,000,000.
In 2013, a Two Bedroom A-Line sold for $940,000 and recently as of October 2013, a C-Line Two Bedroom Apartment at 445 West 54th Street came on the market asking $895,000 and went into contract immediately.
How to Buy an Apartment at 445 West 54th Street?
445 West 54th Street is the type of building that doesn't have a lot of inventory, but when something comes on the market it usually sells very quickly. So if you are interested in any future condos for sale at 445 West 54th Street, I highly encourage you to contact us and we will update you when an apartment in the building comes on the market. We have been tracking sales at 445 West 54th Street and see about Two (2) Sales every year.
If you are an owner at 445 West 54th Street and want to obtain a price evaluation of what your apartment is currently worth in the sales market or rental market, you can call me directly at (917) 837-8869 or Email at Morgan(dot)Evans(at)Elliman.com.
Midtown West Condos for Sale in New York City has a variety of different types of buildings. Whether you are looking for a new luxury condominium like 454 West 54th Street-The Griffin Court, or a luxury high rise with amazing views like the Link at 310 West 52nd Street, or even the 300 West 53rd Street Condominium New York, New York, there is something for everyone.
Contact us for more information about current condominium availability in the Midtown West Neighborhood of New York City.
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