Dec 6, 2008

Apthorp Apartments: Condo Conversion


With it's iron gates, its monumental tunnel like entrances, and its impressive interior courtyard, the Apthorp is one of Manhattan's most dramatic and most frequently photographed apartment buildings. The Apthorp has many famous former and current residents some still in rent-regulated apartments.

The elegant full-block apartment complex built by the Astor family for the New York elite has converted its 163 apartments to condominiums. The landmark 1908 Upper West Side building has two addresses 390 West End Avenue and 2207 Broadway between west 79th and west 78th streets.

The total asking price for all apartments, including apartments of 88 tenants protected by rent-regulation laws, is $1.06 billion, which makes it one of the most expensive condominium-conversion projects. The apartments are grand and well detailed, the original suites have a room-sized foyer with a mosaic tile floor and there are glass-paneled French doors throughout.

The Apthorp price works out to nearly $3,000 a square foot, which is somewhat above the initial offering prices at 15 Central Park West when it went on the market in the fall of 2005, and below that of the Plaza condominiums on Fifth Avenue and Central Park South, which began sales a few months later. The only park views at the 12-story Apthorp are views of the interior fountains and garden.

comments

0 Responses to " Apthorp Apartments: Condo Conversion "

Post a Comment

All related comments are welcome. Spam will be deleted.

 
HOME

This blog site is designed and published as a consumer service by local real estate broker to help Manhattan, New York City buyers, sellers and renters make informed real estate decisions. This site and its feeds are owned and operated by Mitchell J Hall, a NY State licensed real estate associate broker associated with The Corcoran Group and member of the Real Estate Board of New York.

Legal Disclaimer - The opinions expressed here are those of the authors and do not neccessarily reflect the opinions or policy of The Corcoran Group. This site is not the official website of The Corcoran Group or its affiliated companies, and neither The Corcoran Group nor its affiliated companies in any way warrant the accuracy of any information contained herein. Any product and/or services offered for sale on this website shall not be considered an offer to sell such goods and/or services in any state other than New York.

Legal Disclaimer - Information on this site is not intended as legal or financial advice. - All material herein is intended for information purposes only and has been complied from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes or withdrawal without notice. I operate a business that supports Fair Housing.“We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program which there are no barriers to obtain housing because of race, color, religion, sex, handicap, familiar status or national origin.”

© Copyright 2006 -2014 © nyc BLOG estate Al l Rights Reserved