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real estate trends

Via Wikimedia

To make Central Park your front yard, you’ll have to fork over $277,000 more than the median sale price of every bordering neighborhood. A new report by Property Shark looks at just how much more New Yorkers are willing to spend to be near the 843-acre oasis, a real estate trend which the group calls the “Central Park effect.” According to the analysis, the median sale price of units along the first row of blocks across the park was 25 percent more expensive than that of every nearby area. And in the priciest section, the Upper East Side’s Lenox Hill, that rose to a 93 percent difference.

More on the Central Park effect

Celebrities, Cool Listings, Upper East Side

40 East 94th Street, Anthony Bourdain, Carnegie Hill Tower

Photo of Bourdain via Wikimedia

The Upper East Side home of late chef Anthony Bourdain is for sale for $3.7 million, the Wall Street Journal reported on Wednesday. Located at 40 East 94th Street in the Carnegie Hill Tower, the apartment features five bedrooms, a sleek high-end kitchen, and lots of custom built-in storage. Bourdain and his ex-wife Ottavia Busia purchased the condo in late 2014 for $3.35 million, according to city property records.

See it here

Cool Listings, Upper East Side

Located within the posh Upper East Side enclave of Carnegie Hill at 1281 Madison Avenue, this gracefully restored 1,712-square-foot townhouse-style duplex is stunning inside and out, and asking an even $3 million. The lofty 11-foot ceilings and generously-sized West-facing windows allow for plenty of air and light throughout the apartment, but perhaps the best part is that it’s connected to an adjacent condominium and is afforded all the perks of that property.

Take a tour

Cool Listings, Interiors, Upper East Side

You’ve got options when it comes to this prewar duplex at 1281 Madison Avenue, a Carnegie Hill cooperative that’s a block away from Central Park. After being on the market for $3.125 million (price chopped down from $3.495 million) it is now also on the rental market, asking $10,000 a month. The two-bedroom, two-bathroom pad has some lovely prewar details still intact, like the large wood-framed windows, equipped with window seats, parquet floors, fireplaces and 11-foot ceilings.

Take a look around

Architecture, Cool Listings, New Developments, Upper East Side

Danville House, 178 East 94th Street, Carnegie Hill, Yorkville,

Pre-war architecture is alive and well on the Upper East Side. At 178 East 94th Street, along a bucolic, tree-lined stretch of Carnegie Hill, a six-story, 7,650-square-foot, single-family home is squeezing into place as if it’s been on the brownstone block for decades. The 36.5-foot-wide home is being built and designed by Daniel Kohs, owner of Long Island-based Madik Realty.

Called the Danville House, the home hit the market earlier this month for $18 million. The sole exterior rendering accompanying the listing shows a red-brick exterior accentuated by vertical piers, culminating into pointed and spherical pinnacles. It’s crowned near its apex by an open colonnade not unlike that of Murray Hill’s Morgan Lofts.

Read more

Cool Listings, Interiors, Upper East Side

Carnegie Hill, townhousem 121 East 91st Street

Carnegie Hill, a neighborhood of the Upper East Side, is known for its good bones—much of the area lies within historic districts and is dominated by brownstones, townhouses, mansions and museums. This particular property, at 121 East 91st Street, is located on a leafy and residential block of impressive architecture. The townhouse, built at the turn of the century, is no less impressive. It’s been well-maintained from the outside and well-modernized from within. It is now on the market for $7.45 million after selling for $4.4 million back in 2003.

Take the tour

Cool Listings, Historic Homes, Upper East Side

120 East 92nd Street

Townhouses available for rent have a way of seeming decadent and dreamy, the perfect home for a collective of friends or a lucky city family. Their monthly bill is often but a dream for many as well, and this Upper East Side home asking $18,500 a month is no exception; the house itself, however, is quite exceptional.

The amazingly preserved home at 120 East 92nd Street, as well as its neighbor at number 122, and a third, a block over at number 160, comprise a trio of wooden houses built between 1859 and 1871, before the city sprung up on all sides. This collection of dainty wooden houses presents an utterly charming shock of nostalgia amid the brick, stone and steel of Manhattan’s Upper East. One of the last wood-frame houses to be built in Manhattan, the city’s Landmarks Preservation Commission called 120 East 92nd “…a delightful surprise. Time and change have passed it by.” But change, in this case, has been good: The three-story, four-bedroom home’s longtime owners have renovated it for comfort and livability–and preserved it with the utmost care; it boasts every modern convenience while keeping its historic beauty.

Take a look inside this rare historic home

Cool Listings, Interiors, Upper East Side

64 East 86th Street, winding staircase, wrought iron banister, abundant closet space

A charming duplex at 64 East 86th Street is available for a recently discounted $2.85 million. This 2,100-square-foot pad boasts all the offerings of a chic suburban home all within arms’ reach of Central Park, the Met and the Guggenheim. And to top it all off, that gorgeous staircase…

More on that, here

Cool Listings, Interiors, Upper East Side

Remodeled Emery Roth Townhouse Returns, Asking $15M

By Aisha Carter, Thu, December 4, 2014

1145 Park Avenue, Emery Roth, Carnegie Hill Historic District, The Brick Church

For some reason, this remodeled five-story townhouse at 1145 Park Avenue couldn’t command its initial $18.9 million asking price. Now it has returned with a more appealing $14.9 million tag, and it’s hoping prospective buyers will be drawn to its carefully chosen high-end details and its bright, modern design.

Take a look at more photos, here

Cool Listings, Interiors, Upper East Side

3 East 95th Street, Carhart Mansion, Dennis Mehiel, Horace Trumbauer

Dennis Mehiel, corrugated cardboard magnate who ran against Gov. Cuomo in a 2002 election for lieutenant governor, has put his sprawling 10,350-square-foot duplex at the Carhart Mansion on the market, asking $35.9 million. This, after attempting to claim $35 million for it back in 2008, just a few years after he purchased the pad for only $15 million in 2005–“only” being a relative term, of course. The award-winning condo has a two-story master, an 1,100-square-foot grand salon, and the potential for six more private chambers..

Take a look inside, here

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