Deanna Kory, Licensed Associate Real Estate Broker, The Corcoran Group
660 Madison Avenue, New York, NY 10065
Email: dek@corcoran.com
Phone: (212) 937-7011
Riverside Drive and West End Avenue Newsletter
Just released!
The Riverside Drive – West End Avenue corridor experienced a very active market during the first half of 2014, with properties across the board by and large selling quickly. Although most of the media attention is focused on new development and condominium sales, the inventory here is predominately cooperative buildings. Depending on the size and quality of the property and the building, the average price per square foot has increased in the 10 to 20% range from a year ago. Similar to the rest of the city, larger co-ops had the biggest price increases – the 3-bedroom-plus category gained 22% in median price as compared to mid-2013.
In a review of this market I also highlight notable sales in every size category. Download the full newsletter here.
Although the Summer months traditionally bring a slow down in market activity, there are still many opportunities for buyers and sellers. If you are considering selling in the Fall, there are many things you can do to prepare in advance. I invite you to contact me with your questions about the Riverside Drive and West End Avenue Newsletter and on the market in general.
Please call me at 212-937-7011 or dek@corcoran.com at any time.
Sincerely,
The Deanna Kory Team is: Deanna Kory, Ileana Lopez-Balboa, Stacey Pashcow, Jane Martin, Christine Morgan, Lynn Nguyen, Carlin Wright & Cindy Kitch.
|
|
|
