Last week Curbed announced the sale of 1280 Fifth Avenue and we wanted to take a closer look at Architect Robert A.M. Stern's monumental construction that is on the cusp of the east side. The 115 unit condominium will offer 801 square foot studios, 870 square foot one bedrooms and a few two bedroom options with up to 1,699 square feet. Prices are reported at $723,900-$3.355 million at this point which breaks the average down to $1,344 per square foot. The 19 Story building is between 109th and 110th Street, with view of Central Park but folks might remember that many consider this area East Harlem, which technically starts at 96th Street (east of the park). On the other hand, some might want to sell this section of town as an extension of the Upper East Side's Museum Mile which kind of makes sense since the world class Museum for African Art will be opening in the ground space. Then there's Duke Ellington Circle with a statue of the Duke looking over East Harlem at 110th Street and kind of looking at the new development. So, what does everyone think? Is this East Harlem and will the price work at this location? Closest subway stop is the 110th Street 2,3 express at Lenox Avenue. Read more on Curbed: LINK. See floor plans on the 1280 Fifth Avenue site: LINK. Photos by Ulysses
The main problem is that there are no real services in that immediate area. We'll see what the market is willing to pay. It will be interesting to see the price difference between 111CPN and 1280 Fifth Ave.
ReplyDelete3:14 -- I agree on the lack of services in the immediate vicinity. I'm wondering, though, about the long-term potential for change in that regard.
ReplyDeleteGiven the current zoning and available stock of buildings and land, do you suppose there could be significant new commercial development on 110th St and on Madison (or Lex) at some point in the future?
Frighteningly expensive!! I'd be stunned if they got $1300 per sq ft. + for those apartments, given that there are no services in the areas and that the building is surrounded by projects... Building looks nice (though ceilings look low).
ReplyDeleteUnbelievable!!! Who are these people that can afford these prices for such small studios and 1 bedrooms. The immediate area lacks the simplest of amenities for that price or for people with an income high enough to support it. What else is included in those prices?
ReplyDeleteDoesn't matter, yes museums abound on 5th Ave And Mt. Sinai is just down the block but NYC is so much more than its world-class health care institutions and museums.
I think this is asking too much. Someone is obviously dreaming.
does anyone remember what the prices were on the central park north place? werent those super pricey? i guess this is comparative although probably more building amenities here because it's a bigger building (so more people to support more building staff, etc)
ReplyDeleteThe prices in this building makes 5th on the Park look like projects. Can you say OPULENT!
ReplyDelete"The main problem is that there are no real services in that immediate area." - First Poster
ReplyDeleteWhat are "real services"? Some examples please....
"Real Services" are things White people like. There's a website called that in fact I think, "Things White People Like", google it.
ReplyDeletereal service=supermarket. what's the closest one to that address? im pretty sure black people like those too....but i appreciate the constant racism towards white people in the comment section. yes, we're so terrible for wanting places to buy food near our homes. what horrible demanding asses we are.
ReplyDeleteim so over these comments. i try to have a thick skin living in harlem and getting insulted constantly and called all manner of names when im just trying to do my thing and live my life, but there are times when i've just had it-and this is one of those times.
tell 'em why you mad son.
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