Greenwich Village NY Condos buyers MUST READ

By
Real Estate Agent with Douglas Elliman Real Estate

Greenwich Village NY Condos buyers MUST READ

Have you been looking for a condominium for sale in the Greenwich Village neighborhood in New York City? If you have been looking for a Greenwich Village NY Condo than you have probably been seeing a couple of market activities happening quite consistently:

1. Multiple Offers on 1 Bedroom Greenwich Village Condos for sale. I have been working with multiple customer's looking in the 1 Bedroom Condo market. If a newly renovated full time doorman 1 bedroom condo has come on the market for less than $1,000,000, the first open house is packed and multiple offers come in shortly. Most of the offers are cash, or non-mortgage contingent at or near the asking price.

2. Almost no inventory for Greenwich Village apartments less than $600,000. The studio or alcove studio condominium market in not only Greenwich Village, but in the East Village or the West Village is quite limited. After a couple of afternoons you can see everything that is available. The well priced apartments are selling quickly and the apartments with more aspirational pricing are even getting more interest. This time of year see's an influx of demand and the low supply creates an atmosphere where the best Greenwich Village condos for sale are moving quickly.

3. Greenwich Village Pre-War condo inventory is scarce. Building's like 59 West 12th Street, 2 Cornelia Street, 115 Fourth Ave, 45 Christopher St, 299 and 302 West 12th St, The American Felt Building have very little inventory. The Bing and Bing Emery Roth designed pre-war condos are always desired and when priced well sell quickly. The unique apartments, such as duplexes, apartments with open views, recently renovated, don't sit on the market quickly.

4. Larger Apartments Inventory Limited. In my database I see 12 Two Bedroom Condos for Sale in Greenwich Village right now, 10 Three Bedroom Condos for Sale in Greenwich Village and 4 Four Bedroom Condos or Larger in Greenwich Village. If you are entering this segment of the market, you will probably expand your search to the West Village, parts of the East Village and parts of Chelsea, but you will still have a small number of apartments to view.

Overall, the spring and early summer real estate market for condos for sale in Greenwich Village has been quite robust with multiple offers for apartments priced effectively for their individual part of the market. One Bedroom Condos in Doorman buildings have seen a lot of interest.

For more reading about Greenwich Village Real Estate:

If you are interested in purchasing a Greenwich Village Condo or an apartment in the downtown area contact me today at (917) 837-8869 to discuss your specific needs.

Posted by

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Morgan Evans is a Licensed Real Estate salesperson in Manhattan New York specialize in neighborhoods such as: Greenwich Village, Soho, Union Square, Upper East Side, Upper West Side, Chelsea, Midtown West, Midtown East, Nolita, Lower East side, Financial District in Manhattan. Morgan specialize in working with international buyer, high net worth buyers,  parents buying for children and investors buyers. Contact him today by calling (917)837-8869.

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Show All Comments
Rainmaker
1,090,006
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Morgan, I am not looking to buy in the city, but you title grabbed me anyway. I can't get over the prices and I appreciate the overview.

Jun 29, 2011 08:00 AM #1
Rainmaker
659,962
Eileen Hsu
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

Great current market condition of Greenwich Village of Manhattan New York.  Multiple bids is not uncommon in these desirable neighborhoods.

Jun 29, 2011 09:29 AM #2
Rainmaker
652,863
Realty Works Temecula
Realty Works Temecula - Temecula, CA
Real Estate, Temecula, Murrieta, Menifee

Morgan:  Your blog is looking great and your links, seo and utube are sure to bring traffic....I love that picture, interesting angle that really shows some nice detail!

Jul 02, 2011 02:39 PM #3
Ambassador
2,410,225
Patricia Kennedy
Evers & Company Real Estate, Inc. - Washington, DC
For Your Home in the Capital

Hey, Morgan! 

I included this post in Last Week's Favorites.

Jul 03, 2011 09:53 AM #4
Rainmaker
654,537
Evelyn Kennedy
Gallagher & Lindsey, Alameda, California - Alameda, CA
Alameda, Real Estate, Alameda, CA

Morgan:

Wow! $1,000,000 for a one bedroom condo.  I guess I won't be moving to NY City anytime soon.  Nice blog.

Jul 03, 2011 06:32 PM #5
Rainmaker
1,448,800
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Morgan, you are the Greenwich Village agent to contact as you know your market!     What a great place to call HOME!

Aug 19, 2012 07:26 AM #6
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Rainmaker
534,171

Morgan Evans

LICENSED REAL ESTATE SALESPERSON
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