The Market

The Open House Scorecard: Ringing in 2013 with price-droppers

By Sara Alessi  | December 31, 2012 - 3:08PM

New Yorkers weren't just making New Year's plans this weekend -- they were actively searching for price droppers before 2013. This week’s edition of the Open House Scorecard--the 10 open houses held this past weekend that StreetEasyusers saved to their open-house calendars more often than any others--features a selection of apartments with reduced (and otherwise relatively low) price tags. So raise a glass to falling sparkling balls and asking prices.

A two-bedroom, one-and-a-half-bath co-op on West End Avenue (between West 96th and 97th Streets) on the Upper West Side boasts a newly-reduced price tag of $725k. With a drop of $25k, this partially renovated prewar apartment still needs some work, though there are modern upgrades, and the half-bath has a W/D and the eat-in kitchen has been fully renovated. The building is a block from the express subway and Riverside Park, and just three blocks from Central Park. Sublets are allowed with board approval. There’s no doorman (maybe another reason for the price drop?).

In Greenwich Village, the price of a one-bedroom, one-bathroom co-op has been reduced $26k to $699k. The corner, move-in condition apartment features a chef’s kitchen with a dishwasher and stainless steel appliances. It’s located on Bleecker Street between Thompson and Sullivan Streets on the eighth floor of a full service elevator building with both a doorman and an intercom system, but the photos suggest that the unit could be light-challenged. The apartment offers views of the Empire State Building, and there’s laundry on every floor of the building. 

Though the price of a $779k one-bedroom, one-bathroom condop in West Village hasn’t been reduced recently, its position under the million-dollar mark caught our eye. You’ll find it on West Fourth Street between Perry and Charles Streets. The corner unit’s got an eat-in kitchen and a renovated bathroom, in addition to a study/den. High ceilings are just one of the period details (circa 1875). But it’s located on a high floor of a walk-up.

Another six-digit apartment is a $645k one-bedroom, one-bath condo on Third Avenue -- between East 23rd and East 22nd Streets – near Gramercy Park. The third-floor walk-up loft can be converted to a two-bedroom. Monthly costs and taxes total $923, and there’s the potential to add windows to the south (there are already eastern and northern exposures). You can even add laundry facilities to the unit. 

For more price droppers (or those below or reaching $1 million), check out the rest of the Scorecard below before ringing in the New Year.

  1. 310 West 97th Street—2.5-bed condo, $1m
  2. 749 West End Avenue—2-bed co-op, $725k
  3. 67 Morton Street—2-bed condop, $995k
  4. 245 West 107th Street—2-bed co-op, $799k
  5. 160 Bleecker Street—1-bed co-op, $699k
  6. 321 West 82nd Street—2-bed condo, $925k
  7. 259 West 4th Street—1-bed condop, $779k
  8. 330 East 49th Street—1-bed condo, $650k
  9. 295 Third Avenue—1-bed condo, $645k
  10. 250 West 75th Street—2-bed co-op, $949k

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