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UWS Park block vs further west and over 90th?

Started by Guywithcat
about 11 years ago
Posts: 329
Member since: Apr 2011
Discussion about
I realize this is just entirely arbitrary but is there a significant increase in price if we wanted to buy a place on an UWS block that was say, very close to CPW in the 80s, as opposed to a very similar apartment that was west of Columbus, or west of Amsterdam or even as far west as West End or Riverside? Again -- I know it is very hard to make any real valuation on this but would anyone want to take a few shots in the dark as to how prices might differ? In general we are thinking about a pre-war elevator building in the $1.5mm to $2mm range. On the same note, does something similar happen from the 80s to the 90s? THanks!
Response by Aaron2
about 11 years ago
Posts: 1712
Member since: Mar 2012

Depends on whether the seller can claim "Central Park views", or "Hudson River views". I think it's entirely arbitrary, as floor plan, construction quality, condition, neighboring buildings, building financials, views, etc. will be factors. Some people will want to roll out of bed and be right next to CPW for their morning run, and pay a premium for that. Others would hate the walk from there back to Broadway for the #1 train.

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Response by jelj13
about 11 years ago
Posts: 821
Member since: Sep 2011

The C and B trains run down CPW with crossovers to the 1 train starting at 59 St.

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Response by Guywithcat
about 11 years ago
Posts: 329
Member since: Apr 2011

No park views at all. Compare say approximately 40 W 82nd to 140 W 82nd to 240 w 82nd? These are not real addresses. I am talking about the simple comparison. I was told that being close to the park adds a solid 10% or so from being say, over by west end.

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Response by Guywithcat
about 11 years ago
Posts: 329
Member since: Apr 2011

bump?

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Response by NWT
about 11 years ago
Posts: 6643
Member since: Sep 2008

There're many fewerUE elevator buildings on Columbus than on WEA or B'way. There's so little inventory altogether, you should just see what's available on both sides of the UWS, controlling as best you can for the other factors Aaron2 mentioned, and make your own judgement.

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Response by FreebirdNYC
about 11 years ago
Posts: 337
Member since: Jun 2007

Agreed with NWT. We started our UWS search saying that east of Amsterdam was essential, but now having lived in the neighborhood would say that east or west are equally attractive. Proximity to your primary subway is a big plus though (the B,C is pretty spotty, so if you can use the 1-2-3 being close to that line is pretty huge). Also, we find RIverside Park in many ways nicer and more usable than Central Park, so being far west is still pretty great

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Response by StSar
about 11 years ago
Posts: 0
Member since: Feb 2015

I absolutely love living off Riverside and being in the lower W90s I'm just 3 blocks to the express 2,3. I also really like the northern tip of West End Ave, where W 106th and Broadway meet. We moved here from the West Village about 5 years ago and one of the biggest pluses of being west of Broadway is that it is completely non-commercial. We wake up to birds chirping, no traffic noises, and still next to great restaurants and the subway. For us it's the perfect balance.

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