September 12th 2012
Real Estate Weekly
Park Manhattan, at 411-421 Manhattan Avenue between 117th and 118th Avenues, has landed at the top of the City’s open house lists.
Since the 38-unit building hit the market in late May, first-time buyers and families have flocked to the five-story condominium conversion in record numbers, according to Charlie Lewis, senior managing director at Warburg Realty Partnership, which is spearheading the sales and marketing of the project.
As a result, the building has delivered 11 signed contracts over a three-month period.
The pre-war building offers studios, one-, two-, and three-bedroom apartments, ranging in price form $169,000 to $497,000.
“The sales momentum at Park Manhattan is unlike anything I’ve ever seen,”said Lewis.
“The enthusiasm among motivated buyers seems to be contagious, In just three months, we’re down to three units. We attribute this to the desirable location, beautiful layouts, and attainable pricing.”
The limestone building, which encompasses a full city block, has three private entrances. It’s a short walk to Columbia University and steps from Harlem’s popular Restaurant Row featuring soul food favorite Melba’s, 67 Orange Street, Moca Lounge, Harlem Tavern, Chocolat, Starbucks, and specialty grocer Best Yet Foods.
It is near the B & C trains at 116th Street and the A, B, C, and D trains at 125th Street.
Park Manhattan is a one of the three buildings featured in the Park Collection portfolio.