August 24th 2012
Mann Report Residential
The Park Collection, a trio of revitalized early 20th century condominiums, is creating a buzz throughout the Upper West Side. With details hearkening back to Harlem’s renaissance heyday, the cosmopolitan residential portfolio, comprising two apartment buildings and one former hotel, includes the Park Lane at 118 West 112th Street, Park Place at 42 West 120th Street, and Park Manhattan at 411-421 Manhattan Avenue.
“It’s the best of old and new, where modern luxury meets urban history,” says Charlie Lewis, Senior Marketing Director of Warburg Realty Partnership. “The neighborhood is once again dynamic and each building offers distinct details and amenities.”
Only two blocks from Central Park, the Park Lane offers a level of affordable luxury rarely seen in Manhattan, such as a patio garden, fitness room, a children’s outdoor playground with jungle gym, bicycle room and private storage. Already 80% sold, the remaining one-, two-, three-bedroom condominium apartments start in the low $300,000s.
Park Place is another attainably priced condominium conversion with 24 available residences, ranging from a 483-square-foot studio to 895-square-foot two-bedroom homes, also starting in the low $300,000s.
The Park Manhattan is also attracting a steady stream of buyers, including first-timers and families interested in the five-story condominium conversion. The classic, pre-war building offers studios, one-, two-, and three-bedroom residences ranging in price from $169,000 to $497,000.