A Slice of the West Village for…

by Mark Wellborn

On Friday, we asked you to guess the price of a beautiful floor-through, one-bedroom condo in one of the most expensive neighborhoods in the country, Manhattan’s West Village.

“The property has a private 600 square-foot roof deck, a living room with a gas fireplace, a chef’s kitchen with black granite counters and a wine cooler and a large bedroom with 11-foot ceilings, exposed brick and three huge windows,” we wrote. “If you buy this unit, you are also buying the air rights above the building, which would allow you to build up. The interior square footage is about 800, but remember that the roof deck tacks on another 600.”

Take a look:


So how much will this sunny slice of urban heaven set you back? (Drum roll please…) The price: $1,470,000. Here is the listing.

We got a lot of comments, with guesses ranging from a low of $850,000 to a high above $2 million. The majority of guesses were between $1 and $1.5 million which, it turns out, were pretty close. Emerald, with a guess of $1.475 million (“give or take a few grand”), was the closest.

At $1.47 million, the price-per-square-foot of this unit comes to almost $1,900 (or $1,065 if you include the roof deck). To put that staggering premium in perspective, the PPSF is around $700 in Georgetown, $540 in Dupont Circle, $425 in Rosslyn, and $250 in Silver Spring.

And you thought DC was expensive!

This article originally published at http://dc.urbanturf.com/articles/blog/a_slice_of_the_west_village_for/1251


  1. Victoria said at 11:48 am on Thursday August 20, 2009:

    I live in Manhattan and would have guessed $1.2m….
    Guess there’s no recession in the Village…

  1. Victoria said at 11:55 am on Thursday August 20, 2009:

    Note also the monthly charges:  $316 for maintenance + $606 taxes, for a total of $922—over and above your big fat mortgage.

    Welcome to Manhattan!!

  1. Georgetowner said at 12:38 pm on Thursday August 20, 2009:

    $316 in maintenance isn’t bad though.  I’ve seen condos in DC charge $500/month for condo fee and not even offer a gym, concierge, pool.. etc

    and $606/month in property tax for a $1.5M isn’t horrendous either.

  1. Victoria said at 11:11 am on Friday August 21, 2009:

    You’re right, Georgetowner… That’s not horrendous.  I have 1600 sq ft on the Upper West Side, and pay $2043 maint and taxes per month. 
    But still….................

  1. bes said at 3:47 pm on Saturday August 22, 2009:

    I don’t think using a price per square foot on this specific listing is necessarily accurate. The place includes air rights which means that one could conceivably add another floor or perhaps more, depending on the height limitation and development restrictions.

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