Apparently, not even the reliably costly West Village is proof against the COVID-induced housing price drops sweeping Manhattan. In keeping with residential-real-estate analytics agency UrbanDigs, the median asking value for brand spanking new listings within the space has decreased to the bottom determine in years, from $2.8 million in Could to $1.765 million in August. Or, in sum: “Consumers could quickly begin to discover actual offers within the West Village,” says John Walkup, CEO of UrbanDigs.
To search out stated offers, we scoured listings within the neighborhood for nice-looking items with a superb quantity of area and facilities for the worth. Under, our 5 favorites, listed so as of ascending value. All of them turned out to be items in co-op buildings and are primarily under-$1 million studios and one-bedrooms, except a very pretty two-bedroom with casement home windows on Perry Road.
Worth: $439,000 (month-to-month upkeep: $681)
Notable characteristic: White-painted brick hearth
This studio at 84 Horatio Street, whose value was lower 1.3 p.c ($6,000) earlier this month, is on the second ground of a 1915 walk-up and has two south-facing home windows overlooking a communal backyard. The month-to-month upkeep is extraordinarily, unusually low. There’s a similar unit within the constructing asking about $20,000 much less, but it surely’s positioned additional up (on the fifth ground). Despite the fact that Le Bain is just a three-minute stroll away, so is Barbuto — and this stretch of Horatio is quaint and quiet, lined with principally brick townhouses.
Worth: $699,000 (month-to-month upkeep: $703)
Notable characteristic: A wall of recent cupboards within the corridor
One other itemizing with an exceptionally low upkeep and up to date value lower (of $12,000), this one-bedroom at 227 West 11th Street simply went by a serious renovation, with every part new — from oak flooring and quartz counter tops to the Hansgrohe rain bathe and plumbing. The condominium nonetheless has some interval appeal with its clear base and wall moldings, although. It sits on the fourth ground of a pet-friendly six-story walk-up, which has a shared stone-paved backyard. The nook constructing is technically (by a few hundred toes) nearer to Tartine than Seventh Avenue.
Worth: $835,000 (month-to-month upkeep: $873)
Notable characteristic: Skylights in the lounge and toilet
Sitting atop a five-story elevator-equipped prewar constructing, this one-bedroom at 61 Horatio Street will get a ton of sunshine from its two skylights and three south-facing home windows. Sharp updates abound: There’s a Bertazzoni vary and hood within the kitchen, floor-to-ceiling customized shutter-door closets within the bed room, and a rain bathe within the rest room. Although it doesn’t have personal outside area, residents have entry to a furnished widespread roof-deck with Hudson River views. And upkeep comes beneath $1,000 a month.
Worth: $850,000 (month-to-month upkeep: $1,063)
Notable characteristic: 250-square-foot personal terrace
This co-op studio at 61 Jane Street is on the dear finish of studios within the West Village, but it surely’s the one unit with personal outside area within the neighborhood asking beneath $900,000 (the one different one beneath $1 million is in the identical constructing, which is listed at $975,000 and has a good larger terrace). The condominium is comparatively spacious, with three closets and a separate eating space. Each the kitchen and tub come renovated with new cupboards and fixtures (and a Sub-Zero fridge). The 19-story constructing is precisely one block from Nook Bistro.
Worth: $1.35 million (month-to-month upkeep: $1,802)
Notable characteristic: Three units of built-in bookshelves
One among two items on the second ground of a five-story brick co-op, this two-bedroom apartment at 29 Perry Street (not on the block with the Carrie Bradshaw stoop) is probably the most romantic of simply seven two-bedrooms listed beneath $1.5 million within the Village proper now. Along with all of the built-in bookshelves wrapping across the dwelling space, you’ll discover three ornamental fireplaces (every bed room has its personal) and a built-in bench and nook beneath giant casement home windows that overlook the backyard at St. John’s within the Village church. Whereas rather more costly than every part else on our record, it’s nonetheless beneath the median value for two-bedrooms within the neighborhood.