Monday, March 31, 2008
Finished Kitchen- 100 West 18th
View From 6C
I wrote a few months ago about a condo that I was very keen on, 100 West 18th Street. Since that was months ago and the sales office has moved on site, I figured that a follow up was overdue. As it turns out my initial praise was far from overstated and the reality matches and actually exceeds the renderings and the showroom model. Yes, the building has all the quality finishes (awesome Miele/Sub-Zero kitchen and spa inspired baths) that I mentioned before, but what really stood out to me was that the floor plans actually match reality. And, what floor plans they are! Most of the floor plans are unique (I believe somewhere around 24 different plans for 43 apartments), and they are all huge! My personal favorite is #6C, a mammoth 2 bedroom, 3 bath unit with Empire State Building views from both bedrooms and the living room. The apartment measures 1782 sq. ft, but with a living room that measures 32'5"x 14'1", not including the kitchen/dining area with bay window, and with king sized bedrooms, you would swear it was larger. Another unexpected surprise was how remarkably quiet the apartments were. The building is in a prime, yet heavily traffic area on the historic Ladies Mile, but it quickly becomes obvious that Gerry Brauser (the developer) spared no expense in making the apartments sound proof. Finally, the pricing, low commons, and tax abatement make for a compelling investment. 6C for instance, is listed at $2,350,000., which works out to just over $1300/per square foot. A simple search of StreetEasy shows new development condos in the Chelsea/Flatiron area average $1548p.s.f. for 2 bedrooms/2 baths, and $1981 p.s.f. for 2 bedroom/3 bath units like 6C.
With final sign off for closings expected any day, the building is currently 75% sold. Should the building see any traffic over the next few weeks, I would expect the last 11 apartments to go quickly. Do I still love the building? Yes, now more than ever!
Posted by Andrew Fine at 1:17 PM