Gramercy Starck Condo 2011 Market Report Year in Review One Bedroom Apartments

Gramercy Starck 2011 Market Report Year in Review ONE BEDROOM APARTMENTS.
Gramercy Starck Condominiums for sale had a very constant 2011 Real Estate year.

To see the market report for Studio apartments in Gramercy Starck condo, click here (https://gramercystarck.wordpress.com/2012/01/19/gramercy-starck-2011-market-report-year-in-review-studio-apartments/)

The majority of those sales were for one bedroom apartments.

Unit Sold Price Size* Price Per Sq Ft
3F $745,000 638 $1167
12A $757,000 647 $1170
3L $780,000 770 $1012
5K $787,500 700 $1125
6L $805,000 770 $1045
16H $825,000 718 $1149
15K $910,000 700 $1,300

The average price for a one bedroom condo at Gramercy Starck for sale in 2011 was a little over $801,000.   

The One Bedroom condominium market at Gramercy Starck has been one of the most active segments of the market.

The layouts of the One Bedrooms condos at Gramercy Starck are all relatively the same.

The main differences are that the southern facing lines(A,C) have balconies and the Northern do not.  The sizes range from smallest, 638 sq ft, to the largest L-Line at 770 sq ft.

You will see the size differences most notable in the size of the bedrooms and increased size in the living room spaces.  The higher floor apartments with less unobstructed views still remain to sell at the highest prices.

Stay in tune for the other size of apartment 2011 Market Report.
Call me directly (917)837-8869 to discuss your specific unit in Gramercy Starck condo.
You can also visit: https://gramercystarck.wordpress.com for more Gramercy Starck related blog posts.

*All information regarding a property for sale, rental or financing is from sources deemed reliable. No representation is made as to the accuracy thereof, and such information is subject to errors, omission, change of price, rental, commission, prior sale, lease or financing, or withdrawal without notice. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer.

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Gramercy Starck 2011 Market Report Year in Review STUDIO APARTMENTS

Gramercy Starck 2011 Market Report Year in Review STUDIO APARTMENTS

Gramercy Starck Condominiums for sale had a very constant 2011 Real Estate year.

I have tracked 13 closed sales for 2011.

The majority of those sales were for one bedroom apartments.  

The condos that ended up selling in 2011 were all priced effectively based on building and neighborhood comparable sales.  Studio

Unit Sold Price Size Price Per Sq Ft
4-I $490,000 430 SF $1,140
12-G $555,000 431 SF $1,287

The average price for a Gramercy Starck condo studio in 2011 was $522,500.

Both of these Studio apartments were the Northern facing units, with the higher floors having Empire State views.
Studio size at  Gramercy Starck are all very close, from 430-436 sq ft.
Stay in tune for the other size of apartment 2011 Market Report.
Call me directly (917)837-8869 to discuss your specific unit in Gramercy Starck condo.
You can also visit: https://gramercystarck.wordpress.com for more Gramercy Starck related blog posts.

Gramercy Starck Condo – Best of 2011 Building information

We are the Gramercy Starck Condo Specialists that have sold and leased multiple condo units in this building. In the 2011, we have written many useful information for the perspective owners, buyers, and renters to keep the informed of this wonderful building.

Below are some of the best for 2011:

Gramercy Starck Condo Rentals FAQ  July 2010
HOW TO MAKE AN OFFER for Gramercy Starck Condos?  March 2011
Gramercy Starck Condo Studio For Sale-340 East 23rd Street NY NY 10010  May 2011
Gramercy Starck 340 East 23rd Street condo Spring 2011 Report  April 2011
Gramercy Starck Rentals and Sales Specialist  November 2010

Market Report: Gramercy Starck Condo Building 340 East 23rd Street

Gramercy Starck has seen a lot of activity this summer and throughout the year, a lot more than what we saw last year at this same time.  Right now there are 14 apartments currently on the market, 2 apartments that have contracts signed, with a number of closings in the past 60 days.

7 Studios for sale, ranging in price of $535,000 up to $649,000
4 One bedrooms for sale, ranging in price of $795,000 to $950,000
1 Two bedroom for sale asking $1,550,000
2 Three Bedrooms for sale $1,980,000 to $2,199,000
 
Gramercy Starck had a complete sell out when it first came on the market closing in 2008.  The apartments selling now are ALL resale units meaning you are purchasing from an owner and you do not have to pay the closing costs associated with a new construction condominium, a considerable savings. Below is the list of apartments that have sold this year at Gramercy Starck.
Sold
  • 6G $555,000 (Studio)
  • 5K $787,500(One Bedroom)
  • PH1B 1.365 Million(Two Bedroom)
  • PH4B 2.625 million(Three Bedroom)
  • 3F $745,000(One Bedroom)-Just Closed, September 8th, May not be final closing price
  • 3L $780,000(One Bedroom)-Just Closed, September 8th, May not be final closing price
  • 6L $805,000(One Bedroom)
  • All Prices were found either on PropertyShark and are subject or error and revision
Contract Signed
  • 16H Asking $850,000(One bedroom)
  • 12A Asking $799,000(One Bedroom)
Most of the apartments that have sold this year have been 1 Bedroom apartments, and there looks to be more sales this year of One Bedroom Apartments.  The Average price for a 1 bedroom is $897,500 with a low of $799,000 and a high asking price of $950,000.  The average Days on market of a 1 bedroom is 83 Days on Market. 
Overall, the best priced apartments are selling at Gramercy Starck, with multiple apartments available for both studio’s and 1 Bedrooms buyers are typically seeing multiple apartments and then decided what apartment presents the best value and fit for them.
Read More Blogs below:

Gramercy Starck Rentals FAQ

Gramercy Starck Rentals and Sales Specialist

Call us (917) 837-8869 for your specific Gramercy Starck condo unit today.

Gramercy Starck Condo Studio For Sale-340 East 23rd Street NY NY 10010

Gramercy Starck condo studio-340 East 23rd Street, New York NY 10010. Gramercy Starck condo is one of the most sought after new condo in the neighborhood of Gramercy in Manhattan New York. This Manhattan New York condo building was built in 2007 with Philippe Starck designs.

This studio is North facing with top of the line appliances, washer and dry in the unit, and ideal floor plan for someone looking for a studio in the Downtown Manhattan New York area. Call 917 837 8869 today to see it immediately.

Gramercy Starck 340 East 23rd Street condo Spring 2011 Report

Gramercy Starck Spring 2011 Report-340 East 23rd Street New York NY 10010

Gramercy Starck Condominium located at 340 East 23rd Street has been very active in the sales and rental market so far in 2011.  If you are interested in Gramercy Starck,  looking to purchase or sell a Gramercy Starck Condo than this report will be very informative.

At the time of the publishing of this report there are 15 active condos for sale at Gramercy Starck. The range of the apartments is everything from a studio apartment for $540,000 up to a possible combined Sky House duplex for $5,100,000.  You have studio’s, one bedrooms, two and three bedrooms, skyhouse duplexes and a couple of penthouse condos for sale at Gramercy Starck.

  • Right now there are Three (3) studio condos in Gramercy Starck for sale ranging in price from $540,000 to $580,000.
  • The last Gramercy Starck studio to sell was a 16th floor South facing studio for $575,000
  • There are Five (5) one bedroom condos for sale in Gramercy Starck ranging in price from $799,000 to $975,000.
  • The last one bedroom to sell was a north facing 5th floor for $787,500.
  • There are two and three bedroom apartments starting at $1,595,000 up to $2,000,000.

If you are looking for one of the highly desirable Starck Penthouse or Sky House (duplex) apartments the pricing starts at $2,500,000 for the larger 2 bedroom sky houses and penthouses.  Contact us if you are interested in receiving the most up to date condos for sale in Gramercy Starck.

We are Gramercy Starck condo specialists, if you are a buyer looking to purchase a condo for sale at Gramercy Starck contact us today to receive an in depth analysis of what is available, what has sold, and when a new available condo unit comes on the market. Email us or Call us 917 837 8869, tell us your specific needs and we will put you on list and you will be notify if a unit becomes available that is suitable to you.

If you are an owner at Gramercy Starck and would like to sell, lease or buy another unit in the building, we can help. Contact us as we have successfully sold and lease multiple units for several owners in the building with our aggressive and creative marketing plan. Call us at 917 837 8869 or email us today.

To read more about Gramercy Starck Rentals and Sales:

  1. Gramercy Starck : January 2010 Report
  2. Gramercy Starck Rental and Sales Expert
  3. http://www.GramercyStarckRentals.com

HOW TO MAKE AN OFFER for Gramercy Starck Condos?

Manhattan New York Real Estate market is an unique market place not just buying Gramercy Starck condos, we work with many out of town and international buyers who brings their own ideas and previous experiences of Real Estate transaction into this market place and realize that there is a different way to complete a Real Estate transaction in Manhattan New York. Working with us, we will educate you not only the market, we will also educate you through out the entire Manhattan New York condo buying process.

Buying a Manhattan Condo like Gramercy Starck, Unlike other parts of the country or world, when a buyer makes an offer on a property here in New York, the offer is made through us, the Real Estate agents and the buyers do not sign any contracts or purchase agreement when making an offer.

Real Estate professionals DO NOT WRITE the contracts here in Manhattan New York. Title companies DO-NOT schedule the closings here either. Manhattan New York is an Real Estate attorney state, therefore all closing arrangements are done through Manhattan New York certified Real Estate attorneys. Both buyer and seller will each need an attorney to represent each party. We work with experienced Real Estate attorneys that we will able to recommend you one that best suited for your purchase.

To make an offer for Gramercy Starck condo (340 East 23rd Street) or any other condo in Manhattan New York in the case of Manhattan New York condominiums, as a buyer you will need:

  • Proof of funds: if it is all cash, a bank or stock statement demonstrate that there is enough cash to make the purchase (ideally a United States bank or stock statement). If it is financing contingent, pre-approval from a United State bank is a must.
  • Any contingencies: in Manhattan New York, the common contingencies includes financing contingency to ensure bank will lend, funding contingency to ensure bank will fund(wire money) the transaction, and other sale contingency; if there any prior sale need to happen in order to make the new purchase. Manhattan New York Real Estate market usually do not have ‘INSPECTION’ period especially in Manhattan New York market place, most are condominiums or cooperative structure, inspection is often for Townhouses or single houses only, therefore, there is usually NO INSPECTION contingent as other parts of the country. Manhattan New York condominiums are purchased AS IS.
  • Closing date: This will depend on if you are buying a new condo or a resale condo. If it is a new condominium buying from sponsor, and the condo is ready, the closing date can be as soon as one to two weeks. If it is a new condominium and the construction is still on the way, then this time frame varies. If it is a resale condominium, if the owner is ready to move, and the transaction is all cash, then the time frame can be 45 days as soon as condo board approves the condo application. If financing for a resale condo, this time frame can be 60-90 days or more.
  • Personal Financial statement: This is sometimes required depending on the property (or if cooperative) and if there are other multiple bidding scenario. The personal financial statement includes all assets disclosure such as bank statements, 401K, retirement funds, other owned real estate, other mortgage or liabilities and etc. Full disclosure is a must if it is a Manhattan New York cooperative disclosure.

Once the offer is verbally accepted by the owner (seller), then we will have to provide a Real Estate attorney information immediately to start the contract. We work with a team of experienced Real Estate attorneys that we will able to recommend you one that best suited for your purchase.

If you or someone you know would like to buy a condo in Gramercy Starck at 340 East 23rd Street or sell Manhattan New York condominiums, please call us directly today at (917) 837- 8869. We specialize in Manhattan New York condominium market and have experiences selling Manhattan New York condos in different neighborhoods, we offer confidential consultation customize to your specific investment needs.

Gramercy Starck Rentals and Sales Specialist

Commonly Asked Questions:

Are short term rentals available?

The building requires 1 year minimum leases, so a short term rental is not possible within the building by-laws.

Are pets allowed?

The building allows pets, but each individual owner might not.

Is there a broker fee?

This is a very commonly asked question, this is a condominium building and you will be renting from an owner not a management company. So typically if the apartment is listed through a brokerage company there will be a broker fee involved, this fee varies but can be anywhere from 1 month broker to 15% of the first years annual rent. Each apartment will be different.

How do you get a hold of us to talk about your future apartment at Gramercy Starck?

****You can email us directly at Morgan.Evans (@) elliman.com or call us at (917) 837- 8869.****

For a complete list of the current apartments for sale or rent at Gramercy Starck or for condominium apartments for sale or rent in Downtown Manhattan call Morgan Evans (917)837-8869 for further details.

How to Rent an apartment in Gramercy Starck Condo?

How to Rent an apartment in Gramercy Starck condo? Gramercy by Starck condominium is one of those buildings that makes a statement. If you don’t like those plain vanilla cookie cutter rental buildings you are going to love Gramercy Starck.

To Rent an apartment in Gramercy Starck condo, you will enjoy the amenities the building provides. Unlike most rental buildings there is a high level of finishes and amenities that hard to find elsewhere. When you walk in and are face to face with the huge Renaissance portrait and standing underneath the mega-lampshade-chandelier you know where you are at. The apartments are outfitted with high end appliances, washer/dryers in ALL of the the units, and full access to all of the amenities without any additional costs.  You will have full access to the completely outfitted fitness room with sauna and steam rooms in the his and her locker rooms.

Gramercy Starck Rentals

 

How to Rent an apartment in Gramercy Starck condo Frequently Asked Questions:

  1. Who is the management company? Douglas Elliman Property Management is the current manager of the building.
  2. How soon can I move in the Gramercy Starck Rentals? Gramercy Starck Condominiums has an application process.  This application process can take at the very minimum two weeks up to 30 days depending on how quickly the application is submitted with all of the necessary documentation and board approval.  So if you call us today looking to move in tomorrow or a few days from now, we won’t be able to accommodate.
  3. How much is the security deposit and is it first and last months rent upfront? There is no umbrella answer to this question as each owner will have a different requirement based on their preferences and your   but generally expect at least the first months rent upfront and at least 1 months security.Is Gramercy Starck Rentals pet friendly? As of now, Gramercy Starck is pet friendly, but the individual owner of the condominium may not be, so it depends, call us to find out if the type of apartment you are interested in is pet friendly or not?
  4. Are they any other fee’s involved with Gramercy Starck Rentals? I am going to outline the application fee’s involved in renting, there is a $50 credit application fee, a $1,000 move in deposit that is refundable if no damage takes place at the time of move in.
  5. What about the broker fee? Again, there is no umbrella answer to this question because you will be renting directly from an owner, this is not a big management company, so there will more than likely be some type of broker’s fee involved, whether you or the owner is paying it.  The structure of the broker’s fee will be dependent on each apartment, this is something that we will be able to tell you once we know we know what you are looking for.

How do you get a hold of us to talk about your future about Gramercy Starck Rentals? Call us directly at (917)837-8869.

To read more about Gramercy Starck Rentals and Sales:

  1. Gramercy Starck : January 2010 Report
  2. Gramercy Starck Rental and Sales Expert
  3. http://www.GramercyStarckRentals.com

For a complete list of the current Gramercy Starck Condo Rentals or for sale or rent in Downtown Manhattan call Morgan Evans (917)837-8869 for further details.

Gramercy Starck Rentals FAQ

Gramercy Starck Rentals FAQ.

Why Rent at Gramercy Starck? Gramercy by Starck condominium is one of those buildings that makes a statement. If you don’t like those plain vanilla cookie cutter rental buildings you are going to love Gramercy Starck. Unlike most rental buildings there is a high level of finishes and amenities that hard to find elsewhere. When you walk in and are face to face with the huge Renaissance portrait and standing underneath the mega-lampshade-chandelier you know where you are at. The apartments are outfitted with high end appliances, washer/dryers in ALL of the the units, and full access to all of the amenities without any additional costs.  You will have full access to the completely outfitted fitness room with sauna and steam rooms in the his and her locker rooms.

Gramercy Starck  Rentals Frequently Asked Questions:

  1. Who is the management company? Douglas Elliman Property Management is the current manager of the building.
  2. How soon can I move in the Gramercy Starck Rentals? Gramercy Starck Condominiums has an application process.  This application process can take at the very minimum two weeks up to 30 days depending on how quickly the application is submitted with all of the necessary documentation and board approval.  So if you call us today looking to move in tomorrow or a few days from now, we won’t be able to accommodate.
  3. How much is the security deposit and is it first and last months rent upfront? There is no umbrella answer to this question as each owner will have a different requirement based on their preferences and your   but generally expect at least the first months rent upfront and at least 1 months security.

  1. Is Gramercy Starck Rentals pet friendly? As of now, Gramercy Starck is pet friendly, but the individual owner of the condominium may not be, so it depends, call us to find out if the type of apartment you are interested in is pet friendly or not?
  2. Are they any other fee’s involved with Gramercy Starck Rentals? I am going to outline the application fee’s involved in renting, there is a $50 credit application fee, a $1,000 move in deposit that is refundable if no damage takes place at the time of move in.

  1. What about the broker fee? Again, there is no umbrella answer to this question because you will be renting directly from an owner, this is not a big management company, so there will more than likely be some type of broker’s fee involved, whether you or the owner is paying it.  The structure of the broker’s fee will be dependent on each apartment, this is something that we will be able to tell you once we know we know what you are looking for.

How do you get a hold of us to talk about your future about Gramercy Starck Rentals? Call us directly at (917)837-8869.

To read more about Gramercy Starck Rentals and Sales:

  1. Gramercy Starck : January 2010 Report
  2. Gramercy Starck Rental and Sales Expert
  3. http://www.GramercyStarckRentals.com

For a complete list of the current Gramercy Starck Condo Rentals or for sale or rent in Downtown Manhattan call Morgan Evans (917)837-8869 for further details.