The Chelsea Stratus Newsletter

July 2017 Edition

 
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Dear Chelsea Stratus Homeowner,

it is my pleasure to present to you with our July newsletter giving you the most up to date statistics on the NYC real estate market and Chelsea Stratus, and events happening around New York City in July 2017. 

With multiple sales and rentals at Chelsea Stratus, our team knows how to effectively market the building to buyers and tenants. Our listings go into contract in an average of 42 days vs. the average agent's 130 days on the market. We also sell properties for 8.68% more than the average agent in NYC. 

If you should have any questions about Chelsea Stratus or would like to know the current value of your home, please click below to contact me now! 

I look forward to seeing you around the building!

All the best,

The Nick Athanail Team

 

The Corcoran Group

Licensed Associate Real Estate Broker

(855) NICK-NYC

NGA@corcoran.com

 

Contact The Nick Athanail Team

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Chelsea Stratus Statistics

(Updated on June 26th, 2017)

**All Statistics are from the past 12 months**

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Current Average PPSQFT

Historical Average PPSQFT

1 Bedrooms

July 2017's Data

Average Price: $1,702,916

Average Common Charges & Taxes: $1,600

Average price per room: $567,639

Average Square feet: 834

Average price per square foot: $2,040

Average Rental Price: $5,279

Median Price History of 1 Bedrooms

(Resale Condos)

2 Bedrooms

July 2017's Data

Average Price: $2,762,352

Average Common Charges & Taxes: $2,411

Average price per room: $698,741

Average Square feet: 1,229

Average price per square foot: $2,257

Average Rental Price: $8,215

Median Price History of 2 Bedrooms

(Resale Condos)

3 Bedrooms

(Includes data from listings that were'nt sold) 

July 2017's Data

Average Price: $8,987,500

Average Common Charges & Taxes: $5,349

Average price per room: $1,057,343

Average Square feet: 2,840

Average price per square foot: $3,165

Average Rental Price: $17,500

Median Price History of 3+ Bedrooms

(Resale Condos)

Chelsea Condominium Statistics

(Updated on June 26th, 2017)

*All Statistics are from the last 3 months*

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Supply Vs Demand

In Chelsea

 

On The Market Now

In Chelsea

 

Recently Sold

In Chelsea

 

Average Price

$2,425,648

Median Price

$2,010,000

Total Active

251

AVERAGE $ / SQ FT

$2,595

Total Closed

77

AVERAGE $ / SQ FT

$1,862

Average Days on Market

127

Average Price

$5,299,792

Median Price

$3,375,000

Average Days on the Market

144

 
 

Average Sold Per Month

25.7

Total Active

251

Months of Supply

9.8

Supply

Oversupply


Manhattan Condominium Statistics

(Updated on June 26th, 2017) 

*All Statistics are from the last 3 months*

Average Price (Manhattan)

Months of Supply in Manhattan

 

On The Market Now

In Manhattan

 

Average Price

$4,398,410

Median Price

$2,492,500

Total Active

3,816

AVERAGE $ / SQ FT

$2,563

Average Days on the Market

151

 

Recently Sold

In Manhattan

 

Average Price

$3,104,804

Median Price

$1,864,199

Total Closed

1,480

AVERAGE $ / SQ FT

$2,130

Price Trend

+0.8%

Average Days on Market

111

 

Supply Vs Demand

In Manhattan

 

Average Sold Per Month

493.3

Total Active

3,816

Months of Supply

7.7

Supply

Equilibrium



Currently On The Market

At Chelsea Stratus

UNIT PH1A

$6,580,000

2 Bedroom | 2.5 Bathroom

2,100 ft²  |  $3,133 per ft²

Common Charges: $1,545
Monthly Taxes: $1,835

DOM: 4

UNIT 6D

$3,550,000

2 Bedroom | 2 Bathroom

1,272 ft²  |  $2,790 per ft²

Common Charges: $1,250
Monthly Taxes: $1,541

DOM: 4

UNIT 6E

$3,000,000

2 Bedroom | 2 Bathroom

1,327 ft²  |  $2,260 per ft²

Common Charges: $1,003
Monthly Taxes: $1,215

DOM: 6

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UNIT 12E

$2,300,000

2 Bedroom | 2 Bathroom

1,113 ft²  |  $2,066 per ft²

Common Charges: $966
Monthly Taxes: $1,613

DOM: 6

UNIT 4A

$3,000,000

1 Bedroom | 1 Bathroom

830 ft² | $2,048 per ft²

Common Charges: $663
Monthly Taxes: $1,101

DOM: 152

In Contract

At Chelsea Stratus

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UNIT 17A

(IN CONTRACT)

$2,250,000

2 Bedroom | 2 Bathroom

1,127 ft² | $1,996 per ft²

Common Charges: $993
Monthly Taxes: $1,207

DOM: 41

UNIT 25C

(IN CONTRACT)

$1,795,000

1 Bedroom | 1.5 Bathroom

793 ft² | $2,263 per ft²

Common Charges: $749
Monthly Taxes: $883

DOM: 62

UNIT 9B

(IN CONTRACT)

$2,450,000

2 Bedroom | 2 Bathroom

1,242 ft² | $1,972 per ft²

Common Charges: $1,033
Monthly Taxes: $1,268

DOM: 184

UNIT 17E

 

(IN CONTRACT)

$2,375,000

2 Bedroom | 2 Bathroom

1,113 ft² | $2,133 per ft²

Common Charges: $983
Monthly Taxes: $1,213

DOM: 71


NYC Events in July 2017

Brought to you by Timeout New York

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Fourth of July in NYC

Independence Day in NYC means fireworks, hot dogs, BBQ, beaches, picnics and other Fourth of July events that make this summer holiday one of our favorites

SHAKESPEARE in the park

Every summer, the Public Theater produces a beloved New York democratic tradition: Shakespeare in the Park, presented for free at the open-air Delacorte Theater in Central Park. There’s nothing quite like hearing the Bard’s immortal words performed outdoors, with a backdrop of natural splendor and the Belvedere Castle looming in the background like the world’s most impressive set decoration.

When: Shakespeare in the Park runs from May 23 through August 13, 2017. With few exceptions, performances are Tuesday through Sunday at 8pm.

Summer Concerts in NYC

Start hoarding sunscreen: Your guide to the best summer concerts of 2016 have arrived. Plan out your summer in New York with our picks for the best warm-weather gigs, including free concerts, jazz concerts, hip-hop shows, summer music festivals and more.

Bastille Day

Francophiles have their choice of fetes to celebrate Bastille Day. NYC's annual events include street fairs, outdoor parties, dance events and performances (the cancan!), and more great things to do outside.

When: Officially, Bastille Day is on Thursday, July 14, 2017. The holiday is always held on July 14 to celebrate French National Day (July 14, 1789). When the French holiday does not fall on a Sunday, NYC celebrations are held the Sunday before, so this year you can celebrate Bastille Day in NYC on Sunday, July 9, 2017, from 12pm to 6pm

Midsummer night swing

Midsummer Night Swing brings together the best of music, free outdoor dance events and things to do outside in New York, but we have a few tips to help you make the most of the festival. Lovely Damrosch Park can get crowded, so be sure to book in advance, get there when the dance floor opens at 6pm, and remember that purses and backpacks must be left at the bagcheck—ladies, you’ll need a dancing frock with pockets.

When: Midsummer Night Swing begins Tuesday, June 27, 2017 and ends Saturday, July 15, 2017. For three weeks this summer, group dance lessons kick off at 6:30–7:15pm, so if you already know your bolero from your barrida, get there closer to 7:30pm once the live music begins.


Thinking of selling or renting your home?

Or just curious about how much it's worth?

We will be happy to provide you with an accurate value of what your home is worth in today's sales and rental market. We respect your privacy and none of your information with ever be shared or sold. 

Name *
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Phone
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Thanks For Reading Our Newsletter! 

Come back next month for the latest up to date stats and updates at Chelsea Stratus. We look forward to seeing you again.

Sincerely,

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The Nick Athanail Team

The Corcoran Group

Licensed Associate Real Estate Broker

(855) NICK-NYC

NGA@corcoran.com