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Three of a Kind: Seeking the ‘Average’

Featured Properties // Jan 05, 2012

Manhattan can never be described as average, but these apartments can. According to the latest market reports, the average sale price of a Manhattan apartment is $1.45 million. What does average look like? Pretty great, if you ask us. Here’s a look at three CORE listings priced around that magic number.


Where: 650 Sixth Avenue #5-A
Size: 1 bedroom/1 home office/2 bathrooms
Asking: $1,575,000
Listed by: Kirk Rundhaug, Mark Lynch and Ryan Fitzpatrick

There’s not much else that can be called average about this expansive (over 1,200 square feet) space that straddles Chelsea and the Flatiron District. The Cammeyer, a pre-war jewel that was once the world’s biggest shoe store, is one of the best loft buildings downtown. The finishes and location are second to none, the layouts are impressive — here there’s a 35′ x 12′ Great Room — and the building’s white-glove service goes above and beyond any concept of “average.”


Where: 211 Madison Avenue 12-A
Size: 1 bedroom/1.5 bathrooms
Asking: $1,250,000
Listed by: Susan Rubell

Madison Avenue is a legendary stretch, but that doesn’t mean that living there is out of reach for everybody. Coming in at slightly less than the cost of the average Manhattan apartment, this condo unit at 211 Madison Avenue includes private outdoor space, a walls of windows, sleek new finishes and the serenity of having only one other apartment on the floor. Simply put, a great value.


Where: 1280 Fifth Avenue 7-E
Size: 2 bedrooms/2 bathrooms
Asking: $1,375,000
Listed by: Natalie Rakowski, Tom Postilio and Parul Brahmbhatt

There’s no denying we love 1280 Fifth Avenue, located right on Central Park with some of the best views in the city. Typically, apartment on the park are the most expensive and desirable in the entire city as well, but there are some that fit a more modest budget while still aiming to impress. This two-bedroom is one of them, with over 1,500 square feet allowing you to live the Fifth Avenue lifestyle for an average cost.