Luxury Condo Developments in NYC
In the world of luxury apartment buildings, no place in the world compares to New York City. If you are interested in renting a unit in one of the Big Apple’s inimitable high-end high-rises, you’re in excellent company. Demand for top-tier living is stronger than ever in NYC, prompting a surge of new developments and record-breaking asking rents.
Whether you want to live in the heart of Manhattan or one of the trendiest neighborhoods in Brooklyn, you can pick from many exciting options. BCP Real Estate Group can help you locate the ideal luxury apartment rental in New York; in the meantime, here’s some basic information to get you started.
About NYC Luxury Condos
If you want to buy an upscale home in NYC, purchasing a condo is one of the best ways to go. Approximately 25% of all NYC housing stock consists of condos, so most neighborhoods have a decent array of options. However, co-ops – which are more complicated to buy – account for 65% of all homes.
Buying a condo in New York is easier and more flexible than buying a co-op. As a condo owner, you hold the title to the unit. All owners in a condo building collectively own the land and common areas. These properties have condo boards, but they are far less powerful than co-op boards and generally provide management services.
Features of Luxury Condo Buildings in NYC
Luxury condo developments in NYC tend to be housed in newer high rises, but some are located in historical buildings that have been extensively modernized and renovated over time. Units in such buildings tend to have high-end fixtures and finishes. Some of the features you can expect to find in luxury condos in NYC include the following:
- Floor-to-ceiling windows
- Full-size in-unit washer and dryer
- Gourmet kitchens with natural stone counters, intricate tilework, stainless steel appliances, kitchen islands, recessed lighting, windows and other elegant touches
- Wide plank wood flooring or another high-end flooring
- High ceilings
- Spa-like bathrooms with marble vanities, high-end fixtures, sleek glass showers and other chic features
- Open-concept floorplans affording optimal flexibility
- Smart home technologies like Nest thermostats and automated lighting
- Keyless entry
- Private outdoor space such as a terrace, patio or Juliette balcony
In addition to owning spectacularly outfitted condos, residents of NYC’s luxury condo buildings typically enjoy long lists of desirable amenities. Examples of the types of amenities you’ll find at New York luxury condo developments include the following:
- Doorman service
- 24-hour attended lobby
- 24-hour concierge services
- Valet parking
- On-site parking garage
- Electric vehicle charging stations
- Rooftop decks with swimming pools, seating, BBQ pits and amazing views of the city
- Resident lounges with billiards and other games
- Coworking spaces with free Wi-Fi and various business tools
- Pet-friendly amenities, including dog parks, pet wash stations and pet nannying services
- Children’s playgrounds and playrooms
- State-of-the-art fitness centers with space for yoga, Pilates and group activities
- Extra storage space for residents
- Package acceptance services
- Housekeeping and laundry services
Examples of Popular NYC Luxury Condo Buildings
Some popular luxury condo developments in New York include the following:
- Trump International – Located at 1 Central Park West and built in 1960, this Upper West Side building offers 167 hotel rooms on the lower floors and high-end condos above. The average price of a condo in this 52-story tower stands at around $27 million.
- 432 Park Avenue – Situated on Billionaires’ Row in Midtown East and built in 2015, this spectacular building is the second-tallest in the city and includes 125 chic condo units.
- 11 Hoyt Street – Located in downtown Brooklyn, this 57-story tower was built in 2019 and features 481 luxury condos.
- The Jackson – Located at 13-33 Jackson Avenue in Long Island City, this Queens luxury condo development features 56 units and was built in 2016.
- 70 Vestry Street – This 14-story Tribeca development, designed by Robert A.M. Stern Architects, features a double-height lobby, an indoor pool and a rooftop deck among its many amenities.
- The Jenga Building
How BCP Real Estate Can Help
It pays to have all the help you can get when looking to buy a luxury condo in New York. Connect with BCP Real Estate Group for access to resources, information and services to help you find the perfect NYC luxury condo today.