Comparing Costs of NYC Beach Neighborhoods

Parts of the Hamptons are priced (on a per square foot basis) more affordably than parts of the Rockaways or even Staten Island, according to data analyzers NeighborhoodX.

As one of America’s most elite summertime destinations, the Hamptons are home to many celebrities, CEOs, and New York’s many socialites. Though considered one of the most expensive real estate markets in the country, other parts of the NYC Metropolitan area are surpassing the Hamptons in price by square foot.

Based on a study conducted for August 2018, NeighborhoodX found that several part of the Hamptons, typically thought to be untouchable real estate, are more affordable than beach towns elsewhere in the New York City area. For example, the average asking price per square foot in Riverhead, on the North Fork of the Hamptons, is  $267/sq.ft., which is more affordable than City Island in the Bronx, where the average asking price is $362/sq.ft.

 

NeighborhoodX, who gathered the data in this study, is a real estate & data analytics firm whose data has been featured in The Real Deal, Wall Street Journal, Curbed, and several other real estate outlets, founded by Constantine Valhouli and advisor Jonathan Miller.

Courtesy of Wiki Commons / Mark Jenney

This set of data further suggests that Brooklyn’s beach towns are currently surpassing the Hamptons in terms of price by square foot. The average asking price for Brooklyn’s Manhattan Beach is $619/sq.ft., and in Brighton Beach, the price is $617, both of which are higher than those in some of the leading Hamptons sections, including Sag Harbor, at $614/sq.ft., Amagansett at $598, and Southampton at $554/sq.ft., according to the study conducted by NeighborhoodX in 2018.

 

The average asking price in Rockaway Beach, which is $335/sq.ft., is on par with the Hamptons’ East Quogue, at $373/sq.ft. Meanwhile, on Staten Island, South Beach ($388) and Midland Beach ($372) are priced on par with Shinnecock Hills ($392) and East Quogue, respectively.

 

In another set of data, NeighborhoodX found that the average property in Manhattan is more expensive per square foot than the trophy properties in many cities, as the average property in Manhattan is $1,773/sq.ft., surpassing Portland ($1,053), New Orleans ($1,308), Austin ($1,466), Philadelphia ($1,643), and Denver ($1,708).

The newly-engaged Ariana Grande and Pete Davidson recently bought a home in the Zaha Hadid-designed 520 West 28th Street condominium complex. Whether a popstar like Ariana or a comedian like Pete, celebrities of all types are looking to own property in the Big Apple. Here are a few perfect for every type of New York City’s celebrities.

The Dog Influencer

Everyone follows at least one dog on Instagram, and the perfect place to raise an Insta-worthy pup is at Fifty Third and Eighth in Hell’s Kitchen. This condominium boasts its own private pet park, and the building’s concierge is always willing coordinate pet spa outings in the city to truly pamper your puppy. Prices range from $1.2-$3.5 million for one- to three-bedroom residences.

Courtesy of Watson & Co.

Courtesy of Whitehall Interiors

The Visual Artist

Artists and interior designers alike will appreciate the detail in the condominium building, 91 Leonard, as it features subtle nods to the older architecture of Tribeca. The building, designed by Whitehall Interiors, includes white-washed wood floors, with planks that are the same width as those of traditional Tribeca warehouses, and a custom rope chandelier in the residents’ lounge that mimics art materials. Pricing of remaining units starts at $1.735 million

The Model

The Financial District is one of the most stylish and sought-after residences in Lower Manhattan, the perfect destination for the City’s hottest models. 19 Dutch is a shimmering downtown jewel,  with close proximity to the Conde Nast headquarters, South Street Seaport, FDR Drive and West Street, of course, for easy access to photo shoots throughout the city. With Dutch-influenced interiors and breathtaking skyline views, 19 Dutch is the perfect residence for up and coming stars. Pricing for residences start in the low $3,000s/month.

Courtesy of Visuals for IF Studio

Courtesy of 525 West 52nd Street

The Broadway Star

Located in the heart of Hell’s Kitchen, the luxury rental 525 West 52nd Street is the perfect spot for the Broadway star who is constantly commuting to and from the theater for shows and rehearsals. Social Broadway stars can enjoy sunset rooftop happy hours, film series in the screening room, book club in the library curated by the famous Strand Bookstore, and more. Average monthly rents top $5,000.

Greystone Development, a New York-based real estate development company, has commenced leasing at No. 223, located in Park Slope, Brooklyn, with leasing and marketing handled by MNS. 

Situated near the Union Street MTA station, above Starbucks and next door to Blink fitness, this modern, 13-story building adds 63 meticulously designed rental units, from studios to two bedrooms, to this vibrant neighborhood.

Daniel Goldner Architects, an award-winning firm based in Chelsea, New York, envisioned this truly unique property, one that celebrates the existing red brick architecture in the neighborhood by incorporating the material into a contemporary context. This same consideration to detail is further demonstrated within the property.

The layouts are carefully crafted to optimize light and air. The upper levels of the building are partially set back to create terraces and dual exposures in the living rooms and master bedrooms and introduce a seamless transition between the interior and exterior. The well-planned layouts also maximize usable square footage, allowing for the inclusion of in-home washers and dryers and ample storage including walk-in closets in most units. With an abundance of building amenities, residents may find themselves not wanting to leave home. Building features include: virtual doorman, part-time attended lobby, a double-height resident’s lounge with a designated chef’s kitchen, landscaped roof deck, and bicycle storage.

“This project has been an incredibly fulfilling process from the start,” said Thomas Ryan, Head of Greystone Development. “Our goal was to give this community a residential development that complements the adjacent landmark and contributes to this area’s vibrancy and activity. We are thrilled to see our vision come to fruition.”

Residents of No. 223 will enjoy, on average, 900 square feet in each unit, and approximate rents starting at net effective $2,315. No.223 is centrally located by many popular restaurants and businesses including Whole Foods, Royal Palms Shuffleboard Club, Brooklyn Boulders, Pig Beach, Blink Fitness, Dinosaur BBQ, and 5th Avenue boutiques.

 

Photos courtesy of Paperfarm

Soccer is now the third most popular sport in the U.S., and real estate developers are beginning to take notice.

The 2018 FIFA World Cup, the most-watched sporting event in the world, just kicked off in Russia, and all over the globe fans and non-fans alike are getting in the soccer spirit. But the soccer frenzy isn’t just growing with the start of the Cup.
Some properties in New York City are being designed to accommodate residents who play soccer and want to do so without leaving their home, with the inclusion of indoor and outdoor fields, simulators, and more. Here is a round-up of the most lux properties with soccer amenities.

180 East 88th Street

Situated in the Upper East Side’s Carnegie Hill neighborhood, 180 East 88th Street is a condominium inspired by New York during the 1920s-1940s. Featuring 48 graciously-appointed private residences designed and developed by DDG, this is an ideal spot in NYC, including a twist: residents have access to a partially indoor soccer pitch. Residents can feel free to practice their penalty kicks at any time, making this space ideal for soccer lovers.

Waterline Square

Waterline Square is a three-tower development in NYC, intentionally designed with expansive indoor soccer fields. Designed by Rafael Viñoly Architects, Richard Meier & Partners Architects, and Kohn Pedersen Fox Associates, this waterfront development is on the Upper West Side of Manhattan and features 263 luxury condominium residences. The property includes several sports and fitness spaces, specifically an indoor soccer field with lots of turf-playing surface.

Madison Square Park Tower

The 63-story Madison Square Park Tower designed a “Simulator Room,” where residents can play any sport of their choosing virtually, including soccer, without ever leaving the building. Madison Square Park Tower is also the tallest residential building between Midtown and Lower Manhattan at 777 feet.

Missoni Baia

Missoni Baia is certainly suited for soccer super fans who would be ecstatic to share an address with a professional soccer star. This 57-story luxury condominium lies in Miami’s popular Edgewater neighborhood and is home to Miguel Borja, forward for the Brazilian club Sociedade Esportiva Palmeiras, participating in the FIFA World Cup for 2018 in Russia. Notable features include five swimming pools, including an Olympic-sized lap pool.

Photos courtesy of Noe & Associates with The Boundary, March Made for DDG, missonibaia.com

From West Village to the Seaport District, these New York City residential buildings go above and beyond with their dramatic architectural features.

Breaking free of what has been the ‘norm’ of rectangular slabs, we’ve recently seen more developers and architects getting creative with these next-level terraces in a bid to capitalize views, add greenery and captivate buyers and residents.

 
X
90 Morton, West Village’s latest condominium conversion, boasts four levels of terraces designed by concept architect, Asaf Gottesman. While New York City codes require buildings to recede as they rise in “wedding-cake” fashion, Gottesman broke free of this constraint by cantilevering terraces over the setbacks, increasing external terraces, ample natural light and privacy for residents.

Photo courtesy of FXCollaborative

Photo courtesy of Binyan by IF STUDIO

Circa Central Park, an Upper Manhattan residential development, boasts residence 8A, a three-bedroom unit with 1,968 square feet of space and an expansive private terrace that overlooks Frederick Douglass Boulevard and the neighboring Central Park. Designed by FXCollaborative, the team kept in mind the iconic traffic circle and ensured the terrace echoed the gradual curvature of Frederick Douglass Circle.
Designed by Hill West Architects, Seaport Residences, the 60-story luxury condominium in Manhattan’s Seaport District, features terraces that spiral up the building in a helix-like movement, illuminating the skyline with long baguettes of lights wrapping its crown like a modern residential lighthouse.

Photo courtesy of Williams New York

196 Orchard and One West End, two highly anticipated developments, are dedicated to providing rich outdoor areas and amenities for homeowners.

By Brielle Bryan

196 Orchard
This development is a limited collection of studio to four-bedroom condominium residences, featuring a 4,100-square-foot landscaped rooftop terrace with sweeping city views, a sky lawn, cabana seating, two chef’s tables and two Alfresco kitchens. The 11-story building also features private courtyards and terraces that are up to 1,634 square feet.
“The Lower East Side has never seen anything like this,” said Jordan Brill, a partner at Magnum Real Estate Group and the developer of 196 Orchard. “We have exposed cement ceilings, but we have beautiful European hardwood floors and top-of-the-line finishes — it’s a direct expression of what we view the Lower East Side to be, which is deep-rooted in great authenticity.”
The building has oversized, dramatic metallic bronze industrial-styled casement windows with imported hand-laid Gilded Bronze glazed Spanish brick surroundings, and is crowned by private rooftop gardens.

One West End
Located on the corner of 59th Street and West End Avenue, this pre-eminent residential tower offers a 12,000-square-foot rooftop terrace overlooking the Hudson River and architect Christian de Portzamparc’s Riverside Center. Developed by Elad Group and Silverstein Properties, this 42-story building is comprised of 246 light-filled one- to four-bedroom residences, with two stunning penthouses.
“It was important to create a quiet, welcoming and relaxing environment,” said Samantha Sax, the chief marketing and design officer of Elad Group.
Fine craftsmanship touches every aspect of these homes, from the bespoke cabinetry to a brushed bronze newspaper box on the entry door. One West End brings together a roster of distinguished leaders in architecture and design to seamlessly offer resort-style living to residents,” Sax said. 

Additionally, there is a two-story, 30,000-square-foot Equinox Fitness Center and Spa with a private entrance, which occupies the second and third floors of the building. 
“We were always designing a roof, but when we were able to sign Equinox as our tenant, and they put in a flagship gym, we decided to expand on that and create a lifestyle for our residents — not just another simple amenity,” Brill said.
 The Equinox Fitness Center will include a yoga and Pilates studio, juice bar and lounge in addition to all of the other training and cardio features the gym has to offer.
This building is located near iconic restaurants, which makes this home perfect for anyone seeking a luxury lifestyle.
“The Lower East Side has really maintained its identity and anybody looking for a real New York experience is attracted to our building,” Brill said. 

One West End is the first and tallest condominium to welcome residents within Riverside Center, and offers a wide variety of amenities, including an expansive fitness center with studio space for yoga, Pilates and personal training, spa treatment rooms and a swimming pool.
“The building has over 35,000 square feet of amenities that are all located above-ground, which is quite unique for a property in New York City,” Sax said.
 The property is debuting a 12,000-square-foot terrace this spring, and it will include beautiful landscaping and cabanas, as well as space for grilling and entertaining.

Photos courtesy of Williams New York

Eugenia Foxworth

Foxworth Realty

15424 Amsterdam Ave., Suite #2, New York, NY 10031

212.368.4902 | eugenia@foxworthrealtyonline.com | www.foxworthrealtyonline.com

Eugenia Foxworth is a unique real estate Broker “without borders” specializing in exceptional Properties in New York City, Riverdale, NY and Internationally. She has acquired a reputation with both buyers and sellers as someone who can make a deal happen through her tenacity, knowledge of the market, professionalism and personality. She has established a reputation for “being out of the box” while getting the job done, therefore this economy does not phase her. Ms. Foxworth is the President/Owner of Foxworth Realty. She is a New York State licensed Broker, CIPS (Certified International Property Specialist), a member of REBNY (Real Estate Board of New York), NYRS (New York Residential Specialist), NAR (National Association of Realtors), MANAR (Manhattan Association of Realtors), NYSAR (NY State Association of Realtors), MWBE (Minority & Women-Owned Business Enterprise) and is on the Executive Board of Directors for FIABCI-USA (the International Federation of Real Estate) that is an NGO (non-governmental organization) with the United Nations and is in 65 countries.

Featured Listing by Eugenia Foxworth

RIVERDALE, NEW YORK

The Whitehall

The Whitehall has long been recognized by real estate influencers as the premier residence in Riverdale. The latest addition to this unique property is this 30,000-square-foot green roof. The largest development of its kind that boasts walking paths, picnic areas, tree-shaded and open-sun seating areas, a hot pit, children’s playground and the finest glass-domed indoor pool in the area. Designed by Genie Masucci, principal of G. Masucci Architects in consultation with Site Works, one of the landscape consultants to Manhattan’s renowned High Line.

Price upon request.

 

Eugenia Foxworth originally appeared as an Elite agent in the Unique Homes Spring ’18: Elite edition. See her page here.

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