Wednesday, July 24, 2013

Terrace Lovers!!!

EXCLUSIVELY FOR TERRACE LOVERS!!!  We are representing the sale of 99 John St, Apt 2203.  Perched on the 22nd floor, this apartment comes with a 530 sqft wrap around terrace with southern, East River, western and northern views all the way to Midtown.  The distinctive terrace has a private garden, dining area, sitting lounge and grill, ready for entertainment.  An oasis in the city.

The lofty 760 sqft interior with south and west exposures is drenched with sunlight.  Custom designed, this elegant apartment features beamed high ceilings, hardwood flooring, high-end appliances, an immaculately appointed bathroom and a quiet south-facing bedroom.  

Asking price of $1.28m equates to $1,249 per sqft, based on total size of 1,025 sqft (760 sqft interior + 50% of 530 sqft terrace).  An opportunistic buy considering the average price of a condo in Manhattan is $1,400 per sqft and the extreme scarcity of condos with a true wrap around terrace.  In the sub $5 million price point, majority of outdoor space is a mere 50 to 100 sqft balcony.   

99 John is an Art Deco pre-war building designed by Shreve, Lamb and Harmon, the architects behind the Empire State Building.

99 John St #2203 - View Full Listing Info

Contact:  tan@castle-avenue.com , 212.380.6134



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