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A blog from CityRealty (Links below will take you to the 6sqft site)


(l-r) Rendering and photo circa July 2020 via CityRealty (l-r) Rendering and photo circa July 2020 via CityRealty
After their partnership on the Morris Adjmi-designed 116 University Place in Greenwich Village, KD Sagamore Capital and Ranger Properties have turned their attention to the Lower East Side with 199 Chrystie Street. A recent site visit saw that construction on the 14-story building has topped out, and The Real Deal reports that the developers are seeking a $95.97 million sellout.
R. Wade Johnson is the architect of record for the new building, which will contain 14 residential units plus approximately 3,200 square feet of commercial space. Amenities will include a gym, bike room, mail and package rooms, and private roof terrace. However, its most highly coveted perk may be its Lower East Side address between Rivington and Stanton Streets, which puts it close to Whole Foods, popular restaurants and nightlife, and public transportation.
Median condo closing prices on the Lower East Side compared to the Manhattan median
The sellout comes to an average price of $6.9 million, or $2,400 per square foot. While these numbers sound high for the area - CityRealty data shows an average condo price of $1,696 per square foot - the project is taking shape in the midst of a luxury Lower East Side building boom along Sara D. Roosevelt Park. Less than a block away, 175 Chrystie Street has an approved offering plan with a $59.97 million sellout. 165 Chrystie Street is ready for immediate occupancy and has availabilities from $3 million. In the opposite direction, availabilities at 215 Chrystie Street start at $6.5 million.

Nearby Condo Listings
165-Chrystie-Street-01 165 Chrystie Street via SNRE Group
From the listing:
Available for immediate occupancy, the park-facing fifth floor residence's east-facing great room has a very powerful sense of arrival when you exit the keyed elevator and take in the views of the tranquil park. The great room has amazing proportions with 9'2'" ceiling, layout efficiencies and sliding floor-to-ceiling multi paned windows. The layout offers flexibility as a flex 3 or a grand 2 bedroom plus an home office in the flexible dining alcove.

The interior finishes and fixtures are modern, timeless and thoughtful with incredible attention to detail throughout featuring 7' engineered wide white oak Italian flooring, recessed lighting, a vented washer dryer and a multi zone heating and cooling system.
See floor plan and full details here.

252-South-Street-01 One Manhattan Square via Extell
From the listing:
Residence #58B faces southwest, and is warm with stunning New York Harbor views. This residence features imported stone and custom finishes, premium Miele appliance package, 5" wide stained oak flooring, master bath with custom wood cabinetry, marble tile walls and mosaic floors with radiant heat, under-mount Wetstyle sink with glass vanity top and Dornbracht polished chrome faucets and a washer and dryer. One Manhattan Square is an 80-story, 823-foot modern glass tower condominium located along the East River waterfront on the Lower East Side with unobstructed panoramic water and skyline views, with over 100,000 square feet of every conceivable luxury. See floor plan and full details here.

215-Chrystie-Street-01 215 Chrystie Street via Dolly Lenz Real Estate
From the listing:
Seamless floor-to-ceiling windows frame the city skyline from every exposure offering a truly one-of-a-kind experience. Upon entering you are immediately captivated by the views of Hudson Yards and the Empire State building to the north, Williamsburg, Manhattan and Brooklyn Bridges to the east, One World Trade Center to the south and the Hudson River to the west. Its stylish interior spaces, designed by John Pawson, feature a sweep of open entertaining spaces and a separate bedroom wing for the utmost privacy.

Pawson transformed the 4,250-square-foot interior using sleek and natural materials: wide-plank white oak floors, American Black Walnut cabinetry, natural Basaltina stone countertops and smoothed natural stone and concrete baths. The open kitchen features top of the lines appliances by Miele and Wolfe including: flush mounted gas cooktop and oven, warming drawer, under counter wine refrigerator, dishwasher with American Black Walnut panel and coffee/espresso machine.
See floor plan and full details here.

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Additional Info About the Building

Luxury Homes in Midtown | Newly Renovated Studio-2BR Homes View Property
Spacious 1 Bedrooms with outdoor space and in-residence w/d View Property
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