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


Vistas via Engel & Volkers Vistas via Engel & Volkers
When perusing New York real estate listings, especially low-priced listings are sometimes accompanied by two words of warning: “estate sale.” That might be confusing to buyers from other parts of the country who are accustomed to hearing the phrase used to describe what is essentially a high-end garage sale of the entire contents of a home. But in New York, it means that the home itself has come on the market because the previous owner has died, and the apartment is offered for sale by their estate, usually their heirs.
Some would-be buyers are hesitant to enter a home where there has been a recent death out of fear or respect. Others, however, are more likely to be scared of the condition of the apartments that have not been changed in decades. There is a reason many listings encourage searchers to “bring your architect”: Low asking prices are often offset by the costly, extensive renovations needed to bring these apartments up to modern standards.
425-East-58th-Street-1 Estate sale in 17 East 89th Street via Douglas Elliman
Additionally, the purchase of an estate sale apartment takes more time and legal help than that in the purchase of a traditional unit. It is not unheard of for a deceased person's estate to put the apartment on the market before all legal issues have been fully resolved, which can delay the closing. Inspections are still allowed, but estate sales cannot be contingent on the seller making the changes or repairs one might be able to bargain for somewhere else. The process is complicated enough with a straightforward will, but title claims can further complicate the process. It is little wonder Brick Underground quips that, "what you save on asking price, you may well pay for in the time, effort, and cost it takes in navigating a sale with attorney involvement."
However, certain buyers are not put off by estate sales but rather embrace them. Some people appreciate an apartment’s rich history, and a class of design enthusiasts welcomes the challenge of either restoring a prewar home to its former glory or bringing it into the 21st century. Either way, the following listings offer the chance to create one’s own estate in highly coveted parts of Manhattan for significantly lower prices than one would typically pay.

Upper West Side Elegance
170-West-81st-Street-01 All images of 170 West 81st Street via Triplemint
Silent, spacious apartment boasts soaring ceilings and oversized windows in every room. The flexible floor plan allows for the chance to combine the kitchen and the living room, and the king-sized bedroom is large enough for a walk-in closet. There is also room to install a washer/dryer, but the elegant prewar building counts a central laundry room among its amenities. See floor plan and full details here.

Morningside Heights Manse
549-West-123rd-Street-01 All images of 549 West 123rd Street via Douglas Elliman
Corner apartment in original condition is being sold in an estate sale and in the wake of a fresh paint job. Stunning northwestern exposures look out on the Hudson River, the George Washington Bridge, Riverside Church, and sunsets. Additional features include a windowed eat-in kitchen and extremely generous closet space. See floor plan and full details here.

Clinton Hill Charm
429-Clinton-Avenue-01 All images of 429 Clinton Avenue via The Corcoran Group
Being sold in an estate sale, this classic seven in a beautiful Brooklyn neighborhood is rich in historic details like soaring ceilings, ornate wood moldings, plaster walls and moldings, French doors, eight sets of original brass sconces, and double border oak hardwood floors. The windowed kitchen comes outfitted with an enamel chamber stove, original built-ins, and a large pantry. Residential amenities include a private storage unit, common laundry room, and landscaped common gardens. See floor plan and full details here.

Serenity in Sutton Place
20-Sutton-Place-South-1 All images of 20 Sutton Place South via Compass
Gracious corner co-op in a white-glove building is filled with light from eastern, western, and southern exposures. Both bedrooms are in the west wing of the apartment and feature en suite baths and garden views. The master suite has a dressing room and incredible closet space, and the windowed kitchen also has ample storage space. See floor plan and full details here.

Upper West Side Classic
160-West-66th-Street-01 All images of 3 Lincoln Center via Halstead
Estate sale apartment is in impeccable condition and looks out on spectacular views of the Hudson River and Central Park. Interiors boast 9'6" ceilings, hardwood floors, and clever built-ins throughout. It is in a building offering an elegant lounge, gym, heated pool, and direct access to Lincoln Center. See floor plan and full details here.

Uptown Excellence
622-West-114th-Street-01 All images of 622 West 114th Street via The Corcoran Group
Spacious apartment is rich in prewar details like high ceilings, exposed brick walls, original hardwood flooring, window panels, bay windows, and a beautifully carved fireplace mantle. The windowed kitchen faces south and has been updated with new appliances, including a washer/dryer. The master suite enjoys exposed brick walls and generous closet space. See floor plan and full details here.

Panoramic Parkfront Co-op
41-Central-Park-West-01 All images of Harperley Hall via Stephen P. Wald
Estate sale apartment looks out directly on Central Park from oversized windows and two Juliet balconies. Historic details include original fireplace, high ceilings, original moldings, pocket and French doors, and wood paneling. Amenities include a garage, garden, health club, laundry room, party room, roof deck, storage, and bike room. See floor plan and full details here.

Park Avenue Prettiness
860-Park-Avenue-01 All images of 860 Park Avenue via Engel & Volkers
Full-floor estate sale is surrounded by a wrap terrace with iconic Central Park and city views. Interiors boast three wood-burning fireplaces, an enormous sunroom, and its own two-zone HVAC system. Only one apartment per floor allows for unbeatable privacy, and the building is well situated near the Upper East Side's best dining, shopping, culture, and transportation. See floor plan and full details here.

Exclusive Estate
300-East-33rd-Street-01 All images of Kips Bay Tower via Compass
Estate sale in an I.M. Pei-designed building enjoys unobstructed, south-facing views and incredible natural light. Interior features include original wood floors, gas-powered kitchen, through-wall heating and air conditioning, and flexible layout. The modern doorman building offers a garage and three-acre private park with basketball courts, children's playground, and open lawn. See floor plan and full details here.

Hamilton Heights Hideaway
409-Edgecombe-Avenue-01 All images of 409 Edgecombe Avenue via Douglas Elliman
High-floor estate sale in a historic section of Harlem enjoys gorgeous views of the East River, Yankee Stadium, Jackie Robinson Park, and the building's courtyard. Interiors feature original parquet floors, original moldings, and mirrored walls. The windowed kitchen faces the courtyard and has been renovated. This is an HDFC unit; please contact CityRealty for income limits. See floor plan and full details here.

Top-Floor Treasure
17-East-89th-Street-1 All images of 17 East 89th Street via Douglas Elliman
17-East-89th-Street-2 Dining area
17-East-89th-Street-3 Bedroom
Estate condition apartment's original ceiling moldings, hardwood floors, classic layout, and large living room with wood-burning fireplace offer excellent bones to create a dream home one block from Central Park. The living room is separated by French doors and filled with light from northern and eastern exposures. The master suite features partial Central Park views, two large closets, and a windowed bath. See floor plan and full details here.

Honorable Mentions
310-West-106th-Street-01 Floor plan via Triplemint
77-East-12th-Street-01 77 East 12th Street via The Corcoran Group

80-Park-Avenue-01 80 Park Avenue via Halstead
160-East-27th-Street-01 160 East 27th Street via Compass

107-West-86th-Street-01 107 West 86th Street via Compass
95-North-6th-Street-01 95 North 6th Street via Brown Harris Stevens

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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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