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From the West Village section of Hudson River Park (CityRealty) From the West Village section of Hudson River Park (CityRealty)
The average price of a co-op in Manhattan increased last month to $1.5 million, up from $1.3 million the prior month, according to research from CityRealty. The neighborhoods with the highest increases in average co-op prices were the West Village, the stretch of the Upper East Side covering Fifth Avenue to Park Avenue, and Morningside Heights.

The average price of a co-op was up dramatically in the West Village, where it was $3.6 million, up from $1.1 million the prior month. There were 12 co-op closings in the neighborhood last month, with the most expensive being the sale of Unit 6 in 165 Perry Street, a penthouse once owned by Robert De Nero that sold for $18 million.
165 Perry Street 165 Perry Street penthouse via Dolly Lenz
The section of the Upper East Side comprising the area between Park and Fifth Avenues up to 79th Street saw the second largest increase in average co-op prices. The average price of a co-op in the area last month was $5.0 million, based on 20 closings, compared to $2.6 million the prior month. The most expensive sale in the neighborhood was for unit 17AB in Parc V at 785 Fifth Avenue, a five-bedroom that sold for $24.5 million.
Park Avenue-0CityRealty The Upper East Side's Park-Fifth Avenue neighborhood (CityRealty)
Morningside Heights saw the third-biggest gain in average co-op prices last month. The average price in the neighborhood was $1.1 million, compared to $705,700 the prior month. The priciest sale in the neighborhood was unit 2E in The Hamilton at 420 Riverside Drive, a three-bedroom that sold for $2.0 million.
420 Riverside Drive 3
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420 Riverside Drive
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