New development sites on the Upper West Side are hard to come, more so when the parcel can provide corner exposures on two streets. Great Neck-based Borough Equities were lucky enough to get their hands on one of these rarities at 952 Columbus Avenue at the corner of West 107th street. Named Ivy Park, the seven-story boutique condo building has been designed by Pinner Architecture and will bring 15 one- to three-bedroom units to market. Several months back we reported that the steel-framed building topped off. Completion is scheduled for early 2017.
Ivy Park's modern exterior crafted by Pinner Architecture
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All units will be outfitted with floor-to-ceiling windows, open kitchens, a washer/dryer, wine refrigerator, and walk-in closets. Many apartments will also offer private balconies. Douglas Elliman is handling sales and marketing, and according to their newly-launched teaser site, one-bedrooms will begin at $885,000, two-bedrooms from $1.595 million, and three-bedrooms from $1.795 million. According to our market data, the current average price per square foot for closed condo sales stands at $1,648 within the Upper West Side's Broadway Corridor area. There are presently 100 one-bedroom condos with an average ask of $950,000 now on market in the corridor stretching from 96th to 110th Street.
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Ivy Park’s amenities will include a rooftop lounge, fitness center, virtual doorman, a landscaped interior courtyard, bicycle storage and tenant storage for every unit apartments. The pet-friendly building is located two short avenues from Central Park, three blocks from Riverside Park and several streets south of Columbia University’s main campus. The 103rd and 110th street stations of the B, C and 1 trains are nearby. The property was owned by the Pentecostal Church of God, who will occupy 2,800 square-feet of space on the ground floor and lower level.
Construction progress at Ivy Park as of July
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