• January 8, 2019

Battery Park City: A Quick Snapshot of Your Next Home

Battery Park City: A Quick Snapshot of Your Next Home

Battery Park City: A Quick Snapshot of Your Next Home 1024 630 Paper Street Real Estate

The Neighborhood of Battery Park City

Imagine a place that is just a short walking distance to the busy streets of the Financial District where your one stroll away from the overwhelming density of FiDi ,which encompasses New York City landmarks like the historic New York Stock Exchange, the World Trade Center Station with it’s luxury shopping, and the visually rustic St. Paul’s Chapel.

Perhaps history and shopping isn’t your thing and you just prefer to sit back and down a pint of beer. That’s where the Stone Street History District comes into play where many financiers head to for a drink and dinner after work. However, if you prefer serenity on the weekends and after work hours, Battery Park City is by far one of the most unique neighborhoods that New York has to offer. With one-third parkland, and a view of the Hudson River and the ever impressive Jersey City, it’s hard not to boast about this area.

the solaire building battery park city

THE SOLAIRE. Photo credit to Streeteasy.com

Sitting modestly with 13,300 residents, this neighborhood has seen substantial growth over the decades. Going back to 1983, the first residential building constructed in Battery Park City was  the “Gateway Plaza”. Other notable buildings are Millennium Point, The Solaire, Hudson Tower, The Regatta, Ritz Carlton Residence, and The Visionaire.  With only a handful of schools, Battery Park City is host to Stuyvesant High School, which is considered to be one of the top tier high schools in New York City.  This area is also not short on celebrities, with the likes of Kris Humphries from the NBA, Dave Gahan from the famous pop group Depeche Mode, TV personality Tyra Banks, and award winning actor Leonardo DiCaprio. Not only do you have a great school district and the Hudson River on demand, don’t be surprised to find yourself sipping a Penicillin cocktail next to DiCaprio every so often.

The Real Estate Market of Battery Park City

Per a  New York times real estate guide featuring Battery Park City, homes that are most frequently listed on the market are one-bedroom and sell for $1.08 million. A million dollars will get you 652 – 741 square feet. If you are a seller, expect your home to be on the market for 96 days compared to the typical 93 days which is the average for the rest of Manhattan. You’ll find homes valued from $726,702 to $1.08 million. This price range is comparable to other NYC neighborhoods such as Fort Greene, Sutton Place, and Hamilton Heights. Due to the close proximity of so many train lines, you can get to just about any part of the City with ease. If you work in FiDi, this is the ideal the place to live.

If you  are searching for a home in the Battery Park City or the Financial District area, give Paper Street Real Estate LLC a call. We concentrate our efforts on these two NYC neighborhoods. If you want to put your apartment up for sale, we will assist you in finding the right buyer, examining recent trends in the market to get to the highest price for your property, conduct open houses, handle all marketing, list your property on all major realty websites, utilize social media to the maximum, and inform our network of NYC real estate brokers about your property.  If you are a buyer, we can find you a home that fits your budget and and negotiate with the seller on your behalf. Additionally, our firm will assist with the board package, filtering out potential properties to save you time, attend open houses on your behalf if you are unable to go, and work as your fiduciary from day one of our introduction right to the closing.

Contact us by email and let our broker, Kamilla Mishiyeva at kamilla@paperstreetrealestate.com know your needs. Our firm is dedicated to this great city and our clients.We look forward to working with you and making our neighborhood your next home.