535 West End Avenue
Encyclopedia
535 West End Avenue is an apartment building on West End Avenue
at 86th Street (Manhattan)
in Upper Westside neighborhood of Manhattan
in New York City
. Designed by Lucien Lagrange
Architects, the building has 22 half and full floor residences, ranging from 3,744 to 8451 square feet (785.1 m²). With an average sales price of over US$12 million per residence (average sales price per square foot of about $2,000), the building has on average the most expensive apartment residences in New York city.
The construction started in 2008 during the global late-2000s recession and was completed in 2010. The building is compared to a much larger 15 Central Park West
in the same Upper Westside neigborhood but saw its initial two apartment listings sell at a discounted 40% and 25% of the listing prices respectively because of the recession. The demand picked up in the subsequent purchases according to official New York City records that show record sales prices for the rest of the apartment residences in the building in 2010. Wealthy hedge fund managers were reported to be purchasing residences in the building. As of February 2011, all but one of the apartments in the building for sale were sold, with only one of the residences still available on the market.
West End Avenue
West End Avenue is a north-south thoroughfare on the West Side of the borough of Manhattan in New York City, not far from the Hudson River.West End Avenue originates at West 59th Street; the continuation of the street below 59th Street is called Eleventh Avenue. It runs from 59th Street to its...
at 86th Street (Manhattan)
86th Street (Manhattan)
86th Street is a major two-way street in the Upper East Side and Upper West Side of the New York City borough of Manhattan.On the West Side its continuous cliff-wall of apartment blocks includng The Belnord is broken by two contrasting landmarked churches at prominent corner sites, the Tuscan...
in Upper Westside neighborhood of Manhattan
Manhattan
Manhattan is the oldest and the most densely populated of the five boroughs of New York City. Located primarily on the island of Manhattan at the mouth of the Hudson River, the boundaries of the borough are identical to those of New York County, an original county of the state of New York...
in New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
. Designed by Lucien Lagrange
Lucien Lagrange
Lucien Lagrange is an architect and a former partner at Skidmore Owings & Merrill, who founded his own firm, named Lucien Lagrange Architects in 1985...
Architects, the building has 22 half and full floor residences, ranging from 3,744 to 8451 square feet (785.1 m²). With an average sales price of over US$12 million per residence (average sales price per square foot of about $2,000), the building has on average the most expensive apartment residences in New York city.
The construction started in 2008 during the global late-2000s recession and was completed in 2010. The building is compared to a much larger 15 Central Park West
15 Central Park West
15 Central Park West, located at the corner of West 61st Street and Central Park West, is an apartment building built in 2006-8 and designed by the architect Robert A.M. Stern....
in the same Upper Westside neigborhood but saw its initial two apartment listings sell at a discounted 40% and 25% of the listing prices respectively because of the recession. The demand picked up in the subsequent purchases according to official New York City records that show record sales prices for the rest of the apartment residences in the building in 2010. Wealthy hedge fund managers were reported to be purchasing residences in the building. As of February 2011, all but one of the apartments in the building for sale were sold, with only one of the residences still available on the market.