What $1-2 Million Gets You in the Manhattan New Development Market

According to the latest Manhattan real estate data, most new-development apartments that went into contract in the second quarter of 2022 were in the $1-2 million price range. Of the 470 contracts signed during this period, 143 units (30%) were in this price range. While many of the brand-new homes available in the borough were snapped up this past quarter, there are still some incredible options to choose from.

Here is a look at some of the best new-development apartments in this price range on the market right now. Click through to the listing for full building and amenity details.

A SoHo-style Loft at Selene in Midtown West

At Selene, designed by Pritzker Prize Laureate Foster and Partners, is a one-bedroom, 1.5-bath residence in the building’s Modern Loft Collection. The sprawling double-exposure, primary bedroom suite at 100 East 53rd Street is thoughtfully appointed with a dressing area, custom-built closets, and a spa-inspired en-suite bath. Asking $1,715,000.

Building amenities include: 60-foot long garden sanctuary pool; spa with private treatment rooms; fitness and yoga salons; billiards lounge; conference room and library

A Light and Airy Western-facing One-Bedroom in Midtown East

This one-bedroom, one-bath home with a formal entry foyer and home office/flexible space remains available at VU, designed by SLCE Architects and carefully crafted by Paris Forino. Rising from the center of four of Manhattan’s most dynamic neighborhoods–NoMad, Flatiron, Gramercy, and Kips Bay–VU offers a fresh perspective in a supremely convenient setting. Asking $1,550,000.

Building amenities include: fitness center; quiet energy studio; screening room; lounge; pantry; rooftop terrace

A Spacious Two-Bedroom, 1,155-square-foot Condominium in Harlem

Located in the striking cantilevered Eleven Hancock building, this apartment features floor-to-ceiling, industrial encasement style windows, bringing in sunsets that illuminate the home. The thoughtful floorplan includes a second bedroom nearly as large as the 14-foot primary, which also boasts a walk-in closet. The living room is almost 20 feet long by 13 feet wide. Asking $1,455,000.

Building amenities include: 6,000 square feet of amenity space: fitness center; children’s playroom; rooftop lounge; residents’ lounge, landscaped terrace

Explore other new-development buildings here and learn about Brown Harris Stevens Development Marketing here.