THIS IS A MUST READ unit pricing at 3 Lincoln Center Condominium:

166 West 66th Street named Three Lincoln Center Condo is a 60 story tall building and originally built in 1993, as a condo owner you have two very important factors when that effect pricing. Condo units on higher floors and especially when Central Park views are reached, there is a very large increase in price.

The building is about 20 years old now, so some units are still in original but well maintained condition. You will find apartments in various degrees of renovation. If an apartment has experienced a renovation recently the pricing will be heavily influenced. So, when looking at prices please take into consideration:

1. The floor and view from the apartment

2. The apartment renovation 

Below is an In-Depth Analysis of 3 Lincoln Center Condominium Prices:

Studio's: 3 Closed Studio Sales Occurred Since January 2014

Price Range: $741,000-$880,000

Average Price per Square Foot: $1550 sq/ft

Closing Price vs Asking Price : On Average the Apartments closed for 2.5% than the asking price.  Conclusions: The alcove studio market has a lot of demand, the privacy the alcove provides is extremely valuable. The price point these alcove studios fall into is an entry level price range, so the buyer side demand is strong.

One Bedrooms: 6 Closed One Bedroom Sales Occurred Since January 2014 

Price Range: $1,375,000 - $2,000,000  

Average Price per Square Foot : $1750 sq/ft

Closing Price vs Asking Price : On average the One Bedrooms, closed right at the asking price. The high was 6% above the asking price and the low was 4% below the asking price. Conclusions: A big price difference between one bedroom sales at 3 Lincoln Center, which leads us back to our earlier discussion that the floor(view and exposure), layout and renovation differences that exist at the building greatly impact pricing. The one bedroom market at the building has a lot of demand because the apartments have a few very desirable features including they are very spacious, have one and a half bathrooms and some can be converted to have a 2nd small bedroom.

Two Bedroom's: 7 Closed Two bedroom Sales Since January 2014

Price Range: $ $2,410,000 - $3,800,000  Average Price per Square Foot : $2365 sq/ft

Closing Price vs Asking Price : There were some large fluctuations on the closing price vs asking price, due to a few sellers pricing very aggressively and then needing to make large price adjustments. Once those adjustments were made down to the relative price range that Two bedrooms have been selling at 3 Lincoln Center, then the apartments entered contract quickly. Most apartments went into contract right around the asking price, but the overpriced listings needed about 10% price adjustments. Conclusions: A big swing and range of the total price differences, a good example that understanding how being familiar with the pricing of individual layouts at 3 Lincoln Center condo is especially important. Overall the price per square foot reflects what other similarly sized apartments are selling for in comparable buildings to 3 Lincoln Center condo.

As condo owners that are looking to sell with the best price, it is absolutely essential to price very precisely to the market. The incorrect pricing usually lead to long time on the market and need to make huge price adjustment later. With so many factors considered in pricing Three Lincoln Center Condo, it is beneficial for serious condo owners to give us a call and we can provide an obligation free guidance in pricing.

Call us today to discuss your 3 Lincoln Center Condo Pricing

Why rely on just internet pricing estimate? Talk to us, Manhattan Condo market experts today!

Check Out Our Latest Posts

Three Lincoln Center Summer 2015 Market Report

​ Looking at the sales report of 3 Lincoln Center, overall we see a lot of positive signs of a healthy market. The Average Days on Market has decreased since the last time we measured, a sign that buyer demand is still alive and well. Negotiability from the List Price to the final Closed Price has remained relatively the same, hovering around 3%. Taking into co [...]

Continue reading»

3 Lincoln Center Condo Sale Prices

Sales History of 3 Lincoln Center Since January 1, 2014 Apt. 35G Two Bedroom/Two Bathroom Size: 1291 sq ft Closing Price: 2,623,100 Original Price: $2,850,000 Price Per Square Foot: $2,032 sq/ft Closed: December 2014 Apt. 32A One Bedroom/One and a Half Bathroom Size: 907 sq ft Closing Price: $1,700,000 Original Price: $1,675,000 Price Per Square Foot: $1,874 Clos [...]

Continue reading»

Who can manage my Three Lincoln Center Condo for me?

Many of our out of town condo owners ask: Who can help me rent out and manage my Three Lincoln Center condo once I own it? This is a good question, we work with many out of town and oversea investor buyers that also asked the similar question because many condo owners are not Manhattan New York based and would like a full range of service. When we sell an unit in 160 West 66th [...]

Continue reading»

3 Lincoln Center Rental Prices

Rental Prices for 3 Lincoln Center as of April 2015 Keep in mind that rental prices can be seasonal, as demand and supply shift in the winter months and the high season is typically late spring and summer when prices peak. With a building like 3 Lincoln Center, that is 60 floors tall and with different layouts and apartment renovations vary you will see the rental valu [...]

Continue reading»

Lincoln Center Upper West Side condo buildings

One Lincoln Plaza – 20 West 64th Street New York NY 10023 Alexandria 201 West 72nd Street New York NY 10023 Dorchester Tower Condominium-155 West 68th Street New York NY 10023 The Coronado-155 West 70th Street New York NY 10023 The Grand Millennium-1965 Broadway New York NY 10023 Millennium Tower-101 West 67th Street New York NY 10023 The Park Millennium-111 [...]

Continue reading»

Qualifying Tenants for a Manhattan NY investment condo

We work with many out of town and international condo owners who purchased a New York condo with us and ask us to secure a qualifying tenant for their investment condo.  As part of our service to our condo owners, we qualify extensively and ensure the perspective tenant have an excellent financial security and good standing US credit history. To rent an NYC condo unit, [...]

Continue reading»

Building information

160 West 66th Street - 3 Lincoln Center Information Front Desk Phone Number: (212) 787-2341 Management Company: Rose Associates, 200 Madison Avenue 5th Floor (212) 210-6666 Investor Friendly Pied a Terre Allowed Pet Friendly [...]

Continue reading»

Do I sell Furniture together with my 3 Lincoln Center Condo?

This is a very common asked question by our condo sellers. Many of the website photos of the Three Lincoln Center Condos at 160 West 66th Street or other Manhattan condos will have furniture and fully furnished units. However, the furniture DO NOT convey in a New York condo sale unless it is specifically mentioned in the property description or discussed prior to the negot [...]

Continue reading»

Connect With Us On Social Media

Don't Forget...

As a subscriber, you never miss a post AND you get access to my exclusive free guide/weekly content/whatever benefits you offer. Sign up today to join over 20,000 happy subscribers!