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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.

At Selene, designed by Pritzker Prize Laureate Foster & 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

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

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

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