350 West 71st Street – a luxury conversion that beautifully combined two historic pre-war buildings into one stunning contemporary condominium – today announced that only eight residences remain available for purchase. With closings underway and residents living in the building, the boutique building continues to sell at a rapid pace and is 80% sold. Additionally, on the heels of selling the most expensive residence in the building, 350 West 71st Street has released its last available penthouse.
“350 West 71st Street is a hidden gem that buyers discovered and fell in love with. With only a few homes remaining, we are thrilled with the success and sales velocity this project has experienced even during this unprecedented time and we anticipate selling out soon,” said David L. Berger, Partner at DNA Development along with Alexander J.A. Sachs. “The recent sales milestone exemplifies the amazing product we are offering here, which includes boutique living and spacious layouts that offer flexibility for the changing world, all of which are especially valuable in today’s market.”
Penthouse C is available for immediate occupancy and is listed for $4.95 million. The expansive home boasts 2,284 square feet of interior space across three-bedrooms as well as 1,429 square feet of private outdoor terrace space complete with a gas grill. Prospective buyers also have the opportunity to purchase Residence 2B, a spacious four-bedroom duplex townhouse that is available for $3.495 million. In addition to these two homes, a few three-bedrooms and two-bedrooms are still available.
In the last several months, six contracts have been signed at the 38-unit building, totaling approximately $18 million of sales volume. Recent sales include Penthouse A, the most expensive unit in the building which is in contract and will close next month. It is also the condominium’s largest apartment spanning 2,553 square feet of interior space accompanied by an expansive 1,513 square foot private roof terrace with a gas grill.
“A notable trend regarding sales at 350 W 71st Street is how many real estate professionals love this building and have purchased units,” said Jeffrey Stockwell of Compass, the exclusive sales and marketing firm for the building. "Brokers tend to know good value. We’ve sold four residences to both real estate industry executives and brokers, which proves this building is both a solid investment and offers beautiful homes."
A rarity for boutique buildings in the area, the seven-story, DXA Studio-designed building also features a suite of luxurious amenities. Recently unveiled amenities include a bespoke library with one-of-a-kind millwork, built-in window seats and an integrated sound system; a fitness center featuring Peloton cycling equipment; a children’s playroom; and bicycle storage. The building also offers residents an expansive and intimate shared roof terrace showcasing lush landscaping and an entertaining and dining area with a large gas grill, all enveloped in views of the Upper West Side’s distinctive prewar architecture.
Located between West End Avenue and Riverside Boulevard and within the West End Collegiate Historic District, 350 West 71st Street sits in the heart of the Upper West Side and is surrounded by an abundance of outdoor space as well as retail, dining and cultural attractions. Central Park, Riverside Park, the Museum of Natural History, Lincoln Center and the Beacon Theater are all within close proximity.
Pricing for current availability begins at $1,650,000 for a two-bedroom residence. Compass Development is the exclusive sales and marketing firm for the building. For more information, please visit 350w71st.com, or email info@350W71.com.
