The Dorchester Towers Condominium in Upper West Side located at 155 West 68th Street New York New York 10023 offers a unique ability for your residential (sales and rental) needs. Dorchester Towers is one of the largest full service condo buildings in the heart of Upper West Side neighborhood. At the Dorchester Towers Condominium, the [...]
The Dorchester Towers Condominium in Upper West Side located at 155 West 68th Street New York New York 10023 offers a unique ability for your residential (sales and rental) needs. Dorchester Towers is one of the largest full service condo buildings in the heart of Upper West Side neighborhood.
At the Dorchester Towers Condominium, the circular driveway and the landscaped garden leading to the renovated lobby is the first thing you will see. Doorman and concierge await you as you enter the spacious foyer. A separate package room that will accept your dry cleaning, parcel delivery and mail drop offs. There is an on-site management will handle your inquiries, and friendly building staff that will make your condominium living convenient and at ease.
In Dorchester Towers Condo, there is a total of nine elevators. It has about 680 units spread out over 35 floors. There are laundry rooms on every floor up to the 21st floor. Garage facilities are also attached to this condominium building with separate monthly leasing fee.
In addition, Dorchester Towers Condo also has a roof deck with stunning views of Manhattan cityscape. The roof deck has manicured plants and lounging chairs and tables for sunbathing or a leisure enjoyment whenever the weather permits.
To find out more news and updates about Dorchester, you can read about here or give us a call.
We are Morgan Evans and Eileen Hsu, we are Dorchester residents, we love living in Dorchester Towers Condo. We work as Full time Real Estate agents that have very successful experiences selling Dorchester condo units because of our intimate knowledge of the building, neighborhood and creative marketing plan.
We welcome you to contact us if you are considering in sell your Dorchester condo unit or moving into this wonderful building.
Different Exposures and Views from Dorchester Towers Condos at 155 West 68th Street 155 West 68th Street Dorchester Towers condo was originally built in 1965 and the building itself sit on entire city block between Broadway and Amsterdam from 68th to 69th St, it’s an interesting shaped block which you can see below on [...]
Different Exposures and Views from Dorchester Towers Condos at 155 West 68th Street
155 West 68th Street Dorchester Towers condo was originally built in 1965 and the building itself sit on entire city block between Broadway and Amsterdam from 68th to 69th St, it’s an interesting shaped block which you can see below on the google map that we have provided.
One of attractive feature of the building is that Dorchester Towers has a very convenient circular driveway located on 68th Street and there is a garage entrance on the 69th St side, so essentially the building U-Shaped on both the North and South Sides of the building. On the Amsterdam Side of the Building(Western Exposure) there is a tower portion of the building going up to 35 floors. Because of the unique design of the building, apartment views and layouts come in a lot of different shapes, sizes and exposures.
Often buyers say to us: “We are looking to buy an unit in Dorchester Towers Condominium, what are the exposures and Views like?” Frequent question by buyers who haven’t seen the building in person yet, but may have had friends or family who lived in the building previously and are now recommending it.
Below are some examples of apartment views from the Dorchester Towers.
Recently the request we have been receiving a lot more for is that, “I want to buy a Broadway facing apartment for sale at Dorchester Towers.” The Broadway side is definitely desirable, Eastern exposures bringing in morning light, Broadway has a nicely landscaped median and it is much wider than most New York City streets bringing in much more light and distance from neighborhing buildings.
On the Broadway side of the building, Dorchester Towers rises up to 21 residential floors, with the common roof deck located on the 22nd floor. So depending on the apartment floor the view will be different.
The Amsterdam side with its Western exposure is also very unique. Lots of Western light in the afternoons and even sunset views from the Tower Portion of the building are available
The Western exposures at Dorchester Towers bring in tremendous sunlight for a number of reasons. Amsterdam Avenue is another street that is wider than the average New York City street, and from 68th to 69th Streets the adjacent building only rises 6 floors, so currently nothing blocks the view.
Finally here is a view from the circular driveway of the main entrance on 68th Street. These views are the most difficult to obtain as the U-shaped aspect of the building creates a number of different exposures. Seeing them in person is really the best way to get a feel for the exposure.
As one of the most active and successful real estate teams selling Apartments at Dorchester Towers, we have sold apartments facing every direction in the building and can talk in detail about what each view is like. The Dorchester Towers Sales Market has been very hot as of late, the last apartment we sold had multiple offers. With the lobby renovation in progress and the addition of a gym to the building, we anticipate even more demand for this already in-demand building.
Call us today if you are interested in buying or selling a Dorchester Towers Condominium Apartment at (917) 837-8869.
Dorchester Towers Condo SPRING 2013 Market Report The first four months of 2013 at Dorchester Towers saw just One (1) apartment come on the market for sale. We had the opportunity to list apartment, 628, an alcove studio facing Broadway. The asking price was $689,000 and it went into contract very quickly at over asking [...]
Dorchester Towers Condo SPRING 2013 Market Report
The first four months of 2013 at Dorchester Towers saw just One (1) apartment come on the market for sale. We had the opportunity to list apartment, 628, an alcove studio facing Broadway. The asking price was $689,000 and it went into contract very quickly at over asking price! A real lack of inventory exists on the marketplace right now. Dorchester Towers is of no exception when it comes to the lack of market inventory, as active brokers in the building we consistently receive phone calls from interested buyers focusing their search on anything available in the building. So if you are thinking of selling, now would be a great time to give us a call.
DORCHESTER TOWERS CONDO located at 155 West 68th Street New York NY 10023. 155 West 68th Street #628 ALCOVE STUDIO is on the market for sale. This unit has Eastern, facing Broadway exposure. It is a spacious alcove studio that is perfect for someone who seek to live in one of the most prime location [...]
DORCHESTER TOWERS CONDO located at 155 West 68th Street New York NY 10023.
155 West 68th Street #628 ALCOVE STUDIO is on the market for sale. This unit has Eastern, facing Broadway exposure. It is a spacious alcove studio that is perfect for someone who seek to live in one of the most prime location of Upper West Side.
Dorchester Towers Condo unit #628 is a Eastern facing alcove studio looks out over Broadway with tree-top views. A perfect designed layout with separate sleeping alcove and 4 closets, including a huge walk in closet.
Dorchester Towers Condominium at 155 West 68th Street is one of the popular condo building in the Lincoln Square neighborhood. It is close to both Central Park, Riverside Park and culture central Lincoln Center. Conveniently near subway lines, restaurants, shopping and dining make this one of the most prime Upper West Side locations.
We (Morgan Evans and Eileen Hsu) have been selling and leasing Dorchester Towers Condo units for many years and with our 100% track records, Dorchester Towers condo owners always opt to work with us when it comes to selling and leasing their Dorchester units. We are the TOP SELLING AGENTS of Dorchester Towers Condo, contact us at (917)837-8869 to Sell or Lease your Dorchester Towers Unit today.
Click link below to read the market report of Dorchester Towers condo.
Dorchester Towers condo 2012/2013 Overview
155 West 68th Street New York NY 10023 is the address for Dorchester Towers Condo located in the Lincoln center area of Upper West Side. The building is conveniently located near all the shopping, transportation, Central Park, Riverside Park, and Lincoln Center. This is a great building and many buyers and home seekers often looking [...]
155 West 68th Street New York NY 10023 is the address for Dorchester Towers Condo located in the Lincoln center area of Upper West Side. The building is conveniently located near all the shopping, transportation, Central Park, Riverside Park, and Lincoln Center. This is a great building and many buyers and home seekers often looking for TWO BEDROOM in this building, play our market report video to learn more. We would love to hear from you if you would like to discuss more in details.
DorchesterTowers_2013_Overview Dorchester Towers Condo 155 West 68th Street is one of the most popular Upper West Side condo because of its location and desirable layouts in each unit. Morgan Evans and Eileen Hsu sold and leased many units in the building, here is Morgan Evans discuss market report 2012 and prediction for year 2013.
DorchesterTowers_2013_Overview
Dorchester Towers Condo 155 West 68th Street is one of the most popular Upper West Side condo because of its location and desirable layouts in each unit. Morgan Evans and Eileen Hsu sold and leased many units in the building, here is Morgan Evans discuss market report 2012 and prediction for year 2013.
Dorchester Towers Condo 2012 Year in Review Market Report We would characterize the sales market at Dorchester Towers reflecting the overall Manhattan sales market, very little inventory with pent up demand. Overall, there were 8 total sales in the building; 7 that came on the market and 1 off market sale. For our purposes we [...]
Dorchester Towers Condo 2012 Year in Review Market Report
We would characterize the sales market at Dorchester Towers reflecting the overall Manhattan sales market, very little inventory with pent up demand. Overall, there were 8 total sales in the building; 7 that came on the market and 1 off market sale. For our purposes we only follow the transactions that occurred on the open market as we do not have enough information regarding off market sales. Prices were UP in 2012, with the evidence of some very strong sales for larger units. With very few apartments coming on the market, when an unit did come available open houses with high exposure marketing, it were full and strong offers were made. We predict more of the same in the 2013 sales market.
Let’s jump into the individual segments of the Dorchester Towers Sales Market.
Studio/Junior 1 Bedroom at Dorchester Towers:
No Studio or Junior 1 Bedroom condos came on the market for sale in 2012. Unlike in 2011, when there were Six (6) sales in the building. So we do not have any hard evidence to compare numbers, however the sales market for entry level apartments has been in very high demand. A lot of the studio units at Dorchester Towers have the highly desirable Alcove Studio layout. They also typically have very low common charge and Real Estate taxes making them ideal for investors and first time buyers. Looking at the year 2010, 2011, sales figures prices have gone up, we expect the same for year 2013 when a seller works with the right agent with maximum market exposure.
|
2012 |
2011 |
2010 |
|
| Number of Units Sold | 0 |
6 |
1 |
| Average Price |
0 |
$587,965 | $560,000 |
| Average Price/Square Foot |
0 |
$1,008 | $1,025 |
One Bedroom at Dorchester Towers:
There was just One (1) Sale for this segment of the market in 2012. The One Bedroom market at Dorchester Tower’s is definitely one of the most sought after types of apartments. When you compare one bedroom pricing to that of the One Bedrooms in other surrounding condominium buildings we come in a lot lower. The average one bedroom in neighboring buildings (Coronado at 155 West 70th Street, Copley at 2000 Broadway, Alexandria at 201 West 72nd Street) typically will start at $850,000 and up from there. Those are newer buildings which have more amenities than Dorchester (for now), but when the average price for a Dorchester One Bedroom being is usually more than $100,000 less, it creates a lot of demand for buyers who are looking to buy in this neighborhood and are price conscience.
In 2012, we had just One (1) sale for a one bedroom apartment, which we represented the owner. The price point it sold for can be slightly misleading in regards to what a typical one bedroom will sell for in the building. It was a lower floor (4th) 20-Line layout (South facing), the smallest One Bedroom (571 square foot) configuration that was in an Original year 1964s Condition. When looking at the price per square foot calculation, it sold at what we consider is a good price for both the seller and the buyer considering the work that would have to be completed. We have sold many units in Dorchester Towers, so we priced the unit according to various factors to maximize profit for the sellers. For a renovated, higher floor One Bedroom with an improved exposure, either exposure East (Broadway) or West (Amsterdam), you could easily expect pricing to be significantly more.
|
2012 |
2011 |
2010 |
|
| Number of Units Sold | 1 |
6 |
3 |
| Average Price |
$585,000 |
$667,500 | $646,833 |
| Average Price/Square Foot |
$1,025 |
$1,064 | $1,030 |
Junior Four (One Bedroom with Dining Alcove) at Dorchester Towers:
The Junior Four (Convertible Two Bedroom) Market is one of the most interesting segments in the building.
We look at this apartment segment as two different sections: The apartments with 1 bathroom and those that have 1.5 bathrooms. The reason being is that there is a considerable price difference between the two. When it is priced correctly, both sections of the Convertible Two bedroom market see a lot of demand, but the last two sales this year that had the 1.5 bathrooms showed overwhelming demand. Essentially these apartments that can be converted to a Two (2) Bedroom with their 1.5 bathrooms function as a mini-Two Bedroom apartment, and are priced significantly lower than what a True Two Bedroom/Two Bathroom is selling for. Where else can you buy an apartment that functions like a Two Bed/Two Bathroom Condominium for around $1,000,000? There is a lack of inventory in the neighborhood for Convertible 2 bedrooms under $1,000,000 in the Lincoln Square area of the Upper West Side.
|
2012 |
2011 |
2010 |
|
| Number of Units Sold |
3 |
6 |
3 |
| Average Price |
$1,061,333 |
$953,333 |
$920,000 |
| Average Price/Square Foot |
$1180 |
$1038 |
$1034 |
Two Bedroom at Dorchester Towers:
We receive more requests for Two Bedroom Apartments than any other size of apartment in the building.
We also have a waiting list of all cash buyers that have lost out on other sales. There just are not that many two bedrooms in the building. Mainly found in the high floor tower section of the building, the two bedroom market performed well in 2012. In 2012, we saw Two, Two (2) Bedroom apartment sell, one in the tower on the 34th Floor with 2 bathrooms and the other was a combination unit of the 16 Line (large studio) and the 15 Line (One Bedroom) that was converted to Two Bedroom with home office and Two Bathrooms. Demand for Two Bedroom Apartments is extremely high right now, especially if it is priced and marketed properly. We expect multiple interested buyers when the next fair priced Two Bedrooms comes on the market with the proper market exposure. Dorchester owners who worked with us are often impressed by our experiences and market information of the building and marketing efforts.
|
2012 |
2011 |
2010 |
|
| Number of Units Sold |
2 |
1 |
0 |
| Average Price |
$1,392,500 |
$1,160,000 |
0 |
| Average Price/Square Foot |
$1089 |
$988 |
0 |
A Combination 4 bedroom/3 bathroom sold in 2012:
This beautiful apartment was located on a low floor.
A combination of the 30 line and 31 line with a South/East/West Exposure. This combination was sold for $2,550,000 and was on the market asking $2,690,000. This apartment had been gut renovated and was in mint condition.
Dorchester Towers Condo Market Report Conclusions:
Dorchester Towers condo units sold very well in 2012, much like the entire condominium market in Manhattan New York. There are limited inventory coming available with pent up ready and willing buyer demand created multiple offer scenario’s and higher prices than past years especially when the property is well priced and aggressively marketed to reach a wide audience. We feel that any Dorchester owner/seller who was waiting for prices to bounce back is now looking at an opportunity that supply is extremely limited and buyer demand is just waiting for the right apartment to come on the market.
We are the consistent Top Selling agents in Dorchester Towers condo.
We successfully sold and leased multiple units because of our intimate knowledge of Dorchester such as past building history, most recent sales or rental market, updated building rules, upcoming renovations, detail financial building information, familiarity of the neighborhood, and most importantly our creative methods to showcase this wonderful building we live in.
In this consumer savvy and an immediate need for information days and age, it is most beneficial for owners to work with agents like us who are extremely experienced and familiar about Dorchester Towers and be the advocates for you when you decide to sell or lease your Dorchester Tower units.
If you are an owner and are thinking of selling or renting your Dorchester Tower condo unit, Contact us for a confidential discussion of your Dorchester condo unit at (917) 837-8869.
If you would like to receive an Exclusive Detailed List of each apartment that sold at Dorchester Towers in 2012 including our personal Insights email us at Morgan.Evans@Elliman.com and ask for Dorchester 2012 Sold List.
155 West 68th Street, unit 1424 DORCHESTER TOWERS CONDO – Upper West Side Beautifully Renovated Broadway Facing One Bedroom for Rent at Dorchester Towers. The apartment is located on the 14th floor with highly desirable Eastern views overlooking Broadway. Contact us today to schedule an appointment to see this is great one bedroom rental in [...]
155 West 68th Street, unit 1424 DORCHESTER TOWERS CONDO – Upper West Side
Beautifully Renovated Broadway Facing One Bedroom for Rent at Dorchester Towers.
The apartment is located on the 14th floor with highly desirable Eastern views overlooking Broadway.
Contact us today to schedule an appointment to see this is great one bedroom rental in the heart of Upper West Side.
Dorchester Towers Condo 155 West 68th Street Mid Year Report 2012 The Dorchester Tower’s sales market so far in 2012 has not seen too much inventory come available, however most apartments have been selling quickly once they come on the market. The initial open houses are seeing large amounts of foot traffic, with a number [...]
Dorchester Towers Condo 155 West 68th Street Mid Year Report 2012
The Dorchester Tower’s sales market so far in 2012 has not seen too much inventory come available, however most apartments have been selling quickly once they come on the market. The initial open houses are seeing large amounts of foot traffic, with a number of apartments receiving offers within the first couple weeks of being on the market. Below is a breakdown of what has sold so far this year.
Dorchester unit 230/231- Sold for $2,550,000, asked $2,690,000, 2221 sq
Dorchester unit 420-Sold for $585,000, asked $625,000, 571 sq ft
Dorchester unit 1132-Sold for Full Price, asked $899,000, 892 sq ft
Dorchester unit 29C-Sold for $1,255,000, asked $1,175,000, 956 sq ft
Dorchester unit 34B-Sold for $1,360,000, asked $1,450,000, 1174 sq ft
Dorchester Tower One Bedroom-Just the single unit has sold. The One Bedroom market is extremely desirable in the building, low common charges and real estate taxes, combined with efficient layouts with generous closet space. A well priced renovated Dorchester Towers One Bedroom apartment will sell quickly in today’s active market.
Dorchester Tower Junior 4-Two Junior Four Apartments sold in the first half of 2012. Both were convertible two bedrooms, which is always a desirable option for a lot of buyers.
Two Bedroom-There are very few Two Bedrooms that come to market at Dorchester Towers and the one that did so far this year was on a high floor and had very nice western and southern views. There is a pent up demand for well priced Two Bedrooms in the building, when something comes available expect it to sell quickly.
4 Bedroom/3 Bathroom-This unique apartment was a combination that underwent a gut renovation. A unique apartment, we won’t see this apartment size come available too often in the building.
Dorchester Tower’s is going to be renovating the lobby, planned to begin in the late Summer. A hallway renovation is also planned, but details are still being finalized. There is also a proposal for a fitness room to be added to the lobby level of the building.
The renderings of the lobby renovation look extremely tasteful and we feel will greatly improve the first impression new buyer’s or renter’s will have when entering the building. An updated lobby and fitness room will definitely improve the value of the apartments in the building.
The first half of 2012 saw increased buyer traffic, quick sales, with what we would say is very little room to negotiate for buyer’s. Demand for well priced Lincoln Square condominiums for sale, puts Dorchester Towers condos for sale in a strong position as their is pent up demand for what is a relatively small amount of inventory.
We are very experienced and knowledgeable of Dorchester Towers Condo market for both sales and rental.Call us (917)837-8869 and we can discuss in details if you would like to sell or buy a condo unit in this wonderful building.
Dorchester Towers NYC Junior One Bedroom (JUST RENTED) address 155 West 68th Street New York NY 10023. This is a well laid out high floor (19th) Junior One Bedroom Apartment, including a dining room space, multiple generous closets, an open and sunny Western Exposure. This unit is available Immediately. Also available furnished for $3500/month. Amenities [...]
Dorchester Towers NYC Junior One Bedroom (JUST RENTED) address 155 West 68th Street New York NY 10023.
This is a well laid out high floor (19th) Junior One Bedroom Apartment, including a dining room space, multiple generous closets, an open and sunny Western Exposure. This unit is available Immediately.
Also available furnished for $3500/month.
Amenities include full time doorman and concierge, laundry is on every floor up to the 22nd floor, roof deck, package room, storage and bike rooms, and a fantastic landscaped circular driveway. Located just a short distance from Central Park and Lincoln Center, this building is next to all major transportation(1,2,3), Upper West Side shopping and restaurants.
Contact us today to schedule an appointment to see this is great one bedroom rental in the heart of Upper West Side.
Dorchester Towers Condo 155 West 68th Street Rental Market Report Spring 2012 Spring Summer season is one of the most optimal time for both condo owners and renters to be on the market looking for their ideal rental unit. Most people do not likes moving in the middle of the winter, even an uncommonly mild [...]
Dorchester Towers Condo 155 West 68th Street Rental Market Report Spring 2012
Spring Summer season is one of the most optimal time for both condo owners and renters to be on the market looking for their ideal rental unit.
Most people do not likes moving in the middle of the winter, even an uncommonly mild Winter weather one like we just had. Because of this, many of the rental leases are usually up for renewal in the Spring or Summer time of the year.
We have been assisting Dorchester condo owners selling and renting their units for many years now, and it is in our experiences that Spring rental market is traditionally the strongest time for owner’s to be able to maximize the rents received for their condo investment.
At the Dorchester Tower’s there is a unique rental market. Mainly it is because about almost half of the building is owned and rented out by the sponsor and the other units are owned by individual owners. A potential interested tenants can either rent directly from the sponsor’s management company or an individual owner depending on availability.
Spring Flowers at Dorchester Towers Driveway
At Dorchester Towers Condo, the Sponsor’s Management units are usually updated to a good to brand new renovation. Condo owners have a varying degree of renovation. The most challenging to rent units are the 1960s original condition or somewhat original condition apartments. There are also condo owners who have completed some beautiful renovations, surpassing the management renovations.
Condo owners have a choice to decide whether they will allow a pet in the apartment or not, the sponsor managed unit will allow pets with appropriate disclosure signed. There is a pet policy that has to be followed. If you are a Dorchester Towers Condo, please keep in mind that if you prefer tenants not have pets of any kind, dogs or cats typically, that will narrow down the pool of potential tenants. We have rented many Dorchester Towers units for many condo owners, and from our past experience, we would say that 25% of people seem to have a pet of some kind.
Pricing for a Dorchester Tower’s Rental units as of 4/2012:
- Studios- $2500-$2900
- One Bedrooms-$3000-$3500
- Junior 4(Convertible Two)- $3800-$4700
- Two Bedroom/Two Bathroom-$5200+
Sponsor management units command a higher rent than a condo owner.
If you are interested in renting an apartment at Dorchester Towers call us today at (917) 837-8869.
These are active units as of month of April of 2012, to use these prices as a guide, keep in mind that the prices will depend on several factors: market inventory, exposure, renovation, floor height, and different terms of the offer of the potential tenant.
If you are a Dorchester Towers Condo owner, Please call us (917)837-8869 so we can discuss in specific details on your Dorchester unit if you are a Dorchester Towers unit (mail us at Morgan.Evans@Elliman.com or EHSU@elliman.com)
