The Price of Luxury

These new condos a block apart in the East Village are comparably sized and finished, and are both on the third floor. How to explain the nearly $70,000 price difference? Prudential Douglas Elliman’s Melanie Lazenby, an exclusive broker for 137 East 13th Street, says that her property is “more intimate,” with only one apartment per floor of the eight-story building and no doorman. The other, a Toll Brothers development, has three to four units per floor and a lively list of McLuxury amenities, including a big fridge in the lobby (for FreshDirect), concierge service, and rooftop cabanas. The price difference extends past the purchase, too: The monthlies at 110 Third are nearly 70 percent more than those on 13th Street.

110 Third Avenue, Apartment 3C
THE FACTS: Two-bedroom, two-bath, 1,085-square-foot condo.
ASKING PRICE: $1.21 million.
CHARGES AND TAXES: $1,183 per month.
AGENT: Felicia de Chabris, Halstead.

137 East 13th Street, Apartment 3A
THE FACTS: Two-bedroom, two-bath, 1,033-square-foot condo.
ASKING PRICE: $1.14 million.
CHARGES AND TAXES: $709 per month.
AGENT: Melanie Lazenby and Dina Lewis, Prudential Douglas Elliman.

The Price of Luxury