EAST HARLEM — In another sign of New York City's real estate market bouncing back, the newly renamed One Museum Mile on Fifth Avenue has sold or is in contract for more than half of its 113 condos, the building's owners said Wednesday.
The apartments in the angular building at 1280 Fifth Ave. between 109th and 110th streets were designed by Andre Kikoski, who also designed The Wright restaurant at the Guggenheim Museum. The building originally struggled to find buyers before cutting prices and changing its name, The Wall Street Journal reported last April.
“One Museum Mile has achieved success with New Yorkers as well as international buyers who are looking for good value on Fifth Avenue,” Shaun Osher, CEO of the real estate and marking firm CORE, said in a statement.
“They have been drawn not only to the building’s prestigious location on Central Park, but also its superb architecture, amenities and modern interior design.”
An 838-square-foot, one-bathroom studio is listed at $735,000, according to the CORE's website.
The largest unit available, an eight-bedroom, eight-bathroom 4,963-square-foot apartment is listed at $6.94 million.
In addition to the sweeping views of Central Park, One Museum Mile also has a card room, a children's play room and a dining room.
In terms of museums, the condo is right next to the Museum for African Art and four blocks north of El Museo Del Barrio.