Valuation
What affects apartment value in Manhattan
Key factors that move Manhattan apartment values — view, floor, condition, building financials, and recent comps.
Location within the block
Light, exposure, street noise, and elevation often matter as much as neighborhood name. Two units in the same building can trade at materially different prices based on floor, view, and layout efficiency.
Building health and amenities
Doorman service, recent capital improvements, reserve levels, and special assessments all influence buyer demand. For co-ops, maintenance trends and underlying mortgage terms can affect financing appetite.
Recent comps beat generic averages
Neighborhood medians are useful context, but pricing decisions should lean on recent closed and active comps in the same building or on the same cross street. Giglou surfaces building-level inventory and history to make that comparison practical.