Georgetown Plaza is one of the only cond-op buildings in the Greenwich Village/ Union Square neighborhood.
Because it is investor friendly and has flexible purchase policies, it has become one of the more desirable buildings. Apartments when priced within the most recent comparable sales, typically sell quickly and at strong prices.
The roof top deck and views are always a major attribute to the building. Renovated apartments are selling the quickest and at the highest prices, as most buyers do not want to go through a lengthy renovation process. Because of the close vicinity to NYU (New York University), there is always a consistent demand for rentals, making apartments in the building equally attractive for an investor looking to rent out the apartment. A very low supply of apartments is expected and we continue to see most apartments go into contract quickly when coming available.
Georgetown Plaza is one of the most well established buildings in the Greenwich Village neighborhood and we continue to see strong demand in the foreseeable future.
