The Broadlawn – White Plains NY

The Broadlawn White Plains NYLocated in the heart of downtown White Plains NY – the Broadlawn is one of the most desirable cooperatives in White Plains.   Located at 20 North Broadway – the Broadlawn is centrally located within a block of the White Plains City Center, and Trump Tower.  you can easily leave the car behind and walk to shopping, fine dining, entertainment and the train.  With the likes of New York transplants such as BLT Steakhouse and Via Quadronno and Level 42 at the Ritz Carlton just a short stroll away, the lifestyle  at the Broadlawn has a distinctly urban upscale feel. The White Plains Performing Arts Center is also just a short walk away. As for shopping the Westchester mall as well as the City Center mall  along with  major supermarkets including Whole Foods are all a comfortable walk away.

The location, tucked away on North Broadway across from Tibbets Park makes it an oasis of peace and quiet.  It’s a world apart from the hubub despite being a mere block away from the very center of town.  The complex consists of  garden style units surrounded by formal  gardens that including  Pergola and  barbecue area.  Built in 1928, the Broadlawn is know for its Old-World charm and architectural details.  Most of the units at the Broadlawn have  two bedrooms.  Many include such wonderful amenities as fireplaces and  balconies overlooking the formal gardens.  Ground floor units often have private patios.   Many units are duplexes.  The ground floor units tend to be simplexes with patios while the upper floor units are generally duplexes.

The Broadlawn – White Plains – Sales History – 2006- Dec 2009*:

Coming down from their highs in 2007, where $390k for a renovated 2 BR unit was considered a reasonable price,  prices at the Broadlawn have moderated.   The following chart reflects the sales history of 2 BR units since 2006 and is based on median price.  The choice of median rather than average was based on the fact that some units had undergone extensive renovations while others hadn’t.  This created gyrations in  pricing that didn’t truly reflect the market.  Fully renovated units were selling just shy of $400k during the height of the boom – while those in need of TLC were selling for significantly less.  There were not enough sales of 1 BR units to make an analysis of 1 BR or studio units practical.  It is obvious that price points have moved down considerably off their highs.  Currently, the median price is down a little over 9% off the high point in the latter half of 2006.  Other variables include location within the complex and whether or not the unit has any outdoor space or a fireplace.  There were no sales from July to December, so the stats stopped with Jan-Jun 2009 figures. Picture 3 * Note that all data was derived from the statistics available through the Westchester-Putnam MLS.

Walkable neighborhood is rated a “Walkers Paradise”

Rated a “walkers paradise,” the Broadlawn is in a prime location in downtown White Plains.  As can be seen by the walkscore tile, this is a tremendous advantage for those looking to leave the car behind.   By clicking on the walkscore tile you can see just how much is close at hand.  This is truly one of the most walkable areas of the city. No need to worry about parking or gasoline, just walk out the door and you are there. Please excuse the random code – I haven’t found away to get rid of it without losing the tile.
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