The cost for a condo in Midtown has increased significantly since 2000 when the Canfield Lofts, originally built as a Buick warehouse in 1921 and renovated to accommodate some of the city’s first for sale condos, opened. Even recently as 2011, one of the building’s 35 units was asking just over $100,000.
Now a unit owned by Veronika Scott, founder of the Empowerment Plan—the company that makes winter coats for the homeless that double as sleeping bags—is listed for $369,900. Yes, the selling price has skyrocketed (though the original units went for around $200,000), but there are plenty of reasons why.
The one-bed, one-bath, 1,080-square-foot unit has high ceilings, a fairly open floorplan, and a patio. Its location is ideal: right in the heart of Midtown in the same building as City Bird and Nest, popular craft and homewares stores. It’s within a stone’s throw of numerous other retail and dining options, like Jolly Pumpkin, Avalon International Breads, and a couple yoga studios. Plus, it has gated parking, which is becoming rare in incredibly dense Midtown, and the QLine is a short walk away. This third-floor unit at 460 West Canfield Street is on the market for $369,000.