Private island costs less than the average NYC apartment | Cross River Real Estate

Only in New York is a private ­island cheaper than an average apartment.

Savvy city dwellers looking for a new home might want to consider buying their own private island less than two hours north in ­Putnam County.

While the average New York apartment costs more than $1.4  million, Willow Island on Putnam Lake in Patterson costs $995,000 — and comes with a three-story, four-bedroom home.

In contrast, the average price of a two-bedroom Manhattan apartment is $1.35 million — and $2.63 million for a three-bedroom.

The one-acre property also comes with its own special New York City provenance. The house was built by one of the engineers who created the Holland Tunnel.

The island is an hour-and-a-half commute from New York City, says listing broker Uri Hanoch, of Douglas Elliman.

But the deal does come with a hitch. The new buyer will have to row home each night from Patterson, where the property comes with a two-car garage.

The sellers are retired ad exec Larry Plapler, 79, and his wife Amelia, 70, who first put the island on the market in 2010 for $1.5 million.

Plapler — who has made the weekly drive with his wife, Amelia, and family for the past 38 years — once told The Post that the getaway makes him feel a world away from his Upper East Side home.

The 1¹/₂-bath home is 5,600-square feet and comes with 48 open-view windows. The home includes a floor-to-ceiling stone fireplace and an artesian well. There’s a guest cottage and a private garage for your boat, according to the listing.

“Access,” according to the listing, “is a quick five minutes by a rowing boat or 5 mph electric motorboats. Canoes, kayaks, rowboats and sailboats are also welcome.”

Gas-powered boats are forbidden on Putnam Lake, on the Connecticut border.

 

 

http://nypost.com/2013/11/06/private-island-costs-less-than-the-average-nyc-apartment/

Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

Recent Posts

Out of Sevice with brain injury since November.

Just back out of hospital in early March for home recovery. Therapist coming today.

2 years ago

Existing home sales down 28% | Katonah Real Estate

Sales fell 5.9% from September and 28.4% from one year ago.

2 years ago

Single-Family Housing Contraction Continues | Bedford Hills Real Estate

Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…

2 years ago

Closed Median Sale Price in Hudson Valley/NYC Markets Declined by 2.50% in October | Bedford Real Estate

OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…

2 years ago

Building Materials Prices Decline for Second Consecutive Month | Pound Ridge Real Estate

The prices of building materials decreased 0.2% in October

2 years ago

Mortgage rates drop with inflation drop | Bedford Corners Real Estate

Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.

2 years ago

This website uses cookies.