Photo by myself around 24th Street and 9th Avenue, in Chelsea.
If you look out from Chelsea northeast, you'll see the Empire State Building.
For orientation's sake, imagine the island of Manhattan. You're on the lower left side. The ESB is near the center of the island.
This is the view from London Terrace Towers. The building fills one city block, bounded by 23rd and 24th Streets on the north and south, and 8th and 9th Avenues on the east and west.
The building is a co-operative and its apartments are charming. There is a gym, garage and indoor pool in the building.
One of the apartments listed for sale there at the moment (not the one in my photo), is a four-bedroom for nearly 5 million dollars. The maintenance fee alone is over $6,500 US per month. For gorgeous photos of the apartment, click here.
I don't have any hard facts, but I guarantee that if you can write 'Empire State Building views' in your real estate ads, the apartment will raise in value.
Related posts: It's a Free Country, After All, A Peek Through Central Park, and The Sky is Falling.