The Real Deal New York

Laurel penthouse sale sets First Ave. record

August 10, 2011 06:24PM

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The Laurel, the $11.025 penthouse and Victora Logvinsky of Prudential Douglas Elliman

The penthouse in the Laurel, at 400 East 67th Street, was just sold for $11.23 million, public records show, and according to Victoria Logvinsky, the Prudential Douglas Elliman agent who represented the buyer in the sale, that is a record price for First Avenue.

While its difficult to substantiate that claim, information available from Streeteasy.com is consistent with it.

The 4,073-square-foot, four-bedroom, four-and-a-half-bathroom home was originally put on the market in March 2008, by the condominium’s developer, Alexico Group, with a $13 million asking price, according to Streeteasy.com. The price was dropped to $12.5 million 20 months later, before going into contract in June. Corcoran Sunshine Marketing Group was the building’s exclusive sales and marketing team.

The top-floor unit has a private roof deck and terrace with an outdoor fireplace that combine for 3,000 square feet of exterior space, according to the listing. Logvinsky confirmed the sale, but declined to give any details about the buyer. The purchase comes out to about $2,707 per square foot. – Adam Fusfeld

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