Park Avenue co-op hits market — with a closet even Carrie Bradshaw would covet

New York /
Apr.April 07, 2010 05:32 PM
993 Park Avenue (Source: PropertyShark); Top right: Seller Robert Kramer; Bottom Right: Agent S. Jean Meisel

After financier Robert Kramer and his wife, Susan, purchased a three-bedroom co-op unit at 993 Park Avenue for $3.95 million in 2000, they gut-renovated the home and redid the floor plan.

The renovation involved tearing down the walls of several small staff rooms to open up the kitchen and family rooms, putting in a new air conditioning system and expanding the master bedroom suite, according to the agent now charged with reselling the place.

It must have been quite the job for Kramer, a Fortress Investment Group alum who went on to co-found private investment firm Altitude Capital Partners, and his wife, because the eighth-floor apartment, unit 8BC, hit the market today for $9.25 million — more than twice what the couple paid for it 10 years ago.

“Very little was untouched” in the rehab, said listing agent S. Jean Meisel of Brown Harris Stevens, who also had the listing the last time around, when the Kramers bought it. Meisel would neither confirm nor deny that the Kramers own the co-op, but property records show that unit 8BC does, indeed, belong to the couple.

The Kramers were not immediately available for comment.

Interior pictures are not yet available and Meisel did not know the square footage of the apartment, so for the unconvinced, she promises the new, 140-square-foot closet — one of the largest she’s ever seen in a master bedroom — is worth raving about. “It would have been wonderful for ‘Sex and the City,'” she said.

The apartment also boasts a wood-burning fireplace, southern and western exposures and a library.

“It’s in excellent condition — as well it should be at this price,” Meisel said.


Related Articles

arrow_forward_ios
Rachel Glazer (Credit: BHS)
BHS’ top Downtown agent jumps to Compass
BHS’ top Downtown agent jumps to Compass
BHS’ chief of tech, communications out amid internal shakeup
BHS’ chief of tech, communications out amid internal shakeup
BHS’ chief of tech, communications out amid internal shakeup
Bess Freedman and Robert Reffkin (Credit: Studio Scrivo)
“Unequivocally not selling:” BHS accuses rival of stoking sale rumors
“Unequivocally not selling:” BHS accuses rival of stoking sale rumors
From left: 200 Amsterdam, Extell's Gary Barnett with Central Park Tower and 130 William Street 
These buildings were the best-selling new developments of 2021
These buildings were the best-selling new developments of 2021
Compass' Robert Reffkin, Diane Ramirez, former Warburg CEO Frederick Peters (Getty, iStock)
From IPOs to industry veteran exits: These are 2021’s biggest NYC brokerage stories
From IPOs to industry veteran exits: These are 2021’s biggest NYC brokerage stories
Crazy for condos: Manhattan new-development contracts triple in 2021
Crazy for condos: Manhattan new-development contracts triple in 2021
Crazy for condos: Manhattan new-development contracts triple in 2021
NYC home sales slowdown coming in 2022, Brown Harris Stevens CEO says
NYC home sales slowdown coming in 2022, Brown Harris Stevens CEO says
NYC home sales slowdown coming in 2022, Brown Harris Stevens CEO says
Brooklyn new development sales top $1.5 billion in 2021
Brooklyn new development sales top $1.5 billion in 2021
Brooklyn new development sales top $1.5 billion in 2021
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...