These are some of the most recent notable resi sales

A townhouse at 128 Bank Street that dates to the 1800s sold for $7M

TRD New York /
Apr.April 15, 2019 01:30 PM
432 Park Avenue and 128 Bank Street

432 Park Avenue and 128 Bank Street

New York City’s residential world saw a handful of pricey sales over the past couple of weeks: Silverstein Properties CEO Marty Burger dropped about $10M on a pad at the renovated Carlton House, and a mystery buyer snapped up a $34 million condominium at Vornado Realty Trust’s 220 Central Park South. Other deals we spotted in public records recently include a sponsor unit at sky-high 432 Park Avenue and a 19th-century townhouse.

Source: A TRD review of public records filed with the New York City Department of Finance from April 1 to April 12.

1. A sponsor unit at 432 Park Avenue sold for over $16.9 million to an entity called Hampstead Properties Inc., which property records list Larisa Egorchenko as its president. The unit, 59C, is not her first buy at the Macklowe Properties and CIM Group-developed tower. Egorchenko in 2016 shelled out about $17.3 million for unit 58C, one floor below. But that too has just sold, for $17.5 million to “432 58AB LLC.” Meanwhile, Jennifer Lopez and Alex Rodriguez’s pad at the luxury building remains on the market for $17.5 million.

2. Joseph Gagnon, managing director of real estate at private equity firm Warbug Pincus based in Hong Kong, picked up a townhouse at 128 Bank Street in the West Village that dates to the 1800s. The Greek Revival single-family home sold for a little over $7 million, after being listed originally in 2017 for $8.95 million, according to StreetEasy. The three-story building spans about 3,000 square feet, pricing the deal at roughly $2,300 per square foot. Leslie J. Garfield’s Matthew Pravda and Christopher Riccio had the listing.

3. Glenview Capital Management’s Jeffrey Patterson parted with his 15th-floor condo at the Charles in the Upper East Side for $6.4 million, pricing the deal at about $1,856 per square foot. The hedge fund exec had bought the 3,448-square-foot pad for $7.4 million in 2015. Patterson apparently wasn’t the only one from Glenview who really liked 1355 First Avenue. Also in 2015, the firm’s billionaire founder, Larry Robbins, scooped up the building’s top four floors for $37.9 million, Reuters reported. The buyer of Patterson’s unit was anonymous, “1355 Acquisition Holdco LLC.”

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