Residential deals

Gramercy
$1.2 million
200 East 24th Street, Apt. 908
Three-bedroom, two-bath, 1,450-square-foot co-op unit in a postwar elevator building, the Crystal House; apartment has renovated kitchen, stainless steel appliances, washer/dryer; building has full-time doorman, roof deck and storage; common charges $2,753 per month; asking price $1.29 million; 13 weeks on the market. (Brokers: Elaine Mayers and Carol Nemeroff, Citi Habitats)

“The sellers were a family with two children. The suburbs were calling, and they answered. The buyers were friends of another client I sold an apartment to in the very same building. They liked the size of the apartment and the fact that it was in move-in condition. Since it was a cash deal, everyone expected to close a lot sooner than we did, but the board approval process was lengthy. The buyer wasn’t familiar with the co-op board process and could not understand why so much information was necessary for a cash deal. The managing agent kept requesting more information that the buyer did not really want to share, so it was an exercise in educating the buyer on the board application process. Additionally, when everything was finally submitted, we had issues with availability in scheduling the interview because of travel plans.” — Elaine Mayers, Citi Habitats

Soho
$7.9 million
285 Lafayette Street, PH A
Four-bedroom, three-and-a-half-bath, 2,950-square-foot condo in a prewar elevator building; apartment has five terraces, wood-burning fireplace, water purification system and built-in stereo surround sound; building has concierge; common charges $3,649 per month; taxes $2,582 per month; asking price $8.75 million; 22 weeks on the market. (Brokers: Richard Steinberg, Warburg Realty; Matthew Gros-Werter, Platinum Realty Group)

“The seller came [to me] through a referral. The apartment was empty when we got the listing. The building had been surrounded with scaffolding for quite a long time. This really hurt showings, because the apartment is designed around the view. If a buyer couldn’t see past the scaffolding, which most couldn’t, then it hurt the deal. The buyer was one of the first to see the apartment when the scaffolding started to come down. We were in the process of having the apartment staged when negotiations started. [They were] slow-moving and complicated. The seller had a number in mind and we weren’t making a deal unless the buyer met that number. It took [them] a while, but they eventually did.” –Richard Steinberg, Warburg Realty

Upper West Side
$9 million
2150 Broadway, PH 4C
Six-bedroom, five-and-a-half-bath, 3,852-square-foot condo in a new-construction elevator building, the Laureate; apartment has chef’s kitchen, walnut flooring and washer/dryer; building has doorman, concierge, gym, children’s playroom and roof deck; common charges $4,414 per month; taxes $1,971 per month; asking price $10.6 million; 13 weeks on the market. (Brokers: Shlomi Reuveni, Brown Harris Stevens; Maria Elena Scotto, Brown Harris Stevens)

“My client has always lived on the Upper West Side and was very excited about the prospect of a high-end condo going up on 76th Street and Broadway — the Laureate. We discussed the project before there was even a sales office. I put us on a waitlist to assure he would be one of the first to view the project. We visited the site in October 2010 when it was still under construction, hardhats and all. He fell in love with the project but just wasn’t ready to pull the trigger. In December 2012, my client decided he wanted to take another look at the building. At that point there was only one apartment left. The apartment had originally been a part of a duplex, but the developer reworked it and put it back on the market. Luckily we got in just as it hit the market. We saw it in early January, and he signed the contract within two weeks. [We] closed two weeks later. [The deal] was all-cash.” –MariaElena Scotto, Brown Harris Stevens