Residential deals

393 West 49th Street
393 West 49th Street

Midtown West

$650,000

393 West 49th Street, Apt. TH1-C

635-square-foot studio in a condo, Worldwide Plaza; unit has sleeping alcove, washer/dryer and private street entrance; building has concierge, pool, fitness center, courtyard and sun deck; common charges $792 per month; taxes $572 per month; asking price $650,000; 15 days on the market. (Brokers: Gabriel Bedoya, the Corcoran Group; Mark Ski, Bond New York)

“The buyers were looking for a pied-à-terre in the city. This unit has its own entrance so visitors can come directly to their unit without going through a doorman or concierge. The private entrance made it attractive to them. [Our first offer] was a bit below asking price, but we were told by the listing broker that his seller was going to hold out for full asking price. My buyers didn’t want to lose this unit — they lost two others by not acting quickly enough — so I got them to come up. Both the buyer and seller signed the contract. Our attorney returned the contract for comments, but didn’t hear from the seller’s attorney for two days. [I found out] the seller was more interested in another buyer who did not [need] financing. So my buyers removed the ‘may seek financing’ [clause] from the contract and offered all cash with a quick close. That moved us back into the driver’s seat and back on course.”

Mark Ski, Bond NY (now at Town Residential)

Murray Hill

$1.07 million

135 East 39th Street, Apt. 4E-D

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Two-bedroom, two-bath, 1,500-square-foot co-op unit in a prewar building; apartment has dishwasher, hand-plastered moldings and private garden; building has live-in super, laundry; maintenance $2,730 per month, asking price $1.04 million; six weeks on the market. (Brokers: Dan Geller, Keller Williams NYC; Adam Cronheim, Corcoran)

“I have sold numerous times in this building, and one of my [previous] clients recommended me to the seller, who wanted to live closer to his children. The building is an Art Deco prewar building, [but] the combination units have undergone incredible renovations, so you feel like you are in a Soho loft. We were swamped with interested buyers for this property. We had multiple full-price offers and actually had an offer higher than the one [we] accepted, but the buyers we chose were the most qualified.”

Dan Geller, Keller Williams NYC

Tribeca

$8.2 million

250 West Street, Apt. 7A

Four-bedroom, four-and-a-half bath, 4,105-square-foot unit in a new condo conversion; apartment has rain shower, deep-soaking tub, central air conditioning, laundry room and storage space; building has a 24-hour doorman, fitness center, pool, children’s playroom and rooftop garden; common charges $2,610 per month; taxes $4,417 per month; asking price $8.75 million; seven weeks on the market. (Brokers: Richard Orenstein, Halstead Property; Johnny Lal, Citi Habitats)

“My clients were a couple with a child and two small dogs, and they had very specific requirements as to what they wanted in a home. They had been renting in Tribeca and really wanted to stay in the neighborhood. They needed a four-bedroom property with views, and that isn’t always so easy to find. I worked with them for three years before we found this property. The place was a resale, but it was brand new because the person who bought it initially from the sponsor never moved in. My clients were really impressed with the views, which added a ‘wow’ factor that was missing in many of the other apartments we toured. They also really appreciated the high ceilings. The negotiations were intense. The initial list price was $8.75 million, and my clients’ initial offer was $7.75 million. It took about 10 days of back and forth to reach the agreed-upon closing price. My clients did not want to spend above $7.5 million, and it took showing them the property four times before they were convinced it was a good value at $8.2 million. It was an all-cash deal.”

Johnny Lal, Citi Habitats