Residential deals

Aug.August 01, 2014 07:00 AM
130 Water Street

130 Water Street

Financial District
$750,000
130 Water Street, Apt. 4M

One-bedroom, one-bath, 750-square-foot unit in a condominium building. Apartment features private balcony, custom cabinetry and additional built-in storage space; building features full-time doorman, live-in super and porter. Common charges $835 per month; taxes $641 per month. Asking price $735,000; two weeks on market. (Brokers: Kathryn Quinton, Keller Williams; Colleen Leeman, Citi Habitats)

“The apartment was updated, including a complete renovation to the kitchen and bathroom. It faces Water Street, which is unique for this building, since only a few floor plans have this open exposure. The building is also undergoing some renovations — they’re adding a gym and a few other upgrades — which really adds measurable value for buyers. We received multiple offers and then moved forward with a ‘best and final’ offer situation. We sold for 2 percent above the asking price, which was a record-setting price for this line in the building. The seller was extremely pleased. She couldn’t have been happier.”

-Kathryn Quinton, Keller Williams

Greenwich Village
$3.395 million
542 LaGuardia Place, Apt. 5B

Two-bedroom, two-and-a-half-bath, 1,400- square-foot duplex unit in a condominium building. Apartment features 13-foot beamed ceilings and private roof deck with 850 square feet of exterior space; building features keyed elevator and video intercom. Common charges $1,059 per month, taxes $1,345 per month. Asking price $3.395 million; two weeks on the market. (Brokers: Kevin Alexander Daigh, Douglas Elliman; Nathaniel Faust, Citi Habitats)

“My client was looking for private outdoor space, so that was really what attracted him. He also wanted to be on the top floor, with no one above him. At his previous place, he’d had a lot of issues with noise from above. We had been looking for about four months. After the first two months, he had taken a much less aggressive approach. He was about to give up, but then we found this one. It was only a couple days on the market, and there were other people who were interested. He wanted it and he didn’t want it to wait, so he was willing to pay the asking price.”

-Nathaniel Faust, Citi Habitats

Midtown West
$6 million
230 West 56th Street, Apt. 68B

Three-bedroom, three-bath, 1,856-square-foot unit in a mixed-use condominium building, Park Imperial. Apartment features views of Central Park, floor-to-ceiling windows and marble bathrooms; building features 24-hour doorman, fitness center, on-site garage with valet, resident lounge and business center. Common charges $1,480 monthly, taxes $2,296 monthly. Asking price $6.459 million; 36 weeks on market. (Brokers: David Grossman, Reyn Rossington and Jonathan Elkaim, Modern Spaces; Narayana Seixas and Lisa Simonsen, Douglas Elliman)

“This was my first sale. It was my second real estate deal in its entirety. So I felt like it was a huge learning experience in terms of jumping into sales and being at this caliber. I had great support from my firm and partners. The apartment has beautiful views of Manhattan. However, with the upcoming construction of the Nordstrom Tower, some of the green-carpet views of Central Park were going to be obstructed, which was a major discussion point with all prospective buyers for the property. We chose to focus on the apartment’s other iconic views and the great location — the fact that it’s right by Columbus Circle, and that you’re inches away from Broadway.”

-Jonathan Elkaim, Modern Spaces


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