Midtown
$4.1 million
110 Central Park South, Apt. 3A
Two-bedroom, 2.5-bath, 1,849 sf unit in a prewar cond-op; building has doorman and concierge; unit has washer/dryer, marble baths; maintenance $5,505 per month; asking price $4.25 million; 15 weeks on the market. (Brokers: Richard Tayar, Keller Williams NYC; Maria Daou, Warburg Realty)
Richard Tayar
“The property was with a previous broker for about a year, but it was sitting pretty much idle. I took the listing, and about a month or so later, another broker came in with foreign buyers from Latin America who were interested in buying two apartments in the same building as a pied-à-terre. One would be for the parents, and one for the daughter and her husband. Luckily enough, there was another [apartment] available in the building. It was an all-cash deal for both units. [It] took a bit longer than expected to close because the buyers, since they were international, did a lot of due diligence, even though the apartment was in pristine condition. It took about two months. The seller had bought it as an investment and they just wanted to dispose of it, perhaps make other investments with the sale money.” Richard Tayar, Keller Williams NYC
Midtown
$3.02 million
721 Fifth Avenue, Apt. 42B
Two-bedroom, two-bath condo unit at Trump Tower; building has doorman, concierge, health club; unit has marble baths, walk-in closets; common charges $2,454 per month; taxes $2,005 per month; asking price $3.35 million; eight weeks on the market. (Brokers: Enid Katze, Halstead Property; Raffaele Saccente, Global International Realty Group)
Enid Katze
“I represented [the seller] when he bought this apartment, which was when the market was sort of falling apart. He closed right after the Lehman crash. He had bought it as a pied-à-terre — he lives in Switzerland — but never really used it, so he decided to sell it. We listed it for about two months. The buyer was also a foreigner, but from Greece. He had friends in the building. The building seems to attract a lot of foreign buyers — they like to be on Fifth Avenue. The apartment was in great condition, with all brand-new furniture that was hardly used, so basically the buyer just had to bring their clothes here. It was all-cash, both when the seller bought it and when the new buyer bought it. Neither buyer nor seller were here for closing; both were represented by attorneys, and there were no problems with approval or anything. At the end of the day, the seller lost some money, but not that much. So he was pleased, given the state of the market.” Enid Katze, Halstead
Upper West Side
$1.71 million
10 West End Avenue, Apt. 23B
Two-bedroom, two-bath, 1,329 sf unit in new-construction condo; building has doorman; unit has hardwood floors, washer/dryer, private outdoor space; common charges $1,266 per month, taxes $277 per month; asking price $1.74 million; 49 weeks on the market. (Brokers: Roy Silber, Citi Habitats; William Ryan Hobbs, Evans & Nye)
Roy Silber
“I actually sold the seller the apartment originally, [when he bought it] from the developer in 2007. Back then, he was a single guy, an eye surgeon. He has since gotten married and had a kid, and it was time for him to upgrade to more space. The buyer was a lovely couple with a child. They wanted to be on West End [and] they loved the views of the water and the city. Plus, there’s a balcony. The apartment is new-construction, and there is an open flow between the kitchen, living and dining rooms, which the buyer liked, and is rare in older homes. There was a small bidding war, and so the buyers, who weren’t going to pay all cash necessarily, decided to do so. It’s in the seller’s interest because it was a much quicker close with no financing contingency. So we closed in 45 days.”
Roy Silber, Citi Habitats