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Residential Deals

06/01/2012, By Guelda Voien


Residential deals

June 01, 2012 
By Guelda Voien


$7.08 million

30 Crosby Street, Apt. 4A

Two-bedroom, three-bath, 4,200 sf unit in a doorman condo, the Loft; apartment has exposed brick, wine cellar; common charges $3,515; taxes $2,021; asking price $7.45 million; three months on the market. (Brokers: Ivan Prochko and Cara Rosenbloom, City Connections Realty)

“The seller bought the apartment from Courtney Love six years ago. The buyer is in the movie business; he is a post-production guy, and we are actually selling his estate up in Fairfield, Conn., now. I had him take a red-eye in from California [to see the apartment]. Three people were bidding on it, and they were interested because there is very little real loft condo product available in Soho, and it has a doorman. There was a bidding war, and it went into contract within the week. When you get into that price range things can get crazy, but the financing went really smoothly. It was a little difficult to navigate the condo package because my buyer was a victim of identity theft before, so he was hesitant. We worked it out that all the documents would be returned or shredded, so he was pretty happy with that.”

Ivan Prochko, City Connections



$1.1 million

144 North 8th Street, PH1B

One-bedroom, one-bath, 4,100 sf unit in a new development condo; building has 24-hour doorman, roof deck, gym; apartment has eat-in kitchen, hardwood floors, whirlpool bath; common charges $548 per month; asking price $1.1 million; one day on the market. (Brokers: Deborah Rieders and Sarah Shuken, the Corcoran Group; Ann Deane, Bond New York)

“The [buyer] is from Las Vegas, and was looking for a pied-à-terre. We saw about 15 apartments before this one. I took him to this apartment when it had only been on the market for one day. He fell in love with the 13-foot ceilings. We went to the developer for financing because the developer offered good rates and terms to my buyer and it was easier. But construction took longer than anticipated, so everything got delayed. It took forever to get the TCO. We thought we were closing in January, then it got pushed to February, March, April, May. Because my buyer travels a lot and doesn’t have many opportunities to be in New York City, we had a tight closing window and the developer’s financing guy really pulled through and made it happen at the last minute.”

Ann Deane, Bond New York


West Village


175 West 12th Street, Apt. 9H

One-bedroom, one-bath, 839 sf unit in a doorman condo built in 1962; building has roof deck; apartment has hardwood floors; maintenance $594 per month, taxes $535 per month; asking price $850,000; 11 weeks on the market. (Brokers: Jennie Ma, Corcoran; Harold Kobner, Argo Residential)

“This was a very fast deal. I had sold the buyer another apartment. She called me up and said she was looking to buy a condominium because she had some extra money and wanted to put it in an apartment. She wanted to get a large one-bedroom because she thought a studio would be hard to rent out. She walked into this apartment and it has a terrific view, and we started to negotiate immediately. On Tuesday, March 13, we reached an agreement, and on Friday the 16th at 5 o’clock it was signed by the seller, which is very fast. The buyer wanted to go on vacation knowing the apartment was hers and that everything was signed. I went and got the contracts and [physically] took them to the other attorney. It was an all-cash purchase. We closed May 3, and hopefully by June 1 she will have a tenant in there.”

Harold Kobner, Argo Residential

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