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Residential Deals

05/01/2014, By

Residential deals

May 01, 2014 
By Sasha von Oldershausen

415 East 37th Street, Apt. 6GH

415 East 37th Street, Apt. 6GH

Murray Hill
$1.73 million
415 East 37th Street, Apt. 6GH

Three-bedroom, two-bath, 1,629-square-foot unit in the Horizon condominium building. Apartment has views of the East River and United Nations, marble bathrooms and granite counters; building has a doorman and concierge. Common charges $1,709 per month, taxes $1,681 per month. Asking price $1.8 million; 15 weeks on the market. (Brokers: Dan Geller and Natasha Ulyanov, Keller Williams; Ajay Sharma, City View Real Estate)

“This is not necessarily the easiest location — it’s near the Midtown Tunnel, it’s near the water and it’s near First Avenue. It takes a very specific buyer. We needed an international buyer. The international buyer loves amenities and the amenities in this building are first-rate. There’s a wonderful gym, valet service, they’ll clean your apartment, they do your laundry — it’s like living in a hotel. The buyer was a very difficult negotiator, but we beat him into submission as we always do. It took six weeks to make this deal with him. The sellers were in a unique position; they had completely outgrown their apartment, and they had another child on the way and had to move. We were under the impression that she wasn’t going to give birth until spring, but she gave birth in January, so we had to orchestrate a balancing act between the new purchase and the sale. I had prepared for this. I made a clause that in case she gave birth early, the couple got to stay in the apartment for an additional three months free of charge. We didn’t think it would happen, but it did.” – Dan Geller, Keller Williams

Turtle Bay
$1.08 million
333 East 46th Street, Apt. 9B

Two bedroom, two-bath, 1,200-square-foot unit in a condop building; apartment has hardwood floors, renovated kitchen and baths; building has storage facilities, roof deck, garden, garage, 24-hour doorman and live-in super. Common charges $1,880 per month. Asking price $1.13 million, 29 weeks on the market. (Brokers: William Moye, Bond; Sahar Ziv, Douglas Elliman)

“Next door to the building is an empty lot, and it’s going to be built on at some point. We were having a bit of trouble because the west-facing windows look over that empty lot. At one point we were afraid that the empty lot would devalue the property too much. But we finally found a couple that recognized the value of the place. It was exactly what they were looking for in terms of layout, location and space. And even with the empty lot, they really saw the investment potential in this area. There’s renewed interest in this neighborhood. On one corner, the new Zeckendorf development that will have $70 million penthouses is being built. It’s right next to 100 UN Plaza, and across the street from the headquarters of the United Nations. We feel really good about the neighborhood and its long-term outlook.” – William Moye, Bond

$2.35 million
34 North 7th Street, Apt. 3Q

Two-bedroom, two-bath, 1,629-square-foot duplex unit in a condominium building, the Edge. Apartment’s lower level has an open layout with 18-foot ceilings, floor-to-ceiling windows and protected views. Building has roof deck, fitness center, maid service, pool, 24-hour doorman and concierge. Common charges $1,412 per month. Asking price $2.35 million, 1 day on the market. (Brokers: Eugene Litvak, Citi Habitats; Susan Wires, Stribling & Associates)

“The Edge is the most sought-after luxury condominium in Williamsburg, with an amenity package that rivals none. I have a waiting list of buyers and buyer’s brokers with checkbooks in hand. I’ve spent several years creating relationships in the building and the neighborhood. This unit is a beautiful and truly rare loft, featuring more than 1,600 square feet and unobstructed East River and skyline views. Our ‘drive the market’ approach really worked here, making this the most expensive non-penthouse duplex to ever sell in the building.” – Eugene Litvak, Citi Habitats

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