Real Estate Weekly
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Residential

DONE DEALS: No shortcuts here

Sometimes, the last cut is the deepest.

When Jamie Fedorko and Brandon Major of Warburg Realty slashed $55,000 from the asking price on a two bedroom at 264 Greene Avenue in Clinton Hill, it sparked just the response they needed.

A rush of interest and an over-ask offer that pushed the numbers back above the new asking price.
After hitting the market at $1.15 million in 2016, Fedorko and Major relisted the home at $1.25 million last fall.

With no serious takers, they cut the price and just closed at $1.2 million after a flurry of local buyers swooped in.

“The numbers don’t lie,”said Fedorko. “It just took some adjustment to get more people in the door and multiple bids on the table. Ultimately, everyone was happy with the end result.

“264 Greene is particularly beautiful, with great outdoor space in an ideal location and buyers ultimately saw that and responded accordingly.”

MANHATTAN

Harlem
1325 5th Avenue #3H
$930,000
Modern two bedroom, 2-bath in the Fifth Avenue Condominium, the recently-converted complex comprised 151 homes with custom millwork, hardwood floors, modern casement windows, chef’s kitchens and in-unit washer/dryers. Amenities includes roof deck, package room, fitness center, bike room and on-site parking. Asking price: $1,015,000. CC: $936.00. Agents: Makeba G. Lloyd, MNS; Michael Sin, R New York (pictured).

Flatiron
16 W19th St. #11C
$2,375,000
High floor three bedroom, 3-bath loft at the Jade Condominium. 11 ft. ceilings, multiple south-facing, floor-to-ceiling windows with Juliet balconies. Spacious living/dining room and renovated kitchen with multiple dishwashers, a new range and ample countertop and cabinet space. Master suite with custom walk-in closet and a master bath with double vanity. Asking Price: $2,995,000. CC: $2,443. Days on Market: 206 days. Agents: Ariel Tavivian (pictured) and Yair Tavivian, Douglas Elliman; Ian Slater and Philip Scheinfeld, Compass.

Flatiron
404 Park Ave. South #6B
$1,265,000
Jr. one bedroom, 1-bath at the Huys Condominium. Currently configured as an alcove-studio with 11.5 ft. ceilings and oversized shutter casement windows. 12 ft. window seating banquette, wide oak plank floors, integrated motorized window shades and detailed millwork and hardware throughout.Kitchen is outfitted with Chambolle countertops and Miele appliances. Bathroom with radiant heated floors and oversized shower. White glove building with roof terrace, fitness center, playroom. Asking price: $1,336,000. CC: $902.00. Agents: Anthony Barillo, Victoria Adamo, Fredrik Eklund and John Gomes, Douglas Elliman; Helen T. Ginns and Edward Sadovnik, R New York.

BROOKLYN

Kensington
495 E7th St. #6M
$380,000
One bedroom, 1-bath with foyer leaing to 32 ft.long living room with dining space and open view through an oversized window. Separate kitchen and king-size bedroom facing the rear of the building. Asking Price: $380,000. CC: $789. Days on Market: 76 Days. Agents: Michael Soheil, Warburg Realty; Marina Sinebok of Triplemint.

Ocean Hill
1354 Herkimer Street
$1,125,000
Renovated four-story home configured with four apartments and a prviate back yard and delivered vacant. Top floor three bedroom, 2-bath unit with open kitchen and hardwood flooring. Second floor has a renovated two bedroom, 1-bath and the ground is anotehr three bed, two bath unit with access to back yard. Asking Price: $1,200,000. Days on Market: 154 Days. Agents: Jessica Swersey, Warburg Realty; Kristy Salama of Anchor Associates.

Greenpoint
122 West St. #3B
$745,000
Generous one bedroom, 1-bath with high ceilings, floor-to-ceiling windows, oak hardwood flooring, spacious living space, kitchen with stainless steel appliances and modern bath with soaking tub. In-unit washer and dryer. Originally built in 1872 for the Eberhard Faber pencil company and converted to a luxury condo in 2009. The building offers an automated entry door system, package room, residents lounge, fitness center, pool table room, bicycle storage and common roof deck. Asking Price: $745,000. CC: $439. Days on Market: 63 days. Agents: Domingo Perez, Warburg Realty; Carey Larsen, Citi Habitats.

Bedford-Stuyvesant
61 Hancock St.
$2,400,000
20 ft. wide, five-story Brownstone Built in 1873 by Brooklyn’s first female developer, Susanna E. C. Russell. Seven bedrooms, 4-baths and meticulously maintained facade, featuring the original intact pilasters and lintel surrounding the main entrance, the original double-leaf wood and glass-door, and incised Egyptian Revival ornaments decorating the entirety of the facade. Onside are parquet floors, tray ceilings, marble fireplaces, wainscoting and intricate woodwork throughout. Asking Price: $2,495,000. Days on Market: 37 Days. Agents: Ariel Tavivian, Yair Tavivian and Shai Bernstein, Douglas Elliman; Bernard Gifford, Corcoran (pictured).

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