Real Estate Weekly
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Done Deals: Bargain on Bergen

Jeremy Parker of City Connections Realty was able to find the right buyer for a century-old Crown Heights home in just four weeks.

1579 Bergen Street, a two-family home that was built in 1920 and gut renovated in 2014, was ultimately sold for $975,000.

The home had been priced under market, $925,000, with the owner hoping to sell quickly and there were multiple offers. The winning offer of $50,000 above ask came from a couple of neighborhood lifers who previously lived at three different Bergen Street addresses. Selling the home was a young Brooklyn couple who decided to relocate upstate full time. The buyers plan to live in the upstairs unit, which has three bedrooms and rent out the one-bedroom garden apartment.

Along with the low ask, “The location was a selling point for my buyers and of course the Bergen address,” said Parker.

While the home sold quickly in a still sluggish market, Parker said there were still some challenges stemming from the lack of a seller agent. “That was the biggest obstacle, trying to get everyone on the same page at times,” he said.

The home has new electric and plumbing and FAR allows an owner to expand. Real Estate Taxes: $1,822 per year.

Sutton Place
444 East 57th Street-15B

This one-bedroom, 2-bath home with a home office (that can be converted to a bedroom) is located in a prewar condo building. The unit has been renovated with new appliances ans fixtures while original details have remained.

A foyer opens into a living room featuring a wood burning fireplace, custom bookcases and picture windows overlooking 57th Street.
Asking price: $2,000,000. CC: $1,803. Days on market: 166. Agents: Allison Chiaramonte and Tania Friedland (pictured) of Warburg Realty and Marie Schmon of Corcoran.

Greenwich Village
11 Fifth Avenue, #9M

This south and west facing loft-like alcove studio is now available at The Brevoort on lower Fifth Avenue.
With views over Fifth Avenue the home also features tall ceilings, a sleeping alcove, a private dressing area and closet space.

Maintenance: $1,387. Tax deductibility: 45 percent. Last asking price: $795,000. Time on market: 14 weeks. Listing agent: Jared Barnett and Augusto Bittencourt, Compass. Selling agent: Sara Lebow, City Connections Realty, Inc. (pictured)

140 Thompson Street, #6C

This penthouse duplex is located in a prewar loft building. 140 Thompson street a/k/a Broadway Arches was built in 1903 and is now a landmark.
This co-op home has 2,228 s/f of space. The upper floor has southern, western and eastern exposures. Also included is a WBFP, one full bath, den area, and a kitchen with Sub Zero Fridge and vent that leads to the roof. The lower level features two bedrooms, den/study space, 2 full baths, and washer/dryer.

Entire duplex features wide plank natural wood floors, original wood beams and columns, an entrance on each floor, double thermopane windows, and brick walls throughout.

Additionally, the board of directors has offered the top floor shareholders the opportunity to purchase the roof rights above their respective spaces. Estimating about 600 s/f of space above this unit, the cost to purchase the rights would be $225,000. The building has also undergone hallway, lobby and intercom renovations and upgrades.

Maintenance: $3,512.69. Tax Deductibility: 70 percent. Last asking price: $3,900,000. Time on market: 18 weeks. Listing agent: Ken Barkoff, Barkoff Residential. Selling agent: Paul Bernstein, City Connections Realty, Inc. (pictured)

Upper West Side
211 West 71st Street, #7A

This two-bedroom, 2-bath condo with south-facing windows look out onto the home’s private terrace from the living room. Adjacent to the separate dining area, the fully-renovated windowed kitchen is complete with stainless steel appliances. The master bedroom features a walk-in closet and en-suite bath.

Pet-friendly building offers on-site parking, a laundry room, a 24-hour doorman and a concierge.

Asking price: $1,625,000. CC: $1,584 per month. Days on the market: 14 weeks. Listing agent: Marko Arsic, Corcoran (pictured). Buyer’s Agent: Benjamin Gernandt and Bruce Mishell, Compass.

Lenox Hill
205 East 78th Street-9C

This one-bedroom co-op is located in a prewar building. The home boasts an entry foyer with two closets, a living room, and an open kitchen with wood cabinets, granite countertops and a breakfast bar that accommodates three barstools. The bedroom has two walk-in closets and an en suite windowed renovated bathroom.

Other details include high beamed ceilings, decorative moldings, through-wall A/C, CitiQuet windows in the bedroom and living room, as well as hardwood floors.

Asking price: $685,000. CC: $1,648. Days on market: 68. Agents: Tania Isacoff Friedland and Allison Chiaramonte, Warburg Realty (pictured), Morgan Turkewitz, Compass Real Estate.

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