Real Estate Weekly
Image default

DONE DEALS: KWNY duo hit Soho sweet spot

Keller Williams brokers Ilan Bracha and Lisa Joa hit a sweet spot in pricing that sparked a bidding war over a Soho loft.
The pair listed Unit 5W at 565 Broadway at $3.9 million and sold it within 10 weeks for $4.2 million.
“After researching and analyzing the market, we realized there was a huge demand for large renovated lofts in SoHo,ˮ said Bracha. “By pricing the apartment well, we created an opportunity for a bidding war.ˮ
The war was won by a foreign buyer who swooped in with an all-cash offer for the 2,740 s/f unit.


The three bedroom, 3-bath pre-war apartment has a keyed elevator, oversized windows, high ceilings, hardwood floors and custom built-in sound and storage systems.
The kitchen is granite with Boffi cabinetry and there is two zone central air and a washer-dryer.
Tim Scott at Corcoran brought in the buyer.
The Soho sales market has been sizzling recenlty with the median sales price going up over a million dollars in the last year to $3,247,500, according to Trulia.
Average price per square foot for homes in SoHo was $2,036 in the most recent quarter, which is 46.37% higher than the average price per square foot for homes in New York.

Upper West Side
304 W75th St. #17F
Pre-war co-op studio in a full-service building. Windowed, renovated kitchen with stainless steel appliances, hardwood floors, high ceilings and extra storage. Close to Fairway, Citarella, Trader Joe’s, Riverside Park and all public transportation. CC: $976. Asking price: $362,000. On the market: 3 weeks. Agents: Sheryl Berger, Argo Real Estate; Cynthia Cincotti, Douglas Elliman Property Management.

45 W67th St. #8C
1,014 s/f two bedroom, 1.5 bath condo with hardwood floors, updated windowed kitchen with Sub-Zero fridge and granite countertops, separate dining area, North and South exposures and a washer-dryer. Full service doorman building with common storage, bike storage and interior courtyard. CC: $938. Asking Price: $1,450,000. Time on the Market: 34 days. Agents: Charles Stern; Kristina Leonetti, Corcoran Group.


Upper East Side
151 E83rd St. #1B
Four room, 1-bedroom, 1-bath co-op in a 1929 co-op. 9 ft. beamed ceilings, hardwoods, walk-in closets throughout. Bonus room ideal for a library or study. Amenities include residents’ garden, roof deck, private storage, central laundry room and video security. Asking Price: $535,000. CC: $1,467. Days on the Market: 17 weeks. Agents: Ogden Starr, Brown Harris Stevens; Justin Kotcher, Citi Habitats).

Turtle Bay
345 E50th St. 4F
Floor-through two bedroom, 2-bath with keyed elevator access, indoor solarium and two outdoor spaces. Open, eat-in kitchen with center island, stainless steel appliances, wine fridge and espresso/cappuccino machine. Hardwood floors, private storage unit, 10 ft. ceilings and washer/dryer. Boutique condo offers 24-hour concierge service and gym. CC: $2,004.85. Asking Price: $1,800,000. Days on Market: 7. Agents: Corey Wecler, City Connections Realty; Jonathan Conlon, Corcoran.

Murray Hill
5 Tudor City Pl. #1839


370 s/f high-floor studio in Windsor Tower. Corner apartment with wrap-around terrace offering views North towards the UN and East facing the river. Wood floors, great storage space, high beamed ceilings and oversized windows. Pet friendly, pre-war co-op with full time doorman, maintenance staff, laundry room, fitness center, community room, storage room, bike room and lobby level convenience store. Maintenance includes electricity.CC: $1,168.58. Asking price: $550,000. Time on the market: 154 days. Agent: Kristina Ojdanic, The Corcoran Group.

205 Third Ave. #3K
One bedroom, 1-bath co-op in Gramercy Park Towers. Crown moldings throughout, generous closet space. Renovated kitchen with stainless steel appliances. Renovated bathroom. Private west-facing terrace. 24-hour doorman, concierge, fitness center, roof deck, garage. Asking Price: $849,000. CC: $838.88. Days on the Market: 23 weeks. Agent: Elaine Mayers, Citi Habitats.

Greenwich Village
88 Bleecker St. #6M
One bedroom, 1-bath penthouse at The Atrium. Renovated pass-through kitchen with dishwasher, hardwood floors, entry foyer. Building has a virtual doorman, 24-hour surveillance and package acceptance, laundry room, bike room and storage facilities. CC: $1,064. Asking price: $675,000. Days on Market: 14. Agents: Allison Block and Shannah Miller, City Connections Realty; Annette Akers, The Corcoran Group.


Prospect Heights
535 Dean St. #808
Two bed, 2-bath 1,800 s/f condo in full service Newswalk building. Home office now set up as guest bedroom. Wall-to-wall north facing windows with Manhattan view. 24-hour doorman, garage, two zone heating and AC. Master bedroom with his and her closets plus walk-in closet. En suite bathroom with shower and jacuzzi. CC: $1,465. Asking Price: $1,725,000. Time on the Market: 120 days. Agents: Mary Lowe, Corcoran Group; Phyllis Elliott, Corcoran Group.

(Visited 1 times, 1 visits today)

Related posts

REBNY partners with CoStar to launch ‘gamechanging’ new RLS


Developer set to start work on luxury Riverdale apartment building


RXR breaks ground for first South Bronx project