Real Estate Weekly
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Residential

DONE DEALS: More than meets the eye

CHALLENGES STEMMING from a landmarked building that is not what it appears to be at first glance kept a mixed-use condo in Park Slope on the market for good eight months. However, ultimately it was James Guimaraes of Ideal Properties Group who closed on the residential portion for $51,000 above ask, for $2,050,000. The property, 82 Sixth Avenue, looks like a regular mixed-use building from the outside, and is known in the neighborhood for its distinct vintage “fishbowl” front, but it’s actually split into two condos, one with five rental market rate apartments, the other with seven commercial spaces.

The buyer was an investor from Texas, who is also looking at other rental buildings around Park Slope and didn’t seem to have plans to flip this one. Guimaraes represented the seller, while Aran Scott of Douglas Elliman represented the buyer.

JAMES GUIMARAES

While the sale was a challenge — every buyer needed to be informed that the commercial spaces were not for sale and that as a landmarked property, there would be a lot of work involved just to be able to do any actual work on improvements — Guimaraes believed it was priced right.

“Getting calls about the house wasn’t a struggle as it was priced for what I sold: a condo,” he said.

MANHATTAN

East Harlem
152 East 118th St., Apt. 6H
$562,320

6H at the Embelesar118 building is a one-bedroom, 1-bath unit with a home office that can double as a guest room. The unit is open concept with 5″ inch hardwood floors throughout and energy efficient windows with northeastern exposures. The tiled bathroom offers a half glassed shower/tub, Kohler sink/hardware and a custom made medicine cabinet. The kitchen has Caesarstone countertops and backsplash, GE Café Series appliances and dark wood cabinetry. This apartment has a cedar-lined built in armoire, in-unit Bosch Washer/Dryer and a maintenance fee that is 34 percent tax deductible.

Asking price: $575,000. CC: $1,013. Days on market: 70. Agents: Joel Moss and Samantha Frith, Warburg Realty.

Upper West Side
11 Riverside Drive, #150W
$675,000

The largest one-bedroom, 1-bath home available at 11 Riverside Drive a.k.a. The Schwab House also features a courtyard view, a windowed kitchen, and an Eastern exposure.

Building has doorman, concierge, roof deck, gym, play room, bike room and garage. Pet friendly, pied-a-terre friendly, and co-purchases and guarantors welcome on a case-by-case basis.

Last asking price: $675,000. Days on the market: $895. CC: $1.562.79.

Seller’s agent: Brian K. Lewis, Compass. Buyer had no agent.

Upper West Side
141 West 85th Street, 4
$989,000

This top floor duplex one-bedroom, 1-bath home has views, a private terrace, and a wood burning fireplace. Ceilings are over 10 feet high and are beamed. The kitchen is open and renovated with stainless appliances, granite counters, a breakfast bar and mahogany cabinets. There’s also a dishwasher and a washer dryer.

Asking price: $999,000. CC: $708. Days on market: 168. Seller’s agents: Alan S. Nickman (pictured) and Stephen O’Neal, Douglas Elliman. Buyer’s agent: Svetlana Choi, Warburg Realty.

LONG ISLAND CITY

5-26 47th Avenue #3B
$1,250,000

This two-bedroom, 2-bath home is located at Vernon 1 Condominiums in the Long Island City waterfront. The reclaimed brick exterior and oversized factory inspired windows pay homage to Long Island City’s Industrial past while the building’s interior hallways are made from reclaimed wood, natural stone, and have Edison lighting. The smart technology utilized for each home provides wireless Sonos sound systems, Wi-Fi enabled thermostats, recessed lighting throughout, video intercom systems, key-less thumbprint door access, central heating and cooling by Daikin as well as vented stackable washera and dryers in every home.

Asking price: $1,270,000. CC: $514. Days on market: 112. Seller’s agents: Alexander Pereira (pictured) and Rick Rosa, Douglas Elliman. Buyer’s agents: Michael J. Franco and Miriam Richards, Compass.

BROOKLYN

Cobble Hill
234 Baltic Street
$3,900,000

Four-story, 20-foot wide classic red brick row house has only one tenant who is month to month. The property has three apartments: a parlor floor duplex and two floor through one-bedroom homes. The parlor floor has a 24-foot living room with a fireplace and 6” wide quarter sawn white oak flooring. An open chef’s kitchen features new appliances and finishes. The dining room overlooks the garden. Downstairs on the garden floor there are two bedrooms and two full baths. The master suite overlooks the garden. The second bedroom has an en-suite full bath. There is a washer and dryer on this floor. The third and fourth floor apartments each have renovated kitchens and baths.

Asking price: $4,799,999. Days on the market: 147. Seller’s agents: Amy Katcher and Curtis Rhine, Buyer’s agents: Avi Harkov and Warner Lewis, Halstead.

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