The Financial District is booming, and no one is seeing that more than Douglas Elliman broker Ariel Cohen, who just sold a studio at 75 Wall Street that set a square footage building record at $1,775 psf.
Cohen set the previous record of $1,540 psf in neighborhood several months ago.
“It’s unheard of in the Financial District,” said the veteran residential broker “It was the whole package, in terms of the lifestyle, the unit, the way it showed. It was a no-brainer.”
The 445 s/f studio sold for its original listing price of $790,000, after being listed in October of last year.
From the time it was staged and ready for viewing to the contract being signed took just three weeks, said Cohen, who represented the seller. Douglas Elliman agents also represented the buyer.
Converted in 2009, 75 Wall Street features access to integrated hotel services including 24-hour room service, catering, housekeeping, and valet laundry, as well as a full-time personal concierge.
“The Financial District has been peaking for a while and it’s just the beginning of the climax,” said Cohen.
MANHATTAN
Harlem
2292 Eighth Ave. #1
$875,000
Pre-war 1,350 s/f duplex condo. One bedroom, 1-bath, living room, dining area and kitchen on the first floor. Recreation room and 1/2 bath on the downstairs floor, leading to a 784 s/f private outdoor space. Washer and dryer, closets. CC: $542. Asking Price: $890,000. Time on the Market: 48 days. Agents: Monica Novo, Corcoran Group; Fabienne Lecole, Corcoran Group.
Midtown
1600 Broadway, PH3C
$3,100,000
Two bedroom, 2.5 bath penthouse apartment with floor-to-ceiling windows, new custom-made motorized draperies, Venetian plaster walls, and a recently added European glass shower door to the bathroom. Terrace views of Times Square.. Time on the market: 47 days. Asking price: $3,195,00. CC: $2,225. Agents: Nicole Gary, Keller Williams NYC; Bradley Christie, Demsker Realty.
Midtown East
245 E54th St. #17H
$550,000
One bedroom, 1-bath, 700 s/f luxury doorman co-op. The Brevard is a full-service building with roof deck and garage. Unit is sun filled from open eastern exposure. CC: $1065. Asking price: $574,900. Eight weeks on the market. Brokers: Rita Friedman, Coldwell Banker Bellmarc; Christian Bari, The Burkhart Group.
Tudor City
333 E43rd St. #516
$430,000
One bedroom, 1-bath co-op with living room, windowed kitchen. Master bedroom with en-suite bath. Hardwood floors and pre-war details. 11-story co-op built in 1927. Building offers full-time doorman, gym, roof deck, laundry and storage. Electricity and the gym membership included in maintenance. Asking Price: $445,000. CC: $1,377. Days on the Market: 28 weeks. Agents: Marisa Sargent, The Modlin Group; Omar Baez, Citi Habitats.
333 E43rd St. #516
$430,000
One bedroom, 1-bath co-op with living room, windowed kitchen, and master bedroom with en-suite bath. Original hardwood floors and pre-war details. 11-story co-op built in 1927. Building offers full-time doorman, gym, landscaped roof deck, laundry facilities and storage. Electricity and the gym membership are included in maintenance. Asking Price: $445,000. CC: $1,377. Days on the Market: 28 weeks. Agents: Marisa Sargent, The Modlin Group; Omar Baez, Citi Habitats.
Tudor City
2 Tudor City Place, 1KS
$635,000
One bedroom, 1-bath, 900 s/f co-op with “dining L,” renovated kitchen, wood floors, view of the East River. CC: $1,235. Asking price $649,000. 10 weeks on the market. Brokers: Rita Friedman, Coldwell Banker Bellmarc; Craig Roth, Next Stop New York.
Kips Bay
121 E23rd St. #18A
$2,675,000
Three bedroom, 2.5-bath 1,743 s/f home with two private balconies. Floor-to-ceiling windows. Kitchen with black granite and stainless steel
appliances, washer/dryer, Brazilian cherry wood floors and master suite with double marble vanity, separate shower and tub and rosewood cabinetry. Amenities include 24-hour doorman, concierge, resident lounge, gym and garden. CC: $2,242. Asking Price: $2,600,000. Days on the Market: 105. Agents: Lee Lewis and Jonathan Champaign, City Connections Realty; Weichert Realty.
BROOKLYN
Carroll Gardens
376 President St. #1H
$980,000
Two bedroom, 2-bath first floor condo. Wall of windows lead to private patio. Laundry rooms on each floor, live in super, bike storage, common garden, onsite parking garage. CC: $433. Asking price: $999,000. Time on the Market: 45 days. Agents: Steven Gerber Corcoran Group; Beth Kugel Halstead.
WESTCHESTER
White Plains
132 Davis Avenue,
$550,000
Colonial three bedroom, 1.5-bath home. Refinished hard wood floors, nwood-burning fireplace and manicured backyard. Upgraded kitchen and baths. Basement offers 300 s/f of multi-functional space. Asking price: $569,900. Taxes: $9,994. On the market 77 days. Agents: Gino Bello, Houlihan Lawrence; Jeremy Zucker, Keller Williams NY Realty.
