Real Estate Weekly
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Residential

Done deals: One in (under) a million

NIKKI SUN

Compass agent Nikki Sun recently found the right buyer for a three-bedroom condo that was on the market for eight months because of high monthly payments. Sun said the buyer, a family from Georgia, immediately flew in to the city to see the home once they learned about it, because despite the high monthly costs — in place because the building was a land lease — the purchase price for the 1,281 s/f home was $990,000.

This was after it had been discounted from the original price of $1.375 million, and the discounts made the monthly $6,000 in taxes and common charges easier to bear.

“It was a three-bedroom condo when it’s really hard to find anything under $1 million,” Sun explained. “We’ve been monitoring the market. When there is a deal happening, a buyer will make a decision right away.”

The home is located at 2 South End Avenue, The Cove Club, in Battery Park City and Sun’s clients were drawn to the neighborhood as well as the property itself.

“My clients have two children and were relocating from out of state,” said Sun. “Battery Park City is surrounded by great schools.”

She had taken her clients to look at five different condo buildings in the area before they picked 2 South End.

“Even though this one is a resale, the seller did a great job on the renovation, and kept it in wonderful condition,” said Sun. “On another note, we closed just in time for them to use the address to apply to schools close by.”

Representing the seller were Jessica Weitzman and Grace Rivera of Corcoran. 

Prospect Heights
873 Pacific Street
$1,449,000
The last available condo unit at 873 Pacific Heights has been sold.
The garden unit is a 1,642 s/f one-bedroom(convertible two-bedroom) 1.5 bath duplex with its own private parking spot. There is also 988 s/f of outdoor space including a 675 s/f planted garden.
The home also includes 5″ oak floors and floor-to-ceiling windows. Bathrooms feature vanities created by Porcelanosa.
873 is a new eight-unit building situated on a tree lined block. Homes have keylocked elevator entry, in-unit washers and dryers, central AC, terraces and the building has a bike room.
Days on market. 72. Asking price: $1,449,000. CC: $468. Taxes: $646. Seller agents are: Nicole Hechter, Asaf Bar-Lev, Noelle Bailly of Corcoran (pictured).

Financial District
20 Pine Street, #611
$1,095,000
This Armani Casa designer loft home office convertible two-bedroom features 14 ceilings (the tallest in the building). The entry gallery leads into the great room with two west-facing windows and a custom built-in bookshelf. The kitchen features a concealed Sub-Zero refrigerator, Fisher & Paykel dishwasher, Gaggenau range and walnut cabinetry. The bath has imported stone tiling, a recessed rain shower, and separate soaking tub. This layout offers over 1,223 s/f of space.
CC: $1. Real Estate Taxes: $1. Tax abatement: 421-G. Last asking price: $1,195,000. Time on market: Off market. Listing agent: Nikki Adamo, Compass (pictured). Selling agent: F. Alexis Gandelman, City Connections Realty, Inc.

Carroll Gardens
291 Union Street, #4E
$1,850,000
Two-bedroom, 2-bath home at the Sackett Union condominium. Great room features white oak hardwood floors and open area for dining. Open kitchen has Wolf, Sub-Zero and Sharp appliances, and a center island for extra counter seating. A walk-in pantry with storage also features a washer and dryer.
The master suite has a walk-in closet, and a five-fixture spa bath with marble floors, double-sink vanity, soaking tub and shower. The second bedroom also has a full bath.
CC: $1,351. Real Estate Taxes: $731. Tax Abatement: 421-A. Last asking price: $1,825,000. Days on market: 33. Listing agents: Eric Sidman, Stephen Ferrara, Clayton Orrigo, Compass. Selling agent: Megan Niwinski, City Connections Realty, Inc. (pictured).

Upper West Side
302 West 79th Street-5D
$624,000
This one-bedroom, 1-bath home is located in a turn-of-the-century cooperative with southeastern exposures and just steps away from Riverside Park.
This 700 s/f home boasts nine ft. ceilings and prewar details throughout. Upon entry, there’s a foyer that easily doubles as dining space and flows into the living room with a decorative fireplace. The newly gut renovated windowed kitchen features white subway tile backsplash and stone countertops, as well as stainless appliances – a Samsung range and coordinating mounted microwave, and Bosch dishwasher. The bath has a freshly reglazed bathtub and brand new vanity, basin, and tap. The bedroom has a separate space for a home office, and a walk-in closet.
Asking price: $599,000. CC: $1,284. Days on market: 19. Agents: Maria Daou (pictured) and Jeremy Kamm, Warburg Realty, Elizabeth Jean Adams, Brown Harris Stevens.

Upper East Side
35 East 85th 15AN
$725,000
Apartment 15AN is a studio, 1-bath apartment in a co-op building. Central Park views from three exposures, as well as a newly renovated kitchen and bath are the highlights of this alcove studio. Located between Park and Madison Avenues, it’s one block from Central Park and two blocks from the subway.
Asking price: $790,000. CC: $1,386. Days on market: 55. Agents: Harriet Kaufman (pictured) and Dorothy Schrager, Warburg Realty.

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