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Residential

Done Deals: Ready for transformation

An East Village apartment that was ripe for a gutting was recently sold by Warburg agent Domingo Perez Jr. when he helped the buyer see what it could become.

DOMINGO PEREZ JR.

626 East 9th Street, 2F, a three-bedroom, 1-bath home sold for $701,000, six thousand dollars above ask, after being on the market for 36 days. To do this, Perez provided an alternative floor plan and kept virtual staging of the home, with its exposed original brick and light from three exposures, to a minimum. Ultimately, Perez said the buyer was convinced to act after seeing a transformation of a neighboring apartment in action.

“I showed him a video of the renovations in progress going on upstairs. The place was gutted down to the studs all walls down. The apartment looked enormous and a light bulb went off in his head,” said Perez. As for the buyer’s plans, the intention is now to add another bathroom and combine two bedrooms.

Though 2F was marketed as a good candidate for a renovation, Perez said there was a lot of interest.

“I had 67 groups in the first open house. Our CEO Frederick Peters always says there’s no better marketing than an apartment that’s priced right. The only challenge was that since it’s an HDFC building, the potential shareholder had to meet strict income restrictions.”

Hell’s Kitchen
300 W. 53rd St. 5B
$910,000

BRIAN LEWIS

This renovated condo has an entertaining space, a dining area, a workspace, a windowed, renovated kitchen, a renovated bath, a corner bedroom and a flexible floor-plan.
The building is a 1947 condo that’s pet-friendly. Amenities include a doorman, onsite laundry, bike storage and live-in-super.

Asking price: $899,000.Days on the Market: 69. Seller’s agent: Brian Lewis, Compass. Buyer’s agent: Charles Mazalatis, The Maz Group.

Gramercy
340 E. 23rd St. 8B
$675,000


BRIAN MORGAN

Studio condo with floor-to-ceiling windows and open, south-facing views.  Living and dining area features white oak hardwood floors.  State-of-the-art kitchen with Sub-Zero, Miele, and Fisher Paykel appliances.  Bath includes white glass walls and custom vanity with pendant lighting.  Home also features a multi-zone HVAC system and in-unit washer/dryer.  Located in Gramercy by Starck, a building with 2,600 s/f fitness center, full-floor lounge with adjacent terrace, screening room, and landscaped roof deck with East River views. 

Asking price: $675,000.  Maint./CC: $507 per month.  Days on the market: Eight weeks. Listing agent: Brian Morgan, Citi Habitats (pictured).  Buyer’s agent: Kawal Singh, Berkshire Hathaway Home Services.  

Murray Hill
140 E. 40th St.
$535,000

ROYCE CARA BERLER

One-bedroom, 1-bath co-op with pre-war details including original casement windows, high beamed ceilings, and an arched entryway. Updated kitchen and bath. Located in a 1930 building designed by noted architects Bien & Prince. 

Amenities include a central laundry, live-in super, and furnished roof deck with Empire State Building views.  Art Deco lobby with a fireplace, terrazzo floors, and Le Corbusier designed seating. Near Grand Central Terminal. Asking price: $555,000. CC: $1,191 per month. Days on the market: 37 weeks. Listing and buyer’s agent: Royce Cara Berler, Citi Habitats.

Sutton Place
400 East 54th Street #6A
$1,475,000

REBA MILLER

Unit 6A is a two-bedroom, 2-bath home featuring newly custom finishes such as wide planked floors, an open chef’s kitchen with 10 foot breakfast bar, an entertaining room, and new appliances, including a Bosch washer/dryer. Additional highlights include marble baths and walk in closets.

The Revere is a condominium building at the corner of First Avenue and 54th Street. Building amenities include a parking garage, landscaped outdoor plaza with play area, laundry room, bicycle room and storage. Closing incentive choices can include that purchaser can choose between three-year common charge credit or new 4 door in-stock Class A Mercedes Benz prepaid two-year lease with one-year parking spot.
Sales agent: Reba Miller, Berkshire Hathaway HomeServices New York Properties. Buyer’s agent: Thomas Lisiak, R New York. Asking price: $1,495,000. Time on the market: Three months. CC: $886.

Tribeca
74-76 Reade St., Apt. 2EF
$800,000

JACQUELINE KURTZ

In a boutique 11-unit elevator building, is this one-bedroom, 1-bath duplex with 14 ft. ceilings. Upon entering the loft, you’re greeted by painted brick walls. Storage has been streamlined with custom built-in closets, cabinets, drawers and shelving. The open kitchen has cherry wood cabinetry and Corian countertops. A spiral staircase leads to the mezzanine, with a sleeping area with a built-in bed and more closet and storage space. There’s also a home office.

Asking price: $895,000. CC: $832. Days on market: 45. Agents: Jacqueline Kurtz, Warburg Realty and Leslie Mintzer, Jamie Joseph and Wendy J. Sarasohn, Brown Harris Stevens.

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