Real Estate Weekly
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DONE DEALS: Rent-to-buy route


Citi Habitats agent Jay Molishever helped turn renters into buyers, but took some patience and tenacity to make his clients’ dream of home ownership come true.
The young parents of a 15-month-old son were renting in TriBeCa but wanted a home in Carroll Gardens, Brooklyn.
Molishever and his clients were outbid on several properties, so when he found a two bedroom co-op at 590 Henry Street with beautiful finishes and magnificent views, he knew they needed to be be aggressive.
Said Molishever, “We toured the listing on Friday. I advised not making a bid until after open house was held on Sunday. When I called the listing agent on Monday morning, she said there was a contract that had been out — but the potential buyer was dragging their feet.
“When I told my client, he asked me to submit an offer $25,000 higher than the $775,000 asking price. The sellers’ agent called back that evening and said if we could have the contract signed by Thursday, the place was theirs.
“My clients are thrilled their son will grow up there — and to top it off, their monthly cost of owning is significantly lower than what they were paying in rent.ˮ
The unit sold for $800,000 after four weeks on the market. Immacolata Giocoli of Douglas Elliman represented the seller.


48-54 W138th St. #6-I


Saint Anne’s Court, a new condo conversion combining pre-war charm and modern finishes. 500 s/f one bedroom unit has exposed brick, wood floors, stainless steel chef’s kitchen, entry foyer and windowed bathroom. CC: 416.00; Asking price: $338,003. Days on the Market: 392. Agents: Bohemia Realty Group & Warburg Realty Partnership; Whitney Osentoski, City Connections Realty.

Upper East Side
501 E79th St.
Two bedroom, 2-bath, 1,300 s/f co-op in post-war elevator building (York Towers) unit with parquet floors, large closets, renovated cook’s kitchen with stainless steel appliances and custom-designed wood cabinetry, renovated baths, central a/c, washer/dryer. Electricity included in maintenance. 24-hour doorman, bike storage and laundry. CC: $2,085; Asking price $1.35 million. Four weeks on the market. Agents: Phyllis Gallaway, Sotheby’s International Realty; Deanne Esses and Jay Harran Fruchtman, Coldwell Banker Bellmarc.
Murray Hill
310 Lexington Ave. #15A
One-of-a-kind co-op can be converted to a Junior-1 bedroom. Empire State Building views. Window in every room. Corner unit with original hardwood floors, abundant closets, new windows and new HVAC unit. Custom built-in cabinet contains Murphy bed, and offers additional storage. Separate dining area, separate dressing area. CC: $1,160. Asking Price: $499,000. Time on the Market: 84 days. Agent: Donna LaPerla, Corcoran Group.

Murray Hill
330 E38th St. #25N


1,700 s/f three bedroom, 3-bath post war apartment with 180 degree bay windows in living room with panoramic river and skyline views. Balcony off bedrooms. Seperate dining gallery. Plethora of closet space. Marble bath. CC: $1,312. Time on market: 5 months. Asking price: $2,100,000. Agents: Rusty Thrasher, Thrasher Real Estate; Cindy Anish, Keller Williams NYC .

224 W18th St. #9A
3,933 s/f home occupying entire ninth floor. 32 windows and 1,400 s/f of landscaped outdoor space. Large living room facing the front terrace. Three bedrooms plus a den/media room/4th bedroom. Master suite encompasses its own wing. Double office space. Poggen Pohl kitchen, dining area, built-in storage, separate wine cellar, and double walk-in closets. CC: $3,938. Asking price: $7,995,000. Time on the Market: 150 days. Agents: Jaime Safier, Douglas Elliman; Laurie Lewis, Corcoran Group.

200 W20th St.
Junior 1-bedroom, 500 s/f pre-war co-op with eastern exposure, lots of closets, hardwood floors, beamed ceilings, renovated kitchen and bath. Full service building with 24-hour doorman, live-in super, laundry room, roof deck. CC: $1,019; Asking price $499,000; Three weeks on the market. Agents: Richard Silverman, Coldwell Banker Bellmarc; Jim Farah, Corcoran Group.

198 Roebling St. #2A
1,127 s/f two bedroom, 1.5 bath loft with direct elevator access. Living room with almost 11 ft. beamed ceilings, open chef’s kitchen. Owner’s suite with en suite bathroom. Washer/dryer, five closets and private basement storage. Private balcony off the kitchen . Common roof deck. J-51 tax abatement in place. CC: $489. Asking Price: $992,500. Time on the Market: 71 days. Agents: Chris Cavorti, Corcoran Group; Brian Giambalvo, Corcoran Group

Long Island City
44-15 Purvis St. #3A
Two bedroom, 2-bath unit in The Vista, a new luxury condo. 965 s/f home with terrace, dining area, master suite with walk-in closet. Wood floors, marble-tiled baths and high ceilings. Part-time doorman, gym, social lounge. CC: $842; Asking price: $730,800. Days on the Market: 280. Agents: Jennifer Dorfmann and Eneida Puleri, Modern Spaces; Jennifer Chen Palumbo, City Connections Realty.



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