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

Douglas Elliman agent Lawrence Rich has just closed on a Tribeca apartment for $4.015 million that started as a $14,500 a month rental at the very last second before someone was going to rent it.

The two-bedroom, three-bathroom unit #2450 at swanky 101 Warren is a corner unit and has 1,929 s/f on a high floor with “beautiful views.”

“The buyers came in and said we don’t want to rent it, we want to buy it, and would the seller be interested,” said Rich.

Lawrence Rich

The seller was indeed interested, and the buyers took him up on his offer.

The previous owners purchased the apartment in 2009 for $2.779 million, according to public records.

The unit features premium interior finishes including 10-foot ceilings, richly-crafted walnut floors, and an open European state-of-the-art kitchen with Sub-Zero and Miele appliances. The building features ground-floor retail including a Whole Food and a Bed Bath &  Beyond.

“It happened the week of Christmas and I said ‘boy, someone gave me a great Christmas gift,'” said Rich. The buyers were represented by Vanessa Kaufman of Sotheby’s International Realty.

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