Real Estate Weekly
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Done Deals: What goes down must come up


Corcoran salesperson Marko Arsic recently sold an Upper West Side condo for $55,000 above ask, after having received a flurry of offers following a discount from the original price.

According to Arsic, despite the original price, $1,625,000, being competitive – the owner even taking a slight loss from a 2016 purchase, according to Streeteasy – the home received good feedback but no offers.
211 West 71st Street #7A, is a two-bedroom, 2-bath condo that includes a private terrace.

With the sellers eager to make a deal, they agreed to Arsic’s suggestion to cut the price to under market, $1,470,000, and immediately saw five offers, four of which were serious contenders. The home was then sold for $1,525,000.

“We ended up choosing the one that worked best for my clients – and it was not the highest one!” said Arsic. He added, “It was initially tough to advise my seller to reduce the price, but this decision paid off.”

He marketed the home all the traditional ways — mailers, social media, listing sites and open houses — and the winning offer came from another West Side home owner.

Additional features of the home include a renovated windowed kitchen with stainless steel appliances and master bedroom with a walk-in closet and en-suite bath.  The building has a doorman, onsite parking and is pet-friendly. CC: $1,584. Time on the market: 14 weeks. Buyer was represented by Benjamin Gernandt and Bruce Mishell, Compass.

Kips Bay
242 East 25th Street, #1B

712 s/f one-bedroom with 690 s/f backyard patio on a tree-lined block. Designed by Stephen B. Jacobs, this garden home features floor to ceiling windows.

The open kitchen features granite countertops, breakfast bar, glass tile backsplash and oak cabinetry. The bedroom features a wall of windows and a custom-designed closet. The bath is in mint condition and features Barre gray marble countertops and fixtures by Waterworks and Hansgrohe. Additional features include a washer/dryer, custom lighting, and a large entry foyer.

CC: $1,893. Tax Deductibility: 50 percent. Last asking price: $795,000. Days on market: 132. Listing agent: Justin Rubinstein, Compass (pictured). Selling agent: Laki Latinka Igrutinovic, City Connections Realty, Inc.

301 West 57th Street, #10B

Adjacent to Columbus Circle in the B-line at Central Park Place Condominium is this 10th floor, park facing apartment, featuring bay windows. The home is turn-key ready with a washer/dryer and the building is pet-friendly.

CC: $832.83. Real Estate Taxes: $1,034.07. Last asking price: $1,500,000. Time on market: 12 weeks. Listing agent: Ray Asis, City Connections Realty, Inc. Selling agent: Josh Heyer, Triplemint (pictured).

Crown Heights
972A Saint John’s Place

Four-bedroom, 5-bath two-family townhouse has white oak herringbone floors and a fireplace clad in marble. A master suite with walk-in closets and office space leads to a master bath with views of private backyard. Kitchen is complete with custom cabinetry, marble island and backsplash, wet bar and paneled Sub-Zero, Viking & Bosch appliances. Exposed brick throughout from the finished radiant heated basement to the top floor three-bedroom unit with 11’ ceilings.

Asking price: $2,179,000. CC: N/A. Days on the market: nine weeks. Listing agents: Daniel Kandinov (pictured) and Natalia Kaminskay, Corcoran. Buyer’s agent: Joseph Aliotta, Awaye Real Estate.

Turtle Bay
223 East 50th Street, 1C

Renovated one-bedroom, 1-bath features an open kitchen with stainless steel appliances open to the living room. Bedroom includes storage space. Pre-war details of the home include hardwood flooring throughout and exposed brick. The building offers a laundry room.

Monthly assessment: $444 until August. Asking price: $500,000. CC: $822. Days on market: 116. Agents: Kemdi Anosike, Warburg Realty (pictured) and Janna Raskopf, Douglas Elliman.

Carnegie Hill
55 East 87th Street, 10C

Renovated south-facing two-bedroom, 1-bath home has a private terrace. Located one block from Central Park between Madison and Park Avenue, this redesigned apartment features an open-concept living area with exit to the terrace. Central air conditioning throughout. The windowed kitchen is stacked with stainless steel appliances, including a gas range, dishwasher and water-line-connected refrigerator. A dining bar opens the kitchen to the dining area.

Asking price: $1,400,000. CC: $2,657. Days on market: 140. Agents: Gill Chowdhury (pictured) and Nicolas Paredes, Warburg Realty and Susan Stern, Compass.

Sutton Place
444 East 57th Street-15B

Renovated prewar one-bedroom and home office (or second bedroom), 2-bath condo offers modern appliances and fixtures. Foyer opens into an airy formal living room featuring a wood burning fireplace, custom bookcases and windows overlooking 57th street.

Asking price: $2,000,000. CC: $1,803. Days on market: 166. Agents: Allison Chiaramonte (pictured) and Tania Friedland, Warburg Realty and Marie Schmon, Corcoran.

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