High Gross sales Present How Pandemic Continues to Affect the Market

0
341
Top Sales Show How Pandemic Continues to Influence the Market

Several other Manhattan townhouse sales closed in December, many with vacation-style discounts.

The most expensive were in Greenwich Village. A stately home on 14 East 11th Street closed for $ 28 million and was the most expensive transaction of the month in New York City. and a house at 111 Waverly Place cost nearly $ 18.4 million.

In TriBeCa, Michael P. Davies, who runs Sony Pictures production company Embassy Row, and his wife, Claude Davies, an actor and producer, sold their townhouse unit at 7 Hubert Street, a.k.a. of the Hubert condominiums, for $ 11.4 million.

Over the past year, townhouses have been a ray of hope in an otherwise dismal housing market, reflecting luxury shoppers' desire for more personal space, especially during the coronavirus pandemic. "You can control your own environment," said Hall F. Willkie, president of Brown Harris Stevens. "There are no common lobbies and you get space outside."

The demand for more spacious homes in general has increased, and the outdoor space is seen as a big plus. Downtown, a sponsor duplex at 90 Morton Street, sold for $ 24.8 million. a full-story penthouse in Hubert for $ 20 million; an apartment at 24 Leonard Street for $ 18 million; and a half-floor sponsorship unit at 157 West 57th Street for $ 18.4 million. Actress Christine Baranski bought a co-op maisonette on the Upper East Side. And on the Upper West Side, the property of Robby Browne, one of the top real estate agents who died in April, found a buyer for his apartment with terrace.

The top sale of the month is an Italian-style brick house on 11th Street between Fifth Avenue and University Place. It was built in the 1850s and recently renovated from top to bottom and sold for $ 28 million. The most recent price was $ 28.5 million.

The five-story high and 21-foot-wide building has 7,411 square feet with five bedrooms, six bathrooms, and two powder rooms, plus a finished basement with a game room, exercise room, and laundry room. The master bedroom is on the fourth floor.

The home's many flourishes include four fireplaces, paneled walls, high ceilings, and an elevator. There's also approximately 1,400 square feet of outdoor space, which includes a carefully landscaped rear garden and terraces on the roof and fifth floor.

Both the buyer and the seller were anonymous. The new owner used the limited partnership Ben Here, while the seller's identity was protected by the limited liability company Village Townhouse.

The house at 111 Waverly Place is a 25-foot-wide Greek revival built near MacDougal Street in the late 1830s. Once an apartment building, it has also been extensively renovated and upgraded and sold for $ 18.4 million.

The five-story brick building has an area of ​​around 8,500 square meters and includes a finished cellar with a wine cellar and a lounge. There are six bedrooms, six bathrooms, and two powder rooms – along with a movie theater, two laundry rooms, an exercise room, and nine fireplaces, and of course an elevator to reach them all. There is also a landscaped rear garden.

The master bedroom suite is on the third level and has a large bathroom, two walk-in closets, an office and a study.

The final price for the house was $ 19.5 million. In the ownership records, the sellers are listed as Kenneth B. Picache and Tamara L. Totah. They bought the house in 2005 for $ 5.6 million. The buyer was Oscar & # 39; s Nest LLC.

At 90 Morton Street In the West Village, Penthouse 11B occupies 4,685 square feet on the 11th and 12th floors and is being sold for $ 24.8 million. It has five bedrooms, four and a half baths, and a large room with a fireplace. The home also has two large decks – one on each level – totaling 1,105 square feet that offer breathtaking views of the Hudson River, the Statue of Liberty, and the downtown skyline.

The new owner, listed as Yorkshire Pudding LLC, also received a discount. The device was on the market for $ 31 million.

Updated

Jan. 1, 2021, 7:43 p.m. ET

The boutique residential complex, a former print shop near West Street, was converted into 35 luxury residences in 2018.

At 7 Hubert StreetPenthouse B sold for $ 20 million, just under the price of $ 21 million. The loft-like apartment extends over 4,200 square feet and features floor-to-ceiling windows that offer breathtaking views of the Hudson River and the cityscape. There are three bedrooms, three and a half baths, a living room with a wood-burning fireplace, a spacious dining area, and a media room. The primary bedroom suite has an office and two large dressing rooms.

The seller used limited liability company JLM Hubert St. in the transaction while the buyer was listed as 7 Hubert, PHB LLC.

The townhouse 3C at 7 Hubert, sold by Michael and Claude Davies, has five bedrooms, five and a half baths, and 6,443 square feet of interior space for $ 11.4 million. The three story unit also has an attached garage for one car and a private roof terrace. It had been on the market for nearly $ 15 million.

Mr. Davies, President of Embassy Row, has produced numerous television game shows including "Who Wants to Be a Millionaire", "Wife Swap" and ESPN's "2 Minute Drill". The buyers were listed as Jean and Daniel Yun.

The 33-unit condominium at 7 Hubert Street is on a cobblestone street off Hudson between Collister Street and Hudson Street.

A couple of blocks away At 24 Leonard Street, a new boutique apartment on a cobblestone street in TriBeCa, a five-bedroom, five-and-a-half bathroom apartment sold to an anonymous buyer for $ 18 million.

The spacious unit on the second floor has an interior area of ​​4,859 square meters and a terrace area of ​​around 400 square meters. It has a lush garden, a jacuzzi and a fully equipped outdoor kitchen. Each of the bedrooms has its own bathroom and the primary suite with dressing area and walk-in closet opens onto the garden. An automated parking lot is also part of the device.

The buyer was listed as Leonard Two, LLC.

At 157 West 57th Street, a.k.a One57, a 90-story tower on Billionaires & # 39; Row in Midtown, a sponsored apartment that spans half of the 59th floor and sold for $ 18.4 million.

The 4,193-square-foot residence has three bedrooms, three and a half baths, and a large room with 11-foot ceilings. The floor-to-ceiling windows offer excellent views of Central Park and Midtown.

The house had been on the market for $ 27.1 million. The identity of the buyer has been protected by the limited liability company Villa Borghese.

Mrs. Baranski bought a duplex at 125 East 74th Street on Park Avenue for $ 2.2 million, which was just under $ 2.5 million. The apartment – virtually staged and, according to the photos in the listing, a little T.L.C. required – has four bedrooms, three baths, and a formal dining room. It also has a separate office / staff quarters off the lobby of the building.

Ms. Baranski, currently on the TV drama series "The Good Fight", won the Tony Award for her appearances on "Rumors" and "The Real Thing".

The apartment was sold in 1989 by the Cristina Monet Zilkha Trust.

Mr. Browne's estate sold his apartment at 25 Central Park West for just under $ 5 million. The house was listed for $ 5.85 million in August, four months after his death from Covid-19, and was signed in September. The buyer was listed as Xeamo Inc.

The two bedroom, two bathroom residence is on the 21st floor of the pre-war building, a.k.a. Century Condominium. It is 1,216 square feet and has an 800 square foot landscaped deck that Mr. Browne was proud of and that has been the centerpiece of his many parties and charities. Most of the rooms in the property open onto the terrace with shower and flower gardens.

Mr. Browne, who worked for the Corcoran Group, brokered numerous deals in Manhattan during his long career as a real estate agent and represented many high-profile clients such as rocker Jon Bon Jovi and actors Uma Thurman and Alec Baldwin.

Sign up here for weekly email updates on residential property news. Follow us on Twitter: @nytrealestate.

LEAVE A REPLY

Please enter your comment!
Please enter your name here