Category — East 79th Street
Bunny Price just sold her Classic 6 co-op apartment at 1040 Madison Avenue (a/k/a 31 East 79th Street) for the original asking price of $3.95 million.
Price is the ex-wife of billionaire Michael F. Price, a billionaire ranked 277th on this year’s Forbes 400 list.
Even in the current housing market, Price turned a nice profit on the sale, getting nearly $750,000 more than the $3.25 million she paid current Lieutenant Governor Richard Ravitch for it in 2006.Neighbor Anna Bulgari, a jewelry designer and member of the Bulgari family jewelry and luxury goods dynasty, bought Bunny’s apartment.
Monthly maintenance on this Classic 6 in the heart of the Upper East Side is $5,253. The doorman building is pet-friendly. Of course, for this kind of money, the apartment comes with a washer and dryer.
Like other apartments in this grand pre-war building, the living room comes with a non-environmentally friendly wood-burning fireplace.
Just days earlier, Bulgari sold her own cooperative in the building for $3.49 million. The buyer was socialite Liliane Peck.
Veteran Brown Harris Stevens broker Phebe Bowditch had the exclusive on Bunny’s cooperative.
There have been a flurry of end-of-the year deals at this corner co-op:
- Kim Fennebresque paid $2.9 million for a 7-room co-op that he bought from the estate of late Edythe Acquavella, mother of William Acquavella, owner of the Acquavella Galleries across the street;
- Anna Bulgari sold her 4th floor apartment to Liliane Peck on Dec. 23rd;
- Followed by Bunny price selling her apartment to Bulgari.
31 East 79th residents can always stop by neighbor Mayor Michael Bloomberg’s townhouse for a cup of sugar.
January 8, 2010 2 Comments
A co-op apartment on the seventh floor of 180 East 79th Street on Manhattan’s Upper East Side just sold for $2.35 million, having been on the market since February of this year.
David R. Adler bought the Classic 6 cooperative in this pre-war building, paying $450,000 less than the original $2.8 million list price. Although the price was reduced in May to $2.6 million, the deal did not go into contract until late October.
The pre-war doorman building between Lexington and Third Avenues has its own gym for shareholders, a bike room, and storage bins for rent.
Monthly maintenance on the cooperative was listed at $3,165.
For this kind of money, however, you don’t get a washer and dryer in the apartment, only the use of the building’s common laundry room.
December 28, 2009 No Comments
Financial wiz Kim Fennebresque just paid $2.9 million for a 7-room co-op apartment at 31 East 79th Street located at the corner of Madison Avenue.
Fennebresque negotiated a good deal: the closing price was $850,000 off of the original $3,750,000 listing when it went on the market Thanksgiving week in 2008.
The large 2 bedroom co-op has a rare, and coveted feature sought after buy apartment buyers: a fireplace. The catch it’s not environmentally friendly.
The sun-filled apartment has eastern, southern, and western views overlooking the Iraqi Mission to the United Nations.
December 23, 2009 1 Comment