Category — Penthouse Co-op
A New York City artist sold his duplex penthouse loft at 9 White Street in Tribeca, but only after a whopping 40% reduction from his original $5.95M list price when he first put the co-op on the market in April 2006.
Sculptor Bryant Hunt just sold his penthouse duplex loft at 9 White Street in Tribeca for $3,615,000.
That’s a nice chunk of change in today’s market, but it was not even close to the nearly $6M champagne and caviar price he tried to get nearly four (4) years earlier.
Here’s another way to look at the deal: for every month that Hunt’s duplex co-op loft remained on the market, the price effectively dropped another $48,645 until he sold it.
Located in the heart of Tribeca, the 3,500 sq. ft. 3 bedroom, 2 bath co-op offers an enormous sun-filled space on two floors.
The master bedroom is up the steps on the top floor, surrounded by the roofdeck with a view looking North of the AT&T Long Distance Building built in 1932.
According to public records, neighbors in the co-op include:
- Psychiatrist William D. Sobel
- General practice physician and artist Thomas Kovachevich.
- Sweden Unlimited, an interactive design firm whose clients span the fashion, art, entertainment, and hospitality industries.
Photo credits: Brown Harris Stevens
March 5, 2010 No Comments
Lara Gorton sold her incredible penthouse duplex co-op apartment at 310 Riverside Drive for $1.905 million, according to New York City records.
Given that she sold her co-op for $110,000 over the $1.795 million original list price, it appears that Gorton may have benefited from bidding wars for an apartment that commands stunning views of the Hudson River, Riverside Park, and the Upper West Side.
The buyers are Bernd Schmitt, a professor at Columbia University’s Business School, and Hisako Fujii. Schmitt directs the Business School’s Center on Global Brand Leadership. He focuses on customer experience management. and heads a consulting firm.
The duplex co-op penthouse has incredible views all around the apartment. You can have coffee in the kitchen over the Hudson at breakfast, and drinks on the upstairs terrace in the evening.
The co-op went into contract quickly last fall. According to SteetEasy, it was first listed on Sept. 24, 2009, and had an accepted offer less than a month later on Oct. 19, 2009.
The apartment comes with a washer and dryer on the upper level, a real plus considering the premium that the buyers paid for this cooperative.
The main floor with the apartment’s entrance has the kitchen and one bedroom. The kitchen is a cook’s dream, chock full of gorgeous, high-end appliances:
- A Subzero fridge with a glass front
- Wolf double wall ovens
- A sleek glass top range with five burners
- Those cute Fisher Paykel dishwashers that are actually drawers
- A disposal!
- A wine refrigerator
The semi-circle upstairs level has the master bedroom, storage area, and huge living room facing the Hudson.
There is also a custom sound system wired, and the apartment is wired for HDTV
While the pre-war co-op is pet friendly, there is one potential drawbacks with this apartment. Having a penthouse with a rooftop terrace increases the risk for roof leaks into your apartment. Just ask co-op shareholders who have ever owned a penthouse apartment. You are likely to find a few stories about roof leaks they may have been unlucky to face.
Photo credits: Halstead
February 3, 2010 No Comments
An environmentally friendly green co-op apartment at 170 Norfolk Street on the border of the East Village and the Lower East Side / Loisada just sold for $565,000, a slight drop from the apartment’s original $599,000 list price.
The apartment has approximately 500 sq. ft., and — here’s the pièce de résistance — the rights to an incredible private vegetable garden. The listing said that the apartment also comes with “plans for solar panels to generate 100% of apartment’s energy.”
Other green features include:
- Low-E triple pane argon filled windows
- A water filter
- Wind energy powered electricity
- Biofuel for heat and hot water; and
- Energy efficient light bulbs
This sale represents a new record for the highest price ever paid for a co-op at 170 Norfolk. Before this sale, the highest price ever paid for a co-op in the building was $530,000, the price paid by the current seller for the same apartment in June 2005.
The buyers are Dr. Noga Shalev and Sarah Oppenheimer.
Corcoran broker Alex Nicholas had the exclusive.
December 30, 2009 No Comments