Done Deals
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
HUDSON HEIGHTS
116 Pinehurst Avenue
One-bedroom, one-bath cooperative
Asking price: $425,000
Selling price: $410,000
Time on the market: two weeks
BEGINNERS LUCK These first-time buyers snagged a 900-square-foot apartment on the top floor that boasts views of the Hudson River to the west and to the east views of the city. The building, a 1928 Tudor-style pre-war, is one of the oldest continuously operated cooperatives in the city and is surrounded by private gardens. It also has guest quarters and common rooms for community events, concerts, and art shows. The seller is an elderly widow who had lived in the unit for 35 years and is moving to a retirement community. The buyers, a young couple with a baby, had been renting on the Upper East Side. They plan to renovate the unit and transform the dining room into a bedroom for their son. Caroline Brown of Century 21 William B. May was the exclusive broker.
CHELSEA
136 West 16th Street
Two-bedroom, two-bath cooperative
Asking price: $1.5 million
Selling price: $1.5 million
Time on the market: three weeks
IT WAS SERENDIPITY The buyers of this apartment had moved from upstate New York and had planned on renting until they figured out a plan for buying. They stumbled into an open house for an apartment sale and fell so much in love with this unit, which resembles the parlor floor of a townhouse, that they scrapped their rental plans. The buyers are a couple with one child. They work in the restaurant business.
The sellers, who moved to Connecticut after having a baby, bought two adjacent apartments in the building two years ago from the building’s sponsor for $700,000. After investing thousands of dollars to combine and renovate the units, they decided it was time to leave New York.
Tamir Shemesh of Douglas Elliman had the exclusive listing.