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.

The New York Sun

PARK SLOPE

310 Garfield Pl.
One-bedroom, one-bath cooperative
Asking price: $389,000
Selling price: $382,500
Monthly cost: $385
Time on the market: two weeks

PERFECT FOR PARTIES This 400-square-foot co-op boasts pre-war details, an open kitchen, great lighting, plenty of closet space, and hardwood floors. But that wasn’t the apartment’s most tempting feature – it has a 400-square-foot deck, the same size as the interior space. The buyer, an assistant editor at Conde Nast Traveller who’s single, is planning on giving the deck a quick coat of paint and throwing some big parties, his broker, Jim Cornell of the Corcoran Group, said. In fact, Mr. Cornell said, the only thing the apartment needs is some paint, and perhaps a few new kitchen appliances. It’s in a 100-year-old, five story building with 10 units, and it’s only steps from Prospect Park and Park Slope’s Eighth Avenue, as well as the Grand Army Plaza subway stop. The seller, a single musician with the New York Philharmonic, is relocating to Portland, Me., to take up a position with the Portland Symphony Orchestra, said Mr. Cornell. She was represented by a broker with Manhattan Apartments, Gene Keyser, who joined the Corcoran Group as soon as the deal closed.

UPPER EAST SIDE

591 Park Ave.
Five-story townhouse
Asking price: $7 million
Selling price: $7.08 million
Time on the market: three months

CORPORATE TO CONDOS This 20-foot-wide townhouse was on and off the market for years before it was finally bought by a Manhattan-based investor, Nissan Perla. On the east side of Park Avenue between 63rd and 64th streets, the vacant 8,900-square-foot building was used as a “corporate crash pad,” said Cory Rosenthal, an associate to Paul Massey, a founding partner at Massey Knakal, who represented the seller with partner James Nelson. “The layout was unique in that … each floor was laid out like a hotel suite, with large bedrooms on the front and back of the building and a common area in between,” Mr. Rosenthal said. The first and second floors have offices and conference rooms, and the third through fifth floors have six bedrooms, with a caretaker’s one-bedroom apartment at the back of the first floor.

Mr. Perla, the buyer, plans on converting the 1877-78 townhouse into condominiums, Mr. Rosenthal said, estimating that the building – which has an elevator and a garden – could accommodate five large units, as well as a medical space in the fully furnished basement. The associate said the brick-fronted building was on and off the market for so long because the owners had held it as a corporation, which, due to its divided ownership, “a lot of [buyers] don’t want to get involved in.”

But with its fantastic views of the MetLife Building from the finished roof deck and its high-profile location, Mr. Rosenthal said Mr. Perla “can definitely make back his money.”

C.B. Whyte of Stribling & Associates represented Mr. Perla in the sale. The seller was Elk, Bankier, Christu & Bakst LLC, a Florida-based law firm.


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