FINANCIAL DISTRICT
377 Rector Place

One-bedroom condo
Asking price: $750,000
Selling price: $750,000
Time on market: 7 weeks

EAST-WEST EXCHANGE A one-bedroom condo at 377 Rector Place on the western edge of the financial district has sold for $750,000. The buyers were a couple from California, both in their 40s and both involved in sports production for television.They’re often in New York, according to Fran Kaback of Bellmarc, who represented the buyer, and bought the property with the intention of keeping it as a pied-a-terre – but not once they realized what they could make by renting it out.

The property, which is on the 10th floor and has direct water views and an open balcony, had been earning a very attractive return at the time of sale. While they do plan to one day live in the apartment, their needs aren’t urgent, and the West Coast couple simply decided to renew the lease. Florean Mader of Halstead represented the seller.

CHELSEA
148 W. 23rd St.

One-bedroom co-op
Asking price: $525,000
Selling price: $507,000
Time on market: One day

A GOOD MATCH A one-bedroom, 600-square-foot co-op at 148 W. 23rd St. sold last week for $507,000. It was on the market for just one day.The purchaser, an attorney buying his first apartment, lodged his offer even before the first open house.

The sellers had agreed to work with the man, who had been in the market for more than five months, and honored their commitment despite receiving three offers following the first inspection. Yury Holohan of JC DeNiro & Associates, who represented the seller, said that the buyer loved the interior photos and absolutely fell in love with the property when he finally saw it.

She said it was a good price considering that the apartment has no views and faces onto a brick wall. The buyer didn’t care,and had no trouble impressing the board – he was given a raise right before the he met the members. “It was a match made in heaven,” said Holohan.

EAST VILLAGE
172 E. 4th St.

One-bedroom co-op
Asking price: $695,000
Selling price: $675,000
Time on market: 4 weeks

‘VERY IMPRESSIVE’ A one-bedroom co-op at 172 E. 4th St. sold recently for $675,000. The buyers were a Manhattan couple – he’s a freelance writer from the Upper West Side and she’s a copywriter from the West Village – who had decided to move in together. The 850-square-foot apartment is on the ninth floor of Ageloff Towers, a 12-story Art Deco building on the corner of Avenue A. That’s high by East Village standards, and the apartment enjoys a great, open city view facing north toward the Empire State Building, said Rochelle Bass of Bellmarc, who represented the buyer.

Co-op boards are difficult at the best of times, and non-salaried jobs such as freelance writing always pose a potential difficulty when it comes to gaining approval. Apart from the freelance work, the writer has a “very impressive” book deal in place, according to Ms. Bass, but the board members were still hesitant. “They just didn’t understand what it is that he does,” she said. “It took a bit of explaining.”