There were 181 transactions totaling $403 million recorded in New York City over the 24 hours before 4:00 p.m. on Friday, Sept. 12.
🏆 Residential: The priciest residential deal recorded in New York was fashion designer Jill Stuart’s sale of a full-floor penthouse at the Urban Glass House at 330 Spring Street in Hudson Square. Nikolaos Panagiotopoulos and Aikaterini Bouzali paid just under $15 million for the condo, which went on the market in July 2023 for $24.5 million. Stuart had purchased the unit in 2007 for $11.2 million. The five-bedroom pad has two terraces, views of the Hudson River and a private elevator landing. Compass’ Nick Gavin, Allie Fraza and Ugo Russino had the listing with Modlin Group’s Adam Modlin.
🏆 Commercial: The top commercial transaction recorded was in Little Italy, where a company linked to Ivy Chan parted with a mixed-use property at 208 Centre Street for $7.3 million. The buyer was an LLC tied to Kim Wan Cheung. The seller had owned the five-story, 12,000-square-foot building for decades. It has ground-floor retail and six apartments.
📊 Residential: Yunbo Li scooped up a Lenox Hill townhouse that was once home to Eleanor Roosevelt for $11 million. The seller of 211 East 62nd Street was an LLC tied to investor Chungchi Charles Ueng, who had bought the home in 2011 for $9.5 million and reportedly spent millions renovating it. The four-bedroom, five-bathroom home dates to 1873 and has been on and off the market for nearly a decade. The original asking price was $16 million. Serhant’s Chase Landow represented the seller.
📊 Residential: Helen Henry sold a condo at 17 East 12th Street in Greenwich Village for $9.2 million to a trust tied to Mark Lessing, CFO of software investment firm Insight Partners. Henry had owned the unit since 2016, when she paid $8.3 million for it. The 4,500-square-foot pad has up to four bedrooms, five bathrooms and about 1,300 square feet of outdoor space via two terraces. The condo went on the market for just under $10 million last October. Compass’ Kyle Blackmon and Christine Collins had the listing.
📊 Residential: Richard Garriott, a video game developer who created the Ultima series and also has been to space, scooped up a townhouse at 308 East 81st Street in Yorkville for $5.2 million. The seller was an LLC tied to lawyer and real estate investor Michael Mallod, who reportedly had, at one point, used the four-story home as a “de facto hotel” with 22 beds, according to the New York Post. Molhod previously faced $55,600 in fines, but the issue was resolved, per DOB record. The property, which last traded a decade ago for $5.3 million, has just four legal bedrooms. The home has been on and off the market since at least 2018, when its asking price was $7.5 million. Douglas Elliman’s Kim Shephard had the listing.
📊 Commercial: At the Brill Building at 1619 Broadway north of Times Square, Mack Real Estate Group sold a fifth-floor commercial condo at the property for $6.8 million to a company managed by Nikunj Parekh. The unit spans about 12,400 square feet. The transaction works out to about $550 per square foot.
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