Big Deals

Upper East Side
530 East 76th Street
(The Promenade)

1-bed, 1-bath, 730-square-foot condo. Ask: $459,000. Sell: $435,000. Charges and taxes: $971. Three months on market.

It was a deal that almost vanished. MLBKaye International’s Warren Pearl had scheduled a closing before lunch on September 11. But “there was no way for us to meet,” says Pearl. “The buyers’ lawyers weren’t in their downtown offices, and they were stuck in Jersey.” The following week, when stocks took a dive, the buyers started to talk about bolting from the deal and forfeiting their $43,500 deposit. “They were terrified of buying in New York, terrified of prices going through the floor. They figured it would be cheaper to lose the deposit,” says Pearl. It took the market’s 300-point rebound to convince them to stay.

19 Bond Street
2-bed, 1-bath, 1,400-square-foot condo. Ask: $990,000. Sell: $925,000. Charges and taxes: $573. Three months on market.

This apartment has all the makings of a downtown gem: exposed brick, working fireplace, twelve-foot ceilings. The seller, who moved to Florida, left the place in near-perfect condition, apart from an aged kitchen. Sliding glass doors lead to a Juliet balcony, but, says Halstead’s John Barnett, who sold it, “you could risk your life – it’s not really a standing balcony.” So the neighbors won’t be awakened by a late-night Yo, Romeo! Meet me on the corner of Lafayette.

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Big Deals