An investment company sold a restored house of the early twentieth century on one of the main tree-lined streets of Greenwich Village for $ 23,282,932.60, more than double what it had paid for the property just two years ago, a transaction that was the most expensive closed sale of the week, according to records of the city.
The Greek Renaissance brick building almost 23 feet wide at 146 Waverly Place, built in 1905 and with a classic building front, was an empty eight-unit apartment building when Robert Kaliner of Ascend Builders and his business partner, Jeffrey Davidson of West Orange, NJ, purchased it for $ 10.2 million in December 2013. He was returned to a single residence, investing around $ 6.5 million more for 21 months in a top-to-bottom renovation that included numerous updates and an addition at the underground level, Mr. Kaliner said.
"It was demonstrated and built from the beginning: the only thing that remained were the front and side walls," he said, adding, "It was not architecturally beautiful, it was a rather unpleasant rental building."
Mr. Kaliner said that he and his partner initially tried to resell the five-story property as "a customizable home" (with a list price of $ 22 million, according to StreetEasy.com), but after a few months, the strategy did not change. . "People do not want to get involved in the whole construction nightmare process, so we take it out of the market," he explained.
Instead, the association created its own interior design for the 7,600-square-foot house, transforming it with the help of architect Wayne Turett and Mr. Kaliner's building contracting business in a modern, bright house with high ceilings, high-end finishes, floor-to-ceiling windows and new mechanics. systems throughout. There is also ample outdoor space, totaling about 2,000 square feet, including terraces on the third and fourth floors; a roof deck with an outdoor kitchen; and a meticulously landscaped rear garden, also with a kitchen.
"Our vision was to build something that was classic with a contemporary touch," said Kaliner. "It's hard when you're building a house on a base to choose something that everyone loves, we made sure that this house was built as it should be built."
There are seven bedrooms, six full bathrooms and two toilets, along with a dining room and a formal kitchen on the garden level, and two large living rooms, one with a marble fireplace, on the living room floor. An elegant entrance hall was created with a glass wall divider. All floors are connected by a sculptural staircase and lift.
The master suite, on the third floor, has a fireplace lined with limestone, large closets and a huge marble bathroom. There is also a small terrace as well as a study and a dressing room. The fourth level has a large family room or one bedroom suite with a terrace overlooking the garden and two additional bedrooms, one of which has a bathroom en suite; The fifth level includes another suite with a large bedroom and two smaller rooms, as well as a laundry room.
Skylights were added to the basement, which has exercise and recreation rooms, a bar and a full bathroom.
Leonard Steinberg of Compass, who listed the property along with his colleagues Hervé Senequier, Calli Sarkesh and Amy Mendizabal, said there were several offers for the house, which has annual taxes of $ 63,209.
The successful bidder, whose identity was hidden under the Waverly 146 limited liability company, was from the New York area, according to Mr. Kaliner. Sarah Fearon of the Corcoran Group represented the buyer.
Big Ticket includes closed sales from the previous week, ending on Wednesday.