It’s not often a flip yields a $4,655,000 profit in just four years, but that’s exactly what happened at the 10th-floor loft at 17 West 17th Street. The full-floor Flatiron apartment sold in 2010 for $3,095,000, but was a massive, raw studio at the time with only one bathroom and no formal kitchen. It’s now a true four-bedroom space with three additional bathrooms and a clear definition of rooms. The intensive renovation paid off, netting previous owner Peter Vogelsang, a lawyer with the Alberleen Group, an impressive $7.6 million, according to recent city records.
17 West 17th Street
If you’re looking for a bachelor pad to end all bachelor pads, we’ve got exactly what you need. This 4,600-square foot, 3BR/3.5BA loft, designed by award winning architects at Contegiacomo and Associates, understands the importance of meeting the needs of the single guy without filling potential mates with an overwhelming desire to overhaul his entire apartment with a woman’s touch. That’s right, 17 West 17th Street #3FL is more than just any apartment; it’s the best wingman in town.