What $4 Million Bought This Week in NYC

Posted On Fri, March 6, 2015 By

Posted On Fri, March 6, 2015 By In Compare and Contrast, Features, Recent Sales

We’ve all come across real estate listings or recent sales that have us thinking either “Oh! I could live there!” or “What were they thinking?” Well we’re going to make it a little easier for you to cast your judgements on the decisions of the rich—and sometimes famous—by rounding up some of the week’s most interesting sales for you to compare and contrast. From a Greenwich Village pad purchased by a prolific ’90s sitcom director to a classic Upper East Side co-op with crown moulding, this week we’ll take a look at what $4 million bought in Manhattan.

880 5th avenue apartment 3b Images courtesy of Brown Harris Stevens

This Lenox Hill co-op is about as classic as they get. Located in a full service, Emery Roth-designed building at 880 Fifth Avenue, the renovated three-bedroom apartment enjoys the same park views as the The Frick Museum and an elegant lobby that just screams (in your head, of course; this is the Upper East Side after all) “You’ve arrived!” A large gallery and a park-facing living room and library also add to the offer, which incidentally was $3.95 million, a bit down from the $4.2 million the owner originally asked.

1 Fifth Avenue, James E. BurrowsPhotos courtesy of Ann Weintraub, Ltd.

You may not recognize his name, but you most certainly have seen his television shows. This week, James Burrows, the go-to director of every ’90s sitcom you loved, from “Friends” to “Frasier” to “Cheers” and “3rd Rock from the Sun,” closed on a $4.2 million Greenwich Village apartment at the coveted 1 Fifth Avenue. Burrows is moving into the cozy one-bedroom with his wife, Debbie Easton, who also happens to be a noted sitcom luminary but of hairstyling fame. While the interiors of the home are fairly simple, the unit does boast three exposures with views looking over Washington Square Park, all of lower Manhattan, the Hudson River, the Chrysler Building, and the East River bridges. Not bad.

50 East 89th Street 12AGImages courtesy of Douglas Elliman

“No expense has been spared, no detail overlooked” were just a few of the words used to describe this three-bedroom apartment in the prestigious Park Regis when it hit the market last year. Located in the heart of Carnegie Hill at 50 East 89th Street, this turn-key, triple mint abode is a sun-drenched and spacious boasting a 30-foot living room with sweeping city views, a custom 22-foot kitchen, and an ample 21-foot south-facing master suite. For what it offers, its $3.995 sales price seems almost too little, but we’ll let you be the judge of that.


casa 74 living roomImages courtesy of Casa 74

Yet another Upper East Side home made our list this week, this one in Casa 74, a fairly new (2009) building designed by H3 Architects and SLCE Architects. Located at 255 East 74th Street, the home features a fully-equipped kitchen with Varenna Italian cabinetry, Franke fixtures, integrated Miele and Sub-Zero appliances and en suite master baths with radiant heated floors. The apartment is a little run-of-the-mill-modern, but the wonderful views it affords from its 24th-floor perch—and shared lush rooftop garden—are quintessentially New York. Price paid: $3.76 million.

Data gathered from ACRIS 3/1-3/6



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