This week, a modern four-bedroom townhouse at 473 11th Street hit the market for a strong price of $4,000,000. The three-floor home offers three and a half bathrooms, private outdoor space, a finished basement, wood-burning fireplace, all new appliances and an uber-modern open floor plan layout. The place wasn’t always like this though. It sold less than two years ago for just $1.4M, making the current listing price of $4M a 185 percent price jump. Boom.
According to the listing broker, Myrta Echevarria, two female architects from the Manhattan-based firm Redtop, purchased the property in 2013 and began major renovations in the summer of 2014.
What exactly changed from then and now? A whole lot. Just about the only thing that remains vaguely intact is the facade – but even that got a major makeover (see below). They increased the square footage by nearly 130 percent, going from 1,300 square feet to 3,000 square feet by adding nearly 20 feet of depth to the rear of the building as well as adding an entirely new third floor.
Just about every nook and corner of the place received full gut-reno treatment and the result is a wholly new looking property. The renovation was exhaustive to say the least, but will it get the $4M asking price? Do some investigative research and visit the open house today and on Sunday to find out for yourself.
The Living Room
The Dining Room
The Master Bedroom