118 west 79 3c
Started by uptown3
almost 15 years ago
Posts: 8
Member since: May 2011
Discussion about
Did anyone see this apt last weekend? How much do you think it would cost to put these together? Also, what would be a comp for this as it seems high for the 3rd floor and with renovations needed but I have looked more on westend and riverside and didn't know how to consider a premium for this location.
Haven't seen it, and won't bother unless the price comes down from the aspirational stratosphere.
I think the broker, who owns the #3C half of the proposed combination, is understating the time and expense required to merge the apartments well. Even if they were already seamlessly combined, the price might be on the high side.
Funny bit of brokerese from the listing:
"This 7 room apartment has been seamlessly divided into 2 apartments..."
No seams, perhaps, but the floorplan does show several walls.
Thanks for your thoughts, that was my thinking. What do you think of the two classic 6 also available in the building? They look to be good sized for a 6 and somewhat flexible to create 3 bedrooms, but they also seem to be on the high side compared to previous sales and the renovation costs that would be needed.
I've never seen the "C" line in this building. The last one (7C) sold w/o going on the "open" market 6+ years ago. It was a sponsor-held apt (they held a surprisingly large #, judging from sales in the last 8 years).
The C line (obviously not so much 3C) benefit from open southern views across 3+ rows of brownstones and low buildings. The all-rooms-in-a-line layout is unusual for a C7 on the UWS (maybe everywhere) and it's also uncommon for the best/largest apt to be in the rear of an H-shaped building as opposed to the front.
Having said all that, the professional on this site (Primer05) and KW would give you a quote of to do the reno:
1) 30k+ in architectural & expediter fees
2) 30k+ for master bedroom bath (created from one kitchen)
3) 50k for demolition and smoothing over the "seams"
So that's 110k+ without accounting for any personal decoration or having seen what other issues exist.
I like 118, I hardly think that the classic 6es are exceptionally large for the UWS BUT there are very few classic 6es of any size in this stretch of Columbus & say 72-low 80s due to the nature of the bldgs (mostly THs, small apt buildings with 1brs, 2brs).
Good feedback from 10023. I would just add that the "A" and "B" lines at 118 are ideal for conversion to 3BR, because of the the length and position of the dining room.
West81st, someone must agree with your assessment on the A line floorplan because 6A just went into contract. The last ask of $2.2m is on the high side for a C6 in the area, but the 3BR option might have something to do with that.
Best deal in 118W79 went for 1.6ish in '08 (might have been '06). Prior to that, sponsor 6es lowish floors went for over 2m. The high-water mark was reached a year and a half ago when a high floor A&B (not combined) went to family-$ purchasers.
The deal-breaker for me was the flight of stairs to get to the manned elevator.
WOW. 3.3???? I've been in the building (hardly luxury), but don't remember which line. The apartments did seem very spacious and this one had a partial view of the AMNH, but come on! 3rd floor too? Didn't i just see a 7 room penthouse on RSD for 3.5?
ok, i was in the A line. uptown3- The foyer and DR are very generous (and flexible). Also, I remember it being VERY bright. IMO, it was a lovely space. I haven't compared the price to other 6's, but location is hard to beat.