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Off market transactions are an integral part of our business. With record low inventory, the importance they play is tremendous. To succeed in this area of the industry, it’s all about cultivating relationships with eager (yet reluctant) homeowners and well connected brokers. This month, I had the privilege of putting another exciting off market deal in contract in Roslyn Estates (pictured here). Asking $2,500,000. Incredible home, that gives real meaning to “one of its kind”. More to come!
In April 2019, an expanded back to front split-level home located at 1105 Duston Road, N. Woodmere (picture 1) was entrusted to us to sell. 1105 Duston was unique in that the original owner from 1953 had decided to purchase the vacant 50x100 lot located immediately next door (picture 2). For over 50 years, that vacant lot was used solely as an additional backyard and pool area for the original owner of 1105 Duston Road and his family. In June 2019, we sold 1105 Duston Road AND the vacant lot to our clients @schaffer_properties and @capital_home_builders. Immediately, thereafter a fence was erected between the 2 properties (picture 3) as we tried to sell the existing home at 1105 Duston. 60 days later the neighboring lot was cleared and fenced (picture 4). From June 2019 through April 2020, 1105 Duston Road entered contract and fell out of contract TWICE only to eventually sell to a buyer at the start of the pandemic, this same buyer visited the home months prior and was still interested! Fast forward to June 2020, the once vacant lot became home to a gorgeous state of the art new construction with a new address “1099 Duston Road”. All summer long I sold 1099 Duston Road in my mask and gloves and it got a little hot with all that PPE at times (picture 6). Last Friday, 1099 Duston Road officially closed for $1,035,000 and it was sold to an awesome family of 5 from Queens. This BIG picture deal was a hell of a good thing to be a part of. Can’t wait for the next one ✊🏻
Outdoor space is a must. Both of these October sales at 130 East 18th Street & 207 East 74th Street highlighted the importance of quality patios, gardens and rooftops.
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Apartment 4P at 130 East 18th Street sold $780,000
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Apartment 1A at 207 East 74th Street sold $785,000
