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Ian K. Katz Group

575 Fifth Avenue, 17th Floor, New York, NY 10017
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Westchester: (914) 620-2686
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Case Studies

Manhattan West Side two bedroom search leads to West 21st Street

Manhattan | Chelsea | West 20s | $1,155,000 | 2016

THE CLIENT

Jun, a designer and artist, who was looking for a first home in Manhattan in which to raise her daughter Julia. She had been searching for six months and found a perfect property, but lost out in a bidding war, after which she was referred by a prior client.

We crafted an attractive offer slightly over the asking price, with a strong down payment, clear incentives for the sellers, and a quick close.
Exclusive listing and property photograph courtesy of Brown Harris Stevens Residential Sales LLC. Property purchaser represented by Ian K. Katz Group (Co-Broker).
We crafted an attractive offer slightly over the asking price, with a strong down payment, clear incentives for the sellers, and a quick close.

THE NEEDS

Jun hoped to find a two bedroom property of unique character that reflected her aesthetic sensibilities and was close to her daughter’s school.

THE PLAN

We started immediately by evaluating a Chelsea condominium that she had seen prior to signing on as a client. The advice was to wait as the home didn’t have long-term appeal: it did not have enough space for her daughter and it lacked natural light which was very important to her.

After just one month of searching, in the midst of a blizzard, we located Jun’s dream home on West 21st Street. Its previous owners were architects who had renovated it from top to bottom, and it had open sky exposures from the living and dining rooms. As with most two bedrooms in the neighborhood, competition was intense and a bidding war quickly developed. We crafted an attractive offer slightly over the asking price, with a strong down payment, clear incentives for the sellers, and a quick close. Ultimately they chose Jun over several other bidders. We met a tight contract signing deadline, navigated complex lending requirements unique to the deal, and closed in time for spring. Jun now has a home that meets her long-term needs, her aesthetic preferences, and is a short walk from Julia’s school.