West 77th Street
Multiple Asking-Price Bids
About the Property
This townhouse’s unique story:
This West 77th Street townhouse had been a profitable bed-and-breakfast for many years. Period interiors and proximity to Riverside Park were strong selling points to tourists. Then in 2011, a new law made bed-and-breakfasts illegal. The owners had no choice but to sell.
Dexter Guerrieri’s innovative solution:
To maximize the sale price, Vandenberg strategically guided the owners and buyers to the property’s market value. A price adjustment brought two bids at the new asking price. Despite tenancy issues and a complicated signing, Dexter expertly guided negotiations. In the end, the owners were thrilled to sell for $3,700,000, a record price for an unrenovated townhouse on the Broadway/West End corridor.
Status
Price
$3,700,000
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Vandenberg—The Townhouse Experts®
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