Curbed September Report: Rainy Open Houses and Midtown East Still Hot for Renters
September 14th 2023
Curbed
By Curbed Staff
Suzanne Weinstein Listing/Jane Katz In The News… Curbed
Specs: 5-bed, 3.5-bath
Price: $3.95 million
Jane Katz, an agent at Coldwell Banker Warburg, says she’s always on the lookout for big apartments in good locations. So when a five-bedroom co-op at 45 East 82nd came on the market, it caught her eye. “It’s a grand prewar: big rooms, nice views, good flow, a great location, with the entrance on 82nd between Park and Madison, across the street from PS6,” says Katz. “I think it’s about 3,200 square feet.”
A lot of older co-ops have blah views or bad light — she’s sold a few — but this apartment is on the tenth floor, so it has good light and views. Also, the floor plan is lovely — “very gracious, with a separation of kitchen and public and private rooms,” she says. “I happen not to like condos with one big open kitchen and you’re falling into the living room, cutting up a raw chicken and everyone is watching you.”
“This one has it all,” she says. There’s even a cedar closet. All it’s missing is a fireplace. And, more crucially, a renovation. The apartment appears to have last had one in the 1980s (there are silver pillars and a mirrored ceiling), which is likely why no one has snapped it up yet. Buyers, especially at this price point — $3.95 million — don’t want apartments they have to renovate. “This is just waiting for someone to take it and gut it and make it gorgeous,” she says. “I wish I could do it myself. You’d live in it forever.”