Funky Apartment in Flipper-Favorite 166 Perry Street Sells for $2.5 Million
166 Perry Street, the futuristic, Asymptote-designed condo with a vertical undulating façade, has become notorious for its failed flipping attempts. But the curse might be lifted at the eight-story West Village residence thanks to the recent $2.5 million sale of apartment 1B, a 2BR/2.5BA duplex that has been outfitted with modern touches and funky details. The 2,526-square-foot unit initially sold in 2010, a year after the building’s completion, for $1.756 million. When the pad went on the market this time around in January 2013, it was listed for $3.995 million. Though today’s owner had to lower the asking price, she still made a profit of nearly $1 million.
The customized interior was designed by Laura Kirar and features touches like automated curtains and shades, ten-foot sliding glass pocket doors, 12-foot ceilings, and wide plank oak wood flooring. Though the living/dining area is rather inviting, the starkly modern media room seems to be more of a gallery space than a place to kick back and watch TV (can anyone even sit in that squiggly red chair?).
The all-white kitchen is highlighted by an 11′ x 4′ island that was sculpted out of a giant single slab of Corian. In addition to expertly concealed, top-of-the-line appliances, it features white lacquered custom cabinetry and Vermont green slate flooring. The latter is also used in the master bedroom, where the flooring is heated.
Some of the apartment’s rooms have been transformed into specialty spaces. The guest room is configured as a bright red, sound-proofed music studio, which also has a hidden Murphy bed and a full bathroom with large marble shower. Behind the kitchen is a large home office that could be converted to an extensive walk-in pantry, but is currently outfitted as a display room for the homeowner’s many collectibles.
Located at the southeast corner of 166 Perry Street, the condo has stunning views onto Charles Lane, one of the oldest cobblestone streets in the Far West Village. Floor-to-ceiling operable windows let in plenty of natural light, filtered by the building’s unique undulating perforated metal façade.
What do you think, is this the start of a successful flipping trend at 166 Perry Street?
[Listing: 166 Perry Street, 1B by Douglas Elliman]
[via CityRealty]
Photos courtesy of Douglas Elliman
