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Former pitcher David Cone is still hoping to catch a buyer for his apartment in New York City. Cone purchased the West Village unit in 2016 for $7.97 million.
About a year after he bought the place, he moved to be closer to his son’s school, notes listing agent Andrea Wohl Lucas of Douglas Elliman. So the All-Star placed the luxury abode on the market for $10 million.
But the listing didn’t catch a buyer’s eye. Once set as high as $10.5 million in 2017, the price dropped down to $8.6 million this year. Even with a discount, Cone could still pocket a profit if he manages to get his asking price.
But the listing also has a curveball—in the form of a tenant. So now the home is being pitched as a “Great investor opportunity with tenant in place,” as the listing description puts it.
“They decided to sell or rent,” Lucas says. “We rented it, but we had a lot of interest to buy it.” She added, “There aren’t a lot of apartments like it.” Plus, with the recent price reduction, she says, “It’s really priced very fairly now.”
Lucas declined to disclose the rental income that a buyer would receive, but notes that once the tenant’s lease ends, a new owner could either choose to move in or continue to keep it as a rental. Either way, it could be seen as a win-win.
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Built in 2014, the four-bedroom, 4.5-bathroom unit stretches north to south and features 2,818 square feet of living space. The entrance gallery opens into the south-facing living and dining room, with glass doors that open to a large private balcony.
The large, eat-in kitchen also features a center island and Sub-Zero, Wolf, and Miele appliances.
On the other side of the apartment, you’ll find the bedroom wing, including the master suite, with a walk-in closet and an en suite marble bath. Two more bedrooms are also en suite. A fourth en suite bedroom off the living room could also be used as an office or a guest room.
Other luxe features include hardwood flooring, a laundry room, and 10-feet high ceilings.
Building residents enjoy amenities including a 24-hour attended lobby, gym, yoga rooms, a 25-meter swimming pool, a children’s playroom, and bicycle storage. A large storage unit is included with the sale.
Cone starred for the New York Mets, Toronto Blue Jays, and New York Yankees over his 17-year career in the big leagues. He retired in 2003, with 194 wins and 2,668 strikeouts. The five-time World Series champion is currently a color commentator for the New York Yankees.
The post David Cone Still Looking for a Buyer to Step Up to the Plate in West Village appeared first on Real Estate News & Insights | realtor.com®.
source https://www.realtor.com/news/celebrity-real-estate/david-cone-still-looking-for-a-buyer-to-step-up-to-the-plate-in-west-village/
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