The Stein Group of Sotheby's International Realty Closes 18 Leonard Street Luxury Penthouse Deal
By Mel Fabrikant Monday, March 07, 2011, 04:27 PM EST
Broker Closes On Duplex Penthouse For the Fourth Time In Eight Years In Bidding War
The Stein Group of Sotheby's International Realty, led by Robin Stein and Jeremy Stein, and one of the most respected and successful real estate sales teams in Manhattan, announced today that the team recently represented a buyer in the purchase of a luxury penthouse at 18 Leonard Street in Tribeca for $3.156 million. The Stein Group has a long history with this particular property, having represented the penthouse in four separate transactions within the last eight years.
This beautifully renovated and unique, three-bedroom, three-bath duplex penthouse offers approximately 2,000 square feet of interior living space and features four stunning planted terraces. A gourmet kitchen with top-of-the-line appliances overlooks a grand family room with dining space that leads out to one of the large landscaped terraces with a natural gas grill, lighting, and custom irrigation system.
A second spacious living/dining room has a wood-burning fireplace and large terrace. The three light-filled bedrooms each have planted terraces, while the corner master suite includes a newly renovated master bath with double sinks, radiant heat floor, and a steam shower.
Robin Stein represented the original buyers of the residence in 2002 when it was first offered for sale by the building sponsor. In 2005, Robin represented the residence's sellers in both the rental and then eventual sale of the apartment. And just this past December, Jeremy Stein represented the buyer in the penthouse's most recent sale.
"This sale, consummated just one week after the apartment was put on the market and following a bidding war, is indicative of the high demand that exists today for premier luxury homes that are priced correctly," stated Robin Stein, a Senior Vice President with Sotheby's International Realty. "We are extremely pleased to have been able to meet our clients' needs in facilitating the purchase of this distinctive penthouse apartment."
The building, also known as The Juilliard Building, is a nine-story residential conversion of five textile assembly and showrooms into residential use in 2001. The building features 33 residences, a 24-hour doorman, live-in super, children's playroom, bicycle room and private storage.