Dolly Lenz: The real estate queen helps broker $13M UWS deal at 40 percent off
Prudential Douglas Elliman super broker Dolly Lenz helped broker the sale of the 8,451-square-foot, 11th-floor apartment in the 22-unit condominium at 86th Street.
- (1888PressRelease) October 09, 2010 - Prudential Douglas Elliman is an industry leading full service real estate brokerage and everybody knows that it is incomplete without Dolly Lenz, the vice chairman of Prudential Douglas Elliman and she has done it again.
A full-floor unit at Extell Development's 535 West End Avenue has sold for $12.91 million -- 40 percent less than its $21.5 million asking price, according to city documents.
"It was a very fast deal," Lenz said, noting that the unit closed just two weeks after the sale. "It was a good situation for the buyer and seller." And buyer is an LLC called "535 Condo Partners."
Despite the unit's bargain-basement closing price, which amounts to $1,527 per square foot, the seven-bedroom, seven-and-a-half-bathroom pad had only been on the market for two weeks when it sold, said Lenz, who declined to comment on which party she represented or how she became involved with the deal.
Lenz said the deal was struck quickly after the buyer presented his offer.
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