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Douglas Elliman Duo Ink Priciest Deal For Manhattan Townhouse

Nicole Barylski

The Alexander Team's Hamptons listing is 315 Rose Hill Road in Water Mill. (Photo: Douglas Elliman)

The ambitious real estate duo, Oren Alexander and Tal Alexander of Douglas Elliman, are bulldozing sales barriers in the Manhattan market starting with the colossal deal they just inked for 19 East 64th Street. When finalized in April 2014, the transaction will be priciest deal yet for a New York City townhouse.

While the space was never officially on the market, the 20,500-square-foot location was just what the nation of Qatar was looking for to turn into a consulate. They told the the New York Post their secret for finding the exclusive unlisted listing. "It's relationships that's really the key. I've done deals with Dolly Lenz, Carrie Chiang, Deborah Grubman, Kathy Sloane every top broker, and to [us], what's most important is having a good relationship with the brokerage community."

Oren Alexander and Tal Alexander. (Photos: Douglas Elliman)

For those of you wondering what makes a property worth $100 million, the brothers noted, "First is location, and 64th between Fifth and Madison is the No. 1 street for townhouses in Manhattan it's the same street as Roman Abramovich bought [for $75 million] last year." They continued, "Second is width [this house was 41 feet], which is the most important factor for a townhouse. No. 3 is quality of product this house had a staff of 10 people manicuring that house forever. It was the first time it had ever traded hands. It was pristine."

NYC's 19 East 64th Street isn't the only pricey listing the eleven-member Alexander Team has in their portfolio. They are also the brokers for a $95 million, full-floor unit at the Sherry Netherland, which is one of the brothers favorite listings. But Manhattan isn't their only stomping ground. They broke records in Miami selling a $47 million property and have a $58 million listing in the Hamptons. If that's not enough, the brothers have two estates on Long Island which are listed for $15 million and $8 million.


Nicole is the Editor-in-Chief of Hamptons.com where she focuses on lifestyle, nightlife, and mixology. She grew up in the Hamptons and currently resides in Water Mill. www.hamptons.com NicoleBarylski NicoleBarylski





Added: January 31, 2014, 4:57 pm
www.hamptons.com/Real-Estate/Real-Estate-News/19294/Douglas-Elliman-Duo-Ink-Priciest-Deal-For.html
Appeared In: real estate >> real estate news