A 2-Bedroom Penthouse with Vintage Elegance in East Lakeview: 433 W. Briar
This 2-bedroom penthouse in 433 W. Briar in East Lakeview came on the market in August 2020.
Built in 1929, the building has 34 units and an elevator. Converted by Belgravia Group in 2007, it has an exercise room, storage and a landscaped garden with grill.
Because it’s the penthouse, this unit has several unique features.
It has extra high ceilings measuring 14 feet along with extensive crown moldings.
The unit has the original arched and leaded windows with custom window treatments.
The listing says the ebony hardwood floors have been redone.
There’s a gas fireplace with a stone mantle.
The kitchen is open to the full size dining room and has bar seating with white cabinets and stainless steel appliances.
Both bedrooms are en suite and the listing says the baths have new vanities.
The primary bedroom also has a walk-in-closet.
There’s a powder room.
It has the features buyers look for including central air, washer/dryer in the unit and parking is included and deeded in the lot across the street at 450 W. Briar.
The listing says there’s no roof rights, so you can’t put on a rooftop deck. There are stairs in the 2017 listing. Do those go to the roof???
Neither listing says it’s a duplex.
But for those who love vintage, does this unit check all the boxes?
Pamela Holt at Holt Residential has the listing. See the pictures here.
Unit #11C: 2 bedrooms, 2.5 baths, 1690 square feet
- Sold in October 2007 for $630,000 (per Zillow)
- Sold in May 2011 for $423,000 (per Zillow)
- Sold in May 2017 for $590,000 (per Redfin)
- Originally listed in August 2020 for $599,000
- Currently still listed at $599,000 (includes deeded parking across the street at 450 W. Briar)
- Assessments of $687 a month (includes exercise room, exterior maintenance, lawn care, scavenger, snow removal)
- Taxes of $10,206
- Central Air
- Washer/dryer in the unit
- Gas fireplace
- Bedroom #1: 16×14
- Bedroom #2: 14×14
- Living room: 31×15
- Dining room: 17×14
- Kitchen: 13×12
Such a beautiful property in a great location, with features that are rare at this price point. I am surprised it has sat on the market for so long — I guess it is the 2020 effect?
That living room looks like it belongs in a million dollar condo. Very classy. I’d have to sip my martini with my pinky out in that room.
Nice condo, not vintage
Ouch to the 07 buyer
“There are stairs in the 2017 listing. Do those go to the roof???”
Million dollar question! Was wondering the same…
I want it. Just wish I could afford it. It is one of the most beautiful vintage rehabs I’ve seen.
The HOA is what you would expect for an older high rise, and the taxes are not too out of line for something in this price range.
Agree it’s beautiful. Would be interested in knowing why there aren’t any roof rights and why that’s spelled out so explicitly. Is it because there’s a public area for all on the roof? That would be OK. I’d also like to know why the HOA seems so low. Does the building have adequate reserves?
One more thing: I’d like to see the exercise room. They typically are pretty meager in old buildings.
“I want it. Just wish I could afford it. It is one of the most beautiful vintage rehabs I’ve seen.”
Me too Laura. Lol. It’s the windows, right? With those 14 foot ceilings with moldings.
Stunning.
“Is it because there’s a public area for all on the roof?”
It seems like there might be stairs that go up to the roof which is why they had to say “no roof rights.”
Stair pictures are in the prior sale listing pictures. And there’s no floor plan with this so we don’t know.
There’s nothing on the roof in the google view at the back of the building, the front is pitched and the central portion has ac condenser units. There must be issues with the roof, access, strength or egress that prevent a private deck (perhaps the building wants a common deck eventually).
It’s a newish conversion and it looks like it has individual heating which means the assessment is probably bare bones/as low as they can go especially if there is a new elevator since fuel is borne by the units (biggest expense in most buildings where it’s included). The will need to spend a lot on the elevator contract, facade inspections & maint. and staff.
Sabrina, the windows are extremely beautiful and certainly help, but the millwork, moldings, and the shapes of the rooms totally take it for me. The rehab is beautifully done, and there isn’t a bad-looking room in the place. I’ve always loved that building, since its days as a rental.
If I have the building identified, we looked at open houses in this building of some 3bd’s in 2017, and we even bid for one, but we received info about the finances of the building, and without discussing more, it made us withdraw interest.
received info about the finances of the building, and without discussing more, it made us withdraw interest.
Same, but in 2013.
Contingent.