The developers behind The Whitney condo project at 65 Whitney Place have sold their first unit. The $129,000 sale closed on Wednesday. Sal Zambito and Tim Sick of Sunset Bay Park Inc. renovated the historic three-story building into six 1,093 sq.ft. residential units, each with two bedrooms and one bath.
Built in 1898, the three and a half-story brick, Italian palazzo-style building was originally built as a hotel for the Pan Am Exposition. The building's exterior features decorative brick quoining and splayed brick arches. It is located in the West Village Historic District on one of the most charming streets in the city.
According to Zambito, the condos have not been aggressively marketed since they have found success renting the units.
"Four out of the other five units are rented," says Zambito. "Three by corporations and one long-term tenant."
A second floor unit is being marketed by Robert Meredith of Gourney Becker & Bourne. It is listed at $99,000.
Residences feature exposed brick walls, high ceilings, insulated glass, recessed lighting, six-panel doors, closet lighting, dishwasher, updated plumbing, basement storage areas, sprinkler system, and forced-air heat/AC. Off-street parking is included.
An upgraded third floor unit is not listed but is priced at $129,000. "It has bamboo hardwood flooring, halogen lighting, kitchen with white raised-panel cabins, and most importantly, in-unit laundry," says Zambito. "Unit 1 which just sold didn't even have that but the new owner wants to put it in."
Get connected: Sal Zambito, 716.553.6911; Robert Meredith, 716.849.1210




This is a great investment and a great neighborhood - in my backyard! Congrats Tim and Sal!