August Edition - 30 Days of Real Estate in 90 Seconds

J. Rubinstein Team

It Takes a Seasoned Sleuth

to Find a Great Off-Market Apartment

Off-market properties are co-ops, condos and townhouses that are not publicly advertised through traditional channels such as StreetEasy, Zillow, or Brokerage's websites. I like to think of them as hidden gems – residences in prime buildings, as well as private homes on stately streets – that are waiting to be discovered and delight the discerning buyer. Digging deeper - knowing where to look - these are the skills that reveal the finest off-market homes for my clients.

You’ve missed out on the perfect apartment - don’t despair!

It happens. You find a building that you love, but the apartment you are looking for is unavailable. Good news – there’s always a chance of finding the right fit within the building – it just hasn't officially been listed.

This is where the off market search comes into play. A tempting and well timed direct message can often propel owners that have been on the sidelines to consider a sale. Doormen know everything about everyone, and they frequently have great leads. We also connect with other real estate agents to see what off-market properties have come to their attention in similar buildings.

Off-market properties can come with advantages.

Buyers gain access to properties not readily available to the general public, reducing competition and sometimes increasing the likelihood of securing a unique and potentially undervalued asset.

Sellers in off-market transactions are often more open to flexible terms and creative deal structures.

Be prepared to act fast.

Hidden gems don’t stay hidden for long. Be prepared to act quickly. Having your financing and decision-making in place can help you can seize the right opportunity when it arises. And having an agent who’s a detective at heart – who finds out-of-sight homes that are out of sight to most buyers – makes all the difference in the world.

U.S. home prices reach new high as market starts to cool

NY home prices notched greatest year over year increase

My Newest Listings

27 West 72nd Street, 1403

2 Bed | 2 Bath

40 Bleecker Street, 3E

1 Bed | 1 Bath

New Development of the Month

16 Fifth Avenue

More Information

Focus On Design

Waldorf Astoria Reopens After Restoration, Partial Residential Conversion

The Waldorf Astoria officially reopened to the public yesterday following the conclusion of its eight-year renovation at 301 Park Avenue in Midtown East, Manhattan. Designed by Skidmore Owings & Merrill, the $2 billion project involved the renovation and partial hotel-to-residential conversion of the 47-story, 625-foot-tall Art Deco landmark, which was completed in 1931.

Recently Closed Deals

4 West 21st Street, 2D

Flatiron Condop with a Private Terrace

Status - In Contract

96 North 1st Street, 3

2 BR Williamsburg New Development

Status - In Contract

133 West 22nd Street, 6A

Sunny Chelsea Studio with an Outdoor Pool

Status - In Contract

136 Waverly Place, 4B

Renovated West Village Co-op

Status - Closed

78 South 3rd Street, 3

Penthouse Duplex with a Private Roof Deck

Status - Closed

20 Clinton Street, 4E

Sunny Lower East Side 1 BR

Status - Closed

This Month's Mortgage Rate Snapshot

*The rates below are based on a $3,000,000 Condominium Purchase with a 20% down payment

10-year arm interest only or interest and principle: 6.1%

30-year fixed rate: 6.625%

Data provided by Aaron Ritter of Citizens Bank

Q2 2025

Market Reports

Recorded Sales:

Manhattan Report

Brooklyn Report

Justin Rubinstein

Lic. Assoc. R.E. Broker

M: 646.320.7745

j.rubinstein@compass.com

Work with Justin

Justin Rubinstein is a 21-year veteran of the real estate marketplace, who quickly gained attention from industry veterans and clients alike as a motivated and knowledgeable professional whose focus is on providing the best customer service possible while negotiating and protecting his clients with dogged tenacity. This tenacity and hard work ethic has proven fruitful as he has successfully negotiated over $1B in real estate transactions to date. Justin has enjoyed representing buyers and sellers of trophy properties such as the Time Warner Center, 56 Leonard, The Apthorp, One Madison, landmarked West Village townhouses, and new development penthouses. In each instance, his clients come away from the experience with a strong appreciation for his dedication and expertise - for more on this, please see his testimonials page.

Office: 646-982-0353

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.