KIKO Auctions Luxury Condo at The Plaza Hotel in NYC
We are excited to announce another success story from the KIKO team, which auctioned a luxurious one-bedroom condominium at The Plaza Hotel Private Residences in Manhattan, New York.
The Plaza Hotel condo achieved an impressive sale price of $2.75 million, a testament to the effectiveness of our auction method and the dedication of our team that included Auctioneers/Realtors Peter Kiko Sr. and Kristen Kiko.
“As industry leaders in selling real estate at auction, the market is taking notice of what we’ve known for decades – the auction method is a successful option for selling unique properties,” shared CEO Dick Kiko.
Boasting a rare, 522 sq. ft. private outdoor terrace that overlooks the Plaza’s courtyard fountain and gardens, the condo also features herringbone wood floors and opulent marble tile. It is steps away from NYC’s premier locations in Manhattan including Central Park and shopping on Fifth Avenue.
The Power of Auctions
Unique and luxury properties can benefit from the speed, excitement and competitive bidding that auctions deliver. Due diligence, expert marketing and industry knowledge are key.
To be successful, sellers must work with established real estate auctioneers who have the right connections and a proven track record.
As commented on by our seller, “This really is the most efficient way to sell …”
Plaza Hotel Condo Auction – By The Numbers
- More than 90 registered bidders from almost 20 states across the country, as well as Canada and Italy
- 60+ property showings
- 20,000+ property website views
