big week for big new lofts / 142 W 26 joins parade

another big one
The 8th floor at 142 West 26 Street is new to the Manhattan loft market today, but not so new that Halstead’s Richard Hamilton doesn’t already have a web description and floor plan up (pix to follow).
This one has 9 closets among its “3,970 sq ft” (a curiously precise coop measurement; whatever happened to rounding??) but only 2.5 baths. How big is this one? The open living/dining area is “1,600 sq ft” — itself a good-sized loft, “newly renovated”.
This has the proportions of a classic Long-and-Narrow, but the raw numbers are atypical: “narrow” is said to be 42 feet, so long must be something like 94 feet. Six windows in front and six in back. It looks as though all the plumbing is squeezed on one long side between the elevator and the back-wall bedrooms. (Maybe you have as many bathrooms already as you are easily going to get.)
Ask is $3.95mm with maintenance only $2,229/mo. [Of course, the other Big Ones this week were in the 8-figure range; see yesterday’s review of mostly very big, all very expensive so THAT’s what an 8-figure loft looks like / 6 lofts = $65mm.]
Richard will probably catch it shortly, but the web says both “attended lobby” and “elevator attendant”; I am pretty sure this relatively small long-time residential coop has neither.
$1,000 a foot — yeah
I don’t see a closing price in the city records, but the last sale in this building was #12B, the rear part of the top floor, which traded in April this year off an asking price of $1.495mm for “1,700 sq ft”. (It Is not likely that they got more than the ask, as it had been on the market from October 2006 [$1.875mm] before finding a contract in February after two price drops.) They weren’t bragging about anything in the condition of #12B apart from “like-new appliances”; the 8th floor, in contrast, has been “recently renovated”.
A lot of space. Four bedrooms. Looking forward to pix and details….
© Sandy Mattingly 2007
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