100 Greene hits market comfortably, beautifully

lovely, indeed
The 4th floor at 100 Greene Street is new to the market this weekend, asking $2.795mm and $2,700/mo for “2,000 sq ft” but no floor plan. The text offered by the PruDE Steinberg – Senequier team is so nice I won’t paraphrase, but will note that there are high tin ceilings, big windows, exposed brisk and original detailing.

nice comp
Since the 2d floor is now in contract off an asking price of $2.65mm (in more or less equally beautiful condition, it seems), chances are that they have a very good idea of where The Market is for this building. For that kind of money, Richard Orenstein of Halstead was willing to throw in a floor plan, showing a (roughly) 23 x 81 ft Long-and-Narrow with plumbing on both long sides. That one took 4 months to find a buyer and started at $2.8mm. (A curiosity: the maintenance is $675/mo higher on the 4th floor than the 2d floor.) I hit that one when new in March (new at 100 Greene St / uber chic for uber bucks).

built-in market
The nice thing for the 4^th floor is being able to take advantage of the marketing already done by Halstead for the 2d floor. Assuming the 2d floor got close enough to the asking price of $2.695mm to make the 4^th floor’s $2.795mm a reasonable place to start, the 4^th floor should not take very long to find a buyer at an acceptable price.

© Sandy Mattingly 2007