peculiar listing meets willing buyer
Billed by Richard Orenstein as “1,400 sq ft” of “amazing potential”, the layout is … err … peculiar. While it is said to be a corner loft, that corner spot earned only one side window in a lot that has only four other windows. I don’t remember the listing as having presented an alternative floor plan originally (memory circuits could be burned a bit), but this has always been a “renovation special” due to the ‘peculiar’ layout and lack of kitchen.
potential has a price (eventually)
It came to market in January at $1.795mm and stayed on the market at $1.695mm and $1.649mm before finding a contract after a month at $1.55mm.
How much money would someone have to put into these 1,400 sq ft to make this a wonderful place? For the SoHo fanatic, this is the “epicenter”, as Orenstein says. 11 foot ceilings and (at least some) big windows help. And it’s a condo (a fairly old one for the area, being a 1981 conversion).
SoHo without that premium, quite
I suspect it is that epicentric location, but the building has not commanded the SoHo premium of other condos. #6A was said to be completely renovated, with a chef’s kitchen, when it sold eleven months ago for $1.56mm, while #6B (actually designed by its then-owner Philippe Starck!) sold last November for $1.738mm for “1,500 sq ft” and a long wall of ‘extra’ windows. With this history #7A’s odyssey makes sense.
© Sandy Mattingly 2007
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