20-26 N. Moore loft clears at $1,286/ft with no frills

listing associated with "no listing associated" sale
StreetEasy has the news that the Manhattan loft #8W at 20-26 N. Moore Street closed on August 2 at $3.6mm, but no other news about the sale ("no listing associated with this sale"). Which is weird, because the boutique broker who is ITAL Tribeca listed it in February and you can find it on the Past Sales page of his website (scroll down), from which one can access pictures and the floor plan.

Our data base has this at "2,800 sq ft", while Tabak describes this as "masterfully renovated", with 4 exposures but only 3 are worth bragging about ("glorious light and views from South, West and East windows"). Is that Venetian plaster on (at least) the living room and bedroom walls? (Isn’t it funny how that fish-eye lens makes the toilet so far from the bathroom sink??)

Whether it was the light, the views, or the masterful, The Market loved it: it was new on February 15 at $3.95mm and in contract by March 30 at $3.6mm. I mean, loved it, as even Oscar The Grouch could tell….

that Sesame Street game
Which of these things is not like the other?

  sq ft to market contract price $/ft
#8W 2,800 Feb 15 Mar 30 $3.6mm $1,286
#5W 2,700 Feb 6 Apr 22 $2.5mm $926
#7E 2,700 Mar 6, 2009 June 4, 2009 $2.825mm $1,046

Granted, #5W is reliably reported as having needed a substantial renovation, while #7E (though a "masterpiece", "stunning" and "published") was in a different set of market conditions (brrr), but #8W was beloved of The Market.

tops in the Tribeca no-frills department?
I can’t think of another loft in a similarly classic small Tribeca coop with no amenities that has cleared recently at as high a price-per-foot as #8W. 100 Greene Street #4 is in a similar (smaller) coop building in a similarly prime area (but in Soho); that June 21 sale at $1,350/ft topped #8W by a bit.

The Market loved #8W!

© Sandy Mattingly 2010

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