FSBO open house at 125 Watts

125 Watts Street #4
$1.795mm and $1,975/mo for “1,829 sq ft” of “authentic Tribeca loft” with exposed beams and columns, 10 foot ceilings and at least some infrastructure for central air. The 12 windows give sunset views, though most are north. [update 11.28: this is now listed through Beth Bongar and Patty LaRocco of PruDE for $1.835mm]

The building was converted to a condop four years ago. The listing description for the 3rd floor, which sold 3 years ago, is still on Corcoran’s website. That shows a classic Long-and-Narrow foot print, with all the plumbing concentrated on the east end, near the entry. As hinted at by the status of condop, Corcoran noted that shareholders receive income from the commercial tenant on the first floor.

The buildings across Greenwich Street to the west are 5-stories, but most of the next block to the west (between 125 Watts and the stunning river views) was bought by a LLC 19 months ago for $29mm. I don’t know what the plans are to develop that block on West Street are, but if they have been made public I bet this owner/seller knows.

Open House Sunday Oct 14 1 – 2:30

(C) Sandy Mattingly 2007