new contract at American Thread, 260 W Bway
I described #4G at 260 West Broadway (the fabled – to me – Manhattan loft American Thread Building) when it was new to the market in early March (new this week at 260 West Broadway ). It is said to be 1,450 sq ft and has been offered through Anne Aranseaz at Sothebys for $1.8mm ($2,078/mo).
It has had a contract signed this week.
As I noted back in March, the window sheers hint at the main story about light and (no) views in this unit, as most of the fourth floor windows in this line look at over an alley or at the new hotel just top the north. Looking again at the floor plan and pix, I see another somewhat interesting thing about this loft renovation: it is about as close to a "gracious" prewar "apartment" layout as one could imagine – with beamed ceilings and moldings to match. Indeed, I bet you could show that floor plan to anyone looking for Candela or Bing and Bing, and they would be happy with it. I wonder if the owners moved here from a "gracious prewar" uptown….
I will be surprised if they got near the asking price, as the much brighter #4A (similar size and shape, more light) sold a year ago for $1.6mm off and ask of $1.795mm. (Look at those photos for another seemingly "prewar apartment" vibe in a classic loft building.) Time will tell about #4G’s clearing price.
© Sandy Mattingly 2007
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