28 W 38 St broker/owner in contract
top price, terrific loft
Jim Grica at BHS just got a signed contract on his loft at 28 W 38 St, Unit 3W, which had been on the market since April at $1.795mm ($1,943/mo maintenance) for “2,00 sq ft” that Is not only “the ultimate in authentic loft living”, but “sexy [and] beyond triple mint”. (I assume he gets similarly excited for other people’s lofts.)
This Long-and-Narrow has three front and three rear windows and two west windows, and is 23 feet wide. Plumbing runs along the middle wall of the two-units-per-floor building, with neither bathroom being en suite. It does look like very high quality work throughout, and priced accordingly.
#8E (also “2,000 sq ft”) sold in January (can’t find a sold price, but it was last offered for $1.395mm) in a condition with a lot of “potential”. It had been on the market since March 2006 (starting at $1.695mm), and took two firms and four prices to sell.
#2E sold in May (curiously, “1,980 sq ft”) for $1.355mm in a pretty refined condition, but with a layout that was somewhat limiting (one bedroom, one bath, lofted den). That had been offered only since January (at $1.365mm).
location, location, location
Interesting location, kind of betwixt and between. Near lots of things, but of no neighborhood. Gritty commercial block, to say the least.
© Sandy Mattingly 2007
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