Photos of 152 Elizabeth Street, #PH via The Modlin Group
Designed by Pritzker Prize-winning architect Tadao Ando, with Michael Gabellini of Gabellini Sheppard Associates tailoring the interiors, 152 Elizabeth Street is a stunning and understated collection of seven condominium residences in downtown's Nolita neighborhood. As a masterpiece of Zen-infused minimalism, the building is the first New York project by Mr. Ando, a Japanese architect globally acclaimed for his transcendent, clean-cut concrete forms.
Finished in 2018, the building's two- to four-bedroom sponsor units closed at an average price per square foot of $3,656—among the highest ever recorded in lower Manhattan. In July 2018, the ravishing three-level penthouse closed for $29.95 million, 14% less than its initial $35M asking price. This past week, the elevated retreat returned to the market at a slight markdown: $29.5 million, BUT the spread now includes multi-million dollar enhancements such as new finishes, fabrications, and lighting, as well as two automated parking spaces purchased separately by seller. Moreover, the seller has already bore the cost of the transfer tax, typically paid by the purchaser of a sponsor unit. This tallies up to a resale discount of at least $5 million the seller estimates.
Finished in 2018, the building's two- to four-bedroom sponsor units closed at an average price per square foot of $3,656—among the highest ever recorded in lower Manhattan. In July 2018, the ravishing three-level penthouse closed for $29.95 million, 14% less than its initial $35M asking price. This past week, the elevated retreat returned to the market at a slight markdown: $29.5 million, BUT the spread now includes multi-million dollar enhancements such as new finishes, fabrications, and lighting, as well as two automated parking spaces purchased separately by seller. Moreover, the seller has already bore the cost of the transfer tax, typically paid by the purchaser of a sponsor unit. This tallies up to a resale discount of at least $5 million the seller estimates.
Residents enter the building on Elizabeth Street through a calming vestibule lined with a water wall with grooved glass panels. The attended lobby features a fog and light sculpture that is visible through floor-to-ceiling glass. The floor-to-ceiling windows found throughout the apartments are masterfully detailed so that air-conditioning-and-heating ducts are concealed flush to the floor. Now find below a tour of the one-of-a-kind penthouse crowning the building.
In this article:
All photos of 152 Elizabeth Street, #PH via The Modlin Group
152 Elizabeth Street's closing history via CityRealty data
↓ Let's take it from the top. The 5,603-square-foot home comes with a family reunion's worth of terraces - 3,240 square feet of outdoor space in all.
↓ The upper rooftop has a full kitchen, an Ando-designed granite fireplace and custom-carved soaking tub.
↓ Southwestern views face the downtown skyline. Much of low-scaled Nolita has a building height limit of 85 feet, making it easy to point out 1 World Trade Center, 56 Leonard, the Police Building, and the former Trump Soho (thankfully renamed) in the distance.
↓ Northern views look out on the Empire State Building and Midtown. All of Nolita, and a reflecting pool lie at your feet...watch your step.
↓ Take the stainless steel stairway (or key-fob elevator) down two floors to the main level. The treads are paved with understated and resilient Pietra Cardosa stone.
↓ The main level has a 52’-long great room anchored by a gas-burning fireplace. Througout are 10' ceiling heights, 14-20" Dinesen Heart Oak flooring, oak-paneled corridors, and concealed ventilation systems.
↓ Enter the Great Room!
↓ Marvel at the great taste both you and Tadao Ando share. Claim the Pietra Cardosa hearth was truly your idea.
↓ Removed from the living spaces is the chef's kitchen. Finishes include Italian milk glass, a sliding island countertop, custom Italian Eucalyptus wood cabinetry, and a fully-integrated Gaggenau appliance package.
↓ Here's the adjacent dining area to accept accolades for the meal you "prepared," but forgot to admit you ordered it from Rubirosa up the road.
↓ Oh look, another terrace! In-laws, come with me.
↓ Enjoy views over the Lower East Side towards the Williamsburg Bridge. That's Essex Crossing with its food hall and movie theater in the distance. To the right is another reflecting pool and discreet private storage units.
↓ Shall we go back in? Not you, Abe and Eileen.
↓ The private second level has four bedrooms and a media room. The master has an en-suite bath and dressing room.
↓ Here is the corner master with floor-to-ceiling windows facing north and west. There is also a 6' x 16' balcony to keep an eye on Abe and Eileen on the terrace below—and to make great speeches of course.
↓ All en-suite baths feature Bianco Sivec marble, glacier white Corian vanities, and wall-mounted faucets.
↓ Fulfill voyeur fantasies in the window-walled master bath and give CitizenM Hotel guests their money's worth.
↓ Here in the media room, upholstered with sound-attenuating fabric, determine how to tell guests they're NOT spending the night—even if we have three spare bedrooms.
↓ Gather your thoughts in the flex bedroom-selfishly-turned home office...
↓ Well look at that, it's time to go! Bye Abe. Bye Eileen. The home comes with two automated-valet parking spots, and the lobby has a full-time doorman to ensure security and privacy.
Would you like to tour any of these properties?
New Developments Editor
Ondel Hylton
Ondel is a lifelong New Yorker and comprehensive assessor of the city's dynamic urban landscape.
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