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129 Lafayette Street, #PHA

$10,000,000 ($2,152 per ft2) | 4 beds, 5 baths | Approx. 4,647 ft2
Building Profile  | 
101 days on Market

Key Details

  • Listed: May 29, 2024
    Last Price Change: ($995,000) on Jul 22
    Days on Market: 101
    Building Type: Condominium
    Neighborhood: NoLiTa/Little Italy (Manhattan)
Monthly Common Charges: $8,606
Monthly Real Estate Taxes: $10,983
Total Taxes & Fees: $19,589 ($4.22/ft2)
Est. Monthly Mortgage: $56,354
Total Est. Monthly Carrying Cost: $75,943 ($16.34/ft2)
Note: the above is based on a down payment of 10% ($1,000,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Additional Features: The apartment comes with additional storage in the building, enhancing the convenience of living in this luxurious property.
  • Interior and Layout: The penthouse boasts approximately 4,647 sq ft of indoor space with modern architectural details and high-end finishes throughout. It features an open layout with a grand living room that has 13-foot ceilings, oversized windows, and a wood-burning fireplace.
  • Kitchen and Bedrooms: The property includes a chef’s kitchen equipped with Val Cucine cabinetry and top-of-the-line appliances. The private bedrooms offer city views, walk-in closets, and luxurious bathrooms.
  • Outdoor Space: The penthouse comes with an additional 2,400 sq ft wraparound terrace offering 360-degree views, and the building features a 2,000-square-foot landscaped roof deck with panoramic views.
  • Building Amenities and Services: The building, converted to a full-service condominium in 2004, offers an attended lobby, resident storage, central AC, a rooftop terrace, and a grand lobby with 24-hour doorman service. It has been beautifully maintained and allows pets.
  • Location and Neighborhood: This spacious 4-bedroom, 5-bathroom penthouse is located in the vibrant NoLiTa/Little Italy neighborhood, close to some of downtown’s best restaurants and lounges, public transportation, and local shopping.

Description

Enjoy downtown living in this Soho Loft Penthouse with a combined 7,000+ SF of total indoor/outdoor living and entertaining space. Spanning the top two floors of the building with a 2,400 SF wraparound terrace off the living room, Penthouse A features 360 degree views and modern architectural details throughout. Enter the top floor from the key-locked elevator, into the grand living room surrounded by oversized windows, 13-foot ceilings, custom concrete flooring and a wood-burning fireplace. The open layout flows into a modern chef’s kitchen featuring Val Cucine cabinetry and top-of-the-line appliances including a Viking Stove, Thermador double oven, Sub Zero refrigerator and wine cooler.

Off the kitchen is a separate media alcove with a dry bar and powder room. Surrounding the top floor is the expansive private terrace featuring incredible views for entertaining or hosting dinner parties. There are endless possibilities to create a custom landscaped terrace. Descend the steel-and-wood floating staircase to the 11th floor towards the 4 private bedrooms and 3 full baths.

At the heart, is the spacious master suite with open city views of the Empire State Building, a dressing room and huge walk-in closet. The ensuite master bath is outfitted with a frameless glass-enclosed double shower, double sinks and 6-foot Kohler tub. Two additional bedrooms, both generously-sized, share a full bath with terrazzo tile flooring and a Kohler cast iron tub.

The fourth bedroom, easily transformable into a home office, features corner northeastern views and an additional bath. Formerly a light manufacturing building, 129 Lafayette Street was converted to a full-service condominium in 2004 and has been beautifully maintained with a high-ceilinged mahogany and stone lobby and additional outdoor space via a common roof deck. PHA is one of two penthouses added to the structure, and comes complete with central heating/air conditioning and additional storage in the building. Bordering Soho, Nolita, Little Italy, and Chinatown, the location has become a destination to some of downtown’s best restaurants and lounges.

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Listing courtesy of OFFICIAL

Pricing History

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About 129 Lafayette Street

75

129 Lafayette Street has received a CityRealty Rating of 75, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

26
Out of 44
+
25
Out of 36
+
16
Out of 39
+
8
=
75
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Bland 1 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 2004
  • Attended Lobby
  • Pre War
  • Resident Storage
  • Central AC
  • Rooftop Terrace

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Pros
  • Elegant mid-rise conversion of early 20th Century commercial building
  • One block north of bustling Canal Street
  • Convenient to SoHo- NoHo- Little Italy and Chinatown
  • Very good public transportation and local shopping
  • Many corner units
  • Central heating and cooling
  • Roof deck
  • Attended- 15-foot-high lobby
  • Large windows
  • 12-foot-ceilings
  • Only 27 large units
  • Close to Subway
Cons
  • No garage
  • Considerable traffic
  • One block north of bustling Canal Street
  • No sidewalk landscaping
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Subways

  1. J
  2. Z
  3. N
  4. Q
  5. R
  6. 6
at Lafayette 0.02 miles
  1. A
  2. C
  3. E
at Thompson 0.31 miles
  1. B
  2. D
at Chrystie 0.32 miles
  1. 1
at Varick and North Moore 0.37 miles
  1. 4
  2. 5
at Lafayette and Duane 0.44 miles
  1. M
  2. F
at Houston 0.48 miles

Aerial Imagery

 

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