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The Spring, 225 Lafayette Street, #5B

$2,399,999 ($2,044 per ft2) | 2 beds, 2 baths | Approx. 1,174 ft2
Building Profile  | 
57 days on Market

Key Details

  • Listed: Sep 18, 2024
    Days on Market: 57
    Building Type: Condominium
    Neighborhood: NoLiTa/Little Italy (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $1,781
Monthly Real Estate Taxes: $1,244
Total Taxes & Fees: $3,025 ($2.58/ft2)
Est. Monthly Mortgage: $12,671
Total Est. Monthly Carrying Cost: $15,696 ($13.37/ft2)
Note: the above is based on a down payment of 20% ($480,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Luxurious Primary Suite: Oversized with stunning Soho views, featuring a massive walk-in closet and spa-like ensuite bathroom.
  • Elegant Prewar Design: Classic loft aesthetic with articulated beamed ceilings and a grand living space that exudes sophistication.
  • Gourmet U-Shaped Kitchen: Equipped with top-of-the-line Bosch and Miele appliances, complemented by sleek white lacquer cabinetry and granite countertops.
  • Abundant Natural Light: Four West-facing tilt and turn picture windows illuminate the living/dining area, offering skyline views.
  • Flexible Layout: Currently configured as a one-bedroom, easily convertible to a two-bedroom with sliding doors or a wall.
  • Exclusive Building Amenities: Full-time doorman, concierge service, and a landscaped rooftop terrace with breathtaking views enhance the living experience.

Description

The Luxury of Prewar Elegance - The Joy of a Prime Soho Location.
Rising above the crossroads of Soho and Nolita, 225 Lafayette Street is a highly regarded prewar condominium designed by the legendary Cass Gilbert. Residence 5B is a 2 bedroom, 2 bathroom currently configured as a one bedroom.

The flexible layout provides for a grand living space that can easily be separated by sliding doors or a wall. Open views of Soho in a prime location provide an exceptional opportunity in this highly sought after location. Enter the apartment into a foyer overlooking the great room and a large walk in closet to your right serves as a guest closet or pantry.
Marrying prewar elegance with downtown chic, the open living floorplan and articulated beamed ceilings create a classic loft aesthetic.

The four West-facing tilt and turn picture windows open the living/dining room and allow natural light to permeate throughout the residence with skyline views. The u-shaped kitchen by Poliform features clean lines and white lacquer cabinetry blending seamlessly into granite countertops. The top-of-the-line appliance package includes a Bosch cooktop with vented Miele hood, Bosch convection oven, Sub-Zero refrigerator and Miele dishwasher.

There is an abundance of storage in addition to the pantry.
Offset and private from the rest of the home, the oversized luxurious primary suite overlooks Soho and boasts great sunset views. A massive walk in closet is lined with built-ins adding maximized and convenient storage. A second double closet provides even more storage.

The ensuite bathroom is a spa-like retreat featuring marble tile, elongated double vanity, separate stall shower next to a deep soaking tub by Kohler. On the other side of the apartment, the second bedroom can easily fit a king-sized bed and also has an ensuite bathroom with matching finishes.
This ideal layout maintains a balanced flow throughout with flexible options.

There is also added storage in the washer and dryer closet.
The Spring Condominium is a notable example of Beaux-Art architecture and former home to the Italian Savings Bank. Cass Gilbert, the distinguished architect whose portfolio includes the Woolworth Building and the New York Life Insurance Building, designed this 12 story building in 1923. Converted to a 41 unit condominium in 2005, amenities include a full-time doorman, full-time superintendent, and landscaped common roof deck with stunning open views.

Steps to transportation and incredible restaurants, such as Balthazar, Saint Ambroeus, and Jack’s Wife Freda. Neighborhood convenience includes the Equinox two blocks away and the countless shopping options across Soho, Nolita and Noho.
Images are Virtually Staged.

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Apartment Amenities

  • Western Exposures
Listing courtesy of Corcoran Group

Pricing History

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About The Spring, 225 Lafayette Street

80

The Spring, 225 Lafayette Street has received a CityRealty Rating of 80, 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

28
Out of 44
+
25
Out of 36
+
18
Out of 39
+
9
=
80
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Dramatic 3 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:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 30 blocks 3 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Attractive 2 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:
Some Noise 1 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 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:
Quite Stylish 3 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:
Yes 1 out of 1 points
Non Rectilinear Form:
Yes 1 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 2004
  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Rooftop Terrace
  • Video Intercom
  • Washer/Dryer in building
  • Elevator
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Very handsome building designed by Cass Gilbert
  • Taller than most of its neighbors
  • One block from great former Police Headquarters building
  • Very close to Little Italy, SoHo and NoHo
  • Near subway
  • Former East River Savings bank building
  • Convenient to numerous restaurants and boutiques
  • Upper floors have excellent views
  • Concierge
  • Roof deck
Cons
  • No garage
  • No balconies
  • No sidewalk landscaping
  • No doorman
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Subways

  1. 6
at Lafayette 0.03 miles
  1. N
  2. R
at Broadway 0.17 miles
  1. J
  2. Z
at Delencey 0.19 miles
  1. M
  2. B
  3. D
  4. F
at Houston 0.23 miles
  1. Q
at Lafayette 0.28 miles
  1. A
  2. C
  3. E
at Thompson 0.45 miles
  1. 1
at Varick 0.50 miles

Aerial Imagery

 

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