Total Est. Monthly Carrying Cost:
$51,093 ($11.58/ft2)
Note: the above is based on a down payment of 20% ($1,600,000),
which is the minimum amount permitted by the building.
Description
Awe-inspiring and authentic artist’s penthouse loft located on one of the best and least commercial blocks remaining in SoHo, this may be one of the last of its kind. Penthouse 6E at 138 Grand Street presents an extremely rare opportunity for a discerning buyer to purchase raw artist’s space and is being made available for the first time in almost 50 years. The longtime studio of a world-renowned artist, PH6E offers over 4400 square feet of OPEN SPACE and LIGHT and offers a one-of-a-kind opportunity to create an outstanding living/working space from a blank canvas.
The right buyer has a free hand to completely customize this magnificent space to their own specifications. Roof rights are included in the purchase price.
138 Grand Street is SoHo’s premier Cast-Iron Artist’s Loft building, and PH6E is one of its brightest, most spacious lofts. Superbly located at the crossroads of Nolita and SoHo on the cobblestoned corner of Crosby & Grand Streets, 138 Grand Street is mainly owner-occupied by accomplished working creatives, one of the very few remaining addresses in New York City that retains this kind of significant artistic and architectural provenance.
This colossal loft’s dimensions are almost 50 feet wide by 100 feet deep, with a 20-foot-inclined ceiling and original details.
An Artists In Residence building, the unit does not require A.I.R. Certification. Giant, quiet, and flooded with sunlight. The loft features North, South, and East exposures, and enjoys views of the World Trade Center, 56 Leonard Street (the Jenga Tower) and the Centre Street Police Building, in addition to classic Soho cityscape views. A space like nothing else, the North wall provides almost 50 feet of oversized windows, while the South wall boasts giant skylights.
Built in 1890, 138 Grand Street represents the height of industrial design standards from the period.
This majestic building is comprised of 17 original lofts with warehouse-like proportions and preserved historic detail throughout, including soaring ceilings, massive elevators, a stately iron-crested cupola, and a spectacular mansard roof. Beautifully maintained original industrial features throughout and sublime location. Flip tax paid by the buyer. Showings by appointment only.
Additional Details:
Entrance At 138 Grand Street 47.7 Feet Wide, 99.9 Feet Deep & 20-Foot-High Inclined Ceiling Roof Rights transfer with the unit.
Board approval on any renovations is required Massive Skylights and Windows Sun Drenched North, East and South Exposures Exposed Brick Walls and Original Wood Columns and Floors Full Time Superintendent Skyline, World Trade Center, 56 Leonard and Police Building Views Extremely Quiet Live/Work, Pets Allowed, Key-Locked Elevator Landmarked Building Proposed Closing Date: 3/15/23
Please Note: Some Photographs Are Virtual Renderings
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