Total Est. Monthly Carrying Cost:
$119,050 ($7.05/ft2)
Note: the above is based on a down payment of 20% ($3,950,000),
which is the minimum amount permitted by the building.
Description
Custom built in 1873 by the great Gothic revival architect William Appleton Potter, this SoHo historic Cast Iron building offers a one-of-a-kind opportunity to redevelop an iconic historic loft building into a residential single-family or multi-family masterpiece.
Situated on an excellent view corridor 100 ft. from Broadway, the building consists of 5 tall loft stories impeccably maintained and artfully framed by gothic cast iron columnettes and capitals. The ground floor boasts booming 15’ ceilings, a deep floorplate and an as-of-right option to combine two windowed sub-levels for a combination of 6,000+ SF of additional space.
OTHER FEATURES INCLUDE: * Additional air-rights to develop a 6th floor penthouse * Upgraded mechanicals * New electric with 600 Amp * 2 water risers * 2 upgraded waste lines * Full sprinkler system with new heads and plumbing * Existing original windows on west side of building from floors 2 thru 5. * Recently renovated loft apartment * Original elevator servicing each full floor loft from sub-basement to 5th floor.
YEAR BUILT: 1873 LOT DIMENSIONS: 24.92 ft x 101.08 ft LOT SIZE: 2,517 SF TOTAL EXISTING BUILDING ZONING FLOOR AREA: 10,769 SF Ground Floor: 2,326 SF l Floor 2nd to 5th: 2,111 SF l Basement: 2,778 SF Sub-Basement: 2,770 SF l Total Floor: 16,889 l Additional Floor Area: 1,816 SF CEILING HEIGHT: Store: 15’ l 2nd: 14’ l 3rd: 13’ l 4th: 11’ 9 (was 12’ but has new subfloor)5th: Slopes 14’ to 10’ l Basement: 10.1’ l Sub. 8.8’
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