Wednesday, March 9, 2011

290 Mulberry is 90 percent complete — and for sale

Every so often we check in on 290 Mulberry at the corner of Houston, where the 12-story development seems to get wavier with each drink at Milano's.

Anyway, an EV Grieve reader passes along word that you can now own the whole shebang for $25 million. Here's the new listing at Massey Knakal:

NoLIta Development: 90% complete, 290 Mulberry Street is a newly developed 12 story building with ground floor retail and 9 lavish full floor apartments above. The building contains a dramatic 2,613SF Penthouse Triplex with 1,650SF of private terraces. This breathtaking building was designed by award winning SHOP Architects.

There is approx. 2,000 SF of GRFL retail. The 9 apartments total approx. 18,000 SF, with approx. 2,600SF of terraces. Recent retail comparables have achieved over $150 SF. Condo sales in the area have commanded a range of $1300-$2300 PSF for 2010.

The exterior is unique patterned brick panels. Amenities include radiant heat walnut flooring, Italian Schiffini kitchens, oversized sound insulated tilt and turn windows, and stone countertops. Floors 4 thru 12 have Empire State Building views. The plans call for private key locked elevators, concierge, doorman, and private storage units.

This project is perfect for a developer or end user. Estimated cost to complete is $2,000,000. 421 A in place. 290 Mulberry is directly across the street from the world famous Puck Building in the heart of NoLIta, one of Manhattan’s hottest neighborhoods

There's a complicated history... Curbed provides a nice summation here. And perhaps the new owner can slap on a coat of paint.


Lisa said...

"Breathtaking"? In what way is this nondescript pile of brick and glass breathtaking? The gasp of amazement at how ugly it is upon first espying it?

This crock takes realtybabble to a whole new level of absurdity. wasn't sure that was possible, but I see I've been proven wrong.

Anonymous said...

And not to mention the beautiful view and lovely sound coming from Houston Street below!

Anonymous said...

erm.... 2 points. Why would a developer buy a building that is just about finished being developed?

And how is a ground floor retail plus 9 floors of apartments equating to a 12 story building??

Aside from that, it's not the most beautiful, OR the ugliest building I've ever seen. It's just a bit... meh.

Bowery Boy said...

I want to know how much paint mixing it took before they got the color of this building to so exactly match turd.