Friday, August 14, 2015

What it costs 'to own one of the few remaining totally raw lofts downtown'



5 E. Third St. just east of the Bowery is new to the market. Here's the listing via Brown Harris Stevens:

Amazing opportunity to own one of the few remaining totally raw lofts downtown. This is the one you've been waiting for. A modern key lock elevator opens into this top floor loft in the historic Wyoming Arts Condominium, a boutique CONDO building of eight full floor residential lofts.

This ninth floor loft has 16 windows and four exposures. The wall of south facing windows give great light and views of sky, iconic water towers and the Bowery Hotel across the street. The bones of this generous space are superb. There is a full bath and an additional water closet providing the plumbing and waste lines for two baths. Restore the original wood floors and expose as much of the brick walls as you choose.



Price: $2.6 million.

The viewings start tomorrow.

Speaking of views, here's a look out a window to the southwest...



There is a 13-story, 30,000 square-foot mixed-use residential development going in on the northeast corner of the Bowery and East Third Street that might spoil the view from a few of the west-facing windows.

Images via Brown Harris Stevens

9 comments:

  1. New flash, rich folk don't go for "exposed brick walls" these days, actually nobody does.

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  2. This is not a raw loft.

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  3. Anonymous said...

    This is not a raw loft.

    That was my first thought; I actually looked at a place on the Bowery that was pitched to me as a "raw loft" in 1983, and there was exposed lath and plaster, exposed wiring—a real fixer-uppper. I was a student, wasn't handy, and didn't have any friends, so I had to pass; the guy was asking $800 a month, which at that time was a lot of money, even for a loft. (In those days the Bowery was still the Bowery, flophouses and all.)

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  4. And steps from the Third Street Men's Shelter!

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  5. That listing reads as if a view of "the Bowery Hotel across the street" was an amenity.

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  6. With all due respect - in my recollection the Wyoming was part of the Cooper Square Committee set of buildings. Why is it that the people in the Wyoming - who got the space for free with new electric et all supplied at taxpayer cost - why is it that they own their lofts and can sell them while the residents of the Cooper Square Committee apartments are simply tenants????

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  7. I am in love with the idea of owning or having owned this place. But I can't even think to aford just the momthly $1833 for the common charges and taxes. Whoa is me. Can't even dream of it. I wish to be Patti Smith at the Chelsea Hotel circa 1968? A job at the bookstore just don't cut it like it used to.

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  8. The whole block was Cooper Square as I recollect... 2.5 mil is a tidy profit indeed.

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  9. Ha- that entire 2.6 million dollar view will be gone when the hotel shit show, was I supposed to capitalize that, opens smack dab in the middle of that expanse.

    So raw!

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