Cool Place of the Day
A: Its raining, its dark, its dreary, and as depressing as a Monday can get! So, why not dream what it would be like to have $4,000,000 at my disposal to buy a place like this PH unit at 10 East 14th Street in Union Square. Can someone please buy my blog for $3.8M?
This prewar loft unit was updated as CONTRACT SIGNED on June 6th, 2007 but was just sent out via an e-blast to the brokerage community as available? Perhaps a deal gone bad? Whatever the current status is, if its back on market or not, it's still digs I would like to call my home!
Some details:
10 East 14th Street; Apt. PH-7
First Came on Market: 5/15/2007
Asking Price: $3,995,000
maintenance: $1,902
RE Taxes: $919
Interior Size: 2,466 sft
Exterior Size: 2,000 sft Private Roofdeck (hot tub anyone?)
PPSF: $1,620/sft not including Private Roofdeck
Marketed By: Jon Isaacs of Core Group Marketing
Building Notes:
** The Union Square Lofts is comprised of two distinctive buildings located steps from Fifth Avenue, the South Building at 5 East 13th Street and the North Building at 10 East 14th Street.
** Building features include: High ceilings from 11-14 feet, sequence matched walnut paneling, wide plank flooring, state-of-the-art Kitchens.
Some photos for you to enjoy!
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Comments (7)
lets pool some money together and bid for it! Im good for $50K!
Posted by Jeff | July 23, 2007 1:42 PM
$1,600 a square foot? How do you know what the premium should be for the private roofdeck?
Location is adding to premium and so is the mint condition of property, but what would you add on for that outdoor space?
Posted by karl | July 23, 2007 1:47 PM
Why would you take a gorgeous, rare pre-war space and bring in Modern Fixtures???
I just...I just don't get it!!!
Posted by More Cowbell | July 23, 2007 1:54 PM
Location alone definitely allows for premium. Plus PH unit is obviously more desireable.
With some new devs without outdoor space asking 1200-1400/sft, even without great views, this seems not such a bad deal for asking price. Not sure what it was originally in contract for.
2,000 sft private outdoor space is certainly a huge selling point and I would think that alone could add $150-200 a sft in premium for the property on the open market, especially if that roofdeck is fully landscaped to reach its potential for useability and resale marketing value. Its just hard to find that kind of private amenity let alone in this location.
When it closes Ill be curious to see what it sold for to make a more accurate analysis of what premium outdoor space may have added.
Posted by Noah | July 23, 2007 1:56 PM
Oh Union Square. What a great place to live. One can dream.
Posted by billie | July 23, 2007 4:39 PM
Hey, Cowbell...some people have no desire to live in an apartment that looks like it was furnished in the 1920's. There's nothing wrong with wanting the quality of pre-war construction with modern amenities and style. You obviously DON'T get it.
Posted by some dude | July 30, 2007 12:25 PM
I've seen it, and it reminds me of my TV/cinematic ideasl of what a 60's LUXURY LUXURY LUXURY Manhatten apartment looked like...like on Family Affair, when Uncle Bill adopted two kids and a teenager to live with him and his very fat butler all in the same gorgeously panneled distinctly appointed, top of the line, super sexy apartment, and somehow, this apartment was so so big...that they never seeemed to get in echother's ways...it was a dream to me then, and that's what this plce looks like...PLUS...a veritable footbal field of outdoor...the neighborhood is full of these kinds of developments, and prices and high end emenities are raising on Union Square/the 14th street area as we speak.
Posted by LisaLisa | August 21, 2007 12:49 PM