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Manhattan Loft Guy

Jul. 26, 2007 - bidding war at 2 Prince / back story on NY Times loft Res Sales

 
a hot one has sold + closed
Today’s Residential Sales feature in the Home & Garden section of the NY Times features a NoLiTa loft that I talked about when it was new in March (two new at 1,200 sq ft / 10 Bleecker + 2 Prince), along with a 10 Bleecker Street loft that was also moving quickly.
 
Unit 4B at 2 Prince ended up closing for almost $200k above the asking price of $1.475mm. While the Times notes it was “on the market” 13 weeks, it took less than four weeks from the initial listing date to have the bidding war and reach a binding contract.
 
Here is the Times Residential Sales excerpt:
 
LITTLE ITALY $1.67 million
2 Prince Street (Elizabeth Street)
2-bedroom, 2-bath, 1,200-sq.-ft. condo in renovated prewar loft building; elevator; dining area, kitchen with granite counters and stainless steel appliances, study, exposed-brick walls, central air-conditioning, washer-dryer, 3 exposures; common roof deck in building; common charge $336; taxes $4,416; listed at $1.475 million (multiple bids), 13 weeks on market (broker: Corcoran Group)
 
© Sandy Mattingly 2007
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