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Manhattan Loft Guy

Jun. 25, 2008 - 23 days to nearly done (now done) at 19-21 Warren Street


brisk results
The Manhattan loft #2E at 19-21 Warren Street came to market at the end of February and had a signed contract 23 days later. It shows as Sold & Closed as of this morning (no clearing price available yet).

The 5 story loft was converted to condo in 1999 into the common 2 Long-and-Narrow units per floor, one east, one west. That was the time when Virtual Doorman seemed to gain some traction (didn't last, I don't think), so this one has that (potentially cool) feature. It is somewhat modestly named the Tribeca East (on the block that ends at City Hall Park), though it could just as easily be "Tribeca South".

not much bragging...
This one is said to be "1,602 sq ft", in "excellent" (presumably, original 1999) condition. Chef's kitchen, 12 foot ceilings, French doors, ceilings fans are pretty much the sole bragged-about points. The classic Long-and-Narrow layout has 3 windows in front, 4 in back, both bedrooms in back, with the plumbing running up the side that adjoins the west unit (of "1,619 sq ft") and common hallway. They were asking $1.85mm and $1,529/mo, and probably got it (or close).

There's a small "terrace" (balcony?) across the bedrooms, but that may not be such a plus on the second floor with the back of 9 Murray Street not very far away. (Check the bedroom photos.)

... but much appreciated
This seller paid $1.15mm in March 2004, a surprisingly large discount (to me) off the then-ask of $1.295mm. The only more recent sale in the building I see with a clearing price was #2W, which transferred only a year later (and only "17 sq ft" larger) for $1.515mm. (Which one is the anomaly??)


© Sandy Mattingly 2008


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on matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others, especially about New York City real estate

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