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Manhattan Loft Guy

Aug. 30, 2007 - new + understated at 69 Murray

 
so new no web (yet)
The 8th floor at 69 Murray Street is so new as a listing it is not yet on Corcoran's website -- but when it is it should be here
 
Asking $2.35mm ($2,380/mo maintenance) for "1,800 sq ft" of a (love the soft sell here) "particularly nice full floor loft", now 2 BRs and 2 baths. It is a classic Long and Narrow with seven windows along one long side, but I read the floor plan as a 1 bedroom with two "sleeping areas".
 
The price represents a pretty good Tribeca premium, considering its South Tribeca location and (relatively) high maintenance for a coop without amenities.
 
no penthouse sale
A penthouse unit here was offered for a year and a half through 2006, starting at $3.2mm with several drops down to $2.35mm before being taken off the market. That one was said to be in mint condition, "1,700 sq ft" of duplexed space, and a tri-level terrace.
 
how much appreciation?
The last sale I see here was the 7th floor 2 years ago for $1.875mm. That was said to be "designed by a leading architect", but I don't see other information about its condition.
 
© Sandy Mattingly 2007
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