Manhattan Loft Guy

May. 22, 2007 - Tribeca at $1,000/ft (or less) � 261 Broadway 5E is new

Transportation options don’t get much better than at 261 Broadway (opposite City Hall), with every Manhattan subway that gets that far downtown passing with a couple of blocks. Unit #5E (the first listing at http://www.nyctribeca.com/) is newly for sale this week, asking $1.295mm (and $1,101/mo) for what is said to be 1,260 sq ft. Yes, it is barely Tribeca, but it is also barely over $1,000/ft (maybe it will trade for less).

Regina Wierbowski is rather stingy with web pix (and no floor plan), but she ain’t bragging about the finishes or kitchen or bath (only one bath; second can be added) or recent renovation. So don’t count on a dazzling interior.

Foot print will be the same as #7E , which looks to me from Property Shark as though it sold last August for $1.15mm (it took one year plus two firms to sell); based on similar descriptions of 5E and 7E, the two floor plans may be similar.

Regina has a contract on #3B in the same building (the listing below 5E on her home page, above), which she seems more willing to brag about. It is asking $1.275mm (and $1,449/mo) and is probably 1,200 sq ft. #12B should have the same footprint (claimed to be 1,200 sq ft ) and is offered (and in contract) through Lisa Wong at PruDE for $1.545mm (and $1,567/mo) for a gut renovated unit with “movie set views” and killer kitchen and baths.

Open Houses for #5E

Thursday 1:30-3:30

and Sunday 1:30-3:30

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Manhattan Loft Guy

May. 22, 2007 - Tribeca at $1,000/ft (or less) � 261 Broadway 5E is new

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