combo job at 8 W 13 needs answers : Manhattan Loft Guy

Manhattan Loft Guy

Oct. 14, 2007 - combo job at 8 W 13 needs answers

Unit "9FRW" at 8 West 13 Street does not exist yet, but will exist after someone buys these adjoining units and combines them, after paying perhaps as much as the $2.495mm asking price (with maintenance of $1,505/mo).

As presented by Corcoran, the combination will be an unknown number of square feet, with 2 baths and 3 bedrooms. It is not surprising to see an offering for a combination with no interior pictures (assume you will gut the whole thing) but maybe you would keep a kitchen or bathroom - and wouldn't you want to know the footprint? Wouldn't you want to know where the plumbing is so you know if you can add bathrooms?? Wouldn't you want to know which walls should come down to meld the spaces???

Digging only a bit reveals an "F" unit currently for sale with pictures and floor plan and a "RW" unit recently sold, with web pix and floor plan still on line. Elise Ward of PruDE is representing #2F, which is "1,100 sq ft" of a "renowned designer's own home featured in multiple architectural publications", asking $1.5mm and $818/mo for all that renown. (I hit it when it came to market, on July 9: min to the (small) max / new at 8 W 13, when reader Jess outed that renowned designer.)

Unit 4RW was sold through Gabriella Winter and Alex Nicholas of Corcoran in August (for $991,700 after 10 months on the market) as "1,100 sq ft" of architecturally designed quiet space, so it looks as though the combination of an F and RW should yield 2,200 sq ft. I have trouble visualizing the layout of such a combination from the floor plans on the two listings, but others may find that easier. But it surely would be nice if you could see the foot print of "#9FRW" to assess where the combination would be, how the combo might flow, and how much flexibility the plumbing stacks provide. Sigh….

Interesting that #8F sold in January 2006 for $1.1mm - above the $995k asking price - as a bring-your-architect special. But for that sale, I would look at offering "#9FRW" for $2.495mm as a 2,200 sq ft combo that (probably) needs a total gut job as a big stretch. It is probably still a stretch, just not as far, for that fairly small set of buyers who would rather create their own space than buy someone's else's idea of a beautiful loft.

Even those buyers are going to want more information, nonetheless.

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Oct. 14, 2007 - combo job at 8 W 13 needs answers

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