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Manhattan Loft Guy

Sep. 29, 2006 - more limitations of loft living / not so bright on Prince

 
limitations of the Soho style loft
There’s an open house this Sunday (1 – 2:30) at 113 Prince St #4ER offered by Wendy Maitland of Corcoran. It looks like a sweet “Soho style” loft, though I’d put it just outside Soho (the wrong side of Broadway) and it embodies the limitations of Soho lofts.
 
beautiful loft with old + new features
Said to be 1350 sq ft, this newly renovated loft sounds deliciously done (beautiful kitchen, new baths) with 13 ft tin ceilings and original (restored) floors. The ask is $1.595mm (a post-Labor Day price change of $100k) with the typically low maintenance (for a non-doorman building) of $933/mo.
What’s not to like?                                                                   
 
one wall of “light”
Well, the four windows are along the (short) North face, meaning that any second “bedroom” would lack windows. I am pretty sure the building just outside these windows is five stories, so light may be minimal and “view” non-existent – as the listing photos imply (like so many Soho lofts). The “bedroom” has windows, but is open to the rest of the space – which is a great use of space for a single person or couple, but problematic when there are guests or kids.
 
Labor Day pricing
It has been on and off the market since February, starting at $1.695mm. The $100k price change after Labor Day may not be enough to attract fresh buyers.
 
© Sandy Mattingly
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