710 Broadway is slimmer after holiday break : Manhattan Loft Guy

Manhattan Loft Guy

Jan. 9, 2008 - 710 Broadway is slimmer after holiday break

new price, new year, new luck?
The 2d floor at 710 Broadway is in its toddler stage, having passed its birthday a month ago. It took only 2 weeks off the market over the break of the year but is back today, at the slightly reduced price of $2.195mm. (It started at $2.5mm in December 2006, changed firms in March and has been at $2.295mm since April, with a long summer vacation off the market.)

My guess is that the change in year will be more significant to the (new) market’s reaction than the change in price, as it may be more helped by buyers newly in the market than by ‘old’ buyers being impressed by a $100k drop.

I am surprised to see that in all that time I have only mentioned this loft once (in an October open house review), especially as I have been in the loft.

tall Long-and-Narrow, with quirks
This “2,450 sq ft” space is relatively narrow at 21.5 feet, with the classic three windows in front (over Broadway) and in back; it is also tall enough (at 14 feet) to have a mezzanine over the kitchen and bathrooms with 2 sleep loft / office spaces. The footprint is challenging, so narrow that the 2d “bedroom” in the back is only 7.5 feet wide, with a long ‘dressing room’ between it and the window. The plumbing is in the middle of the loft, so the bathrooms are back-to-back and a long way from the bedroom.

There are no pictures of the kitchen or baths (and no bragging unless you count “jacuzzi”), which is consistent with my recollection that these elements are pretty dated.

under $1,000/ft hasn’t helped yet
On reflection, this one may be like yesterday’s #8A at 74 Fifth Avenue In that the layout may be a huge hurdle to attracting a buyer (74 Fifth back on market / ‘potential’ costs money). That one has more flexibility than this one, because this one is so narrow, and is marketed as bring-your-architect. I wonder how many lookers have commented “layout doesn’t work for me”….

© Sandy Mattingly 2008

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