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Manhattan Loft Guy

Oct. 13, 2007 - FSBO open house at 125 Watts



125 Watts Street #4
$1.795mm and $1,975/mo for "1,829 sq ft" of "authentic Tribeca loft" with exposed beams and columns, 10 foot ceilings and at least some infrastructure for central air. The 12 windows give sunset views, though most are north. [update 11.28: this is now listed through Beth Bongar and Patty LaRocco of PruDE for $1.835mm]

The building was converted to a condop four years ago. The listing description for the 3rd floor, which sold 3 years ago, is still on Corcoran's website. That shows a classic Long-and-Narrow foot print, with all the plumbing concentrated on the east end, near the entry. As hinted at by the status of condop, Corcoran noted that shareholders receive income from the commercial tenant on the first floor.

The buildings across Greenwich Street to the west are 5-stories, but most of the next block to the west (between 125 Watts and the stunning river views) was bought by a LLC 19 months ago for $29mm. I don't know what the plans are to develop that block on West Street are, but if they have been made public I bet this owner/seller knows.

Open House Sunday Oct 14 1 - 2:30

(C) Sandy Mattingly 2007

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Nov. 27, 2007 - RE: FSBO open house at 125 Watts

Posted by bethbongar
take this down asap ., please it is my exclusive now different price .
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Nov. 28, 2007 - RE: FSBO open house at 125 Watts

Posted by Sandy Mattingly
BETH -- Rather than take down the blog post, I have added an update so that anyone who finds this post will know that you and Patty have the exclusive at the new price. Good luck! 
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Sandy Mattingly is Manhattan Loft Guy; now with The Corcoran Group, he can be reached most easily at Sandy@ManhattanLoftGuy.com or 917.902.2491, and followed on Twitter @ManhattnLoftGuy (note "mis-spelling"). Since March 2006, this blog has addressed matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others interested in New York City real estate.

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