Jun. 28, 2007 - bring architect +/or vision to open houses Sunday July 1
$1.625mm ($1,464/mo) for “1,800 sq ft” of “interior duplex” space
New to market this week
Interesting play of space vs. dollars here, with what looks like two 900 sq ft boxes on top of each other, with the lower level having some additional up-ing and down-ing (check the floor plan or – better yet – visit the space); some ceilings as high as 18 ft; needs updating (other than kitchen)
Open House Sunday 12 - 2
$1.795mm ($1,669/mo) for “2,000 sq ft” of move-in-OR-bring-architect space
On the market with Corcoran since January ($1.895mm), with Halstead the last 2 weeks
Empty space that can use a lot of work is always interesting (for how much work, just compare the present and not-so-radical alternative floor plans); ten windows, yes, but all on the long north wall
(N.B., #6N sold in February for $1.795mm, supposedly “beautifully renovated with an extraordinary attention to detail”)
Open House Sunday by appointment only – call 646.284.0873
$2.08mm~ ($1,393/mo) for 1,733 sq ft of ‘white box’ condo space
Same price since September (sponsor is stubborn or negotiable??)
“private and quiet, but not bright” (with only 4 windows, but iron columns and tin ceilings)
Open House Sunday 11 – 1
© Sandy Mattingly 2007
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Comments (5) :: Post A Comment! :: Permanent Link
View more entries tagged with: Broadway, West 24 Street, Duane Street, Architect, Open House, Renovation
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Jun. 29, 2007 - re: bring architect +/or vision to open houses Sunday July 1 |
| Posted by LoftLover |
I saw 40 W 24. The broker was very honest about the work that would be required in this place - you can work around the floorplan. However the building is not good - I would not want to live in that building. Also, when we went to check it out, there were people sleeping and I had to tip-toe into their rooms to check out the view outside the windows. It used to be a gym.
I think that if they clean the place, leave the rooms (instead of sleeping) during open houses, and decorate it a bit, it could sell for that price. Looks like (messy) bachelors live there, but I have seen worse! |
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Jun. 29, 2007 - re: bring architect +/or vision to open houses Sunday July 1 |
| Posted by LoftLover |
Sandy, I just realized that I confused this apartment with another one, and wrote the above comment which is a mistake. This is a different place from what I described in my comment above.
I remember receiving an email from the broker of this place. He was quite defensive about this place when I met him. I mentioned this place in one of my comments where I talked about how dirty the "basement" under the raised kitchen was. The basement opened up into a closet in a room and can be easily missed. Anyway, really bad floorplan. The Corcoran broker was fired and replaced with Halstead and the owners had to lower their price.
I remember giving the Corcoran broker a look like the owners were crazy to expect a price of $1.895 for such a bad floorplan, and that the basement was really dirty. He told me to go elsewhere because these were the rates in Chelsea. Guess who has the last laugh here! The place doesn't look like 2000 sq ft. I think that it would take at least $300K to do this place well. For one, I would not want to have the raised kitchen with the dirty basement under. Two, the master bath is badly made and too large and "corridor" like. So it would mean a lot of digging up, which is worse than building from scratch. |
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Jun. 29, 2007 - re: bring architect +/or vision to open houses Sunday July 1 |
| Posted by Sandy Mattingly |
THX for the clarification, LoftLover. I had been wondering about the gym remark.
Did anyone explain why the kitchen is 3 steps up at 40 W 24? I don’t recall having seen a raised kitchen or bath being raised that high before….
This is an interesting block – with Madison Square cutting off east bound traffic, it does not get much traffic after the (many) businesses close for the day. Madison Square is a great nearby amenity on one side, and all that development along Sixth Avenue (and the ridiculous traffic up Sixth Av all day and night) provides a lot of ‘action’ on the other side. But this block is almost secluded…. |
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Jul. 1, 2007 - re: bring architect +/or vision to open houses Sunday July 1 |
| Posted by LoftLover |
| No, the broker did not say why the kitchen was 3 steps raised. I have seen some raised bathrooms because you cannot construct on the floor and have to raise it, but raising it by 3 steps is unusual. When I asked about the basement, the broker said that they raised the floor to have a storage space underneath. Anyway, the place really doesn't look like 2000 sq ft. Also, does the second bedroom qualify as a bedroom? It has no windows. |
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Jul. 1, 2007 - re: bring architect +/or vision to open houses Sunday July 1 |
| Posted by Sandy Mattingly |
Yeah LoftLover, "2,000 sq ft" is a stretch for #8N at 40 W 24 St, but (presumably; hopefully) what the offering plan says. (The #6N listing said “approximately 2,000”; although #4N was sold three years ago as 1,950 sq ft.) Using the interior room dimensions, I get a box of about 1,600 sq ft (34 x 46 = 1,564, plus the little corner off the MBR).
The big limitation on the space is that all the windows are along one side. So that 2d "bedroom" is not a "legal" bedroom for marketing purposes -- though it is not illegal to sleep in there ;-) You must have seen many lofts with interior "bedrooms" - it is that common. Even in new condos, you will often see (say) 1,300 sq ft apartments with 1 bedroom and a "home office" with a closet that everyone understands will probably be used as a bedroom.
Edited by SandyMattingly on July 1, 2007 at 7:45 am |
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on matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others, especially about New York City real estate
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