Total Est. Monthly Carrying Cost:
$8,635 ($9.51/ft2)
Note: the above is based on a down payment of 20% ($279,900),
which is the minimum amount permitted by the building.
Description
Rare live-work artist’s loft with private storage in the historic seaport. Soaring 12’ ceilings.
A classic pre-war loft, 274 Water Street was constructed in 1867. This landmark, which is situated in the South Street Seaport Historic District, was refurbished into a luxury cooperative in 2010.
This distinctive first-floor loft is classified live-work, making it the ideal place as a residence or an artist’s loft. The apartment’s original post and beam construction, along with all of the ceiling joists, have been left exposed, allowing the new owner to customize the space any way they see fit. On the south wall, the original brickwork has been shown.
Residence #1F has an eastern exposure and lofty 12’ ceilings.
The washer and dryer from Frigidaire are stacked and vented. Features of the kitchen include a Bertazzoni stainless steel self-cleaning oven, a brand new Miele stainless-steel dishwasher, a Sub-Zero stainless-steel refrigerator, a single lever faucet with a deep double stainless-steel sink, and a custom backsplash made of glass tiles.
Bathroom amenities include a Toto Sana Gloss toilet, a Toto pedestal sink with a Dornbracht faucet, a Toto bathtub with Dornbracht controls, a shower wand, and a sunflower showerhead. The bathroom also has white Carrera marble flooring.
The loft also comes with a private storage area of 112 cubic feet located on the building’s lower level. Many restaurants in the neighborhood include small boutiques: The Paris Cafe (1873), Mark Joseph Steakhouse, and Il Brigante. Also, Pier 17 features Carne Mare, The Fulton, and Malibu Farm New York.
Lastly, the brand-new Tin Building by award-winning chef Jean-Georges just recently opened in the neighborhood with over five restaurants located inside.
You also have the unique opportunity to rezone to a commercial space in which one could create a restaurant, coffee shop, art gallery, etc. Please reach out regarding any questions or inquiries.
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