Immediate Occupancy for Tadao Ando-Designed Condos in NoLita; See Closings + Model Unit

152 Elizabeth Street (Model apartment photo via COmpass)

Thursday, Jun 21, 2018 By CityRealty Staff, CityRealty contributor

Three of the seven units in the Tadao Ando-designed condo at 152 Elizabeth Street have closed in the past couple of months, ranging in price from $5.5 million to $14.65 million, with an average price/ft² of $3,298. The price/ft² is well above the neighborhood average, which is $2,123 so far this year, according to data from CityRealty.

The concrete-and-glass boutique condo in NoLiTa is the first building the Pritzker Prize-winning Ando has designed outside of Asia, and its form exemplifies Ando’s minimalist aesthetic.

The priciest unit in the building, the penthouse, was listed for $35 million and has four bedrooms, 4.5 baths, and three private terraces, including one on the roof with a fireplace, kitchen, and a reflecting pool. It went into contract in November but has not yet closed; the buyer is reportedly Matt Cohler, an early Facebook employee.

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The full-floor unit #4 is available or $15 million (Compass)

The three-bed 2W is listed for $6.5 million

The 2-bedroom #2E is listed for $5.985 million

The three remaining units in the building not in contract range in price from $6.5 million to $15 million.

The celebrated architect landed the commission for 152 Elizabeth Street from development startup Sumaida + Khurana, which picked up the site for $21 million in 2014.