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A blog from CityRealty (Links below will take you to the 6sqft site)

237 Lafayette Street, #4

$4,950,000 ($1,100 per ft2) -9.2% | 5 beds, 3 baths | Approx. 4,500 ft2

Key Details

  • Listed May 21, 2019
    Last Price Change -9.2% ($250,000) on Feb 10
    Building Type Cooperative
    Neighborhood NoLiTa/Little Italy
  • Monthly Maintenance $4,600

Description

NOT ALL SQUARE FEET IS CREATED EQUAL!!! INCREDIBLY RARE SOHO MEGA-LOFT HUGE LOFT WITH LOW MAINTENANCE! 3 EXPOSURES! 21 WINDOWS! 237 Lafayette Street, 4th Floor, Perfectly located between Prince and Spring Streets * A.I.R. Exempt. * Asking: $4,950,000. * Monthly Maintenance: $4600 monthly. * Approximately 4,500 Sq. ft. * 50 feet Wide by 90 feet Deep * East, West, and South Exposures * 21 Windows * 11'5" Ceiling Height * Concrete and Steel Building * One passenger Elevator & Two Freight elevators open directly into the Loft. This is an extremely rare opportunity for a discerning buyer to live in “as is”, or design & create the Architectural Digest Loft of their Dreams.

With East, West, and South exposures, and 20 windows, there is wonderful light and air, and many options for two to four bedrooms. 237 Lafayette Street has key-locked elevator access, two freight elevators, a video intercom security system, and low monthly maintenance. This sprawling full-floor 4,500+/- Sq. Ft.

Loft in an intimate, sought-after Coop is perfectly situated at the crossroads of Soho and Nolita! This authentic downtown loft gem highlighted by airy 11’5” ceilings, generous natural light and a massive open-concept layout is a classic beauty, brimming with striking industrial elements and high-end modern luxuries. The fabulous open floor-plan offers phenomenal living and entertaining space with architecturally-distinctive columns and coffered ceilings, beautiful hardwood floors, and a fireplace.

Plentiful oversized windows on triple exposures (west, east and south) brighten the interior and showcase stunning cityscapes overlooking Lafayette Street to the west, and southern views stretching out to the Freedom Tower. A sought-after living destination for true loft lovers, 237 Lafayette is an established, financially-sound cooperative with a visiting superintendent and new video intercom security system. The prime location in one of NYC’s most vibrant neighborhoods is in the heart of it all; minutes from trendy shops, cafes and restaurants, the New Museum, and public transportation.

Maintenance is $4,600/month. Pets and subletting are allowed. **Some photos have been virtually staged to show potential.

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Estimated Monthly Cost

About 237 Lafayette Street

57

237 Lafayette Street has received a CityRealty Rating of 57, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

15
Out of 44
+
24
Out of 36
+
10
Out of 39
+
8
=
57
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
No Canopy 1 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Exposed 0 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unrelated Base 0 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Average Mix 2 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
A Lot 0 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points
  • Co-op
  • Built in 1911
  • 20 Apartments
  • 12 Floors

Building Amenities

  • Pre War
  • Intercom
  • Elevator

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Pros
  • Prime NoLiTa location
  • Close to two small parks
  • Close to two subway stations
  • Pre-war loft apartments
  • Close to many restaurants
  • Close to many boutiques
  • Pet-friendly
  • Very close to fire-station
  • Few apartments
Cons
  • No roof deck
  • No garage
  • Some protruding air-conditioners
  • No doorman
  • No sidewalk landscaping
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Subways

  1. 6
at Lafayette 0.03 miles
  1. R
  2. N
at Broadway 0.13 miles
  1. M
  2. B
  3. D
  4. F
at Houston 0.19 miles
  1. J
  2. Z
at Delencey 0.22 miles
  1. Q
at Lafayette 0.32 miles
  1. C
  2. E
at 6th Ave and Vandam 0.45 miles
  1. A
at Thompson 0.46 miles
About this Building

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