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

112 Prince Street, #2FL

$4,000,000 ($1,600 per ft2) -27.2% | 3 beds, 2.5 baths | Approx. 2,500 ft2
184 days on Market

Key Details

  • Listed: Feb 16, 2022
    Last Price Change: +11.1% ($400,000) on Aug 10
    Days on Market: 184
    Building Type: Cooperative
    Neighborhood: SoHo (Manhattan)
    Listing viewed 1,098 times
Monthly Maintenance: $2,722 ($1.09/ft2)
Total Taxes & Fees: $2,722 ($1.09/ft2)
Est. Monthly Mortgage: $18,129
Total Est. Monthly Carrying Cost: $20,851 ($8.34/ft2)
Note: the above is based on a down payment of 20% ($800,000), which is the minimum amount permitted by the building.

Description

It’s not often you have the opportunity to acquire an art piece as well as a home. The second floor of 112 Prince Street is a true contemporary masterpiece crafted by world renowned photographer, director and conceptual artist Michael Somoroff and acclaimed architect Stephen Wanta. Available for the first time in 25 years, this work of art is one of the most singularly unique properties, not only in Soho, but in all of NYC.

Situated on the corner of Prince and Greene Streets, this floor through keyed elevator loft overlooks the classic architecture that defines the Cast Iron district and boasts an abundance of irreplaceable authentic details including restored wooden-beam ceilings, cast iron columns, wooden framed windows and 13 foot ceilings heights. Sitting at an impressive 36’ feet wide, the landmarked Cast Iron building lends itself perfectly to house this conceptual loft, expressing the tale of two distinct design periods. Upon entering the home you are greeted with dramatic sculptural volumes and and expansive great room showcasing 6 oversized wooden framed windows bathing the loft in all day light.

The living and dining space is designed in a post-modern style with impressive floor-to-ceiling sculptural volumes, individually crafted in Italian Marmoline by artisans on-site. These volumes flank an architecturally notable perimeter around the dining room, kitchen, and expansive entertaining area to the northern point of the loft. Raised gently to provide a stage for social gatherings and offer additional storage, the ’stage’ is set in front of the impressive library and expertly designed home office.

Adjacent to the great room is the dining room and eat-in-kitchen outfitted with best in class appliances, an incredible amount of storage and an abundance of counter-space. Following the natural geometric flow of the lofts design, you head to the Southern portion of the loft where you will find the laundry room and keyed elevator entrance. Flowing into a more classical design style, the primary bedroom features an en-suite bathroom, standing shower, deep soaking jacuzzi tub and plenty of space to live out your artistic dreams in the heart of Soho.

Additional features include central air conditioning, common roof deck for residents and additional storage in the basement.

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Listing Agent (Seller's Representative)

Similar Apartments Nearby

 

Pricing History

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About 112 Prince Street

74

112 Prince Street has received a CityRealty Rating of 74, 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

25
Out of 44
+
26
Out of 36
+
13
Out of 39
+
10
=
74
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
High-End 5 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:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Not Allowed 2 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:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 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:
Outstanding 5 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:
Considerable 1 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:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 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:
Some 0 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
1 5 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:
Some 1 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:
Yes 1 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:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points
  • Co-op
  • Built in 1900
  • 5 Apartments
  • 6 Floors
Pros
  • Very handsome SoHo Cast-Iron building
  • Prime SoHo location
  • Famous Richard Haas facade mural
  • Former studio of Maya Lin
  • Roof deck
  • Private storage
  • Convenient to art galleries
  • Convenient to Dean & DeLuca
  • Convenient shopping
  • Not far from subway
Cons
  • No bicycle room
  • No doorman
  • No concierge
  • No fitness center
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Subways

  1. N
  2. R
at Broadway 0.11 miles
  1. M
  2. B
  3. D
  4. F
  5. 6
at Houston 0.18 miles
  1. C
  2. E
at 6th Ave and Vandam 0.23 miles
  1. 1
at Varick 0.37 miles
  1. J
  2. Z
  3. Q
at Broadway 0.39 miles
  1. A
at Thompson 0.41 miles

Pricing comparison

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Listing provided courtesy of Serhant