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

157 Spring Street, #PH6

$8,750,000 ($2,500 per ft2) | 4 beds, 3 baths | Approx. 3,500 ft2
19 days on Market

Key Details

  • Listed: Jun 13, 2022
    Days on Market: 19
    Building Type: Cooperative
    Neighborhood: SoHo (Manhattan)
    Listing viewed 56 times
Monthly Maintenance: $4,400 ($1.26/ft2)
Total Taxes & Fees: $4,400 ($1.26/ft2)
Est. Monthly Mortgage: $39,789
Total Est. Monthly Carrying Cost: $44,189 ($12.63/ft2)
Note: the above is based on a down payment of 20% ($1,750,000), which is the minimum amount permitted by the building.

Open house:

  • Sun Jul 3 at 2:00 pm - 3:30 pm. By appointment only.

Description

Introducing this exquisite, full-floor duplex Penthouse with exclusive rights to a superb private roof terrace that offers panoramic views. 157 Spring is a boutique 6 floor co-op situated in the heart of Soho. Featuring over 3,500 sq ft of interior living, and approx.

800 sq ft exterior space, this 4 bedroom, 3 bathroom home was curated and renovated to the most exacting standards with a modern sophistication and comfort in mind.

One arrives directly via key-locked elevator to either floor, welcoming into a sprawling corner great room that provides 18 deep-set windows that are divided between the two floors and flank both levels of the loft. This incredible duplex with superb ceiling heights, and a beautiful open chef-level kitchen bathed in natural light from 3 skylights. The kitchen boasts custom Italian cabinetry spanning the entire wall providing outstanding storage, a deep integrated sink, Miele stainless steel appliances including a 36" restaurant stove, a 24" secondary oven and a 24" microwave.

There is also a full height Gaggenau wine refrigeration system, and a French exotic "Grand Antique" marble island that allows for additional seating flanking the dining room.

The enormous living area has 2 staircases. The larger sun-drenched corner staircase leads you to the downstairs bedroom wing, and an additional staircase that takes you directly up to the roof terrace. All sky lights have been engineered in London by one of the premiere glass and window manufacturers.

Downstairs, one is surprised to find the tall and airy ceilings flanked by bright windows on each corner of the loft, with a sitting room, separate laundry room, and stunning designer finishes in both bathrooms and bedrooms. The primary bedroom is oversized, artfully designed with great storage, a large seating area, fireplace and a Statuary marble bathroom that is spa-level finish in function including a large steam shower. Exposed brick walls, amazing light and views-this property is rare.


Currently, this apartment’s maintenance cost for this duplex, both floor 5 and 6, combined offers one of the lowest maintenance for this sized property at only $4,400. To offset the maintenance cost, this apartment receives a monthly income in the amount of $3,580.99 from an commercial tenant that continues until March 2027, and can be extended beyond March 2027 if voted upon by the co-op board. Each March, this supplemental income amount increases 3%.

The co-op also receives the same monthly rental income of $3,850.99 which is used for building expenses. Video Intercom accessible as well as off-site super, located in the nexus of Soho, providing one of the best locations to be in downtown.

Please note, terrace photos are forthcoming.

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Listing Agent (Seller's Representative)

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Pricing History

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About 157 Spring Street

  • Co-op
  • Built in 1900
  • 6 Apartments
  • 6 Floors

Building Amenities

  • Pre War
  • Intercom
  • Elevator

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Subways

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at 6th Ave and Vandam 0.16 miles
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at Broadway 0.21 miles
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at Varick 0.27 miles
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at Broadway 0.35 miles
One Manhattan Square
between Pike Slip & Rutgers Slip
Lower East Side
Enjoy breathtaking views and unparalleled amenities, including spa with 75-foot saltwater pool, hot tub, sauna and a tranquility garden.
Learn More
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Listing provided courtesy of Douglas Elliman - Manhattan