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Sopilia Soap Factory Condominium, 166 Bank Street, #6B

$3,495,000 | 3 beds, 2 baths
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20 days on Market

Key Details

  • Listed: Apr 12, 2024
    Days on Market: 20
    Building Type: Cooperative
    Neighborhood: West Village (Manhattan)
Monthly Maintenance: $4,342
Est. Monthly Mortgage: $19,397
Total Est. Monthly Carrying Cost: $23,739
Note: the above is based on a down payment of 20% ($699,000), which is the minimum amount permitted by the building.

Open house:

  • The afternoon of Sunday, May 5
By appointment only.

Insider Highlights

  • Flexible Layout: The loft features 3 bedrooms and 2 bathrooms with the potential to reconfigure the layout and add an additional bathroom. It also includes a separate den/media area and an open kitchen with extensive cabinetry, stainless steel appliances, and stone countertops.
  • Natural Light and Historic Charm: The loft is in a historic building, originally constructed in the 19th century as the Sapolio Soap Factory. It boasts oversized tilt-and-turn windows providing abundant natural light and a wood-burning fireplace.
  • Recent Upgrades: The property has recently undergone an extensive capital improvement program, with the building infrastructure updated for future installation of HVAC systems. The lobby has been updated and a ButterflyMX video intercom system has been added for increased security.
  • Prime Location: This spacious 2,400+/- SF loft is located in the prime West Village neighborhood, offering spectacular river and skyline views. It's conveniently situated near Hudson River Park, Little Island, The Whitney Museum, The Highline, and numerous dining and shopping options.
  • Excellent School District: The property is zoned for the highly-rated PS41 school district, making it an ideal choice for families.
  • Building Amenities and Policies: The building offers modern amenities including a video security system and elevator. Pets are welcome and pied-a-terres are considered.

Description

This classic corner loft with spectacular river and skyline views is a rare-to-find gem in one of the most prime locations in the West Village. Its sprawling entertaining space features jaw-dropping water, tree-top and sunset vistas through 5 oversized tilt-and-turn windows looking west to Hudson River Park, the Hudson River and the New Jersey skyline beyond. The 3 bedroom 2 bath layout can be reconfigured to add an additional bath and presents an amazing opportunity for the discerning West Village buyer in search of downtown loft character with extraordinary light and views.

At approximately 2,400+/- SF, the loft is an ideal size. The gracious square entry foyer leads to a truly impressive and expansive living space/great room, with a wood burning fireplace and a separate den/media area. With gorgeous exposures to the west and north, the room easily accommodates multiple seating configurations, including a large dining area.

The cozy den area could be converted to a fourth bedroom, if needed. The open kitchen is fitted with extensive cabinetry, stainless steel appliances (including a wine storage unit), and stone countertops with plenty of prep space for even serious cooks. All three bedrooms face north over Bank Street and also enjoy river and sky views. Down the hallway are two full bathrooms and a laundry closet.

This well-run cooperative recently completed an extensive, multi-year capital improvement program that included not only facade restorations and roof work, but also updating the building infrastructure with the addition of rooftop steel dunnage and conduits to each unit, for owners’ future installation of central or heat-pump HVAC systems. This means that the large mechanical room in the apartment can be significantly reduced, which will add to the usable square footage and allow for an en-suite primary bedroom. There is an ongoing monthly capital fund contribution of $385. Originally constructed at the end of the 19th century as the Sapolio Soap Factory, 166 Bank Street was converted to a 30-unit cooperative in 1981.

The building has an updated lobby and a ButterflyMX video intercom system, which allows you to accept packages or grant lobby access from your smartphone. Located in the coveted West Village, 166 Bank Street is convenient to an array of amenities including Hudson River Park, Little Island, The Whitney Museum, The Highline, and the extensive dining and shopping options of New York’s most charming neighborhood. Zoned for PS41 school district.

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Listing Agent (Seller's Representative)

Listing courtesy of Compass

Pricing History

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About Sopilia Soap Factory Condominium, 166 Bank Street

Building Amenities

  • Conversion Year: 1981
  • Pre War
  • Video Intercom
  • Elevator

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Subways

  1. 1
at 7th Ave 0.39 miles
  1. A
  2. C
  3. E
  4. L
at 8th Ave and 14th 0.45 miles

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