Co-op, 59 Wooster Street #2, SoHo-TriBeCa-Civic Center-Little Italy - Real Estate New York

Description

By Appointment Only. It is rare in NYC to come across an exquisite loft space of 7500 sq. feet. This grand loft can be used as either a residential or commercial space – or the ideal combo, live/work. 59 Wooster Street, a co-op landmark building, is in the heart of Soho. The full-floor loft has recently undergone very significant improvements, including restoring, painting and skim coating all walls, the replacement of all 20 massive windows, as approved by the NYC Landmark Commission, a complete renovation of the bathroom to include a new sink, toilet and tiles, plus a major, costly infrastructure project – modernizing and upgrading the air conditioning operation to cover the entire footprint of the loft. The ceiling height is over 12 feet, and the space is light-filled. The elevator leads directly into the space. The loft is currently used solely as a commercial enterprise, and includes a very large storage space. Unlike many spaces in Manhattan, this loft is highly flexible and its large wide spaces can be reconfigured to address any particular needs. Although there are some upgrades to be addressed, this loft has immense potential and can be a significant investment opportunity. Designed by Alfred Zucker and completed in 1891, this Romanesque Revival building is one of the most prominent buildings in Soho. The loft provides both southern and eastern exposure through magnificent arched windows. The facade has recently been greatly improved and restored. Its adobe-colored exterior is an absolute standout on the streets of Soho. Flip Tax is 1.5% There is an art gallery tenant in the place. The lease expires in December, 2025. Listing courtesy of Compass ...
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