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302 Elizabeth Street #3
Coop in Noho •  building info
2bd • 1ba
Sold price

$1,595,000

Description
The rarest of opportunities in the most coveted Noho location where central and East Village, Soho, Nolita and the Lower East Side converge. Available for the first time in 20 years, this fabulous artist's loft at the heart of downtown Manhattan is just moments away from everything the city's most vibrant and hip neighborhoods have to offer. Featuring a wall of oversized windows that overlook tree-lined Elizabeth Street, this sunny full floor home preserves the texture and appeal of a previous era, replete with pressed tin ceilings, wood floors, exposed and white painted brick. Approximately 1,300 SF, this expansive space preserves light and air throughout, perfect for those seeking a true and classic open loft. While this home is charming and full of character "as-is", it also has enormous renovation potential as the perfect blank canvas for a loft-lover's vision. A short two flight walk-up, the loft is currently configured as a two bedroom, one bathroom residence with a spacious open kitchen and oversized laundry and storage room. The layout can be easily reconfigured to accommodate an additional full bathroom. With generous ceiling heights and all four exposures, this is a unique opportunity with endless possibilities. Built circa 1905 as a horse stable, 302 Elizabeth Street was converted to a garage and warehouse in 1941 and to a boutique cooperative in 1996 with only five floor-through residential lofts. Located in the Noho East Historic District, this Landmarked building features a restored facade of decorative brickwork, bluestone, ornate cast iron columns and steel lintels. This final northern block of Elizabeth Street ends at Bleecker creating a peaceful tree-lined oasis that rarely sees through traffic. Seldom will you find such a unique pre-war gem nestled on one of the city's quietest blocks in the "sweet spot" of vibrant Noho. Additional storage available. Pets permitted with board approval.

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Important Stuff
Washer/Dryer in unit
Listing Amenities
Dining Room
Outdoor Space
Roof Deck
History
What it'll cost
Purchase price
$1,500,000
Asking Price: $1,500,000
Term
30 Years
Down Payment
$300,000 (20%)
Min: 20% (300,000)
Rate
6.5 %
Mortgage Amount
$1,200,000
Mortgage Payment
$7,585
Maintenance
$1,950
Estimated closing cost
$22,000
Total monthly cost $9,535
Listing Courtesy of Compass

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