Pricey Pads

Limestone Loft Mansion – $49,500,000

Limestone Loft Mansion – $49,500,000

Limestone Loft Mansion – $49,500,000
February 26
10:59 2013

5cbdddc8-dd5e-471a-a7fb-a862a67b85eaLimestone Loft Mansion

Tribeca, New York, United States

Built in 1862, and recently gut renovated to the highest standards, this exceptional limestone LOFT MANSION located in the heart of Tribeca is a one-of-a-kind masterpiece.  With 30,000 sq. ft. of usable interior space, this is one of the largest and most beautiful properties to ever become available downtown.

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Built 41ft x 109ft with six floors above grade and two floors below grade, this property has been completely renovated both structurally and cosmetically to retain the structure’s original character.  The grand proportions of this building, with ceiling heights ranging from 12-17 feet, huge windows and multiple skylights bathe all areas with superb light .

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Brand new mechanical systems and an elevator are in place, as well as top-of-the-line appliances, fixtures and hardware.  The building features an owner’s penthouse (approx. 11,000 sq. ft. of living space) on the 4th, 5th and 6th floors with an extraordinary, fully landscaped roofdeck and terrace (2,775 sq. ft.).

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This Penthouse also comes with a private gym and half basketball court in the basement (2,650 sq. ft).  The property generates substantial rental income from two floors of meticulously renovated rental units (2nd and 3rd floor, 4000 sq. ft. each) that if desired can be delivered vacant, and a high end showroom on the ground/retail floor with a half basement (7,750 sq. ft.).

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This is an entirely unique opportunity to purchase an elegant and classic loft building in triple mint condition that is also suitable for a Condominium conversion: retain the penthouse and sell the remaining units.

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Price: $49,500,000
House Size: 23,100 Sq. Ft.
Lot Size: n/a
Bedrooms: 8
Bathrooms: 10
Specialty Items: Built in 1862, Fully Renovated, 30,000 Sq. Ft. of Usable Space, 8 Floors, 12-17′ Throughout, Owner’s Penthouse.
Address: 144-144 Duane Street, Tribeca, New York, United States

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Z - Douglas Elliman

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