$1,910,000
Updated 11 years ago
Sold

242 Lafayette Street, 4-N

Soho, Manhattan | Spring Street & Prince Street

Loft 5 Rooms2 Beds2 Baths1,300 Square FeetCo-op

$1,910,000
Maintenance$2,350
Price Per SF
$1,469

This property was sold for $1,910,000 on 03/18/15.

Listing Features

  • Exposed Brick
  • High Ceilings [10.6']
  • Original Details
  • W/D Hookups
  • Oversized Windows
  • Dishwasher

Outdoor space and views

  • Partial City
  • East Exposure
  • North Exposure
  • West Exposure

Building Amenities

  • Voice Intercom
  • Elevator

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 242 Lafayette Street, 4-N

Just listed. Authentic Soho artists Loft. Bring your architect and create the Loft you have always dreamed of. This property is currently configured as an open plan studio space and can be converted into a two bedroom home. Features include pre-war detail, exposed brick and original tin ceilings that are 10' 6"+/-, and three exposures (N, E, W). Washer/Dryers are allowed. 242 Lafayette Street is a boutique eight unit elevator Co-Op with newly renovated lobby on Lafayette Street between Spring and Prince. It is located in Soho next to the Crosby Hotel. One Manhattan's most vibrant neighborhoods, Soho offers wonderful restaurants, shopping and transportation right around the corner. There is a reasonable board; pied-a-terres would be considered on a case by case basis, and the building is pet-friendly. First showing will be Sunday November 2nd from 1-3pm.

Building Details for 242 Lafayette Street

OwnershipCo-op
Building TypeLoft
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1910
Financing Allowed80%
Floors/Apts5/8
Learn More About the Building

Transit and Citi Bike

Subway

Spring St
0.03 miles
Prince St
0.11 miles
Broadway-Lafayette St
0.18 miles
Bowery
0.24 miles
Bleecker St
0.26 miles

Citi Bike

Cleveland Pl & Spring St
0.04 miles
Lafayette St & Jersey St
0.12 miles

Contact Agents

Contact Agents

Todd Vitolo
Corcoran

Soho | Manhattan

Quick Profile

Famous for its art galleries, designer boutiques, cobblestone streets and cast-iron architecture, SoHo has always been full of buzz - wowing both tourists and locals alike. It’s rich with history (more so than most neighborhoods). So, whether you’re a computer nerd, serial shopper or foodie, you’re guaranteed to find something exciting to do in this storied neighborhood.

SoHo is bounded by Houston Street to the north, Canal Street in the south, 6th Avenue to the west and Crosby Street on the east.

The neighborhood has gone through many ups and downs over its long history. Enough to make a voluminous history book. When the Dutch discovered Lower Manhattan, they came across indigenous people living on the island. Technically, the American Indians were the first Manhattanites and then the Dutch moved in making them the second original Manhattanites. 

After the Civil War ended, the west side of Lower Manhattan flourished because the shipping routes changed. Textiles and the need for all types of products increased. Warehouses and large lofts were built and replaced farmland to accommodate the commerce. Many of those buildings are still standing and give SoHo its unique character and charm.

The bustling commerce eventually stopped and in the mid 1800’s, well-to-do families began moving into SoHo. They built exquisite buildings, many of which are characterized by their cast-iron facades. Soon after it became residential, theatres, music halls and eateries followed. The wealthy eventually left and the once prosperous district began another decline.  

The 1960’s marks SoHo’s most definitive period. City planners lost their bid to build a major highway that would level a portion of the neighborhood and many historic buildings. After their failed attempt to revitalize SoHo, artists quickly moved into the empty lofts and warehouses. Some legally, and other move-ins, not so legal. The city turned a blind eye. Artists of all mediums working from their new creative spaces created a ripple in the art scene. It was such a ripple that the well-to-do uptown crowd started buying their art and hanging out with them. The uptown folks eventually moved into the neighborhood and began buying up the lofts and warehouses. As soon as the word spread, up went the property values and the rest is history. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1364561