$640,000
Updated 9 years ago
Sold

71 Sullivan Street, 2-D

Soho, Manhattan | Broome Street & Spring Street

3 Rooms1 Bed1 BathCo-op

$640,000
Maintenance$942

This property was sold for $640,000 on 06/13/17.

Listing Features

  • Custom Closets
  • Exposed Brick
  • Dishwasher
  • Open Kitchen

Outdoor space and views

  • East Exposure
  • West Exposure

Building Amenities

  • Voice Intercom

Policies

  • No Dogs. Cats Allowed.

Property Description for 71 Sullivan Street, 2-D

The best layout in the best location! 71 Sullivan #2D is a tastefully renovated loft-like one-bedroom apartment only one flight up in a six story historic building. The open kitchen was recently renovated with a Liebherr fridge, Fisher & Paykel dishwasher drawers, Bertazzoni Oven, and Farrow & Ball wallpaper on the ceiling. Additional features of the apartment include 11'1" ceilings with built-in cabinets that maximize storage space, living space with exposed brick and view onto charming Sullivan Street, and a windowed bedroom that can fit a queen bed with a new custom closet.Located in the heart of SoHo and in close proximity to all the high-end shopping and dining SoHo has to offer! This block of Sullivan Street is the most up-and-coming block in the newly landmarked South Village. 10 Sullivan & 73-75 Sullivan are the two newest luxury residences in the area.71 Sullivan is a terrific investment and rare find for SoHo because it owns its two retail storefronts that account for 48% of the operating budget. The maintenance of $942 is more than 85% tax deductible (mortgage interest, property tax, STAR and co-op abatement).Financing is available in the building by all major banks. Cats are OK & dogs are allowed with Board approval. No investors or pied-a-terres. Sublets are permitted after 4 years of ownership with board approval. FIRST OPEN HOUSE February 9th. owner/broker

Building Details for 71 Sullivan Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1897
Financing Allowed80%
Floors/Apts6/21
Learn More About the Building

Transit and Citi Bike

Subway

Spring St
0.1 miles
Canal St
0.19 miles
Houston St
0.26 miles
Canal St
0.29 miles
Prince St
0.31 miles

Citi Bike

W Broadway & Spring St
0.1 miles
W Broadway & Watts St
0.11 miles

Contact Agents

Contact Agents

Jill Meilus
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: 1085640