$10,000,000
Updated 7 years ago
Off Market

18R Spring Street

Soho, Manhattan | Elizabeth Street & Mott Street

10 Rooms5 Beds5 Baths3,808 Square FeetMulti-Family

$10,000,000
floors / apts5 / 5
Lot Size23'x53'
Built Size23'x35'
ZoneC6-2
Building TypeTownhouse
RE Taxes$32,868
Price Per SF
$2,626

Outdoor space and views

  • Garden

Building Amenities

  • Garden

Property Description for 18R Spring Street

Rare opportunity to purchase a Carriage House in the heart of New York’s most vibrant neighborhood, NoLita.


Entering through the 18 Spring Street entrance, one will be greeted by a tranquil garden as you approach the carriage house. Currently configured as a five story multi-family, this is a rare chance to own an income generating asset, convert to a condominium, or construct your own spectacular single-family home. Subject to approvals, the approximately 4,000 square foot building also includes nearly 3,000 square feet of air rights.


Measuring 23' x 35' on a 53 foot lot this home is a rare jewel, set back from Spring Street, tucked away from the public. Nestled between surrounding boutique buildings with its own private garden, the carriage house is a hidden oasis and a rare opportunity for the discerning buyer.


Please note, the interior photos are of one of the 5 apartments that has since been further renovated, and there are currently 2 rent stable tenants in place. The virtual rendering demonstrates just one of many proposed alternate layouts and is subject to approval.

Listing History for 18R Spring Street

Now
01/16/2020
POM by Stephen Ferrara
Compass
2020

Building Details for 18R Spring Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts5/5
Learn More About the Building

Transit and Citi Bike

Subway

Bowery
0.09 miles
Spring St
0.13 miles
Grand St
0.22 miles
Prince St
0.25 miles
Broadway-Lafayette St
0.28 miles

Citi Bike

Kenmare St & Elizabeth St
0.05 miles
Cleveland Pl & Spring St
0.13 miles

Contact Agents

Contact Agents

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: 75966TH