$399,000
Updated 4 years ago
Off Market

The Dominick

246 Spring Street, 1002

Soho, Manhattan | Ave of the Americas & Varick Street

Studio 1 Bath422 Square FeetCondo

$399,000
Common Charges$1,817
RE Taxes$489
Price Per SF
$945

Listing Features

  • Entry Foyer
  • iPod Docking
  • Mezzanine
  • Wet Bar
  • Flr-to-Clg Windows
  • Dishwasher
  • Microwave
  • Marble Bathroom
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • City Views
  • East Exposure

Building Amenities

  • Full Service
  • Business Center
  • Elevator
  • Fitness Facility
  • Hotel Service
  • Pool
  • Resident Lounge
  • Roof Deck
  • Spa Services

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 246 Spring Street, 1002

A downtown Manhattan pied-a-terre with income to offset carrying costs for under $400K! The Dominick Hotel is Soho's only five-star hotel offering an array of luxurious amenities. This fully furnished condominium hotel unit includes floor-to-ceiling windows that beautifully illuminate the space, a luxurious king-size bed, a convenient wet bar, locked owner's closet, and state-of-the-art technology throughout. The beautiful marble bathroom offers a deep soaking tub, glass-enclosed shower with rain showerhead, and even a custom vanity with a TV. The hotel's fabulous amenities include fine dining at Vestry, Mezzanine for cocktails and more casual eats, an outdoor swimming pool and deck, indoor/outdoor relaxation lounges, a Babor Signature Spa, a state-of-the-art fitness center with Mirror workouts and Peloton bikes, and a 24-hour concierge.

Owners can occupy their unit up to 120 nights per calendar year and 29 days in any 36 day period. When unoccupied, the unit is rented out to hotel guests, allowing owners to offset carrying costs and generate income. Best of all, the unit is professionally managed year-round so owners don't have to do a thing but enjoy their time in NYC!

Financial statements for this unit are available upon request.This owner is also selling 3008 and would prefer a sale of both units to the same buyer.

Listing History for 246 Spring Street, 1002

Now
03/07/2022
POM by Katherine Cappello
Douglas Elliman
2022

Building Details for 246 Spring Street

OwnershipCondo
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built2009
Financing Allowed50%
Floors/Apts46/391
Learn More About the Building

Transit and Citi Bike

Subway

Spring St
0.1 miles
Canal St
0.19 miles
Houston St
0.19 miles
Canal St
0.32 miles
Prince St
0.41 miles

Citi Bike

Spring St & Hudson St
0.13 miles
Varick St & Watts St
0.13 miles

Contact Agents

Contact Agents

Katherine Cappello
Douglas Elliman
James Brune
Douglas Elliman

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: 1008743