$4,995,000
Updated 5 years ago
Off Market

106 Spring Street, 2-N

Soho, Manhattan | Mercer Street & Greene Street

Loft 3 Rooms1 Bed2 Baths3,500 Square FeetCo-op

$4,995,000
Maintenance$2,556
Price Per SF
$1,427

Listing Features

  • Architectural Dtls
  • Combined Apartment
  • Duplex
  • Exposed Brick
  • Full Floor
  • High Ceilings [14']
  • Private Elevator
  • Washer / Dryer
  • MultiPaned Windows
  • Dishwasher
  • S Steel Appliances

Outdoor space and views

  • City Views
  • East Exposure
  • North Exposure
  • West Exposure

Building Amenities

  • Virtual Doorman
  • Keyed Elevator
  • Storage

Policies

  • Pets Allowed

Property Description for 106 Spring Street, 2-N

Located at the highly desirable corner of Spring and Mercer Streets in the heart of SoHo, #2N at 106 Spring Street is a magnificent duplex that offers bones of the highest order and whose main level boasts 14-foot ceilings, thirteen wrap-around custom 10-foot mahogany double-paned windows and beautiful, original cast-iron columns. Currently configured as a well-maintained artistically designed loft, #2N is an updated residence with charm to spare and approximately 2,500 square feet of endless possibilities on the primary floor, along with approximately 800 square feet on the upper level. The spacious, corner living room has five grand, 10-foot high white-washed double pane mahogany windows and original Maple hardwood floors. Please see the proposed alternative plan to get a sense of what a potential 3BR layout can look like and consult your architect to confirm square footage and to discuss the endless and extraordinary possibilities.

Built in 1896 and overflowing with character, 106 Spring Street is a boutique twenty-unit two building complex with keyed-elevators and video intercom security. The low maintenance cost of only $2,556 is realistically sustainable, as the coop owns one of the two commercial retail spaces which is expected to produce significant income in the near future. A current TEMPORARY assessment is in place of $943.75 a month for capital improvements but when the 4,500 SF retail space is leased , the co-op expects to offset the assessment with the projected income. The building is in process of updating the Building entry and lobby. Pets are permitted. The board is open to Pied- -terre and subletting. Steam heat, gas service and hot water are included in the maintenance. The N, R and W trains are approximately two blocks away at Prince Street and the 6 train at Spring is about the same distance away; B/F/D/M subways at Broadway-Lafayette are approximately four blocks away. The most luxurious shopping, fine dining and nightlife sit at your doorstep.

Listing History for 106 Spring Street, 2-N

Now
03/25/2022
TOM by Gabriel Leibowitz
Douglas Elliman
02/21/2022
$4,995,000 [-$1,000,000] [16.7%]
Price Drop by Gabriel Leibowitz
Douglas Elliman

Building Details for 106 Spring Street

OwnershipCo-op
Building TypeLoft
Service LevelVirtual Doorman
AgePre-War
AccessKeyed Elevator
Year Built1900
Financing Allowed80%
Floors/Apts6/10
Learn More About the Building

Transit and Citi Bike

Subway

Prince St
0.13 miles
Spring St
0.16 miles
Broadway-Lafayette St
0.23 miles
Spring St
0.29 miles
Canal St
0.29 miles

Citi Bike

Mercer St & Spring St
0.02 miles
Greene St & Prince St
0.12 miles

Contact Agent

Contact Agent

Gabriel Leibowitz
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: 160706