$7,995,000
Updated 4 years ago
Off Market

138 Grand Street, PH-6E

Soho, Manhattan | Lafayette Street & Crosby Street

Loft 1 Bath4,412 Square FeetCo-op

$7,995,000
Maintenance$8,600
Price Per SF
$1,812

Listing Features

  • BuiltIns
  • Exposed Brick
  • High Ceilings
  • Live/Work
  • Open Space
  • Original Details
  • Penthouse/Top Flr
  • Oversized Windows
  • Skylights

Outdoor space and views

  • East Exposure
  • North Exposure
  • South Exposure

Building Amenities

  • Voice Intercom
  • Keyed Elevator

Policies

  • Pets Allowed

Property Description for 138 Grand Street, PH-6E

Awe-inspiring and authentic artist's penthouse loft located on one of the best and least commercial blocks remaining in SoHo, this may be one of the last of its kind. Penthouse 6E at 138 Grand Street presents an extremely rare opportunity for a discerning buyer to purchase raw artist's space and is being made available for the first time in almost 50 years. The longtime studio of a world-renowned artist, PH6E offers over 4400 square feet of OPEN SPACE and LIGHT and offers a one-of-a-kind opportunity to create an outstanding living/working space from a blank canvas. The right buyer has a free hand to completely customize this magnificent space to their own specifications. Roof rights are included in the purchase price.

138 Grand Street is SoHo's premier Cast-Iron Artist's Loft building, and PH6E is one of its brightest, most spacious lofts. Superbly located at the crossroads of Nolita and SoHo on the cobblestoned corner of Crosby & Grand Streets, 138 Grand Street is mainly owner-occupied by accomplished working creatives, one of the very few remaining addresses in New York City that retains this kind of significant artistic and architectural provenance.

This colossal loft's dimensions are almost 50 feet wide by 100 feet deep, with a 20-foot-inclined ceiling and original details. An Artists In Residence building, the unit does not require A.I.R. Certification. Giant, quiet, and flooded with sunlight. The loft features North, South, and East exposures, and enjoys views of the World Trade Center, 56 Leonard Street (the Jenga Tower) and the Centre Street Police Building, in addition to classic Soho cityscape views. A space like nothing else, the North wall provides almost 50 feet of oversized windows, while the South wall boasts giant skylights.

Built in 1890, 138 Grand Street represents the height of industrial design standards from the period. This majestic building is comprised of 17 original lofts with warehouse-like proportions and preserved historic detail throughout, including soaring ceilings, massive elevators, a stately iron-crested cupola, and a spectacular mansard roof. Beautifully maintained original industrial features throughout and sublime location. Flip tax paid by the buyer. Showings by appointment only.

Additional Details:

Entrance At 138 Grand Street
47.7 Feet Wide, 99.9 Feet Deep & 20-Foot-High Inclined Ceiling
Roof Rights transfer with the unit. Board approval on any renovations is required
Massive Skylights and Windows
Sun Drenched North, East and South Exposures
Exposed Brick Walls and Original Wood Columns and Floors
Full Time Superintendent
Skyline, World Trade Center, 56 Leonard and Police Building Views
Extremely Quiet
Live/Work, Pets Allowed, Key-Locked Elevator
Landmarked Building

Please Note: Some Photographs Are Virtual Renderings

Listing History for 138 Grand Street, PH-6E

Now
12/16/2022
TOM by Michelle Larsen
Douglas Elliman
08/30/2022
Back on the Market by Michelle Larsen
Douglas Elliman

Building Details for 138 Grand Street

OwnershipCo-op
Building TypeLoft
Service LevelVoice Intercom
AgePre-War
AccessKeyed Elevator
Year Built1869
Financing Allowed80%
Floors/Apts6/10
Learn More About the Building

Transit and Citi Bike

Subway

Canal St
0.12 miles
Spring St
0.18 miles
Prince St
0.29 miles
Bowery
0.29 miles
Canal St
0.3 miles

Citi Bike

Lafayette St & Grand St
0.03 miles
Howard St & Lafayette St
0.09 miles

Contact Agent

Contact Agent

Licensed As
M Michelle Larsen
Associate Broker
License#:
10301216724
Company:
Douglas Elliman
Michelle Larsen
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: 1980496