Updated 4 years ago
Off Market
157 Spring Street, PH
Soho, Manhattan | Wooster Street & West Broadway
8 Rooms4 Beds3 Baths3,500 Square FeetCo-op
$8,750,000
Maintenance$4,400
Price Per SF
$2,500
Listing Features
- Corner Apartment
- Duplex
- Exposed Brick
- Full Floor
- High Ceilings [10']
- Home Office
- Laundry Room
- Penthouse/Top Flr
- Separate Dining Area
- Spiral Staircase
- Walk-in Closet
- Washer / Dryer
- Skylights
- Center Island
- Dishwasher
- Microwave
- S Steel Appliances
- Wine Cooler
- Double Vanity
- Marble Bathroom
- Soaking Tub
- Stall Shower
- Steam Shower
Outdoor space and views
- Private Roof
- South Exposure
- West Exposure
Building Amenities
- Voice Intercom
- Elevator
Policies
- Pets Allowed
Property Description for 157 Spring Street, PH
Introducing this exquisite, full-floor duplex Penthouse with exclusive rights to a superb private roof terrace that offers panoramic views. 157 Spring is a boutique 6 floor co-op situated in the heart of Soho. Featuring over 3,500 sq ft of interior living, and approx. 800 sq ft exterior space, this 4 bedroom, 3 bathroom home was curated and renovated to the most exacting standards with a modern sophistication and comfort in mind.
One arrives directly via key-locked elevator to either floor, welcoming into a sprawling corner great room that provides 18 deep-set windows that are divided between the two floors and flank both levels of the loft. This incredible duplex with superb ceiling heights, and a beautiful open chef-level kitchen bathed in natural light from 3 skylights. The kitchen boasts custom Italian cabinetry spanning the entire wall providing outstanding storage, a deep integrated sink, Miele stainless steel appliances including a 36" restaurant stove, a 24" secondary oven and a 24" microwave. There is also a full height Gaggenau wine refrigeration system, and a French exotic "Grand Antique" marble island that allows for additional seating flanking the dining room.
The enormous living area has 2 staircases. The larger sun-drenched corner staircase leads you to the downstairs bedroom wing, and an additional staircase that takes you directly up to the roof terrace. All sky lights have been engineered in London by one of the premiere glass and window manufacturers. Downstairs, one is surprised to find the tall and airy ceilings flanked by bright windows on each corner of the loft, with a sitting room, separate laundry room, and stunning designer finishes in both bathrooms and bedrooms. The primary bedroom is oversized, artfully designed with great storage, a large seating area, fireplace and a Statuary marble bathroom that is spa-level finish in function including a large steam shower. Exposed brick walls, amazing light and views-this property is rare.
Currently, this apartment's maintenance cost for this duplex, both floor 5 and 6, combined offers one of the lowest maintenance for this sized property at only $4,400. To offset the maintenance cost, this apartment receives a monthly income in the amount of $3,580.99 from an commercial tenant that continues until March 2027, and can be extended beyond March 2027 if voted upon by the co-op board. Each March, this supplemental income amount increases 3%. The co-op also receives the same monthly rental income of $3,850.99 which is used for building expenses. Video Intercom accessible as well as off-site super, located in the nexus of Soho, providing one of the best locations to be in downtown.
Please note, terrace photos are forthcoming.
One arrives directly via key-locked elevator to either floor, welcoming into a sprawling corner great room that provides 18 deep-set windows that are divided between the two floors and flank both levels of the loft. This incredible duplex with superb ceiling heights, and a beautiful open chef-level kitchen bathed in natural light from 3 skylights. The kitchen boasts custom Italian cabinetry spanning the entire wall providing outstanding storage, a deep integrated sink, Miele stainless steel appliances including a 36" restaurant stove, a 24" secondary oven and a 24" microwave. There is also a full height Gaggenau wine refrigeration system, and a French exotic "Grand Antique" marble island that allows for additional seating flanking the dining room.
The enormous living area has 2 staircases. The larger sun-drenched corner staircase leads you to the downstairs bedroom wing, and an additional staircase that takes you directly up to the roof terrace. All sky lights have been engineered in London by one of the premiere glass and window manufacturers. Downstairs, one is surprised to find the tall and airy ceilings flanked by bright windows on each corner of the loft, with a sitting room, separate laundry room, and stunning designer finishes in both bathrooms and bedrooms. The primary bedroom is oversized, artfully designed with great storage, a large seating area, fireplace and a Statuary marble bathroom that is spa-level finish in function including a large steam shower. Exposed brick walls, amazing light and views-this property is rare.
Currently, this apartment's maintenance cost for this duplex, both floor 5 and 6, combined offers one of the lowest maintenance for this sized property at only $4,400. To offset the maintenance cost, this apartment receives a monthly income in the amount of $3,580.99 from an commercial tenant that continues until March 2027, and can be extended beyond March 2027 if voted upon by the co-op board. Each March, this supplemental income amount increases 3%. The co-op also receives the same monthly rental income of $3,850.99 which is used for building expenses. Video Intercom accessible as well as off-site super, located in the nexus of Soho, providing one of the best locations to be in downtown.
Please note, terrace photos are forthcoming.
Listing History for 157 Spring Street, PH
Now
07/07/2022
TOM by Frances Katzen
Douglas Elliman
06/14/2022
$8,750,000
Initial Price by Frances Katzen
Douglas Elliman
Building Details for 157 Spring Street
OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1900
Floors/Apts6/5
Transit and Citi Bike
Subway
Spring St
0.16 miles
Prince St
0.21 miles
Canal St
0.27 miles
Spring St
0.28 miles
Broadway-Lafayette St
0.29 miles
Citi Bike
W Broadway & Spring St
0.03 miles
W Broadway & Watts St
0.12 miles
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: 1459137
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