Property Description for 22 East 18th Street, 5-E
LOFT LOVERS are a special breed... And if you love history, you'll fall in love. Step into the Circa 1900 landmark Flatiron building located on 18th Street between Broadway & Fifth Avenue. There are TWO entrances. Enter Loft 5-E through 22 East 18th Street. The Cooperative is also known as 18 East 18th Street Corporation with two separate entrances.
Loft #5E floor-through is approximately 3000 Sq Ft. (only $967pSF!). Occupied with care by only two residents in more than 50 years. The pristine 'white box' has been lovingly restored. The keyed elevator opens into the loft with soaring 12-foot ceilings anchored by five majestic, silvered cast iron Corinthian columns. Step inside this grand open space with light maple wood floors and walls of windows both north and south. The space is reminiscent of an art 'gallery' and at the same time warm and inviting, dripping in old New York history. The pristine loft had been re-created from a high-end haberdashery manufacturing space in the early 1900s into two+ large bedrooms and two bathrooms, an open kitchen with an island counter, laundry area, a windowed home office/exercise or 3rd bedroom alcove, and a grand open living room and dining.
Recently the well-over 50-year converted Primary Bedroom with a Bathroom suite was on a 4-foot raised platform which has been recently removed for intended owner's renovations. Now conveniently on one level, the bathroom plumbing is up-to-code and ready for the new owner's advantage to enhance and design. Here is an opportunity to create your own legacy. Bring your imagination along with your favorite Architect, Contractor, and/or Designer.
The18 East 18th Owners Corporation is a six-story self-governing cooperative with enormous potential. There are a total of 13 lofts with two separate entry lobbies: #22 & #18. There is a video security system, plus a keyed elevator and storage. The Cooperative began thorough restoration and improvements, including a future roof garden, just one flight up from #5E. This Flatiron Co-operative is located in a well-known, historical district with hidden gems, such as nearby Madison Square Park C.1847, Union Square Park C.1839, Rizzoli's Book Store located at The Saint James C.1836, Eataly located at 200 Fifth Avenue C.1839, Theodore Roosevelt's Birthplace townhouse C.1858, and the iconic Flatiron Building C.1902. The area is popular for shopping and design. Don't forget the open Union Square Farmers Market,, Whole Foods, Trader Joe's, too many fabulous restaurants and nightlife to mention here, plus convenient transportation with subways #5, #6, N, R, and more.
Note: Fin 80% allowed, but All-Cash preferred; $1M liquid after purchase; plus Bd reviews Buyer's REBNY Fin Stmt before Application to save you time; Seller pays flip tax.
Become part of New York history with this amazing Landmark C.1900 private loft #5E.
Love Where You Live.