$6,500,000
Updated 3 years ago
Off Market

18 Spring Street, CARRIAGE

Little Italy, Manhattan | Elizabeth Street & Mott Street

12 Rooms4 Beds5 Baths4,500 Square FeetCondo

$6,500,000
RE Taxes$3,207
Price Per SF
$1,444

Listing Features

  • BuiltIns
  • Entry Foyer
  • Ground Floor
  • Hardwood Floors
  • Home Office
  • Penthouse/Top Flr
  • W/D Hookups
  • Eat-in Kitchen
  • Galley
  • Microwave
  • Open Kitchen

Outdoor space and views

  • Garden
  • Private Roof
  • North Exposure
  • South Exposure

Building Amenities

  • Voice Intercom
  • Laundry Room

Policies

  • No Pets

Property Description for 18 Spring Street, CARRIAGE

As seen in the New York Times, New York Mag and more. Tucked away at the rear of a classic NoLita tenement building, access the iconic Carriage House at 18 Spring Street through its lush private garden. Located in a most coveted downtown location, the building is 23' wide by 35' deep on a 53' lot and currently configured as five units across five stories: one studio, three floor-through one-bedrooms, and one duplex one-bedroom. As built, the property is 4,500 square feet, but an additional 2,903 square feet of unused air rights are available subject to relevant DOB approvals. Originally built in 1920, the whimsical brick facade has been well-maintained over the last century and its unique position between buildings affords it complete privacy from the bustling city so nearby. The building represents a unique opportunity for the discerning NoLita buyer to own an incredible piece of New York City real estate that may serve as an income-producing property or a rare single-family home, subject to relevant New York City and State building and housing regulations. Amongst the most sought-after downtown locations, Spring Street between Mott and Elizabeth is moments from the many prized conveniences of lower Manhattan. Additional notes: the virtual rendering provided is purely for marketing purposes; its execution would be subject to relevant DOB approvals. Two of the five apartments have rent-stabilized tenants in place.

Listing History for 18 Spring Street, CARRIAGE

Now
03/06/2024
TOM by Nick Gavin
Compass
2024

Building Details for 18 Spring Street

OwnershipCondo
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1905
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

Bowery
0.09 miles
Spring St
0.13 miles
Grand St
0.22 miles
Prince St
0.25 miles
Broadway-Lafayette St
0.28 miles

Citi Bike

Kenmare St & Elizabeth St
0.05 miles
Cleveland Pl & Spring St
0.13 miles

Contact Agents

Contact Agents

Nick Gavin
Compass

Little Italy | Manhattan

Quick Profile

It’s fitting that the neighborhood’s name is Little Italy because It’s been getting smaller for decades. The Italian immigrants that flooded New York City and built the vibrant ethnic enclave in the 1860s and 1880s eventually left for greener pastures, assimilating into other parts of the city or suburbs. The disappearance of Little Italy is a sad story as far as neighborhoods go, but it’s one that should be told. 

Little Italy once spanned 50 square blocks and represented the biggest population of Italian immigrants in America. But in recent years, it’s been squeezed by the growth of Chinatown and SoHo and muscled from the rebranding of other neighborhoods like NoHo and NoLIta. In fact, NoLita was the culprit that cut the neighborhood in two. Little Italy’s boundaries may vary depending upon who you ask. Today it’s down to just a few blocks along Mulberry Street. 

One of the best ways to experience Little Italy is through its food. Take your pick from mom-and-pop markets, meat and cheese shops, or authentic sit-down restaurants that offer the very best in Italian cuisine. 

Every September (since 1926), the neighborhood hosts the Feast of San Gennaro, which celebrates the patron Saint of Naples Italy. 11 days of food, colorful parades, music performances, and more food. The aroma of zeppole and grilled sausage can be smelt for blocks. Try planning your visit around this festive time. It’s well worth it. 

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: 2052900