$6,500,000
Updated 2 years ago
Off Market

18R Spring Street, CARRIAGE

Soho, Manhattan | Elizabeth Street & Mott Street

12 Rooms5 Beds5 Baths4,500 Square FeetCondo

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

Listing Features

  • Abundant Closets
  • BuiltIns
  • Entry Foyer
  • Floor-Through
  • Hardwood Floors
  • Home Office
  • Quadruplex
  • Spiral Staircase
  • W/D Hookups

Outdoor space and views

  • Private Roof
  • North Exposure
  • South Exposure

Building Amenities

  • Courtyard
  • Garden
  • Laundry Room

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 18R 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 18R Spring Street, CARRIAGE

Now
03/12/2024
TOM by Nick Gavin
Compass
2024

Building Details for 18R Spring Street

OwnershipCondo
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1920
Financing Allowed90%
Floors/Apts5/5
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

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: 2033908