Sale at 100 Wooster Someone ask for a raw space?

It does look interesting. When will you be showing it again? And is there any way to buy roof rights or create internal access to the roof?

It's not my listing, I was showing one of my clients.

I'm afraid to look at this one because I know I'd be tempted to do something stupid. Especially if you could get the roof rights.

Cc are high, but this could be a jewel in a really trendy neighborhood.

is the artist loft zoned for artists only? Thats why they want cash...heard some banks dont give mortgages to artist lofts unless u have a certifaction as artist?.fact or fiction?

Building has 4 units. Presumably harder to finance alongwith it being AIR. If some one is very liquid, does not mind AIR risk, and can handle gut renovation stress, manual elevator, it a great value.

Air risk? What is that?

Many lofts in soho are zoned such that at least one person living in the space has to be an artist certified by the City. The city currently does not enforce the rule. However, most coops will ask you for a letter which says that you are familiar with the rule. The worst case is that if the city decides to enforce this, non-artist owners may be forced to sell their lofts to a certified artist which will reduce the value as there are not that many certified artists or bankers married to certified artists who can afford the current spaces. I would not like to tie up most of my net worth in such a property but most people do not care as much especially of your home is not that big a percentage of your net worth. My estimate of current discount due to AIR is 10%-15%.

Whose listing is this? SE shows broker from Custom Brokers but it also shows up on Elliman's under Jason Caldwell

http://www.elliman.com/new-york-city/manhattan/soho/100-wooster-street--unit-5th/100-wooster-street/vjdmadw

Perhaps neither????

I lived in one of these types of lofts in the early '80's (should have kept it), and they are a B!TCH to heat. Unbelievably bad. Ours was heated only by a small metal stove in the middle of the room. Unless you huddled around it like a homeless person huddling around an oil can, you froze. Sleep is only made possible by an electric blanket.

On the upside, they are nice and cool in summer. At least ours was; 15 foot ceiling, wood floor, exposed brick, 2 foot deep windowsills. Fourth floor walkup.

Cold as heck.

Back to my '80's loft and why I'm glad I didn't stay; the facade started to go because of all the trucks. There were only 6 apartments and 4 little shops to absorb the cost.

I'm just sayin' . . .

UESaptowner: This listing is a "co-exclusive". Prudential Douglas Elliman is one of 2 listing brokers. I am the Elliman agent showing this listing. John Caldwell 415-203-6265.

@JOHN:

We'd love to see interior pictures. I am getting the impression it's a terrible wreck inside . . .

Can the space be divided and re-sold as separate apartments?

@needsadvice: imaging urban homesteading in the 1970s by an artist paying $200 rent and needing to build her own kitchen and bath. It was comfy in it's time but is now being emptied won't photograph well. Your attorney would have to review the by-laws on the subdivision question.

Man talk about bad timing. Imagine if someone put a cap in her azz in 2006 while she was selling black and whites of cityscapes at the corner of wooster and greene.

The owne would be up $2mm. More. Better hurry you could lose another $400k if u don't unload by 9/1. I think both borkers should be on their knees scrubbing.

Needsadvice, it's unlikely that you can subdivide because of the C of O.

Strange broker ads. One says 3000 sq ft and the other says 2500 sq ft. It looks more like 2300 sq ft so the price is about right.