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108 Wooster St. 5A, New York, NY 10012

$2,200,000
Active Listing
Listing Details:
$2,200,000 Price
Co-op Property Type
SoHo Neighborhood
2 Beds
2 Baths
-- Approx. Sq. Ft.
$1,500 Maint/CC
Key Features:
Prewar
Elevator
Laundry
Allows Pets
Storage
Unit Laundry
Description:

Live for Free in a Luxury Loft with an Income Stream in the Heart of Soho!

As you enter this stunning home, you are greeted by many of the hallmarks of authentic loft living: 9’6” ceilings, massive wood beams, cast iron columns, exposed brick, and a wall of west-facing windows overlooking one of Soho’s best cobblestoned blocks.

The newly renovated space features two great rooms, each with a separate entrance to the building’s hallway, connected by a spacious home office/den area. The northern wing is used as the primary sleeping space and features a renovated bathroom and tremendous custom-outfitted closet space. The southern wing features a large renovated kitchen, an oversized full bathroom, washer/dryer and a built-in Murphy bed.

A clever custom sliding bookshelf system can separate the northern wing and home office from the southern wing, allowing the owner to generate revenue via AirBNB (or other short-term rental service). Please contact the exclusive listing agent for additional details about this.

Also included in this purchase, at no extra cost, is one of the building’s rarely available giant storage rooms - a 225sf room in the basement with 10’ ceilings.

108 Wooster Street has extremely low maintenance, strong reserves and a newly renovated hallway, entrance, lobby and elevator. Shareholders receive substantial quarterly dividends from the co-op due to the high income generated by its ownership of the four retail spaces. The building is also investor-friendly, allowing for immediate subleasing with no application, fees or board approval. Perfect for a 1031 Exchange. Up to 80% financing permitted. Pet friendly!

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