Classic and Eclectic Prewar SoHo Loft for $11.5 Million

The New York Times

Chang W. Lee/The New York Times
March 6, 2015

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A four-bedroom loft on the second floor of 285 Lafayette Street, a sought-after prewar condominium conversion, is poised to enter the market for $11.5 million.

The monthly common charges for the 4,060-square-foot apartment, No. 2B, are $3,126; monthly taxes are $2,485.

A keyed elevator opens directly onto the rambling unit, which occupies the northwest corner of the building. Classic loft details, including a soaring ceiling, exposed wood beams, multiple cast-iron columns and tall windows, blend with eclectic design touches.

In the spacious master bedroom, a deep-soaking Waterworks tub is on display — a sexy focal point for the room, which includes a sitting area. One wall of the gallery-style living room is covered in a zigzag-pattern wallpaper from Osborne & Little. A brick wall in the dining area is painted gray and flecked with gold and silver, while the adjacent chef’s kitchen has dark-stained cabinets and high-end stainless-steel appliances.

“This is an exceptional opportunity to own a gorgeous four-bedroom family-size loft,” said Jessica C. Campbell, a real estate agent with Nest Seekers International, who is listing the apartment. “It’s a very adult loft,” she said, noting that it is “in an exclusive full-service condominium, in a coveted location downtown.”

The Lafayette Street building has a rooftop garden, a 24-hour concierge and full-time doormen. Located a block south of East Houston Street, at the eastern fringe of SoHo, it sits adjacent to the Puck Building, where a duplex penthouse with private terraces and a “yoga lawn” was recently listed for$66 million.

Once the Hawley & Hoops candy factory, 285 Lafayette Street was built around the turn of the last century andconverted to condominiums in the late 1990s by Allied Partners with the architects Costas Kondylis and WYS Design Partnership Architects. The first floor houses a branch of the New York Public Library, an American Apparel Factory Outlet and a luxury fragrance and beauty boutique.
 
Owners and residents at 285 Lafayette Street have included David Bowie and Iman, Courtney Love, and Lachlan and Sarah Murdoch.
 
Last summer, the Canadian actor Saul Rubinek sold an apartment on the second floor for $4.875 million, according to public records. In 2011, the hotelier Ian Schrager sold a penthouse there for $11 million.
 
The seller of unit 2B is Mitch Alfus, a.k.a the Leather King, the owner ofLibra Leather, a supplier of luxury leather and skins to designers and manufacturers. Public records show he paid $3.4 million about 10 years ago for the space, which was then configured as a three-bedroom. It now has four bedrooms, along with three and a half baths, a media den and a laundry room.
 
The lack of four-bedroom lofts in full-service buildings, Ms. Campbell said, make now “the right time” for Mr. Alfus to sell.


Jessica C. Campbell
Jessica C. Campbell
Licensed Real Estate Salesperson