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Thread: 115 Allen Street

  1. #1

    Default 115 Allen Street

    Sleek and modern with a European flair. Each residence resonates the rich texture of the neighborhood in a private sancutary setting : exposed brick walls, glazed brick fireplace, floor-to-ceiling windows, built-in overhead lighting, key-locked elevator, central air conditioning, laundry room, private terraces (Floors 3-5 and Penthouse)

    From CURBED

    The hard facts: the architects, CAN Resources, are the fun folks behind the design for Lever House (the restaurant, not the, uh, house), downtown dens Joe's Pub and Bowery Bar, and L.A.'s Standard Hotel. The 3BR Penthouse Triplex, with 2610 sq. ft. (and 1391 exterior sq. ft.) has an asking tag of $2.85m; the other 1BR/2BR floor-throughs (1600 to 2000 sq ft) all are asking $1.25m. (Brokers Laurence Carty and Irene Lo at William B. May have the listings.) The developers, 115 Allen St. Development Corp., purchased the building for $2.4 million in March. If all apartments sell for their asking price, they'll net $7.85m. Less development, construction and sales expenses, they should still stand to make a tidy sum.

  2. #2
    NYC Aficionado from Oz Merry's Avatar
    Join Date
    Oct 2002


    Very nice, in an unexpected spot.

    115 Allen Street Penthouse Returns Again, Asks $4.95M

    by Jessica Dailey

    The penthouse of our old friend 115 Allen Street has returned to the market, yet again. Since May 2011, the 2,610-square-foot unit has been searching, on and off, for a new owner. The seller is the developer of the building, who designed and built the duplex penthouse for his family ('twas the subject of a 2006 Times feature), and he is clearly reluctant to lower the asking price, despite the lengthy stay on the market. The current ask is $4.95 million, which is lower than the $5.5 million ask in May 2011, but $300,000 more than the asking price last fall. That works out to $1,896/square foot.

    The home has four-bedrooms, two-bathrooms, a wood-burning fireplace, three terraces, and a rooftop deck with a hot tub. There's a drop-down movie screen, radiant floor heating, and the place has a custom sound-system inside and out. Will it finally find a buyer or is the developer overestimating how much his Lower East Side pad is worth?

    Listing: 115 Allen Street, PH [Corcoran via StreetEasy]
    115 Allen Street coverage [Curbed]

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