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4/11 Worth Street

New York NY 10013

4
3
4500 sq. ft.
Other
Currently for sale - view listing

Overview

Live maintenance free or create a sprawling five bedroom home. We are offering a 4,500 SF Tribeca loft configured as two separate spaces. This 50' wide full-floor Tribeca original artist's loft is approximately 4,500 sf in size and is surrounded by 18 windows with three exposures. It has great character with original brick walls and antique southern yellow pine warehouse floors. The larger section is a four-bedroom, approximately 3,000 sf in size, with direct elevator access. The second adjacent section is approximately 1,500 sf one-bedroom with a home office and a spacious open floorplan. This unit can be rented out with Board approval to generate significant income and potential tax benefits for the new shareholder. The rental income can potentially offset your maintenance to zero. Or you can combine both units and create the best-valued 5-bedroom apartment in Tribeca priced at $766 psf. The two properties share a demising wall that can be removed with DOB and Co-Op approval. *Please note the property cannot be sold as two separate units as there is one proprietary lease and stock certificate. The CO use provides for two apartments. Co-Op requires primary resident purchasers only. Bring your architect and redesign this sprawling space to accommodate as many as 5 bedrooms in multiple configurations. Your future dream home awaits. With a prime Tribeca location, this loft is a perfect choice for someone looking to grow roots in the neighborhood. A bonus of this apartment is that it includes a large secure basement storage room (approximately 400 sf). 7-13 Worth Street is a well-established Tribeca Co-Op with eleven units. This building is located in the heart of Tribeca with Duane Park one block away. The subway is in close proximity, and Whole Foods and shops are a short distance away. Pets are allowed with Board approval.

Features

4 bedrooms
3 bathrooms
4500 sq. ft. floor area
Other

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