Just posted on real estate firm Massey Knakal’s blog: the sale of 112 Stanton Street, a commercial loft building. According to the posting, the building (between Essex and Ludlow) sold for $2,400,000. It’s a 6-story building with 10-thousand square feet:
There are very few loft buildings on the LES and this was the last remaining building subject to the New York Loft Board. There is a store on the ground floor and six units above. Four of the units are floor-thru while the other two are half-floors. There are three IMD (Interim Multiple Dwelling) tenants remaining in the building and three vacant commercial spaces. The ground floor retail space is also vacant and has great 14’ ceiling heights. Additionally, the basement use is solely for the ground floor tenant.
