Condo pick of the week

Go for this condo and you'll be living in a Lower East Side landmark

By Alanna Schubach | March 16, 2017 - 1:59PM 

If you're a New York City history buff—and you have money to spend on high-end real estate—you'll find a lot to love in this condo. (It's listed as a three-bedroom, but it's a bit complicated—more on that later.) Living here will mean real immersion in history: As we previously discussed in this Brick story about residences with fascinating past lives, the property used to belong to the Jewish Daily Forward, a daily newspaper that flourished in the early half of the 20th century.

The building later became a Chinese church before its eventual condo conversion—it's known now for its loft-style units—but it retains some details from its original incarnation as a publication of the immigrant working class—namely, busts of Karl Marx and Friedrich Engels on its edifice. We have to wonder what the authors of the Communist Manifesto would think of this unit's price of $1.645 million, as listed by Brown Harris Stevens

Note that the listing's photos reflect different possibilities for the layout. The first one here shows the living room, should you want to have three full bedrooms; it's a sunny, but narrow, space, though the 11-foot ceilings add some airiness. The second pictures a living and dining area without two of the bedrooms.

The listing deems this an "income producing, investment property," as there are currently three tenants in place. Once the lease is up, you could take down the room divisions and make it an expansive one-bedroom for one person or a couple, with a lovely space for eating and entertaining. 

The cabinetry, countertops, and stainless steel appliances in the kitchen are new, as is the tile backsplash, but as you can see, there's not enough room for a dining table in here, making it even more appealing to keep the dining room space.

Note that the bedroom(s) aren't pictured, so you'll need to do your due diligence there, too. The two bathrooms have been recently renovated for a clean, bright look, and there's a shared roof deck with views of the East River and nearby two bridges that give the area its name.

You won't find the slickness of newer developments here, but you will be amid some compelling NYC history, and in the heart of a corner of the Lower East Side about to undergo some significant development. 

 

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