17 East 12th Street

New York /
Jul.July 10, 2014 01:11 PM

The luxury condo conversion at 17 East 12th Street is representative of an increasing momentum in the neighborhood towards the ultra-high-end. The 11 story, nine-unit condo conversion was once home to a 50,000-square-foot parking facility before it was picked up by Rigby Assent Management last August. From its German-crafted faucets to its imported London stock brick exterior, the Bromley Caldari and Richard Mishaan-designed residences boast materials sourced from around the world. The units range from three- to four-bedrooms and feature terraces on the upper floors, 11-foot ceilings, electronic kitchen cabinetry that opens by touch, folding glass walls, herringbone oak floors and wood-burning fireplaces. Sales began in late June 2014. At press time, there were three units on offer: two 4,514-square-foot four-bedrooms, asking $16 million and 14.25 million, and a 4,743-square-foot penthouse on the market for $25 million.  Each residence includes a private parking space in the adjoining, automated garage. Contact www.17e12.com or 212-929-1717.

NAMEThe Printing HousePRICE RANGEFrom $1,475,000 to 14,000,000
ADDRESS421 Houston StreetSIZE RANGEFrom 754 Sq Ft to 2,725 Sq Ft
TYPEConversionAVG PPSF$2,148
TOTAL UNITS9TAX ABATEMENTNo
DEVELOPERMyles HornAVG COMMON CHARGE$0.61/sf
BROKERCorcoran SunshineFINISHED BYLate 2014/ Early 2015

Source: Streeteasy, BuzzBuzzHome, TRD, news reports. Data as of late July. List primarily includes Manhattan condo projects that have started sales since Jan. 1, 2010 that have units on market. Projects that started sales since Jan. 1, 2010 that subsequently sold out, have all units in contract or don’t currently have any listings on the market were excluded in most cases. “Price range,” “Size range,” “Avg PPSF (Price Per Square Foot)” and “Common Charge” refer to units currently for sale.

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