Inside the Chetrit Group’s condominium conversion at 738 Broadway are two lofts and two penthouses equipped for the digital era. Residents will be able to turn on fireplaces, and control the lights and stereo remotely, thanks to an automated (and app-accessible) system. The units also feature a mirror-hidden television, as well as an “overflow tub,” in which water pours down from the ceiling, overflows and then spills into a drain. Sales began in January 2014 and despite all of the bells and whistles, prices of the units dipped just a few weeks after the project hit the market. For example, the two 2,396-square-foot, two-bedroom lofts are asking $5.25 million and $4.995 million, respectively — down from $6 million in January. There is also a 2,396-square-foot penthouse with a private terrace asking $6.25 million. Karl Fischer is the architect, and Andres Escobar is handling the interior design. Contact www.738broadway.com or 212-605-9381.
|NAME||738 Broadway||PRICE RANGE||From $4,995,000
|ADDRESS||738 Broadway||SIZE RANGE||2,396 Sq Ft|
|TOTAL UNITS||4||TAX ABATEMENT||No|
|DEVELOPER||The Chetrit Group||AVG COMMON CHARGE||$0.88/sf
|BROKER||Corcoran Group||FINISHED BY||N/A|