650 Delancey #111

As plugged-in people know, the litigation that has been hanging over the Oriental Warehouse (650 Delancey) has recently been settled paving the way for a plurality of new listings, the latest of which is number 111 listed for $1,095,000.

Purchased for $995,000 in June 2005, the sale won’t be apples-to-apples as the 1,554 square foot two-bedroom loft has since undergone a “stunning remodel” which included “only the very finest of finishes” in the kitchen (Wolf stove and Advantium oven) and baths (slate, Toto toilets, and “low voltage warm floors w/ their own thermostat[s]”).


Said kitchen before:


7 thoughts on “The Post-Litigation Oriental Warehouse Listing Parade Continues On”
  1. It will be interesting to see what effect this has on #213, which has been on & off the market since Sept. 2008. #111 is asking $705/sf, #213 is at $856.

  2. Truly interesting to note how much prices have inflated.
    From Redfin price history
    Property History for 650 Delancey St #111
    Date Event Price Appreciation Source
    Dec 03, 2010 Listed $1,095,000
    Jun 03, 2005 Sold (Public Records) $995,000
    Apr 15, 1997 Sold (Public Records) $392,000
    Clearly we had some retreat but not enough in my opinion. Can imagine more than 500K at best.

  3. The sale of 650 Delancey #111 closed escrow today with a reported contract price of $1,032,500 ($664 per square foot).
    Once again, purchased for $995,000 in June 2005 but them remodeled with high-end finishes in the kitchen (Wolf stove and Advantium oven) and baths (slate, Toto toilets, and low voltage warm floors with their own thermostats).

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