With two tons of river rock and $400,000 worth of fabricated steel and glass inside, the Olle Lundberg designed loft #T557 at the ClockTower (461 2nd Street) sold for $1,160,000 in early 2007 having been on the market for $1,195,000 at the time.
Listed for $1,399,000 two months ago and briefly in contract, the asking price for the 1,812 square foot loft with a Hobart in the kitchen has just been reduced to $1,349,000.
Purchased for $375,000 in 1995 prior to the Lundberg makeover, the redesigned loft first resold for $1,050,000 in September 2000 and then for $785,000 in August of 2002.
And yes, that’s a custom fabricated pull-down bed behind the breakfast table above.
∙ Listing: 461 2nd Street #T557 (1/2) 1,812 sqft – $1,349,000 [clocktower557t.com]
∙ The ClockTower Lofts (461 2nd Street) [SocketSite]
∙ Lundberg, ClockTower, And Cocktails…Oh My! [SocketSite]