$7.75M penthouse with huge roof deck tops Tribeca’s Pearl Paint-replacing condos
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$7.75M penthouse with huge roof deck tops Tribeca’s Pearl Paint-replacing condos

September 23, 2016

Inside the penthouse (L); The former facade of the building still as Pearl Paint (R)

Tribeca artists’ mecca Pearl Paint–the 80-year-old art supply retailer at 308 Canal Street–closed just over two years ago, and in May, Trans World Equities filed permits to convert one of the buildings into four “bespoke full-floor lofts” and build a two-story addition above the 150-year-old cast-iron structure, now going by 42 Lispenard Street. Two are already in contract, but the newly-listed penthouse awaits, with a prospective winter 2016 occupancy date.

42 Lispenard Street, Pearl Paint, 308 canal Street, Duplexes, Rooftop Spaces, Outdoor Spaces, Penthouse, Loft, Tribeca,

The Italianate building in the Tribeca East Historic District has been scrubbed of the store’s iconic red and white colors, and you won’t find any paint–or cool notepads, canvases, beads and crayons–but you probably won’t need any in your 2,500-square-foot duplex.

42 Lispenard Street, Pearl Paint, 308 canal Street, Duplexes, Rooftop Spaces, Outdoor Spaces, Penthouse, Loft, Tribeca,

42 Lispenard Street, Pearl Paint, 308 canal Street, Duplexes, Rooftop Spaces, Outdoor Spaces, Penthouse, Loft, Tribeca,

42 Lispenard Street, Pearl Paint, 308 canal Street, Duplexes, Rooftop Spaces, Outdoor Spaces, Penthouse, Loft, Tribeca,

Above the living room is a 160-square-foot, 23-foot-high glass ceiling; a direct elevator entry leads into the expansive double height living/dining space with a modern gas fireplace and eight-inch wide plank oak floors.

42 Lispenard Street, Pearl Paint, 308 canal Street, Duplexes, Rooftop Spaces, Outdoor Spaces, Penthouse, Loft, Tribeca,

The custom-built kitchen was designed by Poliform with highlights that include Calacatta Gold countertops and a complete Miele appliance package.

42 Lispenard Street, Pearl Paint, 308 canal Street, Duplexes, Rooftop Spaces, Outdoor Spaces, Penthouse, Loft, Tribeca,

42 Lispenard Street, Pearl Paint, 308 canal Street, Duplexes, Rooftop Spaces, Outdoor Spaces, Penthouse, Loft, Tribeca,

42 Lispenard Street, Pearl Paint, 308 canal Street, Duplexes, Rooftop Spaces, Outdoor Spaces, Penthouse, Loft, Tribeca,

The master suite includes a spacious dressing room/closet, and the marble bathroom has been fitted with custom cabinetry by Antonio Lupi, radiant heat floors and a free-standing bathtub.  Two more bedrooms a full bath, a powder room and a laundry room are also on this floor.

42 Lispenard Street, Pearl Paint, 308 canal Street, Duplexes, Rooftop Spaces, Outdoor Spaces, Penthouse, Loft, Tribeca,

Upstairs on the mezzanine level you’ll find a clever office/study loft. The skylight above the double-height room illuminates even the most mundane task.

42 Lispenard Street, Pearl Paint, 308 canal Street, Duplexes, Rooftop Spaces, Outdoor Spaces, Penthouse, Loft, Tribeca,

42 Lispenard Street, Pearl Paint, 308 canal Street, Duplexes, Rooftop Spaces, Outdoor Spaces, Penthouse, Loft, Tribeca,

42 Lispenard Street, Pearl Paint, 308 canal Street, Duplexes, Rooftop Spaces, Outdoor Spaces, Penthouse, Loft, Tribeca,

The 1,500-square-foot private rooftop terrace has a summer kitchen and an outdoor shower. The new building offers residents a virtual doorman, climate-controlled storage units and bike storage.

[Listing: 42 Lispenard Street #PH by Sabrina Saltiel and Kristen Jordan for Douglas Elliman.]

[At CityRealty.com]

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Images courtesy of Douglas Elliman

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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