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This historic Soho loft owned by Winston Churchill’s granddaughter — where MTV filmed its first “The Real World: New York” season in 1992 and is currently filming its reunion — is in contract to sell for the “tragic” low price of $4 million, sources tell Gimme.
The sprawling, 6,500-square-foot loft, at 565 Broadway, first went on the market for $10.95 million in 2013.
The seller is artist Edwina Sandys, who was last asking $5.5 million for her quirky home.
“The loft is worth so much more. I think she just gave up. It’s tragic,” said a source familiar with the residence.
The five-bedroom, five-plus-bathroom, full-floor loft comes with six original cast iron Corinthian columns, 11-foot windows, restored barrel-vaulted ceilings that are 17-feet high and a 1,500-square-foot mezzanine accessed by two staircases.
The apartment opens via a key locked elevator, and the main living area has a corner great room with an adjacent library; while the open chef’s kitchen has an attached pantry.
The floors are the original marble, and the loft even boasts antique radiators that date to 1874 — and still work.
Sandys and her late husband, architect Richard Kaplan, bought the loft for $950,000 in 1995. The couple often entertained in the space over the years.
Their friend, the late architect Philip Johnson, once called it “the most beautiful loft in Soho.”
The loft is in a stunning 19th-century, nine-story cast-iron building was originally constructed as a five-story Palladian palazzo in 1859 by architect John Kellum.
The marble and cast-iron building then expanded, thanks to a four-story, cream-colored brick addition in 1893.
That’s when it became the manufacturing center for Ball Black & Co, the city’s leading jeweler — before Tiffany & Co. came on the scene.
It was also known as the city’s first “fire-proof” building.
It then morphed into a bank. Later still, the artists moved in. The loft is part of Soho’s cast iron historic district district and the building itself does not have a certificate of occupancy, which has made it more difficult to sell, sources said.
The listing broker is Richard Ziegelasch of Brown Harris Stevens.
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