Paint Box: This Penthouse Once Housed Art Supplies

It's atop the former Pearl Paint Factory at 42 Lispenard

On a sunnier day than we experienced.
Douglas Elliman
Douglas Elliman
Less paint factory, more entertaining space.
Douglas Elliman
The stairs lead up to the terrace, as well.
Douglas Elliman
The mezzanine level "blends" the apartment.
Douglas Elliman
There is still a fire escape, though.
Douglas Elliman
The kitchen is hidden on one side of the loft.
Douglas Elliman
Seating arrangements.
Douglas Elliman
Ah, spa white.
Douglas Elliman

The penthouse at 42 Lispenard possesses nary a trace of the building’s origins as the Pearl Paint Factory.

“It was a red-and-white building,” Douglas Elliman broker Kirsten Jordan told the Observer, though now the facade is cast iron, perhaps more fitting with the current Tribeca architecture. Still, the fire escape visible from the living room windows adds “really great character,” to the condo, Jordan opined, which she is listing with Sabrina Saltiel for $7.75 million.

“It’s a no-frills building,” Jordan said, perhaps referring to the virtual doorman that resulted in an unfortunate inability to escape the elements until we were buzzed in to the 2,516-square-foot space.

A marble-encased gas fireplace is the centerpiece of the living room, where 23-foot double-height ceilings draw one’s attention to the skylight above. “It’s a nice, large entertaining space,” Jordan added of the open living and dining areas, while the adjacent kitchen boasts Calacatta gold marble countertops and backsplash and Miele appliances.

The master suite is on the other end of the first level, with a dressing room unfinished, so the buyer can decide what to do,” Jordan informed us. The en-suite bath has Calacatta gold marble walls, with a standing tub and separate shower.

There’s a Jack and Jill–style bathroom for a guest bedroom, with quartzite stone Jordan informed us is called “spa white. We did it honed, so it’s a really nice texture for your feet.” Given our rain boots, we took her word for it.

A home office with a closet but sans en-suite bath is a legal bedroom because of the skylight above,” Jordan told us.

An open staircase leads to the mezzanine level, with full bathroom and access to a 1,500-square-foot terrace with with outdoor kitchen, built-in grill, outdoor shower and cabana.

“This penthouse is for a unique buyer,” Jordan admitted. “It works really well for parties—you could do a DJ booth here,” she suggested, gesturing to the edge of the mezzanine, “with people dancing, and set up a couple of speakers—it’s a full-on entertaining space!”

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