Phillip Lim, the co-founder and creative director of his namesake fashion label 3.1 Phillip Lim, has decided to sell his Soho loft for a hefty $8.5 million. The designer, who recently made a comeback at New York Fashion Week, has lived in the spacious apartment for 16 years and has transformed it into a chic and cozy retreat in the heart of the city.
The loft is located in a historic cast-iron building that dates back to 1872. It occupies the entire fourth floor and spans about 3,500 square feet of living space. Lim bought the first unit in 2007 for $2.2 million and then acquired the adjacent unit in 2011 for $1.8 million. He initially used the extra space as a design studio, but later hired architect Joe Nix to merge the two units into one seamless residence.
The loft features two bedrooms, two and a half bathrooms, and a private terrace
The loft has an open floor plan that allows natural light to flood the interiors. It also boasts high ceilings, white-oak herringbone floors, exposed brick walls, and original columns. The living room features a swing that hangs from the ceiling, custom bookshelves that span from floor to ceiling, and a fireplace that adds warmth and charm. The dining room has a hidden wet bar and a large table that can accommodate up to 12 guests.
The kitchen is equipped with top-of-the-line appliances, marble countertops, and ample storage space. It also has a breakfast bar that overlooks the living area. The primary bedroom has a walk-in closet, a dressing area, and an en-suite bathroom with a soaking tub, a steam shower, and a double vanity. The second bedroom can also serve as an office or a guest room. It has its own bathroom and access to a private terrace that offers views of the city skyline.
The loft showcases Lim’s artistic flair and personal style
One of the most striking features of the loft is a black marble sculpture that Lim designed himself. The sculpture serves as a divider between the sitting area and the dining room, creating a sense of drama and intrigue. Lim told The Wall Street Journal that he spent about $3 million to create the sculpture and that it is included in the asking price of the loft. He also said that he is willing to sell some of the furniture pieces inside the loft for an additional fee.
Lim said that he is selling his Soho loft because he wants to find another place in the city that he can renovate and customize. He said that he enjoys the process of designing his own home and that he is looking for a new challenge. He also has a home on the North Fork of Long Island, where he spends most of his time during the pandemic.
Esteban Gomez of Compass has the listing for Lim’s Soho loft.